What’s the difference between a credit card and a debit card? A prepaid virtual card and an e-wallet provider? A bank draft and a bank transfer? I found this all very confusing, and so set out to find out a little about all the different types of payment methods available; here’s my overview:
MasterCard: a credit card; it’s as if you’ve paid the money now, but you don’t actually pay it until your credit card bill comes at the end of the month where you will see the payment usually under the casino’s financial partner’s name.
Visa: Credit card, see MasterCard.
Delta: Debit Card under the Visa umbrella; a debit card takes the money directly from your bank account.
Visa electron: Either a debit card or a credit card depending on how a particular bank issues it. Not available in USA, Canada or Australia.
Neteller: Set up an account, pay into that account from your bank, credit card etc., and use that account to pay into online accounts such as your casino account. It acts as an in between man between you and your casino so your casino doesn’t have your bank details. Your Neteller account can be in a...
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