Different Payment Methods for Online Casinos in NJ
For the most part, you’re good using a credit card or a debit card. However, a lot of players like to use another service as middle man of sorts. This way you’re not giving your financial information directly to the casino. There are plenty of eWallet services out there like Paypal, Skrill, Neteller, and more.
However, not every NJ casino accepts every service. You’ll want to do a little research of your own so you can find a casino that accepts a service that you’re comfortable with. Fortunately, there are plenty of withdrawal options for NJ sportsbook and casino sites.
If you want to enjoy a couple of rewards attached to your payment card, try Mastercard. MasterCard will allow you to make payments wherever you are in New Jersey. You definitely need something instant, secure, and with high transaction limits. Mastercard offers you all this.
How it works for you is very simple. You only need to have your debit or credit card and make instant transactions. Besides, you can also use your security code number to maximize your safety.
NJ casinos will allow you to make deposits up to $2500 and the fee is usually 2.5-3%. One setback is that you will not withdraw via MasterCard at NJ casinos.
ACH / eCheck
When it comes to eCheck, the bank is just brought to your doorstep. Your safety matters a lot. With this in mind, eCheck gives you a chance to enjoy the most secure payment method. They offer you an encrypted wire transfer; hence nobody can access your money. eCheck offers you:
- Instant deposits
- Good and secure online payment option
- Withdrawals anytime you want
To use this method, you are required to have your 9-digit bank account number. Secondly, you will enter the amount to transfer and hit send. However, you will realize that the withdrawal times are long. Some may take 4-5 business days.
As an online gambler, Neteller should be the next thing to give a try. You really need a method that you can trust and count on anytime you want to bet at NJ casinos.
Neteller will allow you to store cash from different accounts. You will do this with the help of an online e-wallet that is very safe. Also, you can keep all your cards here. Interestingly, Neteller will allow you to enjoy:
- Good and secure means of payment
- Instant deposit
- Withdrawals are accepted
Neteller offers you a great way to supplement the traditional cards that had a low acceptance rate. However, Neteller is not widely available in NJ and has low daily limits.
If debit and credit cards are things that you don’t like, then try PayNearMe. You don’t have to use any while using this payment method. As a norm, you will be required to visit your local outlet in the US and make some deposits. The amount that you can deposit can be from $10 – $500. After using this service, you will get the following.
- You get to use cash instead of cards.
- The deposit time is 30 minutes. After 30 minutes, the money will reflect in your account.
However, you will get the following setbacks.
- Withdrawal is not allowed.
- There is an applicable deposit fee- 2.99-3.99
- You have to deposit the money in person.
One of the most widely used online payment methods is Paypal. The majority of NJ casinos have already adopted it. Paypal allows you to transfer money to your casino account anytime you want.
As a casino player, you can transfer as little as $10. When transferring cash with a debit or credit card, the charges are 2-3%. As you can see, the fee is reasonable.
Some features that make it remain on top of the game include:
- The deposits are instant.
- It is widely accepted.
- You can make withdrawals.
- The fee is reasonable.
One major setback with this method is that you may not get a welcome deposit bonus. Make it a norm to always check the terms and conditions.
Another most common and widely used payment method is Skrill. With a skrill account, you can deposit up to $2500 into your online casino account. However, this applies for one day, but it is still a significant amount.
Firstly, you need to fund your skrill wallet using bank transfers, credit cards, and other e-wallets. Secondly, you can use your email account to deposit money into your casino account. This method will offer you:
- Instant deposit
- Withdrawals that takes 1-2 days
- Anonymous payments
However, the major setbacks are that skrill fees apply, you may not get casino bonuses, and some cards may be declined.
Play+ is the next big thing for you as far as online payment is concerned. Away from the common cards, Play + offers you a prepaid feature. You don’t have to worry that NJ online casinos might not accept it. They really love it. In fact, you get a chance to apply for the card directly from your casino account.
