Popular Payment Methods for Money Transactions at Online Casinos in Australia
Australia is the land of the kangaroos and the emu, but it’s also a great place to play online casino games. Australian casinos are among the most popular and well-regulated in the world, so it’s no surprise that they’re also some of the most trusted.
The best online casinos in Australia accept all major credit cards, as well as other secure payment methods like PayPal and Skrill (formerly Moneybookers). You can also use popular cryptocurrencies such as Bitcoin to make deposits and withdrawals at many Aussie sites.
Keep reading to learn more about common payment methods at Australian online casinos, including how they work and whether or not you can use them for real money transactions.
e-Wallet Options at Real Money Online Casinos
E-wallet options at online casinos in Australia are rapidly growing in popularity. An e-wallet is a simple and convenient way to deposit money into your online casino account.
It offers several advantages over other methods of depositing, including instant access to your funds and the ability to use your e-wallet funds at multiple different sites.
Many different electronic payment methods can be used at Australian online casinos.
PayPal – PayPal is the most popular and widely used e-wallet method in the world. It is also accepted by almost all online casinos and other gambling sites, including those in Australia.
Neteller – This e-wallet service has been around for more than 20 years and is one of the most popular ways for Australian gamblers to fund their accounts. You can deposit funds using a Visa or MasterCard debit card, or via bank transfer (up to 10 days).
Skrill (Formerly Moneybookers) – Skrill is another popular e-wallet service that’s been around since 2001. It offers a wide range of features including instant withdrawals and deposits, 24/7 customer support, and no transaction fee.
Credit Cards and Bank Transfers
Credit cards are by far the most popular method of depositing at Australian online casinos. This is for good reason, too. Credit cards are accepted by almost every major and minor casino, they’re convenient to use, and they’re equally as safe as other deposit methods.
The most popular credit cards are Visa and MasterCard, which both offer a wide range of benefits to players. For example, Visa offers 24/7 customer service through its dedicated phone number or live chat feature. You can also expect to receive your winnings faster if you use a Visa card than if you use another payment method.
MasterCard offers similar benefits such as 24/7 customer support and fast withdrawals. It also has one other benefit that makes it stand out from the crowd: zero liability protection on all transactions made with a MasterCard card.
American Express also offers a wide range of benefits including fraud protection and zero liability protection on all transactions made with an American Express card. It also offers 24/7 customer support which makes it easy for players to get in touch with casino management should any issues arise with their accounts or funds.
A wire transfer is a method of transferring money electronically from one bank account to another. You can use this method to deposit funds into your account with an Australian casino in less than 1 business day. Wire transfers are usually free unless your bank charges a fee for sending the money out of Australia.
Prepaid cards are an alternative payment method to credit cards, and they’re growing in popularity. They can be used at Australian online casinos, but you’ll need to make sure the casino accepts them before you can start playing.
A prepaid card is a payment method that’s similar to a credit card or debit card, but it’s loaded with cash rather than being linked to your bank account. You can buy prepaid cards at supermarkets and newsagents, as well as online.
Third-Party and Virtual Banks
Third-party banks are the most common way of depositing money at an online casino. To use this service, all you have to do is create an account with one of these third parties and link it to your casino account.
Then, when you want to make a deposit or withdrawal, all you have to do is enter your details on the third party’s website and then confirm them on the casino’s website. The money will be transferred from your bank account straight into your online casino account within minutes!
The biggest advantage of third-party banks is that they are 100 percent secure, as they use a different payment processor than the casino. This means that you will not be able to access the money in your account until it has been transferred to your actual bank.
Virtual banks are similar to third-party banks in that they also use a different payment processor than the casino. However, these banks do not actually exist and were created by online casinos in order to make it easier for players to deposit and withdraw money.
While virtual banking methods can be convenient, they may also come with some limitations such as higher fees or limited withdrawal options.
