Top Canada payment methods
InstaDebit Online Casinos
Once you see an InstaDebit’s logo in the payment options section, you can certainly be sure that you will have uninterrupted access to dedicated services provided by the casino. Online casinos that support InstaDebit can allow you to make both deposits and withdrawals with the same method, giving you more control over your bankroll. Deposits are instant and withdrawals only take a few hours to be processed. This means that you get your funds a few hours after security checks and verifications have been completed by the operator’s finance department.
For credit cards, there will be more detailed inspections when using credit cards because they are owned by your bank or the issuing financial institution like MasterCard or VISA.
iDebit Accepted at Casinos Online
The Canadian territory is also marked by iDebit, just as it is with InstaDebit. Even though most punters might prefer using InstaDebit all the way, it is always good to have an alternative payment method. This brings you to iDebit because it is readily available for making your deposits or withdrawals. The associated fees are significantly lower compared to what credit cards would otherwise charge you for making transfers or withdrawals. That is why we strongly recommend either iDebit or InstaDebit. To learn more about these two payment methods available for Canadian online casino players, you can check out the dedicated casino lists that support InstaDebit and iDebit.
Interac Online Casinos – the latest Generation
Interac is an exclusive Canadian payment method that online players can take advantage and it has since contributed to the success of many casinos in Canada. The payment method makes it easy for players to make instant deposits, getting them a step ahead. Moreover, once you make your deposits with Interac, you qualify to get bonus offers, which will accord you great benefits at online casinos.
eCheck Canadian Casinos – Deposit checks online
This is a relatively new payment method for online casinos thus you won’t easily find this payment option in many online gaming sites. However, the good news is that many gambling sites support eCheck. eCheck is a digitalized version of the normal paper check and it functions quite similarly to wire transfers since it eliminates middlemen. It does this by providing a direct link form the casino to your bank and back. They also give you the chance to qualify for bonus offers.
How to choose the best casino payment methods for Canada
There are some key factors to consider while choosing the best payment method, similar to choosing the best casino. Choosing a payment method that works for you should not be a hassle but rather fun experience. Here are three important factors to consider when choosing the best casino and payment method:
- The safety and security of the payment method and casino.
- How long it takes for the casino to process your payments.
- Choosing the payment method to make your withdrawals.
Let’s take a closer look at some of the most common payment methods available in Canadian online gaming platforms in 2020.
Online Casinos Accepting Canadian Dollars (CAD/CA$)
Approximately 99% of online casinos allow players to make deposits and withdrawals in Canadian dollars, all thanks to mostly MasterCard and VISA. A good number of these casinos do not restrict Canada. It is important to note that taking this as your only criterion for choosing your most ideal casino won’t exactly satisfy your needs. Although they do accept CAD, you have to part with some conversion fees, which can sum up to a lot in the long run. What does this mean? If you are a casual player, these fees can amount to $20 in deposits, which is a pretty decent amount for making a difference. You can snatch up some deposit offers like free spins just from that $20.
Always try to find an online casino that accepts payments in CAD. You will realise that you will save a good amount of your hard-earned money in the long run and you will thank us for it.
E-wallets
While PayPal probably is the most popular e-wallet around the world, there are other options available for Canadian players. Another good example of that is the e-wallet Instadebit. E-wallets are arguably the most preferred payment methods among Canadian punters. The Canadian payment solution lets players make their payments instantly and directly from their respective bank accounts. It functions pretty much like an electronic cheque.
Prepaid cards
The use of prepaid cards in the online gaming industry is widely acceptable. That is why most players opt to use a Paysafecard. It offers players anonymity, top security plus full control over their expenditure. Gamblers are not required to provide their credit card or financial details to use the card. However, there is a catch. You can only use the card to make deposits. You will be required to find another payment method to make your withdrawals.
Credit cards
A Visa card and a MasterCard are the best examples of debit and credit cards that have been largely accepted in the internet gambling industry since it came to existence. One significant advantage of using either of these cards is that you can use them to make your deposits and withdrawals as well. This means you won’t need to use additional methods to collect your winnings.
How to determine the safety of a casino payment method
Reliable casinos use the latest 128-bit SSL encryption technologies to secure users’ payment or personal information provided when creating their accounts. It is also important to note that technology ensures that every monetary transaction is safe from being intercepted by malicious individuals or third-parties. Safeguarding your banking details should be of utmost priority.
Every casino we recommend uses encryption to ensure that all payments made are secure. It is only unfortunate that not all payment methods extend their services to different countries around the world. Since the list of all the inclusions and exclusions is quite comprehensive, ensure that you carry out due diligence to establish all the facts. For instance, one common issue facing Canadian players is that the only payment methods they can use are credit cards like MasterCard and Visa. However, all the casinos we have chosen support multiple payment options for Canadian players, including iDebit and Interac. They are both faster and straightforward to use.
