Canada Real Money Online Casino Banking Methods
There are a lot of great payment methods available to players in Canada. Please beware though – they all have their own T&Cs, such as processing times, withdrawal limits, and so on.
We’ll go over the best Canadian casino banking methods below:
MasterCard
Mastercard is a widely accepted payment method in Canada’s online casinos. It offers secure and fast transactions, and most Canadian casinos accept it.
- Quick and easy deposits.
- Safe encryption technology.
- Casinos may charge additional fees.
- Not usually available for withdrawals.
VISA
VISA is another widely accepted debit/credit card payment method in Canada’s online casinos. It is a secure and fast option for making transactions.
- Quick and easy deposits.
- Safe encryption technology.
- Casinos may charge additional fees.
- Not usually available for withdrawals.
Neteller
Neteller is a popular e-wallet that allows you to make deposits and withdrawals at Canadian online casinos. It acts as a third-party that connects your bank account to online services.
- Available for deposits and withdrawals.
- Safe encryption technology.
- Fast payouts.
- Does not incur additional charges.
- Casinos may place restrictions on how much you can withdraw at a single time.
Skrill
Skrill can also be used to make deposits and withdrawals at online casinos in Canada. Like Neteller, it is a third-party e-wallet that bridges your bank account to online services and products.
- Available for deposits and withdrawals.
- Safe encryption technology.
- Does not incur additional charges.
- Potentially long processing times.
- Casinos may place restrictions on withdrawals.
EcoPayz
EcoPayz is another safe and convenient e-wallet accepted by some casinos in Canada. After you create a wallet, you’ll be able to connect it to your casino account.
- Available for deposits and withdrawals.
- Safe encryption technology.
- Does not incur additional fees.
- Potentially long processing times.
- Casinos may place restrictions on withdrawals.
Interac
Interac is an online money transfer service that allows Canadians to securely pay for goods and services online. It is accepted at most Canadian banks, making it a convenient payment method for Canadians who want to play at online casinos.
- Quick and easy deposits.
- Does not incur additional fees.
- Enhanced security measures (data encryption & two-factor authentication).
- Potentially long processing times.
- Certain banks may not let you transfer cash to casinos.
- Casinos may place restrictions on withdrawals.
InstaDebit
InstaDebit is an online payment service you can use to connect your bank account to your online casino.
- Quick and easy deposits.
- Does not incur additional fees.
- Enhanced security measures.
- Potentially longer processing times.
- Certain banks may not let you transfer cash to casinos.
- Casinos may place restrictions on withdrawals.
Neosurf
Neosurf is a prepaid card that you can use to make deposits at online casinos. This card is ideal for anyone looking to play anonymously.
- Quick and easy deposits.
- Safe encryption technology.
- Does not incur additional fees.
- Allows you to play anonymously.
- Unavailable for withdrawals.
- Casinos may place restrictions on deposits.
Astropay
Astropay is a prepaid card accepted by certain online gambling sites in Canada. By pre-purchasing a card and loading funds to it, you will be able to make deposits and withdrawals.
- Available for deposits and withdrawals.
- Safe encryption technology.
- Fast payouts.
- Requires more effort to set up.
- Casinos may charge additional fees.
- Casinos may place restrictions on withdrawals.
PaySafeCard
PaySafeCard is another popular prepaid card service available for Canadian players. It is one of the best payment methods for Canadians.
- Quick and easy deposits.
- Safe encryption technology.
- Does not incur additional fees.
- Allows you to play anonymously.
- Unavailable for withdrawals.
- Casinos may place restrictions on deposits.
Bank Wire Transfer
Many Canadian online casinos allow you to transfer funds directly from your bank account to your casino account using a wire transfer.
- Safe encryption technology.
- Available for deposits and withdrawals.
- Potentially longer processing times.
- May incur additional fees.
- Requires you to enter personal information.
Bitcoin
Bitcoin is the world’s most popular cryptocurrency. Many Canadian online casinos accept Bitcoin, and some even allow you to wager directly in Bitcoin without having to create an account!
- Safe encryption technology.
- Allows you to play anonymously.
- Quick and easy deposits and withdrawals.
- The value of Bitcoin is volatile and incurs risk.
- Not available at many online casinos.
Bitcoin Cash
Bitcoin Cash is an innovation in Bitcoin that allows for faster transactions and lower transaction fees. It is considered separate from Bitcoin, though based on similar principles.
- Faster deposits and withdrawals.
- Allows you to play anonymously.
- The value of Bitcoin cash is volatile and incurs risk.
- Not available at many online casinos.
- Greater security concerns than Bitcoin.
Ethereum
Ethereum is another popular cryptocurrency accepted by many online casinos in Canada. To use it, you are first required to purchase Ethereum at a crypto exchange.
- Safe encryption technology.
- Quick and easy deposits and withdrawals.
- Allows you to play anonymously.
- The value of Ethereum is volatile and incurs risk.
- Not available at many online casinos.
Litecoin
Litecoin is a type of cryptocurrency that was created in 2011. It works in a similar way to other digital currencies, allowing users to send and receive payments without revealing any personal information.
- Safe encryption technology.
- Quick and easy deposits and withdrawals.
- Allows you to play anonymously.
- The value of Litecoin is volatile and incurs risk.
- Not available at many online casinos.
Key Takeaways
- If you want to play anonymously in Canada we recommend you use either a prepaid card or cryptocurrency.
- You need to verify how you are going to make deposits and withdrawals before you join a casino. (Some payment methods only allow for one of these).
- Casinos only host several payment methods. We recommend you read our in-depth reviews for more information about any particular casino.