eWallets are very popular these days for sending and receiving money and purchasing things online. Two of the main reasons they are popular is that they are simple to use and offer great security when making financial transactions.
eWallets are also used often to take care of deposits and withdrawals at online gambling sites such as casinos, sportsbooks, and poker rooms. Most gaming sites the world over will accept eWallets as a banking method.
Using an eWallet adds an extra feeling of security when making transactions at online gaming websites. The reason for this is that the eWallet is a type of middleman between your bank or credit card and the online gaming site, which means you never have to divulge any personal and financial information to the online casino, sportsbook, or poker room. Also, when using an online wallet over other banking methods, the processing times are almost always instant, so you can start to bet right after you transfer funds into your online gaming account.
Lets get down to business and list what we consider to be the top 3 eWallets options of 2020:
Skrill is one of the most recognized and reputable eWallet the world over and there are several reasons for that. The eWallet offers low fees, fast processing times, and great transaction security. It is one of the most popular eWallets and because of that accepted at most online retailers and gaming sites. You can open an account in several currencies and you even have the possibility to have multiple accounts.
Because Skrill is so widely used to top off online gaming accounts you can often find bonus offers specifically for using the eWallet to fund your gaming account. Skrill also has a VIP program for loyal users and it is a tiered program where the higher the level you are in with more money transferred the better your benefits can be. While Skrill offers low fees they can be lower the higher level you are in for the VIP program.
Just a few of the benefits of the Skrill VIP Program include:
- Lower Fees
- VIP Upgrades
- Fast Track Verification
- Dedicated VIP Manager
EwalletVIP.com is a great source for information on eWallets in general, and Skrill in particular. They are able to fast track and upgrade VIP levels which helps in reducing fees and boost rewards.
Ecopayz is another reputable eWallet that is widely used and has low fees, fast and secure transaction times, and a great VIP program. The eWallet has been around since 2000 and it makes security a top priority with the measures in place such as the site using SSL (Secure Sockets Layer), is certified by the Thawte Certification Authority, Payment Card Industry (PCI), and Data Security Standards (DDS), and has a 2-step verification process.
The Ecopayz VIP program is a five level one in Classic, Silver, Gold, Platinum, and VIP. There is no need to sign up for the program, as right when you open an account, which is more than easy to do, you will be enrolled in the Classic level. You move up in levels the more money you transfer and some of the benefits you will receive in the program include:
- Lower deposit fees
- Lower withdrawal fees
- Higher deposit limits
- Higher withdrawal limits
- Lower currency conversion fee
MuchBetter is an eWallet that is available from a mobile application and specializes in online gaming transactions. It not only offers low fees and fast transaction times at gaming sites but deposits at the gaming sites are simple and withdrawals are very fast. Security cannot be beat using MuchBetter and there is also a rewards program for loyal users.
Considering MuchBetter is specialized for online gaming transactions you can be notified of new and lucrative bonuses and promotions from gaming sites right to your mobile phone. This is great, as you will never miss out on a solid bonus option that can pad your gaming bankroll. Setting up a MuchBetter account is an easy process as is using the eWallet to make deposits and withdrawals at the gaming site you play at.
It is also easy to fund your eWallet account using a bank account and credit card. Conversely, you can also transfer from your MuchBetter account to a credit card or the bank that you use. However, some banks have laws in terms of making transactions that deal with gambling and you need to find out about that before you decide to transfer funds from your MuchBetter account t your bank account or bank issued credit card.