Casino Payment Methods: Deposit and Withdrawal Options in Canada

Deposits and withdrawals are one of the most important aspects of playing at an online casino. That’s why top CA casinos take the subject very seriously, offering players many options so that they feel comfortable choosing their favourite method for transactions.

These casinos ensure that the payment methods they offer are amongst the safest on the market. They not only utilise a secure socket layer to ensure utmost safety on their end, but also use providers who can guarantee that they take similar precautions to give you the security you deserve, and the knowledge that your information is at safe hands.

Online casinos in Canada support a diverse range of deposit methods (including crypto), giving you as much choice as they can while also making sure that their casino payment methods are safe and secure.

The deposit limit for each method varies depending on a number of different factors. Some will be limited by what your bank allows while others will need to build up a history of usage before higher payments can be made.

There are several categories of deposit methods usually available at the top CA casinos. Let’s go over them:

Visa

Visa is the second-largest card payment company in the world. Their network for payments is one of the most advanced in the world and are able to carry out more than 100 billion transactions a year. The fraud detection in place on Visa cards is the most advanced in the world with more than 500 different aspects checked on every transaction. They offer our customers the ability to use a credit card, debit card or prepaid card which gives a huge amount of flexibility. Deposits are made almost instantly using Visa.

Mastercard

This is one of the oldest card companies on the market. They have a market share that is comparable to Visa, coming to a close second. Mastercard offers high levels of security to customers and deposits are usually processed within an hour. There are both debit and credit card options available to customers as well as the ability to load a prepaid card with funds to use.

Maestro

Maestro is a debit card that has been around since 1991. It is owned by MasterCard, which should give players peace of mind knowing all transactions are completely secure. Maestro is connected to the card holder’s bank account and can be used at the point of sale (POS). One of the main advantages of using Maestro at CA casinos is that, unlike a credit card, you can’t deposit money that isn’t in your account. This is helpful for budgeting and preventing payers from depositing more money than they can afford.

Interac

Interac is the national debit card network for Canada. For this reason, many Canadian players will use Interac over Visa or Mastercard for their debit card. Interac has a high level of security in place which makes them highly trustworthy and reliable. Interac also offers an online service along with debit card services. This will allow you to make a deposit either with your debit card or through an e-wallet when using Interac.

Bank Transfers

This used to be the most popular way to make deposits to casinos – However, due to some recent changes, it is no longer an available deposit method. It is a viable withdrawal method, with a $35,000 maximum limit. This will transfer funds directly from your bank account into your casino account. It is usually processed within an hour and guarantees maximum levels of security. Banks always have a number of protocols in place to ensure that only you can use your bank account.

iDebit

iDebit offer their customers security on a par with a bank. They use 2048-bit encryption to ensure that their web traffic cannot be intercepted. iDebit work as an intermediary between online casinos and your bank when you make a deposit. iDebit is recognised by all major Canadian banks which makes it a great choice for Canadian players. Deposits are processed within an hour when using iDebit.

Instadebit

This transfer method allows you to access your bank account and make a payment from it. All you need is to sign up for Instadebit and enter your bank account information. This is a secure method of payment because it adds an additional layer of security between your bank and where you make payments. You don’t need to be signed up to a specific bank to use Instadebit, you just create your own Instadebit account and then link it to your bank account to start making payments.

Flykk

Flykk is a new way to quickly transfer money, and now you can use it to make deposits at CA casinos. It uses direct debit funding, which means that you can connect to your bank account and securely deposit between $10 and $25,000.

Payz

Formerly ecoPayz, this is one of the most popular payment methods for Canadian players. Payz works more as a prepaid card than an e-wallet for customers. If you want to make a payment using your Payz account, make sure that it is funded. This means that on top of the security that they have in place, the limit to how much money is placed in there makes them even safer. Deposits are made at a high speed, however it can sometimes take some time for your bank to clear the deposit made to your Payz account.

PayPal

PayPal is a highly secure payment method, widely accepted by some of the largest online casinos. However, PayPal is only available for casino deposits in select countries, including Canada.

Using PayPal for casino deposits is convenient, but you'll need to ensure that your PayPal account is linked to a bank card. This method allows for easy transfers in and out of your casino account, with withdrawals often being instant. You can then move the funds to your bank account.

MuchBetter

This is one of the newest payment methods to hit the market. It allows customers to download an app to their smartphone which can be used to make payments through either a prepaid card or an e-wallet. The account can be funded through a variety of different methods which is why it’s extremely simple to use as well as safe and secure.

PaySafeCard

One of the most popular payment methods for Canadian players and around the world. A PaySafeCard works just like a prepaid debit card. Customers can buy a card that has one large value on it or can split it up into a number of different values if they like. This means that there is no link to your bank account when using a PaySafeCard. A wide range of security protocols makes PaySafeCard one of the most secure payment methods on the market. You will need a “My PaySafeCard” email account if you want to make a withdrawal back to your card. However, any deposit that uses the PaySafeCard PIN, as opposed to the emails, can’t be withdrawn, and you will need to make a bank transfer withdrawal.

MuchBetter

This is another one of the newest payment methods to hit the market. It allows customers to download an app to their smartphone which can be used to make payments through either a prepaid card or an e-wallet. The account can be funded through a variety of different methods which is why it’s extremely simple to use as well as safe and secure.

There are a number of different no deposit bonuses available to players at online casinos. This will allow you to play on the variety of casino games that without making a deposit. All you need to do is register for a free account.

Unfortunately, these offers are seasonal so be sure to check from time to time. For more information about the bonuses and any free spins, visit the our casino bonuses page.

The withdrawal methods on CA casinos are almost the same as the casino payment methods. The only difference is that some of the prepaid card options, will not allow you to make a withdrawal. Sometimes the policy is to make a withdrawal to the same method that was used for payment, in this case, you would need to have an alternative payment method available in order for you to make a withdrawal.

There may also be an individual withdrawal limit applied to each payment method that differs from the casino’s withdrawal limit. In this case, the lower limit is the relevant one.