Casino Payment Methods
Choosing the right casino payment method is an important step when playing for real money at online casinos. With so many options for deposits and withdrawals, it can sometimes feel overwhelming to decide which one to use.
To make it easier, we’ve created detailed guides covering the most popular payment methods and the casinos that accept them.
Click on any of the options below to learn more about a specific payment method, or keep reading to explore how casino payments work!
Payment Methods at UK Casinos
One of the most important things to consider when signing up at an online casino is the selection of payment methods available. That is why we always tell you about the payment methods and terms in our casino reviews, so you know what to expect at any given casino.
You will normally be met with a selection of different deposit methods. Some of them are well-known while others might be all new to you. Below, we’ve described a number of the most popular casino payment method options.
1. PayPal
PayPal is a popular e-wallet that can be used for online shopping and transfers, as well as online gambling. Due to the well-known brand name and ease of this option, many online casinos have chosen to offer this payment method for casino players. Even if you’ve never used PayPal before, it is very easy to sign up and get started. Everything is handled from your online account and transactions are normally processed instantly.
Learn more about PayPal and the best PayPal casinos
2. Pay by Phone
Pay by Phone is not so much a payment method as it is an umbrella of mobile payments through for example Boku or directly from your mobile billing. Put simply, it is the deposit method for any payments done via your mobile phone. You can deposit money from your British phone number, normally via an SMS code, but it is not possible to withdraw money back to your mobile bill.
Learn more about Pay by Phone and the best Pay by Phone casinos
3. Boku
Boku is a service provider for mobile payments. Depositing money is easy – all you need is a valid UK phone number. Casino banking is quick to complete directly from your phone, but the terms of this method are normally not the best. As an example, the maximum deposit limit is normally only £30 per day. In addition, you can not make withdrawals using Boku.
Learn more about Boku and the best Boku casinos
4. Trustly
Trustly is another popular online casino payment method. This payment option allows for direct bank transfers. It is not an e-wallet where you store your funds, but rather a solution that helps send funds from and to your bank account. You don’t need to create an account for Trustly – all you need is a supported bank account.
Learn more about Trustly and the best Trustly casinos
5. Debit Cards
Many players prefer to use debit cards such as Visa, Mastercard and Maestro for their casino deposits. The deposit will be taken directly from the account linked to your debit card, meaning you won’t have to sign up for an e-wallet or buy prepaid cards in order to start gambling.
All you need to do is create your casino account and you are set! Debit cards come with several advantages, but it is worth noting that transactions are sometimes slower than those of e-wallets. In addition, there might also be fees attached to debit card transactions.
6. Credit Cards
In the past, some players preferred using a credit card for online gambling and sports betting. But as of April 2020, credit cards are no longer accepted as a deposit method at online casinos. This is due to new regulations from the UK Gambling Commission, banning the use of gambling with credited money. It is still possible for British players to use credit debit- or prepaid Mastercard etc, but not any card where you play with a negative, credited balance.
7. Bank Transfer
Similar to credit/debit payments, it is also possible to make deposits and withdrawals directly from bank transfers. A bank transfer is normally linked to your card details, but it can also be from an online, cardless bank. In addition, if you choose to make deposits with a debit card, withdrawals will normally be performed as a bank transfer back to your account.
8. Wire Transfer
A wire transfer is the same as bank transfers discussed above, but it is important to keep note of as some casinos use the term “wire transfer” only. Directly linked to your bank account, the transfer is both swift and safe.
9. Prepaid Cards
Prepaid cards are great payment solutions for players who wish to stick to a really strict budget or keep in total control of their online gambling spending. A prepaid card such as Paysafecard can be bought online or at various outlets. You buy a card that has a unique code that you will input when depositing money. The balance will be added to your casino account and you can play for it until it runs out. You will then have to buy a new card to keep on playing for real money.
Note that it is not possible to withdraw money to prepaid cards. This means that you will need to choose from other online casino withdrawal methods to cash out your winnings.
Learn more about Paysafecard and the best Paysafecard casinos
10. MuchBetter
MuchBetter is a simple and secure way to manage your casino payments. With its easy-to-use mobile app, you can deposit and withdraw money in just a few taps. The service is fast, reliable, and designed with players in mind. Many UK casinos accept MuchBetter, making it a great option if you want a smooth and modern payment experience.
