to deposit with e-wallets at an online casino
Depositing with e-wallets is very simple and user-friendly, so everyone should be able to learn to use this payment method without too much difficulty. Just follow these few steps and you are all set to be funding your casino account within minutes.
Choose an e-wallet you would like to use. We will introduce few of the most popular options a bit later in this article. The e-wallet services we have chosen to include in this article are all extremely safe and trusted by millions of gamblers all over the world.
When you have chosen the service you would like to use, you need to set up an account at the e-wallet website. You need to provide the e-wallet some personal information, such as your name, address and debit/credit card
details, but it should not take too long. Once you have set up an account, all you have to do later is to remember your username and password
Once you have set up an e-wallet account, you can then use it to make your deposits at the online casino you are playing at. You can go to your casino and select the deposit option in your account or at the cashier section.
Select the e-wallet as your payment method. You will then be asked to log in using your e-wallet username and password. Once you have entered your details and the amount you want to deposit to the casino, you’re all set! Most e-wallets offer instant deposits, so the funds should be visible in your casino balance as soon as the payment has been completed.
Once the funds have securely been transferred from your e-wallet to your casino account, you can start placing real money bets in your favourite games.
to withdraw winnings from an e-wallet online casino
Withdrawing the money you have won in your favourite games is just as easy as depositing money to your casino account.
First check what the minimum withdrawal amount your casino requires is. If you have enough money to make a withdrawal, you can go ahead and send a withdrawal request to the casino.
If you are asked to select a payment type where you want receive the money, select your e-wallet on the list. Often casinos only offer withdrawals to the same payment method you used to make your deposit, so if you want the funds to be transferred to your e-wallet, make sure to deposit using it first!
Confirm your withdrawal. The casino will then check that everything is okay with your withdrawal, and you may be asked to prove your identity if you have not done so before. Once the casino has processed your withdrawal request and accepted it, the money should be instantly visible in your e-wallet. The time for casinos to process the withdrawal varies, but you can expect it to be from a few hours to a maximum of two days in most cases.
Once you have the money in your e-wallet, you can use it to make more deposits, other online purchases or transfer it to your bank account.
The most popular
E-wallets became extremely popular due to their ease-of-use and payment security as online sales have grown more and more popular over the recent years. This has meant that there has also been a surge in the number of e-wallets available. Some of them are primarily used for online shopping, whereas some are more geared toward casino players. Our team put together this list of best and most popular e-wallets for online casinos and has carefully checked each and every one of them to be ensured of their great quality. So here are some of the e-wallets that online casino players like yourself have flocked to:
InstaDebit is a very popular way to make online purchases in Canada. It does not actually fit all the criteria of an electronic wallet, as you do not store money separately from your bank account on InstaDebit. This service acts more like a mediator between you and the online casino, so that you do not have to enter any sensitive financial information, such as your credit card number, on the casino’s website.
InstaDebit is available for everyone who has a Canadian bank account. Their anti-fraud systems are top-notch and they will never work with any shady merchants, so if you see InstaDebit as a payment option on your casino, you can be sure that it has undergone some rigorous verifications from InstaDebit’s part.
Another great thing about InstaDebit is that they only charge CAD$1.95 for each payment and CAD$2.00 for each withdrawal, so the fees are quite reasonable, especially if you play with larger sums of money. The lump sum fee can save you quite a bit of money compared to a percentage-based fee that some other e-wallets use.
iDebit is a competitor of InstaDebit, as they offer the same service. iDebit lets you make deposits straight from your bank account but without disclosing any of your bank details to the casino. You will not even require a credit card to make your payments, as the money is deducted straight from your bank balance.
The security of iDebit is no less impeccable as it is on InstaDebit, as they both use the same level of encryption technology to ensure that all your funds remain safe. The payments are slightly cheaper than they are on InstaDebit, as they are only CAD$1.50. The withdrawal fee is the same.
PayPal has earned its worldwide reputation throughout the years and it is probably the most popular e-wallet of our time. What makes PayPal great is its versatility: you can use one and the same service to make your casino deposits, to send money to a family member, to make international payments and all your online shopping.
Besides being hugely popular, it also offers the latest, state-of-the-art security and extremely fast transactions. PayPal also has a mobile app for those who like to do everything on their mobile on the go. This is extremely handy if you like to gamble on your mobile device.
Whilst PayPal is targeted to a very wide audience for all its different uses, Skrill is aimed slightly more to the online players. Skrill is a widely accepted payment method in the vast majority of online casinos, so availability of this e-wallet should not be a problem as you look for a service to choose. Skrill is a true e-wallet, as you can store your money on your Skrill account as well as use it for deposits and withdrawals.
Skrill offers extremely good security and customer service, which should please the online casino fans. Sometimes Skrill can be excluded from welcome bonuses that casinos offer, so always be sure to read the fine print.
ecoPayz might not be as popular as some of its competitors, but it has been around for a good amount of time and proven to be a trustworthy service provider. ecoPayz focuses on offering very reasonable fees on their services: funding your e-wallet account is completely free, unless you are using a credit card. There are some small fees for currency exchange and account inactivity, which are all listed on their website in more detail.
of e-wallet casinos
As for the answer to the question, “why should I use an e-wallet?“, the top answer would be security. Whilst the advanced technology is readily available to protect your money, hackers and spywares can sometimes creep in to try and get their hands on credit card details. Using an e-wallet completely removes the need of inserting your credit card number to the casino websites, adding an extra layer of security to all your gambling transactions.
Using an e-wallet also lets you conveniently place aside a gambling fund and monitor it outside your bank account. This way your gambling will stay more in your control and you will not find your bank account to suddenly have less money than you intended there to be. We all might lose sight on our finances from time to time, so having a dedicated gambling e-wallet might just do the trick in keeping your finances in check!
Withdrawals to e-wallets are usually instant as soon as the casino has accepted your withdrawal, unlike wire transfers which may take up to a week’s worth of working days. Deposits are also instant, so you get to enjoy playing very quickly. Setting up an e-wallet account will only take minutes and creating an account is often completely free of charge. We highly recommend giving e-wallets a go, as you gain all these advantages and using the e-wallet as a payment method is very quick and easy!