Last Update: 17.11.2022 09:16

Payment methods

One of the key criteria to consider when joining a new online casino is diverse and secure payment methods. This is an important factor because you will need to deposit and withdraw funds.

The safest online casinos

Available in Latvia
Safe & expert reviewed
Safe casino icon

Yes, Pafbet is a safe casino. It has been granted a license by the Lotteries and Gambling Inspectorate of the Republic of Latvia. License number – E-02; TI-09.

Main features
  • Original “Paf” casino games
  • Players can see the last winnings
  • Well known casino with great experience
Payment methods
Currency Euro
Payment method Citadele
Payment method visa
Payment method Swedbank
Payment method SEB
Payment method Mastercard
Payment method revolut
More info Less info
Summary

Casino Vulkan Vegas, licensed in Curaçao, welcomes you with a huge range of games, you will definitely not be bored! In addition, customer support is available 24/7. Isn’t that great? As well as an exciting sign-up bonus and a lucrative VIP program await you. This casino has been providing its services for many years to customers all over the world, which shows that it is worth your choice! Vulkan Vegas is very easy to use and a really modern casino

Safe casino icon

Yes, Vulkan Vegas is a safe and reliable online casino, as it has been issued by Invicta Networks N.V. of Curacao. license. License number – 8048/JAZ2012-009.

Main features
  • Games from leading game manufacturers
  • Good casino bonus offers
  • Ability to play and spin the Wheel of Fortune
Payment methods
Currency Euro
Payment method Citadele
Payment method visa
Payment method Swedbank
Payment method SEB
Payment method Mastercard
Payment method Citadele
Payment method Trustly
More info Less info
Safe casino icon

Yes, Wazamba is a safe online casino as it has a Curacao licence. Licence number – 8048/JAZ.

 

Main features
Payment methods
Currency Euro
Payment method ecopayz
Payment method Mastercard
Payment method neteller
Payment method paysafecard
Payment method visa
Payment method Swedbank
Payment method SEB
More info Less info
Safe casino icon

Yes, Olybet is a safe online casino because it has a license from the Lotteries and Gambling Inspection of the Republic of Latvia. License number – E-06; TI-16.

Main features
  • Lots of new bonuses every day
  • Official NBA sports betting representative
  • One of the best poker rooms in Latvia
Payment methods
Currency Euro
Payment method Mastercard
Payment method SEB
Payment method Swedbank
Payment method visa
Payment method Citadele
Payment method Trustly
More info Less info
Summary

Upon your first deposit at this amazing casino, you will receive 100 free spins. Join Mr Green’s loyalty programme, collect points and receive awards: free spins, money prizes, and, last but by no means least, a Mini Cooper electric car. Doesn’t it sound exciting? Customer Support is available through live chat and email. You will also find a section with the most frequently asked questions. You will be able to enjoy quick online banking and credit card payments. The minimum deposit is €5.

Safe casino icon

Yes, Mr Green is a safe and reliable casino as it is licensed by the Lotteries and Gambling Supervisory Inspection of the Republic of Latvia. License number – E-05; TI-15.

Main features
  • New online casino in Latvia
  • Wide offer of jackpot games
  • Huge assortment of games from leading developers
Payment methods
Currency Euro
Payment method Citadele
Payment method visa
Payment method Swedbank
Payment method Mastercard
Payment method SEB
Payment method Trustly
More info Less info
Summary

At Casino Fenibet you will find the most popular slot machines from the best-known game developers. The website is safe for the visitor because it has obtained the required license. Customer support is not available 24 hours a day, but you can contact staff in three languages: Latvian, Russian and English. Payment methods offered – Trustly bank transfers and bank cards. The minimum deposit amount in the casino is 5 EUR. Personal data is processed in accordance with legal requirements.

Safe casino icon

Yes, FeniBet is a safe casino. It has a license from the Lotteries and Gambling Supervisory Inspection of Latvia. Its number is A-62; TI-17.

