Alternative payment methods at casinos online help them stand out from their rivals. Especially, when it comes to online USA casinos with legal licenses in offshore regions like Curacao.
The US online gambling market experienced a lot of challenges in the past decade. One of them is the UIGEA. We’re not going to cover the UIGEA because it’s outside the scope of this article.
Just be aware of it, other than that, online casinos have learned to roll with the punches.
How Online Casinos Can Cash In
There are many ways online casinos can drive new player sign-ups. For the most part gambling sites online focus on casino promotions and bonuses. What if we tell you there are other methods casinos online can increase their revenue?
This is certainly the case with online casinos in regulated markets; where an online casino hasn’t carved out a name for it yet. Apart from all the bells and whistles casino games offer players.
What’s the most important thing players look for in a gambling site? Online casinos with a variety of payment solutions drive first-time depositors.
Some players are under the impression it’s the bonuses, support, or the games. Yes, they’re important. But, casino gamblers want a variety of deposit and cashout methods.
This is one area where online casinos that accept USA players have a jump on their rivals. We’re not talking about just any banking option, but cryptocurrencies like Bitcoin!
Offshore Casinos vs US Legal Gambling Sites
Yes, there’s a distinct difference between a US casino with a license offshore and one that’s State’s side. New Jersey online casinos for example accept Visa and MasterCard.
We must also point out that legal NJ casinos online do not accept Bitcoin as a deposit or withdrawal option. This little luxury is solely for the online casino with an offshore license.
Even though offshore casinos accept cryptos like BTC, Ripple, Dogecoin, and Ethereum. Legal casinos online in new Jersey now accept Neteller, PayPal, and Skrill.
Casinos with licenses in Curacao don’t. It’s safe to say that online casinos with a variety of banking options open up a new acquisition channel.
Why More Payment Options at Casinos Are Better
Online casinos with more deposit and withdrawal methods than their rivals enjoy more player sign ups. In fact, recent research shows that if an online casino offers a specific payment solution.
It has 40 percent more new monthly depositors than rival casinos. Therefore, casinos online in the US that accept Visa and MasterCard are catching up fast.
Players from America that play at gambling sites overseas cannot use credit or debit cards. For the simple reason, casinos abroad don’t list them.
Gamblers online prefer to use new payment methods as opposed to traditional ones. Online casino operators must be aware of this because the trend will continue.
The Rise of APMs
As we move into a cashless society APMs will become more popular. Basically, online casinos allow players to pay via their smartphones.
Whether it’s purchasing goods online, or playing casino games at an online casino. Players want in on the action fast via a quick tap.
At this stage, it’s not possible with a traditional payment method. When you deposit at an online casino with Visa.
You must enter your name, address, security code, and card number. If you use a cryptocurrency like Bitcoin, all the casino needs is an email address. You can transfer bitcoins to the casino with a wallet address. Legal casinos online in the US accept PayPal. Now, what makes PayPal unique?
If you deposit with PayPal. Enter the amount of money you want to deposit. The next step is to log into your PayPal wallet with your email address and password.
Whether it’s PayPal or Bitcoin. New online casino payment options are beating traditional payment options to the punch.
What Are The Most Popular APMs at Online Casinos?
The best payment method at legal US casinos online in New Jersey is PayPal. The top PayPal casinos rope in hundreds of new depositors every month.
PayPal has more than 340 million users worldwide. US online casino players trust PayPal because it’s a payment option they know.
Another banking method that’s becoming increasingly popular is mobile payment solutions. More casino gamblers are using Apple Pay and one-click options like Skrill 1-Tap.
Charge to mobile payment methods such as Payforit is popular too. Payforit allows players to deposit at online casinos and charge it to their mobile phone bill.
What Are the Pros of APMs?
Offering alternative payment methods at US online casinos has its advantages. Not only does it meet the differentiation but player expectations as well.
As the US casino market becomes more mature. Players can expect the same banking options and transaction times as UK casinos online.
Operators build trust with players when they add major payment solutions such as Bitcoin and PayPal. This enables players quick deposits and withdrawals. And, we might add they’re convenient and cheap!