- Several different currencies are available
- Easy to make deposits and withdrawals to
- Extremely secure banking option due to information being encrypted
myCitadel is an online payments processor that is considered to be an e-wallet. myCitadel customers fund their wallet via their bank account or credit card and then use it to make a deposit to, or withdrawal, from an online sports betting site. However, myCitadel no longer accepts new consumer wallet subscriptions as it’s focussing its efforts in its commercial business.
Betting Sites that take MyCitadel
Unfortunately, myCitadel’s change in business strategy means that there are no longer any sports betting sites that accept this payment method.
Options similar to myCitadel include Neteller, Skrill, and Insta Debit, which you can find unbiased reviews for on this site.
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Why Players Use MyCitadel as Preferred Payment Method
Players used to prefer myCitadel as their preferred payment method due to its convenience, security, and the fact balances could be stored in the wallet, the latter meaning you did not have transactions to several sports betting sites showing on your banking statements.
Both deposits and withdrawals were quick and painless when using myCitadel so when it closed its commercial arm there were many unhappy customers. However, large numbers of those customers switched to Insta Debit (available to Canadians only), or to other more established e-wallets such as Skrill and Neteller, and were able to continuing all of the benefits that such a banking option allows.