How do I choose a casino banking method?
When considering to choose a casino with the best banking options and no deposit bonus, there are a number of factors involved. You must understand that everything boils down to your online gaming experience being an amazing one or a completely regrettable one. Principally, there are three significant factors that you should consider when it comes down to choosing your preferred banking method and casino itself:
- How long the casino will take to process your payment.
- The safety of the casino and banking option.
- The payment methods to choose from for making withdrawals.
How do I know a casino payment is safe?
Encryption is one of the best ways to know if an online casino has a reliable payment option. All reliable online casinos utilise 128-bit SSL encryption technology to ensure that all your payment information is secure. The encryption also extends to securing all the personal information you provided when you created your account. What is most important is that encryption prevents all monetary transactions from being intercepted by third parties. This is a necessity when choosing to trust any casino with your details.
We only recommend casinos that utilise encryption technologies to secure payments. However, please note that not all countries across the world can enjoy the services some of these options offer. Ensure that you are well-informed on all the facts before making your choice because the list is all-inclusive. For instance, a common issue for CA punters is that the only banking method they can use is credit cards.
However, we have made sure that all the online casinos we have listed provide multiple banking options for punters in Canada including iDebit and Interac. Both of them are reliable because they are not only faster, but they are pretty straightforward too. Read more on the various banking options that CA players can use here.
How long does it take online casino payments to be processed?
There are a few things that can affect processing durations; slot volatility-meter and the processing method efficiency. You may have noticed that there are some platforms that can promise you that the average waiting time for withdrawals on their casinos is between 24 to 48 hours. Note that this does not even include your preferred financial institution’s time for processing the funds. This means that some of these casinos can easily take over 48 hours. It is only obvious that you want your winnings soonest possible. Therefore, the shorter the processing time, the better.
We have made sure that we have condensed all the possible factors you can consider to choose nothing but the best. When it comes to payments, we’ve ensured that the casinos we recommend are the most accessible, fasted and the safest when it comes to matters payments. You can be sure they won’t let you down.
Why aren’t online casino payments instant?
In real sense, an online casino does not actually need a long time for them to process your payment. It all depends on staffing. If an online gaming platform employs enough staff to work in the finance department and work around the clock, then making payments would be faster. As a matter of fact, with enough workforce, casinos could be making same-day payments.
All the staff will have to do is checking the players’ accounts and ensuring that everything is in order then approving the withdrawal. From this point, it will only depend on your financial institution to make the approval. All the casinos listed here guarantee you fast withdrawals. You won’t have to wait a day. The process can even be faster if you are a VIP Club member.
Why aren’t casino payments free?
Your location and the payment method are what matters regardless of whether the online casino payments are free or otherwise. For instance, if you use EcoPayz, you will realise that the method comes with some transaction fees, which is similar to a few other banking options. You can also come across casinos that add their processing fees mostly because of the costs they incur for using a certain payment option. It is up to you to carry out some due diligence to find out casinos that don’t extra charge you to make payments.
Does withdrawal method affect payment times?
Yes, it does. The payment time will largely depend on the payment method you choose to make your withdrawal. To make the fastest withdrawals, you can use e-Wallets. However, one downside with e-Wallets is that some methods are not available in Canada.
e-Wallets: They include payment options like PayPal, InstaDebit, Skrill, Interac, and Neteller. They are fully online-based and you can easily store your funds online or make a transfer quickly as you please.
Credit Cards: VISA, Maestro, and MasterCard are by far the most popular in this category and they operate using PINs and an account not linked to your primary bank account. Despite being relatively easy to use, they mostly come with transaction fees.
Bank Methods: This can either be by check or bank wire transfers to make payments. Compared to all the three payment options, bank methods are by far the least convenient and the slowest too. However, if you prefer going old-school, then by all means.