The Internet has blessed us with easy access to any kinds of digital entertainment we want to have, including gambling. Online casinos are everywhere on the net, but only few can promise security and fair games to the users. If you are not careful with what you are dealing with, you are at risk of losing both your money and identity.
Many casinos accept credit card payment. But they are rarely responsible if there is any data breach happening on their servers. Hackers are always lurking and waiting for opportunities to steal information. And do not undermine that fact because only gods know how they are going to use the stolen data.
Anyway, this article focuses on ensuring gambler’s security while playing any games online. Information like this is vital so that your fun with the Goddess Fortune will not end up with regrets.
Understanding the Role of Payment Gateways
The moment you hear about PayPal, Google Wallet, Authorize.net, and Skrill, what comes up on your mind might be e-commerce and online shopping. However, those are not the only functions of payment gateways. In theory, they can be used to make any kinds of payment with partnering vendors, including casinos.
Using a payment gateway enables you to store your bank information in one place. It makes things easier to manage and significantly decreases the possibility for hackers to steal personal data.
Payment platforms dedicate their company’s resources to providing impenetrable security systems. Online casinos, on the other hand, have to split their focus if they want to store users’ data in their servers. Furthermore, renowned gateways like PayPal even go as far as paying white-hackers who can show the vulnerability of their systems.
Checking for a License
After you know the safest way to make an online transaction, the next thing you should learn is the way to check the credibility of the casino. You may have already noticed that on a daily basis, we are all exposed to hundreds of casino online advertisements. And if you happen to have the chances to click on one of them, you may also acknowledge how convincing their homepage design is. Nevertheless, do not get tricked.
First, based on the licensing associations of online casinos, casinos which are based in Europe, Macau, Singapore, Canada and the United States are the only ones recommended. Other than those countries, online games are not well-regulated by any authorities. It means that the chances for you to get your money stolen are also high.
Here is a list of licensing associations that have covered all the major casinos in the business:
- Gaming Regulators European Forum (GREF)
- International Association of Gaming Regulator (IAGR)
- North American Gaming Regulators Association (NAGRA)
- Macau Gaming Inspection and Coordination Bureau
- Malta Gaming Authority
- Kahnawake Gaming Commission
- Office for Gaming Supervision- part of the Ministry of Finance