When you’re spending a few minutes playing at your favourite online casino, you don’t want anything to get in the way, and certainly not making deposits and withdrawing your winnings.
There are many different Ontario casino payment methods at your disposal. But how do you choose the quickest, easiest, and safest method? By using our guide, that’s how. We look into all of the most common payment methods and deliver information on their pros, cons, and best uses, so you can find exactly the right one for your gaming.
Whether you’re looking for deposit options at Ontario casinos, or withdrawals, we’ve got the goods. Here’s a quick comparison of the different payment methods available online gaming sites in the area.
| Payment method | Fees | Transfer times |
|---|---|---|
| Debit and credit cards, such as Visa, Mastercard, and American Express | No fees for deposits, and usually no fees for withdrawals. However, you should be aware that Amex accounts may have an annual cost. | Instant deposits. Withdrawals can take 1–5 working days. |
| Digital wallets, e.g., PayPal and Neteller | No fees for deposits. Large withdrawals, or multiple withdrawals over one day, may be subject to fees from the casino. | Instant deposits. Once processed by the casino, withdrawals can be with you in hours. |
| Prepaid cards, e.g., Paysafe | No fees for making deposits. Some casinos may impose a fee on larger withdrawals. | Instant deposits. Casinos won’t allow you to withdraw to prepaid cards, but Paysafe cards can allow you to withdraw funds. |
| Banking transfers | No fees. Some casino sites may charge you a fee for withdrawals over a set limit. | Deposits are instant. Once processed by the casino, withdrawals are usually instant. |
Debit and credit cards are one of the most popular of all online casino payment methods at Ontario casinos, and probably the best known. Credit cards give you a set limit to spend, whereas debit cards only allow you to use the money that’s available in your account.
Debit and credit cards are quick to use and allow you to make a deposit and start playing in minutes. They also have a number of sophisticated security measures in place to protect you from fraud.
Two of the most famous examples of debit and credit cards are Visa and Mastercard, which are available worldwide and have a stellar reputation. They are issued by your bank and give you lots of different choices around limits and rewards depending on the type of account you have. You can have a look at our list of Mastercard casinos in Ontario on our site.
American Express is a credit card (and has recently released a debit card) that isn’t issued by a bank, but by Amex themselves. This gives you access to different rewards and potentially higher deposit limits.
Digital wallets, such as PayPal and Neteller, are another common online casino payment method in Ontario. Digital wallets act like a separate bank account that can be used to just make transactions online. Players can link their digital wallet to their bank account or debit/credit card, and then use that money to make deposits and withdrawals. This means you’re only sharing your financial details with one provider, the digital wallet, rather than the casino itself, making this a very safe payment method.
Some digital wallets, such as PayPal, will also provide users with rewards.
Prepaid cards, such as Paysafe, allow players to make deposits at online casinos without having to enter any credit or debit card details so are a very secure option, and suitable for those who may not have a bank account.
Once you’ve registered an account with a provider, you’ll be able to buy a prepaid card with a balance between CAD10 and CAD100 at specific retail locations. Then you can top up your online account with the code, or codes, you’ve purchased and use them to make deposits at a casino.
Casinos won’t let you make withdrawals to a prepaid card, however, Paysafe have introduced a service called paysafecard which does allow you withdraw your funds. To help you manage your account more efficiently, there’s also a Paysafe app for iOS and Android.
Bank transfers, also known as wire transfers, are one of the very simplest online casino payment methods at Ontario casinos. They allow you to make payments to a casino by sending money directly out of your account into a casino’s account.
There’s no need to open up a specific profile, as you may need to when using PayPal, or download any software to be able to make bank transfers. However, some banks may require you to use a card reader device or security codes for added safety. You might also need to verify a payment, which can sometimes be done through an app for maximum convenience.
Some banks may also use services such as Interac to facilitate wire transfers. This is an email money transfer (EMT) system, which is Canada specific. You can have a look at our top Interac casinos in Ontario on the ballislife.com site.
Using any of these casino banking methods at Ontario gaming sites is a pretty hassle-free process. These are the basic steps you’ll need to follow to make a deposit, no matter the payment method you’ve selected:
Making a withdrawal using Ontario casino payment methods is just as simple as making a deposit. Follow our steps for a smooth guide to getting your cash:
Online casinos in Ontario are home to a broad assortment of payment methods, from the classic Visa and American Express, to the more recent addition of eWallets, such as PayPal and Neteller.
Every single payment method has its own distinct advantages and disadvantages but which one you ultimately choose depends on you. If you’d rather collect your winnings quicker, then you’ll want to steer towards a method that can deliver lightning withdrawals. But if you’d rather opt for simplicity, you might want to consider a method that has fast set-up times.
PayPal, Interac, Visa, and Mastercard are currently the most common payment methods used at online casinos in Ontario. They offer speedy processing times and are very simple to use. However, the best payment method is really up to personal preference. Whichever one you prefer though, we can help you out with our lists of the best AMEX casinos in Ontario, and much more.
You sure can. eWallets, such as PayPal and Neteller, are a very popular payment option at lots of casino platforms thanks to their advanced security features and accessibility. They are accepted at lots of the best real money online casinos in Ontario, but you can check out our site to find out more.
Visa is one of the most widely accepted online casino payment methods at Ontario sites. You should have no problem finding a casino which accepts it. But, to make sure your top casino definitely does, it’s always a good idea to read through our casino reviews.
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