Online casinos attract many more Canadian players than their brick-and-mortar counterparts. This is primarily because of the comfort and convenience that they provide. When it comes to playing casino games and betting on sports online, you can do it whenever you feel like it, as long as you have a reliable mobile or desktop device and a stable connection.
Whether you’ve already indulged in this activity or are someone who wants to try it, you must know the importance of choosing a safe payment method. Naturally, all legitimate and licensed casinos in Canada support secure payment gateways, but the payment methods they offer don’t have the same safety measures.
Because of that, it is important to consider different payment methods that guarantee safety and reliability. With such a large number of options available, it’s getting harder to choose the most suitable one. That’s why we decided to write this detailed guide to the best payment methods for Canadian Players.
Traditional methods
One of the most popular choices among casino players from Canada is using credit and debit cards such as Visa and MasterCard. These payment cards allow instant deposits and secure transactions.
Since the vast majority of adults across the globe possess a debit or credit card from one of the two aforementioned brands, they’ve remained widespread at online casinos despite not being very modern solutions anymore.
For instance, one of the things that makes them a less attractive choice for players is their withdrawal speed, as transactions might take up to a week to complete. For instance, this is much slower in comparison with e-wallet and cryptocurrency withdrawals, which are often instantaneous. On the plus side, debit cards are well-known for their security, wide acceptance, and ease of use.
Besides debit and credit cards, a traditional payment method that is available at most online casinos is a bank wire transfer. This option allows players to transfer funds directly from their bank account to the online casino account. While this is a reliable payment method, it’s also very slow by today’s standards.
Gigadat
Gigadat is a popular and reliable option because it has a long history and good reputation in Canada, which spans more than three decades. As for Gigadat casinos, they are known for their strong security protocols and straightforward transaction processes.
But since Gigadat operates under its subsidiaries Interac e-Transfer and Interac Online, which together form the Interac2Pay solution, many Canadian players aren’t even aware that they’ve been using the company’s services to make deposits and withdraw money from their online casino accounts.
Apple Pay and Google Pay
Apple Pay and Google Pay are mobile payment options that allow players to make transactions through their smartphones and tablets. Since it’s nearly impossible to find a casino that’s not mobile-friendly these days, it’s not surprising that mobile wallets and payment apps are accepted by many Canadian casinos and sports betting platforms.
Both Apple Pay and Google Pay handle transactions quickly and protect them with various security measures. They also allow you to easily make payments to online casinos without the need to enter bank information.
E-wallets
In our opinion, digital or e-wallets are also a great choice for those seeking the safest casino payment methods. This is mostly due to their convenience and the added layer of security they provide, along with other perks they have. Platforms like PayPal, Skrill, and Neteller provide you with the possibility to make transactions without revealing your banking details.
When it comes to some newer options that haven’t managed to become as popular as PayPal, Skrill, and Neteller (at least for now), Mifinity and MuchBetter stand out the most. These are reliable and secure e-wallets that are becoming more and more common. They also guarantee rapid and secure transactions and provide various safety features.
Prepaid Cards and Vouchers
This method is especially attractive to those who want additional security and anonymity when making payments. This is because prepaid cards and vouchers are not bought directly at the casino where they play, but somewhere else.
These places can be gas stations, supermarkets, and newsagents. Even more conveniently, you can also purchase them online. When paying with them at online casinos, you won’t need to enter any personal information when making a transaction. However, these methods are primarily used for deposits.
Paysafecard is the most popular prepaid payment method on online casino sites. This is a prepaid card that allows players to make anonymous transactions without having to share personal or financial information. Paysafecard is readily available and can be purchased at many retail locations across Canada.
Moreover, Flexepin is another safe prepaid payment method that you can use at many Canadian casinos. It is also a prepaid card that allows players to make anonymous transactions. Although Flexepin is still less common than Paysafecard, you will notice that the number of Flexepin casinos is growing.
