Is there one Casino Payment Method to rule them all?

Online casinos have vastly expanded their funding options in recent years. Aside from credit or debit cards, there are a variety of web wallets, pre-paid cards and bank transfer methods available to you. With the growth of cryptocurrency, the options have expanded even more, but how does impact on you? Aside from additional choices, each of these payment methods offers different advantages as well as disadvantages. Considering all the factors, is there one deposit method that beats all the others? We analysed some of the more popular options to find out.

Why choose Paysafecard

Paysafecard is the most well-known pre-paid card option that you can use to fund your casino account. It is the easiest method to use, especially if you do not have a credit or debit card, or don’t wish to use them. All you need to do is buy a card pre-loaded the amount that you wish to spend and use the 16-digit number on your card to transfer the funds to your casino account. Because this card is not connected to your bank account or bank cards, it offers a high degree of security.

Deposit Methods

Paysafecard is essentially a voucher, which means that instead of depositing funds into the card, you buy a card that is a pre-loaded card with the value you wish to play. You can buy Paysafecards at any number of approved land-based outlets or you can buy them online. To buy an online card, create your account at an approved online vendor, select the value that you wish to buy and pay the vendor using one of the available payment methods. You will receive your PIN and can use that to fund your casino account.

Withdrawal

One of the main disadvantages of using Paysafecard is that you can’t use this payment method to make a withdrawal. Because most casinos insist that you use the same banking method to withdraw funds from your casino account as you used when making a deposit, you may need to use a different banking option to make a second deposit before you can withdraw any funds. The best time to use Paysafecard is if you wish to try a new casino but wish to withhold banking information until you have built some trust with the casino.

Play Using Bitcoin

A few years ago, Bitcoin was virtually unknown, but now the pool of casinos that support this cryptocurrency option is widening rapidly. There are several advantages to using Bitcoin to play casino games. It offers fee-free transactions, online privacy, as well as instant deposits and withdrawals, so you don’t have the long delays associated with traditional banking processes. Bitcoin is also a convenient payment option, especially if you are playing in a different currency to your own. When you make a Bitcoin casino deposit, it will be converted into the currency you select.

Deposit Methods

The simplest way to get started with Bitcoin is to set up your Bitcoin wallet. Several online companies offer these, and they provide a way of storing your Bitcoins. You may need to provide personal and banking details to set up your wallet. Once your wallet is set up, you can buy fractions of Bitcoins (or whole ones if you really want to splurge). When you are ready to make a deposit into your casino account, simply follow the prompts for depositing in Bitcoin. Please note, though, that some casinos will disable bonuses if you deposit in Bitcoin.

Withdrawal

Before you use Bitcoin to make a deposit, it is worth checking first if the casino will allow you to use this method to make a withdrawal. Most casinos will allow it, but some do not. When you want to withdraw your winnings, simply choose Bitcoin as your withdrawal method, and give the casino your public Bitcoin wallet number so it knows where to send your funds. The better crypto casinos will offer you instant deposits and withdrawals, and will not place an upper limit on either, so Bitcoin actually gives you a lot more flexibility than any other payment option.

The benefits of using Interac

Interac allows you to make a deposit into your casino account directly from your bank, without sharing your banking details with the casino. Only available in Canada, this payment system links a network of banks across Canada, and along with other services, gives players a safe way to make banking transactions online. Known as an extremely safe payment option, Interac transactions are also cost-effective and fast.

Deposit Methods

Because Interac is essentially a network that links multiple banks across Canada, you do not need to create an account or fund it in order to use it. You simply need an account at an Interac-linked bank and you need to be playing at a casino that supports Interac. When you need to make a deposit, simply select Interact and when the merchant gateway opens, select your bank from the list. This way, you will be able to transfer funds from your bank to your casino account with Interact as the privacy buffer zone between the two accounts.

Withdrawal

Making a withdrawal from your casino account can take a little longer than the deposit, but the process is equally simple. When you want to cash in your winnings, indicate the amount you want to want to withdraw, select Interac as your payment option and follow the prompts. Depending on the combination of casino processing time and bank processing time, you could wait around 3 to 5 days for your funds to reach your account. Some casinos may offer Interac as a deposit option but will exclude it from the withdrawal options, so it is worth checking the banking section when choosing a casino.

