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Top Online Casino Payment Methods

Top Online Casino Payment Methods
Online casino gaming is one of the greatest things to have ever been invented. Unlike their land-based counterparts, online casinos offer different types of transaction methods for depositing and withdrawing money. This can be confusing, especially if you are new to online casinos in Canada, which is why you need to find a casino that is safe and with a great reputation. This detailed article provides all the relevant information about top online casino payment options. We’ve listed them in their respective categories to help you to understand how each one of them works.

Credit and Debit Cards
Credit and debit cards are the most popular payment systems available. Many online casinos allow customers to move their money to and from their accounts using different types of credit and debit cards. Generally, you may not be charged for using your debit card, but credit cards have a fee of around 0.8 to 1.3%. Some of the most popular credit and debit cards include:

  • Visa
  • MasterCard
  • American Express
  • Maestro


The use of electronic wallets (e-wallets) in online casinos has risen over the past years. The advantage of the modern payment system is that you can store all your banking information under one roof. Many players opt for e-wallets because they are fast and easy to use. Moreover, you get to enjoy instant deposit and withdrawals from wherever you are. Even though the e-wallets may have some transaction fee, it is generally minimal and is often offset by the loyalty programs. There are plenty of e-wallets you can choose. The most popular ones include:

  •  PayPal
  • Neteller
  • Skrill
  • EcoPayz

Pre-Paid Cards and Vouchers
Pre-paid cards and vouchers are fast becoming popular in the online casino industry. Many websites offer pre-paid cards as a payment option because they are safe and easily available. The most popular pre-paid cards and vouchers are:

  • Paysafecard
  • ecoCard
  • UKash

Instant Bank Transfers
As the name suggests, instant bank transfers allow you to send or receive money instantly from your bank account to the casino. Many players love this payment system because it saves the time of waiting for your money to be moved. Some of the top recommended instant bank transfer systems include:

  • Trustly
  • iDeal
  • Giropay

Many online casinos now allow customers to use cryptocurrencies to deposit or withdraw money. Unlike traditional currencies, cryptocurrencies offer anonymous, safe and super-fast transactions. The widely used types of cryptocurrencies include:

  • Bitcoins
  • Ethereum
  • Litecoin
  • DogeCoin
  • Monero

Bank Wire Transfers
A good number of online casinos accept wire transfer as one of the payment options. This payment system is loved by players because it is secure. Casinos that support wire transfer require customers to verify their identity before they can withdraw money. The time used to verify documents is one of the reasons why this system is slow compared to others. 

Finding a swift and reliable payment option is essential. You need to pick an online casino with a huge selection of transaction methods. Moreover, when choosing a payment option, you must pay attention to factors like speed, flexibility, fees, security and more.

Author: Roberts Belickis   

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