gambling in Las Vegas

What Is An Online Casino Bank Wallet?

A casino bank wallet, often known as an EWallet, is a digital way to manage and move your money and make online payments. EWallets can be used for all types of online purchases, although today, we’ll be looking at it from the context of online gambling.

Unlike traditional banking methods, EWallets are designed for the digital age, offering quick and secure transactions. They act as a middleman between your bank account and the casino, ensuring that your banking details are not directly shared with the casino site.

This not only adds a layer of security but also makes transactions smoother and faster. When you use an EWallet, you can deposit money into your casino account and withdraw winnings with ease. The process is streamlined, reducing the hassle of entering card details or waiting for bank transfers.

One footnote concerning Neteller and other eWallets. When you deposit and withdraw into your eWallet account, any currency conversion rates (FX) are subject to the rate applied by the eWallet. Thus, I would suggest that you open casino accounts in the same currency as your eWallet account to avoid subjecting yourself to these. VIPs at Neteller are offered Multi Currency accounts – effectively you can have a second Neteller account in a different currency.

Most seasoned players sign up to an “eBanking” service, commonly referred to as an “eWallet”. While not all support gambling activities, there are a number of recognised eBank services that do. The most popular one is Neteller which is almost exclusively used for gambling. Behind this, both Skrill and ecoPayz are widely available, making it easy for you to transfer funds to the casino sites you play at.

Also worthy of a mention is PayPal who have started to re-emerge in the online gambling sector for players in countries where online gambling is legal. It will depend on the casino though – tends to be the UK bookmakers and bigger brands that offer the PayPal option.

If you’re wondering about what type of E Wallet account you need to begin playing at online casinos, or simply want to learn more about what these casino bank wallets are, and how they work – keep reading. This page is going to give you an in-depth and comprehensive look at exactly what E Wallets are!

Different E Wallet Account Platforms

When it comes to EWallets, there are several options each with its unique features. Some are widely accepted at a majority of online casinos, while others might be more niche. Some are available to users in all countries, while others are designed to be used by players in a few select countries only. Each EWallet varies in terms of transaction speed, security measures, and user interface.

Below, we will look at some of the main different EWallets, showing you which you can use for your casino visits, what kind of processing times and fees to expect, and how to sign-up. Understanding all of this will help you choose the right EWallet for your specific online gambling needs.


PayPal is one of the most widely-used digital wallets, allowing users to make quick, secure purchases and send money to others. Since its creation back in 1998, PayPal has become a leader in the fintech industry with over 400 million active accounts globally. It’s one of the most popular EWallets at online casinos thanks to its speed, efficiency, ease of use, and lack of fees – although, unfortunately, it’s not nearly as widely accepted as some of the other EWallets we’ll cover today.

Now, PayPal offers a wide variety of benefits, far surpassing what you’d need at an online casino. For example, you can connect bank accounts and debit/credit cards to your PayPal account for easy online checkout and money transfers, and it’s very easy to move funds between your bank account and your PayPal account – and, in most countries where the EWallet operates, these transfers are not just free, but instant, too. At the time of writing, PayPal supports around 30 currencies.

PayPal also facilitates international commerce by enabling payments between users in different countries. With strong security measures like 2-factor authentication and encryption, PayPal aims to provide peace of mind against fraud and data breaches. The user-friendly interface and wide acceptance make PayPal a popular choice for managing finances online.

How To Sign-Up

Signing up for PayPal is a straightforward process. First, you need to create a PayPal account, which involves providing some basic personal information and linking your bank account or credit card.

Once your account is set up, you can easily select PayPal as your payment method at your preferred online casino. Just enter the amount you wish to deposit, and the funds will be transferred instantly to your casino account. The simplicity and speed of this process make PayPal an incredibly popular choice with online gamblers.

Fees, Processing Times, and Verification

While most online casinos do not charge fees for PayPal transactions, PayPal itself may charge fees for specific types of transactions. For instance, withdrawals to a debit card come with a 1.50% fee, but bank account withdrawals are free.

The processing times for deposits are typically instant, and withdrawals can be as fast as a few minutes to a maximum of 24 hours, though this depends on the casino’s internal processing times.

