With most forms of gambling in Malaysia being illegal, players have to bend the rules slightly in order to . This is where e-wallets come in. After signing up with offshore online casinos, players must decide how they will deposit and withdraw money. E-wallets are popular because of their convenience, speed and ease of use. E-wallets also make it possible for players to remain somewhat anonymous. If you are looking for the best E-wallet casino Malaysia sites, this page has it all.
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Top Gambling Guides
Top 5 E-Wallet Casinos Reviewed
As you will see from the table above, many well-known online casinos in Malaysia accept e-wallets. However, there are some which stand out from the crowd. Let’s now take a closer look at our top 5 e-wallet casino Malaysia sites:
1. 12Play – Best eWallet Casino for Malaysian Betting 2023
Like many online gambling sites available to people in Malaysia, 12Play is very much an all-rounder. However, as this page is about online casino play we are going to concentrate upon that but will mention in passing that this site gives access to three top class online sportsbooks, and four eSports betting sites.
The casino play at 12Play is spread across slots and live casino action. There are over 1,000 slots and the list of providers is very impressive: Pragmatic Play, Playtech, Spadegaming, CQG Gaming, W88, TopTrend, DT Asia, Play’n GO and SimplePlay. If you want to try and win big at 12Play, then check out the site’s many progressive slots.
There are even more options available via the live casino at 12Play! Evolution, Pragmatic Play and Playtech are probably the best providers here out of the dozen or so on offer. You can enjoy the very best in roulette, baccarat and blackjack with attractive live dealers.
One final thing of note – 12Play ranks highly on our list because of the range of promotions it offers to both new and established customers, so make sure you check the bonuses out.
What we like:
- Over 1,000 high quality online video slots
- A dozen options for live casino play
- Many slots with progressive jackpots
- A very good range of promo and bonuses
What we don’t:
- Could do with more payment options
- Many slots are a little too mundane
2. BK8 Casino: 150% First Deposit Bonus Up To MYR 300
Launched in 2014, BK8 took little time in becoming one of Asia’s biggest online casinos. Based in the European gambling capital of Malta, BK8 is also licensed out of Curacao. With 1,000+ casino games to play, BK8 has an excellent reputation surrounding banking. Trustly, PayPal, ecoPayz and MuchBetter are the e-wallets available to players.
Allowing for instant deposits and quick payouts, BK8 also comes with SSL encryption technology and a state of the art firewall. As well as their entertaining casino, sports betting is also offered by BK8. BK8 also comes with generous promotions, including an attractive welcome bonus and rewarding VIP program.
What we like:
- Many e-wallets accepted
- Instant deposits
- High maximum withdrawals
- 1,000 casino games
What we don’t:
- Limited poker and lottery providers
3. K9Win Casino: 100% Deposit Bonus Up To $3,000
K9Win is another Asian operator worth taking note of. With games from the likes of Evolution Gaming, Asia Gaming, RTG Slots and Spadegaming, players are guaranteed an entertaining experience.
As well as a number of local banks, e-wallets are also accepted by the casino. 128-bit SSL encryption technology helps to keep players safe, with e-wallets deposits being instant. The casino has some high profile brand ambassadors, demonstrating just how reputable K9Win is.
What we like:
- Large number of payment methods
- 24/7 customer support
- Mobile-friendly
- Excellent live dealer games
What we don’t:
- Outdated casino site
4. 22Bet Casino: 100% Deposit Bonus Up To RM1500
22Bet Casino has been live since 2018, offering players in Malaysia one of the best gambling platforms. The casino offers games from top software providers, including Microgaming and NetEnt.
Meanwhile, generous rewards are up for grabs, including a large welcome bonus. Plenty of e-wallets are accepted, including Skrill and Neteller. All payments are made safely, with deposits being instant. There is little not to like at 22Bet Casino, with a mobile app also being on offer to both iOS and Android users.
What we like:
- Large number of casino games
- Promos for new & existing customers
- Top live casino platform
- Over 1,000 online slots
What we don’t:
- Withdrawals away from e-wallets can be slow
5. 1xBet Casino: Deposit Bonus Up To €1,500 + 150 Free Spins
1xBet is one of the biggest online gambling platforms in the world. Around since 2007, the casino’s vast experience is clear from the outset. With over 2,000 games in total, 1xBet is associated with top software providers, including Microgaming and NetEnt.
