Worldwide, the most favoured option for online casino transactions is the credit card, closely followed by debit cards. There is little between the two; debit cards work in the same way as credit cards but are always linked to a bank account. This enables users to access funds electronically directly from their bank account. Users, therefore, can only spend money that is available (including any overdraft facility attached) in their bank account.
Debit cards are generally the quickest and most convenient way for people to transfer money electronically, which makes them an excellent option to deposit and withdraw funds from a casino account. This is not to say that they are always the best option, online casinos tend to offer multiple payment method options, and the best comes down to individual preferences and circumstances. But since it is invariably the best, and possibly only, option for many, all legitimate and trustworthy casinos provide players with the ability to deposit and withdraw money directly from their bank account using a debit card.
The most popular debit card options are undoubtedly the big two of Visa and MasterCard. However, there are many other options available, and most casinos will provide one or more of these alternative options. In this article, we consider other debit card options supported by most reputable online casinos, namely Visa Electron, Maestro and Delta card.
Visa Electron is a debit card offered by financial service provider Visa Inc. The service is available in many countries around the globe. It started operations in 1985. Payments using this cards are possible at online and ATM terminals showing the logo of Visa Electro. Many online casinos offer Visa Electron as means of payment. The significant difference between Visa card and Visa Electron is that payments made with an Electron card get charged directly to your bank account.
A Visa Electro card does not give users the capacity to overdraw in their bank account unless this facility has been granted by your bank. When making a transaction using Visa Electron, the provider will find out if you have enough funds for payment. You might not be able to get an overdraft depending on your bank policies.
Maestro is a debit card service which commenced operations in 1992, which is run and managed by MasterCard. Users of this particular debit card are given the reassurance that access to their bank funds electronically is governed by a financial service company with a vast amount of experience in the industry and a solid reputation. You can get a Maestro debit card from numerous financial institutions around the globe in more than 100 countries. Unlike a credit card, you can not spend what you don’t have.
This makes it a good option for usage for a gambling budget as users can better control the funds they spend.
Delta is another popular debit card option supported by many online casinos and gaming establishments. There is little difference between the various debit cards on the global market, they all do the same thing, and delta card offers the same service and service features you will get from the likes of Visa Electron and Maestro.
The card you end up with largely depends on the service offered by your bank and where the bank is located. Delta card is only available from Banks based in the UK. With that said, Delta card is as good as those mentioned above and equally as popular. For this reason, it is equally well supported by the online casino’s, especially online casinos, sportsbooks, and gaming establishments that cater for British gamblers.
Playing at casinos that accept payment methods as Maestro and Delta come with plenty of benefits.
When you use a Debit card as your preferred payment method at an online casino, players benefit a high degree of security and reassurance. Not only is the transaction secure, but it is also verifiable, meaning it is acknowledged the moment the transaction is processed.
Most players do not want to wait for hours or days for funds to clear. Unfortunately, many casino payment methods have this limitation. This is not the case when using a debit card. Because the funds come straight from your bank account, they clear instantly. Arguably, the most significant benefit to using a debit card at the online casino is because it will enable the player to make an instant deposit and play real money casino games immediately.
Not all casino payment methods allow players to withdraw casino funds using the same way used to deposit funds. Debit cards are in fact one of the few methods available that do. This makes it very convenient to use. No messing around trying to arrange a way of collecting that big jackpot you have just won, simply withdraw funds directly to your bank account for immediate access once the funds have cleared.
Debit cards don’t allow you overspend. Playing in casinos that accept these cards will ensure you do not spend beyond your means. You are limited to only what you have in your account. Understandably, this type of control helps players who may on occasion be prone to getting carried away when playing at the casino.
There are generally transaction limits attached to a debit card that restrict the amount of money that can be spent in a day. Most people notice these restrictions when it comes to withdrawing cash, most debit cards, for example, will not permit account holders to withdraw more than £300 in cash from the ATM per day. Also, you are limited by what you have in the bank account. Most players might see this as a positive, but it may not be a good option for high rollers who may consider the use of a credit card to be the better option.
Lack of Privacy
When a debit card is used to debit or credit a casino account, you are vulnerable to exposing your account details to unscrupulous operators. It is therefore vital that if a debit card is the preferred option to use with a casino account that you are entirely confident that the casino is an honest and trustworthy operator with an excellent reputation