Canada Casino Payment Methods for 2024

So you’ve made an online casino account, or you’re in the process of making one. You gave the operator all your details and have gone through the KYC verification process.

The next step in your magical journey of casino enchantment is to fund your account. At Canada Sports Betting, we know there are a ton of online casino payment methods. We understand they can get super overwhelming, especially with talk of using e-wallets like PayPal, prepaid cards and things you’ve never heard of prior to signing up.

To help you make the best choice possible, we’ll walk you through the top casino payment methods in Canada so you can make secure transactions and get to enjoying your online gambling experience faster.

As always, we recommend all our readers to gamble responsibly. Only deposit money into your online casino account that you can afford to lose.

Haven’t signup for an account yet? Check out our guide on the best online casinos in Canada.

  • Mobile-friendly
  • Simple and clean website design
  • Live chat support is available 24/7
  • Superb live casino streams
  • Terrific mix of standard and innovative casino games.
  • Over 300 popular casino games
  • Outstanding array of slots
  • Superb live casino streams
  • bet365 operates pursuant to an agreement with iGaming Ontario
  • Covers all the popular types of casino games, including bingo.
  • Excellent variety of table games, including live games.
  • Doesn’t directly support Bitcoin or cryptocurrency.
  • Over 300 popular casino games
  • Android & iOS apps for mobile gaming
  • Free demo options for playing for fun
  • Mobile-friendly
  • Simple and clean website design
  • Live chat support is available 24/7
  • Superb live casino streams
  • Terrific mix of standard and innovative casino games.
  • Over 300 popular casino games
  • Outstanding array of slots
  • Superb live casino streams
  • bet365 operates pursuant to an agreement with iGaming Ontario
  • Live chat and phone support available 24/7
  • Mobile friendly design
  • Huge collection of casino and live casino games
  • Over 300 popular casino games
  • Android & iOS apps for mobile gaming
  • Free demo options for playing for fun

Top Canada Casino Payment Methods

From our research, the deposit methods most trusted by Canadian online casino players are listed below. Most, if not all, trusted online casinos will offer these methods to fund your account. The simpler the payment method, the more likely a casino will offer it. Online casino operators don’t want to create any more barriers to entry for potential customers which always works in favour of the player who seeks simplicity.

🏢 Logo💵 Payment Method⬇️ Deposit Time📋 Read More
interacDebitInstantSites Accepting Debit
InstadebitInstantSites Accepting Instadebit
Apple PayInstantSites Accepting Apple Pay
iDebitInstantSites Accepting iDebit
Master CardMastercardInstantSites Accepting Mastercard
VisaInstantSites Accepting Visa
PaysafecardInstantSites Accepting Paysafecard
PayPal1 Minute – 5 DaysSites Accepting PayPal
Skrill1 Minute – 5 DaysSites Accepting Skrill
PayzInstantSites Accepting Payz
Click2payClick2PayInstantSites Accepting Click2Pay
e-TransferUp To 30 MinutesSites Accepting E-Transfer
Wire Transfer1 Minute – 5 DaysSites Accepting Wire Transfer

Credit and Debit Cards

Credit and debit cards are by far the most used payment methods for anything online, including depositing money into online gambling sites. The player will get an almost instant deposit because the payment processing systems that operators use can move the transaction quickly and safely.

The main difference between a debit card and a credit card is that a debit card takes money directly from your bank account. A credit card draws funds from a credit account, which you’ll have to pay back at some point.

When making online transactions, some Canadians may prefer to use credit cards as they usually have better customer protections. It’s not to say debit cards don’t, but there’s a longer process to make disputes and such. But as long as you use your debit and credit cards on trusted payment platforms, you shouldn’t have to worry much.

In our research, we’ve found that customers tend to use these debit and credit cards to fund their online casino accounts:

  • TD Canada Trust Visa Debit Access Card
  • RBC Royal Bank Visa Debit Card
  • BMO Debit Mastercard
  • Scotiabank Gold American Express (Credit Card)
  • BMO CashBack World Elite Mastercard (Credit Card)
  • Tangerine World Express Mastercard (Credit Card)

E-Wallets

An e-wallet is a service or software program where you can store digital currency to make purchases online. Like a debit card, it’s funded by a customer’s bank account. The wallet can be stored on a smartphone, computer, or tablet and is password protected.

