Casino Payments - Learn what methods you can use for gambling

Real money online gambling requires that you make casino payments with real money. There are several casino payment methods available and most online casinos allow you to make deposits for free.

When choosing between online casino sites, double-check that your preferred payment method is available. In addition, always check if there are any limitations.

You should always be sure that you can use your favourite payment option to make both deposits and withdrawals. There are some casinos where a certain method can be available to deposit but not to withdraw or vice-versa.

And remember to check that you are eligible to claim the casino bonus with your preferred payment method. Some limitations might apply to certain options.

Casino Payment methods – What payment methods are available for Canadian players

Like in many countries, there are several payment options available for online casino players. So it is basically up to you to choose what is your preferred method to deposit money at a real money online casino in Canada. We have all the casino deposit options listed on this page.

Below you will find more information on the commonly available payment methods. More information and available casinos for each payment are available on the dedicated payment options page.

But before choosing a suitable payment option for you, keep in mind that you need to use the same particular payment method when making a withdrawal.

In addition, some casino deposit options cannot be used for withdrawals. Meaning the payment option is for casino deposits only.

Credit and debit cards (Visa & MasterCard)

Credit and debit cards such as Visa and MasterCard offer a quick way to deposit money. Also, payouts are generally processed relatively quickly. Despite many online casinos saying that the processing may take up to 3 business days. This is true, but more often the time is shorter.

The downside of deposits made by debit and credit cards is the sometimes long processing time. And some operators don’t offer free deposits with debit cards. These might be subject to a generally around 2 percent fee.

Due to ease of use, debit cards remain still a very popular payment method. Generally, people aren’t bothered by the small fee that might be taken when making payments with them.

However, make sure to also check that the method is available for payouts as well.

Some Canadian banks may not permit withdrawals to credit cards so this isn’t always a rule set by the casino but by the credit card issuer itself.

Bank transfers (bank wire transfer)

This is the most time-consuming option. Bank transfers can generally take up to 3 business days.

This means that if you’re in a rush to hit the casino site for some gambling, a bank transfer isn’t the best option available.

E-money transfer service

Transferring money using an e-money transfer service like Interac is very popular in Canada.

It is a direct bank transfer that happens instantly. When using the Interac payment method, you need to also be able to log in to your internet banking.

Interac represents at the moment one of the most popular payment options at Canadian casinos.

Some casinos might have the Interac e-transfer for deposit only. So, always double-check whether you can use the e-transfer for withdrawals from an online casino account as well.

Deposits made via online banking are hugely popular all over the world. Deposits are easy to make and the payouts are generally fast. The only faster option really is using an e-wallet.

E-wallets

PayPal is the biggest online wallet in the world but it’s not widely available for casino players in Canada. That’s because PayPal only operates in Ontario as it’s the only fully regulated province at the moment.

Other well-known e-wallets are Skrill and Neteller, which are widely used for gambling purposes. But there are new ones available too like MuchBetter.

When it comes to transactions at a casino, e-wallets are one of the best options. Deposits are processed instantly and the casino payouts are instant. Assuming the account has already been verified unless you decide to play at a casino that does not require verification.

The downside of e-wallets is that it is quite costly to make withdrawals from them to your personal bank account and it usually takes a few days.

Alternative payment methods

Some alternative payment methods might be available at some online casinos. Some of these are SMS payments and cryptocurrencies.

Cryptos are getting more and more available at Canadian sites. However, one downside with cryptos is that the process of making a deposit doesn’t always work as smoothly as someone would hope.

Mobile payments such as Google Pay and Apple Pay are not yet widely available at the most popular online casinos.

While these methods are very convenient to use, many casino sites don’t offer them.

We try to always keep this page updated and informative for you about all these matters.

PaysafeCard and other prepaid payments are accepted at most of our casinos.

However, we don’t generally recommend these methods since you can only deposit money by using a voucher. For withdrawals, you need to contact support and arrange it separately.

In addition, you always should consider that you need to check first if you can use the payment method you choose to take advantage of the casino bonus. This is very important as there are some situations where some payment options cannot be used to claim a welcome bonus.

Best casino payment methods for account verification

Casino account verification is mandatory for all licensed online casinos. It doesn’t matter what jurisdiction they operate. All gambling sites need to be able to verify the player’s identity and location.

In addition, many gambling sites might also require additional information as well, such as the payment method details and/or source of funds. Online gambling sites are required to do so to fight against money laundering.

There isn’t much difference in what payment method you choose to use when it comes to account verification.

Perhaps, cards are easier if additional information about the payment is asked since you can just easily take a photo of the card. However, remember to blur out the important information such as the card number.

Recommended payment method: MuchBetter

The smart payment app of MuchBetter

The recommended payment method by us is MuchBetter. An e wallet that has quickly managed to gain popularity among casino players.

It is very fast and easy to open an account. The fees are somewhat moderate and when you top your MuchBetter account using a bank transfer, the top is free of charge.

You can also choose what is your preferred currency. Choosing euro over dollar might give you more options where to play. A feature that many active casino players enjoy very much.

For more information about MuchBetter and all available MuchBetter casinos, see the MuchBetter casinos Canada page.

Commonly asked about online casino payments

Casino payments – Summary

Think about the available options and choose a casino deposit option that suits your use the best. Most online casino active players choose to use an e-wallet such as MuchBetter or ecoPayz. It’s fast to use and widely accepted by most online casinos.

Since terms and conditions tend to vary from one casino to another, we always advise our players to read the general terms and instructions before playing. You don’t want to make a real money deposit and realize after the deposits that the free spins bonus was not available on your chosen method. Casino bonuses aren’t necessarily available on all the payment methods.

What generally varies between the payment methods as well, is the minimum deposit amount and the minimum withdrawal amount.

So, double check what are the general terms of the payment option you intend to use.

Casino payments – Transfer money to online casinos in Canada

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