Thirty-one million out of 37 million Canadians own smartphones, according to research firm Statista. A significant number of this demographic play casino games online, often on their Android and iOS devices. They play slots, poker, and roulette at foreign casinos. And that’s because the Federal Government of Canada doesn’t license iGaming businesses. So, how do Canadians transact with foreign online casinos?
There are various legitimate online casino payment methods in Canada that you can check on this page. However, in this article, we will focus only on the most popular mobile casino deposit and withdrawal options. So, here are they:
#1: Debit/Credit Cards
Debit and Credit cards are some of the most popular payment methods at online casinos. They are available in nearly every country. They have low fees, process payments fast, and are ironclad safe. Visa and MasterCard are the most common card providers at many casinos. But some websites also accept Maestro. That said, Visa and Debit Cards have significantly higher fees than the best e-wallets. What’s more, casinos take 1-2 days longer to process money to credit cards compared to e-wallets.
Skrill is synonymous with casino payments. It was designed for this specific purpose although it now also processes transactions to non-gambling businesses. The e-wallet is incredibly quick, processes payments to over 150 countries, and supports more than a dozen languages. Like PayPal, Skrill has a service (Skrill 1-tap) that lets you confirm payments to multiple casinos without filling billing forms repeatedly. Interestingly, this e-wallet also supports cryptocurrencies. That means you can buy BTC or Ethereum through your Skrill wallet and use the crypto to play at popular crypto casinos. Unfortunately, Skrill doesn’t qualify for bonuses at many online casinos. So, if you like bonuses, consider using an alternative banking choice.
Neteller and Skrill are owned by the same company, Paysafe Limited. Launched in 1999, Neteller was originally a Canadian startup. It was founded to help process online gambling at a time when many payment companies wouldn’t. Although its market share has decreased, Neteller is still a popular payment choice for many casino players. It’s fast, safe has low fees, and works smoothly on mobile devices. The company’s only drawback is that it doesn’t attract bonuses at many online casinos.
Boku is a Francisco-based mobile payment company known for its ‘Pay by Phone’ service. To expound more, Boku’s carrier billing feature allows you to buy goods and services on credit. It then bills you through your phone number. Boku is a big deal in the online casino community these days. And it’s not a surprise. A decade ago, no one could play slots on credit. But now you can spend up to €500 without a credit card or bank account. Another feature that makes Boku popular is that it lets you play casino games without having to provide KYC documents…sort of. You create an account at Boku and do the KYC verification there.
Zimpler is similar to Boku in many ways. It features a user-friendly interface. It doesn’t charge you fees while depositing money to your casino account and has flexible limits. In fact, it has better limits than Boku. Boku has a daily limit of €30. Zimpler lets you choose the limit. As mentioned, the payment process at Zimpler is similar to Boku’s. You visit a Pay by Phone casino. Then you select the Pay by Phone option and choose Zimpler. After that, you receive an SMS for verification reasons. Next, you choose the amount you want in your casino account. Zimpler sends you another SMS for confirmation. At this point, you answer “Y” and the money is credited to your chosen casino.
Note: PayPal is not a valid payment method at the online casinos in Canada. That’s because the e-wallet processes gambling transactions only in countries where online gambling is regulated. Canada does not regulate online casinos.