Think carefully about your online casino deposit option

Once again our newspapers are reporting a rise in the number of individuals are being affected by identity theft. Regular visitors to onlinecasino.ie will know that we have a particular interest in advising potential new online casino customers on the best way to fund playing casino games at an online casino, and this topic is also very relevant when it comes to protecting ourselves from potential internet fraud. All the online casinos offer us a wide range of deposit options, including credit cards, debit cards and e-wallets, but there is no doubt that some of these options are better than others, both from the point of view of cost and personal security. Again regular readers will know that we never recommend using a credit card as an online casino deposit option for two very good reasons. First and foremost using a credit card to fund playing casino games is effectively gambling with borrowed money, which is never a good idea, but it is also expensive. Almost all the banks will apply a surcharge of up to 2% on any credit card transaction involving gambling, and interest will be charged from day one because it is considered to be a cash transaction. A debit card on the other hand will usually not cost you extra money, but it does reveal your bank details and although the major online casinos all have very rigid security measures in place, it is a risk. By far the best online casino deposit option is an e-wallet such as Pay Pal. All the major online casinos will accept deposits from a Pay Pal account, and there will be no extra charges even if you choose to fund the Pay Pal account using a credit card. The most significant advantages of opening a Pay Pal account to fund playing casino games online though are that your bank will not know what you are using the account for, and the online casino will have no access to your personal banking details. These two factors alone make a Pay Pal account or an alternative e-wallet by far the best deposit option.