Credit cards is the most common and popular method of payment. It is acknowledged throughout the world and attracts customers with its simplicity and easiness of use.
It is a common knowledge that credit card is the most suitable way to pay for any kind of purchases, especially over the Internet. But with the help of them many gamblers around the globe make depositing and financial transaction to online casinos' accounts.
Back to the late 80th, when online gambling was a kind of miracle, credit cards played an important role in the e-business, as it was the only possible way of paying in online casinos. Nowadays, with a lot of different options for payment, Visa & Master Card are one of the top players' priorities.
Credit cards remain one of the payment methods in great demand. It is easy to explain: almost everyone has them and there is no need to use some additional means in order to make any kind of money transaction. For example, even highly popular E-Wallet payment method requires funding the account with the help of credit cards.
Another advantage is that payments through credit cards can be easily made at any time, at any place. Moreover, credit cards transactions are instant.
Credit cards became a big disadvantage for US players because of the new law, prohibiting their usage for depositing at online casinos. Credit cards cannot be used in any kind of money transactions between financial institutions and online casinos.
Another disadvantage is that there is a big amount of fraud while paying with credit cards, as many companies with tainted reputation can make use of your credit cards details and steal your money.
Nevertheless, despite all weak points, credit cards are and will definitely be one of the most popular payment options around the world.