Deposit Methods

Deposit Methods

Canadians love to gamble and play at online casinos. In fact the most favourite games of Canucks are the lottery types games and slot games. Earlier about few years back online casinos were not legalized and playing some real money games was not allowed by law. But times keep on changing and soon Canadian authorities legalized online casinos and gambling. It was started by British Columbia province to first legalize online poker games and lottery games in 2010 and soon rest of the states too followed like Quebec, Manitoba and others.

Now you can find so many online casinos that offer superb games for Canadians. These casinos are licensed under the Canadian gambling regulator named as the Kahnawake Gaming Commission and its members oversee the remote gambling sector.

Some of the best Canadian online casinos are Maple Casino, Royal Vegas Casino, All Slots Casino, Jackpot City Casino, Crazy Vegas Casino and many others. Now as the casinos are legalized so that means you have the best services too here not only to play games but also to make payment at the casino to play real money games in Canadian dollars and in Canadian deposit methods.

Remember the all the transactions that you do online at Canadian casinos are safe and secure and you need not worry about the safety of your money or your personal details. Though the deposit methods available at each online casino may differ a bit but now you can use any method to fund your online casino account that suits you best. This is because you might need to check with your bank institutions whether they allow such transactions to casinos or not, otherwise also there are many options to do the deposits so choice is yours

Here are the best and reliable method of deposits at online casinos to enjoy games.

VISA Cards

This is one of the most common method of deposit used at online casinos. Some of the major Canadian bank institutions issue VISA debit, credit and prepaid cards.

You can get your VISA card from any one of the following banks like Le Mouvement Desjardins, Vancouver City Savings Credit Union, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Chase Canada, Laurentian Bank, Scotiabank, Citizens Bank, TD Canada Trust, Home Trust Company and many others.

As Visa cards is most widely used on over 150 countries you will find this as the best medium to fund your online casino like you use this for making your online and offline purchases in online stores.This also depends on the type of VISA you own.

Using VISA Prepaid card

In case you want to use a prepaid VISA, you do not even have to create an account but you are required to visit one of the bank institutions and ask for a prepaid card to be issued. Most VISA prepaid cards are reloadable and you can choose from several convenient reloading options. You can directly transfer funds from your debit card to the reloadable VISA. Another option is to go in person to the bank institution and have it reloaded, or you can deposit new funds online.

When you make a deposit at the casino with VISA prepaid card you need not worry as it is safe and secure.

Most VISA Prepaid cards do not come with a PIN code, so you have to select the CREDIT option. The amount you decide to deposit will be automatically deducted from your balance. Don’t forget that some bank institutions require you to activate your prepaid VISA prior to the first time you intend to use it.

Using VISA Credit Card

If you choose to deposit at the casino with your VISA credit card then you are required to go to the online casino deposit section and fill in the required fields. Once transaction is approved, you will be able to play casino games instantly. You are billed on your next statement and if you pay the necessary amount on time, the funds you have used during the previous month, will not be a subject to heavy interest. Remember but two things when making a deposit with such cards. First every credit card has a limit and you cannot go beyond that. Secondly you may use up your bank roll quickly and can be prone to over spending.

Using VISA Debit Cards

Another method to use is VISA Debit cards which is also convenient alternative for depositing funds at the online casino. Though the depositing procedure much the same but as the amount is immediately deducted from the available balance you can go broke and so better have a control on your spending when using this method. One advantage is that if you connect your VISA debit with your casino account, you can withdraw your winnings directly into your bank account.

MasterCard

MasterCard is also like VISA and is used to deposit funds at online casinos. You can purchase your MasterCard from any of these financial institutions in Canada: Wells Fargo Financial Corporation Canada, Bridgewater Bank, JP Morgan Chase, Comerica Bank, Alberta Treasury Branches, TD Canada Trust, DirectCash Bank, HSBC Bank Canada, President’s Choice Financial, Citibank Canada, National Bank of Canada, Bank of America, RBC Royal Bank, CIBC and many others.