Main features
  • Beneficial loyalty program
  • Live casino
  • Quality customer service
Payment methods
Currency Euro
Payment method Citadele
Payment method visa
Payment method Swedbank
Payment method SEB
Payment method Mastercard
Payment method Trustly
More info Less info
Safe casino icon

Yes, Gratorama is a safe casino because it is licensed by Curacao. License number – 8048 / JAZ2015-023.

Main features
  • Original Scratch Games or instant lotteries
  • Free sign up bonus
  • VIP bonus program for loyal players
Payment methods
Currency Euro
Payment method Mastercard
Payment method visa
Payment method skrill
Payment method ideal
Payment method paysafecard
More info Less info
Summary

To summarise all the previously analysed information, we can claim that despite Joker being a new casino, it is a promising and customer-friendly platform. The registration process takes less than 3 minutes and is quick and straight forward. New customers get an amazing welcome bonus, whereas existing players are spoilt with cashback and other exciting offers. Currently, the casino does not have a VIP loyalty programme, but this may change as the casino continues to grow and develop. Joker casino offers fast payouts and a variety of slots, among which you will definitely find your lucky one. The following deposit methods are available: Mastercard/Visa, Swedbank, SEB, Citadele, and Luminor. Bear in mind that your chosen payment cards and methods must be in your name, otherwise your winnings could be seized and your account could be deactivated. We rate this casino positively, it is definitely worth giving it a go. Good luck!

Safe casino icon

Yes, Joker is a safe online casino as it was granted a licence by the Lotteries and Gambling Supervisory Inspection of the Republic of Latvia. Licence number – E-08; TI-19.

Main features
  • Joker casino is licenced
  • SSL Sertificate
  • Most popular slot machines available to play
Payment methods
Currency Euro
Payment method Mastercard
Payment method visa
Payment method Swedbank
Payment method SEB
Payment method Citadele
Payment method Lumior
More info Less info
Safe casino icon

Yes, LVBet is a safe online casino. It has been issued a license by the Lotteries and Gambling Inspection of the Republic of Latvia. License number – A-69; TI-14.

Main features
  • High odds for sports betting
  • The offer of casino games is regularly supplemented
  • Sports betting in Esport
Payment methods
Currency Euro
Payment method Citadele
Payment method visa
Payment method Swedbank
Payment method SEB
Payment method Mastercard
Payment method Trustly
More info Less info
Summary

Unfortunately, this casino does not have 24/7 customer support, which makes it difficult for players to communicate. However, the client can find the necessary answers to questions in the frequently asked questions section. It contains all the most popular questions. Online casinos offer a variety of slot games, bingo rooms, table games, and live casinos. Enjoy casino bonuses and slot games from top developers such as: NetEnt, Big Time Gaming, Play’n Go, Pragmatic Play and EGT.

Safe casino icon

Yes, Laimz casino is safe. It has a license from the Lotteries and Gambling Inspection of the Republic of Latvia. License number E-04; TI-12.

Main features
  • The only online casino in Latvia where you can play Bingo games
  • The biggest casino new player bonus in Latvia
  • Slot machines with jackpots
Payment methods
Currency Euro
Payment method Citadele
Payment method visa
Payment method Swedbank
Payment method SEB
Payment method Mastercard
Payment method revolut
Payment method paysera
More info Less info

Importance

When choosing an online casino, it is always crucial to check whether the platform offers diverse and safe payment options. Why is it so important? Surely you would be keen to ensure your money is 100% safe when you make a deposit and request a payout. Third parties will not be able to access your data and other sensitive information if you choose a secure payment method as it will shield you from fraudulent activities and other security concerns.

Casinos with the best payment methods

🎖️ Most payment methods Vulkan Vegas
🎖️ The best choice for payment cards Olybet
🎖️ The best choice for e-wallets Laimz
🎖️ The best choice for bank transfers LVBet
🎖️ The best casino for cryptocurrency CosmicSlot

Payment methods

Any casino is keen to ensure their customers are able to deposit and withdraw money hassle-free, safely, and quickly, which is why they offer diverse and secure payment options. For example, bank transfers, credit cards, debit cards, prepaid cards or electronic wallets.

