How We Research the Best Casino Payment Methods
When researching different online casino banking options, here are the following steps we follow to arrive at the most reliable and secure option:
We ensure that the payment modes we choose are accepted by most online casinos available in Canada.
We also evaluate what security measures are in place so as to give you a hassle-free experience. The payment providers on our list feature robust security measures which help in protecting your personal details.
Another thing that we consider is the time it takes for withdrawals and deposits to be processed. We’d never want our members to choose online casino payment options with longer processing times.
Review User Feedback
Lastly, we read online testimonials and reviews of other casino players who have used deposit and withdrawal methods earlier. This gives us a clear picture of which methods are reliable and which ones are not.
Bank Payment Cards: Debit and Credit
Most new players use credit and debit cards when registering with a casino operator. Moreover, these are more accessible since one can use them at debit or credit card casinos. That’s why it remains to be the top-rated legal casino banking option. However, some banks don’t accept online gambling payments. Therefore, you should consider checking your bank’s policy regarding online gambling transactions before you get one.
Visa cards are among the safe casino payment methods online. When creating your account, choose Visa as your casino deposit option and key in your details, including your card number, CVV code, and expiration date. When making deposits, funds should be available in your Visa casino account within a few minutes. Moreover, you can also make a withdrawal of your winnings using your Visa card.
Thanks to its credibility and reliability, most casinos accept Mastercard. This widely accepted casino payment mode is safe because of the implemented security system. Moreover, the amount of money you can withdraw or deposit at a time depends on the kind of casino you are working with.
This is another debit or prepaid card owned by MasterCard, and it’s safe and convenient to use. This debit card was founded in 1990 and is presently accepted by most Canadian online casinos as a deposit and withdrawal method.
American Express cards have been used for more than 60 years and are recognized as among the safest and most convenient payment methods. Moreover, this payment system is also more popular because of the variety of plans offered to meet its customer’s needs.
This is a popular payment method among individuals who aren’t comfortable with electronic wallets. In addition, these transfers have very strict requirements. Thus, they are regarded as a safe method of withdrawing and depositing your cash. Bank transfer is more suitable for high rollers who deposit or withdraw huge amounts of money.
Wire transfers are among the most high-demanded payment methods. They are secure and safe, plus they offer various features which make them more convenient for most Canadians. Furthermore, they are feasible for VIP players. With a bank wire transfer, your casino money will be reflected in your account within 5 to 10 days. These are subject to stringent know-your-customer procedures to decrease the possibility of money laundering.
Instant Bank Transfers
This method is suitable for depositing funds at your favourite online casino. When you make deposits using this method, funds will be processed within a few days. However, you can also check with your casino site if there are any extra charges involved.
Online Casino Mobile Payment Options
It isn’t surprising that one can now use their mobile phones to make withdrawals and deposits to and from their casino account. This method is fairly new and works within a few countries, including Canada.
Apple Pay is making its way to many online gambling sites. It features several security benefits. With the technology adopted by many of today’s online gambling sites, your transactions will stay safe. However, the only disadvantage of Apple Pay casinos is that you can deposit money but cannot make a withdrawal.
This is a mobile payments platform developed and owned by Google. Google Pay app enables users to make payments using their phones with the help of NFC technology. With Google Pay casinos, you can make casino deposits fast and easily. In addition, you can earn rewards when you make deposits with Google Pay in some casinos. However, just like Apple Pay, this method only accepts deposits but not withdrawals.
Samsung Pay is a mobile payment service that enables users to make payments and purchases using their Samsung smartwatches or smartphones. Moreover, it’s accepted in some online casinos in Canada, offering players a convenient plus secure method of depositing and withdrawing funds from casino accounts.
Electronic Checks and Online Banking
Several gambling platforms offer these payment methods to allow online casino customers to deposit and withdraw funds from their accounts. Electronic check is a digital version of old paper checks and can transfer funds directly from a player’s bank account to their casino.
On the other hand, online banking is an e-banking service provided by financial institutions. It can take several business days for electronic checks to process. However, both of these processes are secure and convenient ways to transfer money.
eCheck is a quicker and safer online casino banking option, just like the standard and physical checks. Players who have registered at eCheck casinos can utilize this method both for making a casino withdrawal and deposit. It’s a suitable alternative for players who prefer not to use credit cards and other means of electronic payment. This popular online payment method doesn’t require the user to disclose their bank card information.
Interac is one of the best and quickest payment modes to pay money for almost everything in Canada. It’s fast, safe, and simple to use. Most online casinos also accept this method, thereby making it suitable for gamblers. With the help of Interac casinos, you can withdraw and deposit a minimum stake from any Canadian online casino within seconds.
You don’t have to be a part of casino account verification or create a separate online account with Trustly. All you need is a valid bank account. In addition, their Pay N Play service enables players to make instant withdrawals and deposits at most casinos with Trustly. The platform works as a “middleman,” and you can transfer funds directly from your bank to your favourite casino without sending any vital payment details.
If you don’t want to share your credit card or bank details, you can use Citadel as a deposit method. Furthermore, it is safe and supports numerous currencies, thereby making it an attractive option for every casino player.
Pay by Phone
This is a relatively new deposit method, although its popularity has increased steadily since more online casinos are embracing it as their payment method. This innovative deposit tool allows players to make quick mobile payments online at pay by phone casinos. They can make payments with their phone credit. In addition, it also enables seamless transactions from every part of the world.
Boku casino payment methods offer online casino operators a chance to fund their casino accounts just with one tap on their mobile screen. It is suitable for those who spend a little but often. With this method, you won’t be asked to enter any of your banking or sensitive information. However, casinos with Boku only allow deposits but not withdrawals.