However, unlike some of the other EWallet providers we’ll cover today, PayPal operates in some of the strictest financial markets in the world. Subsequently, they’re held to very high standards when it comes to regulation – and this means they take “Know Your Customer” checks pretty seriously. Expect to be asked to provide ID, proof of address, and, for the first couple of months after you sign-up, the possibly for random verification checks, too.


Skrill is a renowned digital wallet provider, highly regarded in the online gambling scene. Established in 2001, it’s become a staple for fast and secure online transactions, especially in the world of online casinos. What sets Skrill apart is its specialized services tailored for the online gambling community, and perhaps most importantly, it’s availability; you’ll find it offered at pretty much every online casino in the world!

While Skrill has come under fire for its high fees, it’s still seen as the most gambler-friendly payment method. Once you have a Skrill account you can easily manage your funds, transfer money to and from your online casino account, and keep track of your transactions all in one place. Skrill’s worldwide presence also means you can transact in multiple currencies, a significant advantage for players engaging in international online gambling platforms.

A somewhat new feature for Skrill is its mobile app. This allows you to now make payments, top-up your account and check your balance you’re your iOS or Android device.

How To Sign-Up

Signing up for Skrill is a simple and straightforward process. First, you’ll need to visit the Skrill website and click on the ‘Register’ button. Here, you’ll be prompted to provide basic personal information such as your name, address, and email address. After filling in these details, Skrill will send you a confirmation email. Click on the link in this email to activate your account.

Once your account is activated, the next step is to add funds to your Skrill wallet. You can do this using various methods like bank transfers, credit cards, or other local payment options, depending on your country of residence. With your Skrill wallet funded, you are ready to start using it for your online gambling adventures!

Fees, Processing Times, and Verification

When it comes to fees, Skrill is pretty transparent – although their fees have increased quite a lot in recent years. While creating an account and receiving money into your Skrill wallet is generally free, there are often fees for and withdrawing money to your bank account or card. These fees vary depending on the method you choose and your country – but they can be quite high, often reaching up to 5%.

Thankfully, when it comes to processing fees, Skrill does an excellent job. Deposits to online casinos are instant, and withdrawals too – although this doesn’t factor in the amount of time that it takes for an online casino to actually process your withdrawal and send the cash. When you withdraw money from your Skrill wallet to your bank, it’s usually instant in countries like the UK, where Faster Payments works – but other countries may have time frames of up to 72 hours.

Regarding verification; Skrill adheres to strict verification procedures to ensure user safety and compliance with regulatory standards. This process, known as Skrill Verification, involves verifying your identity and address. You’ll need to provide documents like a government-issued ID and a utility bill or bank statement. Periodic checks may also be needed, especially if you’re depositing/withdrawing large sums of money.


Launched in Canada in 1999, Neteller is a digital wallet and prepaid debit card solution used by over 20 million members around the world. Like Skrill, it’s built a name for itself as gambler-friendly, and it’s also offered at most online casinos. It allows users to deposit, withdraw, and transfer money to make online purchases and money transfers securely without continually inputting sensitive bank information.

Neteller supports 26 currencies and 16 languages to cater to an international customer base. Users can apply for a free multi-currency Neteller prepaid Mastercard to spend their balance anywhere Mastercard is accepted and even withdraw cash from ATMs.

An intuitive dashboard neatly organizes account activity summaries, transaction details, bank/card information, account settings, and security features like locked withdrawals and two-step login. Neteller is predominantly used for deposits and withdrawals from online casinos, as, unlike PayPal, it hasn’t really caught on in other industries.

However, it is now used at a number of forex and crypto sites too, as it offers some of lowest fees for currency exchange and money transfers. This is made possible due to the way that Neteller works; it processes payments internally, where possible, similarly to Wise (formally TransferWise.)

How To Sign-Up

Neteller is also very easy to join – something you’ll find to be the case with most EWallet providers. To sign up, go to Neteller’s website and click on ‘Join for free’. You’ll be asked to provide your email, create a password, and fill in some personal details such as name, address, and date of birth.

After this, verify your email. Link a funding source to your Neteller account to make transactions and, lastly, verify your identity by submitting documents like a government-issued ID and proof of address.

