For U.S. citizens, the Internet Gambling Prohibition and Enforcement Act (H.R. 4411) has made it prohibitive to use certain types of payment methods (such as credit cards) to fund transactions for online gaming. As a result, some banks have a policy to refuse payments for online gaming transactions using credit cards. This bill does not make online gaming or gambling illegal for USA players.
Credit, debit or prepaid cards, such as VISA, MasterCard, Discover, AMEX, DinersClub, etc., are the main types of payment methods when it comes to depositing funds to your online casino account. Therefore, they should allow you to use your credit, debit or prepaid card to fund your online casino account, with a 100% success rate. Some online casinos may accept one brand of card (such as VISA), but not the other brand (such as Discover). You need to check with the online casino before funding your account to see which brand(s) they accept.
Types of Payment Methods continued…
If your credit, debit or prepaid card (VISA, MasterCard, Discover, AMEX, DinersClub, etc.) is rejected or denied when you try to deposit funds, it is recommended that you use one of the following alternate deposit payment methods: Bitcoin, MoneyGram, UnionPay, FedEx, Western Union and Bank Wire are fast, secure online alternative payment methods, and may reward you with extra bonuses.Bitcoin is a digital currency or cryptocurrency, which operates free of any central control or the oversight of banks or governments. Instead, it relies on peer-to-peer software and cryptography. Cryptocurrencies are a relatively new way of making online payments that promise fast and secure transactions. In the past few years, there has been an increase in the number of bitcoin gambling sites. The most common of these is bitcoin. Other types of payment methods of cryptocurrency or digital coins are Litecoin, Ethereum, Dogecoin, Monero, and Dash. MoneyGram is very similar to Western Union in how it works. You purchase a MoneyGram in the amount that you would like to deposit from a MoneyGram retailer. Then, you will transfer the money to the casino site at which you would like to play. First, you need to contact the casino site before you transfer the cash, because the recipient information will not usually be in the name of the casino site itself. UnionPay is a deposit method that players from the United States are able to use. It is a prepaid card that can be purchased with a Visa or Mastercard, by contacting the cashier from an online casino, and then applied to an online casino account to fund and begin playing for money. Because UnionPay prepaid card is international, it gives USA players the chance to deposit funds like a credit card. FedEx You can overnight deposit or withdraw via Federal Express. Many casino sites accept cashier’s checks and bank drafts. When you deposit funds, be sure to include your account number or player ID. Please allow 3 to 5 business days once they receive your check for the funds to be verified. FedEx charges the sender when a package is sent. When sending more than $300 US dollars, FedEx will usually reimburse the courier charges to your casino account. When you withdraw funds, you will receive a bank check/draft delivered to your door via Federal Express or DHL. The package is received within 1 to 3 business days. For same day processing, be sure to make your request before 11:00am EST Monday through Friday. A flat rate charge will apply to most locations regardless of amount. Saturday delivery is available for an additional amount. Western Union allows you to send money in minutes, the next day or directly to a bank account, online or from one of 245,000 Western Union Agent locations worldwide. Use cash, a credit card, or a debit card. Before making a deposit, contact the online casino site for details. Most of the casino sites will pay Western Union transfer fees for you. For withdrawals, your winnings are paid promptly. You can access them at the nearest Western Union office. Wire transfer is still one of the lesser known methods for depositing money at online casinos. USA players can withdraw or deposit money into their casino account via wire transfer. Contact the online casino site for instructions as these may vary. It usually takes 2-5 business days to credit your account after processing time. These types of payment methods and alternative payment methods will increase your chances of being successful at online gambling. The key is to select a payment method that is safe, secure, and suitable to meet your needs.