This is why you should try Trustly

Since 2016, Trustly has helped gamblers to make faster, simpler, and safer payments to participating in online casinos. Trustly is similar to Interac in that it allows players across Europe to perform online transactions from their own bank accounts without sharing their banking details. Trustly is linked to a huge network of banks across Europe and any account holder can use their own bank accounts to shop or play online if the merchant or casino supports the payment method.

Deposit Methods

This payment method offers an easy way to make a deposit into your casino account using your own banking details, and you do not have to create a separate Trustly account and fund it as you would a traditional web wallet. Trustly basically uses your banking details to perform the transaction for you, so the casino never sees your details.

Withdrawal

Making a withdrawal through Trustly is as easy as making your deposit and follows a similar process. Simply select the option, and select your country and bank when prompted, and follow the steps to complete the transaction. It can take 3 to 5 working days to process your withdrawal.

Payment Options Frequently Asked Questions

Canadians Only! Fast Payouts Without Needing Interac at PowerPlay

PowerPlay Casino is owned and operated by Deck Entertainment B.V. and is fully licensed by the Government of Curaçao to provide real-money gambling to Canadian players at CA$ Casinos. This sleek and stylish online casino offers a user-friendly interface and an enticing selection of casino games for players across the world.

As a responsible gaming operator, PowerPlay Casino is only offered to players over the age of 18 and for gamers who feel they might have a gambling problem, self-exclusion and other ways to control gambling is promoted. PowerPlay Casino has been offering an online gambling service since 2018 via PC, Mac, iOS, and Android platforms. There are over 150 top titles and as more are added, PowerPlay keeps raising the bar with a growing selection of prominent high-quality casino games. Included in the games catalogue is a fine selection of slots, card games, table games and a Live Dealer casino.

Innovation is always high on the agenda at PowerPlay and to this end, the casino offers a series of customized bonuses and promotions, friendly customer support and rewarding VIP deals. Making your deposit at PowerPlay as well as at our other CA$ Casinos is made easy with a large variety of casino payment options that include Ecopayz, Interac, eWallet providers, Visa and Mastercard. In fact, at our Interac Visa casinos and Mastercard casinos, you will always find a convenient and fast way to make your online deposits and withdraw your winnings.

With their slogan of Raise Your Game, PowerPlay Casino offers everything that makes online gaming fun and exciting. Read our article and find out more about PowerPlay Casino, one of our recommended top fast payout casinos.

Ultra-Fast Withdrawals

When you are ready to withdraw your winnings, have a look at the banking options listed under the payment options tab. You can choose from a variety of banking methods that will facilitate ultra-fast withdrawals.

Withdraw your winnings with Interac Online, a secure and easy-to-use online payment option that allows super-fast withdrawals. Although Interac Casinos promise a 0-4 hour waiting period, usually withdrawals are processed within the hour. By using Interac eTransfer, players can move their money very similarly to eCheck, the money is not transferred by e-mail, only the instructions to retrieve the funds are. Much like Interac Online, Interac eTransfer also offers fast withdrawals.

Other payment methods include tried and tested credit and debit cards Visa and Mastercard, EcoPayz, a prepaid card and Vanilla, a simple banking method without any frills, bells and whistles. All the banking methods at PowerPlay Casino offer fast withdrawals and with most payment providers, Canadian players can enjoy their wins within 4 hours.

The minimum withdrawal amount in most cases is CA$10 except for Vanilla that has a CA$20 minimum withdrawal limit.

Fast Payout Payment Methods at PowerPlay

When it comes to online casino gambling, players not only want to enjoy a huge selection of slots and table games but also need to know that they can have their winnings paid back to them as fast as possible. Same day payout casinos began as more and more players expressed their disappointment at long-winded withdrawals and PowerPlay Casino, players can enjoy the benefits of fast deposits and withdrawals.

Thankfully, nowadays almost all online casino operators do their very best to pay you on the day you want your money and PowerPlay Casino is no exception. With a sensible selection of banking providers that includes Visa, Mastercard, Ecopayz, Vanilla and Interac, players can be assured that PowerPlay facilitates all deposits and withdrawals in the fastest way possible, and with no extra fees to have to worry about.