Fees, Processing Times, and Verification

Regarding Neteller’s fees, processing times, and verification checks, be aware that fees are applied to various transactions. For deposits, an “upload fee” of 2.5% is applied if the deposit is less than $20,000 USD, while deposits of $20,000 USD or higher are free of charge.

Withdrawal options have varying fees: bank transfers cost $10 USD, member wires cost $12.75, and money transfers to other Neteller users incur a 2.99% fee with a minimum of $0.50. Additionally, withdrawing to a Skrill account costs 3.49%. For currency conversions, the standard fee is 3.99%, but this can be lower for VIP members

Processing times are quick, with instant casino deposits and withdrawal times ranging from a few hours to a couple of days. However, again, the actual processing time depends on the casino you use.

Neteller also requires all of its users to verify their accounts. Verifying your Neteller account is a straightforward process and can be completed in under 5 minutes thankfully, as the EWallet uses automated verification software where possible.

To verify your Neteller account you’ll need to log into your account, follow the prompts for verification, and provide a National ID Card/Driving License and a utility bill issued within the last 90 days. If you prefer not to upload documents, the Neteller app also offers a convenient way to verify your identity using your smartphone camera.

ecoPayz: Begin Playing Casino Games Quickly!

EcoPayz is another popular EWallet choice for online gambling, offering a secure and user-friendly way to manage your funds. Launched in 2000, ecoPayz has grown into a reliable payment solution, widely accepted at numerous online casinos. It’s known for its ease of use, high security protocols, and fast deposits/withdrawals.

The journey of ecoPayz started back in the year 2000 when it was known as EcoCard. It was created to offer a secure and efficient online payment solution, and over time, EcoCard evolved and expanded its services. In 2008, it transformed into ecoPayz, broadening its reach and enhancing its features.

ecoPayz has gained popularity in the online gambling world due to its security measures and user-friendly interface. Many online casinos and betting sites now accept ecoPayz, and it’s almost on the same level as Skrill and Neteller in terms of popularity and availability.

How To Sign-Up

Signing up for ecoPayz is straightforward. First, head to the ecoPayz website and click on the ‘Sign Up’ button. You’ll need to provide some basic information like your name, address, and email. Once you’ve filled out these details, ecoPayz will send you an email to verify your account. Click on the link in the email, and you’re almost set.

Next, you’ll need to complete your profile by providing additional information and setting up your account security. Choose a strong password and a security question for added protection. After these steps, your ecoPayz account is ready to use. You can now fund it using various methods like bank transfers, credit cards, or other local payment options, depending on your location.

Fees, Processing Times, and Verification

EcoPayz charges fees for certain transactions, like depositing funds into your account or withdrawing money to your bank. These fees vary depending on the method used and your account type. However, transferring funds to and from online casinos is usually free.

Regarding processing times, ecoPayz generally does a pretty decent job. Deposits to casino accounts are instant, meaning you can start playing your favorite games right away. Withdrawals can take a bit longer, typically within 24-48 hours, depending on the casino’s processing times.

Lastly, ecoPayz requires KYC (Know Your Customer) verification for higher transaction limits and to comply with financial regulations. This process involves submitting documents like a photo ID and proof of address. While it might seem like a hassle, it’s usually only required once, unless you’re sending/receiving significant amounts.

iDebit: Ideal If You Have a Canadian Bank Account

iDebit, established in 2012, is an increasingly popular fintech solution, especially in the Canadian online gaming market. It’s known for its ease of use and enhanced security compared to traditional credit cards and bank transfers. iDebit’s strength lies in its integration with online banking, allowing users to make secure, real-time payments without a credit card.

This makes it a great choice for online casino players who need a quick, cost-effective, and secure way to fund their accounts and withdraw winnings. However, iDebit’s availability is limited to Canada and is supported by only a select few banks, which means it’s not anywhere near as widely available as other payment methods covered today like Skrill, or Neteller.

How To Sign-Up

Signing up for an iDebit account is straightforward and secure. You can start by visiting the iDebit website, where you’ll be prompted to enter personal details such as your name, date of birth, email, phone number, and the last four digits of your Social Insurance Number (SIN). This information is used to verify your identity and prevent fraud.

After entering your basic credentials, you’ll authenticate the process with a code sent to your phone, linking your bank account to iDebit. Users have the option to either create an account or use iDebit as a guest by logging in with their bank credentials at the time of the transaction.

