Casino Payment Methods
If you are looking to play for real money wins at online casinos in Canada, then you will need to find your preferred payment method to put money into your account. The great news is that you are now spoilt for choice in terms of payment provider options. So, as such, you’re pretty much guaranteed to find something that suits you from the ever-growing list of online casino payment methods.
What’s more, the best online gambling operator will offer you all the information you need to know about every option that they have available for you. It’s worth noting that, after the April 2022 launch of Ontario online casinos, these Canadian operators are required to follow stringent regulations regarding the payment options they offer.
Last Updated: May 4, 2023
Our Top Recommended Payment Options
Here are the very best casino payment methods available at online gambling sites
- Visa/Visa Electron
- MasterCard / Maestro
- Skrill (Moneybookers)
How We Choose Our Top Casino Payment Methods
As you can see, there are all sorts of casino deposit options available at all the top leading online casino sites. Our group of experts look at the variety available, the pros and cons attached to each of these deposit methods and decide which are the best ones out there. Obviously, we understand that you may be restricted by your circumstances or your region – as not all payment methods are accepted globally. However, our attention is on whether or not there are any fees attached to the payment method, how easy it is to register and whether it offers quick withdrawals.
The Top 4 Payment Providers for Online Casinos In Canada
Here are the top 4 casino deposit methods for Canadian players:
Debit And Credit Cards
The most popular method for making online casino deposits is via credit and debit cards. After all, practically every adult in Canada and beyond has access to a bank card of some description. So, it is convenient and also very secure. Generally, you need to register your cards by entering the long number, and then entering the expiry date and the 3-digit security code on the back. These details are then encrypted by the casino so that no one will be able to access these details.
You might choose to make deposits into your preferred Canadian online casinos with your credit card. These normally have no transaction fees and the only time you need to change or update these details is if you happen to receive a replacement card for whatever reason. This is one of the most popular ways to pay – whether Visa Credit or debit as most people have access to these options. It offers instant deposits and is also relatively quick for withdrawals.
MasterCard / Maestro:
Probably the next most popular method is MasterCard credit or MasterCard debit cards. Under the same banner, we have Maestro payments, which is owned by MasterCard, although these are always debit card options. Again, these are secure, quick and normally without fees, depending on the casino.
Online Casino eWallets And Prepaid Cards
Although there may be a few casino players that haven’t yet come across the ‘eWallet’ payment option, and they might not fully understand the concept of how a prepaid card works, these are becoming more popular options now, especially amongst the younger players. There are now a number of different eWallet options available.
PayPal is an excellent way of making online casino deposits – as long as you have opened a PayPal account and have linked a bank card or your bank account details. This is an excellent way to transfer money on and out of your online casino account. Not only are the deposits instant, but the withdrawals are also very quick. If you’re looking for the fastest payout casinos in Canada, we suggest using PayPal casinos as the way to go.
There are some people who like to use Paysafecard because, as the name suggests, this is an incredibly safe and secure deposit method. Casino players can make use of these prepaid cards by entering a 16-digit PIN code. As such, by using this method of payment, a player can feel confident that their money is totally secure. This method also means that you can’t go overdrawn or spend more than you want. You have better control over your money. However, you cannot withdraw using Paysafecard and will need to attach your bank account.
Another very popular eWallet payment method is Skrill, which is owned and operated by the Paysafe Group. This card works in the same way as other eWallet methods – you load up your eWallet and then pay into your account that way. You can then make secure online casino transactions without attaching your bank account directly.
Alongside Skrill, Neteller is one of the most popular eWallet payment options – again, a part of the Paysafe Group. This e-money transfer service has built up a reputation for being simple to use. Moreover, money from your account can be withdrawn quickly and easily. You can either do so directly into your account or use your Net+ card.
Another secure online payment service is EcoPayz, which is also growing in popularity in recent years. Customers of this service can enjoy the benefit of having an ecoAccount, which allows you to send, receive and spend money all through one secure transaction point.
A more commonly used payment option in Canada is MuchBetter which has been fully optimized for online gambling. Everything is done via the app and registering is simple. The reason it attracts a lot of attention is that it is easy and convenient and is both safe and secure with minimum fees attached. There is also a Rewards Program for members where they can enjoy offers such as trips and bonuses in their weekly and monthly draws. It accepts a variety of currencies including CAD.
It is now accepted at numerous betting sites in Canada and across the world. If you have registered at any of these sites and have downloaded the MuchBetter App then you will receive notifications here there are new bonuses and promotions. There are numerous benefits to this payment option including faster transactions, low fees, higher deposits and rewards.
Another very popular payment method for Canadians is Interac. Interac is a secure eWallet to use for online payments, from shopping to playing online casino games. This payment method let you very easily transfer money straight from your bank account to pay anything online without sharing any sensitive data. If you have been doing some online shopping you might be familiar with this payment option already.
Read more about interac and the best interac casinos in Canada.
If you can’t or don’t want to use bank cards, eWallets or prepaid cards, then another option is making a bank wire transfer. Bank transfers are completed by entering your bank sort code and bank account number. You then nominate your required deposit and make your casino. This is one of the few banking methods available at all top online casinos.
Bank Wire Transfers
Bank wire can be used as a bit of a last resort when it comes to depositing money into your casino account. However, if you have your bank details to hand and don’t mind waiting a bit longer for your casino withdrawal to hit your bank account, it’s a fairly robust option.
