Top Canadian Deposit Options
When choosing a deposit option, it's important to look at the ease with which you can make a deposit, the speed with which the deposit will be processed, and how secure an environment the service provider has created. Once you become familiar with the pros and cons of each of the Canadian online deposit options available to you, you'll be able to make an informed decision about which one to choose - credit card, debit card, e-wallet, pre-paid card or more.
We've put together an overview of each of the deposit options available to help make your choices a little clearer:
Credit card: This is a popular choice for many online casino players due to its convenience. Simply enter your card information at the casino and funds will be transferred into your account - a similar process to any online transaction. Bear in mind that while Visa accepts both online casino deposits and withdrawals, MasterCard will only process online casino deposits at this time.
Debit card: Visa and MasterCard-branded cards are accepted by most online casinos, making this another popular payment option choice for Canadian players. There are many online casinos that will accept a range of debit cards for deposit purposes, so transacting is typically easy and safe.
E-wallets: Many players prefer the option of an e-wallet, as it allows you to transact with the casino without revealing any of your banking information. Simply transfer money into your e-wallet via credit card, your bank account or a third party transfer, and your e-wallet will link directly to the casino in order for you to deposit or withdraw. Canadian e-wallets of choice include Skrill and NETeller, both chosen for their easy sign-up and low fees.
Pre-paid cards: These cards function the same way as credit cards and provide an easy, convenient alternative to more traditional deposit options. Simply purchase a pre-paid card, such as Ukash, from any gas station, chain store or grocery store with cash. Then once inside your online casino's banking software, choose the pre-paid card option, and enter the card number and PIN number given to you at point of purchase. You'll then be able to transfer funds into your casino account with the minimum of effort.
There are a number of other deposit options you can choose, such as bank wire and instant banking, but our experts have found these to be the most convenient and hassle-free for Canadian online casino players.