For many in Malaysia, and for that matter, most other countries who take an interest in online casinos, one concern is how to deposit into their casino accounts. This is a pre-requisite when wishing to play casino games using real money, and therefore understanding what online casinos payment methods are available is an important side of the process. It will help new players feel more comfortable when selecting a casino payment method when depositing with the most trusted online casino sites such as M88, W88 and Empire777. The positive side of this is that depositing is not at all complicated and is no different than when making a purchase with any other website. The only difference that you will notice is the number of options is far greater than most retail merchants offer, which generally is limited to credit cards and PayPal, for example. However, there are many safe, secure and different payment methods for online casinos in Malaysia, which we discuss in greater detail in the preceding sections of this article.
Depositing using an E-wallet
One of the most popular online casino payment methods is an e-wallet, which is a payment service that operates strictly online. One such example is PayPal, a name known globally as a payment solution for online merchants, business and the transferring on funds to friends or family. The purpose of an e-wallet is to allow customers to upload funds and maintain positive balances that they can then use at their discretion without the need to continually upload funds from their bank accounts when playing with an online casino or a mobile casino. While PayPal is known worldwide, there are a substantial number of other e-wallets that provide an easy to use services that offers excellent value. The two most common and most trusted payment methods for online casinos is Skrill and Neteller, both of whom have a strong reputation for processing deposits into online casino accounts and also the processing of withdrawals. When wishing to withdrawal a balance, they offer the ability to send directly to your bank or depending on your jurisdiction, the option of a pre-paid debit card. This allows funds to be withdrawn via an ATM (Automated Teller Machine) or for purchases with merchants who accept debit cards as a form of payment.
Depositing from a Bank Account
Depositing directly through your bank account is another of the options offered with casino Malaysia sites. There are several methods that can be used to accomplish this with the first being a wire transfer, but this often takes longer for it to be processed and credited to your casino account. It requires inputting your bank details, your name, bank address and various information pertaining to the casino and your casino account number. The second is using an online banking system, such as Interact. This is fast, convenient and processed automatically with funds deposited appearing in your casino account inside of one to two minutes. It allows for near-instant depositing capabilities, and as an added advantage, can be deposited directly from a bank account that you use strictly for the purpose of casino deposits and withdrawals. Therefore it is a tool to manage your recreational spending such as when wanting to deposit for any casino promotions.
Depositing using a Credit Card
As one of the more popular online casino payment methods, credit cards such as Mastercard and Visa are accepted at virtually all Malaysian online casinos as a method for payment. While the two most common, others such as American Express or Diners Club are also popular but not as common with casinos focused towards the Asian market. The biggest hurdle for credit card deposits is whether your financial institution will allow for your credit card to be used for online casino deposits. However, depending on the bank, this may not be the case, and if it is, you have the option to use your credit card to fund an e-wallet account and therefore bypass those restrictions.
Depositing using a Prepaid Debit Voucher/ Card
Prepaid debit cards are a common method for the funding of a casino account. They are used in a similar fashion to a credit card with only funds loaded to the card being available for the purpose of depositing and are a perfect alternative, although, do come at a cost for adding money on them, but those fees are minimal. The most popular prepaid card within Asia and Malaysia is Paysafecard. When purchasing a Paysafe voucher, the amount loaded is based on a select number of options in so far as the amount each voucher is worth. However, for those wishing to deposit larger amounts, the option to combine multiple Paysafecard vouchers are allowed. However, bear in mind that most casinos will have a maximum amount per deposit. If this is the case, simply make a second or third deposit for the amounts you wish to deposit into your casino account.