Online casinos are booming worldwide. The fact that there is so much convenience in operation is furthering their success. Casino owners understand this rise in interest and are trying to match up. Most games offered are visually captivating and somewhat thrilling.
However, no casino can be successful unless it offers a robust and free payment system. If the payments falter, it won’t take much time for the players to shift to a competitor site. Though there are multiple payment platforms, just a few of them are trustworthy.
Here, Nodepositz.com shares with you the 5 Best online gambling payments for online casinos in Canada.
If you are still the traditional type when it comes to payment, then Bank wire is the best choice. Though it is pretty secure with regards to payments, the processing time is slightly longer. Most casinos offer free spins in Canada.
Certain Canadian banks allow online gambling, the list of which is mentioned below:
· Bank of Montreal
· Bank of Nova Scotia
· Canadian Imperial Bank of Commerce
· Royal Bank of Canada
· Toronto-Dominion Bank
Debit and Credit Card
Debit and credit cards are popular ways of casino payments in Canada. But these cards are helpful in other countries like the USA, UK, and Australia as well. Almost all adults in Canada have a debit or credit card at least.
Plus, this is one of the most secure methods of making payments. The card details you enter into the system are protected by SSL encryption. There is no way that anybody can steal your card details. The most common online payment methods in card platforms are:
· VISA Electron
· Master card
The younger generation of players prefers casino e-wallets. Some of the options in this category are PayPal, Paysafecard, Skrill, Neteller, Ecopayz, etc. Another factor that works in favor of the e-wallets is the ease of use it propagates.
Pay by Phone casino payments
Many users access the gambling platform through their mobiles. Naturally, then they would want to use a pay by phone method to make their payments. Pay by Phone is when you make the payment through the network provider, and he adds the payment to your monthly bill. The most common names in this payment method are:
Off late, bitcoin has gained popularity as a payment mode in an online casino. It is probably because there is transparency in these methods. Some casinos offer a bonus if you use Bitcoin to fund your account. Customers use Bitcoin for the anonymity they get and the fact that the currency is resistant to deflation.
Comparison between the best Canadian payment systems and other countries
Credit Cards- Globally, Credit cards are the most popular payment method, whether it is in Canada or any other country. In 2018 cards accounted for 41% of eCommerce transactions which mainly came from areas of Europe and America.
eWallets- They are all set to conquer the online payment market. In fact, by 2022, it is expected that nearly 50% of the world would use eWallets for casino payments. In countries of the Asia Pacific region, this had a share of 60% transactions in 2019.
However, Bank transfers are less preferred, and only 9% of the world uses them for casino payments.
Aspects of Online casino gambling
Online casino gambling is going to soar further in the future. With the trust of safe payments, more and more people prefer it to others. Plus, the exciting games on display would entice anyone to continue playing. Some aspects of Canadian online casino which make them popular are:
· Secure payments
· Variety of games
· The convenience of playing from home
· It can be played through apps as well
The choice of payment mode plays a vital role in online casino gambling. Payment modes like Interac are created to provide you safe payment processing. With the help of Interac, you can tackle any kind of online payment like debit and e-transfer.
You can send money whenever you want to. With Interac at your disposal, your online payout in a casino can proceed smoothly and safely. Install the same if you ever want to make any payments while dealing with money in online casinos.