If you are a fan of playing online casino games for real money, then you understand the importance of having a convenient payment method that lets you make quick payments and receive winnings. Nowadays, a plethora of payment methods are accepted by online casinos in Europe, but not all of them offer the same level of convenience and overall user experience. Additionally, some methods are unsuitable for use in specific European countries, while others charge high fees making them disadvantageous for use compared to others.
- This guide shares info on the leading and trendy payment methods and providers in Europe and focuses on the factors that matter to users when making a deposit or withdrawal. These include daily minimum and maximum withdrawals, processing times, payment security, and more.
Accepted Online Casino Payment Methods in Europe
The following table lists the payment methods that are widely accepted at EU online casinos in 2023. Some of them are local financial solutions in certain EU countries, and others work internationally. To make things easy, we recommend using Visa debit cards, PayPal, Skrill, Trustly, Paysafecard, or select cryptocurrencies like Litecoin.
|Astropay||Virtual prepaid card for online payments|
|Bancontact||Popular payment method in Belgium|
|Bizum||Spanish instant mobile payments app|
|BLIK||Polish mobile payment system|
|Boku||Mobile payments through phone carrier billing|
|Crypto||Digital payments with decentralized transactions|
|CASHlib||Online prepaid vouchers for payments|
|CashtoCode||Cash payments for online purchases|
|CoinsPaid||Cryptocurrency payment processing platform|
|Comgate||Payment gateway and processing platform|
|EMerchantpay||Online in-app and in-store payments|
|EcoPayz||Online payments and money transfers|
|Entercash||Online payments and bank transfers|
|EPS||Online payment method in Austria|
|Euteller||Instant bank payments in Finland|
|Flexepin||Prepaid vouchers for online payments|
|GiroPay||German online bank transfer payments|
|HalCash||Spanish cash payments for online purchases|
|iDEAL||Popular online payment method in Netherlands|
|iDebit||Secure online payments in Canada|
|InstaDebit||Instant and secure online payments in Canada|
|Interac||Online and mobile payments in Canada|
|Lottomaticard||Italian prepaid card for online payments|
|Multibanco||Portuguese online banking payment method|
|Neosurf||Pre-pay voucher payment method|
|Nordea||Nordic online bank payments|
|OneVanilla||Prepaid debit card for online purchases|
|Paysafecard||Prepaid vouchers for online payments|
|Perfect Money||Digital currency and payment system|
|Postepay||Italian electronic prepaid card|
|PurplePay||A cross border digital payment app|
|PayPal||Digital wallet for online transactions|
|RapidTransfer||Online bank transfer payment solution|
|Revolut||Digital banking and payments app|
|Siirto||Finnish real-time mobile payments app|
|Siru Mobile||Mobile payments through phone carrier billing|
|Skrill||Digital wallet and online payments|
|Swish||Mobile payments in Sweden|
|Teleingreso||Spanish cash payments for online purchases|
|TrueLayer||Open banking and payments API platform|
|Trustly||Instant online bank payments and transfers|
|UPayCard||Online payment solution with prepaid cards|
|Viva Wallet||Digital payments and banking solutions|
|Volt||Digital banking and payments app|
|Western Union||Global money transfer services|
|Zimpler||Swedish account-to-account payments service|
|Zotapay||Payment processing and merchant services provider|
Accepted Currencies at European Online Casinos
Nineteen countries in Europe use the Euro as their currency. As a result, the Euro is the most widely accepted currency by online casinos in Europe, with the US dollar coming in second. In addition to these two popular currencies, there is a range of other options available to players, usually from the Australian dollar to the Swiss franc:
- Australian Dollar (AUD)
- Brazilian Real (BRL)
- British Pound (GBP)
- Canadian Dollar (CAD)
- Croatian Kuna (HRK)
- Chinese Yuan (CNY)
- Danish Krone (DKK)
- Indian Rupee (INR)
- Japanese Yen (JPY)
- New Zealand Dollar (NZD)
- Norwegian Krone (NOK)
- Polish Złoty (PLN)
- Russian Ruble (RUB)
- Swedish Krona (SEK)
- Swiss Franc (CHF)
Cryptocurrency is a relatively unfamiliar concept to most players, but it is a frequently discussed topic in the European i-gaming industry. Therefore, players who prefer to use cryptocurrency rather than traditional fiat currencies (such as EUR or USD) can also use digital currencies like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Tether to gamble on their favourite slots and games.
