Roulette Payments Canada
One measure of the suitability of an internet casino is the kind of payment alternatives that it has for players. Online gambling for real money means that customers must be able to deposit and withdraw money. Over the years, the payment options for roulette casinos have increased. In Canada, players have numerous banking solutions that range from traditional credit cards to virtual wallets. Online roulette payment methods influence how people gamble. Your chosen mode of transaction dictates how fast you make payments, the fees incurred, and size of payments. For this reason, pick a payment alternative wisely.
The selection available depends on the roulette site in Canada where you are playing. One casino can have 40 payment solutions while another one can offer 5. Some online payment methods are only for deposits, while others will allow you to withdraw as well. If you want to transfer funds in other currency besides CAD, the banking method determines your choices. We reviewed some of the popular options for roulette payments Canada has to offer to help players decide on the best ones.
Ecopayz
Ecopayz is an online payment service and an e-wallet that has been in operation since 2002. It is third in the rank of the biggest e-wallets that include Skrill and Neteller. In 2013, the company introduced additional services and rebranded …
Skrill
Skrill is a leading online payments provider that has been in operation since 2001. The company is now under Paysafe Group who bought it a few years after it was established. Paysafe Group is a leading full banking and payment …
Interac
Interac is a leading Canadian fintech company that allows users to transfer cash from one bank to another, deposit and withdraw from casinos, and pay for goods and services. The provider also has a debit card that allows members to …
Trustly
This is a Swedish company that opened its doors in 2008 and was initially called Instabank. It’s an online payment service that was created to enable smooth online bank transactions. Over the years, it has gained a reputation for quality …
PayPal
This service has become one of the favorite methods for making payments by casino players. Most of them are after the security of their money as well as financial information. The service provider has come out strongly in this area …
Neteller
Neteller launched in 1999 in Canada but later relocated to the Isle of Man. It is one of the most-used digital wallets in Canada and the U.S. This casino is part of the Paysafe Groups, just like Skrill. Even though …
MuchBetter
Much Better was created with the idea that consumers could get better payment solutions than what was available on the market. The founders came up with a service that took out the hassle out of online payments. They designed a …
Credit and Debit Cards
Any roulette site in Canada you register at will accept credit cards in some form or other. This payment system is the most common for online use. For some people, they have been using cards for years for various transactions. Therefore, it makes sense to keep transacting with cards even when playing roulette. The simplicity of paying with credit or debit cards is one reason they remain a top choice for roulette players in Canada. Visa and MasterCard are two of the cards accepted at roulette platforms. These brands are reputable and recognized globally, which is why they carry a lot of weight in online transactions. Players have other alternatives, including American Express and Diners Club. Note that with a credit card, you are making roulette payments through a line of credit that you will have to repay. Debit and credit card transactions can incur charges that vary across companies.
Digital Wallets
E-wallets have become some of the most dominant roulette payment methods in Canada and beyond. The more consumers shopped online, the more payment solutions they required to transact with businesses. Virtual wallets were created to fulfill this bludgeoning demand, and the gambling sector was one of the areas to cash in. A digital wallet is good for all types of transactions from personal gifts to shopping. The way it works is that you open an account, deposit money into it then use it for payments.
This simplicity in operation contributes to the convenience of an e-wallet. Account-holders can pay for goods and services across different regions. Digital wallets are appealing to roulette players in Canada because they come with a degree of privacy. When you want to top up your casino account, you only need the email of the recipient. Your credit card information or other financial details don’t have any bearing in the process. It means keeping your data safe. Some of the digital wallets that Canadian players can use include PayPal, Neteller, Trustly, and Skrill. Always confirm that the virtual wallets present on a roulette website are allowed in your region.
Bank Transfers
Sending cash directly from your bank account to a casino is another roulette payment system that you can use in Canada. Direct bank transfers take out the intermediary that you have to deal with when using other methods. A plus point of this is that you can reduce the fees involved because you don’t have to conduct multiple transactions. Bank wires are perfect for high rollers. Casinos can accept up to CAD 100,000 when depositing through bank transfers. The downside of direct transfers is that transactions can incur substantial fees. Roulette players can send bank deposits online through a host of services. If you prefer direct wire, check the options available at an online gambling site.
Prepaid Cards
If credit cards are not your preferred mode of payments at a roulette casino, then prepaid cards are practical alternatives. A prepaid card is ideal for a roulette player who doesn’t want to leave a paper trail. Why is this? Prepaid cards work similarly to conventional phone cards. The user deposits cash onto the card and then pays with it. You won’t have to provide personal details when depositing or withdrawing at online casinos. Prepaid services can help you manage your bankroll better by loading only the amount for which you budgeted. Unlike a credit card, you are spending your own money. Paysafecard and Eco Card are some of the prepaid services you can use for roulette payments Canada.
Mobile Payments
Not so long ago, before the age of smartphones, roulette players could pay for their gaming by phone. A casino would charge your payments to the phone bill. Now, players have another form of this, mobile payments. Some mobile manufacturers provide the option to pay via mobile devices. Apple Pay is the best example. A few casinos have Apple Pay as a banking option for players in Canada. It’s stress-free, safe and fast.
Roulette Payments with Digital Coins
Cryptocurrency continues to gain steam in the online payment sphere as people understand its functioning better than ever. Digital coins are decentralized currency, meaning that they are not subject to regulation by a central bank. Cryptocurrency operates on a blockchain technology where transactions remain anonymous. It’s the biggest reason the currency is a desirable roulette payment system. Several virtual currencies are available to use at roulette websites in Canada.
Bitcoin is the most dominant, but you can also transact with Litecoin, Ethereum, and Dogecoin, among others. Players can choose from exclusive cryptocurrency casinos or sites that give crypto coins as one of the payment methods. The value of a digital currency depends on the market, which makes it highly volatile. Today, one Bitcoin might be worth CAD 15,000 and tomorrow it could be half that amount. Roulette players must factor in the price fluctuations of cryptocurrency when using it for gambling.