Deposit methods at Singapore online casinos vary from one site to another. This is because there are many online casinos that accept Singapore players but doesn’t have friendly deposit options for Singaporeans. On the other hand there are online casinos that specially cater to punters from this Asian region even from Malaysia and offer only Singapore banks as deposit methods. So before you think of a payment solution at online casinos one thing you need to do is to check thoroughly all the deposit options available at their banking or cashier page and choose which suits best according to your region and control.
The most popular deposit methods at Singapore friendly online casinos
Many Singapore friendly online casinos offer various deposit options for all players. Among them the most popular are:
1. Credit cards (eNets)
One of the safest and most reliable payment options is the Visa and MasterCard credit and debit card option. Using one of these credits cards at an online casino is the most reliable way of adding funds to your account and both Visa and MasterCard are known for their extremely high levels of security. The great thing about depositing with Visa or MasterCard is the speed in which the transactions are processed and also the high deposit limits that you are allowed. Depositing with Visa and MasterCard is really easy and this is why these credit cards have become a popular online payment method for all the online players across the globe.
Also as Visa is used internationally and the VISA debit/ credit / pre-paid cards are very easy and fast to use and in many casinos you even don’t need to register an online account to use your visa. The minimum deposit you can make with credit cards is SG$20- SG$25
Using a credit card to deposit funds with an online casino works in pretty much the same way as any other site where you would use your credit card.
Simply submit all the relevant card information including:
- Card number
- Card holder
- Expiry
- CCV number
- Your address and that should be it.
Solution for Singapore players to use credit cards is by eNets. With this payment solution you can pay in most of the currencies other than SGD to fund your casino account.
2. Skrill
Skrill is quite possible the most famous eWallet in the world and it is currently accepted at each of reputed online casinos. This secure online payment option allows you to deposit funds in to your favourite online casino, plus it also allows you to withdraw your funds. Deposits are usually processed in an instant and withdrawals can take up to 48 hours.
Depositing with Skrill and at online casino or making a withdrawal with Skrill is really easy. You need to register with Skrill to use their money transfer services and then you need to top up your Skrill account so that you can send those funds to your preferred gaming account. You can top up your skrill account in a number of different ways. The minimum deposit you can make with Skrill is SG$25 and minimum withdrawal is SG$500 which takes up to 48-72 hours.
3. Neteller
Neteller provides limited services to Singapore players. It’s an eWallet that offers perfectly secure online payment option to deposit funds into your gaming account and it allows you to withdraw your winnings. Neteller processes deposits in a matter of seconds and withdrawals can take up to a maximum of 48 hours.
Signing up is free and topping up your Neteller eWallet account is easy. You can use a number of different methods to top up your eWallet and then you can instantly start sending those available funds to your preferred online casino. The great thing about depositing & withdrawing with is that it is really easy to use and that it is accepted at each of our featured online casinos. The minimum deposit you can make with Neteller is SG$25 and minimum withdrawal is SG$500 which takes 48-72 hour maximum time.
4. Entropay
Entropay is a payment solution that gives users the use of a virtual prepaid Visa card and a prepaid Mastercard. You can fund your Entropay account with a variety of Credit and Debit cards.
5. PayPal
PayPal is another deposit method but drawback is that there are fewer casinos offering this method of payment. PayPal is a third party e-wallet solution that allows you to make financial transactions online. Paypal and casinos work for the ease of the transaction process and the security it offers to people who are transferring money over the Internet. In order to use Paypal you just need an email address and a credit card or bank account.
So to fund your casino account with Paypal you must first have open a Paypal account. You just need an email address to do this. This is a fast and simple process and can be done online via their website. You will also need to fund your Paypal account and this can be done via a bank account or a credit card that you have attached to it. You can use wire transfer, VISA, Master Card, VISA Debit or Maestro Debit to fund your Paypal account. Once this is done, you will be ready to use Paypal at casinos that offer this payment solution.
6. Prepaid Cards
This is another popular method used in online casinos. Using a prepaid card gives players more control over your wagering activities as you can only use the funds loaded on their cards. Some of the most commonly used prepaid cards used are UKash and PaySafeCard.