Note: Not all payment methods will accept every currency available, be sure to check what’s on offer before signing up for a casino account.
Types of Casino Payment Methods in Europe
As technology advances, our world is becoming more digitized. Today there are various payment options that you can choose from for playing casino games online, ranging from traditional methods like debit card payments to the latest in cutting-edge digital e-wallets and cryptocurrency.
Debit and Credit Card Payments for Seamless Transactions
- American Express (Amex)
- Diners Club
Visa and MasterCard, debit and credit cards, are the preferred payment options among many European online casino enthusiasts due to their familiarity, safety, and convenience. To fund your casino account with these cards, you need to provide personal details, including your full name, card number, expiry date, and the three-digit Card Verification Value (CVV). After the transfer is complete, your casino account will be credited instantly.
Note that some card issuers may block gambling-related transactions. Additionally, some countries entirely prohibit using credit cards to pay for online gambling since players can potentially gamble with funds they don’t actually own and incur significant debt.
Digital Wallets and Mobile Payments Solutions
If you’re looking for a straightforward way to make deposits and get paid your winnings when playing online casinos, consider using e-wallet-based payment methods. E-wallets are a prevalent option for gambling in the EU and are accepted by many Euro casinos. They function as virtual wallets that allow you to store and transfer money online securely and effortlessly.
Before you start using digital wallets for online gambling transactions, here are some pros/cons to keep in mind:
- Advantages: Using digital e-wallets as a payment option for gambling has numerous benefits. For starters, e-wallets provide an extra degree of security and encryption between your bank account, the actual transaction and the online casino. This is vital if you’re concerned about the safety of your personal and financial information. Additionally, e-wallets offer fast and convenient withdrawals, usually processed at top casino sites instantly.
- Disadvantages: Most e-wallets charge fees for transactions or currency exchanges, so it’s essential to check the fees associated with an e-wallet to evaluate whether you’re happy to use their service. Another disadvantage is that not entirely all online casinos accept e-wallet deposits when claiming bonuses.
- Popular e-wallets for online gambling: PayPal, Skrill, and Neteller are among the most popular e-wallets for online gambling in Europe. PayPal is usually offered by large gambling operators like Bet365, but Skrill and Neteller are supported by most casino sites and offer quick and secure transactions. Apart from the big names, other e-wallets like ecoPayz, MiFinity eWallet, and the award-winning MuchBetter are also widely used and accepted for online gambling.
- Using e-wallets: To use an e-wallet for casino gaming, you’ll first need to create an account with an e-wallet provider (PayPal, Skrill, for instance) and fund it with the desired amount using your bank card. Then, visit an online casino that accepts electronic payments, and select the e-wallet, among other options, as your preferred payment method. Afterwards, you’ll be redirected to the e-wallet’s website to complete the transaction. Most e-wallet transactions are usually processed instantly, enabling you to start playing casino games for real money without any delays.
Note: it’s always a good idea to evaluate the e-wallet’s reputation, reliability, certification and financial licensing to ensure your money is safe and secure.
Streamlining Payments with Apple Pay and Google Pay
With Apple Pay or Google Pay, you can easily make online casino deposits using your smartphone or tablet.
Apple Pay is a digital wallet service exclusive to Apple devices, including iPhones, iPads, and the Apple Watch. It’s fast, secure, and incredibly convenient. If you’re already an iPhone owner, you may have used Apple Pay to pay at a physical store or online.
If you’re an Android user, you can use Google Pay similarly to make purchases online, in apps, and in stores, as well as deposit money into your online casino account. To get started simply add your credit or debit card information to your Google account, and you’re ready to go.
Using Apple and Google Pay offers great convenience, and one of their biggest advantages is their state-of-the-art security technology. This ensures that you are protected and safe while using these payment methods. The downside is that these payments are not yet widely available across all gambling sites.
