Casino Payment Methods Online

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At Canadian online casino sites, you can make use of secure and risk-free money transfer services. The casino payment methods online in Canada have multi-currency features since their services are available across the globe.

This includes new casinos as well as established operators. For instance, MasterCard and Visa are renowned brands which are not only used for casino payments but also other web shops.

How to Reload Your Account

The deposit operation with which you top up your gaming account is crucial. Without funds, you will not be able to play at the casino. Yes, but how do you make a deposit? It is very simple. First of all, many online casinos have minimum limits; therefore, you will be able to deposit amounts starting from a set minimum ($10 in general).

The amounts you top up go to replenish your real money balance, which is separate from your bonus balance. Once you have decided how much to pay out, you will need to add your preferred payment method directly into your profile.

Add Your Payment Method

In this regard, each casino has a specific process. In any case, you will need to enter your account or card details, usually from the ‘Cashier’ section of your account. Once the method you have chosen will be verified and added to your profile, you will be able to make your first deposit immediately. This way, you can also take advantage of your casino’s welcome bonus!

Credit Cards, Debit Cards & Prepaid Cards

There are many sites accepting deposits from cards such as MasterCard, Visa, Maestro, Switch or Laser.

Visa and MasterCard are the most popular cards to be used when gambling online, as they are accepted in the vast majority of casino sites in both formats, credit and debit.

Entropay and Paysafecard are the reference when talking about prepaid cards options available to make deposits online.

Popular Credit/Debit Cards that are Accepted at Online Casinos

1. Visa
2. MasterCard
3. American Express
4. Maestro
5. Paysafecard
6. Entropay
7. Switch

Popular Casino Payment Methods Online 2024

When looking for a casino site, it is important to consider what is available in terms of casino banking. The number of casino payment methods online that accepted should be available on the casino’s website. Having a wide range of casino banking options is a great advantage for both clients and casinos.

Casino Deposit Methods

• Some of the popular casino payment methods online are e-wallets such as Neteller, PayPal or eCheck. The former option has added an extra feature with its one-tap depositing where you don’t have to physically key in your personal identification number.
• iDebit or InstaDebit is a bank transfer payment method, whereby Canadian customers can link a bank account to the service and make secure transactions online.
• Paysafecard casinos are also very popular and are used for making an online deposit in Canada. It is a virtual or physical scratch card with a unique code that activates the payment. They come in varied denominations of C$10, C$30, C$50, C$100, C$150 and C$250.
• Internet based e-wallets methods include EcoPayz, PayPal, Skrill and Neteller Canada.
• Credit and Debit cards options such as MasterCard and Visa and American Express Casinos
• Instant Banking methods include Zimpler, InstaDebit, IDEAL, Click and Buy. Also mobile payment methods such as Siru are available.
• Cryptocurrency methods such as Bitcoin and Ethereum. Crypto transactions are recommended for their high security and anonymity. The downside is that not many casinos have this method available.

How to Choose the Best Casino Payment Methods

When deciding which type of casino banking online to use, it’s important to consider both security and convenience. Many players like to use an e-wallet because it avoids directly linking a bank account to a casino account, thereby adding an extra layer of security. Anyone can open an e-wallet account, and they can be accessed via a website and a mobile app. Transactions using e-wallets are typically fast.

However, there are some who prefer not to use e-wallets such as with Interac casinos, especially as many casinos do not allow customers depositing via these methods to claim welcome bonuses. There is also a verification process when opening a new e-wallet account, which can sometimes take several days. If you do not already possess an e-wallet account, and wish to start playing immediately, it may be preferable to use a debit or credit card directly.

PaySafe is one of the casino deposit methods online favoured by those who wish to keep all payments offline, and by those who like to keep a tight control over their casino spending. PaySafe is a card which can be bought in a physical form, like a voucher, with a unique number to enter and transfer the money into a casino account. The cards are bought in specific denominations, making it simple to stick to spending limits.

All reputable casinos will provide information on the speed of withdrawals via various methods, as well as any fees which may be incurred. These are all factors to consider when deciding what is the best deposit casino for you to use.

