Online casino gambling becomes so much more transparent as an industry, so much more regulated and secure that more people start trying it for fun. Players in regulated countries like Canada have been able to enjoy online casinos for quite some time by now, however, even for Canadians, certain aspects about online gambling were not quite clear. One of such aspects is online casino payments for real money betting.
There are many casino payment methods available for Canada, and other countries have their own local methods, too. Many online payment processing companies provide safe and reliable service, and yet, many players are still unsure about what method to choose, or what methods fit them the best way. Depositing to an online parlour becomes a complicated task without that knowledge, and this is why this post discusses some of the most popular, according to CasinosHunter reviewer, online casino deposit methods for Canadian players.
Why Deposit Methods Are So Important
Deposit methods offered by online parlour sites are one of the crucial factors for successful gambling, and not only because they define the convenience and safety of online transactions when sending money to the parlour. Many other aspects that contribute to the overall user experience while gambling depend heavily on the deposit method; players can learn more about banking on CasinosHunter reviewing platform.
Firstly, some payment methods are good for depositing, but they do not fit for withdrawing money from online casinos. For example, most plastic cards are perfect for making deposits, but the banks backing those cards will not accept transfers from online merchants looking like an online parlour site.
Secondly, some casinos only process deposits and withdrawals within the same payment channel. For example, if the Canadian gambler deposits with Neosurf, they want only to send the player’s withdrawals back to Neosurf, but Neosurf cannot accept any transactions because it is a prepaid voucher. So, choosing a deposit method, the player has to also consider whether it will also be used for cash outs, and whether it can be used that way.
And thirdly, some online parlours only allow deposit-based bonuses for players who deposit via certain banking channels. For example, some sites do not allow Welcome Bonuses for players depositing with Skrill or Neteller. Therefore, if the gambler wants a bonus to their deposit they should consider this rule, as well.
The Best Online Casino Deposit Methods for Canada
To choose a deposit method wisely, online casino gamblers should keep in mind what options are offered by the parlour site, what banking options are legal in their jurisdiction, what banking options are available and are convenient for them personally, and what rules are applied by the parlour site depending on the deposit option chosen by the parlour customer. The list below discusses some of the most popular and handy deposit options for Canada.
Plastic cards like Visa, Mastercard, Paysafecard are very popular as online parlour banking options, and they are convenient for many players. However, there are two potential drawbacks. Firstly, Canada seems to have started limiting the ability to use plastic cards for online gambling; many banks do not allow using their Visa and Mastercard cards for transfers to casinos. And secondly, withdrawals to plastic cards are often not allowed, or not convenient.
Bank transfers are very convenient and they are definitely very secure, but most banks only allow payments to and from online casinos via a mediator like Interac, Instadebit, iDebit, or Trustly. Direct bank transfers are usually only allowed for withdrawals, but not for deposits. Another disadvantage of direct transfers - without mediators - is that these can be really slow.
Ewallets like MuchBetter and EcoPayz are among the most widely used for parlour payments in Canada, because they are fast, safe, online casino friendly, and offer convenient tools like intuitive design, official mobile applications, etc. One of the most complicated things about ewallets, however, is that each of them has very different rules and T&C for usage, and in addition, web parlours can also apply specific rules to payments by specific ewallets. So this is something to keep in mind.
Mobile payments to online casinos can be made via official mobile apps of the ewallets, or for bank transfers, but there are specifically mobile payment systems like Apple Pay and Google Pay. They are fully compatible with mobile devices and are extremely handy for fast and controlled deposits and withdrawals via mobile.