Norway and the rest of the Scandinavia have proven to be some of the world’s most lucrative online gambling markets. The country is absolutely crazy about online gambling, making many local online casinos rise and many international online casino throw millions into marketing for the Norwegian market.
Considering the fact that so many online casinos offer their services to Norwegian players, it is important to also note which payment methods online casino players from Norway can use to make their casino deposits and cashouts and how convenient each of them actually is.
Visa and MasterCard
Two of the most popular credit and debit card brands in the world, Visa and MasterCard allow online casino players from Norway to make quick deposits. Since most people in Norway already have one of these cards, all they need to do is enter the digits and the deposit is made.
The downside of using credit cards for online casino payments is twofold. Firstly, cashouts requested into a credit card from an online casino can take up to seven days to process, compared to just hours when using an e-wallet. Secondly, using credit cards for online payments can be somewhat risky as hackers and other intruders can make attempts to steal your banking details.
Nevertheless, credit cards remain one of the most popular payment methods for online casino players in Norway and the development of modern security protocols has made Norwegian players safer than ever in terms of using their credit cards and debit cards online.
A payment processor that has been growing in popularity over the last few years, FundSend allows players to make quick online casino deposits from their banking account. The payment method links up to your online banking account, provided you have a bank account in one of the supported banks.
Most Norwegian players should be able to use FundSend with no major issues. While small fees to apply when using FundSend, the processor protects all your banking information and makes your payments more secure and more private.
Prepaid payment methods are easily the most private and convenient way of making online casino deposits and this is why Paysafecard has gained such popularity. The prepaid card makes online banking 100% anonymous, which means no one will ever get to see your credit card numbers or any other sensitive information.
Paysafecard can be bought in local stores and the code from the card is used to make a deposit. While the deposits using Paysafecard are instant, the method cannot be used to make withdrawals, which is somewhat inconvenient for the players, as they end up having to use another payment processor for cashouts.
Skrill and NETELLER
Without a doubt, the two most popular e-wallets on the internet, who have recently joined forces, are among the most common payment methods for online casino players in Norway. Skrill and NETELLER allow users to link up their bank accounts and credit cards to their wallet and load the wallet up with cash at any time. From this balance, online payments can be made, including online casino deposits.
Skrill and NETELLER are also among the best cashout options for most players, as payments requested into these wallets are usually processed within several hours at most online casino. The processors do charge somewhat significant fees once the player decides to cash the money out into their bank account or credit card, which is a bit of a downside.
Another very popular prepaid payment method that cannot be used for cashouts is the Ukash. The company provides vouchers which can be bought in real world stores for actual cash and redeemed for online money in online casinos and other similar service providers.
Like Paysafecard, Ukash provides an instant and safe deposit method which does not incriminate the player in any way and keep him from harm’s way. The slight disadvantage of Ukash is of course the fact that no cashouts can be made using it and that the player has to physically go out to a store, buy a voucher and come back to their device in order to make their deposit, which seems a bit old fashioned in this day and age.
Somewhat less popular, but still used quite frequently by Norwegian casino players, WebMoney is an online e-wallet which allows users to fund their casino accounts in a safe and fast way. Users link up their credit cards with WebMoney and can use this money to make online casino deposits. WebMoney can also be used to make cashouts, which is an advantage it has over some other payment processors. Furthermore, Norwegian players get to pay lower fees than they do when using e-wallets like Skrill or NETELLER which ultimately saves money and gives the players more money to gamble with and less to worry about.