E-wallets are pretty hassle-free and the user doesn’t need to remember their debit or credit card details by heart. If there is some sort of breach and information gets leaked to some unsavoury actors, those hackers would have access to only basic information, not the method used to fund the e-wallet itself.

Casinos don’t mind because e-wallet deposits as they go easily through the system. Everyone is safe, protected, and happy.

Prepaid Cards

A prepaid card is a payment method that people use who don’t want their financial details online. Prepaid cards can be bought with cash and found almost anywhere including grocery stores, drug stores, gas stations, etc. When using prepaid cards to fund an online casino account, it’s important to note that some operators only accept certain types of prepaid cards. If you plan to use this payment method, it’s absolutely imperative that you make sure the casino you want to use accepts the prepaid card you’re looking to buy before purchasing the card at a retailer.

Here are some examples of e-wallets and prepaid gift cards:

  • PayPal (E-wallet)
  • EcoPayz (E-wallet)
  • Paysafecard (Prepaid Gift Card)
  • Visa and Mastercard Vanilla (Prepaid Gift Card)

Bank Wire Transfers

A bank wire transfer is a payment method where money is electronically transferred to and from banks or transfer agencies worldwide. It’s normally used to transfer large amounts of money.

Let’s say a player wants to deposit a large amount of money into their accounts. The usual methods of online casino deposits, like using a debit or credit card, e-wallet or prepaid card, might not work because the amount will exceed the limit that the customer is allowed to deposit. Thus, the player may be forced to do a wire transfer.

Here’s how a wire transfer works: a player who has coin to burn wants to deposit $25,000 into a safe and regulated online casino. The player goes to the bank to transfer funds. First, they would give the bank their personal details and the operators’ transfer details. Then they pay whatever fees the bank charges, then the money is deducted from that player’s bank account. From there, the operator would confirm with the customer that they received the transfer and the funds would be in the player’s account.

Interac E-Transfers

An Interac e-Transfer is the electronic version of cash in Canada. It’s linked directly to a person’s bank account and it’s a payment method used to transfer funds within Canada, not outside of it. Let’s say you owe your buddy Julian the $60 you borrowed to ‘”play the VLTs,” but you don’t have three $20 bills lying around. You could send him a $60 e-Transfer. Obviously, in the context of casino payment methods, Interac e-Transfer is right up there with debit and credit cards because it’s so easy to use, and the deposits are rather quick.

When you want to make a secure transaction to a casino through an e-Transfer, the operator will give you an email address and a code to enter in the message part of your transfer. You’ll go to your banking app or your bank’s online website, select the e-Transfer option, input those details, and click send. Within minutes, it’ll be in your casino site online account.

The most money you can send through Interac e-Transfer, depending on your account limits (which vary from person to person), is usually $3,000. If there’s a mix-up and you enter the wrong reference code or forget to input the code altogether, the deposit time will slow down significantly. Just be sure to copy and paste everything correctly so there are no slip-ups. It saves everyone’s time.

Alternative Canada Online Casino Payment Methods

In this next section, we look at alternative payment methods to the more popular payment methods we mentioned above.

Pay By Phone

Paying by phone is pretty much what it sounds like. Instead of using the internet, you’ll talk to a living and breathing human being on the phone to complete the transaction.

This is how a pay-by-phone transaction usually goes: you call the casino and give them your account details. The rep will ask you if you want to make a deposit and how much you would like that deposit to be. You give them the details. They ask for a payment method, which can be anything we discussed previously. They’ll use that info to get the money and add it to your account. By the end of the call, your account will be funded.

Cryptocurrency Payments

Cryptocurrency has really grown in popularity over the decade or so. As such, more places are beginning to accept cryptocurrencies like Bitcoin and Ethereum as a deposit method.

We don’t want to get into the weeds about Bitcoin and cryptocurrencies in general, but there are many grey market casinos that operate solely with crypto. We don’t recommend using those sites. Anything that’s unregulated can be messed with, and there’s the potential you can get screwed over. Stick to the regulated sites and only transfer money to trusted crypto wallets.

