Philippines Online Casino Deposit Methods

Deposit Options For Philippines Online Casinos

The next step after successfully registering for an account with an online gambling site is to make a deposit. Players can do this by simply navigating to the Cashier page when logged in. Once there, you can select from a list of available deposit methods, each of which accepting pesos. Enter in the amount of pesos you wish to deposit and any promo codes if you are claiming a bonus, then click submit. In most cases, deposited funds should be available within 24 hours, but this can change depending on the method you select. Our research indicates that the following deposit methods are the most common in Philippine online casinos:

• Credit cards and debit cards
• e-Wallets (Skrill and Neteller)
• Prepaid cards (also include gift cards)
• Wire transfer
• Cryptocurrencies
• Money orders

Credit Cards / Debit Cards

Credit and debit cards are often the first option for many players due to their convenience and accessibility. Minimum deposit limits are usually lower for credit cards and debit cards. The most commonly accepted brands are Visa, MasterCard (MaestroCard) and American Express. There can sometimes be a low percentage fee attached to credit card or debit card deposits, but these are often waived for the first deposit (and possible subsequent deposits), but this is up to the operator's discretion.

Deposited funds should be available shortly after completing the deposit. Additional documentation, such as your driver’s license (or other form of ID), credit card statement, etc., may be required before being eligible to use your card. This is a cautionary step taken to validate your identity and protect your financial/personal information.

Popular Credit Cards And Debit Cards Used At Online Casinos Accepting Philippines Residents

Visa and MasterCard

• Transactions in PHP – Yes
• Accepted at online gambling sites – Yes
• Fraud monitoring – Yes
• Minimum deposit – 1295.88 PHP
• Maximum deposit – 25917.50 PHP
• Additional fees – Varies

Visa Electron and Maestro Card

*Similar to a traditional Visa and MasterCard debit cards, except these are a prepaid card option. These cards are a preferred method for online transactions

• Transactions in PHP – Yes
• Accepted at online gambling sites – Yes
• Fraud monitoring – Yes
• Minimum deposit – 1295.88 PHP
• Maximum deposit – 25917.50 PHP
• Additional fees – Varies

e-Wallets

e-Wallets are an example of more technologically driven deposit method. They provide a peer-to-peer digital wallet service accessible through your computer or mobile device. You can send and receive money easily in multiple currency forms (including Filipino pesos). Players can get a more anonymous online gambling experience via digital wallets since you are not required to enter in any personal information.

Popular eWallets Accepted At Philippines Legal Online Casinos

Neteller

• Transactions in PHP – Yes
• Accepted at online gambling sites – Yes
• Funding options – Use your credit/debit card, bank account or prepaid card to fund your eWallet
• Fraud monitoring – Yes
• Minimum deposit – 518 PHP
• Maximum deposit – 129587.50 PHP
• Additional fees – No

Skrill

• Transactions in PHP – Yes
• Accepted at online gambling sites – Yes (but not as much as Neteller)
• Funding options – Use your credit/debit card, bank account or prepaid card
• Fraud monitoring –Yes
• Minimum deposit – 518 PHP
• Maximum deposit – 129587.50 PHP
• Additional fees – No

Cryptocurrencies

Cryptocurrencies are the up-and-coming frontrunner for preferred transaction methods with online gambling sites. Digital currencies, as they are also known, are unregulated currency forms developed exclusively for online use. Between them, all the sites we recommend feature support for an assortment of the following popular crypto gambling options:

• Bitcoin (BTC)
• Bitcoin Cash (BCH)
• Litecoin (LTC)
• Ethereum (ETH)
• Cardano (ADA)
• Solana (SOL)
• Ripple (XRP)
• Stellar (XLM)
• Dogecoin (DOGE)
• Chainlink (LINK)
• Shiba Inu (SHIB)
• Avalanche (AVAX)
• Binance Coin (BNB)

Cryptocurrencies have grown increasingly popular because there are no additional fees tacked on to transactions and they feature the fastest processing times out of all the available methods. There are even bonuses exclusive to cryptocurrency users, and crypto is also the only way to claim guaranteed same-day payouts when you win. If you are looking to receive the full amount of your winnings in the shortest amount of time, consider using cryptocurrencies.

Crypto currency is also more anonymous in nature than traditional currency options, because all you need to enter is your gambling site’s digital wallet address. No personal information is required to make a crypto transaction. If you are looking to gamble with crypto we suggest you see our BC.Game casino review where we list all the accepted cryptocurrencies that the site accepts, and it's a lot.

