When playing for real money online, you will need a funded account first. This can be done with a number of online casino payment methods. If you’re looking for the best payment options for online casinos, we have listed the ones Canadians can use freely to deposit and withdraw at the best casino sites.
No matter if you’re looking for online casino deposit methods to use or a way to withdraw casino winnings, the options we recommend in this guide are safe, secure, and most importantly, blazing-fast.
Casino Payments with Instant-Banking
If you love online gambling, you probably know everything there is about your casino account. You surely know that it needs to be funded so you can play for real money. Playing casino games online is fun when you do it for free. However, nothing compares with the thrill of playing for cash.
There are various payment methods you can use online. From instant banking to credit card and debit cards to e wallet payments and cryptos, Canadian players have a host of options at their disposal. Choose what suits you the most to make a deposit or withdraw winnings when you win big.
For Canada, the most relevant online casino payment options include Interac, eCheck, iDebit, Citadel, inPay, and Instadebit. Of course, Canucks can use more than just these payments for online gambling. What you get to use depends on the casino of your choice.
1. LeoVegas – the Top Instadebit Casino Site
2. Jackpot City – Excellent Interac Casino
3. Spin Casino – Secure iDebit Transactions
Mobile Payment in online Casinos
Nowadays, players prefer to play online on the go rather than sit in front of their PC. Because of this, every online casino nowadays has a mobile website or a dedicated app. While apps are often thought of as superior, mobile websites are not inferior at all. If you don’t get the one, you will surely get the other.
Online gambling has grown a lot since its conception. From mobile-optimized casinos to mobile payment methods, the industry has evolved a lot.
Paying with E-Wallets in online casinos
E-wallets are the most popular payment method in any Canadian online casino. Why? Well, they’re very convenient to use and of course, faster than any debit or credit card. Plus, many of these methods can be used on mobile devices too with their own apps that can make your life easier.
Canucks can use a bunch of e-wallets at their favorite casino sites. The most popular ones include ecoPayz, Webmoney, Jeton, and SticPay, although there are many others you can use. PayPal instantly springs to mind, but along with Neteller and Skrill, they can’t be used in Canada.
The coolest thing about e-wallets are their blazing-fast transactions. They are on par with Bitcoin and cryptos in terms of speed and are just as safe and secure as any other option. One notable disadvantage is the limited availability of some options. However, with so many alternatives, you will surely find an e wallet to use online.
1. Jackpot City – Great for e-wallets Fans
2. 888 Casino – Excellent Option for WebMoney Transactions
Pre-Paid Casino Payment
Unlike others, many players just don’t have a bank account or don’t want to share their details online. That’s where prepaid cards come in. Now available in every casino for Canucks, these payment methods give you a chance to buy a voucher and use it to deposit at the casino of your choice.
No need to share any personal and financial details. The vouchers are available with pre-determined amounts online. For example, you can buy a voucher worth C$100 and spend it on casino games. Since you’re buying a voucher, not a service, your details will remain hidden. That’s the biggest advantage prepaid cards have over other payment methods.
The most popular ones to use in Canada are Neosurf, Vanilla Prepaid Card, Paysafe Card, AstroPay, Flexepin, and Revolut. Most of these are available at the sites we recommend and represent an easy way to make deposits.
Unfortunately, you’ll have to get your winnings on another banking option. Make sure to get in touch with the customer support team to ask about that.
1. Casumo Casino – Yet Another Paysafe Card Casino
3. Party Casino – Best EntroPay Casino
Casino Payment with Crypto
If there’s one option that’s better than using an e wallet, it’s definitely cryptos. Cryptocurrencies may not be a favorite of banks and governments, but they have plenty of casino fans. Bitcoin online gambling is becoming increasingly more popular and there are many reasons for it.
Crypto payments give you a chance to make deposit and withdrawals without a bank account. They are completely anonymous as well. The blockchain records every transaction made through it, but won’t share a thread of your personal details.
Bitcoin, Ripple, and Bitcoin Cash are the three most popular crypto payment providers for casinos. You can use these at the three casinos listed below and enjoy the pros of online crypto payments. Just a word to the wise:
Cryptocurrency payments are only possible in casinos with a Curacao license. This governing body is less strict than the MGA or UKGC, so keep that in mind before you register for a casino account.
1. Betway Casino – Safest Online Casino Deposit Methods
Credit Card / Bank Transfer / Bank Wire
For as great as e-wallets or mobile payment in online casinos are, nothing truly beats the classics. Credit card and debit cards have been around in online gambling since its inception. They’re the first true online banking solutions and casino sites have accepted them with arms wide open. Playing with a credit card requires you to have a bank account since you’re essentially playing on credit.
Bank wire transfers are possible as well. While it’s the ultimately slowest option, even in an instant withdrawal casino, it’s still the safest way to deposit and withdraw. That’s the great thing about banks – no credit card or e-wallet can replicate their degree of security. Of course, this type of payment method requires you to have a bank account, which is something many players are not willing to sign up for.
Making a bank transfer in casinos has its own list of pros and cons. The transaction times will surely discourage most players who would rather stick to other options. Still, the fact remains that credit/debit cards and bank account transactions are among the best payment options for online casinos.
The most popular cards you can use online include Visa and Mastercard. When it comes to bank transfers, the relevant banks for Canadian players that allow casino transactions are the Royal Bank of Canada, Toronto-Dominion Bank, the Canadian Imperial Bank of Commerce, Scotiabank, and the Bank of Montreal.
If you already have an account at one of these institutions, online payments will be a breeze.
1. Magic Red Casino – Magically Great Casino
Secure casino payments
As mentioned, bank payments are the safest and most secure in the industry. Yes, making a bank payment through your casino account may be slow, but that’s the only trade-off to making safe transactions.
Regulators
Another great plus in the pros column for bank transfers is the fact that they’re regulated by some of the biggest national financial regulators. E-wallets are regulated too, but banks are officially regulated by major financial institutions which gives them a lot of credibility.