Here are the most popular cryptocurrencies people use to fund their casino accounts:

  • Bitcoin (BTC)
  • Bitcoin Cash
  • Ethereum
  • Litecoin
  • Tether

One thing to keep in mind is that crypto is extremely volatile. What could be worth $1,000 today could be worth $75 tomorrow, and vice versa.

Apple Pay & Google Pay

Remember how we talked about e-wallets? That’s basically what Apple Pay and Google Pay are. These services get attached to a bank card, a bank account, or a credit card. When the user wants to buy something, they use the e-wallet to pay. Through the service, people pay for their stuff, and everyone goes home happy.

Online casinos love this method because it’s pretty simple and easy to process. Now, more than ever, people are using iPhones and Android devices that come with these apps preinstalled, so any operator who’s looking to receive payments has to offer the option. Lest they get left behind in the unforgiving world of online casinos.

If the app isn’t already preinstalled on your device, you can find them in your app store. Once it’s downloaded, just follow the signup process.

Canada’s Best Casino Payment Providers

  • InstaDebit: Almost all Canadian casinos offer InstaDebit payments. The method is safe, secure, and fast. Customers have rated InstaDebit highly for its usability. It’s pretty easy to sign up to and use on any device. If anything goes awry in the process, the customer support is solid, even when there’s a high volume of customers looking to get help.
  • MuchBetter: Outside of InstaDebit and all the other methods we’ve so candidly discussed, MuchBetter is right on the same level. Many people trust this payment provider to make safe and secure transactions with little to no work on the customer’s end. Signing up to use MuchBetter is fast and easy; paying is even easier. A lot of online casinos are offering this method and for good reasons. The service is solid.
  • iDebit: The online payment method has been getting some love from casinos. Many casinos are offering it, and players seem to be using it. The transactions are pretty quick. Maybe not as fast as others, but the process for getting the money from your iDebit account into your online casino is simple and mindless.

How We Review the Best Casino Payment Methods in Canada

You’ve made it this far! We know these things can be one heck of a bore, but then again, you need to know what you’re doing when choosing your deposit methods. When you’re confused, that’s when mistakes happen.

In this next section, we’ll highlight what we look for when reviewing online casino deposit methods.

Free and Minimal Transfer Fees

Listen, we don’t want to deal with transfer fees, and if we have to deal with them, those fees sure as hell better be cheap. You don’t want to get penalized for doing the casino a favour by giving them your gosh darn business. You want to be rewarded.

Ideally, the expectation would be to have free transfers. At least, that’s what Canadian gamblers should seek, especially when withdrawing funds. Transaction fees will never become an industry stable if the customer demands better. The online casinos will have to adjust the quality of their supply to meet the demand. If there’s no demand, guess what? Those operators are out of business.

We recommend only using online casinos that value your business by not burying you with unfathomable transfer fees.

Quick Deposits and Withdrawals

You’ve probably heard someone say that the faster an online casino withdraws your funds, the better they are. While factually that’s true. That means its processing system works quickly, and there’s no need for the customer to constantly be opening up support tickets because a deposit didn’t go through, but the money has been taken out of their bank account.

There are many horror stories online of withdrawals being lost or not sent to the person on time. That’s no fun, especially when a lot of online casinos in Canada are so quick to take your money. That’s why we only suggest online casinos that take no more than 48 hours to process a basic withdrawal through a method like Interac e-Transfer.

Minimum and Maximum Deposits

It’s always important to check the minimum deposit for online casinos. Most offer relatively inexpensive starting points, like $10, but other casinos might require a higher minimum.

Why do casinos have minimum deposits? Because their payment service needs to make money so they make you pay a fee to push the transaction through. Consider this: if you want to deposit a small amount and the cost of putting that transaction through costs the service provider more than it would make through the fee you pay, why would that service put your deposit through? The goal is to profit, which is why some limits will be higher than depositing with Interac e-Transfer or a debit card.

The same thing applies to a maximum deposit: if a service like InstaDebit doesn’t want to take on more than it can chew because it doesn’t make sense for the service, the service isn’t going to allow it. That’s why there are sometimes limits to what you can withdraw.