Payment Speed versus Banking Method

If you regularly play your favourite online casino games, you will be aware that the speed of your withdrawal depends largely on the banking method you use. Some casino banking providers such as eWallets will transfer cash instantly while others like bank transfers, can take several days for the money to reach your bank account. At PowerPlay Casino, players are assured of very fast deposits and payout times. Some banking methods are instant while for other methods like Visa and Mastercard, players will have to wait just a couple of hours.

Visa

One of the most popular ways to fund your casino account and withdraw your winnings, Visa casinos offer the largest banking provider for real money casino gaming. The process for using Visa is straightforward and offers secure, easy, and convenient banking. To use Visa at PowerPlay Casino, select this option at the cashier and follow the prompts. When you are asked to enter the amount, you wish to deposit or withdraw, input the amount and wait a few minutes for the transaction to be processed.

At Visa casinos like PowerPlay, players are not only able to instantly pay for their slots, Roulette, Baccarat, Poker and other casino games, but can also enjoy fast withdrawals. When depositing with your Visa card, your funds will reflect immediately while for withdrawals, expect the money to be back in your bank account within3-5 days. This is not the fastest way to get your winnings and there are faster banking methods, but Visa offers one of the most secure and uncomplicated ways to move money online. Visa uses top of the range firewalls and SSL encryption technology, making it virtually impossible for hackers to get their hands on your casino wins.

PowerPlay Casino offers free transactions with Visa and the minimum deposit and withdrawal are CA$10 while the maximum is CA$70,00.

Mastercard

Mastercard casinos have offered a reliable and trusted payment method for many years now, in fact ever since the internet became available. PowerPlay Casino makes Mastercard available for their players as it is the easiest and fastest way to move money online. The ease and speed of Mastercard are what makes it one of the most used payment options and the convenience factor adds to the attraction. Another benefit of using Mastercard is that it is widely accepted and easily available at most online casinos. Although there are many banking providers on offer at PowerPlay Casino, Mastercard offers one of the most reliable casino banking methods.

Established in 1966, Mastercard has been around for a long time and can be trusted. At PowerPlay Casino, using Mastercard to deposit and withdraw is free from fees, but that’s not to say that Mastercard won’t charge you a small processing fee, but it will always be minimal. With Mastercard, the minimum you can deposit and withdraw is CA$10, the maximum is CA$75,000 and although withdrawing your fund can take a couple of days, all Mastercard transactions are completed within a few hours.

EcoPayz

The most appealing part of playing at EcoPayz casinos is that they offer a safe and secure way to transfer funds and there is no risk of personal and financial information falling into the hands of fraudsters. This is because that information is only privy to EcoPayZ, the company that owns EcoPayz, and all the information is stored using both SSL or TLS protocols. The player’s information isn’t shared with the casino and every transaction made is anonymous. Besides the anonymity and security benefits, using Ecopayz at PowerPlay Casino offers some other advantages like free and easy transactions and instant withdrawals. The minimum deposit you can make with Ecopayz is CA$10 and the maximum is CA$1,500.

Vanilla

Vanilla suits online players that enjoy nothing more than making a simple, easy and fast deposit and withdrawal transactions. Although all the banking methods available at PowerPlay Casino offer secure transactions, some players that enjoy their favourite slots and table games at free wifi spots can be at risk with unsecured internet connections. However, with Vanilla there is no risk of this at all. Vanilla offers a prepaid card with pre-installed amounts of cash that facilitate your deposits and withdrawals and the balance on the card can never be overrun.

The Vanilla prepaid card was launched by Mastercard in 2004 and came about as the popularity of internet gambling increased exponentially. In some countries, players were not able to use mainstream credit card companies, such as Visa and Mastercard, because of legal restrictions. To counteract this problem, Mastercard and Visa both launched the Vanilla payment-system which offers immediate online casino transfers.

Vanilla offers pure simplicity. There are four pre-paid values, CA$25, CA$50, CA$100 and CA$200. As Vanilla is not linked to a bank account in any way, this leaves room for anonymity and total freedom, without the worry of submitting sensitive information data to an online casino site. Vanilla also gets around the issue that many players face, which is that not all debit and credit cards are accepted at every casino. As well as being straightforward to use, Vanilla cards can very quickly and simply be transferred to any casino account. At PowerPlay Casino, using Vanilla for your deposits carries a cost of CA$3.95 and a cost of CA$2 for withdrawals. The minimum deposit with Vanilla is CA$20 and the maximum is CA$5,000.

