Online Casino Payment Methods
In order to play for real money at a casino, you need to choose from available online casino payment methods to handle your casino deposits and withdrawals.
Adding your banking information is normally a quick process when signing up at an online casino – but choosing your payment method can sometimes feel overwhelming as there are so many options available.
In order to help you, we’ve created some payment method guides that explain some of the most popular casino payment methods – and highlight casino brands that accept them.
Click on any of the names below to learn more about that specific payment method. Or keep reading to learn more about different online casino payment methods and 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.
At online casinos, you will normally be met with a selection of different deposit methods offered. Some of them are well-known while others might be all new to you. We’ve described a number of the most popular casino payment method options below.
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 to an e-wallet or buy prepaid cards in order to start gambling. All you need to do is to 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 brick and mortar 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, obviously, 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
Be aware that some casino deposit methods are often excluded from online casino bonuses. Skrill and Neteller are commonly included in such terms.
Important Factors when Choosing a Payment Method
As you can see above, there are many payment options to choose from when making a casino deposit or withdrawal. Any UK casino should offer a variety of options available for players, and it is up to you to choose which option is best for you.
When choosing your payment method, there are mainly two things to take into account:
1. Security
Most of the payment methods out there are relatively safe. However, you should be careful if you join a casino that does not offer major debit cards and e-wallets. This could mean that they have trouble getting approved and verified by the major payment providers (who have many security measures in place). This is a big red flag.
You should only sign up to casinos and deposit methods where you can guarantee that your financial information is kept safe. Security is very important in general when gambling online, but especially when you are depositing and playing for real money.
If you join a casino that you read about here at Kabono, you can trust that the casino only offers the safest online payment methods for casinos. We only list casinos licensed by the United Kingdom Gambling Commission, which ensures security for your money and personal details.
2. Transaction Speed
The second most important thing to look out for when selecting a payment method is how fast they handle transactions. Most importantly is how fast they process withdrawals.
Almost all payment methods handle deposit requests instantly. That’s because the casino is not required to perform a so-called KYC (know your customer) check before a deposit. However, when it comes to withdrawals, it can sometimes be a bit trickier. We think that 1-3 days for a withdrawal, including KYC, is fair. Any longer than this, and you should either look for a new casino or a new provider – or perhaps both.
Our top tip is to complete your KYC right away when signing up at an online casino. That way, you can get fast withdrawals when you are ready to cash out your winnings.
Learn more about KYC and verification further down in the article.
The Best Online Casino Payment Methods for UK Players
Some of the best online casino payment methods for UK players include e-wallets, mobile payment, regular debit card payments, and even cryptocurrency. Most online casinos will offer a variety of different payment methods to choose from. Which is the best choice for you will depend on your preference.
Using an electronic payment will normally result in quicker withdrawals and high security, but at the same time, it means you will have to open yet another account somewhere. With card payments, you can simply use the debit card you already have and use – directly linked to your bank account. Just remember that you can no longer make payments through a credit card at UK online casinos.
By clicking on the different buttons and guides at the top of this page, you can learn more about some of the payment options commonly found at online casinos – and see which of our top online casinos currently offer them.
Things to Check with Online Casino Payment Options
Even though many online casinos offer the exact same payment options, their payment terms might not be the same. Therefore, it is very important to read the details before choosing your casino and payment method. You should always check the following:
1. Fees
Some casino payment methods come with fees from the actual provider. But sometimes casino sites might also add their own fees. This is especially common for withdrawals. In order to note lose part of your winnings as cashout fees, it is important to sign up to a casino that doesn’t add any fees on transactions.
2. Minimum and maximum limits
Every online casino will have a minimum and maximum limit on how much money you can deposit and withdraw in one transaction. Sometimes they might also have daily or monthly limits. These limits can vary depending on your chosen payment method.
Some casinos accept low minimum deposits while others require a minimum of £20 or more. On the other hand, some casinos only allow for small withdrawal amounts per transaction. This means that it could take a long time to cash out large winnings. It is important that you choose a casino and payment method that fits your budget and playing style.
3. Bonus terms
In addition to general payment terms, all casinos have specific bonus terms and conditions. This is where you can find information such as the minimum deposit required to get a bonus and if any payment methods are excluded from bonuses. If you wish to opt in for bonuses, it is important to read these terms before choosing your payment method.
How to Complete Online Casino Payments
Once you have created a casino account and chosen your preferred casino payment method, you can start making deposits and withdrawals. This will allow you to play for real money, take advantage of casino bonuses, and get your casino winnings paid out.
How to Make an Online Casino Deposit
Making your first deposit at an online casino is quick and easy:
- Register at and log in to your online casino account
- Head to the ‘Cashier’ section (or similar)
- See which casino deposit methods are available and pick your preferred one
- Enter all the necessary information related to your payment method
- Choose your deposit amount and confirm the payment
- Don’t forget to take advantage of bonuses related to deposits
How to Make a Casino Withdrawal
Withdrawals will generally take longer to process than deposits, but are still quick and easy to complete:
- Log in to your online casino account
- Head to the ‘Cashier’ section (or similar)
- Ensure that you have a balance to withdraw from and that any potential terms are met. This includes for example wagering requirements
- Request a withdrawal. If possible, this will automatically be done to the same payment method as used for your deposit
- If you haven’t already done so, you will need to confirm your identity (KYC)
- Wait for the money to make its way to your bank or e-wallet account. This will normally take 1-5 business days, depending on the chosen payment 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 to see 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, and 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.
Stay Away from these Guys …
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 (not gonna mention names, we do not recommend them), drags 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 to and deposit money at a casino or sports betting site that has lots of popular payment options available.
The popular options such as e-wallet, debit card and bank transfer as mentioned above ensure a safe transfer of your money. If you only see unknown payment methods offered, try another website. And if you find any “UK casino” that is still accepting credit cards as a deposit option, please don’t sign up to these sites as they are clearly not following the gambling guidelines given.
… And Check These Trustworthy Casinos!
After learning more about the large number of payment methods available at online casino sites, we hope that you are ready to start playing for real money. Simply browser our recommended casino sites, create a casino account and complete your first deposit. You can enjoy many games from your deposited money, for example, online slots, live dealer games or even sports betting.
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
When gambling for real money online, there are a lot of payment terms to get used to. Here we don’t just mean the terms & conditions attached to bonuses and real money play, but the actual terminology used by the casinos.
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 in this payment terms guide.
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, 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!