Payment Method Matchup: $1 Deposit methods in Canada
One of the benefits of playing in a $1 deposit casino is the myriad of payment options you have available. Most times, when selecting a secure casino payment method, you might only think about the ease of depositing and withdrawing. However, there are several other benefits to enjoy when you use the right payment option at an online casino in Canada.
Two of these methods that can benefit you as a punter are a Paysafecard card and Paypal. Even if you’re not in the gambling scene, these payment options are familiar. Here, we’ll explore why you should use both and what you stand to gain when depositing in a $ deposit casino.
Find out why Paysafecard is one of the best $1 payment methods
From a simple cardboard card in 2000, what was once a cash-based method of making online purchases has become much more. Now, there are several Paysafecard casinos that offer this option for transactions. You can even use a Paysafecard Mastercard and create a voucher for all payments.
Here are reasons why Paysafecard is one of the best payment methods in online casinos:
Safety and Security
If the safety of your funds is important to you, then Paysafecard casinos are the best places to play. Security is one of the reasons why punters settle for Paysafecard as the best payment method in a $1 deposit casino. The reason for this is simple – you don’t have to divulge any financial information when using this method.
Fast and Easy Payment
Depositing in any online casino should be swift, easy, and secure. With Paysafe casinos, you get these and more. You simply have to visit the cashier and enter the 16 digit code to fund your casino account.
Plus, as mentioned earlier, it has is an application that can make your payments more convenient. With this app, you can locate the nearest retailer where you can purchase vouchers.
No Service Fee
When using specific payment methods to fund an account at a gambling site, you’ll discover that they incur costs. This is common with credit cards such as Visa and MasterCard and can be frustrating over time.
With Paysafecard, you don’t have to worry about service fees. You’ll be able to see your complete card balance and make purchases for free.
The only time you’ll be charged with Paysafecard is if the card has been inactive for more than a year. On the 13th month and every month after that, a $3 fee will be charged for as long as the account is inactive.
Widely available
One of the many perks of using Paysafecard is that you’ll never worry about finding this option in an online casino. The internet is crawling with several $1 deposit casinos where this Paysafecard is a prevalent payment option. As a result, there are always Canadian gambling sites available where you can enjoy the best casino games.
Take a look at why Paypal is rapidly becoming Canada’s favorite $1 payment method
Paypal casinos are one of the easiest gambling sites to find. Paypal is one of the first alternatives to replace the traditional transaction methods effectively. This transformation has ushered in a slew of developments, particularly in online gambling.
The “electronic wallet” is used to transfer and receive money from all around the world swiftly and easily. However, here are a few more reasons why PayPal is commonly utilized for online casino payment transactions.
Secure Transactions
Security is of utmost importance when transacting in an online casino. With Paypal, gamblers no longer have to worry about how secure their financial information is when playing. Unlike bank transfer, where you need to divulge sensitive data, you only need a username and password to transact with Paypal.
True, your personal information is logged in on the Paypal platform, but the casino doesn’t see this. Such a level of privacy while dealing with online casinos makes the e-wallet an appealing option for Canadian punters.
Speedy Payments
Using PayPal to make a payment is faster than using a more traditional method, but this varies from one casino to another. Usually, a few minutes is all it takes to make a PayPal payment at an online casino. However, PayPal funds can take up to five business days to appear in your bank account.
Low Service Charges
One fantastic benefit of using Paypal is you dont have to pay a cent for depositing in a $1 deposit casino. The only time when you incur charges is when you request withdrawals. Even these charges are on a minimum level compared to other payment options in a gambling site.
Popular in Several Online Casinos
Paypal is a widespread payment option in online gambling platforms. Therefore, you’d always find a $1 deposit casino that offers PayPal as a deposit option.
Bonuses on offer when using these payment methods
Both Paysafecard and Paypal have a long list of advantages when it comes to making payments in online casinos. One of the common traits they share is security. Punters utilizing these options can rest assured that the payment is safe. After winning while playing casino games, you head to the cashier to request withdrawals. With Paypal and Paysafecard, you’re sure that your funds will get to you in a few days. These e-wallets process payment faster than some casino withdrawal methods. In the same fashion, after meeting your wagering requirements, you can claim your bonus funds via these e-wallets. Some casinos might restrict you from using other payment methods when withdrawing bonuses, but hardly will they limit both. Another perk you enjoy is the low cost of transactions when using these e-wallets. For one, Paypal lets you deposit for free and charges minor fees for withdrawals. On the other hand, Paysafecard charges no fees except your cashing out in a foreign currency.
How do these Payment methods stack up
Some several similarities and advantages trail Paysafecard and Paypal. However, when you compare both, you’ll realize that there are also distinctions between them.
The table below shows a comparison between both e-wallets:
| Paysafecard casinos | Paypal Casinos |
| Accepts cryptocurrency | Accepts exchange in cryptocurrency |
| Easy interface that includes important account data | Easy integration with other websites when making payments |
| Users always complain about hidden transaction fees | No hidden fees on all transactions |
| Rare reports of account blockage without a valid reason | The e-wallet occasionally block user accounts for no valid reason |
| No set fee structure | Charges a 2.9% fee plus $0.30 on transactions |
| Fast deposits and withdrawals in supported gambling sites | Instant casino withdrawals and deposits |
| Supports 28 currencies | Supports 25 currencies |
