With the increasing legalisation of online betting, players from Singapore are interested in learning the types of payment methods that betting sites offer. Uniquely, payments are instrumental in boosting the ease and safety of betting.
Here is a list of all the possible payment methods which are possible for the Singapore betting sites.
1. Credit and Debit Cards
Credit and debit cards are still widely used in the Singapore betting and gambling as some of the most used methods for moneying an online betting order.
Most of the online betting sites use cards provided by visa, master card, and American Expres.
Due to several factors or reasons that follow, the customers like the deposit or the card it is easy to transact with.
2. E-Wallets
E-wallets have received a great amount of attention and adoption because of issues such as speed and security. In Singapore, common e-wallet options include:
- Skrill: Skrill is well known for its low commissions and the fast deposits and withdrawals operations.
- NETELLER: As any other convenient payment services, both for customers and traders, Skrill and Neteller provide anonymous transactions, including instant deposits.
- PayPal: As it is in the case of many countries globally, not all the betting sites accept PayPal, but it is among the most popular payment methods and is famous for its buyer protection.
Due to the protection of banking information, e-wallets can help users to enhance the security level of payment.
3. Bank Transfers
Bank transfers are another safe way of funding betting accounts The next most popular deposit method for funding betting accounts is bank transfers.
Although they may not be as quick as the others they are safe and good for more significant quantities.
There are local bank transfers where a player uses his or her local currency or the use of International wire transfer depending on the type of betting site.
It is important to make sure that the betting site of your choice is licenced and regulated legally, and that the site its uses appropriate security to protect your financial details.