Will Social Registration be better than Interac for Canadian Players

Most online casino players do not want to wait days to get their winnings and often choose one of the casino payment options that allow for faster withdrawals. For many years, the standard has been an average of 3 – 5 days and in some cases, even longer, but today more and more online casinos are turning to instant pay banking methods for faster withdrawals. Interac casinos offer interesting ways to move your cash quickly and this includes linking your social media account to your casino account. Interac is also a top choice when making a CA$5 minimum deposit as it allows for smaller deposits and consequently more affordable online gaming.

Interac casinos are a popular online casino banking choice as the financial provider is well known in Canada for having a range of advantages like quick deposits and withdrawals and extra security. Founded in 1984, Interac is a household name for most Canadian online gamblers. It allows users to transfer money from their online bank account to the online casino without the need to share financial data with a third party.

Social Media like Facebook, Twitter and Instagram are part of our everyday living and although social media doesn’t allow online gambling platforms, many online casinos offer players the chance to register at a casino by using their social network platforms. This is handy because all the player’s personal and bank account details are already registered on their social media platform and linking it with a casino account shortens the process. Using the already available information for casino registrations takes away the hassle of long and tedious registrations and allows for faster deposits and withdrawals.

Social Registration Making Signing up easier at online Casinos

Social registration greatly simplifies the casino registration and payment process. Although not a new way to register at online casinos, recently it has gained more popularity. Back in 2015, Venmo, a mobile payment service owned by PayPal started using social media to send payment notifications and as this facilitated the payment process considerably and users didn’t need to go through extensive security checks, Venmo was an instant hit. Users of Venmo were now able to sync their transactions via their Facebook account to make immediate payments. In another example to show the ease of linking a social media account, India’s popular payment provider Hike Wallet facilitated deposits and withdrawals through instant real-time payments. For online casino users, this was great news as linking their casino account to Hike Wallet facilitated an otherwise long registration process. Read more about social registration casinos and find out how you can shorten your online casino registration process.

Using Interac To Sign Up At An Online Casino

Playing at Interac Casinos is always safe because the company works with only leading Canadian banks. In more recent years, Interac has become a very popular banking solution for online gamblers in Canada and across the world. The main reason for Interac’s success is convenience, security, innovative technology, and players are guaranteed problem-free deposits and withdrawals.

Interac VS Social Registration for online Casinos

How To Select The Best Casino Payment Method For Your Casino Account

We live in exciting times! The digital era means that we can play online slots, Baccarat, Blackjack, Poker and Roulette anytime we want to from wherever we are. The digital era has also given us lightning-fast online purchases and casino deposits and instant withdrawals. Fast payout casinos are becoming the most searched for by online players that don’t want to wait days to receive their winnings. With the advent of the minimum casino, players want to make the smallest deposits in the fastest way to spend more time playing their favourite casino games. When it’s time to withdraw, players want to receive their money almost instantly.

It’s also possible to play the highest quality casino games without breaking the bank! Minimum deposit casinos started as a way for players to make a quick deposit and enjoy some high-quality gambling. If you’d like to play low budget casino games, by funding your account with a small deposit of $€1, $€5 deposit casino, $€10 or $€20 deposit casino, you can even start playing today! Follow our links and you’ll be taken to low deposit casinos where you can fund your account with a large variety of casino payment options including Bitcoin. Many players are still not sure how Bitcoin works, and if you’re unsure as well, why not read our article “How to deposit $1 using Bitcoin at Bitstarz.” We also list top No Minimum Deposit casinos, and here you can register a new player account and start playing with casino cash! No deposit is required, simply head off to the casino, register your information and the bonus is yours!

Top online casinos make a large variety of payment methods available for their clients and this has facilitated playing online games. There are a large variety of payment options available including credit and debit cards, VISA and Mastercard, a selection of eWallets including Skrill, Trustly, PayPal and Interac and top cards like PaySafeCard. However, there are a few things to keep in mind when selecting a payment method.

