Instant Deposits and Payouts as a Necessity
What do the majority of casino players love more than anything? Other than having fun, collecting their winnings of course! Whether you like poker, slots, baccarat, scratch cards or anything in between, what each player relates to is instant deposits and payouts. This is a requirement that we all need and appreciate.
Otherwise, what’s the point in playing? Whether it’s your first or tenth jackpot, collecting the winnings is a necessity. Not much has changed since gambling establishments were created.
Now with so many online casinos, they want to stay competitive in their industry. So how do they do that? There are multiple ways to earn business, but one of the main criteria for any good casino is having multiple payment methods.
They need to be fast, efficient and accurate. Players want to be paid on time instantly as soon as the screen lights up with a win.
What keeps a player in the loop with every successful spin, winning hand or roll of the dice lies with knowing about payments. They expect an instant drop of winnings into the account, being able to withdraw no later than 15 minutes later.
Why Instant Deposits and Payouts Take an Eternity
That’s in the best-case scenario. Sometimes it can take more than 1-2 days for the money to clear in your account, which can be frustrating. In contrast to brick and mortar casinos where you can collect your winnings instantly sometimes, there lies the problem.
Players and people in everyday life want immediate action. Whether that’s in customer service or something else entirely, humans are becoming less patient and more demanding. For casinos, this is the constant challenge. Can a player wait five days for the money to drop? Can’t instant deposits and payouts just be the norm? Well they seem to be at LiveCasino.ie, not sure how many others are as ‘instant’ as theirs though.
Unfortunately, there remain some requirements that take time and diligence. A casino needs to check the paperwork is correct and in order. Also, local laws and which country you play from is a mitigating factor. The UK gambling commission has different rules to Gilbraltar for instance.
What if the transaction was not authorised correctly? Perhaps there was fraudulent activity on your account. It must be safer for a casino to be thorough than for you to lose all your winnings. Even if frustration lies in waiting around for your balance to clear, circumstances differ depending on the situation.
Sometimes there is a huge difference between the withdrawal procedure and your deposit. Instant deposits and payouts take time and care to be done the right way. For example, with Net Entertainment Casinos, a variety of methods can take up to 24 hours, even two or three days on occasion. Alternatively, they do have some E-Wallet payments that can withdraw instantly.
On the other hand, Microgaming casinos offer much quicker payment methods with one to two days maximum, as well as same-day withdrawals, even on weekends. In other cases why not try some different methods to make the most of your winnings.
Other Payment Methods
One of the safest instant deposits and payout methods is PayPal. The United States-based financial service giant offers a trusted and encrypted service to millions of customers, including casinos. However, transfers can take a couple of days so consider your options.
Likewise, Maestro is easy to use for players and Paysafe requires a 16-digit passcode to withdraw. Skrill is another fine example similar to PayPal, with E-Wallets also popular. The likes of Neteller lead the way in electronic transactions.