If you’re here reading this, you’re probably one of the driving factors behind the huge popularity of online gambling in Brazil among millions of others. Did the numbers shock you? With the technical loophole for gambling, almost 50% of the country’s population has actively engaged in betting in just the last year alone.
If you want to get a better taste of the Brazilian gambling market yourself, you’ll need exact knowledge of the popular payment systems. That way, when you do end up playing at any online casino Brasil has, you won’t be caught off guard.
In this feature, we’re going to introduce you to some of the most popular transaction methods for deposits and withdrawals to ensure a smooth gaming experience.
List of Accepted Payment Methods
This list does not cover all the payment methods. We want to keep things short, so we’ll only talk about the most widely supported systems.
Credit/Debit Cards
Card payments are not just popular in Brazilian casinos but in gambling sites all over the world. It’s easy to use, convenient and requires zero fees for deposits. Adding money to your account also works almost instantly. But for withdrawals, it may take a few days.
In Brazil, Visa and Mastercard are accepted at every casino. For day-to-day transactions, Mastercard isn’t recommended, but on gambling sites, you’ll have no issues with it.
E-wallets
When it comes to high security for payments for gambling, there are very few options that work as well as e-wallets. There’s a wide range of options for this method with different popular wallets being accepted by casino sites.
The best payment systems in this class would have to be Skrill and Neteller which are accepted in most Brazilian casino sites.
Prepaid Cards
Given the gambling landscape of Brazil, the prepaid card payment system seems to be future-proof. There’s a possibility, that gambling transactions in Brazil might get taxed in the future. There’s also a lingering chance that payments made via regular channels could get restrictions imposed on them.
But prepaid cards like Paysafecard won’t be subject to such rules. Since the transaction does not directly happen with the gaming operators, taxation on the payments isn’t something to be worried about.
Which is Your Favourite Payment Gateway?
As we’ve said, these are just some of the popular payment systems for online casinos in Brazil. A tip of the iceberg, if you will. There’s nothing wrong with the other alternatives that didn’t make the list. Check with your gambling operator to see what other gateways are supported.
Read more: Top Gambling Payment Providers for Online Casinos