Payment method Most popular
✅ Credit/debit cards VISA, MasterCard
✅ Bank transfer SEB, Swedbank, Citadele, Revolut
✅ E-Wallet Skrill, Neteller, Paypal, Paysafecard, Trustly, Paysera
✅ Cryptocurrency Bitcoin

Want to learn more? Keep reading!

Payment cards

Debit cards

Debit cards are the most popular payment method in both online and land-based casinos. Its biggest advantage is an additional level of security when making a payment.

Credit cards

This is the second most popular payment method. A credit card is a payment card frequently used for online purchases. Debit cards are issued to pretty much anyone, whereas credit cards are harder to obtain – a customer needs to apply and then qualify for a credit card.

Prepaid cards

These are virtual currency cards that range in value. Although prepaid cards are not yet that common, they are gradually becoming more popular in individual industries.

Popular choices

Card payment MastercardCard payment VISA

Pay with a payment card

4.5
250 Free spins
New player bonus
Payout time
Up to 5 business days
Minimal deposit
5€
Brand new
300 Free spins
For new players
Payout time
3-5 days
Minimal deposit
€5
Brand new
150 free spins
New player bonus
Payout time
1 business day
Minimal deposit
5€
200 Free spins
Cashback up to €200
Payout time
1 hour
Minimal deposit
5€

Electronic wallets

Electronic wallets are one of the newest payment methods providing a whole new purchasing experience. This payment method is becoming more and more popular in online casinos.

Both customers and suppliers are required to register on a relevant platform to make e-payments. Once an e-wallet account is set up, the customer can link up their bank account to withdraw and deposit funds online.

Popular choices

Digital wallet Apple PayDigital wallet Skrill Digital wallet Neteller  Digital wallet PayPal

Pay with an e-wallet

Brand new
ICE
4.5
120% Bonus up to €300
120 Free spins
Payout time
1-3 days
Minimal deposit
€10
100 free spins
New player bonus
Payout time
1 day time
Minimal deposit
10€
15% up to €120
Cashback
Payout time
1-3 days
Minimal deposit
€20
€1000 Bonus
+ 100 Free spins
Minimal deposit
€10
Payout time
1-3 days

Bank transfers

A bank transfer is a popular payment option, however, not the safest.

Popular choices

Latvian bank SwedBank Latvian bank SEB Latvian bank Luminor Latvian bank Citadele

Pay via a bank transfer

200 Free spins
New customer bonus
Payout time
2 working days
Minimal deposit
5€
100€ + 100 Free spins
New player bonus
Payout time
1 business day
Minimal deposit
5€
4.5
500 Free spins
New player bonus
Payout time
1 day
Minimal deposit
10€
100 Free spins
New player bonus
Payout time
1 business day
Minimal deposit
5€

Alternative payment methods

The payment methods mentioned above have been basking in glory for years. However, there are alternative options online, like cryptocurrency. What is it? See below.

Cryptocurrency

Customers who give preference to cryptocurrency pay for goods and services using blockchain-based digital currencies. Why do online casinos use cryptocurrencies? Because there are many advantages, including the following:

  • Lower transaction commission fees;
  • Anonymity;
  • Faster transactions;
  • Allows anyone to send and receive payments anywhere. So instead of physical money that people carry around and exchange in person, cryptocurrency payments exist only as digital records in an online database containing a description of specific transactions;

The most popular cryptocurrency today is Bitcoin. Other cryptocurrencies are available, such as Litecoin, Dash, NEO, Titcoin, SafeMoon, DeSo, TRON, Bitcoin cash, and many others.

