Debit Cards
Whether we're paying for online shopping or using it for everyday purchases, almost every one of us has a debit card. Debit cards are safe and easy to use, which makes them one of the best casino payment methods. You'll be able to use your favourite debit cards at most online casino sites to transfer money to and from your account.
Visa
Visa is not only one of the most popular payment methods for everyday purchases, but it's also one of the most commonly used banking methods for online gambling. Many online casino players choose Visa, as it has low transaction fees and high casino withdrawal limits. Also, you can purchase a prepaid card which can then be used for online casino gambling.
Mastercard
Similar to visa, Mastercard is one of the most popular casino deposit methods. When making a deposit at an new Canadian online casino, all you need to do is enter your card details and select the deposit amount. Most Mastercard deposits are processed instantly.
Digital wallets
Nowadays, the use of digital wallets, also known as e wallets, has become a very popular way for players to transfer funds online. There are several popular e wallets for players to choose from so that each player can find one that fits them best. Using e wallets is quite simple, as all you need to do is connect it with your credit card, debit card or bank account. Then you will be able to use your e wallet to make deposits and withdrawals at your favourite gambling sites. It's also good to note that different providers of e wallets may also offer players exclusive deposit bonuses.
Skrill
Skrill is one of the most popular digital wallets, and it's available on most gambling websites. In order to obtain a Skrill account, you need to register an account using your E-mail address and pick a password. Then top it up using your bank account, Visa or Mastercard. Also, when you're transferring money to a casino using Skrill, the deposits are instant.
Neteller
Similar to Skrill, Neteller is another popular digital wallet. Neteller is available on most casino sites and is one of the most commonly used payment options for online casino gaming. Neteller also has low minimum deposit amounts and reasonable transaction fees.
PayPal
PayPal is one of the most popular online casino payment methods and it's available at a wide variety of Canadian casinos. PayPal is easy to use at any online casino site, as you can deposit money to your PayPal account and then use it for transactions on your gaming accounts.
Crypto Wallets
While we're all familiar with traditional payment options, in recent years, cryptocurrency and crypto wallets have gained a lot of popularity. Nowadays, there are casinos that only offer cryptocurrency for payments, and other casinos have made sure to offer at least the most popular cryptocurrencies for casino payments.
Bitcoin
Bitcoin is by far the most popular cryptocurrency available at some of the most recognised online casinos. With Bitcoin, players can top up their accounts by scanning a QR code or copying the unique Bitcoin address and then completing the payment in their Bitcoin wallet.
Other Popular Payment Methods
While crypto wallets, e wallets and cards are the most popular deposit methods, many online casinos offer a selection of alternative payment methods.
Bank Transfer
It's safe to say that almost all online casinos offer a bank wire transfer as an alternative payment method. Most casino players use bank transfers for withdrawals since the processing time can last a few days. Also, bank transfers can have a relatively high minimum withdrawal limit.
Paysafecard
If you're looking for simple deposit options, Paysafecard is a great way to transfer funds to your online account. Paysafecard ultimately offers the benefits of prepaid cards - you can set up the account in a minute, easily top up your prepaid card and use it for online gambling at your favourite casinos.
How to make an online casino deposit
Making a deposit at an online casino is a very simple process, and most casinos offer banking methods that are widely accepted across the globe. First, make sure you have picked the best online casino and selected a casino bonus, such as a welcome bonus. Then pick your preferred deposit method, whether it's debit card, prepaid card, e wallet or crypto payment. Enter your account details and select the amount you'd like to deposit. At this stage, you'll be transferred to your payment provider site, where you will be able to complete the casino deposit. Once that's done, your casino account will be updated with your deposit and bonus - if applicable.
Author
Dean McHugh
I am a full-time Sportsbook and Casino Content Writer based in the UK, who has years of industry knowledge, covering a broad range of different sports. If I don't know about it, it's not worth knowing! My favourite sports are football, tennis, golf, snooker, cricket, boxing and MMA. As you can tell...I love sports!