The time it takes for your withdrawals to reach your account has a lot to do with the payment method choice. However, it also depends on the casino’s terms and conditions, which includes processing times, pending periods and more, all adding to the delay of payment.
This is an important factor for any player, especially with bigger cashout amounts. It’s for exactly that reason we compare online brands to provide an overview of what each has to offer.
Payment and Withdrawal Providers Comparison
As mentioned above, one of the major payment delay factors is the payment method you’re using. Just a few years ago, online casinos had the option of sending you a cheque in the mail, but it takes 21 days. It fell away just about everywhere as no one used it since they could also pay into your bank account within just 5 days. It’s a no brainer, right?
Well, technology in the payment sector developers incredibly fast as providers find new ways to create faster payments, which turn out to be even safer.
Credit and debit cards are a popular choice since you don’t need any additional accounts to transact with the casino. However, they’ve become some of the slowest payment methods, usually requiring 3 to 5 business days to process your payment.
Today, we have the advantage of web wallets, which aren’t just available for use at online casinos, but millions of stores around the world as well. Using them at the casino gives you the benefit of receiving the payment within an hour after the casino processed it.
It might take only an hour now, but in the near future it will be even quicker and easier as these web wallets progress.
Casinoly is the first on the list in our comparison, which strikes with excellent payments methods, time, and even a cryptocurrency option. Then again, that’s what you’d expect from a professional new online casino. They simply take the latest of everything available, including payment methods and create an amazing place to play thousands of games.
Established late in 2021, the casino doesn’t just deliver top-rated game developers such as NetEnt but includes over a thousands games from multiple award-winning developers. You’ll even score an impressive 100% match bonus with the first deposit and unlock 200 free spins!
Interestingly, Combo Slots Casino is also a 2021 established brand that delivers some of the best payment options, most of which are web wallets. Of course, you can still choose credit and deposit cards to deposit and withdraw as well. You can once again expect the latest of everything, offering a premium gaming experience with loads of games on offer.
Overall, you’ll find a similar experience with Combo Slots Casino as they too provide well over a thousand games from the top developers around the world. Even when it comes to gaming on your mobile, Combo Slots Casino presents games with HTML5 software, meaning you just log in through your browser and play games in HD quality.
Payout Speed Comparison
When we look at the payment options and speed of either casino, we see loads of similar options and benefits. However, they are unique in the way they do things, which might help you decide on the casino with the most suitable benefits for you.
Casinoly packs a power punch with their cryptocurrency benefit. These are the fastest payment methods, which usually take just seconds to process. Not many online casinos offer regular payment methods and cryptocurrency, which makes this brand appear higher on our list.
Even if you’re not interested in using Bitcoin, Litecoin and other cryptocurrencies, Casinoly has a great selection of web wallets and credit card options as well. Credit card transactions require 3 to 5 business days, which isn’t determined by the casino. Web wallets take 1 to 2 hours, depending on now busy the casino is and when it’s processed.
Players can only request withdrawals above NZ$50, which applies to all credit and debit cards as well as web wallets.
Combo Slots Casino doesn’t have the benefit of cryptocurrency, but if you’re not planning to use it, then you’ve certainly got a great choice here. They’re a great competitor for Casinoly mentioned above as in some areas they perform even better!
This includes the minimum withdrawal amount, which is just NZ$30 at Combo Slots Casino. You can also use credit cards, deposit cards and a brilliant range of web wallets such as Neteller, PaySafeCard and many others. You can even request a bank transfer, which takes up to 10 days, but you have the option.
When it comes to payment times, Combo Slots Casino delivers your cash quicker when using a credit or debit card. It takes 1 to 3 business days for the payment, which already saves you two days. With web wallets, you’ll have your funds within 24 hours after the payment is made.
Tips to Shorten Casino Payout Speed
Choosing between the casinos based on their payment methods would be a tough one as they offer about the same benefits. Therefore, the only way to really increase the speed of transactions is to use a faster payment method.
Casinoly has a processing period of 24 hours, which is already a huge time saver in terms of processing times. Many other casinos require up to 3 business days, more than doubling the time it takes you to receive your payment.
Combo Slots Casino payments also have a 24-hour processing period, which means all payment times mentioned above occur after the pending period. Luckily, it’s also one of the shortest pending periods, making it a great choice as well.
Since these two online casinos feature the latest in gaming benefits, both are an easy option for just about any player who wants to receive their funds even faster. If you like the idea of cryptocurrency or you see yourself using it in the future, then Casinoly is the one to go for. If not, have a look at both our Casinoly review and the Combo Slots Casino review on our website for even more details.