Increasingly people are buying stuff online rather than from brick and mortar stores. And they use online payment system to pay for them. The online transaction industry is booming and more and more people have let go of their qualms regarding online banking.
As it becomes more common, people are discovering the beauty and convenience that online banking systems afford to customers. But this doesn’t mean everyone trusts this system and a lot of people are apprehensive about security features. When you transact using your debit card online, your personal information is transmitted online which can be intercepted by highly-skilled hackers.
Once they have access to your information, they may make malicious transactions online and take whatever money is on your card. This can be very dangerous and makes a lot of people concerned as nobody would like to lose their hard-earned money. If crooks steal your money, you may even be bankrupt and may never get the money back.
Debit cards are the most popular form of payment cards and is issued by almost all banks. Online gambling is one of the fastest growing hobbies and a lot of people now prefer them to brick and mortar casinos. People use their debit cards to make payments directly to websites. But due to no-cash nature of this transaction, not every wants to play online as they are not comfortable using their cards online.
eWallet is the service that attempts to solve this problem by acting as an intermediary between the banks and client you are paying, in this case the online casino. You have to register your debit card with a eWallet along with other personal information and once it is verified, you can use the username and password to make payments.
This means your debit card information can no longer be accessed by your client and you can make whatever payment you want.
Neteller is one of the best in this field and it allows you to register your debit card with them. You can do all future real money transactions using Neteller rather than using debit card information directly.
This is not only more convenient as you no longer have to type in the information everytime, but also much safer as your financial information is now secure in one place instead of dozens of different websites with varying levels of security. All you have to do is select Neteller while making your desired payment.