The thrill of real money casinos is loved across the world. Whether it is in Africa, Europe, South America, Australia, Asia, or North America, betting has a strong appeal.
In North America, Canada is one of the countries where betting is doing well. It is legal to bet in Canada, making it even easier to enjoy online casinos. Players love it because there are several games to play, bonuses to enjoy, competitions to win, and more.
With a reliable internet connection, you can access multiple online casinos. But without an accessible, fast and trustworthy payment method, all the fun and games are inaccessible. You will not be able to deposit or withdraw.
Thus, online casinos invest in having the best payment methods to facilitate deposits and withdrawals of their players. There are a couple of popular payment methods.
This article will share which ones Canadians love the most.
If you are looking for the most popular payment method in Canada, look no further than instant banking. You can connect your bank account to the online casino via an intermediary third party. This allows you to enjoy secure and speedy transactions at the casino.
With instant banking, you have options such as Interac, iDebit, eCheck, InPay, and Citadel. Interac is the most popular option with experience of over 30 years and partnerships with over 250 banks.
E-wallets are a gateway between your bank account and your favorite online casino. This option is attractive for Canadians because you do not have to reveal your bank details. More so, they are an affordable, fast, and easy-to-use transaction method.
What options do you have? EcoPayz, MuchBetter, WebMoney, SticPay, eZeeWallet, and Jeton.
When Canadians do not want their e-wallet or bank account associated with betting, this is the option. Additionally, you can play Canadian money games without a bank account or e-wallet. You can also control your bankroll.
How can you get one? Through retail outlets. After selecting the payment option at your casino, all you need is your PIN to transfer money.
Options include Revolut, Neosurf, Paysafecard, and Flexepin.
Since credit cards are used in many other transactions, they are an easy choice for betting Canadians. While they may be accepted at online casinos, banks are cracking down on online gambling and may reject your card. You may be better off with another method.
The options include Visa and Mastercard as debit or credit cards. Use caution with Mastercard since they do not support casino withdrawals.
While you will not find cryptocurrencies in many online casinos, they are becoming more popular by the day. Its adoption is mainly because it gives Canadians many benefits. These include cost-effectiveness, speed, and security. Additionally, you can transact with cryptocurrencies anonymously.
You will lose some money using the casino exchange rate from fiat money to cryptocurrencies. But if you already have a crypto wallet, you will not lose anything.
What cryptocurrency options can you expect at online casinos? Bitcoin, Litecoin, Ethereum, Ripple, and Bitcoin Cash.
Bank Wire Transfers
While this may be an old-fashioned method, it is still good for some betting Canadians. Players contact their bank representatives and provide them with the casino bank details to perform a transaction.
The benefit of bank wire transfers is you do not share your bank details with the casino. on the other hand, its drawback is it may take a while for the funds to transfer.
You will need to consult with your bank about whether this is an option they provide.
The convenience of mobile phones is undeniable. They are gaining popularity not just for online casino gaming but as payment method options. More online casinos are adding mobile payment operators as a payment option.
Boku is a popular example. Across Canada, they allow payments through carrier billing. They are supported by Bell Canada and TELUS mobility.
Canadians enjoy betting. It is even easier because it is legal and widely accepted across the country. There are several online casinos where you can play many popular Canadian money games such as slots, poker, roulette, blackjack, and more.
All this is impossible without payment methods facilitating deposits and withdrawals. Fortunately, players can choose from several alternatives. They include mobile payments, debit/credit cards, instant banking, prepaid cards, and cryptocurrencies.
While betting at online casinos in Canada, processing your payments should be hassle-free. Remember, each method has some unique benefits so choose one that suits you.