Nowadays, Canadian gamblers have the liberty to choose from among a pool of online casinos. There are various criteria you can use when selecting gambling sites and one of them in payment options. As you already know, there are many methods of payment in popular Canadian casinos such as bank cards (credit, debit or prepaid), bank transfers and e-wallets.
Since there is a solution for everyone, in this article, we will focus on online casinos that accept prepaid cards payment in Canada. These types of online casinos are quickly gaining popularity all around the world as the best payment options for gamblers. Online gambling players can now fund their gaming activities and at the same time, manage their bankroll to minimize unnecessary overspending.
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There are hundreds of Canadian online casinos that accept prepaid cards. If you are among the online gambling players that regularly get their bank payments declined in online casinos, then you need to change your strategy. But first, you have to carefully select these gambling sites to win and have fun as you play in real money games.
In this guide, newbies and experienced online gambling players will learn new facts about Prepaid Cards Casinos, their benefits and advantages, and how they work.
Benefits of Using the prepaid card Banking Method in online casinos
In online casinos that accept prepaid cards, making a deposit is possible with alternative payment options such as Skrill, Paysafecard, PayPal, Neteller, Neosurf, MuchBetter, Interac, Entropay, Ecopayz, Echeck, Bitcoin, and Bank Wire Transfer.
The best thing about using this type of banking method in online casinos is that there are benefits.
- High level of Security: Making payments using prepaid cards in casinos is secure. These online financial solutions come from trusted and renowned financial service providers around the globe, which use standard safety and security measures with the latest technology.
- High level of Privacy: This facility allows online gambling players to make anonymous transactions. Also, they do not affect your credit records. All your data is maintained by the prepaid card’s issuer.
- Ease of use and high level of Convenience: Making your payment using this facility is convenient and effortless because it is widely available in casinos online. Almost all gaming platforms accept gambling prepaid cards as they fall among the list of banking payments.
- Fast and instant processing time: Prepaid card casino payments in casinos are quick because there is no link with external financial accounts.
- Budget-friendly: This solution gives the player the benefit of budgeting and managing their gambling expenditure. With a prepaid card, it is easy to gamble with money that you are willing to lose in a play session. Furthermore, you are limited to the funds you credit in them.
- Claim welcome bonus: Online gambling players can use their prepaid cards to claim the welcome bonus attached to this type of payment method. All you have to do is top up your casino account.
How to deposit with the online casino prepaid card
Online gambling players in online casinos are required to have enough bankroll before they can play and gamble for real money. The process you use to deposit with a prepaid card to your betting site account is similar in all bank cards.
First, you will have to credit your stored value card with the amount of money you intend to spend in the casino. Use the relevant service provider app to reload directly from your bank account with the amount you wish to play the gambling games in the casino.
The second step will be to sign up or log in to your online casino account and access the cashier or deposit section. In this section, you choose to deposit money to the real money casino using prepaid cards. You will also be required to select the type of prepaid card.
After selecting your payment method, you will be directed to a different page from where you will fill in the relevant details or enter a unique Pin code. In some casinos, you may be required to confirm your address. From there, you will input the amount you wish to deposit, confirm the transfer and complete transaction. In a couple of minutes, your funds will reflect in your casino account, ready for wagering.
How to withdraw money from casino account using a prepaid card
Because of the nature of prepaid cards, it may not be possible for you to cash out your winning using this payment method. Some casinos have exceptions on some such as Prepaid EntroPay visa cards. The best way you can withdraw your money from your casino account is by selecting alternative banking options.
If you do not wish to associate your gambling activities with your bank account, it is recommendable that you get prepaid cards from e-wallets such as Paypal, Ecopayz and others. These solutions are available for the sake of anonymity and privacy.
Popular prepaid Cards at Online Casinos in Canada for Deposits
Also known as stored-value cards because they have a monetary value stored in the form of binary-coded data. Different from a debit or credit card, you can use your bank account to reload your prepaid cards, but the two are not directly linked.
Can you use a prepaid card for online gambling? This payment method is usually preferred for micropayment and online purchases. However, they have proved to be useful in online casino gaming.
Gamblers in Canada can use any of the following solutions to fund their gambling activities in offshore casinos.
- CIBC Smart Visa
- CIBC Air Canada AC conversion Visa
- TD Connect Reloadable Visa
- RBC Visa
- Scotiabank Reloadable Visa
- BMO Travel Mastercard
- Mastercard Travel
Most of the prepaid cards listed above carry more than one currency; therefore, you can quickly load them in Canadian Dollars (CAD), US Dollars (USD), Euros (EUR), British Pounds (GBP) and among other currencies. Besides the reloadable prepaid cards, you will also find disposable and virtual types.
Gamblers can also get virtual or reloadable services from several popular providers such as Paysafecard, Qiwi, Postepay, Wirecard, and Lottomatica.
Most of the prepaid cards accepted in online casinos are issued by leading providers working with top brands such as MasterCard, Visa, Maestro and American Express.
It is also essential to know that some of the service providers may block transactions related to internet gambling. However, according to reviews, users have reported success in using these cards.
Usually, You will not find a deposit limit in a prepaid card casino Canada. Here, you are only limited to the monetary value of your card.
Most prepaid card casinos for real money do not charge any commission fees when making a deposit in your account. However, you may be required to cover gambling transactions or maintenance fees.
There may be an additional fee when making a withdrawal from the online casino with prepaid card. For more information about commission fees, it is essential to familiarize yourself with the terms and conditions of the site and service provider you wish to use in your banking options.
Prepaid card Bonuses at Online Casinos
Almost all online casino that accepts prepaid Visa & Mastercard reward their online gambling players who use this payment method to fund their accounts by offering exclusive bonuses. The bonuses can be in the form of site credit, free spins and numerous privileges. Going through the bonus terms and conditions will help you understand the wagering requirement and betting limits of these bonuses.
Instant prepaid card casino deposits
No credit check needed
Zero liability protection
Attached bonuses and offers
A large number of payment service providers
Unable to initiate withdrawals
May have fees associated with them
From our detailed online casino review, we learn that these betting destinations offer Canadian online gambling players a high level of security and ensure fast deposits transactions. Playing in one means no delays in depositing real money into an account.
With this type of payment method, Canadian gamblers can easily manage their bankroll to reduce the risk of getting carried away and gambling over the funds set aside for a particular session.
If you choose to play gambling games for real money in Prepaid cards casinos, then you may have to select a different method of withdrawing your winnings. We also recommend that you find a new, Live or mobile online casino that accepts this type of payment method.
- Are my personal details safe?
- Most of these gambling sites use up-to-date encryption technology such as the 128-Bit or 256-Bit SSL Encryption. The high level of protection provided by prepaid card casinos ensures that your details are safe.