Casino Payment Methods for Canadians 2025

Written by
Harold Cobbins
Harold Cobbins
Harold Cobbins
Written by
Harold Cobbins
Casino Reviewer, Tester
Fact checked by
Eva Johnson
Eva Johnson
Eva Johnson
Written by
Eva Johnson
Casino Reviewer, Tester
Last Updated:

If you are looking for the trusted online casinos in Canada you are in the right place. We have gone through over 120 most well-known online

Online casino payment methods are among the most nasty stumbling blocks that online casino gamblers try to avoid. Being aware of all the nuances of payment methods is crucial since these can eventually make or break the whole gambling experience. CasinosHunter explains everything you need to know about casino payments.

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      • Rapid
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  • Popular Bonus
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      100% up to $1,200

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      • Apple Pay
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      • Interac
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      • Apple Pay
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      • Bank Transfer
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      • Apple Pay
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    • Maestro

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    • +4
      • iDebit
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    • Maestro

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      Google Pay

    • +8
      • Interac
      • iDebit
      • Payz
      • Paysafecard
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      • Neteller
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      Welcome Package: 225% up to $3200 • Wagering 40x • Min. dep. $35

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      Interac

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    • Mastercard

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    • +4
      • Paysafecard
      • Neteller
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      • Neteller
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Comparison of Casino Payment Methods in Canada

Casino Payment Methods
Dive into detailed analysis with our review of the best casino payment methods

Online casino payments are indeed one of the most important aspects to always double-check before the potential customer even registers at the site. However, this is also one of the most complicated aspects to check, for several reasons. 

Firstly, many gamblers, especially beginners, are not aware of what to look for, what offers and options are safe and handy, and what banking rules are fair. They often fail to check the payments page on the casino site, let alone read the terms and conditions carefully, and therefore miss some important points about banking rules or bank transfers. 

Secondly, many casino sites often do not provide all the information about their payment options and rules. Some sites do that to conceal some unfavorable details from potential customers, to lure them into playing, while other casino sites try to protect their info from competitors.

Other sites still accept players from too many countries, provide all the payment info for each jurisdiction in one document, and inform each player about their available deposit and withdrawal methods already upon registration in the casino account. 

To make head or tail of casino transaction methods, casino players need to know what payment offers are. The table below shows some of the most widespread methods, but please keep in mind that the withdrawal times, fees, and transaction minimum and maximum are indicated for the transaction methods alone.

But every real money online casino Canada, in turn, can apply additional time for withdrawal processing, add fees, and establish higher and lower transaction limits.

Payment MethodBanking TypeDeposit TimeWithdrawal TimeFeeMin. Trans.Max. Trans.
VisaCredit CardInstant (1 day)1-5 business days1,50%$5$20,000
MasterCardCredit CardInstant (1 day)1-5 business days1%$5$20,000
PaysafecardPrepaid CardInstant (1 day)1-3 business days$2$5$779
NeosurfPrepaid CardInstant-0%$5$1,000
MuchBetterE-WalletInstantInstant to 1-2 business days2% - 5%$5$4,500
EcoPayzE-WalletInstant (1 day)1-3 business days1,6% - 2,9%$5$5,000
Wire TransferBank Transfer-2-5 business days$15 to $40 $100$50,000
 InteracBank TransferInstant (1 day)Instant to 1-2 business days$1 - $1,5$1$3,000
 InstadebitBank TransferInstant (1 day)Instant to 1-2 business days $2$5$5,000
 iDebitBank TransferInstant (1 day)1-5 business days $2$1,5 $1,000
 eCheckBank Transfer -2-5 business days$0.30 to $1.50$100$700
 KlarnaMobile PaymentInstant (1 day)Instant to 1-2 business days $0.30 or up to 5.99%$1$1,000
 Apple PayMobile PaymentInstant (1 day)1-3 business days$0.15 from each $100$5 $5,000 
 Google PayMobile PaymentInstant (1 day)3-5 business days 0%$5$5,000
BitcoinCryptocurrencyInstant (1 day)Instant to 1 business day$7.7550.00001 BTC$10,000 in BTC value
LitecoinCryptocurrencyInstant (1 day)Instant to 1 business day$0.0250.00000001​LTC$10,000 in LTC value
 EthereumCryptocurrencyInstant (1 day)Instant to 1 business day$8.2210.000441 ETH$10,000 in ETH value

Online Casino Banking Guide

Canadian Casino Payment Methods

Casino Account Verification

One crucial process of new account registration that many inexperienced gamblers forget about is casino account verification. However, whether the account is verified or not eventually defines the success of casino banking for the customer. 