Instant Bank Transfer
Instant banking is a very popular method. This method allows players to move their funds directly from their bank account straight into the casino account. However, despite the name, this isn’t always instant and you may have to wait a little for the funds to clear before you can start playing your favorite games.
iDebit is a very convenient way of making an online casino payment as you are not required to set up an iDebit account to start with. You simply head into the casino site of your choice and they will process your transaction immediately. However, if you opt to withdraw using iDebit then you will need to create a new iDebit account in order to get the winnings back into your Canadian bank account.
Making an iDebit deposit is simple. Choose your online casino and choose iDebit as your preferred payment method. Enter your banking log-in information and verify the transaction. The funds are then automatically transferred into your online casino account.
Unlike eWallets, InstaDebit doesn’t let you transfer money from your bank account into your InstaDeit account. It simply acts as an intermediary between your bank account and casino account, making the payment process even easier.
This means that you can make a deposit from your bank account to your casino without having to enter any of your personal and sensitive banking information. This is very much a Canadian oriented payment method and is very popular for Canadian gamblers. Before you start, you will need to register a new account on the InstaDebit website. Once you have done this, you simply need to find an online casino that accepts InstaDebit and choose this option as your preferred payment method. A window for your InstaDebit login details will then pop up. You need to enter how much you want to transfer and confirm the amount. In just a few moments, the money will be transferred into your online gambling account.
Unlike some payment options, this works both ways, so you can make both deposits and withdrawals with this method. There are also no hidden or exorbitant fees attached to your transactions as it simply acts as an intermediary between your bank and casino account.
Trustly allows casino players to deposit into their account directly from their banking account, with transactions being instant. Payments are processed in a highly secure environment using the same credentials as you would for your regular online banking account. The familiarity makes it both easy and convenient. What’s more, you don’t even need to go through any extra registration processes to use this deposit method. The funds will be debited from the customer account and you can access your transaction history and payment details from your bank statements.
To use it, simply select your bank account and log in with your details. You then review your payment details and confirm the transfer using a special payment code received via SMS.
Pay By Phone Bill
We know that there are lots of players out there who enjoy playing casino games on mobile – so, it is natural that players can now start paying through their mobile as well. Pay by Phone deposits usually involve players making their deposits through their mobile network provider. They then add that same amount to your phone bill which you will pay at the end of the month.
Now, Boku online casino deposit methods are becoming more widely available. This is an innovative and convenient method of allowing a customer to transfer money into their online casino account using their mobile phone. The mobile provider will then approve the money they choose to deposit and it will then be added to the phone bill.
As well as Boku, another good mobile phone payment option is Payforit, which is available on selected mobile networks. You can, just as with Boku, take money from your mobile phone credit and then it will be added to your monthly bill. If you have Pay as You Go, the money will be deducted from your current balance.
Another pay by phone option for making online casino deposits is Zimpler, which is now available in numerous online casinos. A player you’d simply be required to enter their mobile number on the website. They will then receive a unique code and you can use this code to make a deposit into your account.
Again, remember, with pay by phone, this is for deposits only and not withdrawals.
Alternative Casino Payment Methods 2023
If all of the payment methods we have mentioned above still aren’t quite what you are looking for, then here are some newer types of payment options that are becoming available at online casinos in 2023.
Bitcoin Casino And Cryptocurrency Casino Payments
Cryptocurrency – such as Bitcoin, is a very modern way to make online casino deposits into your account. This is a viable option – but only if you know what you are doing with cryptos. There are only a few operators that will currently accept Bitcoin payments right now. However, there are special casinos designed for players specifically looking to play with cryptos.
Revolut Online Casino Deposits
Revolut is another reasonably new form of payment, and it allows users to be able to smoothly move their funds from their Revolut account into their online casino account with no charges being incurred.
In order to use this payment option, the customer would need to have opened a Revolut payment account in order to use this process. Nowadays, it is becoming a lot more widely accepted by online operators. This is an excellent way to make payments as it’s easy to manage.
Klarna is a Swedish bank that has been around since 2005 and this is becoming a lot more widely available online – not just in online casinos, but also in online shops etc. This is considered to be a massive virtual bank that operates within the EU and it allows players to make deposits without sharing their bank information with anyone.
You are offered three different ways in which you can make Klarna payments. You can choose ‘pay now’, ‘pay later’ or ‘slice it’, and it all depends on the way you want to fund your casino account. It is likely that given ongoing regulations, the ‘pay later’ option may be minimized and that most casino operators will insist on the ‘pay now’ option being used. One of the casinos that offers this payment method is Slotnite.
Google Pay Payment Option
Most people are familiar with Google products. If you have a Google phone or Google tablet then you can download Google Pay. This gives you a straightforward and easy way of making an online casino deposit.
In order to make a deposit into your account using this method then you will need to have your Google Pay account linked to an active bank card in your name. If you have more than one card registered, then you can choose which one you want to use to make your payment with – and which one you want to withdraw with.
Apple Pay Casino Payment Method
This works in a similar way to Google Pay – but is available to customers that have an iOS Apple phone or tablet.
Safe and Legal Casino Payment Methods
Every single casino we recommend offers safe and legal casino payments, regulated by top regulatory industry bodies, so you can rest assured your money is always completely safe as soon as you deposit to the moment you withdraw.
How do you deposit money at a casino?+
– Choose a casino in our list above.
– Register an account by following the easy steps.
– Choose the bonus you would like to claim
– Make a deposit by choosing preferred payment method and fill in payment details.
Depending on payment method used, you deposit should arrive within short time in your casino account.
Can I make a deposit with PayPal at any casino?+
Most online casinos in Canada offer PayPal as a payment method. By checking our list of best casinos above, you can see who offers paypal or not.