The most popular virtual bank is Western Union, which has been around since 1851 and is available in more than 200 countries around the world. Western Union was one of the first companies to offer an international virtual banking service, and it has since become one of the most trusted brands in the industry.
Mobile payments are increasingly popular, and several online casinos offer them. They’re also the easiest way to make deposits, especially if you don’t have a credit card.
Mobile payments are simply a way of paying for something using your phone or other mobile device. You can use them for purchases in shops, or at some casinos.
Mobile payments aren’t new — they’ve been around for years. But recent developments mean that they’re now more convenient than ever before.
The most popular mobile payment methods are:
Apple Pay: Apple Pay is a mobile payment system that allows you to make payments through your Apple device. It’s similar to other mobile payment systems, like Android Pay or Samsung Pay, but it has one advantage: It has a dedicated chip on the phone that makes it faster and more secure than other methods.
When you use Apple Pay, your iPhone or Apple Watch sends your credit card information to the store’s point-of-sale system using NFC (Near Field Communication) technology. This allows you to pay for items without having to swipe your card or enter your PIN.
You can add your cards to Wallet by entering their details into the app or adding them manually while setting up your device. You’ll also need to enable Touch ID so that you can quickly authorize transactions using just your fingerprint.
The most important thing about Apple Pay is that it’s supported by many major retailers in Australia, including Coles and Woolworths supermarkets, as well as Shell petrol stations and many smaller businesses around Australia.
Google Pay: Google Pay is a mobile payment system that supports credit and debit cards, as well as loyalty cards, gift cards, and offers. Using the Google Pay app or website, you can pay for your online casino transactions with just one tap.
Google Pay offers real-time transaction notifications and an easy way to check your balance. Once you set up your account, you can use it anywhere that accepts contactless payments.
You can use Google Pay with most Android-based smartphones running Android 4.4 KitKat or later versions of the operating system. You must also have a compatible NFC-enabled device — such as a Samsung Galaxy S7 Edge or Google Nexus 6P — to make contactless payments at supported stores and venues.
BPay: BPay is another popular option for making deposits at online casinos. This service allows users to transfer funds from their bank account to their online gambling account via direct debit.
POLi: POLi is a payment service offered by Australia Post and Commonwealth Bank which allows customers to make payments directly from their bank account without needing their card details or having to enter their PIN into a website while they wait for confirmation of their transfer being processed.
Cryptocurrency Payment Methods
Australia is one of the countries that has taken a very positive attitude towards cryptocurrency and online gambling. It means that you can find many online casinos accepting Bitcoin and other cryptocurrencies as payment methods.
Cryptocurrency payments are not only fast and convenient but also provide players with a high level of anonymity and security.
We have collected some of the most popular cryptocurrency types used at Australian online casinos:
Bitcoin – Bitcoin is the oldest, most popular and most valuable cryptocurrency on the market today. It was created in 2009 by an unknown person or group under the name Satoshi Nakamoto.
It uses peer-to-peer technology without requiring a central authority or bank for transactions (hence “crypto”). You can use Bitcoin to make deposits at Australian online casinos such as Bet365, Ladbrokes and Unibet.
Ethereum – Ethereum is another popular cryptocurrency that was created in 2013 by Vitalik Buterin at 19 years old after he realized that Bitcoin has limitations as a medium for financial transactions due to its slow speed and high transaction fees (for comparison: Bitcoin transaction fee is about $1 per transaction).
Bitcoin Cash (BCH): Bitcoin Cash is a peer-to-peer electronic cash system. It is fully decentralized and works without any central authority.
Transactions are verified by network nodes through cryptography and recorded in a public ledger called a blockchain. Bitcoin Cash was created by a fork of the Bitcoin network, although it’s not currently clear if it will ever be used as a currency on its own.
Tether (USDT): Tether is pegged to the value of one US dollar and backed by the US dollar reserves held in reserve by Tether Limited. It can be redeemed for USD at any time.