Payment-systems in Canadian Online Casino
Playing online casinos is viewed differently by different people. Now, the fact remains that the game arrived as a leisure tool right from its origin. However, even in those olden days, it moved into something involving huge sums of money as stakes and wagers. The trend was also carried over to the present-day online casinos. So, you will have people that will see the online casinos as something to chill with after a hectic day and enjoy without any monetary attachment. Some others will see it as a full-time business that must be delved into with profit-making as a goal.
Because of the later, casino payment systems become a very huge aspect of the entire process. Of course, you must deposit money to play with and withdraw the ones you win after playing casino games. So, there are many payment systems available for players in Canada, but we will be looking at the safe casino payment methods.
Talking about the most popular online casino payment methods at the moment, you have to look towards the ones that offer ease of use and hitch-free service. They are as follows;
- Visa is known to offer easy and quick payments.
- MasterCard may yet be the easiest method and it has the wildest reach.
- Visa credit and debit offers you instant banking in many internet casinos in Canada.
- Skrill is another popular payment method and it’s one of the simplest e-wallets to use.
- Instadebit is another popular withdrawal and deposit method.
- E-check banking method also works in Canada.
- PayPal is another one you will see many people using.
- Paysafecard is also as popular as others in the country.
- There are also the Amex, Maestro, Neteller, Idebit, Entropay, Citadel, Ecopayz and Neosulf
- Prepaid cards are also among the popular payment methods casino here.
- Wire transfer has also proven to be one of the most used payment methods Canadian casino.
- There are also the crypto currencies like Bitcoin and others.
Local Payment Systems
In Canada, not all safe casino payment methods are the best for gamblers. Some are better than the others, and that is why we are focusing on the best 4 here.
Skrill (Moneybookers)
This stands among the best of the safe casino payment methods in Canada. This e-wallet was acquired by paysafecard around 2015. Due to the fact that you climb as you use it, and because it offers a lot of benefits, Canadians prefer it. Its charges are very low and become insignificant as your position coms up through the tiered service.
Instadebit
This stands as the second best payment methods casino Canada. It works like PayPal as you pay directly from your bank account. It offers a very easy and user friendly set up and pays money into your bank account immediately you register it. It charges a very small fee of about C$1.95 for payments from your bank account and no charges for sending money that is already in it or for receiving money.
Paysafecard
This is the third among the best payment methods Canadian casino. It bought over a lot of other payment methods recently and 22,000 retail outlets in Canada offer paysafecard payments. You buy the reloaded card and use the pin to make payments into your casino account. This is very quick and fast, and it pays like a debit card.
Visa Debit
This is another name when you consider the best methods for casino payments in Canada. You can use it worldwide. It has a special interac network though which it works in Canada, and many people embrace it because of its reputation across the world.
Pros and Cons of Different Payment Systems
The casino payment systems you can use in Canada are many, and they come with different services. They come with some pros and cons to be considered before you choose any of them, and we have laid them down here.
- MasterCard is very secure and convenient, fast and reliable. But you have to share your personal details, and it is not allowed for withdrawals in many casinos.
- Visa offers a very fast service and is convenient, reliable and secure. It is also accepted by almost all casinos. But you have to share your personal details online.
- Maestro comes as a fast, reliable and secure payment method for only the funds in your account. But it doesn’t guarantee safety, as your personal details must be shared, and it is not accepted by all.
- Neteller is safe, fast, reliable and popular, and almost every casino accepts it for both deposits and withdrawals. It does not involve sharing of players’ info. But you must have a Neteller account to use it, and many bonuses from casinos are denied Neteller users.
- Skrill/Moneybookers offers fast, safe, reliable and secure payments. But you must have a Skrill account, and they normally fail in their customer support.
- PayPal is fast and secure, could be relied on for convenient payments, and does not reveal your personal info to the casino. But the fees are very high, and you must have an account to use it.
- Checks are 100% secure and involves direct transaction between casino and your bank. But it takes too much time to clear, and you can only wager when the money arrives.
- Bank wire is also safe and reliable. But it also takes time, and you can wager until you have the money in your account.
Cryptocurrency Payment Systems
Crypto currencies are completely safe, decentralized, anonymous, and for instant withdrawals. But it has withdrawal limits and a few people use it. They are currently the inn thing in online payments, and many casinos are embracing them. They charge no fees, and their security is top notch.