Which Casino Payment Methods are Best for Canadian Players?

Being offered a choice, Canadian online gamblers will most frequently opt to pay via MasterCard, Visa or American Express. Alternatively, you may choose to fund your casino account with one of the E-wallets, either PayPal, Neteller or Skrill, pre-paid card such as PaySafeCard, or local E-transfer option Interac.

PayPal – This hugely popular E-wallet payment system is used by millions worldwide. It’s still not the most widely represented digital wallet on the online gaming scene, though more and more PayPal casinos seem to be emerging as time goes by. The advantage PayPal has is that deposits made using it are never excluded from welcome offers, unlike Neteller and Skrill. At the same time, it shares all the benefits of its competitor E-wallets – simplicity of use, speed, anonymity, and ensured safety with the highest levels of security. A user has to go through a simple sign-up process, add a card, and you’re set to perform online payments without having to re-enter your financial information every single time.

Neteller – is a frequently seen E-wallet, favored by online gamblers thanks to its ease of use and speedy transaction rate. Many casinos offer it both for making deposits and withdrawals, though some are not willing to extend their welcome offer to players who use it. Still, Neteller offers many benefits: sign-up is free, payments are made only with an account ID and security code, it’s normally the fastest way to collect your profits, and rock-solid security procedures protect your cash and all personal information.

Skrill – is like Neteller’s twin; the two are generally found together at most gaming sites and share the same strengths. Skrill is another fast, safe and easy-to-use E-wallet which can be used to make both deposits and withdrawals. It takes no more than a few minutes to create a Skrill wallet which then needs to be funded either with a bank transfer from your bank account, or via credit / debit cards. When paying money into your casino account, you’ll be doing so without having to reveal personal payment information, and once the casino pays out your winnings, it’s super easy to transfer any funds to your bank account and then withdraw via an ATM machine.

PaySafeCard – is a prepaid banking solution allowing online transactions to be made with a 16-digit pin code and nothing else. You’re not required to open a third party account in order to be able to use the service; simply purchase the card from one of thousands of outlets worldwide, and you’re good to go. Since your personal information is not being shared, PaySafeCard is a perfect payment option in case you want to remain anonymous. It’s also a great budgeting tool since, once the pre-loaded amount has been spent, you have to go buy another card before you can spend more.

Interac – is an electronic fund transfer option renowned for its speed. To make a deposit, all one has to do is log into their online (or mobile) banking system, select the account, and follow instructions to complete the transfer of funds. Interact is supported by all major Canadian banking institutions, and one of the reasons it’s well-liked by Canadian players is that service provider charges one flat rate for every e-Transfer. There’s no middleman and banks employ highly advanced security measures, which means you don’t have to worry about your financial or personal details ending up in wrong hands.