Canada’s top online casino banking options
The online casino industry has been evolving over time and Canada hasn’t been left behind. The usability of online casinos nowadays has been helped by the various banking options available. These secure banking options include invoices and bitcoin payment. Take your time to select a secure payment method as this will give peace of mind as you enjoy playing your favorite games.
Interac has lately become one of the most popular ways to deposit and withdraw from online casinos in Canada. Find out why by reading more about Interac on our dedicated page about it via the menu on the right side on this page.
Going by the increasing number of gamblers online, the industry needs a great deal of secure payment methods, and this is why Zimpler is here. Zimpler is a pay-by-phone option which you can link to your casino account through your mobile device. Once you set up your Zimpler account, you can then link it with your casino account to deposit or withdraw cash as and when you want. Simply put, Zimpler acts as a link between your bank and the casino. The best part is that you don’t have to give any of your banking information to the casino as Zimpler offers high level of protection and security. Using the mobile phone bill as a payment method adds yet another layer of data protection.
As mobile casinos continue to pop up every single minute, so are the deposit and withdrawal options using the same device. Boku has therefore become a popular payment method for most casinos around the world, and more so Canada. Boku offers you a chance to make transactions easily and securely. Boku is a pay-by-mobile option that lets you deposit cash into your casino account and then pay through your phone bill at the end of each month. Boku is becoming popular among online casino players as they are not required to give their bank details at the casino.
If easy deposit is the convenience that an online casino should give you, then a PayPal casino should be at the top of the list. It’s not only easy to make deposits, but payouts are also quick and efficiently secure. PayPal is an American company that offers the world with easy and secure money transfers acting as an alternative to paper payment methods, such as money orders and cheques. PayPal mainly serves online vendors, auction sites, and other e-commerce platforms. PayPal casinos therefore make life easier for players who prefer to use PayPal to make deposits or withdrawals.
Neteller is an e-money service owned and operated by the Paysafe Group, a British company leading in global payments. Neteller has, from inception, been used to make cash transfers including payments to and from traders of social network firms and forex trading firms. Neteller Canada wallet is easy to set up and can be used to make deposits and withdrawals at an online casino. Most online casinos have actually adopted Neteller for online payments going by its fast processing nature.
You can register for a Neteller account on the company’s official website and set it up to 26 major currencies. You can load money to your Neteller account from a bank account, credit card or through other 30 available options. The deposits are super-fast, and can be instant at times depending on your country of residence. You can use Neteller Canada to deposit money into your online casino account or make withdraws by cheques, bank transfers, or Neteller master cards.
Online casinos in Canada are expanding as more people are joining the industry as players, investors or casino developers. This is why most online casinos saw it important to have diverse payment methods that could allow players to fund their accounts and withdraw their winnings pretty fast and safely. Bitcoin has proved to be effective in iGaming. Its popular nowadays on most online gambling sites. The cryptocurrency is efficient, therefore becoming the leading e-wallet in online casinos across Canada.
Bitcoin transactions are swift and easy provided you have a bitcoin wallet and go for an appropriate Bitcoin Casino. You’ll incur very low transaction fees using this option irrespective of the amount. The currency is secure and safe than other currencies. Bitcoin lets you remain anonymous, which allows you to play even from countries where gambling is highly restricted. One downside of bitcoin is that not all sites allow players to use the currency. This can be the case if your favorite casino doesn’t use this payment method.
Online gamblers nowadays have a range of credit card banking options, with Visa and MasterCard possibly being the most popular and used widely for safe gambling. Credit card casinos are very popular around Canada, therefore allowing players to make safe and fast deposits. However, not all credit cards are the same, and the brand you use will have a direct impact on how far you can use it online.
All online gamblers are concerned about their safety online. Most credit cards are secure and your personal and banking data is protected as the cards maintain the necessary encryption. It’s important to check out the details on each online casino before making a deposit, but generally, most Canadian online casinos accept credit card as a method of payment.
Skrill is a well-known online banking service in the world. This service is used by over 35 million people in the world and is accessible in more than 200 countries. Skrill users enjoy secure online shopping with more than 150,000 online shops accepting this payment option, which also encompasses most online casinos. Skrill doesn’t offer any form of credit, but includes only a banking option, which is also referred to as an e-wallet. This means that you must transfer funds to your Skrill account before carrying out any payments or transactions.
Skrill uses an encryption software that conceals every transaction so that it’s not seen by third parties. This includes both incoming and outgoing transactions. In addition, online casino security software adds another level of security making each transaction safe. Skrill doesn’t include any personal information with any transaction. Therefore, with Skrill, funds in your account are safe and kept top secret. Incoming and outgoing payments are instant.
Glossary of online casino banking terms
There are a number of banking terminologies you should have full knowledge of. The following list will cover some terms that will be helpful in making easy deposits, withdrawals, and overall gaming payment experience.
You will come across this term in most of the payment methods at online casinos. It simply means the maximum amount you can withdraw from a casino account. A withdrawal limit could either be weekly or monthly.
This is another term commonly used in online casino banking options. It denotes the account whose owner has been identified by way of identification document or physical address.
How to choose a suitable payment method?
It’s hard to say that there’s best payment method when it comes to online casinos. A payment option that’s safe and not easily compromised can be said to be suitable. The method you choose should use SSL 128-bit encryption technology for maximum safety. Choose a method that’s fast and convenient. You don’t have to wait for days before a deposit or withdrawal is completed while there are payment methods that offer instant transfers.
Choosing an appropriate and safe payment method that’s accepted by your favorite online casino can give you peace of mind while you’re playing. Choose a method that doesn’t show your personal or banking details to third parties. Every payment method has convenience that every player identifies with, so the choice you make will depend on what you want. Some players will choose high-end encryption over the convenience of instant withdrawals, which is okay as security is everything when it comes to online payments.