Transformative trends that have reshaped casino payment methods in Spain

The digitalised gambling industry has completely revolutionised the way Spaniards enjoy gambling. The modern adult enjoys gambling so much that they are constantly making deposits into their accounts to play online. As a result, more efficient payment methods have been seen as an important differential that online casinos are looking to leverage to attract new players.

For example, thanks to instant payment platforms, we can see how players can opt for a Bizum casino, which is a type of platform that allows them to play with the minimum, making deposits and withdrawals that are also credited instantly.

All of this change is due to the inherent advantages of implementing new technologies in an industry that was historically served in a face-to-face format. Nowadays, users are looking for efficiency, total accessibility and speed in payments, so for a casino to be up to date with the best payment methods means offering a better service, and therefore gaining more customers. Below you can see what are the most important trends through which gambling sites have changed the industry.

Payment release requirements are not the same for all methods.

When online gambling was born, we saw how some payment methods demand different payout requirements. There was always a minimum amount to play and also to withdraw, and this has expanded greatly nowadays.

The payment ranges that are associated with different payment methods, such as Bizum, PayPal, Skrill or Neteller are usually wider and more convenient for players. They are also less restricted and tend to be credited faster, something that traditional bank transfers cannot match, as they have cumbersome limits and crediting times.

Local payments are always more useful

Another major revolution in payments is the use of local payment methods. These payment methods are those that connect directly to the payment instruments that Spaniards use on a daily basis. The easiest example to associate is Bizum, although physical deposits also stand out. Paying with this type of payment method makes it easier for users to have greater accessibility to the means of payment of the gaming site.

Another advantage of this type of payment is that they are credited instantly. That is to say, if a casino allows them to deposit and withdraw money physically, the player receives and credits everything as quickly as the payment is processed. On the other hand, if they make a payment via Bizum, it will also be credited instantly. Other payment types often require verifications and payment processing times that take up to a week to complete.

The security of different payment methods

While there is a lot of security around e-commerce today, there will always be risks of use. This brings us directly to the last of the factors that influence the transformation of payment methods in online casinos, and that is the security of certain payment methods. Paying with secure instruments prevents sensitive information from being leaked, as well as providing an extra layer of security that no user wants to miss out on.

Because of the risks associated with entering your credit card details on websites, digitised payment methods are a very good option to consider. Let's put it this way, if a cyber-attack were to occur on your web browser, they could extract stored information about your payments, however, there is little they can do if the data obtained is not usable. For this reason, avoiding paying with instruments such as credit cards can keep you safe from any risk of electronic theft.