Creating an account can help eliminate some transaction fees and offers the ease of managing transactions directly from your iDebit balance. You can now use iDebit from your mobile device, too, and this offers easy access to your account, letting your make deposits, transfer funds, and even edit your bank account information ‘on the move.’

Fees, Processing Times, and Verification

iDebit’s fee structure includes a C$1.50 charge for transfers directly from your bank account when logging in as a guest. Creating an iDebit account is free, and so are payments made from your iDebit balance. Additionally, withdrawing to your iDebit account is also free. This means that iDebit actually does a better job when compared to the EWallets we’ve looked at so far, when it comes to fees.

For deposits, you can either pay directly from your iDebit balance or as a guest using your bank credentials. Withdrawals are simple too; you can transfer your winnings to your iDebit account and then use them to pay for services or withdraw to your bank account.

However, again, don’t forget that iDebit is currently only available in Canada and supports a limited number of banks, which means if you don’t already know it exists – it’s unlikely to be of use for you.


As an alternative to sharing financial details with every website, Click2Pay is a free online wallet founded in 2000 to facilitate eCommerce and money transfers. While it’s nowhere near as popular as the other EWallets we’ve covered so far, Click2Pay has a small niche – and it’s actually pretty easy to use.

Launched initially in Germany, Click2Pay has since expanded its user base to over 190 countries, including the United States. Click2Pay casinos are widespread, especially in Europe and the U.S., offering players a reliable option for both depositing and withdrawing funds. The fact that the EWallet is available at US-focused online casino sites makes it particularly appealing to players.

How To Sign-Up

Creating a Click2Pay account is surprisingly easy and user-friendly. Go to the Click2Pay website and click on the registration button. You’ll need to provide an email, set a password, and fill in your personal information like your full name, address, and phone number.

After this, verify your email address. The next step is linking a payment method to your Click2Pay account. Complete the verification of your identity by providing a valid ID and a recent utility bill or bank statement.

Fees, Processing Times, and Verification

Regarding fees and processing times, Click2Pay’s charges depend on the method used for funding the account. For credit card deposits, a 3% fee is charged, while bank wire transfers may involve fees from the bank’s end. Withdrawals from the Click2Pay account to a bank account incur a fee of 2.9%, and paper checks have a flat fee of $20. Additionally, Click2Pay offers a debit card option for a $10 setup fee.

As always, deposits and withdrawals made through Click2Pay are fast – but ultimately, it comes down to the casino you play at as for exact processing speeds.

Pros of EWallets for Online Casino Use

EWallets have become a popular choice for online casino enthusiasts, and there are several reasons for this. Firstly, they offer enhanced security. When you use an EWallet, your sensitive financial information is not shared directly with the casino. Instead, EWallets use advanced encryption and security measures to protect your data, reducing the risk of fraud and identity theft.

Speed and convenience are other significant benefits. Deposits made through EWallets are usually instant, allowing players to start playing their favorite games without delay. This immediacy is particularly beneficial for those who appreciate the fast-paced nature of online gambling. Additionally, EWallets are usually user-friendly, often requiring just a few clicks or taps to complete a transaction.

Another advantage is better control over gambling funds. EWallets allow you to store a specific amount of money away from your main bank account, making it easier to manage your gaming budget and avoid overspending. This can be a crucial tool for responsible gambling.

Finally, EWallets are widely accepted at most online casinos, something that can’t be said for most other non-debit/credit card or bank-based payment methods.

Cons of EWallets for Online Casino Use

Despite their advantages, EWallets do have some drawbacks. One core concern is the fees associated with their use. While signing up for an EWallet is typically free, transaction fees can be higher compared to other payment methods. These fees might be charged for depositing funds into the EWallet or withdrawing winnings back to your bank account.

Another potential downside is the initial setup and verification process. Most EWallets require a detailed verification of your identity, which can be time-consuming. This process, while crucial for regulatory reasons, can be a hassle. However, it’s worth noting that in most cases once you’ve verified an EWallet account, you generally won’t need to do so again – at least not for a while.

