Best Casino Payment Methods in Canada

Security is our number one priority when recommending gambling sites. On this page, we discuss how reputable casinos use strong security measures to keep their players’ information safe by offering secure online casino payment options and maintaining high overall security standards.

Safest Online Banking Casinos (March 2024)

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Decide on the Best Casino Banking Option

A gambling site that prioritizes the security of your personal and financial information will also offer you a safe and worry-free gambling experience. Security features will help you can make an informed decision on choosing a payment method that protects your sensitive data.

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Encryption

Maple only recommends casinos that use 128-bit Secure Socket Layer (SSL) to protect your personal and financial information.

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Two-factor authentication

Look for casino banking options that ask for an extra verification step, for instance a special code (one-time pin) sent to your phone, to make sure it’s really you making the transaction. Multi-factor authentication makes it less likely that hackers can easily steal your information or funds.

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Secure account management

Ensure that the payment method provides secure account management features, such as strong passwords, account activity notifications, and the ability to easily update your account information.

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Fraud protection

Check if the payment method offers measures to detect and prevent fraudulent activities. This includes monitoring transactions for any suspicious or unauthorized behavior.

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Reputation

Research the reputation and trustworthiness of the payment method. Look for user reviews and ratings to see if others have had positive experiences with it and if it is known for being reliable and secure.

Secure Payment Options with Maple Casino

Our dedicated team has a rigorous vetting process when it comes to finding you the most reliable banking options. Whether you prefer traditional methods such as credit cards or bank transfers, or more modern options from e-wallets to cryptocurrency, you can be sure that we’ve got you covered with legitimate payment options.

Since gambling is a big industry in Canada, there a quite a few choices when it comes to deciding on a provider for making deposits. There are several secure and well-known payment methods available for Canadian players.

Here is a rundown of the most popular payment methods in Canada:

 

1. Credit and debit cards

With the ability to support both local and international casinos, traditional banking options offer a convenient way for players to gamble online.

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Credit Cards

Credit cards are the most widely accepted way to make deposits at casinos. They usually have a higher maximum deposit amount and offer quick and easy transactions. The most popular credit Mastercard, Visa, American Express and Discover.

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Debit Cards

For Canadian players, only Canadian Imperial Bank of Commerce (CIBC) and Bank of Montreal (BMO) debit cardholders can make direct deposits to their casino accounts. Players can also use Visa,  Mastercard, and Maestro debit cards to make deposits.

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Interac e-Transfer

Interac e-Transfers allow Canadians to transfer money by sending funds securely and conveniently using only an email address or mobile phone number. The only downside is that the service is not always free. Only Tangerine, Motub Bank, EQ Bank, Alterna Bank and Simplii Financial allow you to conduct free transactions, while the rest may charge.

2. E-wallets

E-wallets provide an extra layer of security and privacy for online transactions.  They use two-factor authentication and a virtual private network to encrypt internet traffic and hide your IP address from prying eyes. The most popular ones are listed here.

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Paypal

With PayPal, you can use your bank account or credit card to put money into and take money out of gambling sites. The online payment platform also offers buyer protection and a way to settle disputes, making your transactions even safer.

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EcoPayz

ecoPayz gives you the flexibility of adding money to your player account securely and offers multiple funding options, including bank transfers, prepaid cards, and credit cards.

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NETELLER

NETELLER is no longer available at online casinos in Canada due to regulatory reasons. You could previously make a payment into your Neteller account via bank wire, credit card, or other electronic wallet, and then link it to their online gambling accounts.

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Skrill

Skrill is a hassle-free and secure e-wallet. Even though many Canadian online casinos and betting sites accept Skrill, it is only at Ontario online casinos that players can make deposits and withdrawals. Players outside the regulated province may need to explore other payment options for their transactions.

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MuchBetter

MuchBetter is a mobile e-wallet that is designed for online gambling. The platform provides a user-friendly interface and features such as rapid deposit and withdrawal speeds, as well as loyalty rewards.

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UseMyBank

UseMyBank could be accessed through the Big Five banks in Canada, which made it convenient for many Canadian players. You could use this payment option to replenish your player account without sharing sensitive financial details with the gambling site. Once you chose a bank, you’d be redirected to their bank’s website to complete the payment. Unfortunately, this service was discontinued.

3. Bank Transfers

A direct bank transfer, also known as a bank wire transfer, is the process of transferring funds directly between your bank account and gambling account. This payment method uses encryption technologies to protect your private during the transfer process which reduces the risk of unauthorized access to your funds.

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Instadebit

Instadebit is used to deposit funds into your casino account or withdraw winnings. To make these secure online transactions, you will need to create an account and link it to your bank.

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Trustly

This payment method allows you to make quick bank transfers from your online banking accounts without having to register or download an additional app.

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iDebit

iDebit is a fast and easy way to pay without having to use a credit card. All you need is an existing online banking account to make use of the platform.

4. Prepaid Cards

Prepaid cards are convenient and anonymous because they don’t connect to your bank account. Since they come with a set amount of money, they are a practical option for people who want to avoid credit card debt and keep a gambling budget.

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Paysafe card

Paysafecard operates on a voucher-based system, which eliminates the need to provide sensitive financial information to gambling websites. Each voucher has a 16-digit PIN code that can be used to gamble online.

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NeoSurf

Thanks to its user-friendly interface and fast processing times, Neosurf is quickly becoming the go-to payment method for many casinos online. The prepaid card uses a unique PIN code to transfer funds to an account, allowing players to make purchases and deposit funds into their casino accounts.