Wire Transfers

Wire transfers are a bit archaic to use in today’s online gambling landscape, but a lot of sites still offer them as viable transaction methods. People tend to use wire transfers more for withdrawals, but players can make deposits with them as well. Wire transfers are beneficial in that you can make a deposit without attaching any personal banking information. You only need to enter in banking information if making a withdrawal. However, wire transfers are limiting in that they have some of the longest processing times around and incur high percentage fees per transaction.

Prepaid Options

Another popular deposit route are prepaid options. Players can load money onto a prepaid card and then use it like a debit card when making deposits. This method is helpful because it allows players to only gamble with what is loaded on the card, whereas credit cards allow for unrestricted play. ecoPayz is an example of a prepaid option available to Filipino gamblers. Prepaid cards are available in multiple currency forms, including pesos. Sometimes they fall under the title of international gift cards, such as MST Gift Cards, which are available for worldwide use.

Popular Prepaid Options For Online Casino Gambling In The Philippines

MST Gift Cards

• Transactions in PHP – Yes
• Accepted at online gambling sites – Yes
• Funding options – credit/debit, bank account
• Fraud protection – Varies
• Minimum deposit – 1036.70 PHP
• Maximum deposit – 25917.50 PHP
• Additional fees – No

Entropay

• Transactions in PHP – No (only USD, GBP and EUR)
• Currency Conversion Services Available - Yes
• Accepted at online gambling sites – Yes
• Funding options – Can top up using a credit/debit card (subject to transaction fees)
• Fraud monitoring – Yes
• Virtual debit card

Ecopayz

• Transactions in PHP – No (but there are alternative forms such as USD, GBP and EUR)
• Currency Conversion Services Available - Yes
• Accepted at online gambling sites – Yes
• Funding options – Can top up using a credit/debit card (subject to transaction fees), bank account, alternative currencies, etc.
• Fraud monitoring – Yes
• Virtual debit card

Money Orders

Money orders can be purchased at local retailers and mailed to the designated address found in the casino cashier or banking suite.  If you have any questions about where to send the money order, you can contact customer support at the online casino at which you are depositing funds.  Obviously this funding method takes some time due to having to mail the money order, but is a reliable option for those who are not interested in any of the online payment methods.

Popular Money Order Options To Use At Philippines Friendly Online Casinos

Western Union

• Transactions in PHP – Yes
• Accepted at online gambling sites – Yes
• Minimum deposit – 2591.75 PHP
• Maximum deposit – 51835 PHP
• Additional fees – Not for deposits of at least 5183.50 PHP

Withdrawal Options For Philippines Online Casinos

Withdrawing funds is arguably the most important component of the most trusted Philippine online casino sites. Players will not use the service if making withdrawals is a complicated process. Each gambling site has their own policies regarding payouts if bonuses are involved. Sites typically limit how much you can withdraw in a certain period of time (per month, for example). Our research has shown the following methods are popular for Philippine players:

• Cryptocurrencies
• Cheques
• Wire transfers
• e-Wallets

Cryptocurrencies

It is easy to see why the allure of cryptocurrencies extends to withdrawals. Players do not have to risk losing some of their winnings due to processing fees issued from the online gambling site or a backing financial institution. Players will be able to receive their winnings almost instantaneously after requesting the payout. Digital currency transactions are inherently secure through the digital wallets that store them coupled with the data encryption of online gambling sites.

eWallets

The same arguments for why e-Wallets are good for deposits can be made for withdrawals. They allow for anonymity and speedy transactions without entering in your credit/debit/banking information into the online gambling site. You can receive money as easy you can send it. There are low percentage fees applied to e-Wallet withdrawals. Skrill and Neteller are the 2 most common digital wallet service providers.

Popular eWallets Options For Online Casino Withdrawals In The Philippines

Neteller

• Transactions in PHP – Yes
• Released in less than 48 hours
• Minimum withdrawal – 518.35 PHP
• Maximum withdrawal – 259175 PHP

Cheques Via Courier

Another available method is paper cheques via a courier service. This method may seem dated, but it is still offered for players without digital means. The downside to paper cheques is that they take a long time to send (could be weeks) and there are deductions to your winnings thanks to additional fees. This is why many players have begun using digital services.

• Sent via multiple international providers
• Only sent to physical addresses
• Minimum withdrawal – 20734 PHP
• Maximum withdrawal – 129587.50 PHP
• Additional fees – Varies
• Can take a long time to send

Is Online Banking Safe?

All of the Philippine online gambling operators that we recommend are safe when it comes to financial transactions. Each transaction method has its own inherent security features (i.e. fraud protection), but there is no such thing as too much security. Reputable online casino brands provide data bit encryption and SSL (Secure Sockets Layer) protection to safeguard all personal and financial information. For those who would like to disclose as little personal information as possible, there are financial methods that suit your desire.