Casino Payment Methods

Payment methods at Australian online casinos are constantly evolving. What was once a limited selection of payment options has now exploded into a wide range of choices, giving players more flexibility. With so many payment methods now available, which ones are the best? Here are a few payment methods that are currently proving popular at Australian online casinos.

Peter Burton Last update: May 10, 2022

How to deposit in an Australian online casino?

To pay into your casino account, follow these easy and convenient steps:

Select an Online Casino

Finding the best Australian online casino can seem like searching for a needle in a haystack. Nonetheless, you can examine guides like ours for alternatives that suit your gambling endeavours 100%.

When you've made a pick, head to the platform via PC or mobile and create an account. To complete sign-up, you must insert some relevant details about yourself.

Choose a Payment Channel

Upon registration and verification, the site redirects you to a page to select a payment channel. Although you'll have access to safe Australian payment methods at the top casinos, choose an option that works best for you.

Make a Deposit and Commence Gameplay

Once you've selected a payment option, insert the required details and make a deposit. After confirmation, the site will credit your casino account instantly, except you opt for wire transfers. Now, go ahead and place bets on your favourite gambling titles and stand a chance to make decent winning combinations.

Deposit methods for online casino players in Australia

Payment methods at Australian online casinos are constantly evolving. What was once a limited selection of payment options has now exploded into a wide range of choices, giving players more flexibility.

With so many payment methods now available, which ones are the best? Read on to see which payment methods that are currently proving to be popular at Australian online casinos.

Major payment categories at Australian casinos

Although you might see many payment options at your favorite Australian casino site, these mediums are grouped into the following categories:

eWallets

eWallets are great payment alternatives for real money gambling. With an eWallet, you can transfer funds to an Aussie casino without releasing any banking information online.

The anonymity eWallets offer is the primary reason why bettors prefer it. Depending on the casino, you can access one or more of these eWallet services:

PayPal

A digital payment organisation that allows people and organisations to make payments without extra charges.

ecoPayz

This digital wallet provides swift and secure money transfers globally. ecoPayz works seamlessly for deposits and withdrawals.

MuchBetter

A free-to-use P2P platform that allows you to transfer and request money. This method is common in most Australian online casinos. 

Skrill

An e-commerce entity that allows you to send and get funds locally and internationally without hidden costs.

Neteller

This online transfer service processes payments to and from entities like Forex trading companies and online casinos. You can make withdrawals with a Net+ card.

online casino credit card payments

Debit and Credit Cards

Besides eWallets, debit and credit cards rank among the most accessible payment mediums. Unlike eWallets, you'll have to insert your banking details.

Some may see this as a drawback, but credit and debit cards have the most advanced encryptions globally. With most alternatives incorporating 128-bit SSL encryption technology, no third-party entity can access your account without your approval.

VISA

These cards are primarily known for convenience and security. Visa is available at most Australian online casinos.

Visa Electron

The debit card variant of Visa, Visa Electron, helps you fund your casino account securely and quickly.

Mastercard

Mastercard helps merchants, firms, and individuals to perform transactions without delay and enormous fees.

Maestro

A debit card issued by Mastercard, Maestro, ranks as a  preferred casino withdrawal medium.

Prepaid cards are an excellent option for players who want to deposit money into their accounts without having to provide their personal or financial information. These cards come in two formats: virtual and physical. 

According to financial experts, prepaid cards are a great way to manage your bankroll. You can load money onto the card and then only spend what's on the card, which helps you stay within your budget.

Note: Although you can facilitate payments via prepaid cards for free, some might require a small transaction fee.

Paysafecard

Paysafecard doesn't require inputting personal details. However, users must create an account to deposit at an Australian online casino.

Flexepin

A prepaid voucher allows users to load funds into their existing casino accounts without hassles.

Neosurf

Neosurf vouchers offer Aussies a secure and straightforward way to process online casino deposits.

Bank Wire Transfer

Bank wire transfers seem like an outdated process to process online payments. However, this medium is an everyday staple at the cashier.

Why? Most players love the anonymity it provides. So, instead of sharing sensitive banking data with your preferred gambling site, you contact your bank to process transactions.

Nonetheless, bank wire transfers have a disadvantage. Unlike the mediums mentioned above, you might have to wait days before your bank processes your transaction.

Instant Banking

Unlike bank wire transfers, instant banking takes the revolutionary path. You can connect your bank account directly to your casino profile for seamless deposits and payouts here. 

An instant banking option is POLi. Aussie players can use this method to facilitate payments from their banks to the online casino.

