There can be no question that slot gaming is a really big thing these days. Interest in casino games of all sorts has grown during the internet era, but slot games have consistently been the main attractions.
That is because they are easier to play than games such as blackjack or baccarat. No one needs to spend time learning complicated rules or strategies before playing a game like Cleopatra Slots – they can just sign up and start spinning.
Given that most people are not dedicated gamers, this is important. If all you are looking for is a little fun and excitement on a dull evening, slot games are the obvious choice.
They do still involve paying in and withdrawing money though, so players have to select a preferred transaction method. These days some casino sites offer alternatives to bank transfers or credit card payments that are worth looking into.
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Fresh Ways to Send and Receive Cash
The decision to embrace new payment methods is simply a reflection of the fact that online slot fans are tech-savvy. That means the sites must keep pace with the latest developments in technology to provide an ever-better experience for their users.
There have been several developments in terms of digital financial transactions in recent years, leaving individuals to pick the ones that suit them best.
E-Wallets
The term ‘e-wallet’ refers to a platform that holds money for an individual or enables the processing of transactions between them and an e-commerce site. Probably the most well-known one is PayPal, which a number of online casino sites have adopted as one of their payment methods. It is not the only one though, as Neteller is also available at a lot of these sites.
A big advantage of an e-wallet like PayPal is the stringent security it deploys to protect both the banking and personal data of its users. Another is the fact that it reduces the amount of such data that an online gamer has to provide on the casino site itself.
The transaction times are fast too, with deposits completed in seconds and withdrawals in hours. One downside is that users sometimes have to pay transaction fees though.
Prepaid Card or Voucher
This is a payment method that completely eliminates the need to share your bank data with a gaming site. It involves buying either a card or a voucher that features a number consisting of 16 digits. That number is then inputted into the correct box at the casino site and the deposit is completed.
It has become a very popular method of conducting digital transactions among those who are worried about cyber-crime, or just like to keep their data as private as possible. The biggest prepayment card at the moment is probably Paysafecard, but other examples include Neosurf, Boleto and AstroPay.
The only major downside to it as a way of depositing and receiving money is that it is still quite rare among online casinos. Perhaps more of them will add it to their payment methods if it continues to grow in popularity.
Mobile Payment Providers
A great many of those who like playing slot games do so using mobile phones. That is why more casino sites are now starting to add mobile-only transaction providers to their payment options. Examples of such providers include Tele2 and Zimpler.
They work by allowing the user to link their debit or credit card to their mobile number. Then when they want to carry out a transaction, they use either a fingerprint or security code to complete it.
A benefit of this method is that the security measures deployed make it difficult for someone to commit online fraud. Another is that it allows for fast transactions while on the move.
Cryptocurrencies
Crypto is the radical new payment method that could really change online financial transactions. It combines many of the advantages of the other options while avoiding the drawbacks. For instance, it is as rapid and secure as e-wallets without the fees, while also being easy to use from anywhere, like mobile payment methods.
Furthermore, as with prepaid cards or vouchers, crypto transactions do not require the user to enter any bank account information online. All of that is why they are proving to be a big hit among fans of digital slot games.
There is an inevitable downside though. It is that the number of casino sites that allow payments using crypto coins such as Bitcoin or Ethereum is still fairly small. That is largely due to lingering concerns about the lack of regulation within the crypto markets, but customer demand may change things.
All of these payment methods have their benefits for slot fans, making it a matter of availability and personal choice.
