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Magic Red Casino Payments

Rating: 9 / 10

Magic Red Payment Methods:

  • Visa
  • MasterCard
  • Sofort Banking
  • Skrill
  • Trustly
  • Neteller
  • Paysafecard

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Top 3 Magic Red Payment Solutions

With over 20 services available, making Magic Red payments is not complicated. The casino ensures that it has every type of customer covered. Part of the reason that online gambling enjoys dominance in the entertainment market is the availability of numerous banking alternatives. Whether you play for the highest stakes available or limit your bets to small amounts, you can find a suitable deposit method. Magic Red casino applies this principle. The following three categories are some of the most-used on the gambling website.

Virtual Wallets

Zahlungsmethoden EwalletsDigital wallets offer online gamblers the benefit of privacy, which is a priority for some. When funding your account or withdrawing cash through an e-wallet, only an email is necessary. The Magic Red cashier doesn’t require your card information to complete a transaction; just the account ID and authentication code. Opening accounts with online wallets is straightforward, which is another reason they are popular. Neteller, PayPal and Skrill are the three wallets you can use for a Magic Red deposit. A downside is that these services are not available everywhere. Therefore, customers should consider the availability carefully before choosing to transact via digital wallets.

Credit and Debit Cards

Visa & MastercardFor account-holders who prefer to bank with cards, Magic Red accepts the most-frequently used: Visa, Discover and MasterCard. Maestro is available for customers who wish to use debit. Most people view card transactions as dependable even with other more convenient options available. Credit and debit cards are not hard to use, although the casino requires you to submit your card number. Users don’t have to stress over transmitting sensitive information on the platform. Magic Red uses 128-bit SSL encryption to secure data. Customers can also check the privacy policy to see what the operator does with their information.

Bank Transfers

bank transferDepositing money directly from the bank to the gambling platform makes sense if you have to complete large transfers. Direct banking has high deposit limits, making it ideal for high rollers. Online banking is one of the Magic Red payment solutions that we recommend. The casino supports several banks across the globe, and if you have an account with one of them, you can deposit or withdraw money. Alternatively, you can send cash through an online service like Trustly, InstaDebit and Interac. Magic Red provides an array of online banking services that are available in different regions.

Our Rating and Review of Magic Red Deposit Methods

The performance of a casino relies on its banking as much as anything else. Customers should be able to make payments and cash out without jumping through hoops. Magic Red understands that fact too well. We appreciated the variety of payment methods the operator provides. However, it wouldn’t hurt for the casino to have a few more virtual wallets. This banking option is in high demand because it’s fast, safe and uncomplicated.

Magic Red deposit methods

Making a Magic Red deposit is simple. First, you need a real money account. Then, decide which of the transaction modes are suitable. On the homepage, click on the banking section, select the payment service then authorise the amount you wish to deposit. The specific information required depends on the payment service. If it is a card, you must submit the CVV code while an e-wallet requires an authentication code.

Magic Red makes transacting on the casino hassle-free, even for the most inexperienced user. We loved that for each payment method, the casino provides a guide. You can quickly follow the laid out steps and have money in your account in seconds. Deposits are instant for all methods, except Interac e-transfer, which can take up to 24 hours. Visa and MasterCard allow various currencies, including $, C$ and NZ$. However, some deposit option only transact in one or two currencies. Check the deposit table on the casino for the full list.

Limitations and Fees when Depositing Money

What restrictions should you watch out for when depositing at Magic Red? The minimum required to fund an account is $10. Maximum deposit limits vary with the banking method. For example, you can deposit as much as $50,000 through a direct transfer, but only a maximum of $5,000 via Paysafecard. Most of the payment alternatives don’t have a Magic Red deposit fee, but confirm with the casino. Some payment services might charge a customer for the transaction.

Credit and debit cards come with certain restrictions that can make them unfavourable deposit options. Some card issuers refuse to authorise transactions for gambling services. Others limit the amount you can deposit. In such an instance, you would have to find another banking solution. Verification is necessary, especially when depositing for the first time. If you are linking a card to your playing account, the casino has to ensure that it is legitimate. The casino has 24/7 support in case you have questions like those concerning Magic Red no deposit limits. Contact the support team or browse the FAQs to learn more about depositing funds here.

Magic Red Payout

Determining how a casino pays out winnings is vital when picking an entertainment platform. The Magic Red payout percentage is derived from the RTPs of the available games, which range between 95% and 97%. Requesting for a Magic Red cash out of your winnings is simple. Go to the payments page, click ‘withdraw,’ then choose the preferred banking method. Typically, the casino requires you to withdraw with the same banking solution used for the deposit.

Magic Red safe payoutsHowever, not all deposit options are available for withdrawals. The minimum cashout amount is $10 for all methods apart from wire transfers. Monthly withdrawals cannot exceed $7,000. The Magic Red payout time is 2 business days after sending the request. It’s longer than the industry average, which is 24 hours. The specific banking method determines how long you have to wait. Virtual wallets, for example, take up to 24 hours to process transactions, so that would be 3 days.

Our Conclusion with Magic Red Banking

Now you know which services are available for Magic Red payments, how do you settle on the best one? Magic Red has banking solutions for everyone, so consider the type of player you are.

If you deposit small amounts, then a voucher or prepaid card works fine. Factor in availability of the method, the supported currencies, transaction fees and times. Whatever the option, Magic Red makes it easy to use. Novices should read through the guides carefully before depositing or withdrawing cash. Check the relevant policies as well to avoid confusion. Customers should also leverage the stellar support team when in doubt.

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