Being able to deposit and withdraw money easily and safely is usually a number one priority for casino players. There are several payment methods to choose from, and Envavo is here to give you all the information you need to make an informed choice.
You can find all the payment options mentioned on this page at the best online casinos in Canada.
The Most Popular Casino Payment Methods In Canada
We begin this guide on casino payment methods by looking at the most popular options available. To find Canada’s most popular online gambling payment methods, we have talked to industry professionals working with the best online casinos in the country and cross-checked them with recent data collected by Statista.com to ensure this list is the most reliable one in Canada.
Mastercard
Mastercard is the most popular method for making casino deposits in Canada. When it comes to withdrawal times, this payment option has a reputation for being one of the quickest ones available.
Apple Pay
This popular mobile payment method is also becoming a trusted eWallet. Canadian casinos accepting Apple Pay are few, but more and more of them will be added to the list as this technology gains momentum in the future. A very practical payment method.
Skrill
Another eWallet gaining popularity with players, Skrill also enjoys a very positive reputation. The Casino Payment Methods Canada experts are particularly impressed by the speed of withdrawals, making this method stand out from all others.
VISA
Like its main competitor Mastercard, Visa is also one of the most popular ways of making casino deposits. Despite being the runner-up, it has a significantly lower number of withdrawals than Mastercard.
Maestro
Although not as popular as Mastercard or Visa, Maestro enjoys the trust of people who like playing at casinos that accept this payment method. There are not many casinos to choose from, but players can rest assured that their deposits will be handled safely and securely.
Neteller
Neteller is currently one of the most popular casino payment methods in Canada. It offers instant deposits and withdrawals, though not as quickly as Skrill. The security level is also very high, which means players can rely on this service.
Online Casino Banking Options Compared
If you would like to have a more in-depth look at the above casino payment methods, feel free to check out our information tables below that compare them side by side. The first table contains payment methods used to make deposits, and the last one is stacked with withdrawal methods.
Casino Deposit Methods Compared
| Payment Method | Type | Fee | Process Time | Min. Transaction | Max. Transaction |
|---|---|---|---|---|---|
| Credit Card | Free | Instant | C$10 | C$5000 |
| Credit Card | Free | Instant | C$10 | C$5000 |
| Credit Card | Free | Instant | C$10 | C$5000 |
| Debit Card | Free | Instant | C$10 | C$5000 |
| eWallet | Free | Instant | C$10 | C$5000 |
| eWallet | Free | Instant | C$10 | C$5000 |
 | eWallet | Free | Instant | C$10 | C$5000 |
 | Debit Card | Free | Instant | C$10 | C$5000 |
 | eWallet | Free | Instant | C$10 | C$5000 |
 | Bank | Free | Instant | C$10 | C$5000 |
Casino Withdrawal Methods Compared
| Payment Method | Type | Process Time | Min. Transaction | Max. Transaction |
|---|---|---|---|---|
| Credit Card | 1-3 Working Days** | C$10 | C$5000 |
| Credit Card | 1-3 Working Days** | C$10 | C$5000 |
| Credit Card | 1-3 Working Days** | C$10 | C$5000 |
| eWallet | Instant** | C$10 | C$5000 |
| eWallet | Instant** | C$10 | C$5000 |
| eWallet | Instant** | C$10 | C$5000 |
| Debit Card | 1-3 Working Days** | C$10 | C$5000 |
| eWallet | Instant | C$10 | C$5000 |
| Bank | 1 Working Day | C$10 | C$5000 |
**Where applicatory/authorized/supported by the card scheme
Casino Payment FAQ
- How do I deposit at a casino?
Depositing at a casino is easy. All you have to do is click on the 'Cashier' button, choose your payment method and follow the on-screen options presented by your selected online casino site.
- What is the standard processing time for a deposit?
The standard processing time for a deposit is a few seconds. However, if you select to use bank transfer, it could take up to three business days.
- How do I withdraw at a casino?
All you have to do is click on the 'Cashier' button, choose your withdrawal method, and follow the on-screen options presented by your selected online casino. Remember that some casinos might request additional information before processing your payment.
- What is the standard processing time for a withdrawal?
It can take up to three business days, though this is not always the case. In most cases, it takes less than 24 hours to withdraw funds from your casino account.
- Is it safe to process money in an online casino?
Yes, if you play at a licensed online casino, it is. Payment methods used by online casinos have been specifically designed for this purpose and have a very high level of security to protect your funds from any form of theft or loss.
- Do I have to verify myself before making a withdrawal?
EU and MGA regulations require players to be verified before they can withdraw their winnings. They need this to prevent scams, theft, and money laundering.
- Can you fund your account while playing casino games?
Yes, you can. Many online casinos allow players to make both deposits and withdrawals while still playing casino games. Simply provide your banking method at the cashier to fund your account.
- Can I use a prepaid card to deposit?
Some casinos do not accept prepaid cards. However, the ones that do offer this payment method usually allow players to make a deposit using Paysafecards.
How To Make A Transaction
With so many deposit and withdrawal options available, it can get a little overwhelming. However, we hope that this article has helped you to better understand the different casino payment methods and find one that works best when you are playing at a casino.
Depositing at online casinos doesn’t have to be difficult. If anything, it becomes easier once you know what casino payment methods are available.
To make your deposit, all you need to do is click on ‘Cashier’, provide your bank details, and follow the steps. Remember that some casinos might request additional information before processing your payment.
Withdrawing your winnings at an online casino is just as easy. Simply click on ‘Cash for cashier’, choose your withdrawal method, provide some personal information and follow the steps. Remember that if you are withdrawing a large amount of money, some casinos might require additional documentation before processing your payment.
It’s always best to verify yourself when you are playing at an online casino. This is because, in most cases, EU and MGA regulations require players to be verified before they can withdraw their winnings.
If you play at a licensed online casino, your funds are safe. After all, payment methods used by online casinos have been specifically designed for this purpose and have a very high level of security to protect your funds from any form of theft or loss.