Prepaid and Digital Cash Voucher-Based Payments for Secure Transactions
Prepaid cards and digital cash vouchers are a category of payments, both online and physical, that users can load with funds and use for purchases or transactions. Although they operate similarly to credit and debit cards, prepaid methods are not associated with a bank account. You can purchase virtual prepaid cards online from official resellers like dundle.com and load them with funds in physical stores or online.
- The top advantage of prepaid cards is their user-friendliness. They offer an extra layer of security because users do not need to enter their credit or debit card details when making transactions, and they cannot spend beyond the card’s loaded value. This makes prepaid cards an excellent payment alternative for players who want to control their online gambling expenses.
- To use a prepaid card for depositing funds at an online casino, you need to obtain and “load” the card with funds first. Once you have loaded your prepaid card, you can go to the cashier section of your selected online casino and choose the prepaid card option and enter the card details and specify the deposit amount.
Your funds will appear immediately in your online casino account, allowing you to start playing your preferred casino games. However, not all prepaid cards are available for withdrawal requests. If withdrawals are allowed, you again need to choose the prepaid card option in the cashier section and follow the instructions provided to complete the transaction.
Online Cash Vouchers: A Convenient and Private Option
If you are concerned about online security or struggling to control your gambling habits, online cash vouchers are an excellent option for you. Similar to prepaid cards, they can be purchased with cash at retail locations in the EU or through official provider websites. Most cash vouchers are available in denominations ranging from 5 EUR to 100 EUR.
For example, CashtoCode eVoucher is a popular choice that can also be purchased online from Dundle.com. Once you make your online purchase, you’ll receive a digital 20-digit voucher code to your email, which you can use then to deposit funds into your casino account within seconds.
- Not all online casinos accept cash vouchers
- If you lose your voucher or PIN code, there is no way to recover it
- You cannot withdraw money from an online casino using a cash voucher
- Some voucher providers may charge fees (read their terms and conditions before purchasing one).
Open Banking for Enhanced Flexibility: Trustly
Open banking is a technology that offers enhanced flexibility, fast transaction speeds, and security for financial transactions. It allows customers to use their online banking login details to complete payments without the need for additional credentials. For instance, all players at Trustly casinos using this method can make hassle-free and convenient gambling payments without loggin into their bank accounts.
- Advantages: Open banking is one of the most trusted payment systems available in i-gaming since transactions are conducted via the customer’s bank infrastructure, ensuring that personal and financial details are protected at all times. The system also provides flexibility for both withdrawals and deposits, with most withdrawals completed instantaneously.
- Disadvantages: Although the open banking system has been popular in Nordic and some Central European countries since 2016, it is not yet available in all European countries.
If it’s available in your location, we recommend checking it out.
Cryptocurrency Payment Options for Safe and Discreet Transactions
- Bitcoin Cash
- Binance Coin
Cryptocurrencies, commonly known as “crypto,” are becoming a standard payment method in many online casinos that operate in Europe. Below we’ve listed a standard set of cryptocurrency options that can be used for deposits and withdrawals. While the number of options may vary by site, these are commonly offered.
- Advantages: Cryptocurrencies are virtual currencies that use advanced cryptography for security. They operate independently of the European Central Bank (ECB) and can be transferred between individuals without the need for intermediaries. The most popular crypto coins for online gambling are Bitcoin, Ethereum, and Litecoin.
One of the most significant advantages of using cryptocurrencies for online gambling is anonymity. When you use cryptocurrencies, only the public address of your wallet is shared, and it’s not linked to any personal information. This feature is especially important for those who value their privacy.
Another advantage is the speed of transactions. Cryptocurrency transactions are processed within minutes, unlike traditional payment methods, which can take several days to process. This means you can deposit funds quickly and start playing your favourite casino games.
Cryptocurrencies also offer a high level of security since they’re protected by advanced cryptography and aren’t subject to the same vulnerabilities as traditional payment methods. This means you can be confident that your funds are safe and protected from fraud and theft.
- Potential Drawbacks: One drawback of depositing and playing games at crypto casinos is the volatility of real time cryptocurrency prices. The value of digital coins can fluctuate rapidly and unpredictably, which can make it challenging to calculate the value of your actual winnings or losses accurately.
