So how do you know which payment methods are the best for funding your online bingo gaming? Does choosing a safe payment method automatically mean your money will be in safe hands? In this article, we’ll take a look at the top bingo payment methods along with recommended sites that offer them. You’ll also learn which are the fastest, slowest and safest payment methods, so you can enjoy your game of online bingo with confidence!
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What Payment Methods Can I Use for Online Bingo?
Most of the bingo sites you’ll find online today offer a wide range of payment methods to choose from, including debit cards, ewallets, bank transfers and mobile payments, giving you the option to pick one that you’re already familiar with. Below you’ll find some of the most popular and safest payment options for funding your online bingo gameplay. Remember, though, that payment methods are only half the story.
To ensure a safe experience, choose an online bingo site that is fully licensed by a reputable and well-known authority such as the UK Gambling Commission. That way, if you run into payment problems, you have somewhere to turn. Let’s check out those popular bingo payment methods:
Debit Cards
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Perhaps the most traditionally popular way of funding your online bingo account is by using a debit card. Tied to your bank account, a debit card allows you to make payments both online and offline without having to remember or reveal your bank account number.
Transactions are controlled by the secure systems and servers of well-known payment service providers such as Visa and Mastercard, which operate on a global scale.
- Extremely popular
- In operation for many years
- Accepted at all online bingo sites
PayPal
Several ewallets are accepted at most online bingo sites, with PayPal being the most popular. PayPal lets you fund your bingo account without the need to reveal any sensitive card details that may be leaked or hacked during the transaction process, giving you an extra layer of security.
Accessible entirely online, PayPal lets you add multiple payment methods such as debit cards, bank accounts and, more recently, crypto wallets. To make payments using PayPal, you simply choose that as your payment option, enter your PayPal login details when prompted and confirm the transaction.
- Very popular ewallet
- Fast transaction times
- Extra layer of security
Pay by Mobile
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Not to be confused with the parking payments app, Pay by Phone Bill is the mobile-friendly payment option that lets you use your existing mobile phone contract or pay as you go plan as your source of funds for topping up your bingo account balance.
Since many online bingo sites are also mobile-friendly, it makes sense to offer players the ability to make deposits using just their smartphone. All you need is your mobile phone number and your deposits will be deducted from your PAYG balance or added to your mobile phone bill at the end of the month.
- Quick, easy and mobile-friendly
- No separate site to join
- Secure
Neteller
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Neteller is another well-established ewallet that many players use instead of PayPal to fund their online bingo gameplay. Similar to PayPal, Neteller offers members the ability to add multiple payment methods to their account, including debit cards and bank accounts, without the need to reveal sensitive data to the website you’re spending money at. Neteller has been running since 1999 and operates on a global level.
- Established in 1999
- Extra layer of security
- Top choice for gambling transactions
Skrill
Owned by the same company that operates Neteller, ewallet Skrill was launched back in 2001 and works in a similar way to other digital wallets. Members can add funds via debit cards and bank transfers, then use their Skrill account as a third party payment system to make online purchases without revealing sensitive data.
Skrill also offers perks for regular users, such as better conversion rates and lower fees. In some locations, Skrill members can also receive a prepaid debit card for offline payments and account access via ATMs.
- Popular ewallet
- Established in 2001
- VIP programme
Paysafecard
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Launched in 2000, Paysafecard is a way for players to top up their casino accounts while keeping a separation between their main account and their online account. Paysafecard effectively allows you to use your bank account to pay for things online but without using your own card.
This card is easy to purchase and gives players an extra layer of security on top of your own banking security. This option allows players to deposit quickly and easily using a prepaid amount.
- Limited deposits, great for managing your bank roll
- Can be bought from over 600,000 points of sale
- Available in over 40 countries
Trustly
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Launched in 2008, Trustly is the open banking payment service that many ewallets and merchant sites use for their transactions. Trustly effectively allows you to use your bank account to pay for things online.
The brand revolutionised the online gambing industry from 2016 by allowing players to have an alternative to the standard Know Your Customer security protocols by instead verifying data via members’ bank accounts, referred to as Pay N Play. This option allows players to sign up, deposit and start playing right away.
- Enables Pay N Play quick signup
- Connects directly to your bank account
- Two-factor authentication for payments
Boku
Boku is another very handy mobile payments service that allows users to make online purchases using just their mobile phone number. An SMS is sent to the user asking them to confirm the transaction, to which a Y for yes is entered in reply.
The payment amount is then added to the mobile phone bill at the end of the month. Boku is one of the largest mobile payment services in the world, with more than 28 million active monthly users.
- Largest mobile payments network in the world
- Uses just your mobile phone number
- Accepted at a variety of online merchant sites
Klarna
Established in 2005, Klarna started life in Sweden as an online payments service provider before expanding to cover Scandinavia, most of Europe and the US. Klarna has been classed as one of Sweden’s ‘five unicorns’, with the others being popular companies Spotify, Mojang, Skype and King.
Klarna is perhaps best known for its Buy Now, Pay Later service, which introduces credit options at checkout, but it’s important to note that this particular service is not permitted as a payment option for gambling within the UK. You can still use Klarna’s direct banking payment option for your online bingo account funding, as long as it is allowed by the site.
- Launched in 2005
- Popular payment method
- Fast payments through direct banking
Apple Pay
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If you have an Apple device such as an iPhone or iPad, you can use Apple Pay to make payments both offline and online. Apple Pay allows you to add payment methods such as your debit card so you can use contactless terminals to pay for things in shops. Online, Apple Pay works as an intermediary, much like ewallets, allowing you to make purchases or add funds to your online bingo account without the need to reveal sensitive card details.
