The APCW

Security in online casino payment methods

A few decades ago, the online gambling industry was like the wild west.

For starters, there was a lack of regulation, and security was not their primary concern. As such, most gaming enthusiasts had doubts over the methods used to depict winners. They worried about the fairness of the games, as well as the safety surrounding the payment methods.

But thanks to technological advancements in the gaming industry, online casinos are now more regulated and secure than ever before.

They're tightly governed by regulations and vetted by independent bodies. Also, payment methods are more guarded, ensuring players are in a safe gambling environment.

To ensure security in online casino payment methods, many websites are adopting Pay N Play services.

Pay N Play casinos: Background and Evolution

Pay N Play casinos like GoSlotty are rapidly taking over and have revolutionized the gaming industry.

So, what is Pay N Play?

For those who are new to online gaming, Pay N Play is a funding method that involves directly depositing funds from a gamer's bank account to a Pay N Play powered online casino, without needing to create an account.

The sign-up process, in most cases, is tedious and time-consuming. Research has also shown that a significant number of gaming enthusiasts abandon online casinos due to the dull registration processes.

What's more, Pay N Play casinos have taken online security to another level. Trustly, the company behind this ingenious invention, collects relevant information as a player makes a deposit and sends it to the operator.

They are eliminating the need for online casinos to ask for personal information, so simplifying the registration process.

Since the gamer is not required to input any personal details, it is hard for hackers to intercept such vital information. Also, it goes a long way in minimizing the possibility of fraud.

While Pay N Play is the latest innovation used to enhance online gaming security and to promote customer satisfaction, it is unfortunate that it is not applicable everywhere.

Currently, only a handful of countries can access this service. However, as technology continues to evolve, it is possibly only a matter of time before all casinos are Pay N Play powered.

Other security factors employed by online casinos

While reputable companies run a wide range of online casinos, there are still plenty of 'rogue casinos.'

A rogue casino is one that is not regulated, does not have a valid license, and is known for defrauding players of their hard-earned money. As a first time gaming enthusiast, it is essential to be on the look-out for such casinos.

Below are additional tips on how to spot a rogue casino and safeguard your money online.

Reviews

Your money is precious, and to avoid losing it to unscrupulous people posing as legitimate casinos, make a habit of reading online reviews.

If or when an online gaming site is labeled as a rogue, it is only a matter of minutes or hours before a disgruntled client calls them out for who they are.

SSL

Is the online casino making use of SSL?

SSL is an abbreviation for Secure Sockets Layer. It's an encryption method used when transferring sensitive data from one point to the other. It makes it impossible for third-parties to intercept the data being passed across.

If you're playing at an online casino without SSL, your data may be at risk.

License

As earlier stated, online gaming sites are now under strict governance. Authorities have put in place rules and regulations to ensure that casinos don't defraud customers. As such, a reputable online casino needs to have a valid license.

The process of acquiring a license for an online casino depends on your country of residence and the regulatory bodies involved.

A small part of the licensing process comprises:

  • Audit of the software and games
  • Background checks on casino owners and financing
  • Financial stability and safety of the casino

 

The best part is that, in most cases, all this information is available in public documents.

By noting the above security measures, you can significantly minimize the risks of falling prey to fraudsters, hackers, and identity thieves.

Last but not least, you will not be a victim of rigged games that only payout in favor of the house.

 

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