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Top 5 Payment Methods Available at Australian Online Casinos

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For a trouble-free online casino experience, you need a safe, reliable and convenient payment method. Fortunately, Australians have many payment options to choose from, and new ones are being constantly introduced. But with variety comes uncertainty and confusion. This article aims to make things as simple as possible – by narrowing down payment options at Australian online casinos to just five types.

1. Credit and Debit Cards – VISA, MasterCard, Maestro, American Express

What sets credit and debit cards apart is how familiar people are with them, and how much we’ve used them. They are very widely accepted as a payment method and generally work both quickly and reliably. There is also a sense of comfort when you perform an action that you’ve done many times without any issues. Overall, you don’t expect to run into troubles here.

But there is an obvious downside to credit and debit cards – also need to enter a long number when making online payments or have the card’s information stored on your browser, which is an unnecessary risk, especially if you have a lot of money on that card, which would be the case if you use it a lot.

So, you generally don’t want to give your credit card details to a shady platform. And even if you are willing to risk a few bucks to maybe get something you really want from someone you don’t trust that much, you can’t do that entirely safely with a credit card. And that is why there are other payment methods, providing additional safety where credit and debit cards can’t.

Not that we recommend dealing with shady platforms! But having an extra layer of security can’t hurt and it also protects you even from things like honest mistakes – which sometimes can even be your own errors. Operating under the assumption that everything will go perfectly isn’t among the safest strategies. It’s much wiser to be prepared for the possibility of trouble ahead.

2. Digital Wallets, Mobile Wallets, Virtual Banking and Prepaid Cards

The second type of payment methods are the ones that introduce a third party. It will receive money from your bank or credit card and will transfer funds to the online casino without sharing any of your personal information. These include Skrill, PayPal, Neteller, ecoPayz, Cick2Pay, Neosurf, UPay Card, PaySafeCard, Entropay, Poli, Instadebit, Western Union,  Revolut, Apple Pay, Google Pay, BPay. You can use all of them to deposit or withdraw funds from Australian online casinos.

Whether a “digital wallet” or a prepaid card, the idea is that you can’t possibly spend more money than what you’ve put in it, so any risk is minimized to that sum.

And no one can steal your information, if it isn’t disclosed anywhere along the way. So, you can transfer a reasonable amount of money to your digital wallet and make payments from there without having to worry about the safety of your bank account. Not that there is any need to put your money at risk, because there are plenty of licensed, safe, and reputable gaming sites.

Also, third party payment services can be cheaper and more convenient than traditional banking. Being able to do everything online eliminates the need to take into consideration things such as where offices are located, their working hours, the long queues in there, potential viruses, etc. You can access virtual banking services at any time, and anywhere.

3. Cryptocurrency – Bitcoin, Bitcoin Cash, Tether, Ethereum

There are many benefits associated with using the payment methods described above. However, they are all constantly observed by centralized financial institutions. Transfers of cryptocurrency, on the other hand, don’t involve identifying the sender of the funds, so players at crypto casinos can benefit from enhanced privacy.

In addition to better privacy, crypto allows you to make big transactions without or with very small fees. Some casinos let you place bigger bets in Bitcoin than in dollars. So, why doesn’t everyone use this payment method? Well, due to fluctuations in the value of cryptocurrencies, many people have been reluctant to adopt them and that makes them less universal.

4. Phone Bill

This is one of the newer developments – there are services that let you play at online casinos and pay later through your phone bill. This is an extremely easy way to make a small bet that isn’t meant to be a big deal, similarly to buying a lottery ticket. This type of payment method isn’t fit for betting big money, but most players aren’t trying to bet big money anyway.

Gambling sites offering this payment option are referred to as “pay by phone” casinos. Playing via phone is associated primarily with convenience, so it’s natural that players would want to use the most convenient possible payment method in that context. And you get to both play and keep your money – until your next phone bill that is.

5. Direct Bank Transfers

Direct bank transfers send money straight from your bank to the online casino. It is a traditional method, but it is still popular to this day, and many gaming sites accept bank transfers as a payment method. Because this option is so simple, it usually doesn’t involve additional fees, and that is the main reason for its popularity.

And you could set up your own “gaming wallet” by opening a separate bank account where you can transfer money from your main account, and then make direct bank transfers from that special account to the online casino. In that way, you can avoid the risk of spending more money on gambling than what is reasonable.

