Casino Payment Methods in Bangladesh

Payment Options for Bangladesh Casinos

When you play online casino games for real money, dealing with one payment method or another is inevitable. The Bangladesh iGaming industry is growing rapidly, and more online casinos are opening their doors to players from the country. That said, Bangladeshi casino lovers can only fully enjoy their experience on these sites if they have access to payment methods for easy deposits and withdrawals.

Also, choosing the right payment method can be a challenge, more so if there are numerous options. In this comprehensive guide, we’ll explore the top banking options in Bangladesh online casinos as well as the pros and cons of using them. We’ll also provide some surefire tips to help you choose the right methods and the best online casinos to find them.

What Are the Most Trusted Payments in Bangladesh?

Reputable online casinos in Bangladesh typically feature a wide range of payment options, from mobile payment services to e-wallets and even cryptocurrencies. Yet, the importance of choosing the right one cannot be overstated.

For one, some payment options charge higher fees than others, affecting your profit. Others take a longer time to process payments. For these and other reasons, it’s crucial to consider your payment methods carefully when gambling online.

🥇bKash

bKash is the number one digital payment service in Bangladesh and is widely accepted at most online casinos in the country. Players enjoy using this payment system because it’s quick and secure, thanks to its government backing.

Also, setting up a bKash account and making payments is straightforward. Simply download the bKash app or visit the website and click the Register button to get started. You only need your mobile number and National ID card to create an account and get verified in no time. Visiting a physical agent or customer service point is also an option.

Casino deposits using bKash typically involve entering the amount and your bKash account number; the money is credited to your casino account almost instantly. Withdrawals follow a similar process and are usually completed in under 30 minutes.

🥈UPay

UPay is a trusted payment method in most casinos in Bangladesh. The service lets you deposit and withdraw money to and from your online casino account using only your mobile phone. To open a UPay account, you can visit a physical vendor and submit the required documents or use USSD if you’re a Grameenphone user. Your mobile account will then be activated, and you can use UPay USSD, mobile, or credit/debit cards to make payments in Bangladeshi taka.

🥉Nagad

Over the years, Nagad has emerged as one of the top deposit and withdrawal methods in most online casinos in Bangladesh. This payment service allows you to complete secure and swift transactions without hassle.

First, you must create and verify your Nagad account using a passport or National Identity Card. You can then transfer Bangladeshi taka from your bank account into your new wallet. After this, visit the casino’s cashier page, select Nagad, and enter your account details to complete a deposit or withdrawal. Nagad uses streamlined account synchronization to simplify transfers between your wallet and different taka online casinos.

🎖️Rocket

Rocket is a digital wallet launched by Dutch Bangla Bank in 2011 to provide an easy means for Bangladeshis to complete mobile payments. Its user-friendly and highly secure mobile app has made it a staple in most online casinos in the country. You can top up your Rocket balance by linking it to your local bank account or credit card. There are also multiple physical agents and shops where you can go to make cash deposits.

Digital wallets like Rocket allow you to deposit and withdraw from your online casino account in Bangladeshi taka without sharing your personal bank details with the platform. All transactions from your Rocket wallet will require entering your PIN, and there’s also OTP authentication for additional security. Deposits are instant, and withdrawals take up to an hour. Another major advantage of Rocket is its more flexible limits and lower fees compared to other payment services.

Credit and Debit Cards

Credit and debit cards are another common payment method in online casinos in Bangladesh. They’re popular mainly because they’re so easy to use. You simply have to enter your card details, and the desired amount will be credited or debited.

Besides being convenient, cards are accepted in almost every online casino in Bangladesh, so you can easily switch between sites. Cards also feature multiple layers of security to guarantee safe transactions and protect your funds in case the card is lost.

Visa, Mastercard, and AmEx are the most popular card providers in the country. These are linked to your local bank account and can be used to fund your online casino wallet with taka. Deposits are completed instantly, and transaction fees are usually low or nonexistent.

Unfortunately, a significant disadvantage of using this payment method is that some card issuers do not allow online gambling payments. Others might not allow you to deposit money but classify the transactions as cash advances, which can be expensive.

Bank Transfer

Bank transfers are one of the more traditional payment options available at online casinos in Bangladesh. This method is more suitable for players who frequently make large transactions as it usually offers higher maximum deposit and withdrawal limits.

Bank transfers are also an easy way to load your account with Bangladeshi taka. The process involves moving the funds directly from your bank account to your online casino account. 

However, while bank transfer deposits are completed quickly, withdrawals can take up to five business days. Also, you might be charged for these payments. Furthermore, the online gambling laws in Bangladesh are unclear, so it’s not uncommon for banks to reject online casino payments.