Additionally, some online casinos exclude EWallet deposits from welcome bonuses and other promotions. This limitation can be frustrating for players who prefer using EWallets but also want to take advantage of casino bonuses. The reason for this is fraud-based. In the past, bonus abusers were able to easily create multiple EWallet accounts and claim casino bonuses more than once. Once the online gambling sites started to cotton on, they simply banned EWallets from their bonuses.

Alternatives to EWallets: An Introduction

In the world of online gambling, payment methods play a key role in a player’s overall experience. While EWallets have carved out a significant niche due to their convenience and security, they are not the only option available to gamers. In the section below, we will explore some of the alternatives to EWallets – looking at some of the most popular and common payment methods, and discussing the pros and cons of each.

Debit/Credit Cards in Online Casinos

Debit and credit cards remain among the most popular payment methods in online casinos, offering a blend of familiarity and reliability. These cards, linked directly to your bank account or credit provider, provide a straightforward way of depositing funds into your casino account.

The process of using debit or credit cards is typically hassle-free, and you usually just need to enter card details and the amount you wish to deposit. This ease of use, and the fact that pretty much everyone has a bank card, means they’re still, by far, the most popular way of depositing and withdrawing at online casinos today.

One of the main advantages of using debit or credit cards is the widespread acceptance by online casinos. Most, if not all, online gambling platforms accept major card brands like Visa and MasterCard. This universal acceptance ensures you can use your card no matter which online casino you choose to play at.

However, while debit cards are readily available in all countries, credit cards are not. Some online gambling regulators – the United Kingdom Gambling Authority, for example, have banned credit cards. This means operators are legally only able to take deposits from debit cards – so if you’re planning on using a credit card to gamble (something we strongly advise against) – you’re out of luck if you’re based in the UK.

Another aspect to consider is the processing time for withdrawals. While deposits are usually instant, withdrawing winnings back to a debit or credit card can take several business days. This delay is often due to the processing times of banks and financial institutions, rather than the online casinos themselves.

Bank Transfers: Secure, But Longer Transactions To Your Casino Account

Bank transfers remain a popular payment method for many players at online casinos, providing you with a secure way to move funds directly between your bank account and your casino account. This traditional approach offers a level of trust and security not found in some of the newer methods we’ve looked at.

When you transfer funds using a bank transfer, you’re using a system that has been in place for decades, and is protected by billion-dollar security software, ensuring your sensitive account information remains protected. Bank accounts are particularly popular with players who are unable– or simply don’t want – to use E Wallets or credit and debit cards.

One significant advantage of using bank transfers in online casinos is the ability to handle large transactions. Whether you’re moving substantial amounts into your casino account to play your favorite casino games, or withdrawing significant winnings, bank transfers are capable of handling larger sums than E Wallets or debit cards. This makes them a preferred choice for high rollers or those who’ve hit a progressive jackpot win, for example.

However, one major downside to bank transfers is the processing time. Unlike deposits made with E Wallets or cards – which are almost always instant – transferring funds via bank transfer can take several days. Unfortunately, this applies to both deposits and withdrawals.

Another potential drawback is the additional steps and information required. Bank transfers often require more detailed bank account information and verification steps. There’s also the issue of your bank statement showing online gambling transactions; not necessarily a problem for someone that gambles once a month, but potentially problematic for someone who gamblers a few times per week.

Checks: Transfer Funds From Casino Sites Securely (But Slowly)

Check payments, while less common in today’s digital age, are still used as a payment method in some online casinos. They offer a traditional alternative for players who prefer not to use E Wallets, credit cards, or debit cards for their gambling transactions. Checks are particularly useful for players who are not comfortable sharing their credit card or bank account information online, and they’re also commonly used for really big wins.

When using checks, the funds are withdrawn directly into your bank account, although, naturally, you’ll have to manually deposit the check – which involves waiting for the casino to actually send it to you, and requires you to physically visit your local branch. However, one of the main advantages of using checks is the security they offer.

Since no electronic transfer of funds is involved, the risk of online fraud is virtually zero. This method of payment is also beneficial for players who do not have access to electronic payment methods, allowing them to enjoy online gambling without worrying about needing services like E Wallets. Most casinos also set high minimum withdrawal limits for check payments. On top of this, you’ll also usually need to pay a withdrawal fee – which can be as much as $100!


