When you gamble online, the choice of payment method can sometimes make a bigger difference than the games themselves. Good wallets mean fast deposits, smooth withdrawals, and fewer headaches. Bad ones mean fees, stalls, or flat-out rejections.
This isn’t about which wallet looks best in the specs — it’s about which ones actually work for Canadian players. I’ve tested all of the ones I mention here below, so you will get my personal hands on opinions.
Ontario vs. Offshore
First I want to mention Ontario briefly. Ontario plays in its own league, the licensing there is much stricter than anywhere else in Canada, and payments are a part of that.
- In Ontario, you’ll see PayPal, Interac, and ecoPayz most often.
- Skrill, Paysafecard and Neteller are there too.
- Crypto isn’t supported at all by licensed casinos in Ontario.
The upside is reliability. Withdrawals are more consistent, and disputes are actually enforceable. If you want to stick to safe and battle-tested operators, here are the best casinos in Ontario.
Offshore sites accept a wider range of wallets, including crypto, but you give up that level of protection.
Now let’s dive into each wallet, but first, here is a comparison table to give you a quick overview:
Quick Comparison: E-Wallets for Canadian Players
| Wallet | Withdrawal Time | Fees | CAD Support | Ontario Support |
| PayPal | Within 24 hrs (sometimes faster) | High (bad conversion) | Good | Yes (regulated casinos) |
| Skrill | 2–24 hrs | Low–Medium (hidden conversion fees) | Limited | Yes |
| Neteller | 2–24 hrs | Medium–High (VIP lowers costs) | Limited | Yes |
| ecoPayz | 24–48 hrs | Medium | Good | Yes (not universal) |
| MuchBetter | 12–24 hrs | Low–Medium | Good | Limited |
| Apple Pay | ❌ Not supported | Low | Good | Yes (deposits only) |
| Google Pay | ❌ Not supported | Low | Good | Yes (deposits only) |
| Paysafecard | 2–24 hrs | High | Good | Yes |
| Crypto Wallets (BTC, ETH, USDT) | 1–60 mins (chain-dependent) | Very Low | N/A | ❌ Not allowed |
| Interac | 1–3 days | Low | Excellent | Very Common |
1. PayPal
- Withdrawal time: Usually withdrawals hit within 24 hours, sometimes much faster, depending on the casino.
- Fees: High (bad currency conversion)
- Where it works: Ontario-regulated casinos
PayPal is the fastest and most convenient when it’s available. The problem is the fees are quite high and their currency conversion feels to the brink of scammy. But it’s one of the most convenient methods, so it’s very popular.
2. Skrill
- Withdrawal time: Normally within 2-3 hours, but can take up to 24 hours.
- Fees: Low to Medium (somewhat bad currency conversion)
- Where it works: Almost everywhere, both offshore and Ontario
Skrill is accepted at nearly every Canadian-facing casino. The downside is fees. Fees fees fees! Conversion costs and bank transfer charges eat into your balance if you use it often. Their currency conversion isn’t as bad as paypal, but they still bake in some “hidden fees” here.
3. Neteller
- Withdrawal time: Usually within 2-3 hours (just like Skrill)
- Fees: Medium to high, lower for VIP accounts
- Where it works: Widely accepted
Neteller is basically the same as Skrill. Owned by the same company even. But some players like to split up their money between wallets, so that’s where having both Skrill and Neteller could make sense. The costs and everything else is the same as Skrill.
One thing I should mention is that Skrill and Neteller also have a VIP program with three tiers (Silver, Gold and Diamond).
Basically the more you use your wallets, the more VIP points you get. And the VIP points count towards a better “rank” so that you get lower fees.
You can also cash in your vip points and redeem actual money with them. Though don’t expect much, you have to spend quite a lot to even extract $5, but it’s better than nothing.
4. ecoPayz
- Withdrawal time: 24–48 hours
- Fees: Medium
- Where it works: Good coverage, but not universal
ecoPayz supports CAD, which makes it useful for Canadians. It also offers account tiers. Higher tier levels mean better limits and lower fees. The limitation is that not every casino supports it, but overall a very popular choice among Canadians.
5. MuchBetter
- Withdrawal time: 12–24 hours
- Fees: Low to medium
- Where it works: Some casinos, but not all
MuchBetter is mobile-focused, with a clean app and real-time notifications. Fees are generally lower than Skrill or Neteller. The downside is limited acceptance — not every casino offers it yet.
6. Apple Pay
- Withdrawals: Not supported
- Fees: Low
- Where it works: iOS users at supporting casinos
Apple Pay is one of the easiest deposit methods. Face ID or Touch ID and you’re done. The limitation is obvious: you can’t withdraw with it. It’s not an ewallet in its traditional meaning, since it’s connected to your credit or debit card, but somehow it’s become common praxis to include it under “ewallets”.
7. Google Pay
- Deposits: Instant
- Withdrawals: Not supported
- Fees: Low
- Where it works: Android users at supporting casinos
Google Pay works much like Apple Pay but for Android. Great and convenient for deposits but doesn’t handle withdrawals.
8. Paysafecard
- Withdrawal time: Normally 2h – 24h
- Fees: High
- Where it works: Widely supported among online casinos
Paysafecard is prepaid. Also owned by the same company that owns Skrill and Neteller.
You buy a voucher, load the code, and the funds appear instantly. The fees are pretty high, but it’s good for anonymity and budgeting.
How it works is that you create an account on paysafecard.com, then you load your vouchers in there. And from there you can deposit to casinos and withdraw back to your paysafecard account.
9. Crypto Wallets (BTC, ETH, Stablecoins)
- Withdrawals: 1–60 minutes (depending on the chain)
- Fees: Very low
- Where it works: Rest of Canada (not Ontario)
Crypto wallets can be the fastest method overall. Transfers often land within an hour. The risk is volatility if you use any of the smaller coins.. meaning your winnings can lose value before you convert them back to CAD. But there is a stablecoin called USDT which is on the blockchain, which doesn’t fluctuate in value. Regulated Ontario casinos don’t allow crypto.
10. Interac e-Transfer
- Withdrawals: 1-3 days
- Fees: Low
- Where it works: Common in Canada
Interac isn’t technically an e-wallet, but it’s too important to leave off. Deposits with Interac are smooth and familiar for Canadians. You basically connect your bank account through interac, and you can deposit instantly from your bank account and withdraw back to it.
Practical Tips
- Verify accounts early. Casinos and wallets both ask for ID before bigger withdrawals. Don’t wait until you win.
- Pair deposit and withdrawal methods. Use something like Apple Pay for deposits and Skrill for withdrawals.
- Avoid unnecessary conversion. Stick with CAD-friendly wallets when you can (to keep conversion fees down).
- Keep wallets separate. Treat one as your “gambling wallet” so your main bank account stays untouched.
- Check casino rules. Some sites force you to withdraw the same way you deposited.
Final Thoughts
No single e-wallet does everything. The best approach is to keep two or three ready. For most Canadian players, that means:
- PayPal when the casino supports it (fastest and safest).
- Skrill or Neteller for wide acceptance offshore.
- Interac for everyday ease in Canada.
MuchBetter, ecoPayz, Apple Pay, and Google Pay all have their uses. Crypto is fast but only offshore. Paysafecard works for deposits if you want budgeting or privacy, but you’ll need another way to cash out.
The right setup depends on where you play and what you value — speed, fees, or simplicity. With a couple of options ready, you’ll always have a smooth way to move money in and, more importantly, out.