When a new customer registers their account, they have to provide certain information and upload certain documents that verify their identity and ability to use funds for betting. The new customer needs to connect their preferred online casino payment method to the casino account to be able to deposit, take bonuses, and make real money bets. 

The catch is, that casino account verification does not happen immediately after registration, because it takes time. The casino operator does not want to scare people off as soon as they register on the platform. Verifications are especially important for payments via bank transfers. 

So, the new customer can play games, make bets, and win real cash in games, but the withdrawal option will not be unlocked until the account is verified. For this, the following steps are to be taken.  

  1. The newly registered player needs to contact customer support and ask them to verify the account; 
  2. User support should look at the casino account and ask the player to upload the necessary documents, in proper quality. Some additional documents may be required to prove age, residence, or paying capacity; 
  3. After all the documents are in place and uploaded, user support starts the verification process, by checking all the info and all the documents. They may contact the bank or the merchant if they have doubts about the customer; 
  4. Some casinos allow the player to continue playing games on the platform as the verification process begins, but some casino sites may lock the account and limit betting with real money before the account is verified; 
  5. In some cases, the casino user support may ask for a phone call or Skype call with the customer, to prove the identity; 
  6. Only after the casino account is verified, the system will unlock the withdrawal function for the player, and they will be able to cash their winnings out.

Pending Withdrawals

Withdrawal is probably one of the most exciting and at the same time one of the most artful aspects of real money gambling at online casinos. Withdrawals are never instant; in all cases, the withdrawal request will be pending for some time, and there may be several reasons for that status. 

Pending withdrawal means that the casino site has accepted the withdrawal request made by the customer, and is currently double-checking whether all the rules and conditions were followed by the customer and whether the customer is eligible for withdrawal. 

As the withdrawal request gets double-checked, several aspects impact the outcome: 

  • Whether the player has their account verified
  • Whether the wagering requirements for the bonus and deposit were met; 
  • Whether there were no suspicious gambling patterns or attempts of scam by the player; 
  • Whether the payment way, currency, or sum of the withdrawal meets the rules.  

Typical withdrawal verification takes from 24 to 72 hours; if the withdrawal requests are only processed on business days, the request made on Friday will be taken for processing only on Monday. Bank transfers may take even longer. As soon as the request is processed, the player will have their money sent to the banking channel of their choice, or get a notification of why the withdrawal request was rejected.

Fees and Limits for Online Casino Banking

When it comes to withdrawal, all withdrawal limits and fees are important to consider. 

Let’s state right away that most casino sites do not apply withdrawal fees, but payment processing companies do apply fees for every transaction. However, if you want to withdraw less than you deposited, or you want to withdraw your initial deposit back without wagering it in real money casino games, most casinos apply a processing fee as part of money laundering prevention. 

There are always minimum and maximum withdrawal limits for cashouts. If you have not taken any bonuses, you just have to make sure your withdrawal request fits the min and max sum allowed by the casino site per transaction\per day\per week\per month (and of course make sure the casino payment limits are also met). 

If you have taken any bonuses and want to withdraw what you won by wagering the bonus, please keep in mind that according to bonus T&C, in many cases the winnings from the bonuses are capped at a certain limit, which is usually lower than the generally maximum withdrawal limit allowed.

Safety and Security for Casino Payments

Online casino banking has to be safe and secure, and there are many ways to double-check whether a casino site offers such banking. 

Potential online casino customers should go and check the Payment page on the site, and the Terms and Conditions document, to see what rules apply to banking. If no such information is provided, they should not be shy to contact customer assistance and ask for precise information on the number of methods, currencies, minimum and maximum limits, transaction time and fees, etc. 

Online casinos that accept customers for real money betting are obliged to give clear and comprehensive information on how many banking options they offer for deposit and withdrawal, what currencies they accept, and what are the limits, fees, and payment times. 