The lack of proper regulation is another potential drawback. This means that if something goes wrong, you may have limited options for recourse. Additionally, using cryptocurrencies can be confusing if you’re new to the technology, which could result in costly mistakes or misunderstandings.
It’s important to be aware of these potential drawbacks and do your research before deciding to use crypto for online casino deposits. By understanding the risks and taking appropriate precautions, you can enjoy the benefits of using these coins while minimising the potential downsides.
Instant Bank Transfers for Reliable and Trusted Money Move
If you’re searching for a highly secure way to deposit money into your online casino account, instant bank transfer payments might just be your solution. It’s straightforward, and it’s also considered extremely secure. The instant bank transfer method has been around for over 150 years, initially sent via telegram. Nowadays, most European players can make fast casino wire transfers online and get straight to playing.
To deposit money using the instant bank transfer casino payment method, simply login to your gambling account and locate the “Instant Banking Transfer” icon. Then, click the deposit button, enter the amount you want to deposit and confirm the payment. Your funds should be available immediately, though remember that your bank may require you to authorize the transaction before releasing any funds.
- Essentially, the instant bank transfer option offers a fast and secure way to transfer money between local bank accounts.
Should you be fortunate enough to win some cash while playing your favourite casino games, you can also withdraw your funds using this method. To do this, just follow the reverse process of your deposit; log in to your account, click on the withdrawal button, select your bank from the drop-down menu, choose the amount you wish to withdraw, and your money should shortly arrive after the casino processes your payment.
Withdrawal Times and Limits: Understanding the Fine Print
When it comes to payment methods at online casinos in 2023, withdrawal times and limits are key concerns. Reliable and prompt payments are crucial, especially when large sums of money are involved.
- Top European casino sites are known for processing cashouts quickly, usually within 8 hours, and being available 24/7. Payments to e-wallets are often completed within minutes to a few hours, while bank transfers take longer since they’re being processed during business hours.
- Some casinos fall into the medium-fast paying category, paying out within 24 hours and not processing withdrawals on weekends. While they may not be the quickest-paying, they are still trustworthy, and players can expect payouts within the allotted time.
- We advise against playing at slow-paying casinos, which take more than 24 hours to begin processing withdrawals, and often have a pending period during which a cashout can be reversed. Pending periods can range from 24 to 72 hours, excluding weekends, resulting in potential wait times of up to five days for players to receive their winnings.
- Withdrawal limits at online casinos usually range from €5,000 to €50,000 per day, depending on each casino’s withdrawal policy, which can vary for new players and high rollers. To rank the best European casinos, we consider the maximum withdrawal amount to avoid players being frustrated by the inability to withdraw large sums of money due to weekly limits.
Tip: Consider playing at European casinos with high withdrawal limits, such as BC.Game, Bitstarz.com (no limits), or Winz.io (allowing up to 400K per month).
Payment Method Trends: Digital Euro
Digital Euro – a potential future payment method that is currently being considered by the European Central Bank (ECB). This currency would work similarly to cash, allowing users to pay electronically using a mobile phone app or card. The ECB hopes that introducing a digital euro would offer a secure, user-friendly payment solution that would complement traditional paper banknotes and coins, providing an anchor of stability for payment and monetary systems in the digital age.
However, the ECB is still evaluating the potential benefits and challenges of the digital euro, including its impact on payment and monetary systems and compliance with legal requirements. The ECB also aims to improve the monetary sovereignty of the euro area and enhance competition and efficiency in the European payment sector.
Finding the Right EU Casino Payment Method for Your Needs
An array of casino accepted payments exist that are at your disposal, each with its distinct pros and cons:
- Debit cards are the best options if you want safety and convenience.
- Digital wallets provide ease of use, but it’s important to remember any potential fees.
- Prepaid cards and digital cash vouchers is a wise choice if you want greater control over your online gambling budget.
- Open banking-based methods provide the flexibility to make and receive payments without additional steps.
- Crypto payments offer anonymity and fast withdrawal speed, and exceptional security but lack regulation.
Aside from that, it’s always best to play at casinos with high withdrawal limits to ensure an optimal gambling experience.
Withdrawal limit of up to 400K/m-th.
No withdrawal limits.
No withdrawal limits.