Since online casinos recommended by expert casino reviewers are safe, choosing payment methods is a matter of personal preference and what you find to be most convenient for you. However, you could benefit from setting up a system for moving funds that prohibits you from spending more than you can afford. It is highly recommended that you approach this subject seriously, because lack of awareness and self-control often lead to gambling problems.

Latest News

SBC Summit Tbilisi 2024: The iGaming and Sports Betting Event where Eastern Europe Meets Central Asia

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The SBC Summit Tbilisi 2024 is set to bring together the key players in the iGaming and sports betting industries from June 25-26, 2024, at the Sheraton Grand Tbilisi Metechi Palace, Georgia. Organized by SBC Events in collaboration with Sports Media Holding, this event promises to be a pivotal gathering for professionals targeting the burgeoning markets of Eastern Europe and Central Asia.

A Gateway to Eastern Europe and Central Asia

The second edition of the SBC Summit Tbilisi is designed to offer unparalleled insights into the high-potential markets of the Black Sea, Eastern Europe, and Central Asia. This premier conference is a must-attend for those looking to expand their business into complex and diverse regions such as Georgia, Romania, Serbia, Bulgaria, Kazakhstan, and Slovenia. The event provides a unique platform to understand the local regulatory landscapes, cultural nuances, and market opportunities.

Comprehensive Conference Agenda

The SBC Summit Tbilisi 2024 will feature a rich conference agenda that brings together C-Level executives and industry experts to discuss a wide range of topics. Attendees can expect to gain valuable knowledge on:

  • iGaming trends and innovations
  • Emerging market opportunities
  • Regulatory updates and compliance strategies
  • Outsourcing and business relocation opportunities

Who Will Be There?

The summit is expected to attract over 1,500 delegates, including 600 operators, 150 affiliates, 60+ speakers, and 30 exhibitors. This diverse gathering offers a fantastic opportunity to network with key decision-makers, generate leads, and forge meaningful partnerships.

Networking Opportunities

SBC Events are renowned for their exceptional networking experiences, and the Tbilisi Summit will be no exception. From the moment attendees step into the venue, they will be treated to an all-inclusive networking environment. Designated areas on the show floor will provide hot refreshments, breakfast, and lunch, along with various bars offering favorite drinks throughout the venue.

Evening networking events will take place in some of Tbilisi’s most upscale locations, providing a relaxed and enjoyable atmosphere to continue business discussions and build new connections.

Special Features

  • Keynote Speaker: Chris Bird, CEO of The Raheem Sterling Foundation and former COO of Manchester City, will share his insights and experiences, adding significant value to the event’s agenda.
  • VIP Networking: Attendees can look forward to an exclusive VIP networking experience, ensuring they can connect with the most influential figures in the industry.
  • Held in Collaboration with Sports Media Holding: As a leading service aggregator in the EE&CIS region, SMH Global brings a wealth of expertise and networking opportunities to the event.

Why Attend?

The SBC Summit Tbilisi 2024 offers an unmatched opportunity to gain a foothold in the promising markets of Eastern Europe and Central Asia. With a comprehensive agenda, top-tier speakers, and exclusive networking events, this summit is the ideal platform for industry professionals to learn, connect, and grow their businesses.

For more information and to register, visit the SBC Summit Tbilisi website.

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Compliance Updates

eGaming Integrity Launches to Enhance Compliance for OGRA Licence Holders and CSPs

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We proudly announce the official launch of eGaming Integrity, a specialised compliance services provider exclusively dedicated to protecting OGRA licence holders and the CSPs that support them.

Our mission is to enable online gambling operators, and the CSPs that support them, with the tools they need to thrive in the Isle of Man, ensuring integrity, transparency, and adherence to industry standards.

The Isle of Man eGaming sector continues to grow at a rapid pace, with the number of OGRA licensees more than doubling in recent years. With the sector having grown so quickly, it has led to a shortage of highly qualified, well trained, and egaming experienced compliance and AML professionals locally. This skills shortage presents a significant challenge for online gambling operators licensed here.

With our team of industry experts and former regulators, eGaming Integrity enables businesses to remain compliant with the stringent regulatory requirements under the Isle of Man licence through our tailored services which include mock audits, remediation, and internal audits.

Speaking about the requirement for such services, Emma Shilling, eGaming Integrity director said “licensed online gambling operators and local Corporate Service Providers have been looking for a credible provider to offer specialist services beyond day-to-day compliance. We’ve already helped several CSPs navigate the sector in previous roles, where eGaming isn’t always the primary area of expertise so businesses have sought our experience and industry knowledge to help them service their clients more effectively.”

