As online gambling is becoming more and more popular, depositing cash using credit or debit cards is becoming increasingly difficult in certain jurisdictions – particularly in Canada. This calls for alternative means of payment, which is where prepaid cards come in handy. Consequently, credit and debit cards are slowly being replaced by prepaid cards when it comes to depositing to online casinos. There are tons of benefits of choosing prepaid cards and they are also convenient for all online gambling purposes.
In our guide we’ll cover:
Like anything else, depositing at an online casino using prepaid cards has its pros and its cons. As a general practice, our recommended method of depositing is always Bitcoin, as it’s fast, secure, and comes with larger bonuses.
It should be noted that each online casino has different minimum deposit & withdrawal requirements for each payment method, so as always, we’d recommend reading the fine print.
We’d recommend any of the above casinos to Canadian players looking to deposit with a prepaid card, or check out our casino reviews to find additional options. Once you’ve chosen a casino, register your account for free.
Once you’ve registered your account, visit the casino’s deposit page. The page will vary depending on which casino you’ve chosen, but can usually be found in the main navigation, or on your account page. Once on the deposit page, select prepaid cards as your chosen method.
Exactly like shopping online, you’ll be asked to confirm your information – card number, security code, etc. Enter this information and your deposit amount, and your funds will hit your account as soon as the payment is processed, typically within a few moments. Note that prepaid cardholders are often prompted to enter a unique code (sent via text or email) to confirm their payment.
You can either choose to use a prepaid credit or prepaid debit card for all your gambling transactions online. Using these cards online is pretty simple.
As you can see, using prepaid cards/vouchers to fund your casino account gives you the financial anonymity you require without any worries of your information being accessed by suspicious third parties. Some of the prepaid cards in use today include Union Pay, Pasteandpay, MST Gift Cards, Prepaid Visa, Prepaid Mastercard, Prepaid American Express Cards, Greendot Moneypak, Ukash Prepaid Cards, PaySafeCard, EntroPay, EcoPayz, WebMoney and more.
We recommend using another method for making a withdrawal as you will be extremely hard-pressed to find an online casino, poker room or sports betting site that will allow you to make withdrawals with prepaid cards. If you do, the process would likely be the same as making a credit card withdrawal. But again, you’re not going to find a gambling site that does it.
Everything about joining an online casino boils down to how you will finance your account. If you find a very convenient way to do so without any hitches, you can enjoy the best gambling experience that particular casino has to offer. To prevent cyber-criminal activity, a few payment options are slowly being phased out including credit/debit cards and a few e-wallet options. In this case, you’re only left with wire transfers, Western Union, and Moneygram options which may not be as convenient as they seem.
These casinos – for example, online casinos that accept prepaid Mastercard – have been dubbed “prepaid casinos”. These casinos provide the highest level of security and reliability for all the players that decide to use prepaid cards to fund their accounts. There are a few trusted and reputable casinos out there but in order to find out which ones work perfectly with prepaid cards, you need to do some research.
Before joining any casino you need to determine whether it guarantees the safety of all players. The casino should be licensed and should comply with all the local regulations. It’s also a good idea to check the certificates that the casino has been awarded by various regulatory bodies. The software must also be impregnable to identity theft attempts to ensure the safety of your money and personal details.
The next thing to consider when looking for a good, reputable and safe online casino includes the measures put in place to prevent any attacks from hackers. For instance, is the encryption technology good enough to prevent information leaks? Is the security firewall impregnable? Are there any anti-fraud measures put in place to prevent hackers from sneaking into the website posing as clients? Also what protocols are followed in the event of any suspicious attack? To guarantee that every player gets the best online casino experience, every casino should adhere to the highest standards in terms of security, especially since online casinos, as well as online poker rooms and online sports betting books, deal with huge amounts of money.
The next parameter for assessing the credibility of any online casino is determining its reliability and how the casino performs when compared with its competitors. Online casinos are supposed to provide a comparable level of gaming experience to what you’d find in land based casinos. The software should be designed replicate all the features of table games and slots that available in brick and mortar gambling establishments. Also, the banking system should be secure, efficient, and convenient for all the users.
If you’ve decided that prepaid cards aren’t for you, here are some of our other favourite deposit methods: