Best Casino Banking and Payment Options in Canada 2020

Variety is the spice of life. It’s what makes the modern casino market so great, and we’re not just talking about the amazing game online casino software providers Canada has or choice of apps or web design variety – although those are, of course, marvellous additions to the gaming world. Indeed this variety also extends to the online casino payment methods in Canada themselves.

While these might not catch the eye initially like our other examples, there are few things more important to your enjoyment of a betting site than having your preferred payment option while online gambling in Canada. In some instances, it could even make it impossible to properly utilise an operator’s site. With this in mind, here at GamblingGuy, we’re going to be taking a look at the very best online casino payment methods in Canada.

Overview of payment options at Online Casinos

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New Customer Bonus in $
  • Casino Features
  • Service
  • Deposit and Withdrawal
100/100
Rating
Betway Highlights
  • Huge amount of games
  • Best software providers available
  • Very good customer support
Paysafecard
MGA - Malta Gaming Authority
100% up to
250$
Betway Review Visit Provider
99/100
Rating
Royal Vegas Casino Highlights
  • Large selection of games with hits from Microgaming
  • Very good customer service at the height of time
  • Good licensing plus ECOGRA certificate
Neteller
MGA - Malta Gaming Authority
100% up to
300$
Royal Vegas Casino Review Visit Provider
98/100
Rating
Bodog Highlights
  • Vast array of slots games available to play
  • Huge selection of traditional casino games available
  • Host of options available if you want to play casino games with a live dealer
Credit Card
Antigua
100% up to
600$
Bodog Review Visit Provider
97/100
Rating
10Bet Highlights
  • Good range of casino games
  • Tournaments also available
  • Highly reputable provider
Paysafecard
MGA - Malta Gaming Authority
100% up to
150$
10Bet Review Visit Provider
96/100
Rating
Casino Sinners Highlights
  • Superb list of industry-leading software providers
  • Diverse selection of classic and branded slots
  • An atmospheric and easy to navigate live casino
Credit Card
Curacao
200% up to
800$
Casino Sinners Review Visit Provider
94/100
Rating
Yukon Gold Casino Highlights
  • Nice and simple site design
  • Good welcome bonus offer for casino customers
  • Extensive range of slots games available
Paysafecard
MGA - Malta Gaming Authority
100% up to
150$
Yukon Gold Casino Review Visit Provider
93/100
Rating
Rizk Highlights
  • Games from top developers
  • Excellent live dealer games
  • Good amount of slots
Paysafecard
MGA - Malta Gaming Authority
100% up to
500$
Rizk Review Visit Provider
92/100
Rating
Royal Panda Highlights
  • Excellent live casino
  • Games from top developers
  • Famous slot games
Credit Card
MGA - Malta Gaming Authority
100% up to
100$
Royal Panda Review Visit Provider
90/100
Rating
JackpotCity Casino Highlights
  • 600+ casino games
  • Slots from Microgaming
  • Evolution live dealer games
PayPal
MGA - Malta Gaming Authority
100% up to
400$
JackpotCity Casino Review Visit Provider
89/100
Rating
Casino Room Highlights
  • Very competitive wagering requirements
  • High maximum bonus amount
  • Backed up by personalised promotions
Paysafecard
MGA - Malta Gaming Authority
100% up to
1500$
Casino Room Review Visit Provider
88/100
Rating
Meridianbet Highlights
  • Great range of live dealer games
  • 800+ slots to choose from
  • Games from 13 software developers
Astropay
Tanzania
-
Meridianbet Review Visit Provider
87/100
Rating
Leo Vegas Highlights
  • 1000+ casino games
  • Massive choice of slots
  • Impressive table gaming options
Paysafecard
Denmark
100% up to
1000$
Leo Vegas Review Visit Provider
85/100
Rating
Spin Palace Highlights
  • 24/7 customer support available, 365 days a year
  • Large range of Microgaming slots games on offer
  • 11 variants of blackjack on offer
