Casino Banking Methods for Russian Players

Online gambling in Russia might be heavily restricted, but that doesn’t mean players can’t access premium online casinos to have some light-hearted fun. It’s almost impossible to find a local operator offering these services. Thankfully, many foreign gaming sites aren’t as strict when accepting Russian players is in question. If they explore the iGaming scene, users choose from a list of excellent options that offer top-tier packages and high-quality games. Unfortunately, access can be hindered by the payment methods they accept. Since players in this region need to be extra careful with the payment services they use for gambling purposes, their options are limited. Only a few payment providers supply a workaround for the country's harsh restrictions, and some of them aren’t too widespread. Here are some of the methods Russian players can go for.

VISA

This payment service needs no introduction. As one of the leading bank card providers in the world, the brand has an unparalleled reach that grants it access to online gambling sites worldwide. The list of available options with this method is practically endless, but it does come with a few drawbacks some players might not like. Mainly, the service can feel somewhat outdated compared to modern solutions on the market. Its withdraw processing time is slower than most, and it requires an active bank account to operate.

While using this service means that Russian players can easily access a myriad of foreign online casino, it’s not always a good choice. Since VISA works through a traditional banking system, it’s easy to get in trouble considering the country’s restrictions. Some online gambling transactions might be blocked automatically by your banking provider, while others could lead you to even more trouble in the future.

MasterCard

The situation with MasterCard is very similar to that of VISA. The payment service is a long-standing pillar in the banking industry, issuing what feels like an incomparable amount of credit and debit cards globally. As you can imagine, this international giant offers easy access to countless online casinos. Most gambling sites accept this method, and what's better, they offer unique perks and bonuses to users that choose it as their primary deposit option. Still, its cons are worth considering. Transactions are slower than most new payment services, and the setup process can be long.

As you might have guessed, this option runs into the same big issue as the previous one we discussed. This method’s global reach is due to its widespread traditional banking network. This is generally a perk, but not in countries with strict gambling restrictions. It can be at odds with the region’s gambling limitations, leading to potential trouble in the long run.

Yandex

Yandex is a local Russian service that caters to users in Russia and Georgia. The brand has been around since 2000, establishing itself as a trustworthy banking provider that local online casino players can rely on. Since the payment method is an electronic payment service, it comes with all the advantages of a modern powerhouse. This includes excellent security, lightning-fast processing times, and anonymity!

That last perk on the list plays the biggest role in why Russian players choose this service as their go-to for all things online gambling. The method’s anonymity is the perfect workaround for the harsh restrictions in the region. It allows players to gamble online undetected, keeping their identity under wraps and their transactions to themselves! While this method is one of the best options around, it does have some flaws. Since it’s a local service, its reach isn’t as solid as other options. The list of operators you can choose between is relatively small.

Moneta.ru

Moneta.ru is referred to by many as the Russian version of PayPal. This eWallet service is a somewhat more recent addition to the growing list of Russia-based payment methods, but it’s quickly become a go-to for countless online gamblers in the region. As you imagine, this service offers many of the same perks as top-tier payment services. These include fast transactions, an easy-to-use payment platform, and several other modern features spawning these comparisons. Unfortunately, its credibility isn’t even close to the level of other eWallets.

This payment method’s anonymity gives users the chance to gamble online undetected, but it’s not as well-established as you might have hoped. The relatively new service hasn’t yet found its footing, leading to limited access and a rigid structure. Furthermore, the service doesn’t include a withdrawal option, which can be a deal-breaker for a big chunk of online gamers.

Qiwi

Most Russian players have heard of Qiwi. Operating in Russia and the Commonwealth of Independent States, this brand has become one of the most popular payment providers in the region. Since its launch in 2007, the provider has released several payment solutions users can try. All of them offer unique pros and cons, but the one Russian users are interested in the most is the prepaid cards in collaboration with VISA!

These VISA Qiwi prepaid cards can be found in over 100,000 kiosks nationwide, making them an easily accessible tool for any online gambler. Furthermore, the service is supported by a solid pool of online casinos, giving them several options to choose from! The biggest perk of using this service is glaringly obvious. Since it’s a prepaid card, players needn’t share personal information with anyone involved in the transacting process. This guarantees them a safe online gambling experience while expertly dodging the region’s online gambling restrictions.

WebMoney

WebMoney is another local service that brings a modern payment solution to the Russian and European markets. As the name suggests, this method is an online transfer service that facilitates peer-to-peer transactions. Its nature as an eWallet gives this solution some excellent perks when online gambling comes into play. On top of high-end security and quick processing times, it offers users an anonymous online gambling experience every native user can appreciate.

The unfortunate news about this service might put many players off. While it’s accepted in several online casinos, many of these sites aren’t reputable. They’ve had trouble in the past with paying out wins and might not be licensed by the proper governing bodies. To make matters worse, the service has a few other unavoidable cons users will face. These include low transaction limits, hefty fees, and a lack of support for casino withdrawals.

Further Reading

• Online gambling in Russia- Full guide for Russian Players
• Top Online Casinos for Russia
• Russian Federation Jurisdiction
• Online Casinos that are in Russian
• No Deposit Bonuses For Players in Russia
• No-Deposit Codes for Russian Players