Most online casinos will limit you to withdrawing $5,000 per week. The ranges vary, so it’s important to look at the terms and conditions for each casino.

Odds are if you’re looking to withdraw a larger amount north of $3,000, you’ll have to do it through a bank wire transfer.

Casino Payment Limits and Fees

Getting back to the higher roller thing. You’ll want to make sure the online casino you’re using doesn’t punish you for depositing at the limit. For example, let’s say the limit is $10,000 and you double that money by playing blackjack or roulette.

Now, you’ve got $20,000 that you want to take out, but the withdrawal limits have been reached. In that case, you’ll want to know how that would be handled and what fees would apply to such undertakings.

For example, will the online casino send you a cheque? How long are the wait times? Most of us will never be in this situation, but all it takes is a couple of lucky spins on the slots and you could have an excessive amount of money.

Fast Withdrawal Casino Options

The good thing to remember is that most of us will be well within the deposit and withdrawal thresholds, so depositing and withdrawing money should be a breeze.

Most online casinos in Canada are super quick at doing withdrawals. It’s very unusual to have to wait longer than 24 hours. Of course, certain withdrawals take longer than others, especially if you’re using e-wallet services.

In many cases, the quickest withdrawal method is Interac e-Transfer. The money goes right into your bank account—there is no need to transfer it from an e-wallet to a bank account. It is very mindless and hard to mess up. Most processes take up to 48 hours at the longest.

Another quick withdrawal method is a direct bank transfer or wire transfer. The only downside to that is there could be some fees. But the money is sent and received pretty much instantaneously.

Online Casino Account Safety

Any regulated online casino will have the best and most secure deposit and withdrawal methods you can use. All the top online casinos we talk about on this site offer high-level end-to-end encryption to protect customers’ sensitive banking information. Each and every transaction is secure.

As long as users do their part to protect their information by only giving banking details to trusted sources, they should be fine.

Payment Methods for Popular Online Casinos in Canada

Once you’ve established your preferred casino payment method, it’s time to find the online casino that’s right for you. Some of the best Canadian online casinos are listed below, along with all of the payment options accepted when depositing and/or withdrawing funds.

Feel free to check out several online casinos, and be sure to take advantage of any exclusive welcome bonuses. If a welcome bonus is a deposit match, ensure that the promo is active before making any instant deposits. Without further ado, here are our top online casinos.

1. bet365 Casino

  • Deposit Methods: Visa, Mastercard, Maestro, Neteller, Skrill, PayPal, Paysafecard, Entropay, and bank transfers.
  • Withdrawal Methods: Visa, Mastercard, Neteller, Skrill, PayPal, Paysafecard, and bank transfers​.

To learn more, feel free to read our bet365 Casino review.

2. Casumo Casino

  • Deposit Methods: Visa, Mastercard, Neteller, Skrill, Paysafecard, ecoPayz, Apple Pay, Boku, Giropay, and bank transfers.
  • Withdrawal Methods: Visa, Mastercard, Neteller, Skrill, Paysafecard, ecoPayz, Apple Pay, and bank transfers​.

For more information, please visit our Casumo Casino review page.

3. 888casino

  • Deposit Methods: Visa, Mastercard, Neteller, Skrill, PayPal, MuchBetter, Paysafecard, and bank transfers.
  • Withdrawal Methods: Visa, Mastercard, Neteller, Skrill, PayPal, MuchBetter, and bank transfers​.

For additional details, be sure to check out our 888casino review.

4. Sports Interaction Casino

  • Deposit Methods: Visa, Mastercard, Interac, Paysafecard, ecoPayz, Instadebit, MuchBetter, iDebit, and bank transfers.
  • Withdrawal Methods: Visa, Interac, ecoPayz, Instadebit, iDebit, and bank transfers​.

To get a more in-depth analysis, head over to our Sports Interaction review.

5. BET99 Casino

  • Deposit Methods: Visa, Mastercard, Interac, ecoPayz, MuchBetter, iDebit, Instadebit, Paysafecard, and bank transfers.
  • Withdrawal Methods: Visa, Interac, ecoPayz, MuchBetter, iDebit, Instadebit, and bank transfers​.

