Over the last few years, we have seen many developments in the online bingo industry and one of those major ones, in particular, can be accredited to payment methods.
Such developments have made the most of new technology that has been leveraged more efficient and easier ways for players to make deposits and withdrawals while playing online bingo, especially since credit cards are now banned.
Let’s take a look at some of the most popular payment methods in 2020 that you can find available at the majority of bingo sites.
Internet payment gateways have become particularly sought after in recent years, due to the fact that they provide players with an extra layer of security. Arguably the most popular online payment gateway at online bingo sites is PayPal, which is simple to use.
All you need to do is link your bank account up to PayPal and then select this as a deposit and withdrawal option at the bingo site that you have registered with. PayPal is available to use at most of the best bingo sites in the UK along with a number of other methods. Deposit times when using PayPal are usually instant while to withdraw into your PayPal account, this is also instant.
Still a very popular method with online bingo players, this allows players to directly link their bank account debit card (Visa debit, Mastercard debit, and Maestro debit) up to their preferred bingo site once they have completed the registration process. While deposits are usually instant, withdrawal of funds can take between three and five days depending on which bank you are with.
This is a particularly new payment method that has been adopted successfully by a number of bingo sites and is also used across many other industries. Players are attracted to this because of the fact that you can make a deposit using your phone and then this is subsequently added to your mobile phone bill for that month. As of yet though, this method can only be used as a way of making deposits, though if you are in the middle of a game, it is a very efficient option.
This is a very safe and secure way of making a deposit at a bingo site. This works essentially on the premise of you purchasing a prepaid card for the amount that you want to wager and then entering a 16 digit code to have this credited to your online bingo account. However, as with the paybyphone method, you can only use this as a deposit option.
Another internet payment gateway option, Skrill works essentially in the same way as PayPal, though this is only available at a few bingo sites. To start using this, you simply link up your bank card to your Skrill account and then select this as a payment option on the bingo site if it is available. Deposits and withdrawals to and from your Skrill account are generally immediate, while it may take a while for funds from your Skrill account to land in your bank account.
Very similar to Skrill, this is another popular payment gateway that you can find at some bingo sites where you are also required to link up your bank account of choice. Again, deposits and withdrawals are instant and seamless, though not every UK bingo site offers this as an option.
If you have an Apple device, you can use this to make deposits and withdrawals because your Apple Pay account will already be linked to your bank account. Deposits and withdrawals are instant and seamless and bingo sites that offer this communicate with your Apple Pay app.