Online bingo has become incredibly popular but this would not have happened had playing at online bingo sites not been safe and secure in terms of their banking facilities. Thanks to the payment options available we can we enjoy playing knowing that the financial transactions we perform are totally secure. There are plenty of options available depending on what your requirements are, and different bingo sites use different payment methods. It is worth noting that bingo sites generally check proof of identity independently to determine that the details you have provided are correct, and for your protection to fight against fraud. Below you can find more information on the most popular types of payment method.
By far the most popular method to deposit and withdraw money. Using your debit or credit card is fast, safe and convenient. You are also guaranteed protection from your own bank. Using your debit card (Maestro/Switch/Delta, Solo and Visa Electrons) is available from all online bingo sites.
As with debit cards, all online bingo sites accept credit cards (Visa and Mastercard). Many credit card companies treat purchases on bingo and gambling sites (in other words making deposits) as a cash advance and therefore charge much higher rates of interest with no interest free periods of repayment as happens with purchases. Banks that do this are HSBS, Morgan Stanley, Egg, Bank of Scotland, Lloyds TSB, Halifax, MBNA, NatWest and RBS amongst others, so please check your credit card's terms and conditions. Additionally Mastercard is not available as a withdrawal option.
For anyone that shops online, Paypal is a well known way to pay for your purchases. Being one of the largest payment systems, many online bingo sites now offer Paypal as a payment option which is great news for hassle free deposits and withdrawals. Paypal is also totally secure as no one sees your bank or card details when you make a purchase.
Neteller is a popular and flexible payment method that has been around since 1999 and has been especially popular as an eWallet for online gamers. Neteller is totally safe and secure and when you register your identity will be verified as a protection measure against identity theft and fraud. You can deposit and withdraw funds into your Neteller account and use your funds through your Neteller account as you please, as if you had an online wallet. Neteller users can also obtain the Net+ card which is a prepaid Mastercard which you can use to spend the funds you have in your Neteller account.
PaysafeCard is one of Europe’s most popular payment methods. To get a PaysafeCard all you need to do is find a retailer linked to PayPoint (newsagents, petrol stations, off licences, etc) and pay the cash amount you wish to spend on bingo (£10, £25, £50 or £75). You will then receive a card with a 16 digit code which you can use to deposit funds onto your online bingo account. The advantage of using PaysafeCard is that it is anonymous and cannot be used by fraudsters but charges do apply after the first year of having an account.
Ukash is a voucher payment system and you can buy Ukash vouchers at any Ukash outlet such as Payzone, PayPoint for any amount between £5 and £100, and you will then be sent the voucher via SMS or email. Ukash is totally free and many online bingo sites offer extra bonus incentives for players who use Ukash as their payment method.