The Safest Payment Methods for Online Gambling UK

Online gambling is a lot of fun, but only if you can do it in a safe, secure manner. One of the main factors to consider whenever you’re playing online, is to look at the payment methods offered and available to you. While some payment methods stand out because of low transaction fees or fast turnaround times, they may not be the best in terms of safety and security.

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Luckily, the UK is particularly hot on this, and has a number of payment methods that are not accepted. And those that are acceptable are carefully regulated and monitored. Let’s have a deeper look into safe payment methods.

Why it’s so important to use safe payment methods

There are a number of reasons to use safe payment methods, so let’s go through them here. First, depending on the payment method you’ve chosen, you will have to provide specific details regarding your account and potentially a password. Unsafe payment methods mean your data is hackable and can be retrieved by someone else who can then use it pretending to be you. Because of this, it’s essential that you use a payment method with high encryption protocols in place, 2-Factor Authentication and biometric passwords where necessary. Something like a bank transfer fits the bill.

Another reason to pick a safe payment method is so that, should something go wrong with the transaction, you’ve got somewhere to go to make a complaint or who can sort it out. For instance, cryptocurrencies are not permitted at online gambling sites in the UK for this very reason. While they are safe in other respects, crypto is a decentralized currency. So, should anything actually go wrong, you’ve got no one to go to for help.

Finally, there is one other safety reason in place. Credit cards are not permitted on UK gambling sites, and this is to do with player safety in terms of preventing overspending and gambling addiction. By removing credit cards as a payment option and allowing only debit cards, players cannot get into as much debt, making it a safer environment for them to play in.

Safest UK gambling payment methods

There are a number of top safe payment methods in the UK available on gambling sites. These include bank transfers, VISA, Mastercard, Skrill, Apple Pay and more. Here are some of the options we think are the best to use.

Trustly

One of the top payment methods in the UK for use on gambling sites, it acts as a muddle man, taking payments from your bank account without the need for an app. Essentially, it’s an account-to-account network system. This payment method is widely used throughout the UK by both retailers and banks. What this means is that you don’t need to transfer money from platform to platform, Trustly does it for you. And you won’t need to provide any banking details to the gambling site you’re playing at. It uses two-factor authentication for better security too.

On top of this, Trustly offers real-time transactions. Deposits are instant, which means you can get playing right away when you use this method. Withdrawals are slightly different, but if you want to bet at an under 1 hour withdrawal casino, the chances are it will offer Trustly payments. This is because Trustly payouts can clear almost instantly. However, while it is available at more than 8000 retailers and banks, it’s still not a super common option on gambling sites.

PayPal

Unsurprisingly, PayPal is one of the top safe payment methods available at UK gambling sites. It’s been around for a long time and provides an excellent service across many different platforms and retailers. Not only that, but it offers high levels of security including strong data encryption to protect all your transactions. The best part about PayPal is that it acts as a middleman between your bank and the gambling site you’re playing at. Because of this, the payment doesn’t come directly from your bank, which means there are more levels of security in place.

When it comes to transaction times, PayPal is one of the quickest. If you’ve got funds in your PayPal account already, then a deposit will take just seconds. For withdrawals from a gambling site, payout speeds depend on each site’s policy. Typically, there is a processing period, but once this is up, PayPal withdrawals can be completed within the hour. Alongside speedy transactions and minimal fees, it’s free to use, though it does have a lengthy sign up process before you can use it.

Paysafecard

This method operates in a similar way to a debit card. However, the difference is that a Paysafecard is a prepaid option. Just like any standard card, it has a 16-digit PIN that must be used when inputting the details of the card for the transaction. However, there is no personal information attached. As such, it’s much more safe than other card payments as no bank information is shared at all. Subsequently, any payments you make with Paysafecard are private and secure. You can also make a deposit without actually have a bank account as you simply load the card with the amount you plan on spending. Another major plus point is that it fee-free.

Deposits are instant too, which means quick processing occurs, and you can get playing your favourite games right away. The only main issue here comes with withdrawals. Not all UK gambling sites actually allow Paysafecard to be used for withdrawals. In fact, many don’t, so you will have to find another option when it comes time to claim your winnings. It’s also got a low deposit limit, which is not ideal.

Final thoughts

At the end of the day, there are many top safe payment methods for UK players to use at their favourite gambling site. Which you choose really depends on you and your needs. Always consider the transaction fees, how fast and easy the processing time is, whether the transaction limits match your needs, and if the method has secure, encrypted transactions.

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