E-Wallet Casinos in the UK: Best E-Wallet Online Casinos in 2024
Finding the best E-Wallet casinos will improve your experience. Throughout this page we’ll highlight the top E-Wallet brands for digital transactions, explain payments and withdrawals at casino sites, and cover why this banking method can be trusted. Let’s begin by listing the top E-Wallet casinos, which offer the biggest range of options.
List of Top Casinos with E-Wallet by Category
- ?? 888casino ? Best eWallet Casino
- ?? Grosvenor ? Most Popular Casino Bonus
- ?? William Hill ? Most Famous High Roller Casinos
Everything You Need to Know About E-Wallet Casino Payments
E-wallets are extremely useful services. They have two main components: software and information. The software component stores all of your personal information online, and provides state of the art protection by securely encrypting your data.
The information component is a centralised database filled with your details. For example, the user’s name, address, bank account details and a history of payments made. The following section will go into more detail about how electronic wallets are used for funding online casino gambling.
Popular E-Wallets
As with any sector and when the need is identified, there will be an influx of start-up businesses formed in order to fulfil that demand. This was no different in the early noughties when the need for better, safer online payments proliferated. As far as the best casino E-Wallet goes, there are three standout services that I would highlight.
Neteller was founded in 1999, originally in Canada but has since relocated all of its offices to the Isle of Man. A year later, the company was responsible for processing 80% of the world’s payments to online casinos and sports betting companies. It has since fallen behind in this regard as the competition has improved but is still one of the key players in the market today.
Payz was founded a year later in 2000, and has gone to become one of the most secure payment systems in the industry, with Payz online casinos rapidly filling the market now.
Skrill was established in 2001, and has shown extraordinary growth since then, operating in nearly 200 countries and over 40 currencies.
There’s certainly no shortage of PayPal casinos, largely due to the confidence of casino operators and consumers alike. Founded back in 1998, going from strength to strength to become one of the top E-Wallet platforms.
How to Create an Account
E-wallets provide users with the ability to store multiple credit cards, debit cards and bank account information for making faster, more efficient payments online. All you have to do to set up an account is download and install the software on your device and fill out the relevant account information forms. You can store multiple card details on one account and edit or delete these profiles as you please.
Once set up, the user can make purchases or payments online. When the merchant or operator prompts you for your payment information, the E-Wallet will automatically add your details and all you need to do is fill in your password. Another great feature underpinning fast withdrawal casinos is the speed of receiving funds, reducing the waiting time for transactions to be completed.
Are There Costs to Consider?
As with any product, you should always be aware of the charges and fees associated with the service. There are four types of fees that I think you should know about before signing up for an E-Wallet service. The first fee is for sending money. This cost is generally pretty low.
Some E-Wallet merchants charge as little as 1% whilst others do not charge anything at all. The next fee is for receiving money. Again, this is usually pretty low, in fact, across my top three E-Wallet providers, this fee is completely waved and is free.
Most E-Wallets will allow you to transfer money internationally across currencies as well. Just make sure you look out for the currency exchange fee. This typically ranges between 3-5%, and inactivity fees may be enforced when you leave your e-wallet account dormant for a length of time.
This charge can be enacted monthly or yearly depending on the provider. However, you don’t have to worry about being charged fees by online casinos for using E-Wallets. Only Betfair currently takes a cut. Everywhere else, using E-Wallets at online casinos is usually free of charge.
What to Keep in Mind
Of course, any time you subscribe to a new service, there are various elements you must consider that will influence the type of provider you wish to use. One of the main conveniences that E-Wallets offer is the ability to store information from multiple bank accounts altogether in one place. No more need for five different debit or credit cards in the wallet. All that information can be stored and accessed on your computer or smart device.
- More convenient
- Faster transactions
- Very secure
- All accounts in one place
- Casino bonuses are rare
- Possible fees for sourcing account
- Not ideal as offline payment method
Another added benefit is the speed of processing payments. Whenever you want to make a deposit to your favourite casino, you will no longer have to enter your own payment details. All of your details are stored on the E-Wallet account and this will automatically be filled out on whatever payment form you have to use, saving you from the annoying task of taking out cards and typing out each digit of your long bank card number.
