E-wallet payment processors have become an important part of the online gambling economy. In some countries, like the UK and Australia —where credit cards are expressly not allowed—they have become a necessity. All in all, it seems card-based deposits are fading out in the realm of iGaming.
Most recently, the Australian government enforced a ban on the use of credit cards for online wagering, which came into effect on June 11, 2024. Canada currently seems to be one of the few exceptions to the rule.
Best E-Wallet Gaming Brands
- AU and CA
- Many eWallets
- eZeeWallet
- Mifinity
- www.luckyreels.io
- 83%
- via UTORG
- Yes*
- CA and NZ
- Many ewallets
- Muchbetter
- Google Pay
- www.grandmondialcasino.com
- 90%
- Unlocked
- 10CAD deposit*
- CA and NZ
- Muchbetter
- Crypto
- Payz
- www.captaincooks.com
- 85%
- Unlocked
- 10CAD deposit*
Web wallets, aka E-Wallets, fill that gap by giving people a safe, secure way to hold money in a “digital wallet”. Users can spend the funds in their eWallet to make online purchases. They can also send and receive funds with anyone else who has the same brand of web wallet.
Linking a bank account to an eWallet gives the user even more flexibility. Funds can be loaded into the wallet from the bank. If there aren’t enough funds in the wallet to cover a purchase or transfer, the difference can be set to auto-draw from the bank. Likewise, funds in the wallet can be sent back to the bank account.
For mobile casino enthusiasts, these can be invaluable qualities for moving money in and out of an iGaming account. Not only do e-wallets make depositing into a casino account a breeze, it gives players a direct and hassle-free way to cash out their winnings by serving as a link back to their personal checking account.
There are all types of digital wallets on the web today. Some get more attention than others. One of the most popular options that can be used in Canada is Skrill. It’s supported by most iGaming websites, and can also be used to make purchases and accept payments from individuals all over the Internet. PayPal is perhaps even more universally used, but their strict requirements for gambling usage means that PayPal is only accepted at a select few casinos.
#1 Interac
Interac has a seamless connection to major banks across Canada. You can easily link your bank account during Interac’s sign-up. Funds can then be transferred into the Interac e-wallet within minutes.Since all transactions are in Canadian dollars, there are no annoying currency conversion fees for you.
▶ Read our Interac ewallet review.
#2 Payz
ecoPayz (rebranded as Payz), launched way back in 2000, keeps it simple for users like you. Its sleek mobile app and website make deposits incredibly straightforward. You enter your ecoPayz account email/username, desired deposit amount, and any necessary security credentials. The instant payment is processed right away.
EcoPayz is also known for multilingual customer support and an intuitive iPhone app. While fees are slightly higher compared to the likes of Skrill or Neteller, Payz is still an excellent choice. You go through a quick verification process during signup. Once your account is validated, deposits take just minutes by following simple prompts.
#3 Muchbetter
MuchBetter brings flexibility by accepting various funding sources, including cryptocurrency and Interac options. You can choose the method that works best at the time. Whether making a deposit or withdrawing casino winnings, the process follows the same easy flow. Just confirm the amount and enter any required account details. (Official Muchbetter site here)
▶ Read our MuchBetter ewallet review.
#4 Paysafecard
Paysafecard utilizes prepaid vouchers available for purchase at local shops. You simply buy a voucher, scratch off the panel to reveal a unique PIN code, then enter that PIN when funding your casino account. No bank account or card information is needed from you. This makes Paysafecard one of the most secure e-wallet methods. (Official Paysafecard site here)
▶ Read our Paysafecard review.
#5 iDebit
iDebit links directly to your Canadian bank account for convenient funding. As a service, deposits and withdrawals are processed quickly without currency conversion fees. iDebit keeps all of your sensitive financial information secure throughout transactions.
▶ Read our iDebit ewallet review.
#6 Instadebit
Instadebit acts as a third-party payment processor, facilitating transactions between users and merchants. (Official Instadebit site here)
About the brand, Instadebit is a Canadian company that was founded in 2003. It is owned and operated by Instadebit International Solutions Ltd. The company uses advanced security measures to protect users’ sensitive information. This includes 128-bit encryption technology to secure all communication between users and Instadebit, as well as privacy monitoring by leading security certification firm VeriSign. With 24/7 customer support and a user-friendly interface, it’s no wonder Instadebit has become a go-to choice for discerning Canadian gamblers.
▶ Read our Instadebit ewallet review.
#7 Skrill
Owned by Paysafe, Skrill is one of the most popular eWallets in the online gambling industry thanks to its fast processing speeds. Transactions are highly secure as you only provide your Skrill account details, not sensitive banking information.
#8 Paypal
PayPal: While not as widely accepted at Canadian online casinos (except in Ontario), PayPal is the world’s most popular eWallet. It offers safety, fraud protection, speed, convenience, and is mobile-friendly.