With this already set for you, you don’t have to waste time finding it. To make work easier, you can fund your Play + account using other means such as MasterCard and visa. You will get benefits such as:
- ATM withdrawals
- Instant deposits
- Wide acceptance rate
Cash at Cage
Cash at cage is the next great thing in town for you. In this payment method, online casinos partner with land-based casinos. Both the online casinos and the land-based casino must be licensed. The result is that you can get the cashier services from the land-based casino.
With this arrangement, you can either deposit or withdraw money from their account. The process is simple since there are no other money processors like banks. You will get benefits such as:
- It is a simple process. No banks and other processors are in the picture.
- The deposit is instant. You don’t wait for days.
- You can withdraw anytime you want.
Withdrawal Options for New Jersey Sportsbook and Casino
One of the most popular options for depositing funds into an online casino is a prepaid card. You decide how much you want to keep on the card when you purchase it, so you never have to worry about losing more money than you prepared for.
However, you cannot withdraw money onto a prepaid card. Keep that in mind. If you do go with one, which a lot of people still do, you’ll have to use a different method for withdrawals. Bank transfers and eWallet services are ideal for this. You just have to decide if it’s worth it to use two different options for depositing and withdrawing funds.
For more cautious players, it’s worth using two different payment methods for NJ online casinos.
Fastest Online Casino Payouts
If transfer speed is ultimately what you care the most about, you’ll want to go with a service like Skrill or Neteller. While bank transfers can take a few days, a lot of eWallet services can transfer money instantly. That means that when you want to play, you don’t have to wait for your money to deposit.
The same goes for when you want to withdraw the money. One important thing to keep in mind however is that the casino plays a big role in transfer speeds. Some casinos just take forever to transfer money, regardless of what service you use.
Like most of its rivals, NJ online casinos and sportsbook have dozens of payments options available to their users, for example: Credit card/debit card, NETELLER, Skrill, PayPal, and more. Note that each NJ sportsbook and casino may accept or reject some payment methods. It is, therefore, essential to research the supported payments before choosing your ideal casino.
If you want to deposit or cash out funds from your NJ online casino or sportsbook account using the least time possible, e-wallets are the best. On the other hand, bank transfers may take a few business days. Payment options like Skrill and NETELLER will provide instant deposits and withdrawals.
While MasterCard comes in handy with many benefits, for instance, secure and instant payments, high payment limits, along with attached rewards, NJ players cannot withdraw their casino funds using these cards.
Among other payment options available to NJ players, PayPal is one of the most reputable deposits and withdrawal options. Besides, there are many advantages associated with this payment method, including: Instant deposit, Reasonable transaction fees (2-3%), Allows transfers of as little as $10, Secure online withdrawals.
Deposits are processed instantly thus you can start betting as soon as your transfer is complete.
Absolutely. All mobile transfers use encryption technology to safeguard your data.
E-wallets are generally the fastest payment method. They are designed for instant use online and so are fully optimized for speedy payment methods. However, credit and debit cards can also give e-wallets a run for their money, but it depends on your service provider.
The time it takes an online casino to process a deposit depends on the method. Credit cards and Bitcoin are usually instant. Checks, bank transfers can take up to a few days.
You can track your deposits and withdrawals by checking the bank statements and by checking your casino account’s history.
The withdrawal methods tend to differ, depending on which casino you play. Therefore, you should always take a look at a casino’s withdrawal page before signing up. You can do this to avoid disappointment of your preferred method not being listed.
Lars Wahlström is a recognized leader in the iGaming industry, with over 20 years of experience from both the tech side and an operator. He’s now CEO and Publisher at ARGO Gaming Group, the company behind Njcasinoo.com
Games and gambling has been an interest of Lars’ since early years and besides slots and casino, he’s also into poker, sports betting and trotting.
All this experience is drawn upon when he writes, and we dare say he’s one of the best casino writers out there. Lars’ base is the ARGO HQ and Stockholm office, but he travels a lot and often participates in industry trade shows and panels. To get in contact with Lars, use our contact page or message him directly on LinkedIn or Twitter.