The answer to the question of what is a good bingo payment method really depends on your personal needs. There are many online bingo payment providers available, and to decide which is a good one for you, requires you to understand the differences between these types of methods, and only then can you determine which suits your needs the best.
One of the more traditional types of payment methods available, the use of credit or debit cards as a payment method for an online bingo site works exactly the same as using them for any other online or offline transaction. You will have to register your card details with the site, and you will then be billed for any deposits just as you would for a purchase. These types of cards are good for bingo sites because they can often be used for withdrawals also, and they are something that everyone already has.
Paying for Online Bingo with eWallet Providers
An eWallet is and electronic wallet, essentially a go between from an online bingo site and your bank or credit card. An eWallet provider will require you to open an account with them and you then either load money into that account from which you can pay the bingo site, or you can link the account to a credit card and it will automatically debit it when you deposit money at a site. the reason why this is a good bingo payment method is because the details of the end recipient don't show up on your statements, there are fewer restrictions on these than on credit cards for example in America, they are incredibly easy to use, and they often come with bonuses from the bingo site itself. When asked what is a good bingo payment method people will often answer with an eWallet provider because of its combination of ease and security.Pre-Paid Cards as a Online Bingo Payment Method
Pre-paid cards are becoming a fast growing popular answer to what is a good bingo payment method. A pre-paid card enables you to credit money to an online bingo account without giving any type of personal details what so ever, you simply register the card. For many, this is advantageous in terms of personal comfort and hence there are now a number of different Pre-Purchase Bingo Card providers.
Transfers and Cheques for Depositing at Online Bingo Sites
Along with credit and debit cards, transfers and cheques are the most "traditional" ways of depositing money. These are completely secure and require no registration or opening of a separate financial facility, and hence many people favor these as deposit methods. However, the disadvantages are that whilst other methods tend to be instantaneous these will usually take some time for the deposit to process, and withdrawal through these methods is less easy.
Now you know the different ways of making the deposit, and what their advantages and disadvantages are, you are in a position to determine what is a good bingo payment method for you.