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A payment method bonus is a kind of incentive that casino operators award players who deposit using certain payment methods. Casinos introduce this promotion to encourage players to use certain payment gateways which may have lower fees, fast transactions, or are highly compatible with the casino’s payment system. 

As it’s known, unfriendly gambling laws in some countries prevent players from using their debit and credit cards to fund their casino accounts. To prevent such players from turning away in disappointment, the operators offer payment method bonuses to encourage the gamers to use alternative options. 

How Payment Method Bonus Works 

In most cases, the payment method bonus is a one-time offer given away on first deposits made using the particular payment method. To make it clear, the players won’t receive the bonus every time they deposit using that particular option, but rather on their initial deposit at the casino. 

The most common payment method bonuses range from 10% to 15% of the deposit the player makes using standard payment processors such as Neteller, Skrill, and PayPal among other methods. 

Claiming a Payment Method Bonus 

Before players claim a payment method bonus, they need to choose a casino that offers one and ensure the specified payment option is available in their country. Once that is satisfied, follow these simple steps to get the bonus: 

1. Register an account at an online casino that offers the bonus. Then, identify the payment processor with the bonus and create an account, if need be. For instance, if the payment method bonus is eligible on PayPal, the player has to create a PayPal account and verify it. 
2. To activate the bonus, the player is required to deposit using the eligible payment method. Often, casino operators set a minimum deposit limit to qualify for the bonus. 
3. Once the deposit is processed, the casino credits the bettor’s payment method bonus to the gaming account. In most cases, the bonus is a percentage of the total deposit, but other casinos give it in terms of free spins. 
4. Like other bonuses, this incentive is not devoid of wagering terms and time restrictions. The player should wager the bonus the required times before withdrawing.  

Factors to Consider When Choosing a Payment Method Bonus 

It is crucial for players to consider some factors to get the best value of the payment method bonus: 

• Eligibility - check which payment methods are eligible for the bonus and confirm their availability in the area.  
• Deposit requirement - verify the deposit required to claim the bonus and ensure it is fair to the set budget. Some unfair casinos may require high deposits for low bonuses.  
• Bonus type and wagering requirements - the payment method bonuses come in different types, including free spins and cash bonuses. Read the bonus terms to ensure the wagering requirements are fair and the games contributing to wagering are favorable. 

Conclusion  

A payment method bonus is a valuable perk that adds to a player’s bankroll and increases their playtime at an online casino. Always remember to check the deposit requirement, wagering conditions, and game restrictions to get the best value of this bonus.