One of the most important decisions you must make when playing at an online casino is which payment method to use to fund your account.
It does not seem too long ago that debit/credit cards were the most popular option, but the landscape has changed significantly in recent years.
Read on as we take a closer look at the best ways to fund your online casino account in 2022.
Debit/Credit Cards
Debit/credit card payments remain popular with casino players, although how long they will continue to be used is open for debate.
Brands such as Visa and Mastercard are still the go-to payment method for millions of players, with their convenience making them an appealing option.
However, while card security technology has advanced significantly in recent years, several other digital alternatives offer greater protection to users.
While cards will continue to be used in the short term, they are likely to be pushed aside in the same way cash payments have fallen by the wayside.
Digital Wallets
It seems strange to think that digital wallets have now been around for more than two decades, given there are still many people who do not use them.
PayPal was the main option when digital wallets were first created, but there are now plenty of other options available to online casino players.
Products such as Google Wallet and Apple Pay have become increasingly popular, with their enhanced levels of security one of the main attractions for users.
With casino operators continuing to add to the digital wallet options on their sites, these will remain a popular payment method for players through 2022 and beyond.
Cryptocurrency
Cryptocurrencies have skirted on the fringes of the online casino industry for some time now, but they finally look ready to make a big breakthrough.
In simple terms, cryptocurrencies use secure decentralized technology to process payments anonymously, making them hugely appealing to casino players.
Lower operational costs also make them an attractive option for casino operators, and many have finally started to wise up to their potential.
For people looking to make secure payments via a decentralized system, cryptocurrencies are the answer to their prayers.
Open Banking
Open banking has grown in popularity amongst casino sites in Europe and has been strongly tipped to become more prevalent in other jurisdictions over the coming months.
Swedish fintech company Trustly is one of the leading innovators in this area and has already made huge inroads within the online casino industry.
Trustly allows users to make payments directly from their bank account in a safe and secure manner via their smartphones.
Using the same encryption technology as major financial institutions, open banking services such as Trustly are likely to be the future of payments in the global online casino sector.
