Exploring casino payment methods, from cards to cryptocurrencies

In the never-ending race to attract as many potential customers as possible, gambling companies try to offer a complete experience where every detail is customized to suit the needs of each particular customer. As a result, the number of payment methods supported by Mexican casino websites is constantly growing. Having one or two payment methods is no longer enough. Online casino sites of today They usually include more than a dozen options, and in this article we will talk about the most popular ones.

Sticking with the classics

Although players are leaning towards digital payments, traditional ones are still very much alive. All kinds of bank cards and bank transfers are still in high demand, especially among the older generation of online players, who do not like e-wallets, cryptocurrencies and other novelties.

The main advantage of these methods is that they are safe and widely available. Almost all adults in Mexico have a credit card that they use regularly, while 98% of all adults have a bank account. It is easy to see why they are the first choice for many.

At the same time, the payment methods in mexican casinos They are often expensive and slow. Many online casinos impose higher withdrawal limits and additional fees for using a bank transfer, which can put a big dent in your gambling budget. The average withdrawal time for a card or bank transfer is 7 days, and players nowadays want to receive their winnings as quickly as possible.

Digitalization

The factors that are becoming the main disadvantage of traditional payments are turning out to be the selling points of digital and mobile wallets. They allow for fast and cost-effective transactions and have decent payment limits that do not put players in disadvantageous positions.

However, despite their popularity and ease of use, they have one major drawback: to use them, the player must have an additional payment method that will connect to his electronic or mobile wallet. In addition, Mexican authorities have already tightened the noose on some of the largest electronic wallets, such as PayPal. Mexican ones can still be used, but not for gambling.

Fortunately, there are plenty of alternatives to focus on. Google Pay, Apple Pay, Eco Payz (aka Payz) and others are filling the void left by other brands.

Entering the era of cryptocurrencies

Digital wallets and traditional payment methods serve the more conservative players, while those who are not afraid of new developments often turn to cryptocurrencies. The latest casino rankings Bitcoin show that the number of crypto casinos in Mexico is increasing.

The popularity of decentralized currencies is predominant among the younger generation of gamers who seek privacy, discretion, and optimized costs. Bitcoin has been, and will probably always remain, the most popular currency, but LitecoinTether and Doge also have their fans. An average crypto casino usually includes both mainstream and niche cryptocurrencies.

Although crypto casinos sound like a dream, players should be aware of the fact that many scam websites use cryptocurrencies as a disguise. Before signing up, read all the related terms and make sure you are playing with a legitimate crypto brand.