The infographic below discusses the top crucial landmarks of online casino banking; when the casino customer faces these points, it is where he or she have to be aware of the nuances and make correct informed decisions for themselves.

If the potential customer feels they do not get enough information from the casino site, they should feel free to go and choose another platform that is more transparent about its banking.

Credit Cards, Debit Cards, Prepaid Cards

One of the most popular methods of online casino payment is credit and debit cards, and prepaid cards that are issued not by banks but by some online payment processing companies. 

In most cases, debit cards and credit cards are handy and efficient for depositing, but they are not good for withdrawals, since banks in many jurisdictions, including Canada, do not allow transactions from merchants that look like online casinos.

At the same time, certain countries limit depositing with credit plastic cards, to prevent people from depositing and gambling with money they do not own.

Visa Visa

Most casinos accept Visa plastic cards, so depositing with Visa is fast and convenient. However, withdrawals are usually impossible for Visa cards, as Canadian banks are not allowed to accept funds from online casinos. Transactions via Visa credit cards are safe and protected, and the fees are low.

Mastercard MasterCard

Mastercard plastic cards are even more popular for online gambling since this system is generally more gambling-friendly. The deposits are fast and convenient, but withdrawals are not always possible, depending on the bank and the jurisdiction. Players have to go to their local bank to get a credit card from Mastercard.

Paysafecard Paysafecard

Paysafecard is an online voucher that enables fast and safe online payments and is completely casino-friendly. One can even order a Paysafe plastic card issued by Mastercard. The transactions by those prepaid cards are encrypted, and the fees are very low per payment. Withdrawals are allowed from a prepaid card by Paysafecard.

Neosurf Neosurf

NeoSurf is a prepaid voucher that can be purchased online or offline, and used for online payments. No registration is needed to use the service, and the transactions are instant. However, withdrawals to Neosurf are impossible due to the nature of the system. This is a widely accepted payment in Canada but it can be tricky for withdrawing funds if you use only vouchers. 

E-Wallets

Ewallets are second the most popular among payments in online casino gambling, due to the outstanding flexibility they offer to both users and merchants. However, the probable downside of the ewallets is that they are not so straightforward in the payment terms and conditions, so the users should be extra attentive in checking out the rules, and keep in mind the differences between different options, to choose the most convenient ones.

MuchBetter MuchBetter

Another popular payment, MuchBetter uses contactless technology for payments and is handy for online payments. It is also completely casino-friendly and already has several awards as a payment operator. It is safe, has low fees, allows transaction monitoring, and is accepted by many casinos. Many players who prefer mobile gambling use MuchBetter.

ecoPayz Casinos Payz

Payz is one of those digital wallets that continues to evolve while remaining online casino-friendly. Payz offers several products for online payments, including a plastic debit card by Mastercard. This company has an official mobile application, applies low fees, and allows using several accounts or cards. The transactions are instant and anonymous.

Skrill Skrill

Skrill is currently not available for online casino payments in Canada. Skrill is one of the most popular options, being casino-friendly. The transactions are instant and very small fees are applied. Skrill also allows paying with cryptocurrencies within the same account. However, lately, most top online casinos do not allow Skrill as a payment solution for Canadians.

PayPal PayPal

Although it is a secure payment, PayPal is currently not available for online casino payments in Canada. You are unlikely to find a Canadian online casino that has it now. PayPal is very convenient and secure for online payments, and many casinos have it. PayPal offers low fees, and fast transactions, and has an official mobile application.

Wire Bank Transfer Options

Bank transactions are often perceived by casino players as one of the most reliable, safe, and protected ways of sending money to and from online casinos. Gamblers believe that if the casino site thinks scam, they will not risk messing with banks.

However, the truth is, if the casino site thinks scam, firstly, they will not include bank transactions in their payment ways, and secondly, they will scam earlier, before withdrawal via a bank wire transfer takes place. 

So, bank transactions are safe and reliable, but they do not protect you from scams. Moreover, they are slow, and not all banks will allow transactions to and from casino sites, even if the site itself has this option.

Wire Bank Transfer Wire transfer

Wire transfer is a bank-to-bank wire transfer of funds from one entity to the other, using purely platforms and instruments provided directly by the bank (banks) that hold the funds. Bank transactions are reliable and well-protected, but extremely slow, can be suspended, and are not casino-friendly. A wire transfer can still work as a deposit method but is not good for payouts as these casino transactions turn out extremely time-consuming.