- Mobile-friendly payment service
- Extra layer of security
- Added authentication via Touch ID and Face ID
How to Deposit at Online Bingo Sites
Once you’ve picked a reputable and safe online bingo site at which to play, you’ll need to add funds to your new account in order to buy your bingo tickets. Making your first deposit at an online bingo site might seem a little daunting, but don’t worry, it’s very quick, easy and safe. Just have your preferred payment method details handy and follow these 4 simple steps:
- Log in to your online bingo account and visit the Cashier or click Deposit
- Choose your payment method
- Enter your deposit amount and any other required details
- Click to proceed with your deposit
Once you’ve clicked that final deposit button, your bingo account balance should update to reflect your newly added funds. This usually happens instantly but in some cases it can take a few minutes. Once you see your newly deposited funds in your account balance, you’re ready to buy some bingo tickets and start daubing!
Fastest UK Bingo Payment Methods
Not all payment methods are created equal, which is one of the reasons there are so many to choose from. When it comes to online gambling transactions, most people want a payment method that works quickly, which is understandable. After all, who wants to wait several hours to play that exciting game of bingo?
Luckily, there are some payment methods that offer much faster transactions than others. That equates to much quicker deposits and a much shorter withdrawal time, which is all round great news for online bingo players! So which payment methods are the fastest?
Generally, choosing one of the ewallets mentioned above is your best bet if you want faster deposits and speedier withdrawals. PayPal, Skrill and Neteller are top choices with today’s savvy online bingo players. Other speedy payment methods worth considering are Trustly and the mobile payment options such as Apple Pay, Boku and Pay by Phone Bill.
Slowest UK Bingo Payment Methods
Just as there are some payment methods that are faster than others, some options can have you waiting longer than you’d like. While we’re obviously not going to recommend you use these payment methods, it is handy to know which are the ones that you might be better off avoiding.
Generally, although they are usually the most popular payment options, debit cards tend to present players with the longest waiting times. Deposits tend to be fast but withdrawals can take several days to arrive in your account, which isn’t ideal.
Some bank transfer withdrawals can also take a few working days to arrive, but if your bank offers the swift Faster Payments option, you’ll get your withdrawn funds within 15 minutes or so!
Safest UK Bingo Payments
All of the payment methods featured on this page offer extremely high levels of security, making them very safe options for funding your bingo gameplay. You can make extra sure that your experience is a safe one by choosing your bingo site wisely, ie. picking one that is properly licensed and approved by a respected industry authority like the UK Gambling Commission.
Look for the site to have clear cookies and privacy policies, so you understand how your data is collected and used, as well as detailed T&Cs that explain the brand’s and your responsibilities. All transactions should be protected by the latest 128-bit or higher SSL digital encryption technology, indicated by the padlock in the address bar.
Safe and Secure Payment Methods
Payment methods are only as secure as the lengths we go to to keep them that way. For example, you must only use a payment method that is registered in your own name and don’t use anyone else’s.
Never share your payment details with anyone and if you suspect someone has managed to get hold of them, let the online bingo site and your payment service provider know right away so you can nip any problems in the bud. It’s worth only using payment methods that offer their own layers of security.
Debit cards offer additional legal protection for if your details or payments end up in the wrong hands, as do many banks. Some payment methods allow you to implement extra authentication measures such as face identity or fingerprint checks to ensure that it’s you who’s making the transaction and not someone else.
Final Thoughts
Money matters and you are right to want the best in security and safety measures when it comes to funding your online bingo gaming experience. You’re also right to want a payment method that allows you to make fast deposits and get your withdrawals in a timely manner too, especially in this day and age of instant everything!
Now you’re fully clued up regarding which payment methods are available to you, which ones are the fastest and which ones are the safest. Just remember to be safe when making online transactions by never sharing your details with anyone and never letting anyone else use your payment methods.
Also remember to choose a reputable and trustworthy online bingo site at which to play, such as those carefully vetted and thoroughly scrutinised by us right here on this site. Pick wisely and you’ll be able to join, deposit, play and withdraw your winnings as quick as you like!
There are loads of online bingo sites operating these days, all of which offer you the opportunity to buy bingo tickets to play. The trick is picking a good one, which is where Online Bingo City comes in!
Safety starts with picking a reputable and trustworthy brand to play with. They should be fully licensed by an industry authority such as the UK Gambling Commission and offer at least 128-bit SSL digital encryption technology to protect all player and transaction data. Make sure you only use your own payment methods to fund your bingo account and never share your details with anyone.
Yes, you can. All reputable UK online bingo sites must offer their players a range of tools to enable safe and controlled gambling. These tools include the ability to set limits on your gameplay, including how much you can deposit within a given timeframe and how much you can play.
In the UK, it is illegal to use any kind of credit to fund your online gambling. This includes credit cards and Buy Now, Pay Later services such as those offered by payment service providers such as Klarna.
Some sites implement withdrawal limits as part of their commitment to Anti Money Laundering practices. You may also find sites have a limit on how much you can withdraw using a specific payment method, with anything above that limit withdrawable via a different method.
Deposits usually arrive in your online bingo account instantly, regardless of which method you use. In the case of withdrawals, some payment methods process these faster than others. Withdrawals can arrive anywhere from instantly to within several working days, depending on the payment method you choose.
The most popular payment methods for funding online bingo gameplay tend to be ewallets such as PayPal, Skrill and Neteller as they offer an extra layer of security and fast deposits and withdrawals. Mobile phone payments tend to be next in line for the same reasons and are growing in popularity as a result.
