Person to Person
Person-to-Person Online Casino Deposits
Person-to-person deposits allow casino players to transfer funds between accounts. They are convenient, fast, easy to use, and they usually come with no fees imposed by the casino.
This article will do a complete person-to-person casino review and list some of the top person-to-person casinos for US players. We will also talk about the advantages and disadvantages of using this method and give you a quick guide on using this deposit method in a few easy steps. Read on!
Overview of Person-to-Person Casino Deposits
Recognizing that this payment method is convenient, many online casinos in the US have started to accept it. The number of online casinos accepting person-to-person payments increases every day, alongside those that offer other popular payment methods like credit cards, e-wallets, and cryptocurrency.
Finding a casino that accepts this method is not that hard, but not all person-to-person casinos are worth your time and money. That’s why we decided to help you out in your selection and list some of the best and most trusted person-to-person operators for US players. Check them out below!
Advantages of Using Person-to-Person Payments in an Online Casino
Person-to-person payments have many advantages that make them one of the best online banking options. Here are some of the main ones:
While most deposit methods allow for almost instant transactions, person-to-person payments are among the fastest. Person-to-person transactions are completed between two people using an intermediary service. Therefore, the waiting times are minimal.
Security is never an issue with person-to-person. You won’t need to leave any of your banking details to the casino operator since the money is only moving from one user’s account to another. This makes person-to-person one of the most secure payment methods of all.
Doing person-to-person transactions is not completely anonymous because you will still have to provide identification details to complete the transaction. Yet, the recipients do not have to have a bank account to receive the funds.
Simple to use
You don’t need to be a financial guru to use P2P. Depositing through this method is simple, and the whole process is very intuitive, so you will be able to quickly wrap your head around the system even if you never used it before.
No fees (in most cases)
Using person-to-person comes with no additional charges imposed by the casino operator. That said, some casinos can be a bit stingy and include fees on P2P transactions, but we advise you to avoid those casinos at all costs.
Disadvantages of Using Person-to-Person Deposits
Many gambling sites accept person-to-person deposits, but like any other payment method, P2P is far from perfect. Here’s why:
Only deposits, no payouts
Most casino payment methods work both ways, but person-to-person is not one of them. You can only use this method to deposit money into your casino account and not to withdraw it. There are exceptions, of course, but casinos that allow person-to-person withdrawals are few and far between.
Deposit limits are the major drawback of person-to-person deposits. The maximum limits are usually around $500, while the minimum limits tend to be slightly higher than other deposit methods.
How to Make a Person-to-Person Online Casino Deposit in Five Easy Steps
Now that you know the basics of the person-to-person payment method, it’s time for you to learn how to use it. We’ve created a simple step-by-step guide that will help you make a deposit and start playing in minutes.
- Choose a Person-to-Person Online Casino
We made this first step easy for you, as we have already listed some of the best person-to-person casinos above. Simply choose one according to your preferences (pay attention to the selection of games, bonuses, etc.) and go to its homepage.
- Create an Account
Once you land on the website, start the sign-up process by filling out a registration form that includes your name, date of birth, and other identification details. Once you complete the registration, you will only need to activate your account through a verification email.
- Go to the Cashier
Once your account is ready to use, head over to the casino’s cashier section, and find the deposit page. You will see a drop list of all the available deposit methods. Choose “person-to-person.”
- Complete the Deposit Process
To complete the deposit, simply follow the instructions on the page. You will be asked to share some details and to type in the amount you wish to transfer. Make sure that you follow the casino’s rules regarding minimum and maximum person-to-person deposit limits.
- Start Playing
All you need to do now is wait for the transaction to be confirmed, which is usually instantaneous but can take a few minutes in the worst-case scenario. Once the funds are successfully transferred to your casino account, you can start playing the games. Good luck!
Factors to Consider When Choosing a Person-to-Person Online Casino
Our recommended casinos are the best online casinos that take person-to-person deposits for US players. However, in the end, you will need to choose a single one. So, how do you decide which one to choose?
Selecting an online casino should be done according to your preferences. The best casino for one player is not always going to be the best for everyone. Nevertheless, here are some general factors to consider when making your choice.
Selection of Games
Choose a casino according to which type of games you like playing. If video slots are your bread and butter, find an operator with a substantial selection of slots and progressive jackpots. If you prefer traditional table games, look for a site that has dozens of them or, better yet, offers live dealer games.
Bonuses and Promotions
Every casino has bonuses and promotions, but apart from looking for one with the most valuable bonuses, you should also consider how those bonuses relate to the games you want to play. For example, if you like video slots, you should choose a casino that offers many free spins, as these promotions are exclusive to slots.
When checking out the bonuses, look into their terms and conditions, and see that the wagering requirements and other limitations are acceptable.
Many online casino players these days choose to play their favorite games on a mobile device. If you’re one of them, you should look for a casino with a functional website design that will make for seamless mobile gaming. Better yet, find a casino operator that offers a free mobile app.
Is Person-to-Person the Right Banking Method for You?
Person-to-person is a quick and safe casino payment method, but it’s not perfect for everyone. If you’re okay with depositing smaller amounts and you have an alternative method for withdrawals, then there’s no reason you shouldn’t use person-to-person.
However, if you’re a high-roller that plans on frequently depositing more than $500 in one go and you want to find a method that will allow you to withdraw as well, then you should probably look for another option.
Person-to-Person Deposits — Brief History
For years, person-to-person deposits weren’t available to casino players. Instead, they could only rely on methods like credit cards and direct bank transfers. But as the online gambling industry began to expand in the mid-2000s, casino operators started looking into alternative payment methods they can offer to players.
This was also when ecommerce, an industry ideal for P2P transactions, started to grow. As person-to-person transactions became more popular, online casinos joined in on the action. Today, you can find hundreds of casinos accepting this payment method, and soon, there will be even more of them.
Person-to-person remains one of the most popular online casino payment methods because it allows quick and secure transactions. It does have its limitations, of course, but it’s nevertheless an excellent overall choice for making online casino payments.
FAQ About P2P Payments Deposit Methods
Below are some of the questions players frequently ask about P2P payments deposit methods.
Unfortunately, using person-to-person at an online casino only works for deposits. Some casinos do accept P2P withdrawals, but they are very rare.
Deposit limits vary between casino sites, but the standard minimum deposit limit is between $50 and $100, while the maximum limits are usually around $500.
Casinos rarely charge any fees for P2P deposits. To make sure that is true, always check the casino’s banking page or contact its customer support.
Person-to-person deposits are usually instantaneous, but you may have to wait a few minutes for the transaction to go through.
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