Like VISA here also there are three cards that you can use to make a deposit at the online casino. You can use a prepaid card, debit or credit card. But unlike VISA, MasterCard does not allow players to withdraw their casino winnings.

Using Master Prepaid Card

In order to get a prepaid MasterCard, you have to visit either a merchant or a bank institution that issues them. Remember that each prepaid card has a limit and you can reload it as many times as you wish. Also check out as some of them have expiration dates. Again if you want to reload your card, you have to visit a merchant that provides such kind of services or directly go to the bank that has issued your MasterCard. Some kinds of prepaid cards allow direct deposit from your checking account. Also you need to keep track of the balance of your prepaid card as not all merchants offer you to see the remaining balance on the receipt you get when you do a transaction.

Using Master Credit Card

The majority of online casinos accept MasterCard credit cards as a method for depositing money. There are wide variety of cards intended to suit your needs and lifestyle. If you want to make a deposit to an online casino, you have to go to the cashier and select the MasterCard credit card option and fill in the required information. You will see details about the transaction in the next bank statement.

Using Master Debit Cards

Debit cards are a widely accepted payment method in Canada for online casinos. In order to deposit funds, you have to go to the cashier and select MasterCard Debit from the list of available payment options. Then, you have to determine the amount you would like to be deposited and the funds should be available in your account within a few minutes. The main advantage of the debit card is that you spend money you actually have. The amount is instantly deducted from your balance.

Instadebit

Instadebit is one other method of making a deposit at the casino which is easy and convenient to use.  It allows  you to instantly deposit fund and withdraw winnings, while other methods of deposit require some paperwork to be done or it just takes too much time until you have your funds available.

This method is also secure and there are no fees for depositing or withdrawal. You can create an account with Instadebit provided you have an account in one of the following Canadian bank institutions: RBC, TD, Scotiabank, BMO and some other credit unions.

All you need is to first set up your Instadebit account. During the registration process, you will be required to enter personal and bank details such as your name, address, and the last digits of your social security card. Remember none of your details will be shared with third parties as it is safe and secure.

Then you enter information about the bank account you want to link with Instadebit. In order to complete that step, you will need your account number, routing and branch numbers.

After all this you have created an account, now you wait a bit until your identity is verified. A small amount of money will be deducted from your bank account and you will fund the sum deposited into your Instadebit account. Keep it in mind that the transfer may take up to 3 business days. Then, you have to log into your Instadebit account and verify that it belongs to you.

Once the verification is completed, you can start using Instadebit for funding your casino account.

At online casinos when using this mode you are supposed to go to the cashier, select Instadebit as a preferred depositing method and initiate a transaction. The amount you want to deposit will be immediately deducted from your debit card balance and you will be able to start playing within a few minutes.

PaySafeCard

PaySafeCard is also one of the widespread method for depositing funds to online casinos. It is a plastic, pre-paid card used for making online and offline purchases. Its main advantage is that you are not required to share sensitive bank and personal information. Depending on your location, you can find PaySafeCard sold as an electronic voucher. There is no need to enter your bank account number. You just have to get a card featuring a denomination of $5, $10, $25, $50 or $100.

In order to pay via PaySafeCard, you have to enter your username and password. It might not be necessary to enter the 16-digit code you were given upon acquiring the card. Just keep track of your banking history through your profile. The PaySafeCard is a reloadable one, which means you can add funds to it. The PIN remains the same regardless of the number of times you reload it.

At online casinos when using this method you just have to select PaySafe as a primarily depositing method and enter the required information.

Ukash

Ukash is commonly defined as the payment method that is easy to use and most of all, it does not require you to have a bank account. All you have to do in order to purchase Ukash is to go to a store where it is available and exchange a certain amount of money for a 19-digit code. Whenever you want to initiate a transaction and make a payment with Ukash, you have to select it as a payment method and enter the 19 digits you have been given in exchange for your cash. Unlike the prepaid VISA and MasterCard, you are not required to activate this Ukash card.