Interac Interac

Interac is a completely casino-friendly online payment system that facilitates bank payments. Interac is linked to many Canadian banks, accepts CAD, makes fast and easy payments, and applies a stable small fee. Transaction limits are flexible, and the transactions are well-protected so this is an amazing deposit method.

Instadebit Instadebit

Instadebit is a mediator between banks, payers, and online merchants. It works with many Canadian banks, accepts CAD and other currencies, and allows multiple accounts with multiple bank cards. The transactions are fast and the fees are low. Interac is online casino-friendly and many Canadian players consider it the best payment.

iDebit iDebit

iDebit facilitates payments to and from bank accounts but adds additional security by concealing the users’ data from merchants. iDebit does not require account registration, has small fees, allows tracking transactions, and is popular with casino sites. This is another accepted payment method in many casinos.

eCheck eCheck

eCheck is a fast and secure system of online payments from banks. As a rule, online casinos only offer eCheck for withdrawals. The casino site sends the player a digital check with all the data needed for bank wire transfers, and the user sends it to the bank that cashes the money out for the player. One of its advantages is totally secure transactions.

Klarna Klarna

Klarna is a mediator between banks and users, allowing payers to pay online from their bank account, but not directly exposing their sensitive data to the merchant. Klarna is casino-friendly, flexible, and has many convenient instruments for split payments, loans, cashouts, etc.

Mobile Payment Options

Since playing online casino games for real money from mobile devices has become a more and more widespread trend every year, mobile casino sites are extremely popular, and mobile online payments are, as well. Having a mobile option at hand is convenient for faster and more controlled online casino deposits and withdrawals. Many payment processors have their official mobile apps, but there are purely mobile options, too.

Apple Pay Apple Pay

Apple Pay is an online payment system indigenous for iOS devices only. To send and receive money via this system, both parties have to use an Apple account and have the other party in their contacts list. Payments are confirmed via Face ID, Touch ID, or passcode. It is one of the online casino deposit methods that has become wildly popular lately.

Google Pay Google Pay

Google Pay works as a hybrid of a bank-user mediator system and a prepaid voucher. The user connects the bank account, and the Google Pay system generates one-time passcodes for transactions. The system is fast, intuitive, and totally online casino-friendly so many online casinos implement it.

Cryptocurrency Deposits

In addition to all the transaction methods described, online casino gamblers can take advantage of the speed, control, transparency, and protection provided by cryptocurrency payments. Cryptocurrency casino sites offer deposits, bets, and withdrawals in crypto coins, which can turn out really beneficial for the gambler.

Bitcoin Bitcoin

Bitcoin is one of the most widely accepted cryptocurrencies in online casinos. It supports fast, secure, and transparent transactions. Moreover, some casino sites offer special bonuses for BTC deposits and even create exclusive games for betting with Bitcoin. This is an accepted payment in many casino sites.

Litecoin Litecoin

Litecoin is almost as widely accepted as Bitcoin but is easier for gamblers to manage. Casinos do not create special Litecin games, but cryptocurrency bonuses are still available for Litecoin gamblers. Also, Litecoin online casino deposits are usually cheaper and more affordable.

Ethereum Ethereum

Ethereum keeps gaining popularity with online casinos. Transactions via Ethereum are fast, transparent, secure, and irreversible, and the parties are anonymous. If the online casino has bonuses available for crypto deposits, Ethereum is usually also eligible.

Final Thoughts

Choosing a payment method for deposits and withdrawals carefully is one of the best things an online casino player can do for themselves. 

If payments work well in the casino, everything else is manageable but if payments fail then the casino is not functioning properly. So every player should read guides like this one from CasinosHunter to know what payment solutions are available and how they work for casino transactions. 

FAQ

Harold Cobbins
Written by
Harold Cobbins
Casino Reviewer, Tester
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    Harold is CasinosHunter's key researcher. He scrutinizes casino sites, ensuring they meet strict industry standards and CasinosHunter’s criteria. His detailed reviews highlight potential pitfalls and benefits, focusing on customer data security and fair gambling conditions.

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