Depositing and withdrawing money at online casinos in Romania

Mihai-Alexandru Cristea 29/09/2022 | 20:53

Gambling is a time-honored pastime, but the way players engage with the medium has changed dramatically over the years. A decade or two ago, land-based casinos were almost the only option for anyone interested in casino games, but today, online and in-person operators are common.

 

In Romania, as in many other parts of the world, gambling has experienced something of a gaming revolution since 2020. Today, players can play a wide variety of casino games legally, such as:

  • Slots
  • Ground betting
  • Poker
  • Bingo
  • Blackjack
  • Sweepstakes
  • Roulette

The exact games players can access depends upon the casino in question, and game offerings can vary greatly from one provider to another. It is important to note that casinos in Romania must be licensed. Before you begin searching for the perfect operator for your needs and sign up, in other words, you should first ensure that they are registered with the Gambling Commission.

Note that while some offshore casinos accept players from Romania, It can be tricky to find an operator legally operating in the country. This is because even offshore casinos must have a local representative to obtain a license to operate, a requirement that has made it rather difficult for new providers to secure permission to operate in Romania.

Once you have found a licensed operator, you might think that you are ready to enter Romania’s gambling industry. Before you sign up and start spinning, however, make sure to take a moment to ensure the casino accepts the payment method you want to use. For many players, this translates to prepaid cards and contactless payment rather than credit cards or bank transfers, although some users use all of the above.

Whether you are depositing or withdrawing, you may be wondering which payment method might be the best choice for gambling in Romania. Here are some options to consider.

 

Pick your payment method

Amongst the most common payment methods for Romanian players are contactless payments and cards. While the former might not be a viable choice for casino purchases, the latter is an incredibly popular choice. Digital wallets are increasing in use, too, although many Romanians prefer to use cash even for online purchases.

Let’s take a closer look at common casino payment methods in Romania.

 

Prepaid cards

Prepaid cards are by far the most popular payment option in Romania in any industry, including gambling, with 70% of all payments being made using prepaid cards. Prepaid Visa and MasterCard cards are among the most commonly used prepaid options.

 

Mobile payments

Mobile payments were the second most common payment type in Romania in 2021, with 18% of the market share. This kind of payment option includes Mobiamo, a mobile payment solution accepted in more than 65 countries. Romanians can use Mobiamo for digital services and goods all over the world.

 

E-wallet payments

E-wallet payments are an increasingly common payment option in Romania. Services such as PayPal and ApplePay are examples of these. This kind of payment method allows users to pay electronically using their desktop or mobile device while pulling funds from connected accounts. PayPal users might pull funds from their bank account when making payments, for example, as well as from any other money source linked to the PayPal account in question.

 

Credit cards

Annual credit card spending in Romania totaled 16.9bn RON in the year ending 2021. While prepaid versions of MasterCard and Visa are widely used, neither method retains the same popularity in traditional credit card form. Still, it is possible to use a credit card to make payments in Romania, with the most popular providers being Visa and MasterCard.

 

Bank transfers

Finally, we come to the least popular payment method in Romania. With 1% of the market share in 2021, bank transfers are not a common choice. Given the prevalence of prepaid cards, it is perhaps not surprising that directly transferring from bank accounts to merchants is relatively rare. It is easier to simply load a prepaid card with funds and use that instead, which also protects personal information in the event of a compromised transaction.

 

Start the transaction process

Once you have picked the right payment method for you, it is time to start the transaction process to fund your gambling account. Whether you are hoping to deposit a small amount or would like to move quite a bit of money to your account, the process begins when you visit the operator’s cashier page. Depending upon the provider, you will either click on the name of the method and continue with the transaction from there, or you might first decide how much money you want to deposit or withdraw, then select the desired payment method from another menu.

It is important to note that withdrawal times my vary depending on method selected – typically ranging from 24 hours, up to 5 working days. It may not be possible to withdraw via the same method your original deposit was made.

Before you initiate the transaction, make sure that your banking details are correct. Depending upon the casino in question, if these are submitted incorrectly, this could count against your account and even result in fees, which must be paid before you can start enjoying your account.

 

Confirm the details and play

Most casinos will have modest fees associated with depositing and withdrawing, so the number you see in your account might be different than the one you were expecting, but not significantly so. If there is a large discrepancy, you might want to reach out to customer support for more insight. Once confirmed, players ready to begin or continue at their casino of choice.

Whether you are new to gambling in Romania or are an experienced player, keep the information above in mind when picking the right payment option for your next casino experience. You will be playing your favorite game in no time.

 

Photo: dreamstime.com

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