Payment Methods Used in Estonian Online Casinos: Fast and Secure Play
Welcome to our in-depth review of the payment methods available at Estonian online casinos! If you've ever wondered how to fund your casino account or withdraw your winnings, you've come to the right place. Let's take a closer look at what options you have and how they work.
Most popular payment methods among Estonian players
Fortunately, there are quite a few good ways for Estonian players to fund their casino accounts. Let's take a look at which ones are the most popular and why.
Trustly and bank links - speed and convenience in one package
If you ask an Estonian player which payment method they prefer, the answer is likely to be Trustly or another bank link. And no wonder - they are so convenient! Imagine sitting on the couch on a Saturday night, wanting to play a little and being able to transfer money from your bank account to the casino account instantly, without having to create any new accounts or enter your card details anywhere.
Trustly has become particularly popular thanks to its Pay N Play system, which allows you to play without creating a separate casino account. Simply make a deposit and start playing straight away - no need to go through any registration processes or send any documents. Once the game is over, you withdraw your money and that's it.
Deposits via Trustly arrive in seconds and withdrawals usually within the same day, sometimes even minutes. It's no wonder it's a favourite among Estonian players!
Credit and debit cards - the good old classics
Visa and Mastercard are like old friends who are always there. Almost all casinos in Estonia accept them and using them is easy - just enter your card details, the amount and you're done!
Card payments are instant, but withdrawals are a bit more complicated. Firstly, not all casinos may allow credit card withdrawals. Secondly, it can take 2-5 days, which seems like an eternity if you've just won a big one and want to go out and celebrate.
One thing to keep in mind is that some casinos may have a higher minimum card payment amount than other payment methods. For example, while you can make a deposit of €5 with a bank link, the minimum with a card might be €10 or even €30.
E-wallets - Skrill and Neteller
E-wallets are like virtual wallets where you can put money and then use it in different places. The most popular among Estonian players are Skrill and Neteller.
They have the advantage of speed - both deposits and withdrawals are usually instant or take a maximum of a few days. They also offer more privacy as you don't have to disclose your bank details to the casino.
The downside is that sometimes deposits made with e-wallets do not qualify for bonuses. So if you are planning to use a welcome bonus, always check the terms and conditions!
Cryptocurrencies - a new generation of payments
Bitcoin, Ethereum and other cryptocurrencies have become increasingly popular in recent years. They offer the greatest anonymity and security thanks to their encryption.
Cryptocurrency payments are usually fast - deposits arrive in minutes and withdrawals can be just as fast, although sometimes it can take up to 3 days.
If you're a fan of crypto, it's worth looking out for special crypto casinos that offer special bonuses and other benefits to users of this payment method.
Payment methods comparison table
| Payment method | Time of payment | Payout time | Fees |
|---|---|---|---|
| Trustly/pangalink | Kohene | Immediate up to 1 day | Usually missing |
| Credit/debit card | Kohene | 2-5 days | Usually missing |
| Skrill | Kohene | Instant up to 48h | Usually missing |
| Neteller | Kohene | Instant up to 48h | Usually missing |
| Cryptocurrency | Kohene | Immediate up to 3 days | May occur |
What to consider when choosing a payment method?
Choosing the right payment method is like choosing the right game - it depends on your preferences and needs. Here are some things to consider:
- Speed - If you want to start playing right away, choose an instant deposit payment method such as Trustly or card payment.
- Payment speed - If it's important to you to get your winnings quickly, opt for Trustlyt or e-wallets.
- Minimum amounts - Different payment methods may have different minimum amounts. If you want to make small bets, check which payment method allows the smallest deposit.
- Bonuses - Some casinos offer additional bonuses for deposits made by certain payment methods. However, some payment methods (especially e-wallets) may be excluded from receiving bonuses.
- Privacy policy - If privacy is important to you, consider using cryptocurrencies or e-wallets.
My personal recommendation? If you're an Estonian player, Trustly is probably your best bet - it's fast, easy and works great for both deposits and withdrawals. But in the end, it all depends on your own preferences!
Frequently asked questions
Is it safe to make payments at online casinos?
Yes, licensed casinos are generally very secure when making payments. They use modern encryption methods and security protocols to protect your data and money. Banking services such as Trustly are particularly secure, where you don't have to reveal your bank details to the casino. But as always on the internet - only choose trusted and licensed casinos!
How quickly will the money reach my casino account?
It depends on the payment method. Most payments (Trustly, card payments, e-wallets, crypto) reach your account immediately or within minutes. Only normal bank transfers can take 1-3 working days. So if you want to start playing right away, avoid regular bank transfers!
Do casinos charge for payments?
Most casinos in Estonia do not charge extra for your deposits. However, some of the payment methods themselves (such as Skrill or Neteller) may charge a small percentage. For withdrawals, some casinos may charge a fee, especially if you make a lot of withdrawals. Always check the casino's terms and conditions!
What happens if my payment fails?
If your payment fails for any reason, the money is usually not taken from your account or is automatically returned. If you see that money has been deducted from your account but has not reached the casino account, contact the casino's customer support immediately. They are usually very helpful and will resolve the problem quickly.<
Can I use the same payment method for both deposits and withdrawals?
For the most part, yes, and many casinos even require it for security reasons. This is especially true for credit cards - if you deposit with Visa, your withdrawal must also go to the same card. However, some payment methods (such as Paysafecard) do not allow withdrawals, in which case you must use an alternative method.
Do I have to pay taxes on my casino winnings?
Under Estonian law, winnings from gambling are exempt from income tax. This means that you don't have to pay income tax on your casino winnings. But keep in mind that this only applies when you play in licensed casinos - if you play in a foreign casino that is not licensed in Estonia, different rules may apply.
I hope this review has helped you to better understand what payment methods are available at Estonian online casinos and how to use them. Now you have all the knowledge you need to choose the payment method that suits you best and enjoy a worry-free gaming experience!
Have fun and win big!
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