Video games have many different revenue models, and therefore, players can choose how much to pay, when to pay, and whether to pay at all.
Today, you can play many video games and casual mobile games for free. If you watch the ads or prefer microtransactions in the game instead of a monthly fee or other type of subscription, you can really keep your expenses to the minimum in terms of gaming entertainment.
However, when you decide to pay for the game to get a higher-quality product, extra content, or a feature that is behind the paywall, choosing a payment method is your next step.
Which payment methods are the fastest? Can you use them to pay for the game and also withdraw money from the game? Are these methods safe? In this post, we list the best payment methods and discuss their pros and cons in terms of video gaming payments.
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Apple Pay
One of the top mobile payment methods, Apple Pay is always at hand as an in-built app in your iOS device. You don’t need to download and install it, it is already there. All you have to do is connect your bank card to the Apple Pay e-wallet and pay online and offline with a couple of taps.
One of the key drawbacks of Apple Pay is that one can’t have it on Android, but if you use iOS, this is not even an issue.
Apple Pay works with the majority of banks in many countries and allows you to pay for online and offline services, including subscriptions and microtransactions. Apple Pay is friendly to the majority of online merchants, including movie platforms, betting sites, and platforms like Patreon.
The beauty of Apple Pay is that it allows quick payment without commissions. It is safe and secure, and most users are loyal to this e-wallet due to its simplicity and numerous advantages.
However, there is one single drawback that has to be underlined. You will not be able to receive money on your bank card via Apple Pay e-wallet. Friends or family cannot send you money to your Apple Pay and you cannot withdraw any money from gaming platforms.
Google Pay
Google Pay is very much like Apple Pay. This is an e-wallet for Android that has to be downloaded and installed (it is not built in by default). In fact, you can also install Google Pay on iOS devices if you want.
Google Pay allows payments for products and services both online and offline. End users do not pay any fees; it only applies fees to banks and merchants.
You can add several bank cards to it and pay in a couple of taps in a safe manner. However, just like with Apple Pay, you cannot get paid to your bank card via Google Pay e-wallet.
The good news, though, is that this e-wallet is totally friendly to all types of online platforms, including video streaming services, movie platforms, video games, online gambling and betting sites, cryptocurrency exchange sites, and so on. You can pay literally anywhere where your bank card is accepted.
Trustly
Trustly is a comparatively recent revolutionary online payment service, but its impact is already noticeable in many industries, including the gaming industry.
One of the points of online payments is that many local banks find them not secure enough and suspend payments to some online merchants. However, this is even more true about payments to bank customers from online merchants, for example, paying online casino winnings, video game withdrawals, cryptocurrency exchange transactions, and even some cashbacks. In these cases, banks can suspend the transaction, causing huge frustration in the end users. Online merchants are not very happy as well because this undermines their trustworthiness for their own customers.
Trustly, in its turn, is a wand to save the world. Firstly, it is not really an e-wallet; you cannot keep any money on Trustly. It is a facilitation tool between online merchants and banks. Trustly allows us to process payments from bank accounts to online merchants without the typical delays and bureaucracy we are all used to.
Trustly creates an extra safety level between the user’s money in their bank account and potentially fraudulent merchants. It doesn’t collect user’s data so its database cannot be breached for the data to be stolen. Instead, Trustly uses innovative identification systems that allow it to identify and confirm the user’s identity without exposing it to third parties.
Trustly is so reliable and safe, and even the top 10 fast withdrawal casinos in Canada offer it as a payment method. Canada is very gambling-friendly, but it puts safety first, and Trustly is a perfect tool for safe online payments.
You don’t need an account to use Trustly, you just need an account with the local bank that partners with this online payment method. When paying online for products and services like video game subscriptions, just choose Trustly from the list of options and follow simple instructions to confirm your identity with the bank.
And the best part about Trustly is that it facilitates not only payments from your account but also to your account. It means that you can withdraw funds from your gaming accounts if you win in a slot game or exchange a rare skin in a video game for cash. Such transactions via Trustly are not suspended by the banks.
MuchBetter
MuchBetter is another comparatively new e-wallet and its main peculiarity is that it is completely mobile. You have to download and install an app and register an account in it. MuchBetter is compatible with all types of devices and is available for iOS and Android alike.
This e-wallet is very flexible and allows payments to and from gaming platforms, just like Trustly, but you need to have money directly on the MuchBetter account. You can also top the balance up from any source, like your bank account or other e-wallet.
MuchBetter applies small, predictable fees to all transactions but no hidden commissions, so it is very affordable. However, in contrast to all the online payment methods described above, MuchBetter might have a bit tighter limits in terms of the minimum and maximum transaction possible. Please double-check the fees and limits before you start using its services.
Being in your mobile device, it is always at hand which is an advantage if you prefer casual mobile games or mobile gambling apps. You can quickly send money via MuchBetter and receive it, top the balance up, and monitor all the security nuances. Make sure you have activated your Touch ID and two-factor authentication for this payment option.