Ad Disclosure
Best Online Casino Payment Methods for Fast Payouts
By Drew Ellis
Published:
As online casinos around the US continue to add more payment methods, it’s good to have a sense of which ones are the most efficient.
When you score a big win, you want to get the fastest payout possible to enjoy your winnings. But, not all withdrawal methods come at the same rate.
Let’s break down which the best payment methods are to get your withdrawal as quick as possible.
PA Online Casinos With Fast Payment Methods
If you’re looking for a Pennsylvania online casino app that provides fast payment options, there are plenty available.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
What Payment Methods Are Available Online
Before we make note of the fastest payout options, it’s good to cover all the different payment methods that are currently available through online casinos.
Debit Cards
A common payment method is debit cards, particularly Visa and Mastercard in the US. These payments go directly to your bank account through the card.
Credit Cards
Similar to a debit card in the payment process, but different in that these transactions use credit as opposed to direct funds from a bank account. Fewer online casinos are accepting credit cards and none will allow you to make a withdrawal to a credit card.
Online Banking
Most online casinos use Trustly as a way to directly connect your bank account online to your iGaming profile. This cuts out the need for a debit card and goes to the bank directly.
eCheck/ACH
What many companies use for direct deposits through Automated Clearing House. This is an electronic check option that can be used for deposits and withdrawals.
Bank Wire
While most online casinos accept bank wiring for deposits and withdrawals, the amounts typically need to be large and there’s added levels of processing to go through. So, a bank wiring option is definitely not among the fastest payment methods.
Apple Pay
One of the fast-growing options for payments online is the Virtual Wallet. These take digital copies of your payment cards and put them in one location. One of the leading virtual wallets is Apple Pay. Most online casinos these days accept Apple Pay.
Google Pay
Similar to Apple Pay, this is the Android version of the virtual wallet. It also provides digital copies of payment cards.
PayPal
Also a virtual wallet that can be used for iOS and Android devices, PayPal takes digital copies of your payment cards and also allows you to include your bank account numbers directly.
Venmo
Another virtual wallet option, Venmo also can link to your bank accounts.
Skrill
A virtual wallet that includes a wide variety of currencies, including cryptocurrencies. Skrill isn’t as widely accepted with iGaming platforms as other virtual wallets.
Gift Cards
Some online casinos allow for gift card purchases for you to fund your account. However, you cannot make a withdrawal using the gift card.
Play+
Similar to a gift card, Play+ users have a separate account where they put funds in and have it apply to their Play+ card. Unlike gift cards, some online casinos do allow you to make withdrawals that will reflect on your Play+ account.
PayNearMe/Cash at Casino
There are two cash methods that can be used for your online casino account. PayNearMe is where the iGaming platform provides you a code to have scanned at a participating retail store. You then give the cash amount you want reflected in your online casino account and it will appear once the transaction is processed by the store. With Cash at a Casino, users make a cash payment at a retail casino affiliated with the online casino to have that total then reflected on their iGaming account. Some online casinos do allow for withdrawals at the retail casinos, but PayNearMe is not available for withdrawals.
Paper Check
If you’ve got no other means for online casino banking, you can still receive a paper check for your winnings from the online casino. This process definitely takes some time, as you have to wait for the check to arrive by mail. It can often take multiple weeks.
Fastest Online Casino Payout Methods
When it comes to getting your money back as quickly as possible, there are select payment methods you should lean toward.
One key thing to remember is that each online casino has a processing time, that can vary by operator. These processing times are for the online casino to go through all the details and make sure the proper amount of funds are getting to the right person in the right location. These processing times can take anywhere from under 24 hours to multiple business days.
- Virtual Wallets: Of all the payment methods, virtual wallets tend to be the fastest at getting you your funds. Apple Pay, Google Pay, Venmo, and PayPal all have displayed consistently quick processing times once the withdrawal has been approved by the online casino. It can be as quick as just a few minutes, and definitely will be within 24 hours.
- Play+ Cards: Surprisingly, a Play+ card is also among the fastest payment methods. Because you’re not getting a lot of bank numbers in the mix, there’s less processing for the online casino to deal with, thus it can approve the transaction quickly. Once approved, your funds should be available within minutes.
- Debit Cards: Debit cards are among the quickest payment methods as well. Once approved, funds should reflect within the hour, or within the day at the latest.
Things to Remember for Fastest Payout Methods
When seeking to get your withdrawal as quickly as possible from an online casino, there’s a few key things to remember to help the cause.
- Make a Deposit First: Before asking for a withdrawal using a specific method, it’s best to make a deposit using that very method first. Some online casinos will even require it. Making a deposit first allows the online casino to already get some trust in the payment method, which can cut down on the processing time. That’s especially true with virtual wallets or a Play+ card.
- Stick with an Option: Once you’ve successfully made a withdrawal, it’s best to continue to use that payment method going forward if you can help it. The online casino has gone through the processing once, and knows the method can be trusted, so it will make further withdrawals even more efficient.
Now that you have all the information, you can start making fast online casino payments in your legal iGaming state.
Drew Ellis has experience covering the gambling industries in North America and around the world. Decades of media experience provide him with the background to handle the complexities of different gambling laws and policies around the United States and North America. Ellis has primarily focused on online and retail casino news since 2021. Prior to working in the gambling industry, Ellis spent over 20 years in the newspaper industry, covering sports and the gambling. His work for The Mt. Pleasant Morning Sun and The Oakland Press was recognized with awards by the Associated Press and other media organizations. Drew has also contributed to the Detroit Free Press and the Associated Press.