Canadian Gambling Preferred Modes of Payment

Since online gambling is already dominating the world, most countries are legalizing this one kind of entertainment. This means that playing and enjoying it does not have any obstacles to go into. Actually, almost 75% of Canadians engaged themselves in playing casinos and gambling. Because of that, quick banking that is highly reliable is a requirement.

Here are the most common payment method among Canadian gamblers. The reasons why they chose the following mode of payment are also stated below:

Instant banking option

So far in the Canadian gambling industry, this is the most preferred method of payment. This works by interlinking one’s bank account into the online gambling site through a third party. The funds will be quickly and securely transferred under minimal fees.

Credit and Debit cards

There are three major types of cards that are allowed for online casino payment. It generally includes debit, credit, and prepaid cards.

Bank wire transfers

Still, many Canadian gamblers are opting for the conventional way of gambling payment. They need to contact bank representatives and finish the wire transactions. Its main advantage is that sharing the banking details is not really necessary here.

E-wallets

The perks of using this e-wallet payment method are affordability, speed, and convenience in transactions.

Cryptocurrency

This is the most updated method of payment in line with Canadian online gambling.