In this brief and useful guide we will tell you how payments work at online casinos in Spain. You will learn how to get fast withdrawals, as well as the most popular payment methods among Spanish players. In addition, we reveal to you what are the factors that can delay your payment from a casino. Read on to meet them.
Types of payment methods in online casinos
First of all, we must explain what is meant by payment methods in online casinos. These represent the options that operators offer to deposit money into user accounts and withdraw winnings. You should also know that the same payment method can be used to deposit and withdraw at the same time. But the methods may vary from operator to operator. This is due to the fact that the General Directorate for the Regulation of Gambling (DGOJ) does not establish a specific number of them. Nor does it specify the type of method that an operator must offer, with the only exception that they are legal in the country.
Clarified the point, now we will tell you what are the types of payments in online casinos. Actually we can divide the payment methods between conventional and non-conventional. In the first group are those used by classic banking, such as transfers and credit cards. Some casinos even accept cash payments and withdrawals. This is usually done through own ATM networks or physical casinos related to the operator. In the other group are the most modern online casino payment methods, such as the so-called electronic wallets or wallets. Here we can also locate deposit and gift cards, as well as cryptocurrencies.
Payment methods most used by Spaniards
The summary of online gaming in the 4th quarter of 2021 published by the DGOJ makes many important revelations. One of them is the most popular online casino payment methods among Spanish users. Here the list:
- Visa and MasterCard credit cards
- Bank transfers
Instant withdrawal casinos
At present, immediate withdrawal methods have gained great importance. These allow users to withdraw their earnings instantly and are usually electronic methods. This is why instant withdrawal casinos have become very popular . Here is a list of the most recommended. The selection has been made by observing the fastest payment methods in online casinos, but also the safest.
- Lowen Play
How to deposit at online casinos
The deposit process at online casinos in Spain is very easy and fast. The first thing you should do is create your user account at the casino of your choice. Then go to the payment methods section and choose the one that suits you best. Once this is done, the interface will guide you with very clear steps until you complete the transaction. Please note that deposits may take time to clear depending on online casino payment methods. As we have already told you, instant methods are preferable, as this way you can start playing immediately.
How to withdraw from online casinos
Once you have your user account you will be able to play and your winnings will accumulate there. However, to withdraw your money you must comply with some rules. The first and most important in verifying your identity and age. Keep in mind that by law only people of legal age are allowed to play on these platforms. For verification you will be asked for a copy or photo of your ID. But it will also be necessary to verify your address. In this case, you must attach a copy of a receipt for any public service, such as electricity or gas.
Once this is done, it is time to start the withdrawal process itself by choosing the method. Usually it is the same one with which you made the deposit in your user account. Then you complete the details of the withdrawal, including the amount, to finish with the confirmation of the request. From that point it corresponds to the operator to study your request. So he will check that everything is in order with your documents. The time that the casino will take can vary from a few hours to a few days.
Why withdrawals can be delayed
A very frequent question among new players is why withdrawals or payments can be delayed at online casinos. Actually there are three factors that come to influence this. The first has to do with verifying your user account. As already explained, this process can take a few days. So it is always recommended to verify the account immediately after you have created it. The second depends on the payment methods in online casinos that you have selected. Remember that some take longer than others, so it is best to opt for immediate deposit. Finally we have the little serious casinos. These usually delay requests waiting for the user to give up. In this case it is always advisable to choose casinos licensed by the DGOJ.