Payment Options for Canadian Players
When you play at an online casino you know that to ‘make money you have to spend money’. With that said, you’re going to need a method of depositing money into your online casino account with which to play some of the exciting games they have on offer for you. Here is the perfect guide to help you learn about the options you have.
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BokuBoku casino payments is a new forward thinking way that brings merchants and operators of mobile platforms together. Read all about the new banking method within our review of Boku Casino and learn how this dynamic approach can help you join the ideal casino online, how Boku works, and the benefits you can take for transferring over to Boku Casino service today.
EcoPayzThe main purpose of using ecoPayz is to provide a safe and reliable alternative to traditional payment solutions over the Internet. It has a dedicated team with years of experience in providing these types of solutions to customers. Find out all the terms, information, and the program EcoPayz has put together.
FlexepinThe brand new Flexepin service has a global reach that provides users with secure transactions of their funds with instant account top-ups. Updated security pin numbers which are never revealed in the transaction and eliminates the need to use a credit card for your online payments which also includes some of the most prestigious casinos online.
MaestroMaestro is a debit card service that was created in 1992 as part of an initiative of MasterCard Worldwide. Like most debit cards, Maestro cards allows the cardholder to withdraw funds from ATM’s or make purchases both physically in store and online.
MasterCardCreated in 1966, MasterCard is an international organization whose essential function is to process payments between the banks of merchants and consumers. As such, MasterCard branded credit cards are accepted in more than 200 countries worldwide and by more than 20 million companies. In addition to this a MasterCard credit cards can be used both domestically and internationally in ATM’s to withdraw a range of currencies.
MuchBetterPresenting the award-winning app payment service MuchBetter. Having swept the board with Best Alternative Payment Program and Best Startup Innovation Award, we review the banking force which follows on from their success in 2018 for their online casino service which offers users ground-breaking and modern technology like not other service.
NetellerFounded by Optimal Payments PLC in 1999, Neteller is an online payment system that is regulated by the Financial Conduct Authority (FCA). Even though Neteller isn’t officially classed as a bank, the system it operates under is very similar. Funds are kept in separate secured accounts so that in the event of bankruptcy all client balances can still be honoured.
PayPalFounded in California in 1998, PayPal was a revolutionary online payment system when it was first introduced. This led to the company being subsequently acquired by eBay in 2002. PayPal is a widely used payment system on the internet, being used by players at online casinos and poker sites.
PaysafecardThe Paysafecard payment option is one the largest operators of financial services via the internet in Europe. Available in 37 countries, Paysafecard has a reach of over one billion customers and is accepted in more than 5000 online establishments, mainly those geared towards entertainment.
Reverse WithdrawalReverse withdrawal is a method used mostly by online casinos as a way of depositing money back into their online casino account. Most casinos that offer this function offer it without a fee however this option is only available while the withdrawal request is currently in progress. When a player makes a withdrawal request the process can take a certain amount of time. If during that time the player wishes to re-deposit some money into their account to play again, they may cancel their withdrawal request and deposit the funds back into their online casino account almost instantly.
SkrillSkrill is a leading electronic payment system and provides you with an Internet banking service to send money via an e-wallet. It's possible to transfer money from your bank account into your Skrill wallet to make payments online as an alternative solution.
Ticket SurfTicket Surf is a method of payment that allows you to purchase goods and services online. It works in the same way as Paysafecard in that you purchase a prepaid voucher and then use the code to make your purchases online. The system itself allows you to transfer money via different accounts and to make deposits and withdrawals in total anonymity.
Trustly Pay N PlayThey say “Play without delay” so is the new innovative product from Trustly the ideal banking option for you to use? The Pay N Play has been launched as a bespoke service aimed specifically for casinos, so you can start playing your favourite games instantly. Here we review the ins and out of the banking feature and how it assists players wanting a secure service that works fast and efficiently.
Trustly Pay N Play
VisaLaunched back in 1958 as Bank Americard, now Visa Inc. is an international firm that holds a 44% market share of credit cards and 48% in debit cards. It facilitates transactions between financial institutions, merchants, customers, and even government organizations. Payments can be made at one of the millions of points of sale worldwide, in online shops, and online casinos or physically in a store. The cards can also be used to withdraw money out of an ATM, both domestically and internationally.
WebMoneyFounded in 1998, WebMoney is owned by Russian firm WM transfer Ltd. It represents an entire platform from which you can make online payments or send and receive money between registered users. On top of this you can apply for loans, exchange currencies and many other types of online financial transactions.
The most common payment options
Here at Casino Bonuses Index, we’ve compiled a roundup of the most popular methods of depositing at an online casino and staying true to our promise we’ve given an unbiased overview of each one, noting all the benefits and disadvantages of each and presenting them to you in a simple and easy to understand format so that you can make an informed choice on which to use for yourself.
This is a roundup of the most commonly used methods of payment in online casinos. Some maybe more accessible to you than others, for example you may already use a credit card like a Visa or MasterCard for your online purchases so it would make sense for you to use the same credit card to deposit at an online casino, but there will be some methods that you might prefer over others and some that you may not have known about previously.
In general most people have debit cards attached to their bank accounts but there are newer options available to you such as prepaid cards and e-Wallets which keep transactions from appearing on your main bank account statements therefore allowing you greater anonymity while playing a few hands of poker or blackjack at an online casino.
Options that allow deposits and withdrawals
Also in our roundup you’ll find payment options that allow for both the depositing of funds and the withdrawal of funds in an online casino. To date, the only systems which allow for both using the same account are e-Wallets and debit cards. Some credit cards do not allow for withdrawals from an online casino because there are issues and concerns with money laundering or fraud.
The pros and cons
For each payment option we give you some pros and cons of using that particular service. This acts as a quick reference guide when coming to a decision about which payment options to use and also highlights the best and worst features of each option so that if there’s something which you really don’t like, you will be able to see it straight away and look at an alternative from our list.
Fees and charges
Where applicable, we have included the fees and charges for each payment option. This will help you when choosing a payment option because some of them charge for certain services such as transfers or deposits and some e-Wallets even charge when receiving money in from your bank account so it’s good to be aware upfront of how much it’s going to cost you in the long run. Pay particular care when deciding which to use at an online casino because you could find you run into some issues, especially when trying to withdraw funds from you casino account.