Available in a host of currencies, e-wallets including Neteller, Skrill and ecoPayz are accepted. 1xBet also scores highly when it comes to promotions, customer support and mobile betting. Players in Malaysia can also place bets on sporting events, while instant win casino games are also found.
What we like:
- 2,000+ casino games
- Variety of e-wallets accepted
- Regular free spins
- Fast transfers
What we don’t:
- Casino site can appear overcrowded
6. W88 Casino: 100% Deposit Bonus Up To RM600
W88 is a rapidly growing brand in Asia. Their casino was established in 2013, with games coming from the likes of Microgaming, NetEnt and Play’n GO. Neteller is accepted at W88, along with a small number of additional e-wallets.
Deposits are immediate, while payouts will likely take less than 24 hours. With slots, table, live dealer and instant win games being available, W88 is likely to appeal to many players in Malaysia.
What we like:
- iOS and Android app
- Variety of e-wallets and currencies
- Live chat support
- Generous welcome bonus
What we don’t:
- CSmaller number of total casino games
Trusted Online Casinos in Malaysia
What Is An E-Wallet?
Simply put, an e-wallet is an online account, where funds can be stored and payments made from and to. Users can make payments without having to share any personal details with operators. All that is required is your e-wallet login details. Most e-wallets allow for both deposits and withdrawals. E-wallets can be linked to bank accounts in order to allow for quick transfers. Alternatively, pay as you go options are also available. Many e-wallets now come with mobile platforms, including dedicated apps, ensuring that payments can be made on the go.
Why Use E-Wallets?
There are many reasons as to why e-wallets are the chosen method of payment for an increasing number of online casino players. Firstly, using an e-wallet is completely safe. Unlike Visa or Mastercard payments, players are not required to share their card details when using an e-wallet. Instead, simply login using your username and password. Encryption technology is also used in order to protect sensitive information.
Elsewhere, e-wallets are hugely convenient. Those signed up with an e-wallet casino Malaysia can process deposits and withdrawals within seconds. Making payments is simple, with e-wallet payments often being faster than other methods too. This is especially true when it comes to payouts. Withdrawals are often received within just 24 hours. This is compared to the 2-5 business days of most other options.
On top of such benefits, the vast majority of e-wallets are also free to use. Additional fees are rare, meaning that players will keep 100% of the funds transferred. Finally, there are some appealing additional features attached to e-wallet casino Malaysia sites today. Many operators have downloadable mobile apps. Meanwhile, users can also set themselves spending limits, which helps to counter irresponsible gambling.
The Best E-Wallets To Use At Malaysian Casinos
E-wallet casino Malaysia sites will generally offer a variety of digital wallets. While the exact e-wallets accepted will differ between operators, it is the following that are the most common across the board:
Skrill
Founded in 2001 and based in the UK, Skrill is part of the well-known Paysafe Group. It is now available in over 40 currencies, across 120 countries, including Malaysia. Using Skrill on online casino e-wallet sites is completely free, with the platform being known for its ease of use, security and convenience.
Skrill is regulated by the Financial Conduct Authority, making it completely reliable. With 20+ years of experience and over 2,000 members of staff across the globe, it is easy to see just why Skrill is now synonymous with the world of online gambling. Skrill was also named Best Digital Wallet by Juniper Research at their Future Digital Awards in 2019.
Neteller
Neteller is also part of the Paysafe Group, with the digital wallet having been launched in 1999. Having been founded in Canada, the company moved to the Isle of Man in 2004. Also licensed by the Financial Conduct Authority, Neteller is available in a host of languages, countries and currencies.
However, it is worth noting that fees may be incurred when using Neteller at e-wallet casino Malaysia sites, with a standard 2.5% fee not always being covered by the casino itself. Given the safety, speed and convenience of Neteller, this is something in which many users can see past. Neteller is accepted by the vast majority of online casinos today, making it one of the most popular e-wallets around.
PayPal
PayPal is likely to be a name known by many already. Founded in 1998 in the United States, PayPal now has offices around the world. Supporting 25+ currencies and available in over 200 countries, PayPal is undoubtedly the best-known e-wallet in the world.
