For the gamblers living in Korea who are looking for credible payment options to entrust their online casino transactions, we have good news for you. There are plenty of deposit and withdrawal options that can meet your casino payment needs at a gambling site.
But before we delve into them, there is one key thing that you must know. A large percentage, if not all, of the online casinos in Korea, do not offer the Korean Won as a base currency. What is used instead for playing games is a foreign currency, usually the US dollar. Meaning that when you deposit with the Korean Won, the online casino will convert it to USD.
You don’t have to worry about anything going wrong as long as you gamble at licensed and regulated online casinos. These are the kinds of sites we recommend to you. Such online casinos have a wide range of payment methods from reliable companies that will help you carry on with your gambling without any disruption, so you can start safely gambling in Korea..
Best Online Casinos Payment Methods For Korean Players
Looking at other countries, one cannot help but notice the large number of online casinos payment methods that are available to players residing in such places. It will be an error to compare Korea to such countries because different rules are in play. Online casino gambling in Korea is kind of a grey area – it’s not allowed, but many Koreans play at offshore casinos all the same.
However, this does not mean that there is no way out for Koreans who want to play at an online casino. There is, and such payment methods will be listed below.
JCB is one of the biggest payment companies in Japan, but its services also extend to Korea. Through this company, many Koreans have been able to conduct transactions in online casinos. It is considered a safe, fast, and reliable casino payment method by the vast majority of Korean players.
Skrill is a globally recognized payment brand, so it’s not a surprise that they serve Korean gamblers as well. With Skrill, you never have to worry about providing your banking details to any online casino. Meaning that you will enjoy anonymity, a privilege most punters desire, especially Koreans who can get penalized if caught. The only downside to using Skrill in Korea is that you might not qualify for bonuses.
This payment method will deduct certain fees from you if you’re using it in Korea. While this can be termed a disadvantage, PayPal’s high security, ease of use and good reputation makes it indispensable to Korean punters.
Any payment style that promises to cloak the gambling activities of Koreans will enjoy their patronage, and that is exactly what the use of cryptocurrencies is promising. This is why crypto-supported online casinos are fast gaining ground in South Korea.
Debit and Credit Cards
With the unveiling of other payment methods, one might conclude that card payments, such as Mastercard and Maestro, have been sidelined. But nothing can be further from the truth. You see, players cherish a tested and trusted payment solution and that’s what card payments are. Therefore, the comfort and reliability that is associated with this payment method keep it relevant to Korean players.
Things You Must Consider Before Making A Deposit
Two entities are vying for your money in the online gambling business; one is the licensed casino and the other is the unlicensed casino. The former will provide you with good services that will match your investment, and in most cases even exceed your expectations. But the latter is designed to defraud you.
So paying attention to where you gamble is paramount if you don’t want to end up losing your hard-earned money. Here are our guest author An Jung-Su’s top three tips you should keep in mind when hunting for the best online casino in Korea. If you want to read more from him!
- The online casino must be licensed by top licensing agencies. The evidence of this must be displayed on the site. 한국 플레이어를 위한 최고의 온라인카지노를 찾아보세요!
- Ensure that most, if not all, of the above-listed payment methods, are available on the site.
- Choose an online casino that has been operational for a long time. This proves that they know what they are doing and will serve you well.
Without a good payment method, your online casino activities will not even take off to begin with. This is why we have written this guide so that South Koreans will not miss out on any online casino fun. Ensure that any online casino you choose has the payment methods we’ve discussed on this page, and you will never have to worry about errors during your deposits and withdrawals.