When it comes to payment methods for online shoppers and gamers, it is crucial to select one that is fast, reliable and provides decent limits too. These days we are being exposed to more and more online banking methods, as well as a growing market of e-wallets, with each claiming to be better than the last. While using fast and trusted banking methods is important, finding a reputable casino within the Canadian iGaming market that accepts our preferred payment method is a whole other ballgame. The difficult part is finding a casino offering a decent amount of deposit and withdrawal methods at a low cost and allows players to make transactions anonymously, which is a key factor for many gamblers.
However, we have come up with a plan to make life easier for our Canadian friends by listing the fastest anonymous banking methods below.
Meeting the Criteria
As we have mentioned above, there is a lot to look for when choosing an adequate banking method. While advertisers are quick to jump on how quickly their method would pay out our cash, they fail to mention how much it would cost, does it have a customer support system, or whether or not it’s able to function as a means of deposit too.
If you’re looking for some of the fastest withdrawal online casino Canada options, you’d often find a detailed list of legitimate selections operating in the region. There are usually six variations of banking that are offered by online casinos, bank transfers, pre-paid cards, mobile payments, instant banking, credit cards, and e-wallets.
The Contenders
VISA – While VISA is known for being incredibly secure and the most accepted form of credit card in the world, there will be no problem finding an online casino which accepts it. Withdrawals and deposits are usually processed on the same day; however, there will be delays which could see players wait up to 5 business days for their funds to be processed. Look to add a reputable e-wallet if you’re determined to use VISA as your primary means of making a deposit.
PayPal – Arguably one of the best e-wallets available, the only drawback is that it isn’t as widely accepted by online casinos as most people think. Those who do accept it find plenty of success, as funds are generally available immediately after a deposit is made and withdrawals will take no longer than a day.
Paysafecard – When it comes to overall security, Paysafecard is one of the best prepaid banking methods available. However, even though it provides blistering deposit times, withdrawals aren’t available which means that players will have to look elsewhere. Consider using a service such as Skrill, PayPal, or Neteller to make withdrawals.
Neteller – Another great option for those who are looking for added security, especially when making deposits, Neteller provides Canadian players with a means of making secure deposits and withdrawals. The only downside to this method is the withdrawal fees which can be quite high depending on who you’re banking with.
Neosurf – If you want to make a deposit or a withdrawal without having to provide any personal data, Neosurf is one of the better options. However, those who love betting large amounts will be left incredibly disappointed as there’s a C$250 cap on deposits and in order to make a deposit you’d have to physically head to a kiosk to purchase a voucher.
Skrill – Anyone in possession of a valid bank account will be able to use Skrill. It’s fast and secure; however, you’ll always have to keep money in your account to process deposits and withdrawals which could be a fair bit of admin especially when considering that you’ll be using it for gambling.
The Importance of Secure Banking
We live in a digital age and that means anything, and everything can be found on the internet. This also leaves us vulnerable to hackers intercepting data traffic and using it to access funds or perhaps hijacking our identities. While this may be a scary thought to process, financial services and online casinos are doing whatever they can to prevent this from happening.
Always take the safest option, and never do banking with any institution you feel may not be honest with you.