As avid players ourselves, we know Canadians want online casino payment options that offer convenience, privacy, and security. They are not hard to find, and the great sites recommended here at Canadian-Casinos.ca accept many, if not all, of them.
Use our handy guide to find out what you need to know about the various accepted banking methods. In addition to providing you with a broad overview of what’s out there, we also go into the finer details of each method. Learn more about what they have to offer, as well as the pros and cons of using them with us.
Types of Banking Services
Although there are a number of brands available in Canada, banking options at casinos online fit into one of three categories.
E-wallets, as well as prepaid cards, have grown in popularity in recent years, as they offer fast processing speeds, as well as security and various levels of anonymity. To use them, you create an account at a provider’s site, and link it to your bank or credit account. You can store money in it as you would a wallet, and use it to pay for goods or services.
Card methods also offer privacy and protection from data theft. Online casino deposits made with them are also processed quickly. However, there is a world of difference between them. One sees you make a payment now, and pay at the end of the month, whereas the others see you pay up front. There are no additional fees or hidden costs for using either to boost your bankroll.
Bank transfers are known for security, but are arguably the least popular of the three categories of transactional options. This is because they do not offer as much privacy, and can take longer to process.
Recommended Payment Options
The deposit methods chosen by players are usually based on what works for their unique circumstances. Those accepted by the online casinos we recommend for players in Canada all offer top-quality security, and use the latest encryption tech to keep sensitive data safe.
Visa: One of the most widely accepted credit brands in the world, it does not apply extra charges to making deposits at gaming sites.
Visa Electron: The debit wing of the trusted brand, it can also be used with ease online.
MasterCard: Another credit brand with which Canadians are familiar, it is one of the most popular payment options.
Maestro: MasterCard’s debit option.
EcoPayz: The trusted brand offers EcoCard, EcoVirtualCard, and EcoAccount, giving you a selection of online and prepaid card methods.
Click2Pay: A secure e-wallet, it offers fast, easy deposits.
Skrill: One of Canada’s most popular payment options for gambling on computer or mobile device, it requires little more than an email address and password when confirming transactions.
iDebit: Another popular way of transferring funds from your bank into a holding account that can be used on the worldwide web.
Paysafecard: Available at vendors throughout the country, it is a prepaid card that can be topped up when needed. Each has a unique PIN number used when making payments.
Flexepin: A relatively new brand that can be reloaded with money, it offers fast, secure service.
Instant Banking by Citadel: A favourite means of transferring money used by Canadian players.
Direct Bank Transfer: Depositing money directly into an online casino account from your bank profile. It can also be done at tellers in banks.
Bitcoin: Accepted by some sites, it is a web-based cryptocurrency.
You can find out much more about the various choices at your fingertips in our comprehensive, honest reviews. Empower yourself with gambling knowledge with us.