Online casinos allow players to do their banking through a variety of different options. While credit cards, debit cards and e-wallets are the most popular, they are very restrictive, often leaving out players who cannot obtain a credit card. This predicament has prevented many players from signup, but prepaid vouchers present a new alternative.

Prepaid cards are also much safer than debit and credit cards. While online casinos take many preventative measures to ensure that the information that their players provide is safe, some skeptics are still weary about sending personal information over the internet. With prepaid cards, there is no information transferred, aside from the amount of money the player is depositing.

Vouchers can be purchased from a variety of retail outlets, including newspaper stands, gas stations and convenience stores. With a wide variety of denominations, players can purchase prepaid vouchers for anywhere from $5 to $500. When the player wishes to deposit money into their online casino wallet, they are required to enter the voucher’s PIN (which is located on the back of the card) into the banking system. The money is then deposited instantly, without the player ever having to share their own personal details with the casino.

The only downside is that players must coordinate a secondary banking method, in order to withdraw money. Players can request wire transfers, which are instant but cost upwards of $20, so it may not be worth the trouble if a small sum of money is being withdrawn. Cheques are free of charge, but they can take anywhere from 1 week to 21 days to arrive at their destination.


December 27, 2009

Comments

One Response to “Pre-Paid Vouchers Present Safer Option for Online Casinos”

  1. Bingo on January 7th, 2010 6:36 pm

    I think this is an excellente option. Thanks for the info.

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