A PayPal Mastercard is available in some cases, with this e-wallet being known for its ease of use on desktop and mobile. PayPal now has over 400 million active users, demonstrating just why so many e-wallet casino Malaysia sites now accept it.
ecoPayz
ecoPayz is a global payment provider that has been in operation since 2000. Regulated by the Financial Conduct Authority, ecoPayz features 2-step authentication, while a new mobile app was launched in 2018. ecoPayz is owned by PSI-Pay Ltd, a company based in the UK. Personal and business accounts can be registered, with ecoPayz featuring on many e-wallet casino Malaysia sites. Those registered can send and receive funds, while an ecoPayz Mastercard is also available.
MuchBetter
Established in 2016, MuchBetter is an e-wallet app that is both secure and easy to use. Device pairing, Touch ID, security codes and a transaction review system help to ensure that users remain safe at all times. Despite having only been in operation for a few years, MuchBetter has an excellent reputation within the online gambling market. The app can be used in over 180 countries, while MuchBetter is available in 17 different languages too. MuchBetter is accepted on an increasing number of casino sites, with the company having won a host of awards of late.
WebMoney
With over 40 million users, Russian-based e-wallet WebMoney is another worth looking out for. Launched in 1998, WebMoney users’ funds are stored in an online purse, with peer-to-peer payments being available. A 0.8% fee may be incurred, while there is a WedMoney Keeper app to support mobile users. With quick transfer times, a number of high profile e-wallet casino Malaysia sites now accept WebMoney.
Step-By-Step Guide on How to Use E-Wallets at Online Casinos
Whether you already have an e-wallet or are considering signing up for the first time, it is important to understand how things work at casino sites. The following is a step by step guide on how to deposit and withdraw funds with an e-wallet at online casinos. We will be using PayPal as an example:
Step 1: Open an E-Wallet Account
The first step for players is to select an e-wallet. Weigh up the pros and cons of each, considering limits, fees and usability. Once you have made a decision, enter the website of the e-wallet in question or download their mobile app. Click on the “Register” or “Sign Up” button, before completing the relevant form. Provide all necessary personal details, likely to include your full name, email address and date of birth. Confirm your account and verify via the link sent to your email address.
Step 2: Fund your E-Wallet Account
It is now time to add funds to your e-wallet account. Login to your account, before selecting the “Transfer Money” option, or the equivalent on your selected e-wallet site. Click or tap on the “Add Money to Your Balance” button. If you are adding money for the first time, players must have already linked their e-wallet account to their bank account. This takes just a matter of minutes in most cases. Once complete, enter the transfer amount and click “Add”.
Step 3: Select Your E-Wallet Casino Site
Now that you have an e-wallet account, you must decide which casino site you will take advantage of. When making your decision, take into consideration factors such as games, bonuses, customer support and, of course, payment methods. There is nothing stopping you from signing up with multiple online casinos either. Just be sure that your chosen e-wallet is accepted first.
Step 4: Fund Your Casino Account
Login or register an account with the casino in question. Visit the cashier page, before selecting the “Deposit” option. Select your chosen e-wallet from the drop-down menu and enter the deposit amount. On the pop-up window, enter your e-wallet login details. Confirm the payment. Funds will appear on your casino account within seconds.
Step 5: How to Withdraw Your Funds to Your E-Wallet
If you have won casino games online, it is likely that earnings will be available to withdraw. Again, enter the cashier page. However, this time, select the “Withdraw” option. Enter the amount, based on your available balance, before selecting the relevant e-wallet. On the pop-up page, login to your e-wallet account. Confirm the withdrawal, which will likely be processed in under 24 hours.
Step 6: How to Withdraw from an E-Wallet to Your Bank
Now that funds are safely in your e-wallet account, it is time for players to decide what to do with their money next. Of course, money can sit safely here for a long period of time. It can also be used to fund further online gambling activity. However, it is also possible to transfer it to your bank account. Select the “Withdraw Money” button. Enter the amount, before confirming the transfer. Upon confirming, players will receive an email from the e-wallet in question. This process is also very quick, often a matter of hours.