Fellow director, Nick Bowden added “our in-depth evaluations prepare operators for regulatory visits, remediation support to bring businesses back into good standing with the regulator, and independent assurance makes sure risk management, governance and internal control processes are operating effectively.

eGaming Integrity are now working with a number of OGRA licence holders and local CSPs, providing customised compliance and regulatory advisory services that align with business objectives and operational intricacies.

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Latest News

Week 24/2024 slot games releases

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Week 24/2024 slot games releases
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Here are this weeks latest slots releases compiled by European Gaming

ELA Games, announced the release of its conceptually new game “Joker Cashpot”. The new slot game aims to attract players with its exciting mechanics, a balance of strategy and randomness and traditional colourful design by the studio’s artists. Joker Cashpot is a rare example of a creatively modified slot where the player can accumulate and multiply rewards.

 

Yggdrasil has partnered with ReelPlay to offer up to 10,000 ways to win in feature-filled dystopian release Armageddon 10K WAYS™. The cascading slot transports players into a hellish oblivion where spinning the reels can stave off otherworldly invaders and rack up prizes by way of Bonus Respins, 10K Ways and four local jackpots. The Bonus Respins feature is triggered whenever players land six or more scatter symbols anywhere on the reels.

Yggdrasil and ReelPlay unleash hell on earth in Armageddon 10K WAYS™

 

Habanero brings fairytale magic to its latest slot Waltz Beauty, where mystery symbols and multiplier rewards await players. Set on a 6×4 grid, the game sets the scene with an enchanted palace where a host of princesses populate the board as its symbols which must form matching combinations across 25 paylines.

Habanero dances with the beast in new release Waltz Beauty

 

Booming Games is proud to announce that its highly-anticipated title, Ronaldinho Spins, is now available to players worldwide. Ronaldinho Spins is the first slot game ever created featuring the image of international football superstar Ronaldinho Gaucho. After months of development and refinement, the slot is now set to deliver entertainment and joy with its stunning visuals and exciting features.

 

Amusnet brings you a fruity delight with its new classical video slot. The 5-reel 10 fixed paylines game offers colourful and yummy-looking gameplay. Packed with fruity symbols, sizzling design and captivating sound effects, 10 Power Hope promises a thrilling gameplay experience filled with fiery wins.

Go Hot or Go Home with Amusnet's newest slot release 10 Power Hot

 

Thunderkick has released the newest addition to its expanding collection, Sword of Arthur, taking players on a journey to King Arthur’s Ancient Briton. King Arthur himself features as the game’s highest-paying symbol, followed by his armour and shield, while the low-paying icons are represented by fantasy-style playing card symbols. The legendary sword of Arthur takes centre stage as the Wild and Scatter, helping to form wins and trigger the Bonus Game.

Thunderkick reignites Arthurian legend in latest slot Sword of Arthur

 

With the cream of European football preparing to showcase their skills on the grass at Euro 2024 in Germany starting this week, Apparat Gaming icon, Jack Potter, has set out on a mission to spread the beautiful game to ancient Egypt in the quirky new adventure, Jack Potter and The Book of Football.

 

Triple Edge Studios, part of Games Global’s exclusive studio network, has launched its latest feature-filled title, Goal Strike Rising Rewards™, kicking off the excitement ahead of a big summer of football. Set within an electrifying football stadium and showcasing five reels with varying rows of 3-4-5-4-3, players spin the slot’s unique reelset that is adorned with football shirts, boots, and whistle symbols for the chance to unlock a variety of innovative multiplier and free spins features and win increasing jackpots via the Rising Rewards™ mechanic.

 

Not all pigs are happy in mud and that’s certainly the case for the two porkers in the latest slot from Fantasma Games. Gold Pigger is already live with a limited number of operators, and a truly flying start with initial key player KPIs up +100% from an already very successful 2024 game release performance.

 

 

PG Soft has released its highly infectious video slot, Zombie Outbreak. The game unfolds within an apocalyptic world where the undead rise on the 5 reels, featuring a layout with 4 rows on reels 1, 3, and 5, and 5 rows on reels 2 and 4. One of the many electrifying features of Zombie Outbreak is the Expanding Wild symbol, which replaces all symbols aside from the Scatter symbol.

The game unfolds within an apocalyptic world where the undead rise on the 5 reels

 

 

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EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

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