Also worth considering is the secure nature of E-Wallets. The providers invest millions of pounds each year into ensuring they deliver on their promise of state of the art software protection so that you can remain assured that your payment information is safe.
E-Wallet Casinos with Bonuses
It’s not completely uncommon for operators to offer bonuses to players who sign up to their casinos using specific payment methods. For instance, some online casinos offer specific bonuses for PayPal transactions. Unfortunately, this is not quite the case for other E-Wallet casino payments. Of course, the lack of specific E-Wallet casino bonuses shouldn’t put players off using them.
There are plenty of other welcome bonuses and other promotions available at every other casino, accessible by depositing using a variety of methods, including this one. E-wallets are secure and reliable, and you might not even be bothered about bonuses and promotions. However, if you’re interested in finding out more about bonuses, please refer to our page covering the best casino bonus offers in the UK, which is regularly updated with all the latest information.
E-Wallet Casino Safety
When trying to find best casino E-Wallet, it’s vitally important you take into account the safety aspects of both online casinos and the wallets themselves. These days, online casinos are kitted out with state-of-the-art security systems for protecting the player’s personal data online. Secure Socket Layer encryption, SSL for short, is considered an industry minimum for all operators. It is used to secure communication between players and the casino.
Always remember that all reputable casinos will have received a license from the UK Gambling Commision – the country’s regulator. If it holds a license, the casino is just as safe as using online banking or making a purchase at a major online retail merchant. Using E-Wallets provides a whole wealth of added protection to your online gaming experience.
When making a payment, all you need is your account log-in and password. All of your bank information will be masked when displayed and none of your confidential information will ever be shared with anybody apart from the card or bank processors. Even when you sign up with E-Wallet casinos, your card information is not shared with them. There are very strong identity verification procedures in place to ensure your account is fully protected.
‘Phishing’ emails and other online scams have continued to grow in recent years, so it’s integral that providers take action to protect players from fraud. Every E-Wallet provider posts extensive information to its customers on how to prevent fraud. Typical tactics include creating a very strong password, never sharing log-in information with anybody, and always ensuring all software and apps are up-to-date to guarantee you don’t miss out on any critical security patches or updates.
One of the great benefits of using E-Wallets is that they tend to be compatible with lots of different currencies. Making payments with multiple currencies is a viable option if it suits you. However, there is, of course, one thing you need to keep an eye on: the fees for currency exchange. These fees will vary across the different providers but, in general, they range between 3% and 5%, which is sometimes less than what you’d get from your average bank.
Many providers have now introduced real-time transaction monitoring to their security arsenal. For example, Neteller has recently introduced 3D Secure technology which is supported by Visa and Mastercard. The feature uses Three Domain and SSL technology to issue a password that must be validated by the user and further checked by all the parties involved in the transaction. This standardised method of performing transactions online benefits the cardholder, merchant and the banks.
Are E-Wallet Casino Payment Methods Common?
There is no doubting the steady push towards E-Wallets across the whole world wide web. With more and more people making online payments every day, it was only a matter of time before the casinos started accepting them. And just so, E-Wallets are perfect for players who deposit regularly and want to avoid the hassle of manually entering their card information every time.
All of the top best casino sites in the UK feature at least one E-Wallet casino payment method. The newer payment methods have come so far that online casinos such as NetBet are even starting to accept payments via Bitcoin.
Withdrawal Limits to Accommodate Your Play Style
It’s very important to distinguish between deposit and withdrawal methods on casino sites. Whilst most operators will accept E-Wallets for deposit payments, not all of them will transfer withdrawals to you via this method. However, there are some who do.
Ladbrokes offers withdrawal payments via Skrill and Neteller with very favourable limits. Also, these limits may vary depending on the casino and the particular provider you choose to use.
- High payout rates
- 8 E-Wallets Accepted
- Favourable Limits
Ladbrokes also has one of the broadest selections of E-Wallet casino payment methods with over ten different methods to choose from. In addition to this, they also feature a fantastic games selection operated by world class software provider, Playtech, and feature one of the biggest welcome bonuses in the market today, coming in at a whopping ￡500.