Neither a bank account nor a credit card is needed. All you need is to find your local sales outlet with the search feature. Buy paysafecard there. It is available in these amounts: 10, 30, 50, 100, 150 or 250 SGD. Pay at online casinos with paysafecard by simply entering the 16-digit paysafecard PIN.
7. Asiapay
AsiaPay is an online payment solution for Asian customers using Chinese Renminbi, Indonesia Ruppiah, Malaysian Ringgit, Vietnamese Dong, Thai Baht and more. Connects with over 100 banks working as accredited payment processor and payment gateway solution vendor for banks, certified IPSP for merchants, certified international 3-D Secure vendor for Visa, MasterCard, American Express, and JCB.
AsiaPay offers its variety of award-winning payment solutions that are multi-currency, multi-lingual, multi-card, and multi-channel together with its advanced fraud detection and management solutions. Headquartered in Hong Kong, AsiaPay offers its professional e-payment solution consultancy and quality local service support across 13 countries.
8. Trustly
Singapore players can use Trustly to deposit securely at participating casino sites. You can simply open your account and pay with linking your debit and credit cards. You can contact it’s representative to learn how to deposit with this payment method by emailing leonard.prittieperry@trustly.com
9. Bitcoin
Bitcoin deposit have gained momentum and you can use it in many Singapore online casinos.To make a deposit with Bitcoin (BTC) first you need to obtain a Bitcoin wallet. As is BTC the wallet is also a virtual object and it could be lost if not previously backed up. So choose the wallet which is reputed like online bitcoin wallet and is stored in the cloud servers hosted by third party. There are software wallets and these are being stored at your computer. You will need to back them up manually. Hardware wallets are available in a form of a USB device and also needs to be backed up manually.
Next after you have wallet you need to purchase Bitcoins from a reputable seller. As Bitcoin has no attachments to any bank of any kind and the currency circulated from peer to peer that is from user to user with appropriate BTC addresses.
When you register at an online casino that offer Bitcoin transactions then you will obtain Bitcoin address or your own to use. The deposit to a casino account happens instantly only it needs to be confirmed by the block chain which might require sometime but only few minutes.
Same way you can withdraw with Bitcoins. The cashing out process might take a bit longer than the deposit due to various checks and verifications the casino is obligated to perform manually and you are free to keep BTC in your e wallet. Note that casinos have minimum deposit of SGD$100 in BTC and withdrawal time takes from 48- 72 hours.
Besides these other popular methods used are ecoPayz, ClickandBuy and Sofort.
Deposit Methods used by exclusive Singapore online casinos
Online Casinos that are exclusive for Singapore and Malaysian players offer deposit methods like direct bank transfers with May Bank,RHB Bank, Affin Bank, Am Bank, POSB, DBS and HSBC Bank
Things to remember when making a deposit
- Always check that the casino in which you opt to play offer many kinds of deposit options and not one or two deposit and withdrawals so that you have easy and convenient method to choose from.
- Understand the cost of using any deposit and withdrawal mode so that you have hassle free banking transactions as most of the online casinos do not allow to make a deposit in SGD and you need to pay exchange fee for currency conversion.
- Also find the reliability of the banking method including whether the banking method is provided by a reputable institution, and how easy the method is to use.
- The online casino must be using latest secure encryption technology and software so that all your banking transactions are safe and secure 128-bit secure socket layer (SSL) digital encryption technology ensures all transactions are encrypted completely and impossible to hack into. Some casinos deploy even higher grade security protocols. SSL technology is the standard security software used by the world’s biggest banks, shops and websites.
- All payouts need also be regularly audited by independent third party auditors to ensure fair play by the casino.
- The casino should process your withdrawals on time.
- Last but not the least always read the terms and conditions associated with deposits and withdrawals and playing games as well as payouts.
Finally the best deposit method we suggest is eNets, Bitcoins, Trustly, Neteller, AsiaPay, PayPal and Singapore banks.