Some new reports show that Canada has more than 19 million active online gamblers, making the country an attractive iGaming market.
However, before anyone can join the action for real money, they must fund their accounts first. While the step may seem easy to passionate players, newbies and rookies may have a headache or two. No worries, though! Getting your loonies into your Canadian online casino account does not have to be a hassle.
In fact, the process is quite straightforward once you understand how it works. That is exactly what this article will cover. Learn how making casino payments functions, what methods you can use, and how long deposit processing takes.
You are one article away from making your first headache-free online casino deposit!
First Things First – Depositing Explained
Choosing a reliable banking method is essential when it comes to topping up your casino account. What is more important, however, is understanding the process first. This section will teach you how to initiate and complete an online casino deposit at any Canadian gambling site.
The first step is to join a trusted casino that welcomes players from Canada. Luckily, the offer is extensive, and you will not have to look too hard. Just note that there are different rules for those based in Ontario. The province has recently introduced local gambling regulations and its own regulatory body. So, if you are from Ontario, you must only play at Ontario-licenced gambling sites.
Anyway, once you choose where to play, you wil have to complete the registration procedure. This typically does not take long. Newbies need to fill out a form that includes a range of personal details that help with ID verification later on. Also, you will need to enter a username and a password, which you will use to enter your account.
Once your online casino is up and running, you can continue to the cashier. This is where the depositing magic happens. Canadian casino sites often have several different methods. You get to choose one of them, and that’s how you initiate the deposit.
Enter any login details (if necessary) and select the payment amount. Submit the request and wait for the money to appear in your account.
So, let’s summarise:
Join a Canadian online casino.
Go to the cashier.
Select the payment method.
Fill out any fields and submit the request.
Wait for the money to appear!
Easy peasy.
Popular Canadian Casino Banking Methods
Now you know what to expect when putting money into a Canadian online casino. You know the steps, and that’s out of the way. The next question that arises is – what method should I use?
Well, there are actually several options. In general, they are all reliable and safe as long as you play at a trusted casino. Some minor differences make one iGaming banking method better for some types of players.
We’ll cover the basic ones below. Read them carefully and see which option would suit your expectations and needs the most.
Interac
Interac is a popular e-banking provider in Canada, and about 70% of Canadians use it to handle their finances. One of its uses is related to online gambling, i.e., depositing money into online casino accounts.
Using Interac at online casinos is convenient, quick, and safe. It takes only a few steps, including signing up with the gambling site, to complete your funds upload. The money will appear in your account within minutes and be ready for use.
Interac deposits typically don’t include any processing fees and support CAD banking. Finally, the method can be used for withdrawing, as well. That is another reason so many Canadians prefer it for their casino payments.
Cards
We all know that credit and debit cards are the most popular payment method in general. Nearly everyone has at least one card, and the process of using it is the same everywhere – Canadian gambling sites included.
Making card payments takes a few steps and is instant. In most casinos, you will also be able to cash out to your card. Once you set up the card, you will not have to enter the exact details repeatedly.
There typically should not be fees as operators often choose to cover the processing charges. In some cases, there may be some low processing fees as well as some charges imposed by your bank. Either way, cards are fast and secure online casino banking methods for Canadians.
E-wallets
Canadian casino sites want to offer their customers convenience. It works for them if a person can quickly add funds to their casino account. Every hurdle on the way can result in a lost customer. That is where e-wallets like Skrill, Neteller, and even PayPal enter the picture.
E-wallets are very popular and commonly used among Canadians, and for a good reason, too. You can instantly transfer money from and to your casino account with a single login. No extra fees are involved, and your card/bank details remain private. There is nothing not to like here!
Bottom Line
Canadians have many options for adding loonies to online casino accounts. Getting the money out is equally easy. Just make sure to play with a licenced and trustworthy gambling site, and you have nothing to worry about.
Who knows. You may be the next person to make headlines by hitting a massive online casino jackpot.
Good luck!
