Hero Image

Casino payment methods of 2024 in Ontario

Written by
Checked by Dasha G.Giulia G.

Whether topping up your bankroll or cashing out a prize, you must use reliable and secure casino payment methods. Our experts delve into the pros and cons of each payment option and offer guidance on selecting the perfect fit.

Our payment method rankings factor in fees, limits, payout speed, and overall security for a well-rounded assessment. Discover all of Ontario’s casino payment options in our comprehensive guide below.

Best online casino payment methods in Ontario for 2024

  1. 🥇Interac â€” Highly secure payment option
  2. 🥈Visa â€” Best for instant deposits
  3. 🥉PayPal â€” Best payment method overall
  4. Mastercard â€” Widely available payment method
  5. Paysafecard— Highly secure payment option
  6. eCheck — Best for online cheque casino payments
  7. Apple Pay â€” Most efficient payment method
  8. Instadebit â€” Swift payouts payment method
  9. ecoPayz â€” Best payment method for swift withdrawals
  10. iDebit â€” Best e-wallet payment option

Available online casino payments in Ontario, Canada 

Whether you wager on one site or many, you need reliable casino payment methods. Gambling sites offer a wide range of options, from bank transfers to e-wallets, prepaid cards, credit and debit cards, all the way to bank transfers.

Not all online casino banking methods are available for Canadian players. This page section lists all the available online casino banking options in Ontario, Canada.

You’ll also find information about their work, expected transaction limits, and processing time. For additional payment information, visit their pages and consult our real money online casinos in Canada overview.

Editor's note

This overview is based on the current offer in Ontario; the information you see, and our recommendations, may change as the market grows. Rest assured that we’ll keep our data updated to reflect the latest offer for Canadian players.

Recommended casino payment methods

We recognize the significance of seamless and secure transactions regarding your gaming enjoyment. Therefore, we’ve thoughtfully curated a collection of premier payment methods offered at the finest Canadian online casinos.

These ensure prompt, dependable, and trouble-free deposit and withdrawal procedures. You can expect the quickest and most effective transaction processes during your online casino adventures in the list of expert-chosen payment options below.

#1 Interac

Interac is readily available in Canada and is convenient for making swift and straightforward casino deposits. Loading your Interac account offers several advantages.

Most notably, it eliminates the need to share your banking information with the casino, enhancing convenience and security. This means your financial details are well-protected, even in the event of any security concerns at the online gambling site.

#2 Visa

Visa is easily accessible and accepted at numerous Canadian casinos. This payment method provides a seamless and secure way to make casino deposits. Using your Visa will allow you to enjoy the convenience of swift and straightforward transactions without creating any account.

This ensures ease of use and adds an extra layer of security, safeguarding your information in case of any unforeseen issues.

#3 PayPal

PayPal stands out as the top choice for secure deposits and rapid cashouts. Renowned for its popularity among players, it is widely embraced by online casinos in Canada. Using PayPal safeguards your card numbers and ensures speedy and efficient transactions.

You can also link your American Express (Amex) card to your PayPal account, enabling you to use it for online transactions. This convenient connection between your Amex card and PayPal offers flexibility and security when topping up your PayPal balance.

Best operators for reliable casino payment options

When our experts recommend an online casino, they make sure to consider several critical factors, such as payment methods. We understand that players have diverse preferences and requirements, which is why we thoroughly evaluate casinos based on their deposit limits, withdrawal limits, fees, game variety, and more.

Whether you’re looking for flexibility in deposit options, faster withdrawals, or specific game availability, our list will assist you in finding the perfect casino that suits your needs.

Casino logo Odds rating Bonus Go to casino Button Show more T&C
1
spin casino logo
Spin Casino review
95/100 Payments rating by Elena I. 85% Playscore based on Best mobile casino apps
Play

Good to know

  • No withdrawal fees
  • Swift and simple deposit transactions
  • No withdrawal limit

8 payment methods

Visa
Mastercard
Interac
InstaDebit
MuchBetter
eCheck
Paysafecard
Apple Pay
2
conquestador logo
Conquestador review
93/100 Payments rating by Elena I. 82% Playscore based on First-class live casino
Play

Good to know

  • Instant deposit processing
  • Glitch-free payments platform
  • Fee free transactions

7 payment methods

Visa
Mastercard
Interac
iDebit
InstaDebit
ecoPayz
Bank Transfer
3
lucky days logo
Lucky Days review
92/100 Payments rating by Elena I. 88% Playscore based on Great payments selection
Play

Good to know

  • Anti-fraud payments system
  • C$10,000 max withdrawal limit
  • C$10 minimum deposit

