Which Wallets Do Online Casinos Require for Payments

Introduction

A player needs to open specific wallets for online casino payments, depending on the type of site.

Licensed Casinos

Licensed casinos use traditional payment routes like bank transfers, credit cards, or cash, while offshore sites and crypto-only sites require more complex wallet arrangements.

Identity Checks

Identity checks and fees vary across sites.

Offshore Sites and Crypto-Only Sites

Offshore sites and crypto-only sites require more complex wallet arrangements.

Apple Pay and Google Pay

Apple Pay and Google Pay feel like separate wallets, but at checkout they draw on a card already stored in the phone.

PayPal

PayPal is the first wallet in this piece that a player would actually have to open, and it comes with its own gatekeeping.

Capital One

Capital One counts using a credit card to buy casino chips or lottery tickets as a cash advance, which it says usually means a transaction fee and a higher APR than a purchase.

Identity Verification

Identity verification is required for all payment routes.

Fees

Fees vary across sites.

Conclusion

A player needs to open specific wallets for online casino payments, depending on the type of site.

Michigan, Apple, Google, Capital One, PayPal

Online Casino Payments

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A close-up shot of a person holding a credit card and a PayPal icon, with a blurred background of a casino in the distance, symbolizing the need to open specific wallets for online casino payments.