We live in the age of online casinos. Gone are the days when you had to visit a brick-and-mortar gambling establishment to play your favorite casino games. Ever since online gambling was allowed in Canada, more online gambling platforms that accept Canadians have continued to emerge.
While some people head online to play casino games for fun, most do so for real money with the hope of winning. If you wish to play online for real money, you need to choose a payment option.
When choosing an online casino, you need to look at the payment options it offers. Are those payment options suitable for and convenient for you? Secure, versatile, and stress-free payment methods make your gaming experience effortless and more fun. You can rest assured that your sensitive information and financial transactions don’t end up in the wrong hands.
Every online casino offers different payment options, which come with different fees, withdrawal times, and security measures attached to them. In this guide, you will learn about the best online casino payment options for Canadian players.
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What Are the Best Payment Options?
Here are the top online casino payment options for Canadian players.
Apple Pay has gained immense popularity as a payment option in online casinos due to various reasons. Firstly, the transactions between online casinos and Apple Pay are instant, so, you can start playing your favorite games immediately after making a deposit. Also, you can redeem welcome bonuses from casinos that accept Apple Pay deposits.
Apple is known to use advanced encryption technology on the Apple Pay platform, which means that all your financial transactions are secure from malicious third parties. Players need to use biometrics to access their casino accounts, which means that you don’t have to worry about someone accessing your account in an event of a lost device. Another desirable feature is that Apple Pay doesn’t charge any transaction fees. However, some casinos impose transaction fees, so, you should confirm with the platform you are playing at.
Interact is a common and popular online payment method in Canada, especially at online casinos. While you can use Interac for both deposits and withdrawals, the method is commonly used to deposit funds at online gambling platforms. When you use Interac online or Interac e-Transfer at the casino, it means that you are transferring funds directly from your bank account to your online gambling platform account using a third party processor called gigadat.
That is because Interac works as a bridge between the online casino and your bank account. Therefore, you can transfer funds fast and effortlessly. Since Interac is only available in Canada, it means that this method is meant for players from this country. It is easy to use and safe since it uses a dual security system.
Master Card and Vanilla Prepaid
Have you heard about Vanilla prepaid? It is a prepaid debit card that can be Visa or Master Card depending on the one you choose or who you buy it from. These cards are normally used as gift cards for those working with low budgets. Vanilla prepaid cards are ideal for players starting at online casinos or those with lower bankrolls. However, they have gained immense popularity as a deposit method for almost all online gambling platforms in Canada.
Although players cannot purchase vanilla cards online, they can find them at thousands of retail places all around Canada. Once you get your Vanilla card or refill one, you can then use it to make online transactions, including funding your casino account. Most online casinos in Canada accept either Master Card, Visa, or both.
ecoPayz is a digital wallet that allows you to create up to ten currency accounts. To add funds to your ecoPayz account, you need to use local deposits, debit/credit cards, or international bank transfers. Canadian online gamblers can use ecoPayz to either deposit or withdraw funds.
The process is easy since you only need to provide your account details. Provided you have enough money to make the transfer, your transaction will be successful. The process is similar to that of any other e-wallet. To ensure security, the website uses 256-bit Secure Socket Layer encryption.
Players are also advised to enable 2-step verification. Each time they log into their accounts or wish to transfer funds, they receive a security code on their email or phone. They have to enter the code for the transaction to go through.
the list of top online casino payment methods for Canadians cannot be complete without mentioning iDebit. It is a payment option that connects users to their online banking directly and securely for real-time payment without the need for a credit card.
To use iDebit at online casinos, all players need to have is a bank account with a participating bank. The account should also have online banking access. What makes it a top payment option for online gamblers is that it protects players’ banking details. Players don’t need to share their banking information with online casinos, which assures them that their sensitive data is safe and secure.
Hopefully, this guide will help you choose the best online casino payment option to use at your preferred casino. remember to play safe and may lady luck smile down on you.