Using credit cards at online casinos is one of the most popular banking methods in use. This is partly because most already use this method in their everyday life and partly because it is so convenient. For those choosing which method to use should know that when they see a casino offering credit card payments it is a sign that they are running a legit operation.
South African online casinos who partner with these reputable financial institutions are fully aware of the positive image that it gives to their brand. This is why you will find so many casinos offering deposits and withdrawals through visa and mastercard.
Using Credit Card at Online Casino
Since the inception of online payments we have been using credit cards to make our purchases on the web. The fact that they have been around for so long has created a sense of trust in the payment method. Using a credit card online is a sure way to make and receive payments hassle free! As with any payment method there are some pros and some cons that we feel we should mention so that you receive a holistic view.
Pro’s:
- Cash deposits reflect immediately into your account.
- One of the most widely accepted methods of payment at online casinos
- Very safe and secure
Con’s
- Processing fees can be high
- Interests charges should be looked out for
- When withdrawing funds back into your credit card the processing time can be longer than other methods ( up to 1 week)
- Having unlimited money may result in you spending more than you would if you had a separate online account ( such as paypal)
How to deposit funds into account using credit card
Credit cards are an easy way to skip the tedious steps that are involved in depositing funds into your account. Assuming you already have a credit card set up you will not have to create a new account with some other 3rd party payment method before you can start having sun.
Follow these easy steps to deposit funds using your credit card:
- Step 1: Ensure that you have a credit card with sufficient credit available
- Step 2: Find a casino that offers credit cards as a payment option
- Step 3: Select payment options and choose “deposit using credit card”
- Step 4: Select the amount that you want to deposit into your account
- Step 5: Double check the amount that you want to deposit and select “approve”
How to Withdraw your winnings from a casino into your credit card account
If you have made it through the depositing stage, using your credit card, you will find withdrawing just as simple. The best part about it is that your unique credit card details are already on record so you are already halfway there to enjoying your winnings!
Follow these easy steps to withdraw your funds using your credit card:
- Step 1: Go to the cash out section and press the “withdraw funds” button
- Step 2: Select the payment method and choose “credit card”
- Step 3: Authenticate yourself and verify
- Step 4: Wait for your funds to reflect
- Step 5: Enjoy your winnings
FAQ Credit Card casino South Africa
Most reputable online casinos will accept credit card payments. Most casinos choose to facilitate this option as they understand that the majority of their customers, no matter where they are in the world, are likely to have a credit card. On the flip side, most banks allow for credit payments to be made to online casinos.
Yes, credit cards are a safe and secure payment method at online casinos. All information being sent from your bank to the casino is encrypted which makes interception by 3rd parties unlikely. Additionally, your bank will usually require 2-factor authorisation in the form of an email or sms. If all else fails most banks offer insurance to their clients in case there is any fraudulent activity that leads to financial loss.
Fees can be expected. This can be in the form of interest, accrued directly from your credit card, or processing fees from the casino. Processing fees occur due to the extra work that go into ensuring payments are safe and secure. Fees shouldnt exceed 3% of your total withdrawal.
You simply enter your card details at the cashier section. You will be prompted to verify yourself, usually by your bank. After you have completed verification your funds should reflect immediately.
Yes, It is a very popular method. Most people have credit cards on hand which makes it a familiar method of payment online.
