Connect with us
SOFTSWISS

Latest News

Top 5 Payment Methods Available at Australian Online Casinos

Published

on

Reading Time: 4 minutes

 

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

Win tickets to the BLAST Premier Fall Final: GG.BET is running a MEGA BLAST Competition for fans of СS2

Published

on

Reading Time: 2 minutes

 

From 26 July, all GG.BET users can get involved in the new MEGA BLAST Competition with a €10,000 prize fund. The winner will receive two tickets to the BLAST Premier Fall Final CS2 tournament, taking place from 27-29 September in Copenhagen. To enter, you need to place bets on Counter-Strike 2 matches.

BLAST Premier Fall is a major series of Counter-Strike 2 tournaments which draws in millions of viewers from all over the world every year. The series consists of three stages: Groups, Showdown, and Finals. The Groups stage sees 16 Tier-1 teams duke it out. Only 6 of these can go on to compete in the final, while the rest will battle it out in the Fall Showdown for two additional spots in the final. BLAST Premier Fall Finals will be the concluding stage of the Fall series, and fans can look forward to electrifying action, heart-stopping twists and turns, and an epic $425,000 prize fund.

From 26 July to 4 August, as the Groups stage rages on, GG.BET will be holding its MEGA BLAST Competition. The winner will get their hands on two tickets to attend every day of the BLAST Premier Fall Finals. As well as these tickets, the bookmaker is also giving away a whopping €10,000 prize fund to the top 40 participants in the MEGA BLAST Competition.

How to take part in the MEGA BLAST Competition:

  1. Register an account with GG.BET or log in to an existing account.
  2. Go to the tournament page and press “Participate”.
  3. Place bets on Counter-Strike 2 matches. Every bet you place will earn you a certain number of points, based on the odds.
  4. Rack up points, keep an eye on the leaderboard, and wait for your winnings to roll in.

Bet on your favorites and get ready for some unforgettable fun! Head over to GG.BET right now so you don’t miss your chance to enjoy a festival of Counter-Strike action in Copenhagen.

 

Continue Reading

Latest News

MANCHESTER CITY TO MARK GLOBAL PARTNERSHIP WITH SUPER GROUP-OWNED BETWAY AT THE NEW YORK STOCK EXCHANGE

Published

on

Reading Time: 2 minutes

 

Manchester City has today announced a new multi-year partnership with leading global online betting and gaming brand, Betway.

As part of the club’s pre-season tour of the United States, and to mark this significant deal, leading figures from Manchester City and Super Group will be on-site for the iconic NYSE bell-ringing ceremony later today. Ferran Soriano, CEO of City Football Group, along with Neal Menashe, Super Group CEO, will ring The Opening Bell at 9:30am EDT.

The agreement will see Betway become the club’s Official Global Betting Partner from the start of the 2024/25 season, as Manchester City joins the brand’s extensive sports sponsorship portfolio which includes teams from across the Premier League, La Liga, NBA and more.

Ferran Soriano, City Football Group CEO, said: “We are pleased to announce Betway as our Official Global Betting Partner today. As a globally recognised brand, Betway has a strong pedigree and history of working with high-profile brands within the sports space and we’re excited to work together throughout the partnership.”

Super Group CEO, Neal Menashe, commented: “We are absolutely delighted to become Manchester City’s Official Global Betting Partner. This agreement cements our place in the top tier of Premier League partners, ensuring that our Betway brand reaches fans in all corners of the globe.”

Throughout the duration of the partnership, Manchester City and Betway will collaborate on a number of activations and exclusive content opportunities, in addition to the brand featuring across digital and in-stadia assets.

Manchester City and Betway will also work together to provide all players, coaches, management and staff in-depth, industry leading training on all relevant codes of conduct relating to betting integrity and responsible gambling. This is in addition to the work Manchester City already does to support players and staff in this area.

The Opening Bell ceremony can be viewed live.

 

Continue Reading

Compliance Updates

Acquiring a Curacao Online Gaming License in 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed

Published

on

Reading Time: 2 minutes

The “Acquiring a Curacao Online Gaming License, 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed” report has been added to ResearchAndMarkets.com’s offering.

This report includes valuable insights into the financial and procedural aspects, including detailed information on costs and timelines associated with acquiring a Curacao license.

In 2023, Curacao introduced the “Landsverordening op de kansspelen” (Ordinance on Games of Chance) to modernize and regulate gambling legislation. Since March 2020, the Gambling Control Board (GCB) has been authorized to regulate offshore gambling games and oversee the issuance of Curacao licenses. As of 2023, there are 16 companies providing legal services for registration and licensing in the territory of Curacao. The license fee, as per GCB regulations, is 36,000 ANG or 19,800 USD, payable upon license issuance.

Research Timeline and Data Relevance

The research was conducted in two stages. The first stage, studying the regulator and Open Data Search, took place in December 2023. The second stage, writing the report and partially updating the data from the first stage, took place from the end of April to the end of May 2024.

Goals and Objectives

  • Describe the information about the Curacao license and the issuing regulator.
  • Describe the requirements and conditions for obtaining a Curacao license.
  • Describe the costs and timelines for obtaining a Curacao license.
  • Briefly study the market, find and suggest the following lists:
    • Legal companies offering services for company registration and obtaining a Curacao license;
    • Communication agents and integrators working with the Curacao license;
    • Suppliers and vendors working with the Curacao license;
    • Payment systems working with the Curacao license.

Key Topics Covered:

1. Goals and Objectives

2. Research Timeline and Data Relevance

  • Document Markup
  • Raw and Combined Data
  • Terms & Glossary

3. General Information

  • The Regulator
    • Registration of Operators With Sublicense
    • Application for an Online Gaming License

4. Requirements and Conditions for Obtaining a License

License Conditions

  • General Prohibitions
  • Safe and Secure Environment
  • Equipment and Application Software
  • Player Registration
  • Payment Transactions
  • Games
  • Terms of Use
  • Resolution of Complaints
  • Administrative Responsibilities
  • Publicly Available Information
  • Reports
  • Policies and Procedures
  • Suspension and Revocation of License
  • Additional Conditions
  • Supervision

Recommendations or Minimum Requirements for the Business Plan

5. The Cost of the License

6. Decision Term and the Validity of the License

7. Application Method and Forms

8. Contact Information

9. Companies for Registration and Licensing

10. Integration Companies

11. Suppliers and Vendors

12. Payment Systems

13. META

14. Appendix: Terms & Glossary

For more information about this report visit researchandmarkets.com/r/izeo6g

 

Continue Reading
Advertisement
Alpha Affiliates
Advertisement

EveryMatrix

Advertisement

Launch your iGaming business swiftly and effortlessly with our comprehensive turnkey solutions

Advertisement
Stake.com
Advertisement
xbit4.com

Trending (Top 7)

Get it on Google Play

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.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.