9 payment methods

Visa
Mastercard
Interac
iDebit
InstaDebit
MuchBetter
ecoPayz
Paysafecard
Bank Transfer
4
BetRivers casino review
92/100 Payments rating by Elena I. 88% Playscore based on Top loyalty rewards
Play

Good to know

  • C$10 minimum withdrawal
  • Payouts time between 2hrs
  • Excellent payment support

6 payment methods

Visa
Mastercard
Interac
PayPal
Trustly
Bank Transfer
5
PlayOJO review
90/100 Payments rating by Jovana G. 83% Playscore based on Best gamified casino experience
Play

Good to know

  • C$10 minimum deposit
  • No minimum withdrawal
  • Secure payment options

8 payment methods

Visa
Mastercard
Interac
MuchBetter
ecoPayz
Paysafecard
Jeton
Apple Pay
6
knightslots logo
KnightSlots review
90/100 Payments rating by Elena I. 63% Playscore based on Best for Jackpot King
Play

Good to know

  • Over 1,000 casino games
  • 35 software providers
  • Optimized for mobile play

7 payment methods

Visa
Mastercard
Interac
MuchBetter
ecoPayz
Paysafecard
Apple Pay
7
bet365 logo
bet365 casino review
87/100 Payments rating by Jovana G. 84% Playscore based on Most trusted online casino
Play

Good to know

  • C$10 minimum deposit
  • Payouts within 24hrs
  • Zero transaction fees

9 payment methods

Visa
Mastercard
Interac
InstaDebit
Paysafecard
Apple Pay
Bank Transfer
Maestro
PayPal
bet365 operates pursuant to an agreement with iGaming Ontario. #ad
8
jackpotcity logo
JackpotCity review
88/100 Payments rating by Elena I. 93% Playscore based on Great for progressive jackpots
Play

Good to know

  • Instant deposits
  • 48 hrs payouts available
  • Speedy withdrawals

8 payment methods

Visa
Mastercard
Interac
InstaDebit
MuchBetter
eCheck
Paysafecard
Apple Pay
9
Betano logo
Betano casino review
87/100 Payments rating by Elena I. 87% Playscore based on Rich live dealer lobby
Play

Good to know

  • Over 1,500 casino games
  • Fast transaction times
  • Live chat available 24/7

7 payment methods

Visa
Mastercard
Interac
Apple Pay
American Express
PayPal
eCashout
10
leovegas logo
LeoVegas casino review
85/100 Payments rating by Elena I. 92% Playscore based on Most reliable casino operator
Play

Good to know

  • No withdrawal fee
  • SSL-protected payments
  • Instant deposits

6 payment methods

Visa
Mastercard
Interac
MuchBetter
Apple Pay
Bank Transfer
19+. Terms and conditions apply. Play responsibly. Connexontario.ca

Different types of casino payment options

In Canada, players can choose from various payment methods, including credit and debit cards, e-wallets, prepaid cards, bank transfers, and other modern alternatives such as mobile payments.

Below are the main payment options available to Canadian players, each presenting distinct attributes and benefits.

Man and woman carrying cash next to a wallet with coins

Prepaid cards

Prepaid cards are a secure and versatile means of conducting online transactions, including funding online casino accounts. They provide anonymity and privacy, as they aren’t directly tied to personal banking information.

Accepted at many online casinos, prepaid cards offer added financial security and budget control since they limit spending to the card’s available balance. They also cater to individuals without conventional banking or credit card options, promoting inclusivity in the online gaming sphere.

  • Instant deposits
  • Widely accepted 
  • Banking details kept personal
  • Limited availability

E-wallets

E-wallets are a popular choice at online casinos due to their secure and swift transaction capabilities. Players value the added layer of privacy that e-wallets provide, as they don’t need to share personal financial information with the casino.

However, it’s essential to note that using e-wallets for casino transactions may involve fees, and not all gambling platforms accept this payment method. It’s advisable to check the specific e-wallet options and associated terms and conditions offered by your chosen online casino.

  • Security and privacy
  • Speedy transactions
  • Free account creation
  • May incur transactional fees

Credit/debit cards

Credit and debit cards are widely embraced payment methods at online casinos. Players can utilize credit, debit, or prepaid cards to facilitate deposits and withdrawals. These cards’ extensive acceptance and user-friendliness make them a preferred choice for many players, ensuring smooth and convenient transactions during their gaming sessions.

However, it’s worth noting that some players might encounter fees or limitations when using credit or debit cards at online casinos. It’s advisable to review the specific terms and conditions of your selected casino to understand any associated costs or restrictions.

  • Widely accepted 
  • Very convenient 
  • Robust security measures
  • Withdrawals take time

Other payment methods

In the Canadian online casino landscape, players have access to a diverse range of payment options to suit their various preferences and needs. These choices encompass different Canadian casino banking methods, mobile wallets, and other convenient options.