VISA

To get the best experience from online gaming when playing real money games, planning how to fund your account is crucial. Debit cards are a great option as they’re widely accepted and facilitate depositing because of how easy they are to use. VISA takes between 1-3 days to be processed.

Mastercard

As the second most popular credit card, Mastercard is as simple to use as VISA. In fact, due to its simplicity, speed and availability, Mastercard is a top online casino payment method. Make your deposits with Mastercard and use it to withdraw your funds. It will take 3-5 days before the withdrawal arrives in your account and remember, if it’s your first withdrawal, you may need to go through the process of submitting evidence of your identification, but this is only a one-time thing.

PayPal

The most popular eWallet on the market, if you choose to pay and play at a PayPal casino, you’re guaranteed a safe casino experience. Withdrawing is very simple and takes less than 24 hours for your funds to be available in your account. The casino usually doesn’t charge any fees to deposit with PayPal but there may be small fees incurred for withdrawals.

Neteller

Neteller is another eWallet platform and us also one of the most used casino payment methods as it’s quick and easy and allows for smaller deposits. Although many online casinos offer commission-free transactions, Neteller charges a small currency commission of around 3% for withdrawals.

Skrill

Along with PayPal and Neteller, Skrill is a very popular eWallet that’s convenient and safe to use. Widely used for both deposits and fast withdrawals, there may be small fees associated with Skrill. These days, however, most online casinos don’t charge for Skrill transactions.

Trustly

Trustly benefits both players and merchants. It’s beneficial for players because they can instantly top-up player accounts directly from their bank account and, perhaps more importantly, withdraw their winnings instantly. There are no fees charged for Trustly by most online casinos.

Interac

A Toronto based debit card service, Interac is widely used by Canadians to fund their casino account and withdraw their winnings. Interac is fast and reliable and although there are no fees charged by Interac, players will have to check whether the online casino or bank charges a small processing fee.

PaySafeCard

The most popular prepaid banking method is used by many minimum deposit casino players because of its security and safety features and the ability to send small deposits. PaySafeCard offers great benefits to players that prefer to remain anonymous when funding their casino real money account.

Play At Our Listed Secure Top Online NZD Casinos!

Recently the Department of Internal Affairs conducted a thorough investigation into NZ Casinos. Their findings revealed that 7% of offshore online casinos are registered as having New Zealand addresses. To set up a new gambling company is very easy and anyone can purchase a .nz website. The Department of Internal Affairs is concerned that rogue operators could be offering online casino gaming with zero chance of winning. The department warns online gaming enthusiasts to always ensure the online casino they play at is regulated and licensed.

Play at our recommended online casinos that are regulated and fully licensed. You won’t have to worry about dodgy payouts and unfair house odds. Our top casinos use random number generators to ensure the fairness of every casino game. Look at our fantastic $1 NZ Deposit pages, $5 NZ Deposit pages, $10 NZ Deposit pages and $20 NZ Deposit pages for gambling that won’t break the bank. You can make a quick and easy deposit at any of our recommended NZD Casinos by using one of the many casino payment methods like eWallet and Interac. Collect your generous Welcome Bonus and Free Spins and indulge in some fun and entertainment.

Unsafe Lotto Sites With New Zealand Addresses

In New Zealand, only the gambling companies Lotto and TAB have the approval to run gambling products online. After a thorough investigation, it was discovered that at least 13 offshore online casinos are using New Zealand website addresses that end in .nz. However, these casinos are not being run from New Zealand nor are they complying with New Zealand’s very strict laws. Part of the agreement with TAB and Lotto is that these companies return a portion of their proceeds to community groups and rogue websites aren’t doing this.

One of the main reasons for this thorough investigation is that the Lotto Balls have to comply with very stringent rules that prohibit any defects on the balls. The Lotto companies are obliged to have their Lotto Balls checked every 10 draws for weight and size. Although contact has been made with the rogue hosting providers, the Department of Internal Affairs hasn’t yet been able to complete their investigation.

A solution was presented by Susan Corbett, associate professor at Victoria University. She suggested New Zealand follow in the steps of Australia where .au website extension names are only allowed to be purchased by people or businesses legally registered in Australia.