ClickandBuy

ClickandBuy is another easy and  preferred method for depositing funds into online casinos. Canadian players find it convenient due to the fact that the sensitive bank information is kept confidential. This can be funded by linking your credit or debit card. The amount is immediately deducted from your balance.

Citadel Direct Canada

Citadel Direct is a convenient payment solution that makes it possible for players to deposit funds to their online casino accounts by making a direct transfer from their bank account and complete various online and offline purchases. Citadel provides both parties customers and merchants with the required level of protection, efficiency and transparency.

Citadel Direct makes the depositing procedure fairly easy to players. You are not required to create a new account. If you want to make a deposit with Citadel Direct, you have to log into your casino account and select it as a payment method. Depending on the casino you have an account with, it can be named Internet Banking, Instant Banking, etc. In order to complete the transaction, you will be required to enter the necessary bank and personal details. Your transaction is a subject to approval and you will be enabled to start playing within a few minutes.

FundSend

FundSend is another payment method that enables you to deposit funds to a preferred online casino or directly transfer money from one bank account to another. However, in order to be eligible to send money through FundSend, both you and the receiver should have active accounts. Every FundSend account has a unique ID, which is required when a transaction is initiated.

Keep it in mind that it may take up to several business days for a transaction to complete. You can use FundSend in case you have a VISA/ MasterCard debit/credit card, Maestro or Delta and you are based in one of the following countries: France, Canada, Norway, Germany, United Kingdom, Denmark, Brazil, Finland, Sweden.

Bank wire

A bank wire casino payment method or wire transfer is a very secure way to fund your account. Payments are received instantly and when you use this method to make a deposit, you identity is confirmed and the funds you send are guaranteed. This is a very secure payment method and one where you bank is also involved in the transactions. The potential for fraud using this casino payment method is minimal. You will also find a bank wire being referred to as a bank transfer, electronic funds transfer or EFT.

900 Pay

900pay casino payment method is a new way to deposit funds into your online casino account using your phone. If you don’t have a credit card and you don’t want to use your bank account to make deposits, this is a great choice. This payment option is available to Canadian and US players and there are plenty of great Canadian online casinos accepting 900pay.

E Check

Choosing an e-check casino is a great choice for Canadian players. This simple to use method allows you to transfer funds from your checking account so you can fund your casino account. It works in a similar way to paper checks, without having to use any physical items. All the instructions you need are given electronically and it is another very popular banking method at online casinos.

Eco

The EcoCard casino payment method is an eWallet found at online casinos around the world including Canada. This payment option works just like all the other third party payment processors. You add funds to your EcoCard using your credit or debit card and then you transfer these funds from your EcoCard account into the cashier section at your online casino.

Entropay

The Entropay casino payment method is a very popular third party payment processor that can be used to fund your online casino. It offers low fess, instant funding of casino accounts and is a very safe and secure way to move money around online. This payment option is available for Canadian players and there are dozens of great Canadian online casinos accepting Entropay. This payment options allows for totally anonymous payments which means your personal financial information is always secure.

Neteller

Neteller is another e-wallet service that you can find as way to make your deposit at the online casino. They are a third party payment service that allows you to transfer funds and make purchases online without having to reveal your credit card or other private financial information.

One thing is now popping your mind again and again and that is the efficiency and security in using the above deposit methods. Be assured that reputed online casinos uses SSL encrypted security as well are licensed casinos so no fraud in all of these transactions. However it is always advised to protect yourself from fraud so better not open any spam emails urging you to click on certain link. Remember no bank institution will ask you for a bank account number, user name or your password. Also play at reputed online casinos that have good feedback, great customer support, have many choices to make for deposits and are really paying your winnings.

Now just go to your favourite online casino check what kind of deposit methods you prefer in the available options when you log into your account. Pick up a depositing method you are comfortable with and follow the instructions.

As for withdrawals it depends on the online casino you have an account with but in most cases, you have to go to the cashier and select the withdraw option. Then, you will be prompted to choose one of the above-mentioned methods for withdrawing your winnings. The withdrawal usually takes at least three business days.

Now relax and enjoy your online casino experience with some awesome game play and big wins.

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