eWallet Casinos

Written by Charles Morey. Last updated:

Nowadays, it’s hard to find a casino that does not accept e-wallets as a payment method. In this article, we will have a closer look at the available e-wallet services on the market today and how to choose the best for your preferences to get the best experience possible!

✓ Most used e-wallets include Skrill, Neteller, Payz, MuchBetter
✓ E-wallets can be used for buying crypto
✓ E-wallets offer instant deposits and fast withdrawals
✓ The payment option is accepted in most casinos nowadays

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What Are E-Wallets?

The name "e-wallet" perfectly conveys its main purpose—to be a digital alternative to regular wallets. The idea behind creating e-wallets was to make online payments easier, faster, and more secure. These are the three main reasons why e-wallets are so popular nowadays.

E-wallets usually contain two main components: software and information. The information includes the user's name, shipping address, and banking details. The software stores all the information and provides security by using different tools, such as two-factor authentication, TSL and SSL encryptions, fraud monitoring systems, etc.

E-wallets are the natural evolution of the digital payments space. As contactless payments become more popular, the finance industry must step up to the challenge of ensuring that merchants are equipped with the right payment solutions to accept payments in a secure, efficient, and simple manner.

Brad Hyett, CEO of phos by Ingenico Brad Hyett, CEO of phos by Ingenico

History of E-Wallets

The story behind creating the first prototype of an e-wallet is a true fun fact. Back in 1997, Coca-Cola installed vending machines in Finland that accepted payments via text message. This was the first solution similar to modern e-wallets. In just two years, PayPal launched its online money transfer service, accepting fiat money. Mobile payment platforms followed, with Alibaba's Alipay in 2003 and Kenya's M-Pesa in 2007 enabling transactions through mobile devices.

Nowadays, Alipay offers its services to 1.3 billion customers, PayPal has over 329 million users, and M-Pesa has 60 million, which proves the growing popularity of digital wallets. Moreover, according to Juniper Research, by 2026, the number of e-wallet users will exceed 5.6 billion people worldwide.

PayPal for Gambling

PayPal itself forbids using its services for gambling purposes. However, you can still see it among banking options at Australian online casinos. The BetPokies team still doesn't recommend you use PayPal in gambling, as even though your transaction might be successful, your PayPal account can be blocked for violating the rules.

How to Choose the Best E-Wallet Casino

E-wallets are a payment method offered in most online casinos. This method is definitely among gamblers' favourites, as e-wallets provide instant transactions without any need to disclose users' banking information.

Therefore, let's quickly go through the main points of decent e-wallet casinos:

License and Security
License and Security

Before registering in an online casino, make sure it is licensed. This information can be found on the About Us or Terms&Conditions page of the site. Also, do not neglect going to the licensing authority website to double-check the validity of the license. Additionally, check the presence of certificates from eCOGRA, Gaming Labs International and BMM Testlabs, as they approve a casino's trustworthiness

Check Customer Service
Check Customer Service

Always make your own little research through other users' reviews to learn about customer support service. It might seem unimportant, but in case you face any kind of difficulties with depositing, withdrawing your money, or anything else, it will become a huge issue if there is no one to talk to. Therefore, customer support service must be available via live chat, phone and email 24/7. This helps ensure that all your issues are fixed promptly.

Check Variations of Games
Check Variations of Games

Do you love to play live dealer games or pokies? Always check the casino’s game variety to see what offers it has available. It is more fun when you have a long list of games to choose from and not just a few boring games.

Check Game Providers
Check Game Providers

This point is pretty much the continuation of the previous one. If you want to be 100% sure your gambling experience will be awesome, see the game providers of the casino. There must be the biggest names in the game development industry, like Microgaming, NetEnt, Big Time Gaming and others.