Well-established online banking methods like Interac have gained popularity among Canadian players due to their ease and convenience. For users of iOS devices, Apple Pay stands out as a favoured mobile wallet, while Android enthusiasts often opt for Google Pay as their preferred choice.

Additionally, eCheck and bank transfers are recognized and widely used options, adding further versatility to the payment methods available to Canadian casino players. These methods offer reliable and secure channels for managing casino transactions.

Getting started with deposits and payouts

In this comprehensive section, our experts will guide you through the intricacies of managing your funds.

Whether you’re a novice seeking to grasp the basics or a seasoned player looking for advanced insights, our step-by-step instructions will empower you to process transactions confidently.

How to make a deposit

Depositing at an online casino is the first step in your gaming journey, and it’s crucial to understand the process. Depositing funds into your casino account enables you to start playing your favourite games and potentially win big.

Let’s walk through the essential steps for depositing at an online casino to ensure a smooth and enjoyable gaming experience.

  1. Log in to your online casino, and tap the cashier button to head to the banking page. 
  2. Choose your payment of choice for online casino deposits. 
  3. Enter how much you’d like to deposit.
  4. Follow the on-screen prompts. You should receive a notification if your payment method requires verification from another device, such as your mobile phone.
  5. Confirm your payment, and wait for the funds to appear in your online account.

How to make a withdrawal

Withdrawing your winnings from an online casino is a straightforward process, but it’s essential to understand the steps involved.

Making a casino withdrawal involves specific procedures to ensure you receive your funds securely and efficiently. Let’s explore the key steps for making a withdrawal from your online casino account.

  1. Head over to your online casino cashier page and select withdrawal. 
  2. You will be prompted to choose your preferred method of payment. 
  3. Fill in any necessary payment details, including the amount you want to withdraw.
  4. Submit any pending documents to fulfill legal requirements; ID, recent utility bills, and a passport may be required. 
  5. Wait for your withdrawal to be processed.

Choosing sites with the best casino payment methods

Our experts understand that different people have different online casino payment needs. So, a few key factors can make a difference in casino gambling and banking methods.

Criteria include cashout speed, safety, deposit speed, fees, and maximum deposit and withdrawals. We also highly rate places that offer more uncommon payment methods, like eCheck payments or the option to pay by phone.

Here, we’ll run you through the criteria we review when rating casinos for our data-driven casino reviews.

withdraw speed phone time

Withdrawal speed

Identification and anti-money laundering protocols apply everywhere. You will be subject to these restrictions even if you play at the fastest payout online casino. Because of that, some casino payment options take a while to be processed, and different payment methods have different typical payout times. The best online casinos will process your winnings in under 24 hours, though even good casinos can sometimes take up to five days. As for individual methods, what’s typical? In our experience, 3-6 days for credit or debit card withdrawals, 1-3 days if you use an e-wallet, and up to eight business days if you use a regular bank transfer.

mobile phone with speed counter for deposit

Deposit speed

Deposit processing times vary from casino to casino, but happily, most offer instant deposits on the majority of methods. Cards and e-wallets should all be processed instantly. If deposits aren’t instant, they should take 5–15 minutes on average. Some casino payment options can and do take 30 minutes, but those are quite particular cases. One example would be PayNearMe, where you print a code online and then pay for it in cash at a participating store. From the time until your cash payment is processed, and the store communicates your payment to the PayNearMe casino and links it up with your account, it typically takes around half an hour.

Safety lock with location icon

Safety and anonymity

You’ll want to choose a banking method with a strong security protocol and a safe online casino. That way, you can rest easy that your personal and financial information won’t fall into the wrong hands. We recommend using payment methods that do not share your card details with every payment, like PayPal, Paysafecard, or Interac and MuchBetter, that require you to confirm transactions on your phone, acting as a form of 2-factor authentication. Make sure your casino site is SSL-secured. This ensures that customers’ data is processed and stored securely. To check this, ensure the website’s URL begins with https rather than http. Getting SSL key details depends on your browser, but you can often start the journey by clicking the padlock icon in the URL bar.

fees icon with wallet and cash

Fees

Many casinos don’t impose deposit and withdrawal fees, but some do. It’s advisable to avoid the ones that charge you for these services since there are alternatives that don’t. Payment providers like PayPal may charge fees, but these are often related to transferring money from your PayPal account to a bank, not from a casino to PayPal. When dealing with fees, choose the option that suits your transaction best. For instance, if PayNearMe Express has a flat rate of C$3.99 per transaction, it might be costly for a C$10 deposit. However, if MasterCard charges a 2% fee, that C$3.99 fee could be more cost-effective on a C$500 deposit.

