Among the things that make online casinos better than landbased casinos is the fact that online casinos offer more comfort. You can be in the comfort of your home, on a bus or even at the gym and play your favourite games. Additionally, you don't need to queue at a cashier before you can exchange your money for chips or collect winnings that you made. The best online casinos Canada accept a wide variety of payment methods that you can use to fund your account and also cash out your winnings. In this extensive article, we'll talk about some of the popular banking methods that top online casinos Canada support. You can check the 1-onlinecasinocanada for a list of the best casinos to join.
Credit/Debit Cards
One of the popular payment methods accepted in almost all parts of the world is credit/debit cards. The beauty of using this payment method at online casinos is that it is fast and secure. This means that once you make a deposit, it is processed quickly by the casino so you can proceed to enjoy different kinds of games. Visa and Mastercard are the most common types of credit/debit cards. They are linked to your local bank account, and they can be used for both deposits and withdrawals. Aside from that, most casinos that accept this payment method do not charge processing fees for deposits, but you can always read the terms and conditions of your casino to know if fees apply.
Electronic Wallets
Electronic wallets (e-wallets) is another popular type of methods that online casinos accept. There are several e-wallets that you can use for funding your account and withdrawing winnings such as Skrill, Neteller, and EcoPayz. The beauty of this payment method is that it is extremely fast for both deposits and withdrawals, and it is secure. Since e-wallets are not linked to your bank accounts, it means that the money in your account is safe. However, it is common for some e-wallets to charge you fees if you want to withdraw to your bank account or if you are making a transaction from a different currency. Some casinos may also charge you processing fees, and you may be unable to claim some bonuses using e-wallets especially Skrill and Neteller.
InterBank Network
Asides from credit/debit cards and e-wallets, top online casinos Canada also accept InterBank Network Transfers such as Interac and iDebit. Interac is a Canadian payment method that allows you to link your financial institution account to your Casino account so that you can make transactions without entering your bank account details. This way, you can be guaranteed of a secured transaction, and the processing time of the payment method is also fast. iDebit also works in a similar way as Interac. When using these payment methods at your online casino, it is essential that you check if the casino deducts processing fees for deposits and withdrawals. Additionally, you should check the deposit and withdrawal limits placed by the casino.
Bank Transfer
Bank Transfers has always been one of the most trusted ways of making transactions. It involves sending money directly from your account to that of the merchant, and several online casinos Canada accept the payment method. Many financial institutions have an app that you can download on your device which you can use to transfer money into your casino account or make other transactions. Some also support internet banking or allow you to make transactions using USSD. Processing of transactions made using Bank Transfers carry from one casino to the other, so you should consider checking the payment page of your online casino to know what to expect. Alternatively, you can chat with your casino's customer support to know the limits and processing time of all the payment methods that it supports.