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BagoGames > Articles > Opinion > The Safest Payment Methods for Online Gaming

The Safest Payment Methods for Online Gaming

Trevor Kincaid by Trevor Kincaid
3 years ago
in Opinion
Reading Time: 3 mins read
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Modern games often use in-game purchases to help increase their replay value, excitement and to give better funding for developers. Micro-transactions and other in-game purchases have attracted complaints from some gamers, particularly in the case of loot boxes (similar to a treasure chest). They are, however, a big part of modern gaming and help developers to provide quality games at affordable prices.

It’s important to be careful with your payment details of course and it’s worth taking into consideration which payment method to choose before making any purchase online. The speed and safety of transactions and the support for different currency types are all factors to be aware of before choosing which payment method to use.

Online Game and Casino Payments

If you enjoy playing online games or at online casinos, using games like video slots, online poker or blackjack, you’ll know that payment methods are an important part of playing online. It’s important to make sure the site or casino you use features proper encryption to keep your payment details secure and that there aren’t charges on deposits or withdrawals. Most gaming sites, slot sites, and online casinos allow you to use a wide range of different payment types and as a plus, they have no deposit bonuses. Below, we discuss typical payment methods used on most gaming sites and online casino sites.

MasterCard or Visa Credit/Debit card

MasterCard or visa pay online

Debit and credit cards are probably some of the easiest ways to make payments online. Both card types process payments quickly and don’t charge fees providing you’re purchasing something using your currency. The downside of using a credit or debit card is that the site you’re purchasing on will have access to your card details. Of course, fraud protections exist, and sites should make sure that encryption is used, but occasionally card details get exposed by hackers. If you don’t have a credit card yet, you can try visiting reputable sites such as credit card chest.

PayPal

PayPal is now one of the world’s most popular methods of payment online. When registering with PayPal you’ll only need to enter your bank details one time, meaning that this information is protected when using PayPal to make payments online. PayPal is a great payment method to ensure that your privacy is upheld when making in-game purchases and it’s also extremely fast and simple to use. PayPal does sometimes introduce fees when making withdrawals and payments so make sure to check out the full PayPal guide before using.

Neteller or Skrill

Neteller and Skrill are both classed as e-Wallets which help to keep your funds secure when making payments online. You can instantly load your e-Wallet account with funds from your bank, letting you make payments quickly and worry-free. Some charges do apply when using these e-Wallets so make sure you check out the full terms before using them.

Bank Transfers

Although bank transfers used to be one of the most popular ways of making online payments, the increased availability of different methods now makes them less widely used. Bank transfers often take between 3-5 working days to process so they’re much slower than other options. In addition to this, you can often be charged for using a direct bank transfer to make a payment online. You’ll also need to enter your full payment details which is a concern if the site is compromised or not secure. Despite this, bank transfers can often be useful for making larger single payments.

Overall, you need to make sure that whichever payment method you use is secure and that it’s supported by the site or game you’re playing at. Never reveal your bank details if you’re unsure of the safety of a site and always be wary about giving payment details to sites you don’t trust.

This article contains sponsored links.

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