Casino Payment Methods: Options Available

Payment methods in online casinos play an important role, as they allow players to deposit or withdraw money. All transactions with funds should occur without delay and be secure. That is why it is important to understand what casino payment methods exist and how do they work.  Each person chooses the method that suits them best, either for safety reasons or out of obligation. Here, in our guide, are the different deposit methods in the best Canadian casinos:

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Credit, Debit & Prepaid Cards

People often tend to choose a credit card as a payment method. This is because it is one of the fastest and most secure ways to pay. Below are the most commonly used types of cards:

Credit Cards

Credit cards are the most requested solution by online casino lovers. They can be considered as the number one in casino payments. 

Debit Cards

Debit cards are used by careful players in online casinos. Convenient for those who want to set a budget for online games. 

Visa

Visa is a bank card supported by all online casinos. The player needs to enter the card details to deposit money.

Mastercard

Mastercard is a bank card accepted by all online casinos. Simple to use, the player needs to enter the card details to make a casino payment. 

American Express

American Express is a bank card that can be easily obtained and is very convenient for making a casino payment.

E-wallets

Another payment method that tends to be used by those who are reluctant to provide their credit card numbers are e-wallets:

PayPal

PayPal is the most famous e-wallet. It allows customers to make casino payments without taking their bank card out of their wallet. 

Neteller

Neteller is an e-wallet that is in demand by many players. It acts as an intermediary between the bank card and the online casino.

EcoCard 

coCard is a visa card that allows real-time cash withdrawals. In addition, it facilitates payments at online casino sites.

ecoPayz

ecoPayz offers an e-wallet and a Mastercard for casino site lovers. In addition, it allows payment without the use of a bank card.

PayNearMe

PayNearMe is a payment method created to facilitate payment methods in online casinos.

Interac

Interac offers money transfer options without the need for unnecessary paperwork. As a result, casinos can confidently use it for their customers’ needs.

MuchBetter

MuchBetter is a convenient way to transfer money without a bank account, hence its frequent use in casinos.

Zimpler

Zimpler is a Swedish online payment method. It is widespread and is used very frequently by casino players.

Mobile Payments

Mobile Payment is another method to pay that is often used by a large majority of people looking for fun casino games. Indeed, since everyone has their cell phone at hand, they can make their payments with a simple gesture, for which they can use one of these:

Google Pay

Google Pay is a popular means of payment because it is safe, fast and convenient to ensure its payments. It is used, in particular, by casino players. 

Apple Pay

Apple Pay allows players to make payments using their Apple ID. It is easy to type in the Apple ID and make payments in online casinos.

Boku

Boku is a convenient mobile payment method for making payments in online casinos. All gamblers have to do is type in their number and log in to their chosen gaming site.

Skrill

Skrill is among the secure and easy-to-use casino deposit methods, making it an excellent choice for use in casinos. 

Pay By Phone

Pay By Phone is a convenient application among casino payment methods in all circumstances. All players need to do is have their Phone at hand.

Trustly

Trustly is an application that provides making online payments with confidence. Online casino players have the opportunity to use it. 

Bank Transfers

Bank transfers are also convenient as a payment method to enjoy casino games online. Since most people have a bank account, they find it easier to use them without the hassle of another method. Thus, all payments are made between banks. The user only has to designate the amount to be deposited or withdrawn. 

Wire Transfer

Wire transfer is an electronic payment method by bank transfer. It is efficient and secure and is often used by online casino players. 

InstaDebit

InstaDebit is a fast and secure payment method that records all payments and withdrawals made. 

iDeal

iDeal is an interbank payment method. It is a method of transferring money from one bank to another and can be used on a cell phone.

Instant Banking

Other gamblers opt for bank transfers to make their payments on online betting sites. These transfers can be very convenient for those who have bank accounts. It is possible to mention as examples: 

eCheck

eCheck is a good method adopted by casinos, as this electronic check effectively facilitates online payments. 

MyCitadel

MyCitadel is among casino payment methods. It is convenient, secure and accepted with confidence in online casinos.

Prepaid Cards

The prepaid card is another fast and efficient payment method to use and enjoy slots online. This card, which can be easily acquired, is convenient from many points of view and does not commit you to anything since you do not even need a bank account. Here are the cards that can be used:

Paysafecard

Paysafecard is a prepaid voucher containing a 16-digit pin code. The player enters this code on the payment interface of many online casinos.

NeoSurf

NeoSurf is a prepaid card that can be purchased at any retailer and is frequently used at casinos. 

Online Casino Banking 

To make deposits a casino may offer several payment methods. Thus, casinos can accept any of the various payment methods offered by players at their online sites. The same goes for the users who choose to opt for the payment method that they consider to be more reliable and secure, whether they are depositing money to play or withdrawing their possible winnings.

The banking institutions that deal with online casinos are usually responsible for the smooth running of the financial transactions between these casinos and the customers who put their money on the line to access the casino or refer to them to withdraw their winnings with assurance.

Cryptocurrenciesat Online Casinos

Today, when the popularity of cryptocurrencies is gaining momentum, online casinos are trying to keep up with technology and accept Bitcoin and other digital coins to deposit and withdraw winnings.

Thanks to their anonymity and security, the best casinos in Canada have included many cryptocurrencies in their list of payment methods. Among them are Bitcoin, Litecoin, Ripple, Dogecoin and others.

FAQs

What is important when selecting a payment method?

Everyone tends to choose one payment method over another. Most people generally look for the most reliable and secure method first. But each person is free to choose the way that suits them best. 

Which are safe & secure?

In general, all payment methods are supposed to be efficient and secure. However, one of the methods can have some unforeseen failures. It also depends on the player’s level of vigilance.

How are winnings generally paid?

It depends on the payment method used by the player. But generally, it is instantaneous or in a few days. Usually, the processing of transactions with new players can take longer for security reasons. 

What if I encounter a problem depositing money?

Although it seems very rare that there are any problems with depositing money, this may usually happen when the transaction is suspicious. The player should contact the casino’s customer service department to resolve the issue.