Online casino payment methods in Canada

Online casino sites accepting players from Canada offer a range of payment methods to make it easy for players to fund their online casino accounts with real money. This page provides an overview of the most commonly accepted deposit options for Canadian players.

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Can I deposit in Canadian dollars?

Some online casinos accept deposits using Canadian dollars (CAD), but for those that don’t, real money play is still possible. If a casino site doesn’t cater directly to CAD, your payment will simply be converted to a more commonly accepted currency like EUR, USD or GBP. Be aware that some currency exchange fees may apply – check with the casino customer support team for more information as currencies, deposit options and transaction fees vary from venue to venue.

Visa and MasterCard credit and debit cards

Despite all the new developments in online payment methods, the humble old credit card remains the most popular and commonly used method for Canadians depositing money to online casino sites. Visa and MasterCard are widely accepted by online casino vendors, offering a fast, no fuss way to fund an account with real money. Be aware that some Canadian financial institutions may not allow credit card payments to online gambling businesses, and that credit card transactions can often be processed as cash advances, so additional fees may apply. Visa and MasterCard pre-paid and gift cards are also accepted – just make sure your card has been enabled for international transactions upon purchase.

Bank Transfers

Many online casinos accept direct bank wire transfers, where you can transfer funds directly from your bank account to the online casino account using your Internet banking or by visiting your local branch. To make a bank transfer, the casino will provide you with its account number, account name and any international codes like SWIFT codes if relevant. Bank transfers are the slowest way to fund an online casino account, with processing times typically taking a few business days.

Instant Banking

Instant Banking is a global internet banking service that enables you to directly transfer funds to an online casino account from your own bank account using your regular internet banking system. Canadian banks supporting payments with the Instant Banking platform are Bank of Montreal, CIBC, National Bank of Canada, Royal Bank of Canada, Scotiabank and TD Canada Trust.

Neteller

Neteller is one of the world’s leading web wallets and is available to Canadian residents. Neteller works as a virtual wallet, holding your money in a secure online location that can then be transferred to fund an online casino account. Neteller payments are facilitated using just your Neteller ID and password, so you don’t have to reveal your personal banking information or credit card details to the casino vendor. It provides an added layer of security and payments are processed instantly, making this a popular choice for online players.

Instadebit

Instadebit is an online payment service available exclusively for Canadians. Working as a middle man, it allows users to make payments to online merchants directly from a bank account, without ever having to reveal bank account details to the person you’re paying. To use Instadebit, you need to have an account with a compatible Canadian bank, be over the age of 18 and provide your social security (SIN) number.

iDebit

iDebit started out as a payment provider that was only available in Canada, but it proved to be so popular a service that it is now available to users in multiple countries. This secure online payment service allows users to make direct payments via their standard online banking accounts. The entire deposit process takes place within your online banking account, so neither iDebit nor the casino vendor will see your personal financial information. This high level of safety makes it a popular option with Canadian players.

Paysafecard

Paysafecard is a pre-paid eVoucher that allows users to transfer money safely and anonymously online. No credit card or bank account is needed, as Paysafecards can be purchased using cash from real life retail outlets. In exchange for cash you are given a unique PIN number which can then be entered to your online casino account to transfer funds across. Paysafecards can be purchased from various retail outlets across Canada including Canada Post and independent news agencies, tobacconists, cell phone providers and convenience stores.

Bitcoin

With Canadians getting in on the cryptocurrency action, Bitcoin and other cryptocurrencies like Litecoin and Ethereum are starting to become available at selected online casinos. Cryptocurrency payments are processed through a peer-to-peer system without using a centralised bank, so payments are completely anonymous and available on a global platform. The Bitcoin format can be difficult to understand, but those who have a grasp on how cryptocurrency works can benefit from the security and anonymity this payment method brings.