Most Popular Online Casino Payment Methods for Canadians

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Introduction 

If you’re looking to play online casino games with other players from Canada, you may wonder what online casino payment methods will work best for you.

Whether you prefer credit cards, debit cards, e-wallets, or direct bank transfers, each type of online casino payment method has its pros and cons.

UFACAM provides a complete lowdown on the five most popular types of online casino payment methods. So you can make an informed decision about which one is right for you.

Credit Cards

The most popular card type is the Visa Classic, which has a security code of three numbers. All other Visa cards are updated versions with either four or five numbers, but the older models still make up a huge proportion of these transactions.

As well as these traditional cards, a few newer products are proving favorites amongst Canadian gamblers: contactless payments, chip and PIN credit cards, contactless debit cards, and mobile casino apps.

UFACAM is an international platform that makes it easy to compare different games and different gambling sites.

Debit Cards

No matter your payment methods, you’ll want to ensure they’re all compatible with your preferred website. UFACAM debit cards are one of the most popular online casino payment methods. The quickest and easiest way to fund your casino account.

 UFACAM Visa debit cards are like credit cards, except the funds go directly from your bank account. If you don’t have a lot of money in your bank account, it’s probably not the best option for you.

This method has an activation fee, monthly service fee, and minimum balance requirement ($500). So it’s not ideal if you’re only looking to spend $20 or so per month at casinos.

Prepaid Gift Cards

Prepaid cards often have lower fees and stricter limits than bank or credit card accounts. Some companies allow customers to reload funds onto their prepaid cards in stores.

This can be good if your financial institution or card issuer doesn’t support online gaming transactions. If you use a store-branded gift card and don’t have access to the store where you purchased it, the retailer may load additional funds onto a Walmart Gift Card.

The process may take an extra day or two because Walmart is not usually located near most big-box retailers, but it’s worth calling customer service to inquire about this option.

Wire Transfers/Direct Bank Deposits

Wire Transfers and Direct Bank Deposits are the two most popular Canadian online casino payment methods. As such, we will discuss them both in detail here. Wire Transfers were introduced to casinos long ago as it was one of the only payment methods available.

 But they remain popular today because they are safe and reliable. Another factor that has helped Direct Bank Deposits become so popular is that they can be executed with just a few clicks or keystrokes.

Conclusion

Whether you are going to play on a desktop or mobile, never download software outside of the casino’s official website. These scams can download viruses onto your computer or steal personal information. And always make sure to keep the programs up-to-date by using automatic updates.

We hope that you found our list of online casino payment methods useful. If there are any new or alternative ways to deposit money into an online casino that you want to share, feel free to leave a comment below. 

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