NZ Casinos – Welcome Offers and promotions

As exciting as the pokies are, it’s even better when they’re played with casino money! Welcome Bonuses are delightful gifts offered by online casinos to welcome new players to their casino, but it wouldn’t make any sense for the casino to just hand over their cash or they’d close their doors in no time! The Welcome Bonus is free but in most cases, the bonus is attached to Wagering Requirements. There are more and more casinos these days that offer free spins with no Wagering Requirements but for now, they are the minority. Wagering requirements have been used for many years now and players are happy enough to fulfil wagering by re-playing their bonus and deposit several times. Naturally, the lower the Wagering Requirements the faster players can convert their bonus cash to real money winnings. Our listed casinos offer top online casinos for Kiwis with reasonable Wagering Requirements. Have a look through our recommendations and start playing the pokies today!

New Zealand’s Top Online Casino Games

Depending on the online casino you choose to play at, the quality and variety of the games on offer vary. When it comes to pokies, the graphics, adventurous storylines and interesting themes captivate the player and offer hours of fun and entertainment to pass the time and accumulate some much-needed wins. Pokies that deliver a steady stream of Scatters, Wilds, Expanded Wilds and Bonus Games within the pokie game itself attract players the world over, but where to find them! We point you towards the online casinos that offer exactly the sort of casino games you’re looking for.

Best NZ Casinos For January 2020

It hardly seems possible that 2020 is here, but it is! Last year we saw a massive growth of new Kiwi casinos and plenty of exciting new pokie games, and this year will go the same way. Keep coming back to our pages for the best and most secure online casinos you can play at. Always make sure the casino is licensed and complies with the many safety regulations. When you enjoy our top listed casinos, you’re enjoying online casinos gaming at its safest and best!

Interac Lets Canadians Down

During the very busy Christmas period, many Canadian shoppers were unable to complete their purchases after Interac experienced technical difficulties. Interac is an electronic money system that allows for safe, fast, and convenient ways to send, request and receive money. It’s one of Canada’s most used ways to make online and offline purchases, and a technical problem during the busiest month of the year can be considered a disaster! Clients were prevented from making rent payments, utility payments and shoppers complained that the delays and disruptions were very frustrating. Clients received a tweet from the Bank of Montreal and Canadian Imperial Bank of Commerce explaining how they were experiencing difficulties. Clients tweeted that they were desperate as they had rent to pay, family emergencies to fund and other important purchases to make.

In cases such as this, it’s always good to use an alternative payment provider to keep the stress at bay. It can be very frustrating when your favourite payment provider lets you down and by knowing what the alternatives are can make all the difference between a smooth casino experience or one fraught with frustration. In our article, we’ll outline two popular payment methods, eCheque Casinos and Venus Point Casinos. With these alternatives, players can make their  $5 minimum deposits at all the other CAD Casinos and our carefully selected Top Kahnawake casinos.

What Is An eCheque Casino?

Instead of the traditional paper cheques, eCheques are electronic cheques that online casinos often make available for casino players to make deposits and withdrawals. Although making your first eCheque deposit could take from a few hours up to 2 days to become available because of security checks, it only happens one time. Thereafter the process is quick and simple. The fantastic security associated with eCheques means that players don’t mind the initial wait.

To make deposits with eCheque, you’ll need to first fill in a form with information on your bank as well as the amount of money you want to deposit. The online casino will then process this form and players are then notified when the funds are available to spend.

The main reason casino clients from Canada, New Zealand and other parts of the world, use eCheque is because of the security eCheques offer and in fact, very few payment methods can match the security of eCheques. The money is sent straight from your bank to the casino and no middleman will ever know your personal information. Another advantage of using eCheque is that it offers state of the art security features like digital fingerprints.

What Is A Venus Point Casino?

With so much attention focused on casino payment methods, it’s no wonder so many new payment methods are appearing. Venus Point is one to consider! A stored-value electronic financial platform that functions as a payment processor, Venus Point is a Japanese based payment processor that was launched in 2016. This payment provider uses a points system so that casino clients can make their deposit and withdrawals quickly and securely.

A reliable and renowned online payment method, Venus Point is now being offered at many online casinos. The system is an electronic financial platform that allows users to send and receive payments from third parties and casino clients can also earn points from merchants as an added incentive, which can be converted to cash.

