Online casino payment methods

E-wallets, bank transfers or prepaid vouchers - what is the best online casino payment method for me?

Do you want to play for real money in an online casino? Then find out now how to deposit money directly in a safe and comfortable way with the best online casino payment methods.

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How secure are your payment details when playing at an online casino?

If you want to play for real money at an online casino in Canada, you can choose between a few different payment methods. This means that you can then use a credit card, a bank transfer or a digital payment service provider such as Skrill to top up your player account with credit in order to play in the casino.

At this point, many worry that their payment details might not be safe when playing in an online casino. Are online payment methods really safe? And how does the provider deal with the data? It is precise with these questions that the various available online casino payment methods come into play: Because depending on which you choose, there is a particularly high level of security. With some, such as PayPal or Neteller, your payment details are not even shared with the online casino, so you can deposit and play with peace of mind without having to worry about the security of your information when using these online casino payment options.

By the way: We only recommend safe and licensed online casinos that offer reputable payment options where your data and deposits are always safe.

Did you know? Trustworthy online casinos are checked thoroughly by regulatory authorities and only then are they licensed. A good example of this is the renowned Malta Gaming Authority (MGA).
The most popular casino payment methods online in Canada
Payment Method Type Avg Deposit Duration Avg Payout Duration Fees
Visa Credit/Debit Card Instantly 3-5 business days 2%
MasterCard Credit card Instantly 3-5 workdays 1.5%
Maestro Debit card Instantly KA No
Bank transfer Transfer 2-5 business days 5-7 business days No
Skrill E-wallet Instantly Instantly No
Neteller E-wallet Instantly Instantly No
PayPal E-wallet Instantly Instantly No
ecoPayz Prepaid card Instantly Instantly No
Neosurf Prepaid card Instantly Instantly No
Paysafecard Prepaid card Instantly Instantly No
Trustly InstantBank Instantly Instantly 1.5%
Apple Pay Mobile app Instantly Instantly No
Bitcoin Cryptocurrency Instantly Instantly No

The different online casino payment methods

What it may be? The good old credit card, the traditional bank transfer or maybe you prefer the modern e-wallet or even cryptocurrencies? Let’s take a closer look at the most popular payment methods in Canada.

Debit and credit cards

  • Visa
    The Visa card is one of the payment methods offered in every online casino. A big advantage is that deposits are instant and direct.
  • Mastercard
    Just like the Visa credit card, the Mastercard credit card is also accepted in online casinos.
  • Maestro
    The Maestro card, also known as a debit card, is a safe and convenient payment option, especially if you don’t have a credit card.

Cryptocurrencies

  • Bitcoin
    The cryptocurrency Bitcoin is constantly gaining in popularity and popularity so numerous Bitcoin online casinos have now established themselves.
  • Ethereum
    In addition to Bitcoin, the cryptocurrency Ethereum is also becoming more well-known, so some Ethereum online casinos accept this coin as a payment method.

E-wallets

  • PayPal
    The e-wallet from PayPal is the absolute top dog among online payment methods in Canada and also offers a safe and fast way of depositing and withdrawing money at many online casinos.
  • Skrill
    The e-wallet Skrill is one of the pioneers of payment methods in iGaming. Almost all online casinos accept Skrill as a safe and fast payment option.
  • Neteller
    Just like Skrill, Neteller is one of the most popular online casino payment methods for making deposits and withdrawals particularly safe and easy.

Mobile Apps

  • Apple Pay
    Apple’s mobile payment method is becoming increasingly popular in Canada and is now also offered as a payment method at more online casinos.
  • Revolut
    Revolut is a new online payment method that you can use in more and more online casinos via an app on your smartphone.
  • Zimpler
    The modern payment service provider Zimpler enables payments via smartphone, which are also increasingly being offered in online casinos.

Bank transfer

  • Bank Wire Transfer
    All online casinos allow you to easily use good old-fashioned bank wire transfers to transfer funds into your player account.
  • Trustly
    Payments using a bank account. The high degree of protection makes this type-safe and in great demand. Unlimited replenishment of accounts in online casinos and withdrawal of winnings.

Prepaid Cards and Vouchers

  • Paysafecard
    You can top up the Paysafecard prepaid card with credit as you wish so that you can play for real money in the online casino safely and easily.
  • ecoPayz
    ecoPayz is a popular e-wallet that you can almost always find among online casino payment methods.
Payments using digital payment options such as skrill or Paysafecard are particularly secure. With them, no personal payment data is transmitted to the online casino.