Cryptocurrencies

While cryptocurrencies are not formally legal in Bangladesh, they are becoming more common in online casinos thanks to their many advantages.

Cryptos are perfect for Bangladeshi players who want to enjoy their favorite online casino games without sharing their bank details. These digital funds allow players to complete payments anonymously while keeping a public record of each transaction for transparency. Bitcoin is the most popular cryptocurrency option, but you’ll also find others like Ethereum, USDT, BUSD, Bitcoin Cash, and Litecoin.

Another major advantage of this method is that the payments are lightning-quick, and players are only charged minor network fees. However, the complexity and volatility of cryptocurrencies are both significant downsides. Plus, despite being offered at top online casinos in Bangladesh, cryptos are still technically illegal.

Is Online Gambling Legal in Bangladesh?

Online gambling in Bangladesh exists in a legal gray area. The country’s current gambling laws stem from The Public Gambling Act, passed in April 1867 when Bangladesh was still under British rule. There were no online casinos at the time, so the law technically only prohibits physical sports betting and casino gaming.

All that being said, Bangladesh is one of the most populous Islamic countries, and Islam considers all forms of gambling haram (forbidden). However, nothing has been done to include online casino gambling in the Public Gaming Act. While the country doesn’t have a licensed casino website, no specific law prohibits Bangladeshi gamblers from accessing sports betting and casino pages with international casino licensing.

Tips for Choosing the Right Payment Method

We’ve highlighted the importance of choosing the right payment methods when playing casino games online and shared some of the most trusted options. Now, let’s look at some tips and key features to look out for when making this choice.

Always Choose Security and Reliability

This is the primary factor to consider when selecting from an online casino’s wide range of payment methods. For starters, your chosen option should have SSL encryption technology, ensuring your personal data is protected from misuse, theft, or malicious eavesdropping. It should also employ active firewalls and other advanced security tools like SecureCode, as well as 24/7 identity theft resolution, blocking all transactions associated with your account should you lose access to it.

Consider Processing Time

One key reason why taka online casinos are rapidly growing today is their convenience and accessibility. However, this convenience and accessibility largely depend on the speed at which players can complete payments.

No one wants to be stuck waiting hours for their deposits to be processed or several days or weeks to receive their winnings. That’s why transaction speed is among the key features you must look out for. Mobile payment methods like bKash and Rocket usually have the fastest processing times at online casinos in Bangladesh.

Check the Transaction Fees

Banking options typically charge you for using their service, but the size of the fees varies. Before settling on a payment option at an online casino, ensure that the costs aren’t too high, especially if you plan on making large deposits and withdrawals frequently.

Quality of Customer Support

An online casino payment method should have excellent customer service so that you can reach out to the support team quickly if you have a question or issue regarding payments. In most cases, the casinos’ customer support will be able to resolve payment difficulties, but it doesn’t hurt to have an extra pair of hands available should you need them.

Choose a Reputable Online Casino

All the other factors listed here won’t matter if you end up playing at shady online casinos in Bangladesh. Generally, the best casino sites operate with licenses from reputable regulators like the UK Gambling Commission and the Malta Gaming Authority. These commissions require online casinos to verify the security of all listed banking options and guarantee player safety.

Playing at the best online gaming sites has other important benefits. For one, you get to enjoy the best casino games from top providers like Evolution, NetEnt, and Pragmatic Play. These online casinos offer hundreds of slots, RNG, and live casino titles, including live roulette games. You can also take advantage of bonus money and all kinds of other promotional deals.

Bangladesh Payment Methods Compared

If you still have doubts about which payment option to choose, this table covers all the key features of the top payment methods at the best online casinos in Bangladesh.

💳Payment method⏱️Deposit time⏱️Withdrawal time💲Fees💵Min deposit limit💰Max withdrawal limit
Mastercard/Visa/AmExInstantUp to 7 business daysDepends on the bankCan be as low as ৳75Up to ৳2,000,000
bKashInstant3–48 hoursNoneCan be as low as ৳200৳30,000
UPayInstant3–48 hoursNoneCan be as low as ৳200৳30,000
NagadInstant3–48 hoursNoneCan be as low as ৳500৳30,000
RocketInstant3–48 hoursNoneCan be as low as ৳200৳30,000
Bank transferInstantUp to 7 business daysDepends on the bankCan be as low as ৳200No limit
BitcoinInstantUp to 30 minutesNetwork fees (irregular, but very small)Depends on the casinoUp to 10 BTC

Recent Posts

© Copyright 2024 Minimum Deposit Online Casinos