Deposit Methods
Credit Cards
Credit card payments have long been the de
facto standard casino deposit
method, but a growing number of credit card companies and US banks
are refusing to accept credit card payments related to online casino
gambling. The reasons that are given are the high chargeback rate
that is associated with credit card payments related to online
casino
gambling, and the uncertain legal climate in the US.
Personal Internet Accounts
Due to the growing number of credit card
companies and US banks refusing
to accept credit card payments related to online casino gambling,
many Internet casinos are increasingly offering and promoting
alternative
online payment services, mainly centered around the concept of a
Personal
Internet Account. A Personal Internet Account can be funded with
your
credit card and/or banking account. After funding your Personal
Internet
Account you can use it to perform funds transfers without revealing
your credit card details. There are many types of Personal Internet
Accounts available today.
Online ATM debit cards
Some personal Internet accounts are tied
to an ATM debit card. You
can use these kind of casino deposit methods both to shop online and
off-line, and even withdraw your balance from a local ATM machine.
900 Pay / TeleBuy
900 Pay is brand new casino deposit
method, developed by Navaho Networks
Inc. The system doesn’t require you to have a credit or debit card.
All you need is a telephone. Your online purchases will be directly
billed to your phone bill as a Navaho Networks purchase. Telebuy is
available for customers who register a bank account with 900Pay.
ACH (or Electronic Check Processing)
An electronic check or ACH direct bank
transfer is a bank transfer
from your US based check or savings checking account to another
checking
account.
ACH casinos
An electronic check or ACH direct bank
transfer is a bank transfer
from your US based check or savings checking account to another
checking
account.
Wire transfer
A wire transfer allows you to wire money
directly from your checking
account to the casino's checking account. Often a casino will give
you a bonus for depositing with a money order, to cover your
transaction
costs.
Check
Checks are written orders to instruct your
bank to transfer money
from your account to that of the check-holder. Most casinos will
accept
checks to fund your casino account. Checks are often used to send
you your winnings.
Money Orders
Personal money orders are also called
registered checks, and are available
at your local bank. You can issue a personal money order without
having
a checking account.
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