Learn more about MuchBetter and the best MuchBetter casinos
11. Neteller
Neteller is a trusted e-wallet that offers fast and secure transactions for online casino players. Widely accepted at UK casinos, it supports instant deposits and quick withdrawals, making it a convenient choice for managing your funds. With strong security features and multi-currency support, Neteller is a reliable payment method for both casual and frequent players.
Learn more about Neteller and the best Neteller casinos
12. Skrill
Skrill is a popular e-wallet among casino players for its speed and security. It allows for instant deposits and fast withdrawals while keeping your financial details private. With a user-friendly mobile app and support for multiple currencies, Skrill is widely accepted at UK online casinos and provides an efficient way to manage your gambling transactions.
Learn more about Skrill and the best Skrill casinos
Important Factors to Consider When Choosing a Casino Payment Method
Choosing the right casino payment method is an essential part of playing for real money online. While UK casinos typically offer a variety of options, it’s important to ensure the one you select suits your needs. Here are the key factors to keep in mind:
1. Security
Security should always be a top priority when selecting a payment method. Most reputable payment providers, such as major debit cards and trusted e-wallets, have robust security measures in place. However, if a casino lacks these options, it could be a red flag. Stick to casinos that are licensed by the UK Gambling Commission, as these ensure your personal and financial details are protected.
If you’re unsure, check reviews or choose a casino featured on Kabono, as we only list sites that meet strict security standards and offer the safest payment options.
2. Transaction Speed
Quick deposits and withdrawals make for a smoother gaming experience. Deposits are generally processed instantly, but withdrawals can take longer due to verification processes. A good benchmark is 1–3 days for withdrawals, including KYC (Know Your Customer) checks. Completing your KYC as soon as you sign up can speed things up when it’s time to cash out.
Read more about KYC further down.
3. Fees
Some payment methods come with fees, either from the provider or the casino itself, particularly for withdrawals. To avoid losing part of your winnings, choose a casino that doesn’t add unnecessary transaction fees. Always check the terms for transparency.
4. Minimum and Maximum Limits
Casinos and payment providers set deposit and withdrawal limits. These can vary widely, with some casinos requiring a minimum deposit of £20 or more or limiting withdrawal amounts per transaction. If you’re planning on cashing out large winnings or playing on a smaller budget, make sure the limits align with your preferences.
5. Bonus Terms
If you’re interested in claiming casino bonuses, check the bonus terms carefully. Some payment methods, such as e-wallets, may be excluded from promotions. Additionally, you’ll need to meet the minimum deposit requirements to qualify for a bonus.
By taking these factors into account, you can ensure a smooth and secure experience when managing your online casino payments. Always read the terms and conditions carefully to find the best option for your playing style and budget.
The Best Casino Payment Methods for UK Players
UK players have plenty of payment methods to choose from when playing at online casinos. The best option depends on your preferences and priorities. Here’s a quick look at the main choices:
- E-Wallets: Options like PayPal and Skrill offer fast withdrawals and strong security. However, they require setting up a separate account.
- Debit Cards: Convenient and directly linked to your bank account, debit cards are easy to use. Just remember, credit cards are no longer allowed for online gambling in the UK.
- Mobile Payments: Boku and similar pay-by-phone services let you deposit quickly using just your phone number.
- Cryptocurrencies: Bitcoin and other cryptocurrencies offer secure transactions but are less widely accepted by (licensed) UK casinos.
Each method has its pros and cons. E-wallets and mobile payments are great for speed and convenience, while debit cards are simple and familiar. Ultimately, the best payment method is the one that suits your needs and is offered by a licensed and trustworthy casino.
How to Complete Online Casino Payments
Making deposits and withdrawals at an online casino is straightforward once you’ve created an account and chosen your preferred payment method. Here’s a step-by-step guide to get you started with both.
How to Make a Deposit
Depositing funds into your casino account is quick and easy:
- Log in to your online casino account.
- Navigate to the ‘Cashier’ or ‘Banking’ section.
- Review the available deposit methods and select your preferred option.
- Enter the required payment details securely.
- Choose the amount you wish to deposit and confirm the transaction.
- Check if there are any deposit bonuses available and claim them if desired.
Deposits are usually processed instantly, allowing you to start playing for real money right away.
How to Make a Withdrawal
Withdrawals take a bit longer due to processing times but are just as simple to initiate:
- Log in to your online casino account.
- Go to the ‘Cashier’ or ‘Withdrawal’ section.
