Payment processing is one of the most important factors when it comes to gambling on online platforms. You should focus on security when making this type of payment. Also, never rush with your selection of online platforms. Keep in mind that you will have to share private information and details about your bank account when you want to add funds to your account.
Therefore, always check if some website is reliable before sharing any data. The great thing is that we can easily check the legitimacy of any online platform today by looking for reviews and ratings. Also, you can see if there are some details available about the company behind the online platform, such as name, address, required licenses, and more.
One of the most convenient methods for payments today is to use PayPal. However, the main issue with this method is related to safety. It is simple to open an account on this service and integrate the payment processing even if you don’t have a licensed business. Therefore, if you notice that some websites only accept PayPal, you should avoid that option. Moreover, some payment methods are only available in particular countries. Here are the five best methods available in Finland.
1. Paysafe Card
This is one of the best options if you are not sure whether some online casino is reliable enough to share your bank account there. This is one of the most common payment methods in Finland. If you want to see a full list of Paysafecard casinos, click here.
You can buy this card in public stores, or you can choose an online model. In most cases, the minimum amount of money is only 10 euros. After you buy a card, you will get a code that you can use to transfer the funds on the gambling website.
The main benefit of this payment model is safety since you won’t have to share the data of your bank account with online platforms. Also, that is a great way to prevent losing an excessive amount of money. You can determine the amount you are willing to invest, and simply stop playing if you lose your funds.
2. Standard Credit Card
This is the most convenient method, and you can place funds in only a couple of steps. However, we already mentioned the potential security issues. Therefore, always look for reliable and well-known online casinos before you decide to play.
Moreover, one of the best ways to be more secure is to use the 2F authentication, which is used in most banking apps today. If you don’t have this feature, you can ask the bank to add it or install some app for that additional layer of protection. That way, each time when you want to lace funds on your account, you will need a special code from the app to approve the transaction.
Besides Visa and MasterCard, a lot of people choose to use PayPal instead. It is simple to connect your credit cards to this service. However, we have mentioned the potential issues related to this method. Still, if you are sure that some website is reliable, and there is a list of payment methods available, there is no reason to doubt security while using this option.
3. Mobile Payment
We can notice that many online services started to allow mobile payment options like Google Pay, Apple Pay, and Huawei Pay. The main benefit of this option is the convenience since you don’t need to type the number of your credit card each time when you want to pay something online.
On the other side, the security is very high as well. Moreover, you can add additional layers of protection like 2FA, fingerprint, and facial recognition. That way, you don’t need to worry about your funds even if your phone gets stolen.
This is one of the safest methods of payment. It is especially good for those online gambling platforms where you can play as a guest without the need to register and leave any personal information. Also, it is simple and fast since you can remain on the website while making the transfer, and you will avoid the struggle of typing the card number each time when you want to play. Like with most other methods, you will also need a 2-factor authentication, and you can add other security options as well.
The market of cryptocurrencies is getting more popular in recent years. Therefore, it is not a surprise that a lot of online casinos started to accept them as standard payment. The main advantage is related to the speed of transactions.
For example, when you want to withdraw funds from your bank account, you will have to wait for one or two days before the transaction is completed. On the other side, you can immediately transfer your funds to your digital wallet. This can be a great way to control your balance while playing and withdraw the winnings more often.
Another benefit is the anonymity. There is no way for anyone to see your name or address, only a special code of your e-wallet. That is the great option for those who don’t want to share with anyone that they enjoy in gambling at free time.
There are other safe options as well, such as Phone Bill payment, Skrill, Entro, WU, Web Money, Ukash, Siirto, and much more. Many of these payment cards provide you with the ability to withdraw funds much faster. Also, most of them represent mobile apps that you can use to instantly place funds on your account.
Still, the main feature is related to increased security. There is no way to face any issues with cyber-attacks when you use Trustly. Paysafecard, or e-wallet, along with many other options. Also, banks are improving the safety of their processes as well, and the main factor is the 2FA.
On the other side, safety and reliability of some website should remain as one of the most important factors when choosing an online casino.