Banking
When it comes to depositing and withdrawing money at online casinos, the possibilities are endless. There are literally dozens of companies that can help players make electronic payments into the online casino accounts. However, many online banking methods are restricted from processing Australian online casino deposits and withdrawals, making it difficult to find a reputable company that you can trust to safely handle your money. Here is 5Casino’s top pick for the best payment processors for Australian online casino players.
MoneyBookers
MoneyBookers is a great e-Wallet solution that allows players to use their email address to transfer money over the interenet. The deposits made through MoneyBookers are made in real-time, so players can instantly fund their online casino accounts.
When signing up, players only need to provide their email address and some personal details for identity verification. Players can then fund their MoneyBookers account using their personal bank account or credit card, before using their MoneyBookers account to fund their casino wallet. The bank or credit card company only interacts with MoneyBookers, so there is no room for them to intervene when the player is attempting to deposit or withdraw money from the online casino. This makes MoneyBookers a great online payment processor and unlike PayPal, it is offered at a wide variety of online casinos.
Neteller
For players who have trouble depositing money directly through their credit cards or bank accounts, NeTeller is a great eWallet solution, allowing players to transfer funds instantly without any hassle from banks or credit card companies.
After registering, the account can be funded with the player’s credit card, debit card or InstaCash. Players simply choose the method they want to use. Once their account is set up, players must deposit money into their NeTeller account using one of these methods. After this deposit is approved, the player can then fund their online casino account using NeTeller. With this method, players can avoid the possible intervention of banks and other third party institutions, in order to fund their account without any interference or delays.
Click2Pay
Click to pay is a payment processor that is very popular among Australian online gamblers, offering quick and simple service to all of its customers.
When signing up for Click2Pay, users will need to input their person information, as well as the banking or credit card information that will be needed in order to fund your account. The application process can be lengthy due to the amount of verification that is done, but Click2Pay assures you that it is all to ensure maximum security of your account. The only downside to using Click2Pay is that you will have to complete a credit check.
Once your account is registered, you can quickly deposit money into your Click2Pay account. After this, you can log in to your online casino and select Click2Pay as a deposit method. Once you’ve entered the amount of money you’d like to deposit, you casino wallet is credited right away. Click2Pay acts as the middleman between the casino and the bank, so you never have to worry about your deposits being rejected or blocked
Credit Cards
The most popular credit cards used for funding online casino accounts are Visa and MasterCard. In order to fund you account with your credit card, it must first be registered with your online casino. The system will usually ask you for your credit card number and expiry date, as well as personal information that will verify your identity. The online casino’s software will then credit upwards of $5 to your account in order to verify that you have sufficient funds.
The registration and depositing processes are very simple but players may encounter problems. Banks monitor credit card activity very closely so they may intervene when they see that your credit is being used in conjunction with an online casino. If this happens, players should try to register credit card that is associated with another bank. Otherwise, they should choose an eWallet solution.
InstaDebit
InstaDebit is a great payment processor, which allows online casino players to transfer funds into their gaming accounts via a third-party method. With InstaDebit, players only need to disclose their account username and password to the online casino; their personal banking information stays private, due to the processor’s advanced encryption system.
Setting up an account with InstaDebit is free, as is transferring funds from your bank account or credit cards. The service charge is paid by the merchants, rather than the customer. Verification and approval of your transfer occurs in real time, so you do not usually have to wait more than 24 hours to fun your InstaDebit account. Once you’ve signed up, simply visit the online casino, click on the InstaDebit deposit option and enter your username, password and the amount of money you would like to deposit. This transfer occurs immediately, so players can start playing much faster!
One of the greatest benefits of using InstaDebit is that players do not need to worry about fees being charged to their accounts whenever they transfer funds. The only situation in which this could occur is if there was an “insufficient funds” penalty.





