There is no doubt that the internet has proved to be an extremely useful tool in many areas of our daily lives. More and more of us are using the internet to obtain information, find products and services and of course to communicate with friends and family. Over the Christmas period it also became clear that online shopping continues to gain momentum and for some businesses is now their main source of income. Many of us also manage our bank accounts online and pay our utility bills on the internet, all of which helps us to find more time for the things we want to do in our leisure time. Unfortunately carrying out financial transactions over the internet also inevitably brings with it a risk of identity theft and fraud as hackers and cyber-criminals become more and more sophisticated. The vast majority of us will of course never be subject to the loss of our personal data, but that does not mean we should not do all in our power to protect ourselves whenever we go online even if that is part of our leisure time. We can probably assume that visitors to this site here at onlinecasino.ie are either already enthusiastic online casino games players, or considering starting to play casino games online. In both cases playing casino games at an online casino will require them to open an account and transfer money into that account to fund playing those games. It is therefore worth taking time to consider what would be the best way to carry out this online financial transaction, both from the point of view of security and of course potential cost. We have no reason to doubt the efficiency and security of any of the online casinos featured on our recommended list, and they all offer a very wide range of deposit options designed to suit all their potential customers. Some of these deposit options are however not as good as others, both from a potential security risk point of view and perhaps just as importantly also from a cost point of view. It is important to realise that depositing money into an online casino account is not the same as most of the other internet transactions we are likely to do on a regular basis. For example there are very good reasons why when purchasing goods and services through an internet site, many of us would automatically reach for a credit card to pay the bill. Using a credit card for such a transaction provides us with a degree of insurance should the product or service prove unacceptable, and also protects the details of our main bank account restricting our potential losses through fraud to our credit limit at the very most. When it comes to using a credit card to fund an online casino account however, the most important of these reasons becomes totally irrelevant because no bank will insure you against losing money playing casino games online even if you have used a credit card to provide the stake money. It is also never a good idea to gamble with what is effectively borrowed money if you use a credit card as an online casino deposit option, and the banks don’t like it either. Any credit card transaction involving gambling will almost certainly attract a penalty surcharge of up to 2% of the sum of money involved, plus interest at credit card rates from day one because the banks will consider it to be a cash withdrawal rather than a purchase. Anyone who enjoys playing casino games online or at a real casino will know that there is always a house edge with every game, so why would you then choose to decrease your potential winnings still further by incurring an unnecessary additional cost by using a credit card as a deposit option particularly when there are so many better alternatives.
One alternative is of course to use a debit card to pay money into an online casino account, but even though that would mean you were not gambling with borrowed money, some banks would still apply a surcharge on the transaction because of the way their debit card transactions are processed. All the online casinos on our recommended list include at least one e-wallet among their acceptable deposit options, and there are many reasons why an e-wallet is one of the best ways to fund an online casino account. The most well-known e-wallet is probably Pay Pal, but there are others such as Neteller which are also accepted by many online casinos. An e-wallet account is a separate bank account which can be used for a wide variety of internet transactions, including of course paying money into an online casino account, and it can also be funded in many different ways depending on your own personal circumstances. Using an e-wallet to fund playing online casino games provides greatly increased security and privacy because not only will the online casino operator not have access to your main personal bank account details, but your bank will also not actually know what you are using the account for, which means that you greatly improve your privacy. An e-wallet account is however not the only way to improve your security and privacy when transferring money into an online casino account, there are also a number of pre-loaded cards which many of the online casinos will accept as a deposit option. Paysafe and Ucash are both examples of per-loaded cards which appear on the list of acceptable deposit options on many online casinos, and again are very easy to set up and use. They work in a similar way to the pre-loaded cards many of us use to provide us with foreign currency when we go on holiday, and when used as an online casino deposit option can have the added advantage of helping you budget for each of your playing sessions because you can choose to load the card with as much or as little as you like.