transaction limit graph

Transaction limits

Numerous payment providers offer varying transaction limits. These limits should influence your choice. Opt for those with low minimums and high maximums for greater flexibility. For instance, LeoVegas Ontario has a $10 minimum deposit requirement. Some sites like PlayOJO don’t set a minimum withdrawal, enhancing player-friendliness. E-checking methods typically feature the highest limits, while cash-based options like Paysafecard often have lower limits, sometimes just $500 per day.

credit card with heart and money around it

Ease of use

No one wants to spend hours figuring out how an online payment method works. Many leading online casino payment methods make their transaction process pretty straightforward, and we provide a step-by-step guide on every payment page. Most payment methods offer quick tutorial videos on their YouTube channels, so check them out. In general, cards and e-wallets are quick, while cash-based methods and bank transfers require the highest number of steps.

Tips

To ensure you’re using secure payment methods at Canadian casinos, it’s essential to start by choosing a licensed and regulated casino.

Check out our expert tips on this matter below.

  1. Pick licensed and reputable casinos: opt for licensed and reputable casinos with a history of trustworthiness, ensuring secure payment methods.
  2. Verify payment method security: before using a payment method, check for security features and encryption protocols to protect your data.
  3. Understand fees and processing times: familiarize yourself with any associated fees and expected processing times for smoother transactions.
  4. Read casino reviews: seek out online casino reviews to learn about other players’ experiences with payment methods.
  5. Monitor transactions: regularly review your casino transactions to detect discrepancies or suspicious activity and contact support if needed.

FAQs

What are the best casino payment methods in Canada?

Three popular payment options for Canadian players include PayPal, known for its user-friendliness and secure transactions; Interac, a hassle-free choice compatible with major Canadian banks; and the widely accepted Visa and Mastercard, offering convenience for most users.

Check out our breakdown of the top Canada casino payment methods for more.

Which payment providers are safe and secure?

Regarding finances, you can rest assured that all top payment providers we recommend can be trusted. We only recommend licensed casinos; we’re not about to start recommending unsafe payment methods.

To ensure that your gambling experience is always safe and responsible, verify that the casino of your choice offers additional security measures like two-factor authentication. 

How do I deposit money at a casino?

Ontario casinos offer a variety of deposit methods. While some are deposit-only, others allow you to withdraw your winnings. Our how-to deposit guide mentions all the steps when depositing money at the casino.

Can I use Visa or Mastercard at online casinos?

Visa and Mastercard are two of Canadian players’ most widespread deposit methods. Most casinos accept both, but not every casino offers withdrawals via these methods.

In general, it’s safe to say that the best online casinos in Canada accept Visa and Mastercard, or e-wallets through which you can funnel funds using your Visa or Mastercard.

Do online casinos use e-wallets?

Yes, casinos in Canada welcome e-wallets as a method of depositing and withdrawing money. Common e-wallets available at Canadian casinos include PayPal, ecoPayz, iDebit, Instadebit, and MuchBetter. 

The security features of e-wallets are one reason they have become popular payment methods. They act as an intermediary so that no matter how many casinos you play at, only one institution (your e-wallet) has your card number.

Do online casinos take Bitcoin?

No, bitcoin is not accepted by Canadian casinos. It’s an illegal payment method for casinos in Canada. The price volatility of digital currencies is one core issue, along with the difficulty of tracking where payments come from, for anti-money laundering reasons. 

If you come across an online casino that accepts Bitcoin, you should avoid it, as it’s probably offshore.

Sources

  1. https://www.canada.ca/en/financial-consumer-agency/services/payment.html
  2. https://www.bankrate.com/banking/what-is-a-digital-wallet/

Research methodology

On this page, our approach to evaluating payment methods for online gambling in CA is focused on providing you with comprehensive insights. We conduct thorough research to assess various casino payment options’ availability, fees, limits, and terms. Our team of experts carefully examines essential criteria such as fees, transaction limits, security measures, and processing times. This ensures transparency and empowers you to choose the ideal payment method for your online gaming experience.

Payments we monitor

American Express, Apple Pay, AstroPay, Bank Transfer, Bitcoin, Crypto, Discover, eCashout, eCheck, ecoPayz, Flexepin, Google Pay, iDebit, InstaDebit, Interac, Jeton, Luxon, Maestro, Mastercard, MuchBetter, Neosurf, Neteller, Pay by Phone, PayNearMe, PayPal, Paysafecard, Rapid Transfer, Skrill, Trustly, VIP Preferred, Visa, Wire Transfer, Zimpler
Our trusted partners
Envelope Icon
Copyright ©2024. Time2play.com. All rights reserved.