With this mobile payment system, players can deposit money quickly in their casino account right from their phones. To make a deposit using Payforit, they need to choose this option from their deposit menu and enter their mobile number followed by the amount. It helps eliminate the need for a credit card or a debit card.
This mobile-based casino payment mode allows players to make quick and safe deposits using phone numbers. This means they don’t need a credit card or bank account when making deposits. Many online casinos widely accept the Zimpler payment method, and it’s the best choice for players who value security, speed, ease of use when making a casino withdrawal, and minimum deposit requirement.
Digital Wallets and Prepaid Cards
Digital wallets and prepaid cards are popular payment methods for casino operators. Moreover, digital wallets are online money storage spaces that you can use to make transfers to your or another person’s bank account or when making casino deposits.
This e-wallet provider is well known for its security features. You can utilize this prepaid card with vouchers. It’s best to play casino games online using your cash. Moreover, casinos with Paysafecard are available worldwide, and hundreds of online casinos accept Paysafecard in Canada. However, you can only use it for deposits and not for casino withdrawals.
This fast and easy-to-use online method is only available for Canadian players. With this method, you can anticipate your deposit and casino withdrawal to be instant. Nevertheless, there are no withdrawal fees involved, which makes it even more awesome. Similarly, with InstaDebit casinos, you can request your cash back in case anything goes wrong.
This user-friendly method is a popular method for players in Canada. With this payment method, there is no need to share your financial information. Above all, you can find a huge range of reliable iDebit casinos in Canada.
This new payment app is gaining popularity among Canadian casino players. They get a card to make deposits and withdrawals at MuchBetter online casinos. Moreover, they can also withdraw cash from ATMs or pay in stores using this card.
This e-wallet allows players to perform all their casino transactions at a single endpoint. All deposit transactions at ecoPayz casino happen fast without any delays, while withdrawal methods can take around 1 to 24 hours, depending on which casino site you’re using. Also, EcoPayz offers the option of creating an online debit card which you can connect with the e-wallet.
This e-wallet is accepted by almost every online casino in Canada. This method offers fast and convenient transactions with relatively low fees. Furthermore, one can fund their account with the help of a bank transfer, a debit or credit card, or use at a casino with Skrill as a payment method.
This is a quick and straightforward method available at most e-casinos. Moreover, all its transactions are processed almost immediately. With Neteller casinos, you will get security features like 2-factor authentication, deposits from credit cards or bank transfers, and other safety measures to guard yourself as you play games.
PayPal is among the most popular and used e-wallets in the globe. Moreover, it is also used in processing gambling deposits. However, casino sites that accept this method are licensed. When choosing casinos that accept PayPal, ensure that official certification and security measures are employed. Unfortunately, PayPal isn’t a payment option for casino sites in Canada.
This option is for players who need to make a fast yet safe deposit in their casino account. Players are supposed to use virtual card details to deposit into their casino account. With Astropay, you’ll have your financial details private.
This is a virtual prepaid debit card that online casinos widely accept. You can fund your Entropay account simply by using a debit or credit card. When the virtual card is financed, players can use it to make immediate deposits at online casinos that accept Entropay.
Jeton’s payment system is available in just a few web casinos for now. This mode of payment guarantees full security, and one can comfortably operate it from any electronic device. With Jeton, you can comfortably store funds and make withdrawals or deposits. In addition, Jeton supports several currencies and can be used in different countries, including Canada.
Several online casinos in Canada have included MiFinity as their deposit and withdrawal method. Moreover, with MiFinity, you’ll be charged small fees for making transactions. Hence, you can save some money when making payments.
This digital wallet payment system allows users to deposit or withdraw their funds safely from a casino account. Moreover, this method supports numerous currencies, including the Canadian dollar. Above all, Luxon Pay allows a simple and quick transfer of funds.
This online payment system enables users to carry out their transactions safely and without any fuss. Players can use it for depositing funds, withdrawing winnings, and placing bets at online casinos. The process is easy to follow, and the money is transferred instantly.
With this digital wallet, you can carry out different online transactions, like making deposits. Furthermore, it enables users to keep their financial details private as they make online payments.
These virtual or digital tokens utilize cryptography to safeguard their transactions and control new unit creation. Cryptocurrencies are decentralized and hence, are not subject to a financial institution or government control. The payment methods followed by the best crypto casinos are listed below.
This is among the most popular cryptos available in the market. It’s a digital currency that’s utilized for online transactions. Moreover, Bitcoin is secure and safe, and players can receive special casino bonuses when choosing this method for making deposits. Also, one can withdraw or deposit instantly with Bitcoin.
With new casino sites accepting transactions through Ethereum, this method has become prominently popular among users. Moreover, at Ethereum casinos, you can play games like poker or blackjack using Ethereum as an alternative to regular money.
Litecoin enables players to make fuss-free withdrawals and deposits. Moreover, Litecoin transactions are quick, safe, and anonymously processed, making it a convenient and reliable choice for players. In addition, since it’s a decentralized currency, there’s no need to worry about exchange rates or currency-related problems.
Casino Payment Methods 📌 Summary
||Average Deposit Time
||Average Withdrawal Time
||3 days maximum
||3 days maximum
|💳 Bank Wire Transfer
||1-3 business days
||3-7 business days
|💳 Apple Pay
||Not used for withdrawals
|💳 Google Pay
||Not used for withdrawals
|💳 Pay by Phone Bill
||Up to 48 hours
||Not used for withdrawals
||Not used for withdrawals
||7 days maximum
||up to 1 day