Paysafecard
MGA - Malta Gaming Authority
100% up to
400$
Spin Palace Review Visit Provider
85/100
Rating
888 Highlights
  • Over 350 casino games to choose from
  • Great live casino
  • Flexible limits on casino games
PayPal
MGA - Malta Gaming Authority
100% up to
100$
888 Review Visit Provider
84/100
Rating
GATE 777 Highlights
  • New casino
  • Over 500 slot machines
  • Interesting welcome bonus
PayPal
MGA - Malta Gaming Authority
100% up to
200$
GATE 777 Review Visit Provider
82/100
Rating
Casimba Highlights
  • Over a thousand slot games
  • Decent live casino
  • Games from quality developers
PayPal
UKGC - UK Gambling Commission
200% up to
5000$
Casimba Review Visit Provider
81/100
Rating
Bet365 Highlights
  • License from Gibraltar
  • Valid safety certificate
  • More than 250 Games
-
MGA - Malta Gaming Authority
100% up to
$100
Bet365 Review Visit Provider
80/100
Rating
NetBet Highlights
  • 300 different slot games
  • Top developers featured
  • Good live casino section
Paysafecard
MGA - Malta Gaming Authority
100% up to
200$
NetBet Review Visit Provider
79/100
Rating
Europa Casino Highlights
  • Decent welcome bonus matches your deposits by 100%
  • Get up to $100 in extra wagering funds
  • Plenty more loyalty bonuses for casino gaming
Paysafecard
MGA - Malta Gaming Authority
50% up to
500€
Europa Casino Review Visit Provider
79/100
Rating
William Hill Highlights
  • 600+ casino games
  • Good amount of developers
  • Great live dealer section
PayPal
Gibraltar
100% up to
300$
William Hill Review Visit Provider
79/100
Rating
Bwin Highlights
  • Games from top developers
  • 900+ casino games
  • 60+ table games
PayPal
Gibraltar
100% up to
200$
Bwin Review Visit Provider
79/100
Rating
Casumo Highlights
  • Over 750 slot games
  • Good table gaming options
  • Games from respected developers
Paysafecard
MGA - Malta Gaming Authority
100% up to
500$
Casumo Review Visit Provider
79/100
Rating
Betsson Highlights
  • 500+ casino games
  • Evolution Gaming live casino
  • All top gaming genres
PayPal
MGA - Malta Gaming Authority
100% up to
100$
Betsson Review Visit Provider
79/100
Rating
Playigo Highlights
  • Impressive library of casino games
  • Excellent live casino suite
  • Stylish and eye-catching design
Credit Card
MGA - Malta Gaming Authority
-
Playigo Review Visit Provider
78/100
Rating
Sports Interaction Highlights
  • Very good design and navigation
  • Several varieties of blackjack
  • Great 200$ new customer bonus
Credit Card
Jersey
100% up to
200$
Sports Interaction Review Visit Provider
78/100
Rating
22BET Highlights
  • 3000+ casino games
  • Good live dealer games
  • Top developers featured
Paysafecard
Curacao
100% up to
450$
22BET Review Visit Provider
78/100
Rating
Karamba Highlights
  • 500+ casino games
  • Massive amount of scratchcards
  • Games from top developers
Credit Card
MGA - Malta Gaming Authority
100% up to
200$
Karamba Review Visit Provider
78/100
Rating
1xbet Highlights
  • 80+ developers featured
  • 1,000+ casino games
  • Decent live dealer section
Paysafecard
Curacao
-
1xbet Review Visit Provider
78/100
Rating
Captain Cooks Highlights
  • 500+ online casino games
  • Powered by Microgaming
  • Top slots and table games
Paysafecard
Kahnawake
-
78/100
Rating
Pinnacle Highlights
  • Decent choice of casino games
  • Developed by renowned studios
  • Generous betting limits
Webmoney
MGA - Malta Gaming Authority
-
Pinnacle Review Visit Provider
78/100
Rating
Montecryptos Highlights
  • Lots of deposit methods
  • More than 1,600 slot machines
  • Decent welcome bonus
Credit Card
Curacao
120% up to
240$
Montecryptos Review Visit Provider
78/100
Rating
Casinoin Highlights
  • Great casino welcome bonus for new customers
  • Get your first deposit matched by 100% up to 1BTC
  • 15 bonus spins for slots gaming included
Credit Card
Curacao
-
Casinoin Review Visit Provider
78/100
Rating
Venetian Highlights
  • Impressive selection of slot games
  • Casino games from quality developers
  • Great instant win games available
