The Best Online Casino Deposit Options for Residents of Canada

If you are a fan of betting websites, some of the most important factors which will influence your decision on whether to register at a betting website are likely to include its game collection, licensing authority, user-friendliness and customer service.

However, there is another important factor whose ability to influence the convenience with which you will be able to make and receive payments, makes it particularly worth considering too: the casino's deposit options.

But what payment methods are you most likely to come across when wagering at online establishments which cater to Canadian residents? We invite you to find out below.

Most Common Deposit Options

Payment methods in this category are those which you are most likely to find across the board even at online wagering establishments that offer limited choices. Examples include:

• Credit and debit cards: Most Canadian online casinos will accept MasterCard and Visa. However, certain establishments may also accept Maestro, Solo and Visa Electron.
• E-wallets: Another highly popular choice, e-wallets are another widespread and especially convenient method generally accepted at virtual wagering establishments. The most popular methods are PayPal and Skrill (Skrill 1-Tap is also available on certain websites). However, it is also possible to find establishments which accept Astropay, Ecopayz, Entropay and Neteller. Another suitable payment method for Canadian gambling fans is Interac-e-transfer.
• Wire Transfer: Another suitable choice for Canadian residents, wire transfer is considered especially secure due to the SWIFT system it employs.

Additional Casino Deposit Options

In addition to the payment methods mentioned above, there are additional options which are accepted by betting websites. It is also worth noting that a few are becoming increasingly widespread due to the convenience they offer clients. Examples include:

• Cryptocurrency: The most popular virtual currency happens to be Bitcoin and several top tier Canadian casinos now permit clients to make deposits using it and even provide rather generous welcome bonuses to registered members.
• Mobile payment methods: A rather recent introduction, especially renowned for its convenience, this method involves the use of your mobile balance or a payment added to your mobile phone bill to top up the balance of your wallet. Examples are Boku, Siru and Zimpler.

Key Points Worth Noting

• Payment method bonuses: Certain Canadian betting websites may provide payment method bonuses to clients. Quite frequently, the methods involved happen to be e-wallets or other alternative methods. For example, such a website may offer a bonus of 100% for up to $200 to clients who use Neteller over a set period of time.
• Minimum and maximum deposit amounts: Betting websites frequently set minimum and maximum values for the payment transactions you are permitted to process. These values may vary depending on the payment method you select. For example, a betting website may set minimum payment values for all payment methods at $10, while setting maximum amounts at $50,000 for credit and debit cards but $15,000 for payment wallets.
• Transaction processing times: Unlike transactions involving withdrawals which may take a whole business week, those involving payments into your account are often instant meaning you will be able to start placing wagers right away.