Top Payment Methods for Players at Ukraine Online Casinos
When you gamble in, or from, Ukraine, there is going to be a large variety of payment methods offered. Online gambling sites usually make sure to offer common forms of payment in the country in which they operate, and Ukraine casinos are not an exception.
It is often smart to pick a payment method you are already familiar with, and one you might be using when making other types of online payments. However, you can also choose one specifically for your online gambling if you prefer to keep your internet habits separated from one another.
Here are some of the most popular payment methods at Ukraine casinos:
VISA/Mastercard
Ukraine still heavily relies on card payments with debit and credit cards like VISA and Mastercard. You can use them in most stores and for online purchases, and also when you gamble on the internet. Note that Ukraine players gambling at UK licensed casinos will no longer be able to pay with credit cards, as these casinos now only accept debit.
Card payments are simple, provided you have your card (or card number) at hand when you are ready to pay, but you do need to consider the safety aspect. It is safe to pay by card at licensed casino sites in the Ukraine, but if you make your deposits in public, you need to make sure nobody oversees or that your card doesn’t get left behind somewhere.
Expect to pay a small fee on your transactions, often around 2.5% of what you are depositing or withdrawing, but this may vary depending on your bank and any rules applied by the individual casino. Since the legalisation of gambling in Ukraine, Ukraine players can legally use bank cards to fund their gambling.
Bank Transfer
Are you a bit more traditional and prefer to make your transactions via your bank? No problem! You’ll soon discover that most Ukrainian banks are compatible with online gambling sites, so that you can make wire transfers directly through the casino page. Depending on your bank, you may need to have a banking device or Bank I.D at hand to complete the transaction and to log into your internet bank.
The greatest benefit of a bank transfer when gambling in Ukraine is the security it offers, as wire transfers directly to and from your bank are incredibly secure. You get the security features of your internet bank, plus the SSL encryption and other security measures provided by the internet casino.
The downside is that it can take some time to withdraw (and sometimes even deposit) with a bank transfer, and you should expect your transaction to take significantly longer than when using an e-wallet, a banking service like Trustly or similar.
Skrill
Being one of the most popular e-wallets in the world, it isn’t exactly a surprise to find this one among the most popular ways to make casino transactions in Ukraine. You create an account which will store or transfer your money from one destination and to another, and this means you’ll only have to provide the gambling site with your login information.
Ukrainian players are drawn to e-wallets like Skrill for numerous reasons, and one is that it won’t show up on your bank statement. All it’ll say is that money was sent to or from Skrill, and not what the money was essentially used for. This provides a certain level of anonymity to keep new Ukrainian players at ease.
However, make no mistakes, as Skrill and other e-wallets also charge fees. Fees vary depending on the size of your transaction, your location and more, but they have a practical fee calculator on their website to simplify the process.
PayPal
Only a select few international online casinos and casino apps available in Ukraine offer payments through PayPal, but this isn’t necessarily a bad thing. The reason is that PayPal is incredibly selective with the casino sites they choose to work with, and if you find PayPal listed at your favourite gambling site, then it’s most likely a sign of a trustworthy casino.
PayPal’s greatest strength is how many people in Ukraine that are already using it, as it means you won’t have to create any new accounts or familiarize yourself with a new service or payment platform.
The PayPal fees are known for being higher than some alternatives, but they are also very transparent about what they offer and what is expected in return. You get maximum safety on all your transactions, and a customer service that is usually helpful if something goes wrong or if you struggle to understand any aspect of the payment process.
Bitcoin
Data compiled by the Global Crypto Adoption Index shows that Ukraine is one of the top countries for cryptocurrency use in the world, and it currently ranks as number 4! With this in mind, it makes perfect sense that cryptocurrencies like Bitcoin (along with other cryptocurrencies such as Ethereum, Litecoin, Tether and Dodgecoin) also appear among the top casino payment methods.
The only real downside to favouring Bitcoin and cryptocurrency is that there are still many casino websites out there that haven’t bought into this new form of online payments. You might struggle to find sites that let you pay with cryptocurrency, but the good news is that it is on the upswing and is becoming increasingly common.
Bitcoin does require some level of knowledge before you can start making your transactions, but looking at the statistics, it looks like Ukrainian players are already familiar with using virtual crypto tokens to make currency transactions.
The important thing here is that Ukraine online players have plenty of options, but not all gambling sites offer the same payment methods. Have a look before you sign up to make sure you can make your deposits and withdrawals in a way you feel comfortable with.
Resources to Help with Responsible Gambling in Ukraine
Gambling online is a big responsibility, and as Ukraine now allows its citizens and residents to engage in gambling, there is always a risk that some players might get carried away. It is easy to forget that online gambling deals with real money, and that the shrinking numbers in your casino account equals a loss of actual funds.
If you are in Ukraine and if you need help, the casinos available to Ukraine users should provide proper assistance, such as the opportunity to limit your spendings. Set a weekly or a monthly limit on how much money you can deposit into an account, or ban yourself from the site when you feel you’ve had enough.
KRAIL Gambling Assistance & Regulations
The Commission for the Regulation of Gambling and Lotteries (KRAIL) has officially stated that any online casino providing services in Ukraine must provide their players with the option of setting their own preferred gambling limits, as well as exclude themselves and have access to data showing how much time has been spent gambling.