Check Bonuses and Their T&Cs
Check Bonuses and Their T&Cs

Of course, bonuses are integral part of online casinos but while some casino bonuses might seem extremely appealing, always check their Terms&Condictions. Some casinos make huge promotions, but when gamblers deposit money, win and want to withdraw the winnings, they learn that the wagering requirements turn out to be barely possible to complete. Therefore, check the list and the terms of the bonuses before proceeding.

However, if you want to save time, just choose a casino from the BetPokies website, where we conduct deep research to select the best gambling sites for you.

On our Editorial Guidelines page, you can learn more about our principles in writing articles.

Best Online E-Wallets for Gamblers

Nowadays, there is a wide range of e-wallets. However, finding the best one for online gambling is still tricky, as some set high fees, some are rarely acceptable at online casinos, and some simply have an inconvenient interface. Therefore, the BetPokies team took care of you and prepared the list of the best e-wallets for gambling purposes.


Mifinity is one of the veterans of e-wallet industry, as it was launched back in 2002. Mifinity holds licenses from such reputable bodies as the UK'S Financial Conduct Authority (FCA) and Malta's Financial Services Authority (MFSA) and is certified by Digicert, which confirms the safety of users' sensitive data. In addition to the Australian dollar, the e-wallet accepts cryptocurrencies among other things. However, the price of these pros is fees, which for the e-wallets deposits range from 0% to 7.5% and for withdrawals are around 1.8%.


Skrill is often compared with Neteller, one of the most popular casino payment method. Being created in 2001, Skrill has a long history of success: by 2011 the number of users already reached 25 million, and in 2012 it was named the fastest growing enterprise in the UK. Skrill is a crypto-friendly service, has multi-layered security system and is widely accepted at online casinos. Though, among its cons are high withdrawal fees to debit/credit cards (around 7.5%).

Payz (ex-ecoPayz)
Payz (ex-ecoPayz)

Payz was created in 2008 in the UK as ecoPayz. The company quickly gained popularity, and now offers different kinds of services, inclunding prepaid ecoCard, the ecoVirtual card, and ecoVouchers, which allow you to pay online without using a debit/credit card. Payz' users are also welcomed to participate in the affiliate program and receive rewards for referrals they make. However, depending on your payment method, deposit fee can be up to 10%.


SticPay is the youngest e-wallet among the mentioned ones here. It was only founded in 2018, and is already pretty successful. It cooperates with Mastercard, Visa, some cryptocurrencies, Apple and Google Pay. Also, just a year after it was launched, the e-wallet received such awards: the Payments Awards' Best Digital Wallet 2019, Traders Awards' Best Service in Singapore 2019, and Future Digital Awards' Best Online Payments 2019. SticPay allows deposits and withdrawals to be made quickly and with low fees.


This e-wallet has been in operation since 1999 and is found in almost every reputable online casino. Neteller is known for being gambling-focused payment method and even offers built-in responsible gambling tools. Neteller has a handy official website and mobile app where you can make instant transactions and buy and sell cryptocurrency. However, Neteller charges an average fee of 2.5%.

How to Create an E-Wallet Account

Online payments with e-wallets are simple, efficient, and quick because they allow Australian gamblers not only to store multiple credit and debit cards and bank account information for deposits and withdrawals to online casinos, buy crypto, and complete crypto-transactions.

Although all e-wallets differ from each other, they all include a similar simple registration process. Typically, the process involves the following steps:

  • Download the chosen e-wallet application: Install the software on your device from Google Play for Android phones and Apple App Store for iOS phones. Make sure you use a link from the official website of the service.
  • Basic data entry: You will need to enter some information (name, email, phone number, birthdate, etc.)
  • Setting a PIN code: Create a unique, strong password.
  • Email verification and mobile phone linking: A one-time verification code is sent to the registered mobile phone number and/or email address.
  • Linking cards: Enter the required details of your card to link it to the e-wallet.

You'll then be able to make payments and deposits to the online casino by logging into the e-wallet application and entering your PIN code.

Details of registration of different e-wallets may vary, so you should check all the terms and conditions of a particular e-wallet to avoid unpleasant situations. On our website, you can find detailed explanations on how to complete the verification process in different e-wallet apps.