One of the main benefits of Venus Point is that no identification is required and casino clients won’t need to worry that their personal information will fall into the wrong hands. There are also no fees required to open or maintain an account. Registration takes all of about 5 minutes to complete, no identity cards are required and players can be sure that the security is top notch as Venus Point uses 128-bit encryption that complies with financial standards.

What Is An Interac Casino?

Interac is a Canadian payment provider formed in 1984. Back then only a handful of companies provided financial services and since there are very few companies in Canada that offer a debit service, Interac filled the gap and provided a much-needed service. With Interac, clients can pay for their purchases and casino accounts via the Interac Direct Payment system. Interac uses a standard PIN-based system which allows for a secure payment in-store or online and the financial provider also uses EMV Smart Card technology with very high levels of encryption.

Interac casinos offer one of the safest methods of payment for Canadian players. The service works like a debit payment system and this is ideal for casino banking as you over-draw or spend more than you budgeted for. One of the most attractive features of using Interac is that the card company doesn’t share any financial information with the casino. With safety and security being one of the major concerns for casino players, Interac is the type of payment method that suits most online gamers.

Casino Payment Methods For Canadians

It hardly seems possible that as little as six years ago, players based in Canada were not legally allowed to take part in online gambling activities. Of course, Canadian players still found a way to play their favourite casino games online, but it’s a lot easier today. During 2010, online Poker was legalized by the British Columbia Lottery Corporation and since then has been pushing to expand the collection of games British Columbia residents have access to. A few months later Quebec followed suit and made online poker games legal and Manitoba followed soon after.

This very fast expansion of the Canadian remote gambling sector brought with it a need to establish reliable casino payment methods. Although the accepted payment methods available to fund Canadian casino accounts varies from casino to casino, the most popular methods available at most casinos for Canadian players are Interac, iDebit and InstaDebit.

InstaDebit

Possibly the most popular payment provider for Canadians is InstaDebit. Created especially for Canadians, InstaDebit is based in Toronto and is partnered with many Canadian gaming operators. InstaDebit remains a preferred choice to fund casino accounts and withdraw winnings.

InstaDebit is not an e-wallet provider as many believe, but is instead a real-time transfer method for those who already have a savings or checking account with a Canadian bank. This payment system allows for seamless deposits and withdrawal alternatives.

Pros And Cons of Using InstaDebit

• The biggest advantage to using InstaDebit for Canadian casino players is that it’s an authentic Canadian dollar oriented payment service. Its biggest advantage lies in the simplicity of InstaDebit transactions.
• Although online casinos offer a large variety of payment options, InstaDebit provides gamblers with a simple method for making deposits and withdrawals at online casinos. Want to make deposits and withdrawals with InstaDebit? The process couldn’t be any simpler. Sign up for an account and link your bank account to InstaDebit. As soon as it’s authorized, players can benefit with easy deposits and unlimited withdrawals without any hefty fees.
• Another advantage for using InstaDebit is that confidentiality and security are guaranteed. When you use InstaDebit, every bit of your personal banking information remains private and anonymous. This means that the casino won’t have access to your banking details, ensuring completely secure transactions.
• Processing your casino payment with InstaDebit means lower costs and the only payment you’ll be charged is a small fee to charge your personal account, around $1.95. To withdraw your funds, the fees work out to around $2.00.
• The biggest disadvantage of InstaDebit casino transfers is that you cannot transfer your online casino winnings directly to your bank account. Your winnings are first transferred to your InstaDebit balance account , and this could take a few days.

Deposits and Withdrawals

What makes InstaDebit so easy to use is that to get set up is the setup process, complete a simple registration form on the company’s website and you’re done. The next step is making your deposit at your preferred online casino. It’s easy and hassle-free. Go to the casino deposit page and select InstaDebit as your preferred payment method. Log into your InstaDebit account by entering your username and password into the pop-up window. Once you’re logged in, enter your deposit amount and confirm the payment details.

When you’re ready to withdraw your winnings, head off to the withdrawal page and select InstaDebit. Enter your username and password, select the amount you would like to withdraw and hit the withdrawal button. Your cash will be in your bank account within 24 hours!

Interac

Interac was founded back in 1984 and has been providing electronic money transfers since 1996. The company has almost 60,000 ATM’s spread across Canada and is one of the leading and most trusted payment brands in the country. The card is used by 16 million people daily and this proves that with fraud being one the biggest concerns for all credit and debit card users, Interac is completely safe to use. Interac not only has the lowest fraud rate in the world but the card uses a standard PIN-based system allowing for secure online payments.

