Most Widely Used Internet Payment Systems in Hungary

Online payments become more popular in Hungary, and online casinos strive to offer the most convenient and secure ones to players. The casinos offer a great range of payment options such as bank cards (Visa, MasterCard), e-wallets (PayPal, Skrill, Neteller), bank transfers, and prepaid cards (Paysafecard). Gamblers who enjoy personal options in specific aspects can also use sites that offer PostFinance casinos , which enable fast and secure transactions for Swiss and European players. These options allow for convenient transactions to be made quickly and securely. Internet gambling houses work to offer the most convenient and safe payment methods, so that any player can choose the option that will suit their deposit or withdrawal best.

Types of Payment Methods

Online casino payment options keep expanding, and new casino payment platforms emerge daily that attract the attention of online gamblers. The services do not only provide convenience but also enhance security, providing the customers with the latest and safest solutions.

Bank Transfers

Bank transfers have existed for centuries and are still the favorite of casinos due to their extreme security. While they are secure—since every transfer is validated by your bank—then they will take two working days to get to us. They are the main bank transfers:

Traditional Bank Transfer: Very secure way of transferring money, triggered directly by the bank itself, so data is kept private. It may, however, take a few days to prepare.
SEPA (Single Euro Payments Area): Provides the service for fast and secure euro-denominated cross-border payments in Europe. It's faster and, in some instances, less expensive than international money transfer.
SWIFT (Society for Worldwide Interbank Financial Telecommunication): Global money transfer network across the globe. It's highly secure and accepted but normally slower processing and more costly than SEPA.
Wise (formerly TransferWise): Affordable next-gen transfer service with fast transfers. Renowned for open pricing and live exchange rates, it's getting more popular with online casino players.
GiroPay: An online payment system based in Germany and developed on the bank transfer platform. It is fast, secure, and real-time but is limited to users of German banks only.
Instant Payment Services: Enable 24/7 instant money transfer. They are easy and quick, although not provided by every bank and might have a fee.

Debit and Credit Cards

Credit and debit cards are not only some of the oldest but also some of the most used online casino payment means. They're easy to use, and anyone who has a bank account will often have one. The most widely used types used are:

Visa: One of the most used and secure ways to pay in the world and Hungarian casinos. The payments are instant, although the withdrawals will need a few days.
MasterCard: Another widely accepted and trustworthy option. Broadly accepted across online casinos, with safe and fast transactions and the same withdrawal time as Visa.
Maestro: MasterCard's debit card, used mainly in Europe. Safe and fast transactions, though not all online casinos accept it. Processing time is generally brief.

E-Wallets

E-wallets are also widely used and widely accepted in online casinos. Their strengths are convenience and security, with the transactions being normally executed in real-time. Some of the most used e-wallets are:

PayPal: One of the best-known e-wallets, with fast and secure transactions. Easy to use and widely accepted in online casinos, with instant deposits and fast withdrawals.
Skrill: Another extremely popular e-wallet accepted by the majority of online casinos. Security and instant accessibility, low charges. Convenient to fund accounts and instantly pay, although bonuses won't be available always with Skrill.
Neteller: Similar to Skrill and equally universally supported. Instant transactions and world-class security, ideal for players seeking speed and dependability.
Revolut: Modern financial service for safe and instant online transactions. It offers a simple-to-use mobile app, thus it is easy for players to manage money, including casino deposits.
MuchBetter: Newer e-wallet that is fast becoming popular at online casinos. Offers low fees, instant payment, high security, and a easy-to-use mobile app for money management.

Cryptocurrencies

In the last two years, cryptocurrencies have become one of the most wanted payment methods in casinos. With virtual currencies becoming more and more accepted on the internet, casinos are also more open to their use. The most used cryptocurrency is Bitcoin (BTC): The first and most used cryptocurrency. Its use in the network and total acceptance make it very popular.

Ethereum: A cryptocurrency but also a platform for smart contracts and decentralized applications.
Tether (USDT): A stable currency pegged against the U.S. dollar, which is price-stable and does not have the volatility of other cryptocurrencies.
Dogecoin: Originally created as a joke but has turned into a legitimate payment method due to its community support and low charges.
Litecoin: Similar to Bitcoin but with greater speed and less cost.

Mobile Apps

As more casino game players use online casinos through their mobile phones, several mobile payments have been introduced. Mobile payments suit playing casino games on mobile phones due to the fact that they enable one to pay without being at a desktop PC. Most utilized mobile payments in Hungarian casinos are:

Google Pay: Enables instant and secure mobile payments. Extremely easy to utilize and supported by the majority of online casinos. Enabling users to add bank cards or e-wallets to make instant payment.
Apple Pay: An extremely popular mobile application that ensures secure and convenient payments. Compatible with Apple devices, which is easy for clients to pay promptly and conveniently in online casinos.
SimplePay: Mobile payment application developed in Hungary, providing quick and secure transactions. Enables users to easily control payments and finances. Online casino withdrawals instantly and safely with SimplePay.