In this post, we highlight the most widespread and popular online payment processing services that Canadian gamers prefer to use. Check out the post to learn more about payment methods that allow you to pay for your games, and methods that allow you to withdraw the money you win in the games.
Visa, Mastercard, AMEX
Debit and credit cards are among the most widely used methods for paying for all types of gaming products and services. This is especially true for the older generation of players who love the good old trusted ways and have only comparatively recently gotten used to paying online.
Visa and Mastercard are very popular while Amex may not be so much because not all platforms accept them and some extra fees may be applied. However, gamers visiting from the US often use AMEX so this is also an option.
It must be mentioned that speaking about mobile gaming and video games, all these cards allow all the usual functions. However, if you wish to play some online casino games in Canada, you may face a limitation that does not allow you to deposit with a credit card.
This is one of the regulations that obliges online casinos to only accept players’ own funds and not the credited funds (in other words, players must only gamble with the money they own).
Also, it is important to mention that gamblers and video game players who want to withdraw money from their gaming activities are unlikely to do so unless they request a refund. This rule does not work for the land-based casinos though.
Trustly, Interac, iDebit, Instadebit
These online payments are extremely popular among Canadian gamers and there are several reasons for that.
Firstly, Interac, iDebit, and Instadebit have long been available in Canada and they are perfectly localized already. Many people have gotten used to them and perceive them as normal payment methods along with the debit and credit cards mentioned above. Trustly is more recent compared to those listed but it is also convenient and gaining popularity.
The second reason why these payment methods are popular is because they are all online and have their official mobile apps.
The best thing about mobile apps is that you don’t have to go through a lengthy identification process every time you want to pay. Some of these payment methods can even be used without an app and without creating a separate account for the user. For example, if you take a look at the full list of trustly casinos in Canada you can see that to pay, the player just has to choose Trustly as their preferred payment method and proceed without account registration.
The next important nuance to mention is that all those methods – iDebit, Instadebit, Interac, and Trustly – work with Canadian banks. It means that the players can make payments and also receive payments from and to their local bank account but do it faster than banks normally do.
This is completely legit even though not all banks already have these partnerships.
Eventually, all the payment methods listed in this section allow withdrawals from gaming platforms and online casino sites to the users’ bank accounts.
Apple Pay, Google Pay, MuchBetter
These three payments are fully mobile. Gamers can install them for free; Apple Pay is in fact preinstalled on all iOS devices. For some Android devices, you have to install Google Pay additionally for free. You can install Google Play on iOS but you can’t get Apple Pay for Android though.
MuchBetter is a fully mobile e-wallet that works with all systems and it is also free of charge to install.
All these mobile payment methods are especially popular among people playing mobile video games, and among online casino gamblers in Canada. It is good to have both the gaming app and the payment app at hand on the same device without the necessity to switch between an app and a website.
One important drawback that has to be highlighted about Apple Pay and Google Pay is that you cannot withdraw any money from the gaming platforms back to your wallet.
This is not the case with MuchBetter though because it works both ways.