Last Updated on 5 May 2016 by Nicholas Lim

Choosing the best payment option for Singapore Players

online casino singapore bankingAn often ignored, but important aspect of choosing online casino for players from Singapore, is the banking method used to fund your online casino account. It is important to find a good, secure, convenient payment method that will suit your gambling needs, especially if you play regularly.  There are many banking methods available for Singaporean players and this makes it difficult to choose between one or the other. Here are some tips to help you choose between some tried and tested payment methods.

Familiarization With Banking Methods For Singapore Players

The first step is to carefully go over the banking options offered by the Singaporean casino. If you deem it necessary, feel free to check each payment method individually and read their site for information about the company, their geological restrictions, conversion rates if applicable etc. Having gathered detailed information about different payment methods, you will be better prepared when you come down to choosing the perfect one for you.

Prioritize security

Usually it is quite tempting to go with the method that offered the lowest rates. However, security must be your primary concern when it comes to dealing with money online. A promise of reliability means nothing, it has to be well earned. Read reviews of other’s experience with the banking method you like. Put to good use the experience of your peers and learn to avoid bad payment options. A good and secure method of payment will ensure the privacy of your account and protected transactions that help with avoiding identity theft or other kinds of fraud.

Can you use the system?

Before you forget, always check if you can actually use the banking method you find appealing. Certain locations around the world might have difficulty using certain methods of payment. This can be due to legal restrictions enforced by different countries locally. As an example, the Unlawful Internet Gambling Enforcement Act passed by the US government in 2006, makes it virtually impossible for US citizens to pay by credit cards. Fortunately, many options exist for a potential gambler to deposit money in his account other which are reputed and secure.

Free Bonuses anyone?

Finally if you have narrowed down on several options for crediting your account, then try to find if the online casino itself offers any benefits for one over the other. Certain banking methods are generally preferred by casinos for Singapore players , and many will try and encourage their use by offering bonuses on using them. It is quite common for casinos to offer as much as a 15% bonus for simply using a specific payment method. If you cannot find such information mentioned straightforward, contact the casinos online support and check with them if any such special bonuses apply.