If you ask any experienced Canadian gambler about payments in online casinos, “variety” would be the answer you’ll indeed hear. Thanks to the progress made in making gambling websites comfortable, players now have numerous banking options available. Right now, when you browse through various payment methods, you’ll see dozens of platforms embedded in gambling sites. But how to choose an appropriate one to omit commissions and fees? This guide covers this topic and explains which payment method to select while gambling.
Variety of Banking Options
It is no surprise that modern online gamblers have more options than a few years ago. You can now make deposits and request withdrawals using credit cards, e-wallets, bank transfers, prepaid cards, and even cryptocurrencies. In each of these categories, various operators exist, making a choice even harder. What’s more, not all online casinos feature all of those options concurrently. So, let’s take a closer look at some of the best payment methods for Canadians present on the best gambling sites.
Visa and Mastercard
Were there any doubts that credit cards still dominate the gambling market in Canada? All gamblers have credit cards, which can easily be used for depositing or withdrawing real money. Although the deposit limits are not that flexible, using credit cards is fast and easy. Some gambling sites now also feature specific bonuses designed for this payment method. If you’re looking for a simple and intuitive banking option, Visa and Mastercard are your choices.
Another great payment method that is growing in popularity is eCheck. Canadian gamblers can now choose an online casino eCheck deposit. What’s also great about this payment method is that it can now be used both for deposit and withdrawal transactions. If you have no experience with this banking option, LeafletCasino has a detailed guide on online casinos that accept eCheck. Take a look at it to get more details on particular gambling websites featuring this banking option.
It should also be added that an online casino with eCheck is superb regarding safety and security. Once using online casino pay with eCheck, you can be certain that your money would be claimed safely. It’s also relatively simple for beginners, so try to use it if you’re a relative gambling newcomer.
If you’re a Canadian gambler, you probably recognize that most casinos feature e-wallets. Some of the possible options include PayPal, Skrill, Neteller, and Ecopayz. Each of these operators has various commissions and fees. E-wallets also partially deanonymize users, making them safe for cautious gamblers. Yet, most e-wallets charge fees, whereas withdrawal times are usually the longest compared to other options.
Bank transfer is yet another payment method suitable for Canadian gamblers. This banking option is widely available among online casinos in Canada, featuring smooth deposit and withdrawal operations. What’s more, you can try out using bank transfer for a dicey situation when no other options are available. Its only drawback relates to the transaction speed, which might take quite long compared to other banking options. If you’re mostly interested in safety, a bank transfer is your choice.
If you’re fond of innovative technologies, the use of cryptocurrencies in an online casino is your option. Some leading Canadian gambling websites feature cryptocurrency coins for deposits and withdrawals. You might be able to use BTC, ETH, and other coins to top up your game balance. These gambling websites charge no fees, alongside featuring the best deposit/withdrawal speed. Since not all players now use cryptocurrencies, this banking option seems to be somewhat marginal. Still, if you’re fond of modern tools, giving a try to cryptocurrencies is a great idea.
With such a variety of payment methods, Canadian gamblers now have numerous options. This article covers the most widely used ones, which are also represented on gambling platforms. If you’re looking for the most speed, try to use cryptocurrencies or credit cards. In turn, players aiming for security should try bank transfer or Bitcoin. As for e-wallets and eChecks, they’re well-rounded banking methods available for Canadians. Give them a try if you want to deposit real money and start playing smoothly.