Online Casino Payment Methods

All gambling begins with the selection of a payment method. This applies to both deposits, and withdrawals of bonuses and winnings. Different Canadian casino payment methods fit different types of players. It is essential that you choose an option that fits your style and budget. The common denominator is that all casino payment methods we review at CasinoBullet are safe.

Anton Veil
11/12 2018
11/23 2018

The most Common methods for deposits and withdrawals

Credit cards and prepaid cards

Credit cards such as Visa and Mastercard are among the most popular payment methods in serious Swedish gaming sites. There are also similar variants such as Visa Electron and Maestro. Virtually all established and newer game resolutions like Genesis Casino offer this transaction option.

Paying by credit card is safe. However, one should be aware that there is often a charge when using this method. Prepaid cards like Paysafecard Canada and Ukash are good choices for those who want to have a better track of how much they play for. These cards are available for purchase online or in city stores. 


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Bank transfers

Traditional bank transfers are an excellent choice for those who want to avoid impulsive gambling. This is a reasonably common transaction option that you will find on serious gambling sites. A transaction can take a couple of business days to complete. So, if you are a player who wants to get started instantly, this method is not for you.

On the other hand, you adapt your gambling to your current economy. Another advantage is that you can both deposit and withdraw more significant amounts. The company Trustly is a more modern transaction option when it comes to casino payment methods. It has been widely celebrated, and the company grows immensely fast.

Mobile payment and E-wallets

Mobile plays a significant and growing role in our lives. Mobile payment casino is therefore offered at leading Canadian online casinos like Untold.

EcoPayz is a type of internet wallet where you can deposit money using several different payment methods, and then use your EcoPayz account to pay online. The Ecopayz payment method works well from your mobile device as well. When using Ecopayz, you do not have to provide your card or account information in several places. Just log in, and pay with EcoPayz Casino. EcoPayz is a British company that is available worldwide. The company came to be in 2000, and in recent years there have been significant developments, especially in last years when development has progressed rapidly. Regarding agility, security, and speed, it is difficult to beat electronic wallets. This method of transaction is prevalent and common in almost all casinos.

Great advantages

One advantage is that you can pay anonymously without providing sensitive information to the gaming site. You only need to select the e-wallet and enter your email to carry out the transaction.

Examples of this kind of the highly appreciated and popular e-wallets Skrill and very popular, before mentioned, ecopyaz. When you use e-wallets, you have a virtual account linked to a credit card. The transactions are safe and fast. Paypal is also a serious and popular transaction method for paying online. However, it is less common in casinos. We find it a big plus if a casino has PayPal as a method available for payment.


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What kind of player are you?

We're all different. The player's lifestyle, economy, and style of play are important factors when choosing a casino payment method. What kind of player are you? Below we pair different game types with varying methods of payment for an online casino. If you want to pay all the expenses together at the end of the month, casino invoices are significant for you who want to play now, but first, pay the party at the end of the month. However, we do not recommend you use this type of payment method since it can be hard to control your gambling using this method. 

Using E-wallets, you prioritize speed and high security. Electronic wallets are an excellent choice for those who like fast, safe, and smooth transactions. You can find them at Duelz, among others.

If you are searching for more controlled gambling. Bank transfers and debit cards like VISA and Mastercard are great options if you want more control over your gambling. You can set a limited budget if you're going to avoid gambling problems. Prepaid cards like Paysafecard and Ukash are in this case good choices for you.

Payment methods and bonuses

As a new customer, you are often offered a bonus when you make your first deposit. Sometimes this bonus is not provided if you use, for example, a specific electronic wallet. It is therefore crucial that you examine which payment methods are approved so that you do not miss your bonuses and free spins. Also, find out if the bonus is paid out automatically or not.

At some gambling sites, you first need to tick the bonus box to activate the offer. Excellent bonuses you will find among our favorite sites like Goliath, and Casinopop.

Withdraw money from an online casino

The withdrawal method does not necessarily have to be identical to your deposit method. However, some players prefer to use only electronic wallets or internet banking.

Find out if there are any charges on your withdrawals. If so, it may be wise to use another withdrawal service. The payout time varies between the different transactions. Sometimes it pays to get their profits out quickly for a smaller fee. In other words, the choice of method depends on your preferences and priorities.

You can always change payment methods

Remember that you can always change the method if you change your preferences, and gambling patterns. At good casinos, you can one-week use one way and then switch to another payment service. It is also an advantage if you can use one method for deposits and another for withdrawals if this works better.

Conclusion

There are many variants of payment methods for online casinos. We recommend you use the one you feel suits your needs best. In the end, it is up to you what ways you choose to use. We are just your humble casino guides.


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