Mobile Use
As more and more players are wanting to play casino games through their phones, it has become absolutely imperative these days for electronic wallets to be handled through your phone. Fortunately, many of the top E-Wallet providers have their own dedicated apps for this. Both Skrill and Neteller feature free to download mobile apps which are compatible with most devices.
Trusted E-Wallet apps operate seamlessly with most mobile casino operators, meaning you can deposit and withdraw funds just as easily as you can on your computer. If you are interested in using your phone to fund your gaming at online casinos, we have a page dedicated to Pay by Phone Casinos with more information.
Company Information and Comparison of Services
As I have highlighted throughout this page, there are three main providers that I would place my hat on. The first one I will talk about is Skrill. Founded in 2001, Skrill originally began life as moneybookers.com and has steadily grown over the last two decades to become one of the biggest digital wallet providers behind PayPal. Recent reports suggest an annual revenue of around 350 million US dollars.
Neteller previously belonged to the top players list, but suffered losses when it was forced to exit the US market in 2007. The product has remained strong and is a powerful force in the online casino market scene. Payz is certainly not as well-known as Skrill and Neteller, mainly due to lack of availability in some markets, but has recently done some stellar work to improve its product and has gradually expanded into the online casino market.
As more and more casinos start to accept Payz, I foresee it becoming a growth contender over the coming years. All three providers offer two-step authentication, free mobile apps and a cashback programs. Payz users enjoy the highest cashback program of the three (0.6%-1%) compared with Neteller’s (0.45-1%) and Skrill’s (0.3%), but as mentioned before, it lacks the market coverage of the other two.
| Skrill | payz | Neteller | |
|---|---|---|---|
| Founded | 2001 | 2000 | 1999 |
| CEO | David Sear | Phil Davies | Joel Leonoff |
| Head Office | London | Seoul | Isle of Man |
| Fees for Sending Money | 1% up to ￡10 max | 0% – 7.0% | Free |
| Fees for Receiving Money | Free | Free | Free |
| Charge your Account via Credit Card | 1.90% | 1.69% – 2.90% | 1.9% – 4.95% |
| Charge your Account via Bank Transfer | Free | Free | Free |
| Charge your Account via Other Methods | 1.9% – 5.5% | 0% – 7.0% | 0% – 9.9% |
| Fees for Currency Exchange | 2.99% – 4.99% | 2.99% | 2,95% |
| Inactivity Fees | ￡1 (or equivalent) per month after 12 months inactivity | ￡1.34 per month after 12 months inactivity | Up to ￡30 per year after 14 months inactivity |
Of course, as the E-Wallet casinos market continues to grow, I would expect more major players to emerge in the coming years. As more competition grows, the providers will be forced to get creative, resulting in either better final products or cheaper access for customers, which ultimately spells better times ahead for all of the casino players.
E-Wallet Casinos in a Nutshell
Fortunately, players searching for E-Wallet options have plenty of choice at reputable online casinos. Just remember some of the key aspects for evaluating the best E-Wallet casino for you.
Make sure you are happy with the safety and security features from the provider and that you are comfortable with the accompanying fees that come with the service. Then switch attention to the individual casino site, making sure it accepts your chosen provider, offering deposit and withdrawal limits that suit your playing style.
Questions and Answers
What is the best online casino for E-Wallet payments?
We don't just have one 'best' E-Wallet casino, we have a list of the best E-Wallet casinos. They are all exceptional online casinos that allow you to make payments using leading E-Wallets such as PayPal, Neteller and Skrill.
What is an E-Wallet?
An E-Wallet is a payment service that allows you to make digital payments to online retailers, including casinos. Here, you can read more information about E-Wallets including how it works and how to make an account.
How do I choose an E-Wallet for online gambling?
Each different E-Wallet has its own pros and cons that may be relevant for how you use it. We have created a comparison table for the features of Skrill, Payz and Neteller to help you analyse the services.
Do I need an E-Wallet for matched betting?
No, you do not need an E-Wallet to participate in any online gambling actions. The E-Wallet is just one of many financial service options that you can use, which depend on what options an operator has available. Of course, E-Wallet payments are common for all types of bets.
What gambling E-Wallets do you recommend?
There are three major E-Wallets that we recommend for players to make online casino payments, which are Skrill, PayPal and Neteller. Each has different E-Wallet features that may suit your needs over another.