When depositing money into an Irish online casino, one possible option is doing so with phone bill payments. And while doing so might seem strange at first, plenty of benefits exist for doing so.
Unfortunately, though, you cannot withdraw your winnings using the same method. As such, you’ll need to look elsewhere if you want to be able to use your money.
But before you cancel that phone bill deposit, don’t worry. Nowadays, you’ve got plenty of safe and convenient ways to make money out of your online casino account. Here are four of the most popular methods.
Skrill is owned by London-headquartered fintech giant Paysafe. The digital wallet solution is one of the best-recognised names in the online casino sector, having been around since 2001.
With Skrill, you can choose to withdraw your winnings in Euros. And if you’re looking to deposit in something other than a traditional currency, the payment solution also facilitates fiat-to-crypto withdrawals.
Skrill Online Casino Withdrawals: The Pros
Skrill is accepted at numerous online casino websites, meaning you won’t need to worry about picking a casino that doesn’t offer this service. Moreover, withdrawals are secure and use high-level encryptions.
Once you’ve withdrawn from an online casino in Ireland to your Skrill account, you can use the service at numerous merchants elsewhere on the internet. The service is integrated with various eCommerce stores worldwide.
Another perk of withdrawing with Skrill is that you can earn points in the Knect programme. Once enough of these accumulate, you can exchange them for rewards. You’ll earn points regardless of whether you deposit into your Skrill account or use the wallet to shop somewhere else.
Skrill Online Casino Withdrawals: The Cons
One of the most significant drawbacks of using Skrill for online casino withdrawals is that you might later incur fees. Your casino usually won’t charge you, but the wallet solution itself has various fees.
To withdraw from Skrill to your bank account, you’ll need to pay €5.50 on top of the transaction value. To transfer to Neteller, you’ll pay 3.49% of the transaction’s value.
Also owned by Paysafe, Neteller isn’t too different from Skrill. The payment solution is arguably even more popular in the online gambling space and was founded in 1999.
Neteller allows online casino players to deposit and withdraw using multiple currencies. Moreover, you can use the service to make purchases at various online stores.
Neteller Online Casino Withdrawals: The Pros
Like Skrill, Neteller is available at numerous online casino sites. The wallet was designed for gambling, so it has all of the necessary features that you might need.
Neteller also has a loyalty program called Knect, which – like the Skrill version – is free to join. It works pretty much the same; you receive points for withdrawals, transfers, and more. Once you’ve got enough points, you can enjoy a whole host of prizes.
Another pro for using Neteller as your withdrawal method of choice is that you can quickly move your money elsewhere. Doing so with other eWallets is simple, and so is directing your winnings to your bank account.
Neteller Online Casino Withdrawals: The Cons
Despite the benefits of using Neteller for Irish online casino withdrawals, you need to keep the cons in mind too.
One of the main drawbacks is that you might need to wait before receiving your winnings. While you should receive money instantly if it were transferred from another Neteller account, this isn’t necessarily the case when doing so from elsewhere.
Using Neteller also means that you’ll need to pay fees in some instances. Money transfers with a Neteller Standard account cost 2.99% of the transaction’s value, and transferring to a Skrill account will be priced at 3.49% on top of how much your transaction cost.
Mobile-only banks are some of the biggest frontrunners in the fintech revolution and have sought to challenge the traditional high-street bank’s way of doing things. You’ll notice them from a mile away, mainly because of their often brightly coloured cards.
Many mobile-only banks are a popular choice for online casino players because they can withdraw their money but keep it separate from their primary bank account. Some of the most popular options include N26, Revolut, and Starling Bank.
Mobile-Only Banks for Online Casino Withdrawals: The Pros
When withdrawing money to a mobile-only bank, you’ll often see your winnings straight away. These kinds of solutions are known for having limited waiting times, and often, you’ll receive a notification as soon as your transfer has been completed.
Another benefit of using these banks is that you often have fewer fees. While some still exist, you’ll normally waiver foreign transaction fees, and the same applies if you transfer money to other accounts elsewhere.
Mobile-Only Banks for Online Casino Withdrawals: The Cons
Some mobile banks make it more difficult for gambling transactions to take place. For example, N26 applies a 3% surcharge on all transactions of this kind.
As the name suggests, you’re also limited in your consulting options for mobile-only banks. With no high street branches, you’ll need to get in touch with someone at the bank via either social media or one of their customer support channels.
PayPal is arguably the best-known fintech solution out there. Founded in 1998, it is used and loved by hundreds of millions of users worldwide.
With PayPal, you can move money around the internet with relative ease. The service is accepted at numerous online casinos, and the sign-up process for an account is simple.
Using PayPal for Online Casino Withdrawals: The Pros
One of the most significant benefits of using PayPal for online casino withdrawals is that the service has limited fees compared to other digital wallet solutions. For example, you can withdraw to your bank account for free.
With PayPal, it’s also easy to pay with products elsewhere after withdrawing. To check out at an online store, all you need to do is enter your email address.
Arguably the biggest PayPal benefit, though, is that creating an account takes seconds. You don’t need to go through a lengthy verification process, as would be the case with some other methods.
Using PayPal for Online Casino Withdrawals: The Cons
PayPal is one of the most popular payment methods on the planet, and for a good reason. However, that doesn’t mean you won’t run into drawbacks when using the service.
One negative is that while a lot of online casinos accept PayPal, many do not. If the company doesn’t verify the merchant, you might need to find an alternative withdrawal method.
Another disadvantage to using PayPal for online casino withdrawals is that you might have your funds held. The company does this in certain circumstances for security purposes. However, you’ll typically receive them once it’s deemed safe to do so.
Deposit by Phone Bill, Withdraw in Another Way
Depositing into your online casino account via phone bill is an easy way to start playing instantly with minimal fuss. And while withdrawing is a little more frustrating, you’ve still got plenty of options to have a stress-free experience.
All of the payment solutions we’ve included here have their pros and cons. But for the most part, you’ll find that they’ll get the job done, and you’ll enjoy your winnings before too long.