▶ Read our Paypal ewallet review.
#9 Mifinity
MiFinity eWallet: A secure and convenient eWallet that allows users to pay online, receive funds, and send money globally. MiFinity supports multiple currencies and integrates with over 75 local payment methods for easy deposits and withdrawals. It is accepted at hundreds of online merchant sites, including many Canadian online casinos.
▶ Read our Mifinity ewallet review.
#10 Flykk
Flykk: A new digital money transfer service that aims to simplify the process of sending money. With Flykk, users can avoid the hassle of sharing bank details and hidden costs associated with traditional money transfers. The company’s slogan, “Don’t transfer it… flykk® it,” emphasizes its goal of providing a simple and easy way to send money.
#11 eZeeWallet
eZeeWallet is a secure and convenient eWallet for online transactions, including iGaming. It supports funding via credit cards, bank transfers, and local payment options. Known for its user-friendly interface and fast transactions, eZeeWallet is a popular choice for online casino players.
▶ Read our eZeeWallet review.
#12 Jeton
Jeton is a versatile e-wallet solution tailored for the iGaming industry, offering secure and efficient transactions. It supports over 50 currencies, ensuring global accessibility, and adheres to stringent KYC regulations for enhanced security. Jeton integrates popular payment methods, providing a user-friendly experience, and helps iGaming businesses manage high-risk account challenges
▶ Read our Jeton review.
List of Deprecated e-wallets for Canadian iGaming:
Neteller (ended) is no longer available in Canada . The brand has been facilitating online payments since 1999. Offering a prepaid card and app, Neteller made casino transactions fast and straightforward. Their low fees and processing times in just 24 hours also made Neteller a great option. However this option is no longer available for Canadians.
EntroPay (ended), once a popular virtual prepaid Visa card and eWallet used for online casino transactions, is no longer available as of July 1, 2019. As of 2024, players seeking to use EntroPay for online casino deposits and withdrawals will need to find alternative payment methods. EntroPay was known for its added security and anonymity, allowing users to make transactions without disclosing personal or credit card information.
Click2Pay (ended), once a popular eWallet for Canadian iGaming, is no longer in operation. This third-party payment processor allowed users to fund an online account using traditional banking methods, making it a convenient option for online gambling enthusiasts. Click2Pay was known for its ease of use and secure transactions, providing a reliable way to manage deposits and withdrawals at online casinos. However, like EntroPay, Click2Pay has been discontinued, and Canadian players will need to explore alternative payment methods.
List of Most Popular Digital Wallets
- Apple Pay: Mobile payment service allowing secure casino deposits from Apple devices without sharing financial info. (Find Apple Pay here)
- Google Pay: Similar to Apple Pay, enables safe casino deposits from Android devices without disclosing banking details. (Find Google Pay here)
- Paysafecard prepaid vouchers: Cash-purchased PIN vouchers used for casino deposits, no bank account or credit card needed. (Find PaySafecard Vouchers here)
- Samsung Pay is a versatile mobile payment system that allows users to make secure payments using their Samsung smartphones or smartwatches. It leverages both Near Field Communication (NFC) and Magnetic Secure Transmission (MST) technologies, making it compatible with a wide range of payment terminals. The good news is that Samsung Pay is an emerging deposit method at online casinos. (Find Samsung Pay here)
How to Use an E-Wallet at an Online Casino
If you’d like to use an e-wallet to facilitate your online gambling, you’ll first need to sign up for an e-wallet account. The signup process is relatively simple and should just take a few minutes. You’ll have to supply your name, address, and date of birth. Make sure you provide true and accurate information, or you’re guaranteed to hit some (potentially costly) roadblocks along the way.
Once you open your account, you’ll want to link it to either a bank account or a debit card. This will give you a source of funds for deposits. We recommend linking to a bank account so that you can cash out casino winnings to your eWallet, then transfer them to your checking or savings account.
There should be a multi-step verification process to prevent fraudulent activity. These can vary from one web wallet to the next, but if your info is accurate, it’s not difficult. Follow the instructions to verify your account. From there, you can load funds into the digital wallet.
With your e-wallet setup and funded, you’re ready to make a deposit. Log into your online casino account, tap your way to the cashier and choose to make a deposit. Look for the name of your eWallet and press on it. You’ll need to enter the amount you wish to deposit and the username or email associated with your web wallet account. You’ll be redirected to the eWallet’s website to log in and confirm the purchase.
It really is that easy. In just a few taps, your online casino account is funded. The transfer occurs instantly, giving you immediate access to the funds to play your favorite games.
Best Casino Brands Accepting E-Wallet Deposits
In the current world of online gambling, it seems every iGaming operator accepts at least one eWallet brand. Some boast a throng of them. But if it’s a particular web wallet you’re looking for, we can help.
