Best Online Casino Reviews Casino Payment Options

List of Canadian Casinos with Safe Payment Methods

We have compiled a table for you with online casinos that support safe and fast payment methods. Here you'll find the most popular banking methods that are most common at online casinos. You can also read a detailed overview of each online casino in Canada and how to make deposits and withdrawals to the casino. Watching what online casino payment options are available today, we are especially interested in researching casino deposit and withdraw options such as bank transfers, credit or debit cards, iDebit, Skrill or any other popular payment method.

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Casino Payment Options: the Best Ways to Deposit at Online Casinos

While there are several online casino reviews, very few talk about the various payment methods. If you are new to gambling, this casino payment options article will help you pick the right payment gateway for betting.

Best Safest Casino Deposit Methods

The best casino payment methods are simple to use, secure and charge very less on all transactions. The most used gateways are cashless cards, debit and credit cards, and virtual wallets. Some Canadian casinos also allow Bitcoin and other cryptos for making payments.

Lately, many Canadian online casinos have begun accepting phone-based payments as well. Bank wire transfer is also hugely popular among gambling websites in Canada and elsewhere. This article differs from other online casino reviews in that it also helps you set up some of these gateways.

Is it Popular Safe Credit and Debit Cards in Casino Payment Options?

Visa, Mastercard, Discover, American Express and Discover are some of the most popular online casino payment methods. However, please note that some Canadian online casinos do not work with Visa. Another thing worth noting is these payment methods can impose charges on your casino transactions.

What are Prepaid Cards?

The beauty of prepaid or cashless cards is they are easy to use and control your gambling urges. Since every cashless card has a limit, you can’t gamble beyond that limit. Another characteristic of prepaid cards is their insanely low processing charges. Prepaid cards are a great choice for those who do not have a CA bitcoin casino account. Currently, these are the main payment methods available to Canadian players. Before joining a platform, you need to check if it offers your preferred method.

How to Obtain Credit and Debit and Prepaid Cards?

Most Canadian banks give credit and debit cards free of cost to their account holders. If you are using a credit card, make sure to pay back your bank in time to avoid penal charges. Gamblers can get prepaid cards at grocery shops, banks or casinos.

Gift Cards as Payment Methods

These are also one of the best casino payment methods. These allow you to gamble anonymously while capping your gambling expenses. Gift card values can range between CAD 10 and 1,000, and the best part is there are no transaction fees on these options. Very few online casino reviews talk about gambling with gift cards.

E-Wallets or Virtual Wallets

Electronic wallets are also one of the most popular casino payments. These are also called virtual wallets because you hold funds in a digital form. The top brands in this category are PayPal, Skrill and Neteller.

Setting Up an E-Wallet

Gamblers can set up a virtual wallet in a few quick steps. Sign up by entering your name and email ID, and then connect your e-wallet with your bank account. Complete the sign-up process by making a small transaction.

Bank Transfers

There are other safe casino payment methods. For example, gamblers can also make payments through bank transfers. In this method, the casino receives funds directly from your bank. You can also withdraw funds through online bank transfers.

Bank Transfers are Safe

Since banks vet every transaction, this payment method is safe and trustworthy. At the same time, bank-based transfers are convenient. You can make payments to your casino without physically visiting your bank. Most online casino reviews consider this payment method foolproof.

  • Since banks encrypt their data, hackers can’t see your password, account number, etc.

Top Online Casino Banking Methods

Some top online casino banking methods are Trustly, Interac, Paysafecard, Play+, Maestro and others. All these banking methods are safe, and convenient, and charge very low fees. Apple Pay is also a credible payment partner in Canada.

Casino Payment Options by Cryptocurrencies

Many Canadian gambling websites also allow payments through Bitcoin and other cryptocurrencies, such as Litecoin. These online casinos are not only safe, but also provide anonymity to their customers. Payments and deposits on these casinos are near-instant.

  • Bitcoin-based online casinos are open to all and charge low fees.

Phone-Based Casino Payment Methods

You can also play at online casinos that accept phone-based payments. Apart from being safe, these gambling sites are also convenient. You don’t have to deposit money separately on these sites, simply provide your phone number and begin playing.

When your phone bill comes, it would include your casino payment expense. Pay this money to your phone company and save time. Provided you are lucky, you can withdraw your earnings by this option as well. However, not all pay-by-phone casinos allow withdrawals by this mode.

Electronic Cheques

Many Canadian casinos also accept payments with electronic cheques. Since there are no clearing charges associated with these payment instruments, e-cheques are cost-effective and convenient. In most cases, the transaction fee is the CAD equivalent of 10 cents.

E-cheques are safe because you don’t need to give out your credit card or debit card information. Besides, some online casinos encrypt all the e-cheque data and hide it from hackers. Despite being one of the best online casino payment methods, e-cheques suffer from one disadvantage. If your casino is unsafe, this payment instrument can be hacked easily.

The Importance of Encryption in Casino Payment Options Security

Many online casino reviews don’t talk much about SSL and encryption. SSL stands for Secure Socket Layer technology. Here, your payment information travels from one point to another under a virtual tunnel, thus making it invisible to hackers.

The top payment methods online casinos also check the individual’s identity before releasing payments. For example, credit and debit card operators always send a unique code to cardholders for ascertaining the payments. With that said, please handle your payments cautiously.

Conclusion

The top casino payment methods in Canada are safe and easy to use. These gateways can be clubbed into credit and debit cards, prepaid cards, virtual wallets, and cryptocurrencies. Some online casinos also accept payments through phone and bank transfers. Most online casino reviews don’t cover all these gateways. However, this article has done justice to all the payment channels.

FAQ of Casino Payment Options

Which is the Fastest Payment Option?

Bitcoin-based online casinos process payments within a few hours and are the fastest gateways. Whether or not the deposit method is best for you, you can always go and find many well-respected online casinos which are available in your country that will let you use the deposit method of your choice.

Which are Some Top E-Wallets at Casino Payment Options?

The top ones include PayPal, Skrill and Neteller. Virtual wallets are secure and easy to set up.

What is Boku?

This is a phone-based payment service which is used by many Canadian online casinos. The network, known as M1ST, is expected to help simplify the highly fragmented mobile payment acceptance market by integrating over 330 different payment methods, such as mobile wallets, direct carrier payments and online payment systems, into one payment system.