When it comes to choosing a game site in Canada, you should consider a number of factors such as license, reputation as well as the payment methods. This ensures that you find a casino that not only meets your gaming needs but also banking requirements. Top operators only partner with reliable and trustworthy financial institutions.
Typically, a good casino will provide a wide variety of casino payment options to make sure that you can move funds in and out of your accounts safely and conveniently.
Genuine betting houses put the security of your personal and financial details first. As such, they incorporate the latest firewalls, anti-fraud and data encryption technologies in their networks. This way, you can rest easy knowing that your credit card information is not exposed to prying eyes.
It's important to mention that as much as online gambling establishments try to protect players, you should also play your part by registering with licensed game websites. Discussed below are the different Canadian casino payment options.
This is one of the most popular Canadian casino payment options that you'll come across. The most common brands include MasterCard, American Express and Visa. All top sites accept credit cards; however, it's always advisable to contact your casino before using this banking method. Your funds take between 2 and 3 days to clear, which is fairly quick.
This is an excellent substitute for credit cards and is also widely used across Canada. Therefore, most sites accept a wide range of debit cards including Visa Electron, Visa Debit, Switch among a few others. This method takes up to 3 days to make your funds available for use.
Bank wire is convenient for transferring large amounts of money. This entails moving money from your bank account to your casino's account and vice versa. Note that this payment method incurs a small fee. Before using a wire transfer, it's always wise to talk to your bank to ensure there aren't any restrictions.
These are the other common Canadian casino payment options offered by online operators. They provide virtual prepaid MasterCard and Visa cards. You'll also have options such as PaySafeCard and Entropay. Here, players are able to choose a suitable method depending on the availability. Additionally, they offer instant payments.
These are popular modes of payment in Canada too - E-wallets not only offer fast payouts but also do not incur additional withdrawal charges. They take a maximum of 48 hours to complete your transactions. Popular options available include Neteller, Paypal, EcoPayz, Skrill, EcoCard, Citadel, and a few others.
Today, numerous industries have adopted blockchain technology as an acceptable mode of banking - the e-gaming industry has not been left behind. Therefore, you'll also find it listed among the reliable Canadian casino payment options. Top operators accept Bitcoin and Ethereum - the exchange is instant, safe and anonymous, which is why it's gaining rapid popularity.
It's essential to mention that in order to successfully cash out your winnings, you need to go over the payments' fine print. While most of these options can be used for deposits and withdrawals, some can only be used one way.