Online casinos do a lot to make it as convenient as possible for customers to deposit money with them. That is why some online casinos now also offer payment by direct debit. Of course, this requires that there is a high level of trust between the online casino and the player.
What are the advantages of online casinos with direct debit?
When depositing by direct debit, the biggest advantage is of course that the player does not have to worry about anything. He simply enters his bank details, confirms that the online casino may collect money by direct debit and the money is credited directly to his gaming account. Afterwards, he can start playing directly with the Play begin or continue.
There is hardly a payment method in the online casino that is easier and faster to use. Customers do not have to use any other payment service providers and can more easily track how much money they have won or lost in the online casino in their account statement.
Especially for payouts, payment by direct debit can also be a great advantage. Most online casinos prefer to pay out by bank transfer. Those who have already verified their bank details can expect a faster payout. In addition, they do not have to withdraw money to two different payment methods, as is sometimes the case when depositing with a credit card. This is the case, for example, if the payout amount exceeds the deposited amount. Winnings in particular are therefore easier to withdraw when depositing by direct debit.
The advantages of direct debit at a glance
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What are the disadvantages of online casinos with direct debit?
There are two main disadvantages to paying by direct debit. Firstly, the online casinos must without question be operated by reputable companies and must also offer the technical security to hand over such sensitive data and permissions. In any case, customers must make sure that the online casino has a licence within the EU and transmits all data in encrypted form.
On the other hand, a debit authorisation can become a problem especially for players who already show problematic behaviour. They can quickly gamble away more money than they had actually planned, since the next credit is only a mouse click away. In addition, they can overdraw due to the time difference.
How do online casinos with direct debit work?
Casinos with direct debit do not usually allow you to use this payment method directly. First, they usually request the account data and transfer a small amount of a few cents, specifying a code in the subject line. The customer must then enter this code in the online casino and thus verify his account details. They can then pay money into their account by direct debit. At the beginning, players have to allow for some time, but after that direct debit at the online casino works without any problems.
What alternatives are there to direct debit in the online casino?
Most Online Casinos offer far more than one payment method, which can definitely be an alternative to direct debit. Many online casinos refrain from offering deposits by bank transfer because the processing time is long and the effort is relatively high. Alternatives in this area, however, are Giropay and Instant bank transfer offered, which enable direct crediting. Here, too, customers do not have to register for a new payment service provider, but can carry out the payment processing via their online banking.
Other options are e-wallets. These can also be given permission to deposit money by direct debit so that this does not have to be approved by several providers. Common providers that allow deposit in the online casino are PayPal, Neteller and Skrill.
Other alternatives are Credit cards such as MasterCard and Visa. Also the Paysafecard can be useful for payments in the online casino. As a credit card, it is in principle the exact opposite of a debit authorisation.
Conclusion: Direct debit in the online casino
The direct debit procedure is rarely used. Online casinos are usually located outside of Germany, which of course makes it more difficult anyway. The payment alternatives have therefore become much more established in online casino payments than direct debits.
FREQUENTLY ASKED QUESTIONS
Direct debit offers fast processing, verified data for withdrawals, no need for external payment service providers, easy traceability via account statements and a user-friendly procedure for deposits and withdrawals in online casinos.
The main disadvantages of direct debit include the need for a reputable and secure online casino and the potential for problem gambling due to easy access to additional funds and the risk of overdrawing.
Alternatives to direct debit are bank transfer via Giropay or Sofortüberweisung, e-wallets such as PayPal, Neteller and Skrill, and credit cards such as MasterCard and Visa. In addition, the Paysafecard can be used as a prepaid option.