About Bingo Banking

I found this to be educational as to how bingo banking works, gives you an explaination so you can relax your fears, understanding the security and how it works for online bingo banking

If you are new to online bingo, it may seem confusing to know how it all works initially. Many players are concerned about spending their money at a bingo site, especially at a new site. The good news is that with continuous advancements in technology and encryption, making a deposit at your favourite site is safe and secure. The way that encrypted pages work is by keeping confidential information on a separate server, so that not even the bingo site has complete access to this information. Payment parties are only able to access relevant information required to process your transaction, which ensures security at all times. You can tell if a payment page is encrypted by looking for the lock symbol either in the address bar or on the page, and you can look for a slight change in the link of the page in the address bar – instead of the usual http://www.bingosite.com you will see https://www.bingosite.com (the extra s indicates a secure page).

So remember if you see http with an s (https) you know you are on a secure connection

There are a number of different ways to find your account; however the main options include debit and credit cards such as Visa, Visa Electron, Mastercard, Maestro, Delta, Solo and Switch, as well as e-wallet services such as Neteller and Click to Pay. Using a debit or credit card is one of the best solutions as it allows you to receive monthly statements so that you can keep track of your spending. E-wallet services work with your credit card, and allow you to top up your e-wallet balance and then use this as a secure payment provider at bingo sites, without having to upload your credit card information again. Once you have made a deposit using one of these methods, you can then buy bingo cards using the funds that will appear in your bingo balance. 

Before you make your deposit, be sure to check the deposit limits. These can usually be found on the frequently asked questions page or the terms and conditions page, and are generally around £10 as a minimum with varying maximum limits. For cashing out, some sites have specific play through requirements – be sure to read all rules thoroughly before you play bingo online so that you understand all payment terms properly.