E-Wallets (also known as digital wallets) are another popular way of receiving online payouts. And its popularity is increasing fast.
A digital wallet functions much like a physical wallet. The digital wallet was first conceived as a method of storing various forms of electronic money (e-cash), but with little popularity of such e-cash services, the digital wallet has evolved into a service that provides internet users with a convenient way to store and use online shopping and payment information.
To get your payout through your E-Wallet, simply specify your particular E-Wallet provider (i.e. PayPal, Neteller or Moneybookers) in the payout method.
E-wallet payout processing usually takes around 4-5 working days, a lot faster compared to the processing time of credit or debit cards.
Do note that your E-wallet provider may take additional time to post the payout funds to your account.
Also, due to regulations imposed by E-wallet providers, your gaming site may not be permitted to issue payouts in certain countries. So be sure to check if you can receive debit card payouts in your particular country. Your gaming site should provide a list.
Additionally, your favorite gaming site may charge a minimal processing fee. Also, gaming sites do set a minimum and maximum payout limit. So be sure to check these fine details before even registering to a site and making a deposit.
The following are some of the more commonly accepted E-wallet providers:
Here are more E-Wallet payout providers for specific countries:
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