- Ensure you meet all requirements, such as minimum withdrawal amounts or completing wagering requirements for bonuses.
- Select your preferred withdrawal method—usually the same as your deposit method.
- Complete any required identity verification (KYC) if not already done.
- Submit your withdrawal request and wait for the funds to arrive, typically within 1–5 business days depending on the method.
Account Verification (KYC)
All legit casinos are licensed by a licensing authority. Online casinos that cater to UK players have to be approved and licenced by the UK Gambling Commission (UKGC). All the online casinos and sports betting sites listed at Kabono hold a UKGC license.
There are a number of criteria that the online casino has to fulfil in order to be approved for a license – and for keeping it. One of these things is KYC guidelines.
KYC guidelines require that the online casino is able to verify who their players are (know your customer). This includes confirmation of identity which is often checked by submitting a copy of your identity card or passport. In some cases, you might even have to submit a new photo of yourself as well. Some casinos also require proof of income and proof of residency from their players.
Proof of Income
This is usually done by submitting a recent copy of your payslip or bank statements showing that you can afford to play at the casino. The casino could also use this information to identify whether you are a risk, either for the casino or for your own personal finances. Read more about Responsible Gambling here.
Proof of Residency/Address
Sometimes the casino needs to be able to verify that you live where you say you live and that you are a resident of the UK. This is usually done by submitting a housing contract, such as a lease, or perhaps more commonly, a utility bill that has your name and address on it and is not older than 3 months. This will vary from casino to casino.
Verify Sooner Rather than Later
We know that this might sound like a lot of work, but it’s particularly annoying to go through an account verification process right after you’ve won a large sum of money and want to withdraw it. That is why we recommend that you go through the verification process as soon as possible, instead of waiting until you need to make a withdrawal.
Choose Safe Casinos
We would also like to urge you to pick one of the casinos on our site since we know that their processes are fair and fast, and none of them will make it unnecessarily difficult.
The reason why we mention this is that some casinos, drag out the verification process (when players want to make a withdrawal) on purpose. They do this because they hope that the player will get tired of waiting to withdraw their winnings, and instead just start gambling and eventually lose their winnings. This would save the casino money.
We do not condone this behaviour and strongly think that casinos doing this should be fined and have their license(s) revoked. But sadly, it does happen. This is why it is important for all players to only sign up and deposit money at a casino or sports betting site that is licensed and verified by a trusted third party (such as this website).
Key Takeaways
This guide has provided a detailed look at the best casino payment methods for UK players. From understanding the pros and cons of e-wallets, mobile payments, and debit cards to learning about security, fees, and bonus eligibility, you’re now equipped to make informed choices. With clear instructions for deposits and withdrawals, you can enjoy smooth and secure gaming at trusted online casinos.
Enjoy your welcome bonus and some real-money gambling, all while knowing your money is kept safe in your account! The casinos below use only trusted payment methods. Have a look!
Common Payment Terms & Their Meaning
To end this guide, we’ve compiled the most common terms used when talking about casino payment methods.
When it comes to payments, some words can be different but hold the same meaning, while other, similar words can mean the polar opposite to each other. So it is definitely easy to get confused! But no need to worry anymore, as we are here to make it all much clearer.
Keep reading as we uncover common payment terms used at online casinos and explain what they all mean. We have thrown in a mix of terms, payment methods and more to help you understand everything related to your real-money gambling.
A
- Apple Pay: A payment method accepted for deposits and withdrawals at some casinos. The method uses Apple Wallet, which is available on iOS devices. Check our guide all about Apple Pay casinos for more information.
B
- Bankroll: The amount of money you have in your account, that you use to play.
- Bank transfer: A payment option used to transfer funds between your personal bank account and the casino. Bank transfers can be done by adding your/the casino’s bank details directly. Some casinos also make use of third-party providers such as Trustly.
- Boku: A mobile payment method accepted for deposits at some casinos. The method is linked to your phone bill. Check our guide all about Boku casinos for more information.
C
- Cashier: This is the section in your casino account where you can see your balance and make payment actions. It is often called “cashier”, but can also be seen as “banking” or simply a direct button for “deposit/withdrawal” in the menu.
- Cashout: Another word for withdrawal, referring to the act of withdrawing money from your casino account to your payment method. This way, you can get back money you have previously deposited or get funds that you have won paid to your payment method.