What to Consider When Choosing a Casino Payment Method Online

While payments have been simplified, different casino payment methods online have diversified their services to remain competitively relevant. Thus, whenever choosing your preferred payment option there are some factors you need to consider.

Security

Security is the top consideration when making any online transactions, to protect your bank balance. The security of a particular method can be assessed through a number of reviews and customer likes over the internet.

Fees

The relative fees and charges applicable across these methods is also another prime factor that you should consider. Make sure that you are aware of any potential fees before deciding which of the casino banking options to use.

Bonuses

Some payment methods, like e-wallets and cryptocurrencies, may not allow you to claim bonuses, in particular the welcome offer. If you want to be eligible to all casino bonuses, it is usually recommended to go for a classic deposit method. These include, but are not limited to, credit cards, debit cards and instant banking.

Customer Support

The customer support services is another variable customers should always consider. This is particularly important especially if your casino payment method is delayed so you may lodge your claim promptly.

Registration Process

These days, the majority of casino banking methods have a fast and easy registration process. Be aware that anti-money laundering rules mean that it will probably be necessary to verify your identity by providing copies of identity documents, and often photographs.

Allowable Account Limit

Last but not least, you should consider the allowable account limit. The last thing you want to happen is your streak to be broken because you have reached your account limit. Check this out before diving in.

Safe & Secure Casino Banking

In fact, all casino payment methods, whether credit/debit cards, e-wallets, or instant banking methods, have signed the confidentiality terms which means that your personal information is protected from any malicious third party. The Secure Socket Layer (SSL) system ensures that any communication between casinos and clients, even if intercepted by hackers, is not readable.

Casinos will only divulge personal information if there is a court order to do so, which is a rare occurrence. They also implement many internal measures to ensure the safety of their customers’ accounts. One such measure is that customers are alerted when their account is logged in, so that any unauthorized access can be detected.

Integrated Mobile Payment Methods

All software designers, both in the mobile gaming sector and other industries, are designing versatile features that guarantee ultimate mobile casino experience. When it comes to virtual casinos, innovative apps have been developed to help you seamlessly access your gaming world. Such apps are downloadable either in the App Store or Google Play Store and are smoothly compatible with all mobile devices.

Casino Chips to Play

Some of these apps that can be integrated with your device include the likes of PayForit and Boku mobile payment. With these casino banking options, deposits and withdrawals are fast and easy. If you want to use these methods, you will be required to first register your mobile telephone number with the casino of your choice. Once you click on this option you are normally given a special number to call. The system is purely automated. As such, you are required to listen to recorded prompts and follow instructions given. Finally, you will be required to key in the amount you wish to deposit.

With Boku and other similar services, the money will be charged directly to your mobile phone bill, or it will be taken from your pay as you go balance. This is yet another way of making an extremely secure casino deposit, as no personal or banking information, apart from a mobile number, is shared with the casino.

Casino Deposit Type and Speed of Withdrawals

Unlike deposits, many of the withdrawal options are not instant. Nevertheless, casinos have adopted friendly methods which have progressively contributed towards the reduction of cash-out periods. Nonetheless, withdrawal timelines may also depend on diverse casino policies.

Other top withdrawal methods are the MasterCard and Visa debit cards. Through these methods, you can receive your payouts within 3 to 5 days depending on your casino. Unlike when you deposit casino money online to your account, which is free of charge, withdrawals are subject to a processing fee, often based on a small percentage of your withdrawal amount.

Some deposit methods, such as PaySafe, do not have an equivalent withdrawal method. If using one of these casino deposit options, an alternative method will have to be used to withdraw any winnings. Note that all casinos will require customers to undergo an identity verification process before winnings will be released.

Glossary of Casino Banking Terms

Whether in Canadian casino banking options or elsewhere, there are some terminologies used which as a gambler you must have a full knowledge of. This extensive glossary will cover some terms which will help you to have an easy deposit, withdrawal and general gaming payment experience.

Casino Payment Methods Online Canada FAQ

Written by: Petricia Brown Petricia holds the position of Casino Review Manager. She is a gambling expert with more than 10-years experience in the casino Industry.

22/06/2021

Online casinos Canada > Casino Payment Methods Online