Cryptocurrencies

Cryptocurrencies rank high among Aussie gamblers because they aren't regulated like other payment options. Also, bettors can enjoy swift, secure, and anonymous payments via cryptocurrencies. 

Although cryptos weren't famous on Australian betting platforms some years ago, new online casinos now integrate these options, and established sites are also joining the party to meet player demands. Some online casinos like Megaslot and Wild Tornado are already offering crypto deposits.

There are many cryptocurrency alternatives. However, these options are pretty popular at Australian gambling sites:

Bitcoin

An innovative cryptocurrency offering swift deposits and withdrawals at Australian online casinos.

Litecoin

Short for LTC, Litecoin is a P2P cryptocurrency option that provides low-cost and efficient transactions.

Ethereum

Ethereum uses blockchain technology to make quick and encrypted crypto-themed transactions.

Dogecoin

Dogecoin has grown beyond imitation to be one of the top altcoins accessible at Australian iGaming sites for payments.

Safe and Secure Payment Methods: Some Australian Regulations to Note

To ensure your funds are safe irrespective of the option you use, we recommend placing wagers at regulated and licensed Australian online casinos. 

Besides licensing, established iGaming destinations go the extra mile to incorporate several Australian banking rules. These terms are in place to ensure funds' safety 24/7.

Notable mentions include:

  1. Players can only cash out their winnings via the method used for deposits. The only exception is when your deposit alternative isn't available for cash out. 
  2. Your account details must match your banking details. If there's a discrepancy, the casino has the right to withhold your funds. 
  3. All payment channels must have 128-bit SSL encryption. This add-on ensures that third-party entities don't have access to players' funds.
  4. All Australian casinos require you to verify your account by submitting an ID card or a utility bill. You might have to wait at least 6 - 12 hours for the casino to validate the submitted documents.

In addition to the above regulations, note that payment limits, fees, and time frames will differ from casino to casino. 

Skrill logo

Skrill allows you to make safe and fast deposits and withdrawals on AU online gambling websites.

Neteller logo

Neteller is a similar payment service to Skrill, which allows you to make quick and safe deposits and withdrawals online.

Bitcoin logo

Bitcoin is a cryptocurrency which allows you to send and receive payments in a fully transparant way, it's also called the money of the future.

Neosurf logo

Neosurf is a prepaid card which you can use to make online payments without a creditcard.

MasterCard logo

Mastercard is one of the biggest credit card companies available. Many players already have a Mastercard so they can start playing in online casinos quickly.

ecoPayz logo

ecoPayz allows you to send and receive money worldwide with their secure online payment service.

American Express logo

American Express, also called Amex, is one of the best banking options for online casinos and allows you to easily make transactions online.

Visa logo

VISA is another creditcard company similar to Mastercard. It's widely used by Australians to gamble online safely.

Conclusion: Best Payment Methods at Australian Online Casinos

So, which payment methods are the best at Australian online casinos? The answer is slightly different for each person, as everyone has their preferences. However, some of the most popular and convenient payment methods include credit cards, debit cards, PayPal, and POLi. 

If you’re looking for fast and easy transactions with minimal hassle, any of these payment methods will do the trick. Just check with your casino to see which ones they accept – not all casinos offer every type of payment method. 

Ready to get started? Pick your favourite casino from our list and enjoy today's exciting gaming experience!

Frequently Asked Questions

Are deposits and withdrawals safe at Australian online casinos?

Yes, they are. However, ensure you choose a gambling site that's licensed and regulated by revered entities like eCOGRA.

What payment option is the fastest?

The fastest payment option available to Aussie bettors is cryptocurrencies. Using blockchain technology, this method offers instant deposits and payouts.

Are there drawbacks to using an online casino payment method?

Each payment method has its pros and cons. Choose a medium that executes transactions without posing significant issues.

What type of security do online casino payment methods possess?

Payment methods possess 128-bit SSL encryption to restrict unlicensed third-party entities from accessing your delicate financial data.

What payment method can I use at Australian online casinos?

The payment alternatives you can access depend on your chosen iGaming platform.

You should have access to credit and debit cards, eWallets, and prepaid cards. Newer gambling sites feature cryptocurrency options.

About the author

Originally from Sydney but after spending some years in Europe Peter is back at his home ground. With a fantastic view of bondi beach that everyone is jealous of, he writes the best content for you on aus.casino.

Peter is a leading igaming expert in casinos and casino games. He is the leading editor for this website and uses all of his industry experience to create high-quality and informative reviews and guides for Australian casinos and games.

Peter gained lots of experience at high profile gambling companies like Ladbrokes and Bet365 after which he switched to the affiliate side of this industry.