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Platincasino Payments

Rating: 9 / 10

Payment Methods at Platincasino

  • Credit card – MasterCard
  • Trustly
  • Skrill
  • SOFORT Banking
  • Paysafecard

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Top 3 Payment Methods

The available banking solutions at an online gambling site determine its usability. Customers should be able to find accounts and withdraw winnings from wherever they are. Platincasino makes this possible with a list of popular payment services. The suitability of a Platincasino payment solution depends on your requirements. Some methods have a higher demand than others. Here are three:

Credit Cards

Visa & MastercardA majority of online users shop with their credit cards because it is convenient. Online gambling offers the same advantage. You only have to input the card number and authorise the transaction. The simplicity and familiarity of credit cards are why a lot of online casinos accept them. Platincasino only allows you to use one credit card – MasterCard. Credit card gamblers might find this a bit restrictive. The casino accepts the card for both deposits and withdrawals.

Bank transfers

bank transferAs much as credit cards provide seamless payments, they are not always suitable. For one, Platincasino doesn’t accept other credit card services. If you don’t have a MasterCard, then you have to consider other alternatives. Bank wires are practical for customers with large transactions. A high roller who needs to deposit more than €10,000 in a day might find that sending money from the bank to the operator is less challenging.

Virtual wallets

Zahlungsmethoden EwalletsThe appeal of electronic wallets is their speed, ease of use and safety. Most digital wallets take only a few hours to facilitate transactions that can take up to several days with other methods. Paying with an e-wallet is simple and doesn’t require you to provide bank or card information. Platincasino has a number of virtual wallets that are available for customers in different regions. They include Neteller, MuchBetter and ecoPayz.

Our Rating and Review of Platincasino Deposit Options

Platincasino is an online casino worth paying attention to as we established from our review. The operator is doing a fantastic job of giving customers what they need. Its deposit options are some of the aspects that prove that. Platincasino deposit methods are chosen carefully to suit different users. The gambling website doesn’t provide a long list of payment services. It has 12 at last count. However, these banking alternatives cater to specific needs, and that is what makes them convenient. We prefer virtual wallets when using an online casino because they are simple and fast. The operator offers five e-wallets, including Skrill, Neteller and PayPal.

Platin Casino deposit methods

We like that Platincasino has banking solutions that are not easily available at other online casinos. One is CashtoCode, an efficient and speedy online payment service that doesn’t require you to provide bank or card details for transactions. Platincasino also allows Apple Pay. A fair amount of online gambling happens on mobile devices, and iOS is a popular platform. With Apple Pay, customers playing from iPhones and iPads can send money to Platincasino with incredible ease.

All the methods are available for deposits, but the availability depends on the region. For example, SOFORT Banking or Klarna is suitable for customers in Germany, Australia and New Zealand. Therefore, customers should check the country restrictions of a particular payment service before using it for deposits at Platincasino.

Limitations and Fees for Deposits

Knowing what to expect with Platincasino payments is good gambling practice. One huge disadvantage when paying at this German casino is that it only transacts in Euro. It means that whatever your normal currency is, you have to convert it into Euro before completing transactions. For a gambling platform that serves an international market, this is quite a limitation. Platincasino accepts only one credit card, and that can turn out to be an inconvenience for some customers. Not every credit card holder is on MasterCard, which means that those users would have to resort to other payment methods that might be less appropriate.

Platincasino deposit fee is zero, which is common in the industry. However, some payment services can impose service charges, so check with a specific one. The minimum deposit required is $10. Whatever the chosen payment method, funds appear in your account almost instantly after transferring them, allowing you to start playing immediately. We didn’t find any Platincasino no deposit limits in the casino’s payment terms. However, customers should always confirm with the operator in case this changes. The casino might need to conduct a KYC process before accepting deposits or withdrawals.

Payouts with PlatinCasino

Which payment methods can you use for Platincasino cash out? Customers can pick from the same ones that are available for deposits. In fact, the operator more often than not withdraws money to the same account used for deposits. Users don’t incur any fees from the operator when they cash out. Again, a payment method can include a service fee, which the customer absorbs. The average Platincasino payout time is 2 to 4 working days. We find that a bit lengthy, especially when you use a method with long transaction times. Some virtual wallets take up to 4 hours to process transfers while others can take over a day. MasterCard takes up to 2 days and wire transfers between 2 and 3 days. If the casino has to do verification checks into your account, the cash-out request takes longer than usual.

SafetyThe maximum withdrawal is € 1,000 for all payment methods. This limit can be restrictive to high rollers who want to cash out in lump sums. €10,000 is the casino’s general limit per customer per week. The Platincasino payout percentage stands at over 98%, which is better than what most casinos offer. However, this is not the casino’s publishes RTP. It’s an average of the payout rates of the different games at the casino. If you enter a PlatinCasino promotion, remember to read the conditions to avoid confusion during withdrawals.

Our Conclusion

Platincasino banking is as efficient as we could expect from a reputable online casino. The operator offers sufficient means for customers to deposit and withdraw cash. We would love to see more credit or debit cards. However, with the gambling industry getting stricter about credit card payments, it’s understandable why Platincasino only has one.

Customers who prefer digital wallets have credible services from which to choose. Even with geographical restrictions, you can find at least one e-wallet that is available in your region. Platincasino payments cater to players of different betting power. Whether you play for the highest stakes or prefer low-limit gaming, Platincasino has the right banking solution. You only have to pick ton select the most suitable.

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Martin Hill tested and rated Platin Casino