Paysafecard
Curacao
-
Venetian Review Visit Provider
77/100
Rating
Zodiac Casino Highlights
  • Over 550 online casino games
  • Lucrative sign-up bonus
  • Customer service available 24/7
Paysafecard
MGA - Malta Gaming Authority
100% up to
100$
Zodiac Casino Review Visit Provider
76/100
Rating
Guts.com Highlights
  • Great variety in payment methods
  • Superb selection of sports and casino games
  • Newsfeed that provides insight into upcoming games and the best slots
PayPal
MGA - Malta Gaming Authority
100% up to
200$
Guts.com Review Visit Provider
75/100
Rating
Winner Highlights
  • Good range of slots games on offer
  • Up to $450 welcome bonus
  • Multiple tables simultaneously in the live casino
Paysafecard
MGA - Malta Gaming Authority
200% up to
450$
Winner Review Visit Provider
75/100
Rating
7Bit Casino Highlights
  • Massive portfolio of casino games to play
  • Excellent live casino suite
  • Generous welcome offers and loyalty rewards
Paysafecard
New Jersey (US)
-
7Bit Casino Review Visit Provider
74/100
Rating
River Belle Highlights
  • Games from Microgaming
  • 500+ casino games
  • Good live casino
Credit Card
Kahnawake
100% up to
800$
River Belle Review Visit Provider
74/100
Rating
Dream Vegas Highlights
  • 1,000+ casino games
  • Top developers featured
  • Great live casino
Klarna
MGA - Malta Gaming Authority
200% up to
2500$
Dream Vegas Review Visit Provider
74/100
Rating
Bethard Highlights
  • 700+ casino games
  • Live dealer games available
  • Top developers featured
Credit Card
MGA - Malta Gaming Authority
200% up to
200€
Bethard Review Visit Provider
73/100
Rating
5Dimes Highlights
  • ASI powered gaming software
  • Good amount of slot games
  • Quality table gaming options
Credit Card
Costa Rica
-
5Dimes Review Visit Provider
73/100
Rating
Quatro Casino Highlights
  • Microgaming powered games
  • Good amount of blackjack games
  • Decent live dealer section
Paysafecard
MGA - Malta Gaming Authority
-
72/100
Rating
Dunder Highlights
  • More than 1,500 online casino games
  • Innovative and intuitive betting platform
  • High-end security protocols in place
Paysafecard
MGA - Malta Gaming Authority
200% up to
50$
Dunder Review Visit Provider
72/100
Rating
Unibet Highlights
  • 750+ casino games
  • Quality live dealer section
  • Games from top developers
Paysafecard
MGA - Malta Gaming Authority
100% up to
100$
Unibet Review Visit Provider
72/100
Rating
Ruby Fortune Highlights
  • Games from top developers
  • Excellent baccarat gaming
  • Decent live dealer casino
Paysafecard
MGA - Malta Gaming Authority
100% up to
150€
Ruby Fortune Review Visit Provider
71/100
Rating
ComeOn Highlights
  • Over 200 games to enjoy
  • Evolution Gaming live casino
  • Other top developers featured
Credit Card
MGA - Malta Gaming Authority
100% up to
35$
ComeOn Review Visit Provider
70/100
Rating
Betvictor Highlights
  • 800+ casino games
  • Quality live casino
  • Top developers featured
PayPal
Gibraltar
-
Betvictor Review Visit Provider
70/100
Rating
Mr. Green Highlights
  • 48 different tables games
  • 1,000+ casino games
  • Top developers featured
Paysafecard
MGA - Malta Gaming Authority
100% up to
50€
Mr. Green Review Visit Provider
70/100
Rating
MyBookie Highlights
  • Casino games from Betsoft
  • Nice live dealer section
  • Good quality slots
Credit Card
Curacao
-
MyBookie Review Visit Provider
70/100
Rating
Genting Highlights
  • 300+ casino games
  • Good amount of top developers
  • Excellent live casino
Credit Card
MGA - Malta Gaming Authority
100% up to
200$
Genting Review Visit Provider
70/100
Rating
Dingo Casino Highlights
  • 100% up to CAD4000 welcome bonus + 200 free spins
  • 96% payout rate
  • Bitcoin accepted as a method of payment
Paysafecard
Curacao
-
Dingo Casino Review Visit Provider
70/100
Rating
VoodooDreams Highlights
  • Extensive game portfolio
  • Great amount of deposit options
  • Engaging and flexible loyalty scheme
Astropay
MGA - Malta Gaming Authority
100% up to
100€
VoodooDreams Review Visit Provider

