Casino Payment Software Providers
A major concern most online casino gamblers have is making payments into their accounts. While some worry about protecting the privacy of their personal information, others feel uneasy about being charged hidden fees that they didn’t bargain for. At the same time, there are gamblers who are apprehensive about the complexities of payment processes.
We understand these are all reasonable concerns. So, we have prepared this article to highlight some best casino sites for payments and gambling payment providers in the USA. You will also get a detailed breakdown of how casino payment processing works.
Best Casino Sites
The best casino sites in the industry have had years to fine-tune their payment processing services, partnering with top payment software providers. All to ensure you’re offered payment methods that are safe, easy, and well-regulated.
A vital feature of a top casino site is the variety of payment software providers and methods they offer users.
We advise you choose gambling websites that offer a variety of payment methods as well as different currency options for payments.
Find some of our best casino sites, with their payment software providers and methods, below.
|Casino sites||Payment Software Providers||Other Payment Methods|
|Wild Casino||Visa, Mastercard, NETELLER, Skrill||Bitcoin, Bitcoin cash, Echeck, Ethereum, Litecoin, Ria, Ripple, Stellar, Wire Transfer, QB Direct, Money Orders, Cashier’s Check, Person2Person, Book2Book|
|Las Atlantis||Visa, Mastercard, Neosurf||Bitcoin, American Express, Bank Transfer, Discover, Ethereum, Flexepin, Litecoin, Tether|
|Lucky Red Casino||Visa, Mastercard||Bitcoin, American Express, Bank Transfer, Binance Coin, Bitcoin Cash, Discover, Ethereum, Litecoin, Tether, Courier Cheque|
|BetUS Casino||Visa, Mastercard||Bitcoin, American Express, Bitcoin Cash, Ethereum, Litecoin|
|Red Dog Casino||Visa, Mastercard, Neosurf||Ethereum, Bitcoin, Flexepin, Litecoin, Tether, CDS|
|Ignition Casino||Visa, Mastercard||Litecoin, Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, Vouchers, MatchPay|
|Bovada Casino||Visa, Mastercard||Bitcoin, American Express, Bitcoin Cash, Check by Courier|
|Grand Rush Casino||Visa, Mastercard||Bitcoin, American Express, Ethereum, Litecoin|
|Drake Casino||Visa, Mastercard||Bitcoin, American Express, Bitcoin Cash, Ripple, Bank Wire, QuickCash|
Who Are Gambling Payment Software Providers
Casino payment software providers for USA players are third parties that bridge the banking gap between casinos and gamblers. They help casinos accept payments from their users by linking them with broader financial infrastructures. They provide casinos with merchant accounts and payment gateways, which helps them manage and collect their payments quickly and efficiently.
How Does Payment Processing Work
Payment processing looks simple on the surface, but a lot of work happens underneath. When you make a payment at a portal, it might seem only to take a few seconds (or minutes in worse-case scenarios); however, the process behind each casino payment platform is pretty intricate. Here’s how it works.
When you attempt to make a payment with your debit/credit card or other digital methods, you are first connected to a payment gateway. A payment gateway reads your payment information and transfers the details to the casino’s bank account provider. Next, the casino sends an automated request to its payment processor to authorize the transaction. This authorization is done by verifying your identity, availability of funds in your account, and other preset parameters.
After that, your bank will either approve or reject the transaction. If approved, the arranged amount will be transferred by your bank from your account to that of the casino. A message showing the successful transaction will be sent back to the payment gateway, which is then displayed on the casino site.
Top Casino Payment Software Providers
Most casinos are very particular about choosing the right payment software providers. This is important because they have to ensure that their users’ financial information is secure. Here are the top online gambling payment providers in the USA.
Mastercard & Visa
Mastercard is one of the most trusted online payment methods in the world, not just at casinos but also in other organizations. Mastercard is the perfect option when you want to deposit and withdraw securely. When users are worried about having their financial information compromised, Mastercard is a sure payment method to mitigate any potential risk.
Mastercard has been in business since 1966 and has gained the trust of users all over the world, including gamblers.
Visa is a commonly used payment provider by all types of merchants. With over 1.5 billion Visa cards in circulation across six continents, Visa has made a name for itself as a trusted financial service company. It has been around since 1958 and charges a low transaction fee to merchants and players.
NETELLER is known for its simplicity and ease of use. It is one of the most well-known payment platforms for casinos for making online casino transactions. NETELLER’s platform is safe and fast, with transactions often taking only seconds to complete. It also handles currencies from various countries, such as Hungary, Sweden, and Mexico. This means as a casino player in the US, you can use this payment option even while on vacation.
Play+ is one of the commonly used gambling payment providers in the US for depositing money in casinos. It is backed by the Federal Deposit Insurance Corporation (FDIC) and lets you deposit into your casino account with zero fees. Play+ is a fast and secure payment method for depositing in online casinos, sportsbooks, and their land-based counterparts.