E-Wallet Fees, Other Expenses, Bet Limits, Deposit & Withdraw Limits & Processing Times
One of the biggest advantages of using e-wallets is their speed. Deposits are instant, while withdrawals are generally processed in under 24 hours. This is significantly faster than most other payment methods accepted by Malaysia online casinos. On top of this, most e-wallet transfers are processed without charge.
Fees are generally only incurred when an account is inactive for an extended period. However, each online casino is different. Therefore, players may be charged a small amount for taking home winnings. Deposit and withdrawal limits also range between casinos. However, it is worth noting that, in most cases, both beginners and high rollers are well catered for. The table below provides a breakdown of how available e-wallets in Malaysia compare:
| E-Wallet | Deposit Speed | Withdrawal Speed | E-Wallet Funding Fee | Typical Casino Fee |
| PayPal | Instant | <24 hours | No | None |
| Neteller | Instant | <24 hours | Yes | None |
| Skrill | Instant | <24 hours | Yes | None |
| EcoPayz | Instant | <24 hours | Yes | None |
| Boost | Instant | <24 hours | No | None |
| Touch ‘n Go | Instant | <24 hours | No | None |
| GrabPay | Instant | <24 hours | No | None |
E-Wallet Casino Sign Up Bonuses and Free Spins
While bonuses specifically for e-wallet users at online casinos are rare, players will still be able to take advantage of promotions when using this method of payment. Whether it be a matched deposit bonus or free spins, it is key to consider the terms and conditions. Some casinos will have payment restrictions in place. For example, deposits made via Skrill are not eligible. It is therefore important to look at the bonus T&Cs before signing up, in order to avoid any disappointment. The most common bonus type for new players is matched deposit. Meanwhile, a small number of online casinos still offer no deposit bonuses.
E-Wallet Pros & Cons
The benefits when using an e-wallet certainly outweigh the limitations. This is especially true when comparing e-wallets to other payment methods, including credit and debit cards. Let’s take a closer look at the main pros and cons of depositing and withdrawing using an e-wallet at casino sites:
What We Like:
- Speed – E-wallets are undoubtedly the quickest method of transferring money to and from casino sites. Deposits are instant, while withdrawals are often processed in under 24 hours. This is compared to the 2-5 business days with Visa and Mastercard. With players being more demanding than ever, e-wallets certainly live up to expectations in this area.
- Security – When signing up with an online casino, players will want to know that they are operating safely. However, fraudsters are still in operation. E-wallets certainly help to maximize safety. No bank account or card details will be required by your chosen casino. Simply use your e-wallet login details to confirm a payment. Our recommended e-wallets are regulated by respected financial authorities. Meanwhile, they also use state of the art technology to ensure that sensitive details are not compromised.
- Fees – The majority of e-wallet payments are processed for free. This cannot be said of all payment methods, where processing fees are incurred. While not all e-wallet payments are free of charge, most online casinos will cover the fees involved.
- Convenience – There is little doubt that e-wallets make depositing and withdrawing funds online quick and simple. The convenience of e-wallet payments has been enhanced by the development of mobile apps too. It therefore doesn’t matter whether you are operating on desktop or mobile, payments are made with ease.
What We Don’t Like:
- Availability – While the majority of online casinos now accept e-wallets, it may be that your chosen digital wallet is not found. Neteller and Skrill are the most common, with PayPal also being popular. However, the likes of MuchBetter, WebMoney and ecoPayz are not yet available on all casino sites.
- Bonuses – Unfortunately, some casino bonuses will not be available to players depositing via an e-wallet. Bonus terms and conditions will often state that a credit/debit card payment is required in order to qualify. As such, players using PayPal, Skrill or Neteller may well be ineligible. Of course, players can get around this issue by using a bank card for their opening deposit, before switching to their preferred e-wallet.
E-Wallet Casino Malaysia Summary
Using e-wallets will likely be nothing new to Malaysian residents. However, depositing and withdrawing funds with the likes of PayPal and Skrill on casino sites may well be. E-wallets offer excellent convenience, speed and security, something which some other payment methods cannot match. Be sure to check out our top ranked e-wallet casino Malaysia sites. Each comes with a good number of casino games, which can be played through an e-wallet deposit.
E-Wallet Casino Malaysia FAQs
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Amir Razak
