Note, since online gaming is not regulated, or the laws are not enforced, it’s a good idea to use alternative payment options for your online gaming endeavors. After all, using credit or debit cards at online casinos exposes you. The authorities can easily get a hold of your banking information. Since online gaming is not legal per se, there could be some potential threats down the road. Then again, it’s up to you.
For the time being, online casinos are not keen on Malaysia based debit cards, such as the popular Maybank2u and CIMBClicks. Due to the legal situation in Malaysia, the payment providers do not want to cooperate with “high-risk businesses”, the likes of online casinos. If, and only if online gaming gets the Government’s approval, Malaysian casino players will have to stick to the major credit cards and alternative payment options, such as the e-wallets mentioned below.
E-wallets such as Skrill and NETeller are among the most popular payment options of online casino players. Try http://onlinecasinomalaysia.xyz services instead. They’re fast, effective, and the fees are inconsiderable if you don’t make frequent deposits. Moreover, you can use them for making other online purchases and/or payments.
They’re especially important for casino players located in regions where online gambling is not clearly regulated, like Malaysian casino players for instance. Skrill, NETeller and EcoPayz can be of great use to you. All of them are available in Malaysia. However, not all of them support payments in Malaysian Ringgits.
Making a direct transfer from your bank to the casino’s bank is more common than you think. However, it’s not as convenient in Malaysia. It’s popular amongst high rollers who like to deposit hefty amounts, using direct online banking platforms, the likes of Trustly in Europe, Instadebit in Canada, and at one point in time, POLi in Australia.
In recent times, mainly because of the volatile legal situation, prepaid vouchers have become extremely attractive among online casino players. At one point it was Paysafecard, but it became part of the Skrill and NETeller group. Today, it’s Neosurf that’s become the number one pick of casino players that are based in jurisdictions where online gaming does not have the popular vote.
Basically, your name is not mentioned until the point you want to make a withdrawal. At this point, it’s highly likely that you will have to withdraw via bank transfer.
Cryptocurrencies exploded in the past few years, and it appears like they’ve taken a tough blow recently. Needless to say, this hasn’t stopped online casinos from accepting Bitcoin deposits, and enabling casino players to enjoy casino games with the once popular, now infamous Bitcoin. As an online casino player from Malaysia, it’s still a good idea to get at the very least consider playing in Bitcoin. Note, do this only if you’re comfortable with managing cryptocurrency e-wallets and cryptocurrency in general. To be frank, online casinos are slowly moving away from Bitcoin,