We have compiled for you a top-list of the best brands for each ewallet option (see below). Immediately afterwards, we recap our general recommendations for Canada and follow that up with a more extensive list of casino ewallet compatibilities.
Best iGaming Brand for Skrill Award (in ROC)
For Skrill users, our pick for the best brand is PlayOjo. This particular brand accept Skrill deposits for Canadian players inside and outside of Ontario. They also have a long history, and are established brands with an arm in the legal ON market. Additionally they have a positive track record in Canada, and offer leading edge gaming experiences.
Best iGaming Brand for InstaDebit Award (in ROC)
888 Casino‘s longevity and solid reputation in Canada make it our top pick for Instadebit deposits in Rest of Canada. Additionally their tri-fecta portfolio of offerings: Sports, Casino, and Poker, is quite attractive and deserving of first place here.
The brand provides a secure and user-friendly platform for Instadebit transactions. This reputable iGaming site employs advanced encryption technology to protect sensitive information and has a responsive customer support team available to assist with any payment-related questions.
Best iGaming Brand for MuchBetter Award (in ON)
Casumo is our top pick as a MuchBetter-compatible brand in Ontario. Why? Because they are innovative, offering everything from live dealer experiences to video slots. Not only that, but they are also an award-winning outfit, having racked up at least 10 awards according to their Wikipedia page, including:
- 2017 eGaming Review (EGR) Nordic Awards: Mobile Operator[18]
- 2018 eGaming Review (EGR) Nordic Awards: Mobile Operator[19]
- 2019 International Gaming (IGA) Awards: Online Casino Operator[20]
Casumo’s commitment to providing a top-notch gaming experience, coupled with their support for convenient payment methods like MuchBetter, makes them a standout choice for Ontario players. This is why we made them our Muchbetter pick.
Best iGaming Brand for Apple Pay Award (in ON)
With its impressive game library, trustworthy reputation, and support for Apple Pay, PlayOJO is the clear frontrunner for Ontario players seeking a top-notch eWallet casino experience.
Best iGaming Brand for PayPal Award (in ON)
Caesars Palace is consistently ranked as one of the best PayPal casinos in Ontario, offering a secure and entertaining gaming experience for players. Licensed by the AGCO and approved by iGaming Ontario, Caesars ensures a safe and regulated environment for its users.
With an impressive selection of thousands of high-quality slots, hundreds of table games, and more than a dozen live casino games like blackjack, roulette, and baccarat, Caesars caters to a wide range of gaming preferences. The new ontario brand features titles from top providers such as NetEnt, IGT, and Evolution Gaming, as well as custom online casino experiences.
eCheckCasinos.ca Awards of the Best Canadian iGaming eWallets
At eCheckCasinos.ca, we ranked MuchBetter as the best iGaming eWallet due to its innovative features, advanced security, and integration of multiple payment types. This includes crypto and fiat currencies.
Skrill secured the second spot for its fast transaction times, global payment support, and attractive loyalty program, Skrill Knect. Knect rewards users with points that can be exchanged for cash and other perks.
Payz (formerly ecoPayz) was ranked third thanks to its multi-currency support, allowing deposits in over 45 currencies. Payz offers a reliable service, and user-friendly mobile app. It’s overall a versatile and straightforward option for managing funds
eWallets vs eCheck Comparison
| Feature | eWallets | eCheck |
|---|---|---|
| Processing Speed | Instant deposits and withdrawals | Instant deposits, but withdrawals can take 3-7 days |
| Transaction Costs | Generally low fees, but can vary by provider | Often lower remittance costs compared to other methods |
| Security | High security with encryption and fraud protection | High security with encryption technology |
| Ease of Use | User-friendly interfaces, mobile apps available | Simple process, but requires bank account details |
| Multi-Currency Support | Supports multiple currencies (e.g., Payz supports over 45 currencies) | Primarily used within national borders, limited international use |
| Anonymity | Varies by provider, some offer high anonymity (e.g., Skrill) | Less anonymity, as it requires bank account information |
| Loyalty Programs | Some eWallets offer loyalty programs (e.g., Skrill Knect) | Not applicable |
| Mobile Accessibility | High, with dedicated mobile apps (e.g., Payz, Skrill) | Moderate, depends on the casino’s mobile compatibility |
| Regulation and Trust | Well-regulated and trusted by many online casinos | Trusted for over two decades, regulated by financial institutions |
| Usage | Widely accepted at online casinos, supports various payment methods | Accepted at many online casinos, but fewer options compared to eWallets |
Why Use an E-Wallet?
While there are several advantages to using an e-wallet site, players tend to gravitate toward them for two important reasons. First, they provide a full-service solution for all of your online gambling needs. Not only can you make deposits with them, you can cash out your winnings as well. Once the funds hit the wallet, you can direct them over to your bank. Or, you can use them to deposit at another casino. Whatever you need at the time.
