Page updated on 25.10.2020
Popular Payment Methods for British Players at Online Casinos
There are plenty of interesting facts about the United Kingdom, which is an island-country within Europe. For instance, did you know that:
- Stonehenge is even older than the Egyptian pyramids? (c. 3000 BC vs c.2630 BC)
- sparkling wine was invented in England? (sorry France!)
- the first capital of England was Winchester – not London?
- the English consume the most tea/capita? (up to 20x more than Americans!)
- London is one of the most multicultural cities in the world?
- there are more chickens in the United Kingdom than people?
The United Kingdom ↱ (Northern Ireland and Great Britain) has a population of approximately 68 million English, Scots, Welsh and Northern Irish, living in a total land size of 240,000 km2. The United Kingdom has the prestigious distinction of having the 6th-largest economy (GDP) in the world.
Between April 2018 and March 2019, the gross gambling yield (bets collected plus other accruals less provisions for prize payouts) was £14.3 bn. Of that, £2.1 bn was from remote betting operators, up 4.3% YOY. As you can see, people from England, Scotland, Wales and Northern Ireland enjoy playing at top online casinos.
At FortunaOnlineCasinos.com, we try to bring online casino players from Great Britain the best online casinos in the UK. These are licensed and regulated by the UKGC. Each accepts a range of online casino payment methods, which we thought we'd tell you about. These might include instant banking, e-wallets, voucher payments and instant banking.
The United Kingdom has become an ecosystem for fintech companies, and you may recognize some of the names in the next sections.
UK Instant Bank Transfer and Bank Transfers
Instant banking methods often allow UK online casino players to make instant GBP deposits to a player account. These are also safe and secure payment options that only allow you to spend as much as you have, meaning no credit is extended.
This method also removes the need to supply the casino with any payment details. Also, it's accepted at many online and mobile casinos. Finally, you will also be able to make a GBP withdrawal from a player account back to your bank account.
Bank transfers, on the other hand, are slower and take a few days before you see your Sterling deposit in your player account after the casino has processed your cashout.
There is not much to say about using credit cards to make Sterling online casino deposits in the UK. In April 2020, the UKGC introduced a ban on credit card payments. The reason for the credit card ban was to make it harder for gamblers and more specifically, problem gamblers to play on credit.
We at FortunaOnlineCasinos.com support policies designed to protect vulnerable players, and that's all we'll say about that.
Some online casinos in the UK also accept Visa and Mastercard branded debit cards from a financial institution. These can be from several top banks such as RBS, Lloyds Banking Group, Barclays PLC, HSBC, Santander or other. There's also Entropay which is a Fintech that uses a virtual card (Visa).
Debit cards are linked to your bank account and unlike credit cards, debit your cash account rather than 'credit a liability account. In other words, you cannot spend more than you have which is a positive feature of debit cards. They are secure (with SSL encryption), fast and dependable. You can make both debit card deposits and debit card withdrawals in GBP.
At many operators, e-wallets provide the greatest range of ways to deposit GBP to an online casino. Electronic wallets are digital wallets that hold multiple currencies, including British pounds Sterling. They may be the most popular casino payment method as they are also safe & secure, fast and typically free.
Withdrawing GBP from a player account to an e-wallet is also possible, which further explains its popularity. Transactions can be made from a desktop computer, tablet and smartphone. You probably heard of Neteller, PayPal and Skrill since they're huge e-wallets. But did you know that there are also ecoPayz casinos, MiFinity casinos, Jeton casinos and MuchBetter casinos?
Voucher payments are a useful payment method for Sterling deposits to a player account. Part of the appeal is that they let you get around not having an e-wallet and not being permitted to use a credit card.
Paysafecard casinos and ecoVoucher casinos let you deposit GBP to a player account. A PIN protects the payment, and it's discreet since it doesn't appear on any financial statements. It may be the best way to control your spending since you cannot spend more than the value of your card, which comes in different £ amounts. Finally, you don't need to provide any payment information.
In the past, electronic vouchers would not let you withdraw GBP from a casino player account, but this appears to be changing. Check with the casino to find out if it's possible.
If you want to make a mobile phone payment, then there may be options for you depending on the online casino. Boku casinos are one such example, and Siru Mobile casinos are another.
These payments will permit you to deposit Sterling so that you can play at a real money casino. It's another fast, safe and secure method and you can make a payment if you have a prepaid or monthly mobile plan. Unfortunately, you won't be able to use the method to cashout from your player account.
As you can see, there are plenty of ways to play at licensed online casinos with GBP. Casinos may offer some of the methods that we've mentioned, and others may accept others.
There is no right or wrong way of making a deposit, but keep in mind that some payment providers may charge a fee.
We do care about the wellbeing of our UK players. We remind you to make sure that you always set money aside to cover your daily expenses and only play with money that you can afford to lose.
Players from Great Britain and Northern Ireland typically have a range of payment options for depositing and withdrawing GBP.
Some examples include mobile payments like Boku and Siru Mobile. Then there are electronic vouchers like ecoVoucher, Neosurf and Paysafecard. The next category is e-wallets consisting of payment options like Jeton, MuchBetter, MiFinity, Skrill, Neteller, ecoPayz and PayPal.
Visa and Mastercard branded debit cards, as well as Entropay, are another alternative.
No, it is not possible to use a credit card to deposit GBP to an online casino as of April 2020.
It is generally safe to play at UK online casinos provided that they are licensed and regulated in the United Kingdom. The UKGC is the regulator which has a strong reputation for protecting player safety, ensuring fair play and the prevention of money laundering.
At FortunaOnlineCasinos.com, we only recommend the best online casinos that pay.
Yes, it's possible to collect a casino welcome bonus if you're a new player from the UK. It usually takes the shape of a cashback bonus, a match deposit bonus or free spins. Regular players may also be able to collect other promotions for online and/or live casino. Some casino rewards casinos may also offer high roller VIP or loyalty points.
The best UK casinos offer a whole range of payment options. These might include e-wallets, voucher payments, instant banking, mobile payments, debit cards and more.
All methods will allow you to deposit British pound Sterling, and some will also allow you to also cashout.
For methods that do not offer withdrawals, the casino will usually turn to a default method such as a bank transfer.