Paysafecard has emerged as a popular payment method in online casinos, known for its simplicity and security. It operates as a prepaid card, allowing players to purchase a card with a specific value and use it to deposit funds into their casino account. This method is particularly appealing to those who would rather have more control over the amount of money they spend online; you have to manually load up your Paysafecard with cash, in a physical shop – so it’s very hard to spend more than you intend to, as can be the case with other payment method options.

With Paysafecard, you buy a card with a 16-digit PIN and use this PIN to transfer funds, ensuring that your personal financial information is not disclosed to the casino. Since it’s a prepaid method, you can only spend the amount that’s already loaded on the card. This feature makes it an excellent tool for managing your gambling budget, helping to promote responsible gaming.

However, Paysafecard does have limitations, particularly in the area of withdrawals. Most online casinos do not allow withdrawals back onto a Paysafecard, meaning players must find an alternative method to access their winnings. This can be a significant inconvenience for those who prefer to use a single payment method for both deposits and withdrawals.

Another potential drawback is the need to purchase these cards in advance, in person. Unlike digital payment methods like E Wallets or credit cards, which are readily available online, Paysafecard requires a physical purchase, which might not be convenient for all players. Still, despite this, it remains a popular payment method – and it’s a good way to transfer funds if you prefer to use cash.

Apple Pay

Apple Pay is increasingly being adopted by online casinos as a preferred payment method, especially among users of Apple devices. If you’re looking to play your favorite casino games at casino sites, Apple Pay can be an excellent, hassle-free way of topping up your online casino account.

This digital wallet allows you to make payments using your iPhone, iPad, or Apple Watch, providing a convenient and secure way to fund your casino account. With Apple Pay, your credit or debit card information is not shared with the casino, as the service uses device-specific numbers and unique transaction codes for each payment.

One of the main advantages of using Apple Pay in online casinos is the speed of transactions. Deposits made through Apple Pay are typically processed instantly, allowing players immediate access to play their favorite casino games. Additionally, Apple Pay’s integration with Apple devices makes it incredibly user-friendly, and it means you can deposit from your mobile device without having to worry about needing your card details present.

However, like many digital payment methods, Apple Pay has its limitations. It is currently available only to users of Apple devices, which excludes a significant portion of potential users who use other types of devices. Furthermore, not all online casinos accept Apple Pay as a payment method, though its acceptance is growing.


For those wanting to play casino games, or buy casino chips without an E Wallet or card, bank transfers, as we covered, can be a good way of depositing/withdrawing – but the lengthy processing times are an undeniable downside.

That’s where a unique payment method called Trustly comes into play. It offers easy access to funds in your bank account when you gamble online – and in many ways, it’s even better than an E Wallet, allowing you to purchase casino chips and deposit from your bank instantly.

Trustly acts as a bridge between your bank account and the casino, facilitating transactions without the need for a separate account or additional registration. It’s incredibly secure, and below, we’ll look at how to actually use Trustly:

1. Choose Trustly as Your Payment Method: First, log into your online casino account and navigate to the cashier or deposit section. Here, you will find various payment options. Select Trustly from the list of available payment methods.

2. Select Your Bank: After choosing Trustly, you will be prompted to select your bank from a list of participating financial institutions. Choose the bank with which you have an account.

3. Log Into Your Bank Account: Once you select your bank, Trustly will redirect you to your bank’s online login page. You need to enter your online banking credentials to proceed. This step is secure and ensures that your financial data is not shared with the casino.

4. Authorize the Payment: After logging in, you’ll need to authorize the payment. The process for this may vary slightly depending on your bank, but it usually involves confirming the transaction amount and selecting the account from which the funds will be debited.

5. Completion and Confirmation: Once you authorize the payment, Trustly will process the transaction instantly. The funds should appear in your casino account within moments, allowing you to start playing your favorite games right away.

Now, perhaps the biggest benefit to using Trustly is that withdrawals are also – usually – instant. Once the casino sends the funds, Trustly ‘fronts’ the money – paying it directly into your bank account, so it’s them that waits to receive the casino’s money, not you. This is excellent, especially as it comes at no additional cost to you. At the time of writing, it’s the only payment method available at online casinos globally to allow instant withdrawals to your bank account.