Best casino payment methodsOnline casinos have come a long way since their introduction in the late 90s. One of the aspects where sites massively improved is payment methods. Back then, players had to blindly wire funds to a website they didn’t know much about, as the information was scarce. Even though there weren’t as many fraudulent casinos as today, this was still incredibly risky. Luckily, online casinos quickly adopted safe and secure ways to let players add funds to their accounts. Nowadays, casino payments are encrypted to ensure no one can access your banking details. Our guide will walk you through the options available for Canadian players so you can gamble safely. Stick with us and discover the best casino payment method in Canada.
Credit, Debit & Prepaid Cards
Credit Cards are the most popular method used by casino players. Nowadays, you get rewards, secured credit cards, low-interest credit cards, and cashback credit cards. Mastercard and Visa are the most widely used, but some sites accept AMEX and Discover.
You can use your debit card to make secure online payments. It’s very convenient, and unlike credit cards, there are no additional bank interest rates associated when you use these cards. The most preferred methods are Visa, Discover, AMEX, and Mastercard.
Visa is widely available and well known and, most the widely used credit or debit card for usage at online casinos. Visa is also the most widely accepted payment option.
Most if not all online casinos allow you to deposit money to your account using a Mastercard. For online casino deposits, Mastercard credit cards are easy, quick, and secure to use.
In the UK and other parts of Europe, PaySafe Card is a popular prepaid card option that may be used to make deposits at online casinos.
a is arguably the most trusted card in the world. With this payment method come higher limits and safe and secure transactions. AMEX has also improved their product throughout the years, making deposits easier.
There are a multitude of e-wallets to choose from. Over the years, this type of payment method has grown in popularity since it’s outperforming transfers with regular bank cards when it comes to withdrawing back to your e-wallet. Some of the most popular ones are PayPal, Interac, Skrill and MuchBetter.
This very safe payment option is accepted by most top online casinos. However most countries block this method and currently the UK is one of the few major jurisdictions accepting PayPal deposits.
Neteller together with Skrill are the most like e-wallets for deposits and cash outs at online casinos. Deposits are instant but withdrawals can take up to 5 business days.
Eco Card will be very familiar to European and Canadian Gamblers. This payment method allows you to deposit in a wide range of fiat currencies and deposits are easily made from you Eco Card account.
Another popular deposit method in Canada is EcoPayz. As with Eco Card you can easily make deposits with different currencies.
PayNearMe is a great alternative to Credit or Debit cards. You can fund your casino account with cash by simply going to your local convenient store.
Citadel is an e-wallet which also supports transactions directly from your bank account. It supports fast withdrawals and deposits are very safe.
Pay Be Phone
By just inputting your mobile number at a casino that accepts payments via phone bill, you may make deposits while safeguarding your financial information and getting to the gaming tables much faster.
eCheck is a prevalent method for many players. It’s straightforward and safe to use at top online casinos. Bank transfers are excellent for large online casino deposits. However, there may be a slight delay in funds being available.
Wire Transfers are the most accept payment method across online casinos. High rollers will often have to resort to this casino banking method since it supports the highest transaction limits for the lowest fees.
Canadian players can fund their casino accounts with the quick and secure InstaDebit deposit method. InstaDebit payments are now accepted by several online casinos in Canada.
Beginners guide – how to make an online casino deposit
Fortunately, adding funds to your account using a casino payment method is incredibly easy. Check out our guide below for more information on how to get started:
- Sign up for an account and log in
Start by choosing a reputable casino from our list. After clicking it, you’ll be taken to the site so you can register. After signing up, verify your details, and you’re good to go.
- Visit the site’s cashier page
Navigate through the site’s menu until you find the “Banking” or “Cashier” page. Then, you’ll be able to select which method you’d like to use to add funds to your account.
- Select “Deposit”
Look through the casino payment method options available, choose your favourite and click it. Enter your details and the deposit amount, and confirm the transaction.
- Check if the payment was successful
After your payment is processed, your balance should be automatically updated. However, keep in mind some casino payments can take longer to process.
What to look out for when choosing a casino banking method
Limits and speed are the most important aspects of choosing an online casino payment method. You should ensure your deposit is within the site’s minimum and maximum deposit amounts. Otherwise, payments can be returned.
Additionally, you should remember that the processing time for casino payments can vary according to the method chosen. For instance, e-wallet transactions are usually instant, while bank transfers can take a few days to clear.
Quick overview of online casino deposit methods