Most Popular Payment Methods: Online Casino Payment Methods in Canada

There’s no shortage of choices for betting sites, from Bet365, Betway and Bodog to Spin Palace and Sports Interaction. This is also true for payment methods for Canadian users, with many being household names and many others which fill in all the gaps for all the more niche payment needs out there. If you’re looking for individual reviews of operators, then the bet 365 review Canada and Betway review Canada are a great place to start. Here’s a few of the most popular Canadian online casino payment methods for you to choose from:

Credit cards

It should be no surprise to learn that credit cards are the most popular payment option in Canada, as indeed they are in much of the modern world. Plenty of credit card options are out there in the casino works, including Visa, Mastercard, Maestro, American Express and many more. This will be an option in the vast majority of online casinos – take a look at our specific operator reviews, such as Bodog review Canada, to find out whether credit cards are accepted.

Neosurf

This is a prepaid payment method, which involves you buying cards either online or through local retailers. Prepaid cards are often popular due to their security advantages. Other prepaid that are popular among Canadian casino payment methods include Mint and Ticket Premium.

Interac

This Canadian interbank system is a lot more versatile than you might think. It allows for e-transfers and online purchases, alongside mobile integration.

PayPal

Alongside credit cards, PayPal is probably the payment method you’re most likely to see the most of in your online casino Canada banking options. If you’ve bought something online and paid through an e-wallet, then there’s a good chance it was with PayPal. Not only is this option secure, but its international appeal makes it one of the most versatile online casino payment methods in Canada and beyond.

Bitcoin

This is an especially useful option for Canadian users who want to check out sites across the globe and do so in a secure, anonymous way. It’s the world’s most famous and successful cryptocurrency by a long shot, with many sites catering specifically to its users. Other cryptocurrencies are available, but none can touch Bitcoin’s popularity.

Neteller

Designed to work with online casinos, Neteller operates like an e-wallet and is as easy to set up as it is to use. On top of that, it’s safe, secure and even anonymous due to the fact it doesn’t actually store any of your personal details. They even offer rewards to loyal customers from time to time.

QIWI

As easy as it gets, QIWI is a multi-platform payment system that can be used across devices for almost any kind of interaction.

Skrill

One of the most popular e-wallets around, Skrill works in pretty much the same way as Neteller and PayPal, and holds very similar advantages.

Paysafecard

This is another prepaid card method here and one that has found popularity both in Canada and worldwide. It’s also very common to find these days on casino sites and, alongside some other prepaid examples, sets itself apart by allowing people to buy the card in store and use it online without the need to input any personal details.

Entropay

This is a virtual credit card which operates in a similar way as PayPal. It is ideal for instant payments.

Instadebit

Great for deposit and withdrawals, Instadebit is hugely popular across North America. It allows you to transfer money directly from your bank account and back again, creating a simple solution for all your casino banking needs.

Do keep in mind that there are plenty of other online casino payment methods in Canada. However, this shortlist should highlight some of the most popular and give you some idea of the scope of variety that is out there.

Average Time for Deposits and Payouts: Online Casino Payment Methods in Canada

Before we go into general processing times for online casino payment methods in Canada, keep in mind that there are several factors which may affect how fast it takes to deposit and receive funds from some of the best betting apps in Canada. However, this should work as a general guide.

Credit cards: Deposits should be instant, while withdrawals generally take 1-2 banking days.

Neosurf: Although instant deposits are a big part of Neosurf’s appeal, withdrawals will usually take between 3-5 working days.

Interac: Keep in mind that Interac has a few different options. Interac e-transfers can be instant, but processing times can be up to 6 days depending on where you are sending/receiving funds.

PayPal: Instant deposits and withdrawals which should be processed within 3 hours is one of the many reasons that PayPal is so overwhelmingly popular.

Bitcoin: It’s a bit more complicated here, because it entirely depends on the number of confirmations required and the wallet you’re using. Generally, it should not take longer than half-an-hour to deposit. Withdrawals depend on the amount: a rough guide would be $2,000 per 24 hours up to $5,000 in 7 days. This can vary.

Neteller: Exactly the same as PayPal: instant deposit and up to 3 hours for withdrawal.

QIWI: Transfers into your account should be instant. However, QIWI is only available for deposits.

Skrill: Skrill (and Skrill 1-Tap) deposits should both be instant. Just like PayPal, it should take up to 3 hours for withdrawals.

Paysafecard: The Paysafecard voucher is instant. Unfortunately, it doesn’t allow you to withdraw. However, you can if you have a Paysafecard account. This should only take a few hours, with a rough maximum of six.

Entropay: Deposits with Entropay are instant but withdrawals can take up to three days, putting it’s speed behind the likes of PayPal.

Payment Methods Verification Requirements: Online Casino Payment Methods in Canada

The verification process is actually more about your country’s laws and the specific bookmaker you are using rather than the payment type. It is worth pointing out that certain casino sites cater to users who don’t want to share much personal information and generally offer more anonymous payments types like Bitcoin or other cryptocurrencies, for instance, in order to accommodate them. However, for this section, we will assume that you are using a relatively common betting site in this regard where some authentication is required.

