Before you jump in and start playing, it's important to get to grips with the payment methods on the bingo sites you'll be using.
Bingo sites have massively grown in popularity and they continue to do so, which means there needs to be quick, safe and effective ways to make payments. Depositing and withdrawing funds has never been easier, so that deposits can be made almost instantly in order to help you carry on playing without any time delays.
There are traditional ways to pay and also newer methods that have been introduced as general payment options have changed over time and become more digitized.
Here are some key factors to look out for when you're considering how to make payments:
Not every bingo website you visit will have the same payment methods, so it's worth checking out what they offer before you use it, making sure it suits your needs and preferred way to deposit funds.
On some bingo sites the minimum amount you can deposit might vary based on the payment method. For example, if the min deposit is £5, it might be that for a certain payment method it will actually be £10 - take note of this if you have a certain amount you're aiming to spend.
Let's take a look at the various different payments methods you can use to deposit and withdraw funds when playing bingo.
Debit Cards - This is the most popular and common form of payment on bingo websites and all bingo platforms will enable players to use a debit card to make transactions. This is a useful method as you cannot overspend on your card, as it will not allow you to make payments when your account does not have sufficient funds. Maestro, Electron, or Visa Debit are the most well-known types of debit cards.
Mobile Banking - Mobile Banking has rapidly grown in popularity over the last few years because of the advancement in smartphone technology. A large proportion of players are playing bingo using their smartphone, instead of other devices, so it's a popular payment method. There are several different ways to pay via smartphone and they can include different processes, which makes it important to check terms and conditions:
Bank Transfer - You will be able to make a bank transfer on any bingo website you visit. It's simple to do, you usually don't need to create an account and can transfer online or by telephone. However, funds can take much longer to clear with this method. And fees can also be attached to transfers.
BitCoin - Some newer bingo websites enable BitCoin to be used to make payments. The nature of BitCoin's peer-to-peer functionality means that payments can be made faster and cheaper than other methods. There are no additional fees and transactions are anonymous. BitCoin is bought and put into a wallet which can then be used with your bingo account. It's a viable way to make payment transfers but keep an eye on what your BitCoin are worth.
eWallet - eWallets are an easy and simple way to deposit funds, in a private way. It's very secure, as no financial information is visible. You will need to open an account with the eWallet vendor of your choice, such as PayPal, which then acts as a middle-man or intermediary between you and the bingo website, ensuring secure transactions.
Pre-Paid Cards and Vouchers - There are also various pre-paid cards that can be used on most bingo websites. They provide a level of security and privacy for players, often requiring product codes to activate them, such as a 16-digit code for PaysafeCard. Buy them from an outlet and they can be used online.