Pros And Cons of Using Interac

• The most important aspect of any casino online payment system is that it must be completely secure to use. As we’ve mentioned already, Interac has the lowest rates when it comes to fraud and embezzlement.
• Interac easy to use and whether you’re making a deposit to fund your casino account or are withdrawing your winnings, Interac offers a complete solution for all Canadian online casino gamblers.
• Although players will have to wait a couple of days for the withdrawal process to be completed, most online casino players are used to this.
• The only disadvantage of using Interac is that it might not be supported by all online casinos. However if you choose to play at one of our recommended casinos, Interac will be listed as an options.

Deposits and Withdrawals

To make your real money deposit with Interac, head off to the cashier and select it from the drop down box. Follow the casino prompts and finally, enter the amount you wish to fund your account with.

For withdrawals, after a pending period of a couple of days, usually imposed by the casino, your funds will be in your account in a matter of hours. To use Interac, select it as your withdrawal method and proceed by following the casino prompts. The casino might charge you a fee for using this service but normally this fee is only around $1 to $1.50 per transfer.

iDebit

Canadians enjoy using iDebit for their online gambling as it’s one of the easiest ways to effortlessly make a real money deposit without running into problems. In the past Canadians have experienced setbacks when trying to make a casino deposit, mostly because Canadian banks fear that players from other countries might ignore their countries’ laws and gamble using a bank account abroad. Not wanting to cause problems with the authorities, Canadian banks toughened up their rules for real cash casino deposits. iDebit couldn’t have appeared at a better time! As the middle man between the banks and the casinos, making a deposit with iDebit is the perfect solution. Your bank sees that you made a transaction through iDebit, and there are no questions asked.

Pros And Cons of Using InstaDebit

• Canadian players love using iDebit as deposits can be made very quickly. However as with most things, there are pros and cons to consider.
• The advantages of using iDebit are many: With iDebit there are high security protocols implemented and all the player’s personal and financial details are encrypted.
• Using this payment method to fund your account means that your deposits are instant and guaranteed by the company. There is no need to use your credit card and the fees are very low, possibly even the lowest in the industry.
• The main disadvantage is that not many banks have partnered with iDebit and there’s a limited selection of online casinos that accept iDebit as a preferred payment method and withdrawal option.

Deposits and Withdrawals

To get started, you’ll need to sign up for a free iDebit account and once completed, you’ll be redirected to log into your online banking interface to approve the transaction. To be allowed to create an iDebit account, players have to have a bank account at the Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank, President’s Choice Financial, Royal Bank of Canada, Scotiabank or TD Canada Trust.

• To fund your casino account, select iDebit from the banking interface drop down box and the amount you wish to begin with. Deposits will take only a few minutes to complete.
• When you’re ready to withdraw your funds, it will take around 12 to 72 hours for your cash to become available and in your bank.
• Fees for iDebit are some of the lowest available, usually around $1.50 – $2.

Other Ways To Fund Your Casino Account

Electronic Wallets – Skrill, Neteller and EcoPayz are the most popular eWallets available. If you’ve ever used PayPal, then you’ll know exactly how an eWallet works. When you use an eWallet service to make your deposits at an online casino, there’s no need to expose any of your bank account or credit or debit card information. Transactions are anonymous and you’ll never have to divulge any card details to the casino sites.

To make a deposit, log into your favourite casino and navigate to the My Account section, look for the Deposit option and select Skrill, Neteller or EcoPayz as your preferred method for deposits.

One thing to consider when deciding which wallet to use, is that many Canadian online casinos will not grant a Welcome Bonus for Skrill and Neteller. Always read the Terms and Conditions to find out what the limitations are for accepting any casino Welcome Bonus.

Credit & Debit Cards – If you’re the type of player that enjoys using credit or debit cards like Visa and MasterCard or Visa Electron and MasterCard Maestro, you can as most Canadian online casinos allow you to deposit and withdraw with credit and debit cards. One of the easiest ways to fund your casino account, debit and credit cards not only offer convenience but are also one of the easiest ways to top up your casino account.