- Credit card: A payment method previously accepted for deposits at some casinos. Since April 2020, credit cards are not legal to use as a payment method for UK players.
- Crypto: A category of digital currencies such as Bitcoin. Some casinos accept cryptocurrency as one of (or the only) currencies to choose from, or specific payment methods for crypto exchanges.
D
- Deposit: The act of adding money to your casino account. Money is transferred from your chosen payment method to your account balance. This makes it possible to gamble with real money.
- Debit card: A payment method accepted for deposits and withdrawals at most casinos. Cards such as Visa and Mastercard (debit) are widely used and accepted at many online casinos.
E
- E-wallet: A payment method category of electronic wallets. Players create an account and can then make deposits and withdrawals directly from/to that electronic wallet account. Payment methods such as Skrill, PayPal and Neteller fall into this category.
F
- Fast withdrawal: Some casinos advertise that they offer fast withdrawals/cashouts. This generally means that the transfer is processed instantly or at least within 24 hours. While the casino might be quick at processing the request, the actual transfer can take longer depending on the chosen payment method.
- Fee: Some casinos will add a fee to deposits and/or withdrawals. This can be anything from a set value of £1 or so per transaction to a percentage of the transfer. Some payment methods also add fees to certain transactions.
G
- Google Pay: A payment method accepted for deposits and withdrawals at some casinos. The method uses Google Wallet, available on Android devices.
K
- KYC: Short for “know your customer” – a process used to confirm a player’s identity to avoid money laundering etc. Following guidelines from the UKGC, the casino will ask you to submit proof of your identification. Normally you can make deposits, but not withdrawals, before completing the KYC process.
M
- Mastercard: A payments provider offering payment cards around the world. While Mastercard credit cards are no longer accepted for UK players, it is still possible to use prepaid/debit cards issued by Mastercard.
- Maximum deposit: A limit of the highest amount you can deposit into your casino account in one go. The limit might vary depending on different payment methods and other terms.
- Maximum withdrawal: A limit of the highest amount you can cash out from your casino account in one go. The limit might vary depending on different payment methods and other terms.
- Minimum deposit: A limit of the smallest amount you can deposit into your casino account in one go. Normally it is £10 or £20, but the limit might vary depending on different payment methods and other terms.
- Minimum withdrawal: A limit of the smallest amount you can cash out from your casino account in one go. The limit might vary depending on different payment methods and other terms.
N
- Neteller: An e-wallet payment method accepted for deposits and withdrawals at some casinos. The method uses your Neteller account to send money to/from the casino. Check our guide all about Neteller casinos for more information.
P
- Payment method: The overall term used for methods offered for deposits and withdrawals at a casino.
- Paypal: An e-wallet payment method accepted for deposits and withdrawals at some casinos. The method uses your PayPal account to send money to/from the casino. Check our guide all about PayPal casinos for more information.
- Paysafecard: A payment method accepted for deposits at some casinos. The method uses codes from a coupon to ensure anonymous payments of set amounts. Check our guide all about Paysafecard casinos for more information.
- Pay via phone: A category of payment methods that are all linked to your phone/mobile. Normally the methods can only be used for deposits. Money is then deposited from your phone bill. Check our guide all about Pay via phone casinos for more information.
- Processing time: The time spent by the casino to process a deposit or withdrawal. Deposits are normally processed automatically and instantly. As cashouts require more thorough checks, they therefore can take longer.
- Prepaid card: A payment method using codes from a coupon or card to pay a set amount. The most commonly accepted one is Paysafecard, but there are other alternatives out there too.
S
- Skrill: An e-wallet payment method accepted for deposits and withdrawals at some casinos. The method uses your electronic Skrill account to send money to/from the casino.
T
- Trustly: A payment method accepted for deposits and withdrawals at some casinos. The method works as a “middleman” that transfers funds from your bank account to the casino and back. Check our guide all about Trustly Casinos for more information.
W
- Withdrawal: The act of withdrawing money from your casino account. Money is transferred from your account balance to your chosen payment method. This makes it possible to get back money you have previously deposited or funds won at the casino.
- Wire transfer: Another word for bank transfer. A payment option that is used to transfer funds between your personal bank account and the casino.
Knowing the terms above, we hope that you will find it easier to complete payments at online casinos. To find the best casinos to play at, don’t forget to check our recommendations. We list the best casinos and sportsbooks for UK players in different categories. They all accept a variety of payment methods, so you can choose your favourite. Good luck!