Payment Methods

Online Casinos With Fastest Payouts

If you win some money at casino games, you’ll want to transfer these funds online to your personal account as soon as possible. You certainly don’t want this money to get stuck in limbo for several days, which is why it’s crucial to find a casino that supports instant banking.

Many factors determine how fast it is to withdraw money. Of course, most casinos will do anything in their power to verify and issue payments as quickly as possible. But the brunt of the work rests on the payment operators themselves, which is why some methods are faster than others.

Usually, traditional payment channels such as bank transfers or credit and debit cards will be inherently slower. The fastest payout casinos opt for quicker options like Interac online payments, PayPal, Ecopayz, prepaid cards, e-wallets and many other withdrawal methods.

Types of Casino Payment Methods

Best Payment Methods for Online Casinos

There are a plethora of casino payment methods available for Canadian players. Each has pros and cons that will make a particular option more suited for your needs than the others. To help you choose which of the following payment methods is for you, we have made a brief comparison.

PayPal

Arguably one of the biggest names in the world of global payments. In addition to it being a popular payment method in online casinos, it’s also used for online purchases all around the world. Just like every other electronic wallet, it is fast, very secure, and convenient to use. You must have a PayPal account to use this banking option in any online casino, which you can create in minutes with your email and a valid credit card.

ecoPayz

For online casinos in Canada, ecoPayz is a must-have. Founded in 1999, this award-winning payment option is a multifunctional wallet that allows for multiple transactions, including deposits and transfer of funds. The app supports mobile devices and PCs, and it is effortless to use. Even more, ecoPayz supports multiple languages and can handle transactions in more than 45 different currencies. It is safe, very secure, easy to use and extremely fast. It also has its own prepaid debit card called the ecoCard.

Skrill

Formerly known as Moneybookers, Skrill is one of the most popular payment methods among Canadian casino enthusiasts. Regulated by the UK Financial Services Authority, Skrill offers a very simple, secure, convenient and fast alternative payment method to several other electronic wallets. It can be used to deposit funds, withdraw winnings, transfer money, and process payments across different platforms. Certainly, if you are looking to try out something different from PayPal and NETELLER, then Skrill is your best bet.

NETELLER

There is no other payment option that is more associated with the casino industry than NETELLER. Since its launch in 2005, NETELLER has enjoyed a blistering start making it one of the most successful e-wallets in the industry. Ever since, the company has built on that success story and transformed into one of the leading payment giants in the world. Just like other electronic wallets, you simply need to create an account to get started.

Mastercard

Almost everyone has a bank card, which is why Mastercard payments are widely supported across the whole internet. It is accepted all around the globe and is one of the most common payment options in any online casino. As a leading giant, Mastercard is secure, safe and fast, but not as fast as electronic wallets. Usually, it is connected to a bank account.

Visa

Like Mastercard, Visa is another popular bank card processor that is a must-have in any top casino. As one of the biggest card payment processors in the world, you can be assured that your payments will be handled securely. Available in hundreds of countries, Visa is very safe, easy to use and relatively fast.

Crypto

Although the crypto payment method is still in its infancy stage, it is undoubtedly one of the most sought-after payment options in many fastest payout online casinos. Crypto guarantees maximum security and the much-needed anonymity that most players crave during online gambling. You don’t need to provide any personal details or your bank account number. All you need is a crypto wallet, and you are guaranteed instant deposits and fast withdrawal of your casino winnings.

Instant Bank Transfers

Generally, bank transfers and any bank-related transactions are usually slow. This makes them not very favoured among players. However, instant bank transfers, just as the name implies, are instant. It takes away the delays that come with a regular bank transfer. Hence, with apps like Trustly, many Canadian gamblers get to enjoy lightning-quick transfers. Trustly acts as the middleman, and the funds are sent out straight away without waiting for the paperwork to come through.

Interac

Specifically made for Canadians, Interac is another top banking option that Canadian gamblers love to see in an online casino. It is a payment method that offers easy access to unlimited, safe, and secure transactions straight from your Canadian bank account to the casino without much exposure. It can deposit funds, withdraw winnings, and process payments.

Interac is available as Interac Online and Interac e-Transfer. The former is only available to account holders at the TD Canada Trust, First Nations Bank of Canada and RBC Royal Bank. However, Interac e-Transfer is available to almost every bank in Canada.

Top Casinos with Best Payment Methods

• Mostbet Casino
• Lucky Elektra Casino
• Flush Casino
• Heatz Casino
• Winawin Casino
• Biamo.bet
• Simsino Casino
• North Casino
• Let’s Lucky

Conclusion

When it comes to online gambling, payment methods are vital. Players prefer new online casinos that offer the fastest payouts using the best payment methods. While there are several types of casino payment methods, it ultimately is your choice as each of these options have their pros and cons.

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