Most Popular Payment Methods for Online Gambling in Australia

The Most Popular Payment Methods for Online Gambling in Australia

Playing your favourite casino games at the top-notch online casinos in Australia is exciting, mainly due to the possibility of real money wins. To bet with your preferred currency, the security and promptness of payment methods matter a lot. These go a long way to provide a seamless gaming experience for the players.

Here are some of the most popular and commonly-used payment modes at Australian online casinos you should know about.

Factors to Consider While Choosing a Payment Method

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With more casinos extending a range of betting products to players from Australia with ever-new advancements in online casino software, the need for reliable payment modes cannot be stressed enough. Thankfully, Australian gamblers can access various reliable payment options to gamble break-free to their heart’s content.

Regardless of the method you choose to deposit, you should only register at licensed and regulated online casinos. Also, monitor your casino account and transaction history frequently for any suspicious activity. With an ideal payment method, you can enjoy real-money online gambling at your favourite Australian site, ensuring the safety of your hard-earned money.

1. Credit and Debit Cards

Many gamers prefer to make their casino deposits with credit or debit cards. Transacting via cards is often considered a preferable payment method for its convenience. While you can easily make deposits through debit/credit cards, withdrawing money with a credit card is generally not allowed at Australian casinos.

Popular card options that are accepted across Australian gambling sites include:

  • VISA
  • MasterCard
  • Maestro
  • American Express

2. Regular Bank Transfers and Payment Intermediaries

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Payment via bank transfers appeals to many players due to their familiarity. This deposit mode lets players transfer funds directly from their bank account into their casino account. Being a frequently used payment option, Aussies can easily find casino platforms where they can use the bank transfer option.

Besides a traditional bank transfer, many casinos facilitate third-party payment intermediaries to conduct transactions. These are often preferred over conventional transfers as customers do not need to share their banking details directly on a gambling site when transacting. You can also transact through them by downloading a third-party app. The most popular payment intermediaries include:

  • Poli
  • Entropay
  • Trustly

Poli is an exclusive Australian online payment method, that is accepted at most top-rated casinos. Entropay facilitates bank transfers with a virtual VISA card, while Trustly and Instadebit allow customers to transact directly through their bank accounts.

3. Prepaid Cards

Prepaid cards are e-vouchers that players can buy from retail counters or online. It is a reliable and easy way of funding your casino account with the 16-digit code printed on it. Players need to enter this code to deposit at the casino.

This payment method doesn’t require you to set up an account or share personal data, ensuring complete anonymity to the transaction. Popular prepaid card options open at online casinos in Australia include:

  • Neosurf
  • Paysafecard
  • UPay Card

Cards like Upay are reloadable and can be used to make payments whenever you like. However, players cannot withdraw money from the casino site with a prepaid card.

4. Digital Wallets

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E-wallets or digital wallet payment modes are widely available across Australian gaming sites. The best thing about this popular banking option is that there are multiple e-wallets in the market accepted by gambling sites, including:

  • PayPal
  • Neteller
  • EcoPayz
  • SticPay
  • Skrill

An e-wallet account can be created by signing up on the website or app. You can also top up your e-wallet with a card or virtual bank transfer. This mode of transaction is excellent for players due to instant, highly secured payments and versatility. However, players might be restricted to some casino bonuses with e-wallets as users tend to abuse them with the instant withdrawals they offer.

5. Mobile Wallets

Akin to digital wallets are mobile wallets that are easy to operate and instantly top up your casino account. Accessible at your fingertips, these are linked to your mobile devices. Mobile wallets only need your phone number or email to process the transaction. You feed in the amount you want to transfer and enter your mobile wallet pin to complete the transaction.

Some mobile wallets can be directly linked to your regular bank account. Popular mobile wallets featured at Australian casinos include:

  • Apple Pay (for iOS users)
  • Google Pay (for Android users)
  • Bpay
  • Revolut

6. Cryptocurrencies

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Aside from fiat currency payments, Australian casinos have witnessed a surge in cryptocurrency usage. These payments are fast, secure and completely anonymous. These are backed by strong Blockchain technology, which makes these transactions foolproof. Most top-rated Australian betting sites accept deposits and withdrawals in:

  • Bitcoin
  • Litecoin
  • Ethereum
  • Tether
  • Bitcoin Cash
  • Dogecoin

The primary benefit of transacting with cryptocurrencies is the possibility of making bigger bets than in fiat currency. Most fiat currency payment options have restrictive deposit and withdrawal limits. At the same time, cryptocurrencies are quite volatile, which makes players vulnerable to losses.