Boku, Cashlib, and PayPal Casinos: Which Payment Method is Right for You?

A Modern Wealth of Payment Options

There are new forms of payment being introduced all the time. Anyone who has been paying attention to the payments industry will have seen an absolute explosion in terms of options.

Of course, recent years have seen cryptocurrencies become mainstream but plenty of players would still rather pay using flat currencies. To do so, there are popular options like PayPal that are still a huge part of the industry.

Crypto and mobile payments have changed a lot for everybody, and they have also introduced extra layers of security and different payment mechanisms. Mobile payments such as Apple Pay have introduced more in the way of security functionality and extra layers of authentication. This is something that we also see with options like Boku and Cashlib, companies that spend a lot of time and resources working on the security as well as convenience for their customers.

In this guide, we’re giving a brief overview of the options and what each of them means for players. All three of these have their own unique twist.

PayPal Casinos

Lots of people have been using PayPal for decades now. It is not a new concept and it was one of the first digital wallets out there. The instant transfer feature lets users move funds to Paypal casinos right away, without any fees, making it one of the quickest payment methods available. This option allows players to bypass the wait times associated with more traditional payment methods, which means less hassle around payments and more focus on the games.

PayPal does not share sensitive banking details with online casinos, ensuring users’ privacy and reducing the risk of data exposure. However, if large transactions are processed, casinos may conduct additional verification checks, so it’s something to be aware of for frequent or high-value transfers. These can also take a while to go through, which is frustrating for people.

So many people have PayPal accounts and are able to use this method really easily. Of course, it does not guarantee that a casino itself is trustworthy so people still need to use other methods to verify the history of the brand and how they treat their customers. New brands should be checked even more thoroughly.

Cashlib

Cashlib is one of the more unusual options on the payment market. With new ways to pay being released all the time, a lot of people are looking for interesting tweaks and methods they can use to pay in a slightly different way – Cashlib appeals to those who value anonymity and don’t want to share personal banking details with the casino site.

One of the reasons for this is the fact that it takes the funds and turns them into a voucher, which then has a 16-digit code that can be redeemed on the casino site (assuming it accepts Cashlib).

This has pros and cons for people. It is anonymous and very hard to track the personal details of people who are using this method of payment. On top of this, it can be a pretty seamless way to do things, and transfers happen quickly. So, Cashlib casinos are becoming more popular as this is a simple way to pay and protect people’s details.

Boku

Boku is another different option for casino brands to offer their customers, and for players to use to make secure payments. It has some excellent benefits and uses the player’s mobile network to make instant payments. There are over 300 different phone networks signed up.

One thing that sets the method apart is the fact that it does not involve any fees. When players make a deposit using Boku, the full amount goes directly into their account with no hidden reductions or extra charges. Any transaction fees are passed onto the merchant, so the casino absorbs these costs.

It is fast, too. Boku transfers are processed on credit, meaning the deposited amount goes straight into the player’s casino account instantly. The payment is later reflected in the player’s mobile phone bill or deducted from their phone credit. This fast processing allows players to dive into games immediately without waiting for funds to clear.