Security and Safety With E-Wallet

In many articles, you can read that e-wallets are among the safest payment options, and using them, you don’t need to disclose your personal info at online casinos. However, the Internet is where people easily spread false information, so the above-mentioned phrases are one of them. Let’s destroy some myths about e-wallet security.

First, there are no licensed payment methods that is completely unsecured. E-wallets, credit and debit cards, vouchers, and others – all use similar security features, including SSL and TLS encryptions, multi-factor authentication, in-app safety measures, etc. Therefore, it makes no sense to claim that one of them is the safest. Instead, it is better to learn about security tools, the history of hacker attacks, or data breaches of a particular banking app you are interested in.

For example, on our Neteller Casinos page, you can learn about a hacker attack that happened to the company and the consequences the e-wallet suffered.

Second, when people say, “Thanks to using e-wallets, you are not required to disclose your personal information”, there must be a question arising: “Have they ever gambled at online casinos?”. Every licensed online casino must ask their users to complete the KYC procedure, where they are required to confirm their identity and address. Therefore, it makes no difference whether you share your personal info at the depositing stage or complete the verification process – you will still be obligated to do so.

Despite all the security features taken by banking services, I highly recommend people follow simple tips in order to increase their financial security:
1. Always create strong and unique passwords.
2. Whenever possible, create two-factor authentication.
3. Keep software and devices updated.
4. Do not follow unknown links or emails.
5 Use a secure network connection, avoiding unknown Wi-Fi.

Keep in mind you are the one responsible for your safety!

True Tamplin, Financial Expert True Tamplin, Financial Expert

E-Wallet Casino Bonuses

E-wallets often offer loyalty and VIP programs to keep their customers interested and encourage them to use a company's services more. These programs usually include different rewards, possibly even gambling-related ones, for example, the Neteller VIP program, Skrill Knect, and MuchBetter Rewards.

However, nowadays, it is not common for online casinos to offer special payment method-dedicated bonuses, except for crypto, which sometimes brings bigger promotions. Below, we've included some bonus offers for you. Even though they aren't tied to e-wallets specifically, we hope you will find something suitable and appealing.

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Pros & Cons of E-Wallet Casinos

Now, let's summarise the info we learned in this article to make it easier for you to make your choice whether to use e-wallets.

  • Fast transactions
  • Sometimes offer responsible gambling tools
  • Easy to use
  • Allow buying crypto
  • Work on mobile devices
  • No need to disclose banking info when paying
  • Fees almost always apply
  • Some might have problems with security, customer support, etc

Responsible Gambling with E-Wallets

Not only can e-wallets help you keep track of your spending, but some of them also offer built-in responsible gambling tools. Neteller, for example, provides their users with the opportunity to set up a gambling block feature that allows them to restrict how much funds are spent on gambling activities. Similar features can be found in Skrill, Payz, MuchBetter, and more.

Additionally, as most licensed and trustworthy e-wallets offer mobile apps, which grants you an opportunity to implement an additional responsible gambling tool - setting days limit on e-wallet apps. Here is a quick guide on how to do it:

  • Go to Settings
  • Click on the Screen Time section
  • Choose App Limits, and Add Limit
  • Among Productivity & Finance apps, click on the e-wallet icon
  • Set days when you want the app to be restricted for you
  • Go to Settings
  • Click on the Digital Wellbeing & Parental Control (if you don't see that directly in the settings menu, check “Connections” or “Advanced settings” sections).
  • Click on Dashboard or something similar, where you can manage individual app usage
  • Find the e-wallet app
  • Choose the days and times you want to have it temporarily blocked
Charles Morey

Charles Morey

Payment Method Expert

Charles joined BetPokies as an intern in 2022 after University of Melbourne (Finance), and has been the driving force behind content updates since then, ensuring our readers always see the latest information. He stayed on after his internship to continue his work refreshing our content.