Is SMS a Reliable Deposit and Withdrawal Method for Online Casinos?

Online casinos have experienced a significant increase in the number of gamblers since their inception. Players are spoilt for choice regarding available payment methods. One of such methods is SMS. It is a payment method where you use mobile networks to complete your transactions. Before you decide to use SMS as your preferred payment option, what are the pros and cons?

Pros of SMS as Casino Deposit Method

• Accessibility: Virtually everyone has a mobile phone, and this makes it convenient for players to deposit from any location, anytime.
• Security: SMS is known for its high-security features. You only need to give your mobile contact, and your transaction is complete. You do not need to share your banking details on the online casino platform.
• Speed: SMS deposits are instantaneous. You do not need to go through several authentication pages before your transaction goes through. You only need to confirm your phone number, and your transaction is complete.
• Low deposit Limit: You can deposit funds with SMS for as low as €0.1 giving a cheaper option to try the casino without making significant commitments.

Cons of SMS as Casino Deposit Method

While SMS comes with exciting benefits for players across the globe, there are some downsides to the payment method.

• Withdrawals: While players can deposit funds using SMS, it is not commonly used as a withdrawal method. If you deposit funds with SMS, you might need to choose an alternative withdrawal method.
• Transaction Limit: SMS deposits limit players to low transaction amounts, which can limit some players from placing high stakes on desired games.
• Service Charges: SMS deposits attract service charges that can increase the cost of your deposit amount.
• Availability: SMS deposit options might not be available in all online casinos, which reduces its accessibility and convenience.

How to Deposit with SMS

To deposit using SMS, you need to have a registered mobile number with your online casino. Follow the steps below:

Step 1: Go to the payment page and select SMS as the deposit method.

Step 2: Enter your mobile number when prompted to do so.

Step 3: The amount you want to deposit will be added to your next phone bill. Confirm the transaction, and your funds will be credited indigenously to your casino account.

How to Withdraw with Alternative Methods

Suppose SMS is not an available withdrawal method in your casino. In that case, several alternative methods can be used to withdraw your funds. The available options vary from one casino to another. Here are some commonly used withdrawal methods:

• Bank Transfer
• Credit Cards
• E-wallets
• Cryptocurrencies

Conclusion

Using SMS as a deposit method is reliable, efficient, and convenient. It has an added advantage of ensuring your banking details are kept secure. However, SMS might not be an appropriate deposit method for high rollers who prefer larger transaction limits. Depositing through SMS allows you to instantly fund your casino account, but you may have to choose an alternative withdrawal method.

However you deposit funds to an online casino, always make sure you are using a secure and trustworthy casino that prioritizes your security and provides a seamless gaming experience.