Cryptocurrency casinos

+ 125 Free spins
1000€ Bonus
Payout time
1 - 5 days
Minimal deposit
10€
100% bonus up to €500
+ 200 Free spins
Minimal deposit
€10
Payout time
3-5 days
Brand new
100% Bonus up to €500
+100 Free spins
Minimal deposit
€20
Payout time
1-3 days

To note

You have now learnt about the most popular and secure payment types available online. However, in order to choose a suitable payment method, we recommend taking the following aspects into account:

  1. Your chosen method’s reputation.
    Take your time to read online reviews of the customers that have used or are still using that particular payment method.
  2. Deposit and payout commission fees.
    As a general rule, you will be charged a certain commission fee, which will vary depending on your chosen payment method, so make sure you do your research to find the one that is more advantageous for you.
  3. Safety level.
    A secure payment type is of utmost importance because nowadays there are many fraudsters online who try to access people’s accounts. Therefore, always check how secure your payment method is.
  4. Transaction times.
    Transaction processing times will also vary for each payment type, from a few minutes to a few days, so always check how quickly you will be able to deposit funds or withdraw winnings from an online platform.

Safety

Head to the official website of your chosen payment method to check the level of security it guarantees. Online fraudsters spring up like mushrooms, so protecting your financial data is crucial.

Commission fees

Make sure your chosen payment method does not carry a hefty commission.

Transaction times

Check how long it will take for your deposit to be transferred from your bank account into your casino account with the payment method of your choice. The same applies to withdrawing winnings, of course. If you got lucky and won, surely you would want to get paid straight away and not wait for days or even weeks.

Therefore, always check what deposit and payout processing times are linked to a particular payment method.

How to make a deposit

Once you have registered with the selected online casino, deposit funds into your casino account to start playing your favourite games. Normally it is a quick and straightforward process, which will only take a few minutes. Note, however, that this process may vary by casino because each operator has its deposit policy. Nevertheless, some essential steps are almost identical across the board, as described below:

  1. Register with an online casino
    To begin with, you need to register and log in with your username and password. Then go to your account where you will find all available payment methods offered by that particular operator.
  2. Choose a payment method
    Choose a method that works best for you. We recommend choosing the most popular and recognised casino payment types as normally they are the safest and most convenient.
  3. Enter the requested information
    Once you have made your choice, you will be required to enter such information as financial and personal data. The information requested will depend on the type of payment you select.
  4. Choose your deposit amount
    Lastly, decide how much you want to deposit into your account and enter that number in a relevant field.
  5. Make a transaction
    How soon will your transaction be processed and your funds transferred into your casino account? As we have mentioned above, that will depend on your payment type.

How to get a payout

This process is quick and straightforward, and pretty much the same across the board. Take a look at the step-by-step guide below:

  1. Go to your account
    First, head to your account to check the balance. Every online platform sets minimum and maximum payout amounts. Confirm your balance meets the criteria. This information can be usually found in “Terms and Conditions”.
  2. Request a payout
    If you have sufficient funds to withdraw, request a payout by entering a specific amount in a relevant field.
  3. Select a payment method
    Then choose your preferred payment method. Please bear in mind that in some online casinos you may be required to use the same payment method for both deposits and payouts, so if that is the case, then you will need to withdraw funds using the same method that was selected when you made a deposit to your casino account.
  4. Make a transaction
    As we have mentioned before, payout processing times can range from a few minutes to even days, depending on your payment method. It can also vary by casino. Some payment types, such as cryptocurrencies and e-wallets, have faster transaction times compared to, for example, credit cards and bank transfers. Additionally, large sums take longer to withdraw.

Sources

The Casino-latvija.com team always aims to provide the most accurate and up-to-date information. The article comes from a number of reliable and high-quality sources of information. This article uses the following sources of information:

The article complies with the editorial principles of Casino-latvija.com. In case of inaccuracies and uncertainties, please contact the editorial using the following contact form.

  • It is very important to consider how safe and trustworthy your chosen payment method is, as well as things like payment processing times and commission fees.

  • In general, the following payment methods are associated with fast payment processing: credit cards, debit cards, cryptocurrency, and electronic wallets.

  • The safest payment methods are credit cards and e-wallets.

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