Another reason to use e-wallets is the extra layer of security they provide. You will need to give your checking account or bank card information to the e-wallet one time. After that, no casino or any other party will see that information. Never again will it have to be transmitted when making deposits or withdrawals.
Although the risk of fraud or hacking through reputable websites is already very low, many players enjoy knowing their personal information has as little exposure as possible.
Best iGaming eWallets in Rest of World (New Section)
As the popularity of eWallets continues to grow globally, different regions have developed their own preferences and leading eWallet services. Understanding these regional favorites can provide valuable insights for players and help them choose the best options for their needs. Here’s a look at some of the most popular eWallets around the world:
Top eWallets for Online Gambling in Germany
In Germany, many users prefer “online casinos mit ewallet” for secure transactions. E-wallets provide a safe and convenient way to manage funds without exposing sensitive banking information. Popular eWallet brands in Germany include:
- PayPal
- Skrill
- Neteller
Leading eWallets for Romanian Online Casinos
Romanian players often search for “cazinouri cu ewallet” to find compatible online casinos. These digital wallets offer quick and easy deposits and withdrawals, enhancing the overall gaming experience. Popular eWallet brands in Romania include:
- Skrill
- Neteller
- PayPal
Preferred eWallets for Malaysian Online Casinos
In Malaysia, “doitnow ewallet” and “Touch ‘n Go ewallet” are popular choices for online casino deposits. These eWallets support multiple currencies and integrate with various local payment methods, making them versatile options for players. Popular eWallet brands in Malaysia include:
- Touch ‘n Go eWallet
- Boost
- GrabPay
Best eWallets for UK Online Casinos
In the UK, eWallets are a preferred method for online casino transactions due to their speed and security. Popular eWallet brands in the UK include:
- PayPal
- Skrill
- Neteller
Top eWallets for Australian Online Gambling
Australian players often use eWallets for their ease of use and quick transaction times. Popular eWallet brands in Australia include:
- POLi
- Skrill
- Neteller
Popular eWallets for US Online Casinos
In the United States, eWallets are gaining popularity for online gambling due to their convenience and security. Popular eWallet brands in the US include:
- PayPal
- Venmo
- Skrill
Popular eWallets for iGaming in Japan
In Japan, many users prefer “オンラインカジノで使える電子財布” (online casinos with eWallets) for their convenience and security. E-wallets are becoming increasingly popular for online transactions. Popular eWallet brands in Japan that are used for iGaming include:
- iWallet
- Venus Point
Other popular eWallets in Japan, such as Line Pay, Rakuten Pay, auPay, MerPay, and PayPay, are primarily used for general e-commerce and everyday transactions rather than for gambling.
How do I set up and fund my eWallet in Canada ?
Setting up and funding an eWallet is straightforward:
- Choose an eWallet provider: Select a reputable eWallet service such as MiFinity, which supports multiple currencies and integrates well with various local payment methods.
- Create an account: Sign up on the eWallet provider's website and follow the instructions to create your account.
- Link your bank account: Connect your bank account to your eWallet to enable easy fund transfers.
- Load funds: Transfer money from your bank account to your eWallet.
- Deposit at the casino: Log into your online casino account, navigate to the cashier, select your eWallet, enter the deposit amount, and confirm the transaction.
Are there any fees associated with using eWallets at Canadian casinos?
Most eWallets do not charge fees for deposits or withdrawals at online casinos. However, it is essential to check the specific terms and conditions of both the eWallet provider and the online casino, as some may impose nominal fees for certain transactions.
How fast are eWallet transactions?
eWallet transactions are typically instant. Once you confirm a deposit, the funds are immediately available in your online casino account, allowing you to start playing without delay. Withdrawals may take a bit longer, depending on the casino's processing times, but they are generally faster than traditional bank transfers.
What are the best eWallets for iGaming in Canada?
Our picks for the top 3 eWallets for Canadian online casinos include:
- MiFinity: Known for its security, convenience, and support for multiple currencies and local payment methods.
- Skrill: Widely accepted and offers fast transactions.
- MuchBetter: MuchBetter specializes in next level integration of multiple payment types, including crypto and fiat currencies. Its innovative features and security protocols make it a strong contender for Canadian iGaming.
How do I ensure the security of my eWallet transactions?
To ensure the security of your eWallet transactions:
- Choose reputable casinos: Only play at online casinos that are licensed and regulated by reputable authorities.
- Check for HTTPS: Ensure the casino's website uses HTTPS, indicating a secure connection.
- Use strong passwords: Protect your eWallet account with a strong, unique password.
- Enable two-factor authentication: If available, enable two-factor authentication for an added layer of security.