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ecoPayz

While ecoPayz is widely known as an e-wallet, it also offers pre-paid cards. Advanced security features include two-factor authentication and encryption, which ensure that your personal and financial information are always protected.

5. Crypto Payment Methods

With the increasing number of crypto casinos, a diverse range of digital payment options have emerged. These payment options offer instant transactions or lower fees for Canadian players, allowing them to easily deposit and withdraw funds from their crypto casino accounts.

The Best Crypto Currency for Canadian Casinos

If you want to keep your online gambling activities private and secure, use these payment options. These payment options are widely accepted at the top crypto currency gambling sites.

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Bitcoin

Commonly known as “digital gold”, Bitcoin is the most widely accepted cryptocurrency at online casinos in Canada. It offers a decentralized and secure payment method that allows players to make anonymous transactions.

Ethereum is an accepted cryptocurrency at Bitcoin Casinos

Ethereum

Ethereum is a blockchain platform that uses Ether (ETH) as the digital currency. For online gambling, Ethereum’s fast transaction times and low fees make it an attractive option for players looking for efficient and cost-effective transactions.

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Litecoin

The digital currency is often been referred to as the silver to Bitcoin’s gold. Litecoin is known for its ability to handle a higher volume of transactions and provide quicker transaction confirmations compared to Bitcoin.

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DOGECOIN

Dogecoin is often used for tipping and small donations due to its low transaction fees. It was created for fun, featuring the Shiba Inu dog from the “Doge” meme as its logo. Despite its origins, Dogecoin has gained a dedicated following and acceptance as a digital currency.

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Bitcoin Cash

The currency created in 2017. Compared to Bitcoin, it offers larger block sizes, allowing for transactions to be processed at once, making it more efficient and cost-effective.

Deposit Options

While there are several trusted casino payment methods that Canadian players can use to safely deposit money, it is important to note that deposit options vary from casino to casino.

 

Minimum deposit casinos

Finding a casino with low minimum deposits is a good way to test a potential new casino partner. There are some online betting shops that allow new players to deposit as little as $5. That’s a small commitment to test out all the popular slots and table games on a quality casino site. You can check out how safe the site is regarding your personal information, how the games play, and whether the general feel of the casino suits your preferences.

Many trusted casinos have low minimum deposit amounts for new players. Usually, it depends on the method of payment you are using and sometimes, currency can also come into play. It would be in your interest to check out which casinos have these low deposit amounts.

Compare deposit methods at our top online casinos

CasinoDebit/Credit CardsE-walletsPrepaid CardsCryptosBank Transfers
1 North Casino Yes Yes Yes Yes Yes
2 Hell Spin Casino Yes Yes Yes Yes Yes
3 GreatWin Casino Yes Yes Yes Yes Yes
4 Izzi Casino Yes Yes No Yes Yes
5 Bodog Casino Yes No No Yes Yes

Withdrawal Options

Withdrawing money should be as simple as depositing it. All casinos should provide a variety of withdrawal options that are secure, efficient, and quick. This is especially important for online casinos, where players may be located in different parts of the world and use different banking systems.

Casino withdrawal policies

There are slight differences in withdrawal policies between casinos.

Some online casinos may require you to verify your identity before you can make a withdrawal. You might need to provide:

  • A proof of your identity, which should match the registered name and last name on the casino account.
  • A recent utility bill that shows the players’ address.
  •  Submit a picture of the front and back of all registered credit cards at the casino.


Failure to provide these after it has been requested, or the submission of fraudulent documentation, will result in your casino account being locked.

How to withdraw funds

Your chosen casino will have a BANK button – you will need to click on this. You will then have to select a WITHDRAWAL option from a list of choices. Next, you can then select the amount you would like to withdraw. Once you have completed the withdrawal process, the amount will leave the balance, which will be in a pending status for 24 hours. This means that you can reverse your withdrawal within 24 hours of submitting your request. Thereafter, the withdrawal will be in the casino’s cash-in management system.

Please remember that you don’t have to withdraw your winnings at the end of each gaming session. You can leave your account with a positive balance, which will automatically be saved in the system and made available to you the next time you log in and play.

You are able to withdraw a positive balance in your account and receive your money via one of the payment methods chosen.

Examine our top online casinos withdrawal methods

When it comes to cashing out your winnings, having a variety of reliable and convenient options is important.
Below, you will find a comparison of withdrawal methods offered at our recommended casinos:

CasinoDebit/Credit Cardse-WalletsPrepaid CardsCryptosBank Transfers
1 North Casino Yes Yes Yes Yes Yes
2 Hell Spin Casino Yes Yes Yes Yes Yes
3 GreatWin Casino No Yes No Yes Yes
4 Izzi Casino No Yes No Yes Yes
5 Bodog Casino No No No Yes Yes

Cash Check or Play Check

If you’re concerned about fairness and reliability, you’ll be pleased to know that most casinos offer you two ways to track your interactions:

CashCheck

View a history of your financial transactions by simply clicking on the CashCheck icon within the casino software. You’ll get full details of your casino purchases and payouts, provided in a bank-like statement.

PlayCheck

Check and review all your game play activity. This web-based utility, which is accessed from within the casino software, provides you with a detailed, bank-like statement that catalogues and details each and every wager.

Responsible Gambling

One of the most important signs of a legitimate casino is the ability to set deposit limits. This feature encourages good money management and stops overspending. Setting daily, weekly, or weekly limits on how much you can deposit and self-exclusion are two ways that players can practice responsible gambling.

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