When we talk about the payment methods of an online casino we refer to the options that users have to deposit balance in their player accounts and withdraw the winnings from said accounts. That is why it is said that there are deposit methods (deposit money) and withdrawal methods (withdraw money). The same payment method can be deposit and withdrawal or only serve one type of transaction. The General Directorate for the Regulation of Gambling does not specify how many payment methods an online casino must offer or their variety. Each casino operator has absolute freedom to offer the payment methods that best suit the needs of their clientele as long as they are limited to what the DGOJ indicates.
As there may be significant differences between some methods and others, it is convenient for players to know the characteristics of the most popular payment methods in the casino market so that they can select the ones that suit their expectations. Also, remember that there is no perfect payment method as they all have advantages and disadvantages. One of the advantages of having so many payment methods available to Spanish players is that each user can select the deposit or withdrawal method that best suits their needs or expectations. For this reason, before selecting a payment method in an online casino, the following must be taken into account:
Normally online casinos impose daily minimum and maximum limits to make deposits or withdraw winnings according to the selected payment method. There may also be weekly and / or monthly limits.
* Some payment methods have fixed or variable fees depending on the amount to withdraw or deposit.
* Certain payment methods can be used both to make deposits and to make withdrawals; while others only allow one type of transaction.
* To promote certain payment methods, it is common for online casinos to offer special offers in the form of a bonus if a specific deposit or withdrawal method is used.
* Only payment methods that follow the guidelines of the Directorate General for the Regulation of Gambling are required.
* Some players recommend opening an account in an electronic wallet and using it only for making deposits and withdrawals at online casinos.
* Whenever possible it is preferable not to share bank details with the casino operator. Although if the casino operator is approved by the DGOJ, it means that it is a safe and reliable online casino.
* The best online casinos offer payment methods that include debit and credit cards, bank transfers, electronic wallets and even cash.
* If you don't want to wait hours or days for the transaction to complete, select instant payment methods.
* There may be significant differences in the processes of the different payment methods that exist in the Spanish market.