Top 4 Payment Solutions for Online Casino Affiliates
The main goal of the affiliates of online casinos is to make money. For this purpose, it’s essential that they choose the best from the payment solutions made available for them. There are some that charge exorbitant fees for processing payments and withdrawing funds. A few others have highly complicated terms and conditions that you have a hard time understanding.
Fortunately, you have several options in payment solutions today. This makes it easier for you to choose a payment solution that’s trustworthy and hassle-free. Here are some of the best options in payment solutions for online casino affiliates available in recent times:
Available in over 200 countries across the world, this is perhaps the most popular payment solution in recent times. PayPal is reliable, flexible, and safe. Its users can send or receive payments in many currencies. It began more than a decade ago and is now a well-known alternative for affiliates, merchants, and commercial users.
It is available at all the major affiliate networks and offers free transfers between PayPal accounts. The downsides of using this payment solution is its relatively high commission costs and strict rules.
2. Wire transfer
You’ll come across different forms of wire transfers, but the process that they use is the same. They are subject to some stringent procedures for KYC (Know Your Client). They are intended to reduce money laundering and other financial frauds.
In wire transfers, money is moved from the sender to the receiver either physically or electronically. One of the major drawbacks of wire transfer is that it takes around 1 to 3 days to complete. The bank charges on such transfers vary depending on the withdrawal amount and other factors.
This payment solution supports 40 currencies and is available in nearly 190 countries. It was formerly known as Moneybookers. Skrill is a payment solution that many affiliate programs, online casinos, and certain financial services use. One great thing about Skrill is that affiliate payouts can automatically convert the currency.
As a result, the affiliate can get their payouts hassle-free, no matter where they are in the world. You can use Skrill if you don’t have other e-wallets available for you. Skrill charges no joining fee. If you use it every 12 months, you don’t have to pay the maintenance fee either. If you don’t use it every 12 months, you’ll need to pay a monthly fee of $3.
This is yet another popular payment solution that many affiliates and bloggers across the world use. Payoneer users with an online account also receive a debit card. They can use it to withdraw funds from ATMs or banks anywhere in the world. Many of the major advertising networks also have a direct integration with this payment solution.
If you’re using Payoneer, you can receive affiliate payments from any country. The only condition is that the company must be on Payoneer’s whitelist. This payment solution is trustworthy and extremely easy to use. Besides, it has an excellent customer support for quick resolution of issues. One of its downsides is that it has a long withdrawal period. It provides only a limited number of withdrawal methods.