Generally two types of verification are required and that is proof of identity and proof of address. Different casinos have different examples of what they accept as proof. Obvious examples include things like a driver’s license or passport,  and utility or tax bills for proof of address. Verifying your account should never take longer than a few days and how you get verified really should be clear and easy to find out from all good bookmakers.

There are also ways in which you can verify specific online casino payment methods in Canada. For instance, a credit or debit card is verified through the three-digit code on the back, an address number for a Bitcoin wallet, or a code from a paysafecard voucher.

This is a little different as instead of proving who you are, you are proving that you are the rightful holder of the funds that you are trying to deposit. Once again, all policies in this regard should be made straightforward by any good bookmaker. If you find them lacking in that regard, it is possible that’s a red flag regarding the trustworthiness of your chosen casino site.

Editor’s Recommendation – Operator with the Fastest Payment Handling: Online Casino Payment Methods in Canada

Finding a casino with fast payment handling really isn’t that tricky. We are lucky to be living through a bit of a golden age in casino quality and that means that any site worth its salt should be more than competent at fast payment handling.

Generally speaking, you don’t need to have a strategy to choosing payment methods, as most reliable casino sites will handle payments as quickly as is technologically possible. It is still worth looking into their reputation in this regard specifically just to double-check, and many will post the deposit and withdrawal times of each payment option on their Help section. Overall though, go with a casino that generally has a positive reputation and a high-quality product and you’ll rarely go wrong in this regard. Of course, you’ll also want a provider with some of the best betting odds in Canada!

Payment Method FAQs: Online Casino Payment Methods in Canada

One of the negative side effects about there being so much choice when it comes to banking options is that wrapping your head around them all can seem quite confusing. It’s no surprise then, that people do make mistakes when it comes to online casino payment methods in Canada.

Well, we’re here to offer you tips and guides to all things relating to deposits and withdrawals. We’re going to be taking a look at five of the most commonly asked questions regarding deposits and withdrawals.

Do I need to use the same deposit and withdrawal method?

This does depend on the individual casino and their policies, and you’ll have to check the exact situation with your chosen casino site. However, most do ask you to deposit and withdraw by the same payment method for security and identification reasons. If you consider it an irritation, do remember that usually, this is for the safety of your money and data.

Why does an operator block my account?

There are, of course, many reasons why the operator could block your account. Often, it can be resolved quite easily and once again, remember that usually an account is blocked as a security measure to protect you. So, don’t start ranting at customer service because they are very likely trying to help you.

Reasons for a block can include issues with the verification of your account, multiple failed login attempts, duplicate accounts being detected (relating specifically to this is the possibility that more than one account is using the same payment details), fraudulent activity or information given, and more generally a violation of the terms and conditions. These depend on the individual bookmaker.

What online casino payment methods in Canada will get me a bonus?

Sometimes bookmakers and casino sites – like bet365, Bodog, Betway, Sports Interaction and Spin Palace – may want to incentivise a certain type of player by offering them an exclusive bonus for specific payment methods. This is often the case with cryptocurrencies. Unfortunately, more common is certain payment methods actually restricting you from redeeming no deposit bonus codes Canada, and other promotional offers. So, make sure to double check those terms and conditions to avoid disappointment.

If you’re looking for bonus codes, then make sure to take a look at our bet365 bonus review Canada, or Bodog bonus review Canada to get started.

What is the minimum deposit I can make in an online casino?

This depends heavily on the casino site. However, most commonly you would expect to find minimum deposit at between $5-$10.

Can I play without making a deposit?

Although there are exceptions, lots of casinos allow you to play their slots, online roulette and other casino games free of charge in order to allow you to get a feel for their site before actually putting down any money at all. Remember though, that you won’t earn any real winnings in free play modes.

Conclusion: Online Casino Payment Methods in Canada

One of the common misinterpretations of casino gaming for Canadian players is that the country’s often confusing laws – which apply to online casinos in Quebec and beyond – would result in a lack of choice. As we can plainly see, this is not the case, with the amount of online casino payment methods in Canada reflecting a truly varied and international variety of ways to play, allowing you to bet on the best games with a sports betting strategy in Canada and odds before cashing your winnings out with ease.

You’ll find banking options suited to pretty much every need, whether you’re looking for something quick, simple, anonymous or all three. Just as is the case in general, there’s no shortage of options for Canadian players.

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