For the full breakdown, don’t hesitate to consult our BET99 Casino review.

6. ComeOn! Casino

  • Deposit Methods: Visa, Mastercard, Neteller, Skrill, Paysafecard, Trustly, and bank transfers.
  • Withdrawal Methods: Visa, Neteller, Skrill, Paysafecard, Trustly, and bank transfers​.

7. TonyBet Casino

  • Deposit Methods: Visa, Mastercard, Neteller, Skrill, ecoPayz, Paysafecard, Bitcoin, and bank transfers.
  • Withdrawal Methods: Visa, Neteller, Skrill, ecoPayz, Paysafecard, Bitcoin, and bank transfers.​

To learn more, please visit our TonyBet Casino review page.

8. Betway Casino

  • Deposit Methods: Visa, Mastercard, PayPal, Neteller, Skrill, Paysafecard, and bank transfers.
  • Withdrawal Methods: Visa, PayPal, Neteller, Skrill, and bank transfers​.

For additional details, be sure to check out our Betway review page.

9. BetVictor Casino

  • Deposit Methods: Visa, Mastercard, PayPal, Neteller, Skrill, Paysafecard, and bank transfers.
  • Withdrawal Methods: Visa, PayPal, Neteller, Skrill, and bank transfers​.

10. Pinnacle Casino

  • Deposit Methods: Visa, Mastercard, Neteller, Skrill, PayPal, MuchBetter, Paysafecard, and bank transfers.
  • Withdrawal Methods: Visa, Mastercard, Neteller, Skrill, PayPal, MuchBetter, and bank transfers​.

Responsible Gambling in Canada

When playing at the online casinos mentioned above, please keep moderation in mind. All of the casinos above will have a ‘Responsible Gaming’ or ‘Responsible Gambling’ section informing users about the risks of problem gambling. Learn the signs associated with problem gambling, and how to avoid those habits. Here are some tips to help you play responsibly.

  • Never gamble with money you can’t afford to lose.
  • Don’t gamble while feeling sad or depressed.
  • Avoid the use of alcohol and other substances while playing.
  • Only use gambling as a form of entertainment.
  • Practice effective bankroll management by setting limits.
  • Create a gambling budget and stick to it.

Resources & Tools

If you think you or someone you know might have a gambling problem, here are some valuable tools and resources that can provide help:

Canada Casino Payment Method FAQs

Review our FAQs below for answers to our most common inquiries about the most popular Canada casino payment methods.

What are the best online casino payment methods in Canada?

Some of the best casino payment options in Canada include credit and debit cards, e-wallets (like PayPal), Interac e-Transfers, cryptocurrency, and bank transfers. Other options like Apple Pay and Google Pay are becoming more commonplace as well.

Does the payment method used affect deposit and withdrawal speeds?

Yes, the payment method you use can greatly affect transaction times. Making a deposit through any payment method will typically be processed with minutes. On the other hand, withdrawals will vary. For example, debit and credit payouts can take anywhere from 1-5 days, whereas digital wallets (e-wallets) and crypto wallets often have payout speeds of 24 hours or less.

Do online casinos in Canada accept cryptocurrency?

Yes, many Canadian casinos now accept crypto payments. Popular options include Bitcoin, Ethereum, and Tether.

What is the safest way to deposit funds at Canada online casinos?

Most people feel the safest making a deposit through Interac e-Transfer, e-wallet services like InstaDebit and PayPal, and prepaid cards. This is simply because all of these options give out minimal banking details during transactions, ensuring your data is safe.

What should I do if I suspect that someone has a gambling addiction?

Online gambling addiction is a very serious matter and should be treated as such. If you or a loved one is struggling with gambling addiction, be sure to use responsible gaming tools. If setting limits isn’t enough, please seek help from one of many available resources:

Gamblers Anonymous: http://www.gamblersanonymous.org/
Gambling Therapy: https://www.gamblingtherapy.org/
Responsible Gambling Council: https://www.responsiblegambling.org/for-the-public/problem-gambling-help/help-for-canadians/