PayPal is one of the most famous payment providers in the world. It services over 200 countries worldwide and processes payments from up to 26 currencies. Using PayPal at online casinos is a fast and simple way to deposit and withdraw money from your account without needing to register a debit card.
Amazingly, PayPal also offers other payment solutions, not just its own. However, it doesn’t have an integrated checkout page. This means that whenever you want to make a payment via PayPal, the casino site will redirect you to the PayPal page to complete your payment.
Skrill, formerly called Moneybookers, is an e-commerce company that facilitates the payment of money through the internet. It is an e-wallet that allows you to make transactions in 40 different currencies and is available in over 200 countries. Most top casinos accept Skrill payment, and since it is a secure casino payment software provider, you can get on board with it.
Xpate is a fintech company that provides casinos and other businesses with a single solution that unites all their desired payment methods. This removes the problem of finding multiple payment processing partners by casinos. Xpate is all about speed, simplicity, and facilitating a wholesome user experience.
Praxis is a payment tech with vast knowledge in eGaming, iGaming, Crypto, and many more. It is a connector between payment service providers and casinos, and one of the world’s most highly secure compliant platforms, handling all incoming and outgoing payment data for its clients.
Neosurf is gradually becoming a popular gambling payment platform for players in the US. It is a prepaid payment service that allows users to pay online using cash. With Neosurf, you do not have to use a credit/debit card or disclose your personal information. Deposit can also be made instantly.
Zimpler is a pay-by-phone payment method that is convenient for casino players. It allows you to deposit with your mobile device by linking your bank card to your phone number. Zimpler was launched in 2012 and has since become a favorite among some casinos in Europe and US.
All you need to do is input your number on the casino site you’ve chosen.
The site will automatically generate an anonymous code for you, which you can use to credit your account.
Money Matrix understands that the need of all merchants is to make payment simple, and the need of players is to use payment methods that are safe and secure. And so, Money Matrix has leveraged years of experience to help online casinos securely and successfully manage their financial operations.
Finductive is a financial institution that merges online banking and payment services. They offer casinos advanced payment options, technical gateway solutions, and multi-currency payment accounts, allowing them to focus more on their players and less on payment processing.
Unlimint offers casinos the ability to receive payments in multiple ways, including credit & debit card processing, cash payments, cryptocurrencies, mobile banking methods, and more. The casino payment platform founded in 2009 and has since been helping casinos and other businesses with innovative banking solutions.
Western Union Business Solutions
Western Union business solutions are one of the oldest money transfer services in the world. It provides a safe way to send and receive money globally. With over 500,000 Western Union agents located worldwide, you can see why casinos allow players to deposit and withdraw money using this means.
Gate2way is the financial hub when it comes to high-risk businesses. The casino payment software provider allows casinos to choose what banking methods or processes best fit their clientele. So, with Gate2way, casinos can offer their players different payment methods, including bank transfers, e-wallets, cash payments, vouchers, and more.
Payment Problems Faced By the Gambling Industry
While the gambling industry is all out to cater to its patrons by providing security and fast means of making payments, it has not had an easy time doing so. From the vexing issue of fraud to chargebacks, we look at three critical payment problems faced by the gambling industry.
Fraud is a huge concern for players but also for gambling houses too. As online gambling becomes more popular, more people access it, increasing its vulnerability to fraud.
Stolen identity is one of the biggest threats facing casinos and gamblers, as fraudsters use other people’s identities to conduct transactions.
Fraud presents a considerable problem to casinos because one case of a defrauded customer can cause a loss of new and existing users. As a result, casinos must put measures in place to protect players, which undoubtedly will cost significant amounts of money.
Customers’ reasons for chargeback requests are fraudulent payments, non-receipt of services, and dissatisfaction with provided services. When users do this, they are liable to be paid their money if they can prove their claim. If casinos cannot dispute chargeback claims and identify friendly fraud, they will keep paying chargebacks. And the more chargebacks they pay, the more their reputation and profit are impacted.
- High Risk.
Casino payment software providers consider gambling sites to be high-risk businesses for several reasons, including fraud, high turnover, high chargebacks, money laundering, and age restrictions. Because of this, it can be a hassle for casinos to get payment processors to partner with them. Hence, casinos must seek payment companies that support gambling to help them reduce risk and enhance their data security.
Why Is It Difficult for Casinos to Get Payment Platforms
Casinos most times struggle to get payment platforms to handle their transactions. Some financial services find it difficult to partner with casinos due to the following reasons:
- Heavy website traffic.
- Higher-than-normal chargeback requests.
- Risk of fraud and money laundering.
- High turnover volume.
- Market regulations.
These reasons, amongst others, make gambling companies high-risk businesses, making it quite difficult for casinos to get payment platforms willing to work with them.