Common problems with payment methods and solutions

  • I can’t find where to verify my payment methods.
    To protect players, everyone must verify their identity and payment methods. You can find the section where you can upload your documents for verification in your player account.
  • I can’t change the payment method on my account.
    To change your payment method, you can add a new payment method in your player account payment settings. Note that not all payment methods are available in all countries.
  • I can’t remove my credit card from my account.
    If you wish to remove your credit card information from your account, you can do so in your account settings if another payment method has been specified.
  • In-game deposits are not possible with my smartphone.
    Check if the mobile payment method is supported in this case. You may need to use a different form of payment.
  • I have requested a withdrawal to my card. But why is the credit still available in my player account?
    Depending on the payment method selected, withdrawals may take a few days.
  • My last deposit has not yet been credited to my player account.
    Depending on which payment method you have chosen, deposits may take a few days to be credited to your player account.
  • I can’t withdraw my winnings.
    Under certain circumstances, a payout is only possible from a certain amount or under certain conditions. It is best to check the terms and conditions and bonus provisions.
  • I can’t cancel my payout.
    Once a payout has been initiated, it can no longer be canceled. However, you can make a new deposit to reload your player account and continue playing.
  • I have not received my winnings in full.
    Check the T&Cs and Bonus Terms to see if this might be related to the regulations. Fees may have been incurred for the selected payment method for the payout.
  • Where can I find the bonus terms?
    You will find the bonus terms directly with the respective bonus offer and also in your player account.
Did you know that many online casino bonus offers require you to meet certain requirements in order to be able to cash out your winnings. Therefore, always read the bonus conditions under the offers.

Top 10 tips for choosing an online casino payment method

  1. If you travel a lot and often gamble abroad, then make sure that your chosen payment method is also supported there.
  2. Check out how fast deposits and withdrawals are made.
  3. Check any deposit limits.
  4. To avoid problems, it is best to choose the same payment method for deposits and withdrawals.
  5. Check possible fees for certain payment methods. These can be calculated by both the online casino and the payment service provider.
  6. Check if the bonus offers are tied to a specific payment method.
  7. Consider creating a payment account specifically for gaming.
  8. Make sure the casino uses an encrypted connection for transactions. You can recognize this by the green lock in the URL bar.
  9. Digital payment options are not only particularly convenient and fast, they also offer an additional level of security.
  10. You should always feel comfortable and secure with your chosen online casino payment option.
Did you know? In our online casino reviews you can see which payment methods are supported. So you can find the online casino directly with your preferred payment method.

How to deposit money and withdraw your winnings?

How to make a deposit:

  1. Log into your player account.
  2. In your account, click Deposit.
  3. Choose one of the available deposit options.
  4. Verify the chosen deposit option.
  5. And you can already load credit into your player account.

How to initiate a payout:

  1. Log into your player account.
  2. In your account, click Payout.
  3. Select one of the available withdrawal options.

Note that you do not necessarily have to cash out your funds after each gaming session, as they remain in your player account so that you can play with them directly the next time you log in.

By the way: Different tax laws apply depending on the country in which you are located. Make sure you get adequate information or professional advice as your winnings may be taxable.

Did you know? Not every deposit method can also be used for withdrawals. Check this before choosing a method to avoid problems later.

Final Thoughts about Online Casino Payment Methods

As you have read in this article, there is a wide variety of payment methods offered in online casinos. Depending on what is important to you in a payment method, you can choose the one that suits you best.

Basically, you pay out with the same means of payment with which you paid in. However, you can "register" several payment methods and then deposit and withdraw again using the same method. Limiting yourself to one or two payment methods is probably the easiest.

Consult our online casino reviews to find a trustworthy and reputable provider. We only recommend online casinos where your data is really safe.

To do this, log into your account and click on the payment settings in your player account. There you can usually remove or add payment options for the respective online casino.

There is now a wide range of payment methods available at online casinos. There is no one that is the absolute best online casino payment method as everyone has different preferences and needs. However, digital payment methods such as Skrill, Neteller, Paysafecard and the like offer a high degree of security and convenience.

Players from different countries have different preferences when it comes to payment options. For example, the Paysafecard is very popular with us, but it is unknown in other countries and is therefore not always supported. On the other hand, payment methods in online casinos such as credit cards or certain e-wallets, such as Skrill, are represented almost worldwide.

Herman Brooker
Herman Brooker
Senior editor at ca.onlinecasinopulse.com

Herman Brooker is a Senior editor at ca.onlinecasinopulse.com with a passion for online gambling. Present for many years in the world of casino games, he uses its expertise and experience to produce quality content to inform players abount news in gambling world.

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Herman Brooker Updated: January 15th, 2024