Home Strategy Finance How Prepaid Card Deposits at Canadian Online Casinos Work?

How Prepaid Card Deposits at Canadian Online Casinos Work?

In online casinos, a player can make deposits and withdrawals in a wide variety of methods including credit cards, debit cards, digital wallets and online banking. In fact, nowadays, some online casinos are even allowing deposits and withdrawals via cryptocurrencies and electronic cheques. However, the prepaid card continues to be the preferred method for many players across the world. This article will elaborate upon what using prepaid cards is all about.

What is a Prepaid Card?

A prepaid card is a form of plastic money where the user has to put in an amount beforehand. The amount deposited is the amount that the user can spend. Once the deposit has been used up, the balance becomes nil. A prepaid card never allows a user to exceed the balance. That is why it is the ideal method of payment for those who are on a fixed budget.

Debit cards and credit cards also qualify as plastic money but they are not the same as a prepaid card at all. In the case of a debit card, whatever the user spends gets directly deducted from his/her account at the bank. In the case of a credit card, whatever the user spends gets paid by the company on his/her behalf and the due is paid back by the user in monthly instalments.

Best Online Casinos Accepting Prepaid Cards

Here are some of the most popular gambling sites where players can make deposits and withdrawals with the help of prepaid cards:

  • Spin Casino

This online casino offers a bonus of 100% up to $1000 to welcome new players. Withdrawals via prepaid cards are processed within a span of 3 to 7 days. It is one of the best casinos that accept prepaid Visa cards as there are more than 600 games in its catalogue ahttps://casinohex.org/canada/nd more than 250 of them are slots. Bonuses have to be wagered 50 times. A bonus of 100u% up to $400 is offered on the first deposit and a bonus of 100% up to $300 is offered on the second deposit as well as on the third deposit.

  • Jackpot City

In this gambling site, new players are welcomed with a bonus of 100% up to $1600. Then, they get a bonus of 100% up to $400 on their first, second, third and fourth deposits. However, the player has to make a deposit of more than $10 to get them. Irrespective of which method of payment a player uses, it does not take more than a week to be processed. The catalogue consists of more than 400 games.

  • Ruby Fortune

There are more than 500 games in the catalogue. The bonuses have to be wagered 70 times and a bonus of 100% up to $750 is offered to players right at the time of signing up. Players get a bonus of 100% up to $250 upon making the first deposit, the second deposit and the third deposit. The minimum amount allowed to be deposited is $10. Withdrawals tend to be processed within a span of 1 to 5 working days.

All of the aforementioned online casinos have prompt service and they are supported by software of high quality. The interfaces are very user-friendly and the sites are compatible with multiple devices as well as multiple operating systems. They have authorized licenses and they are protected by special encryption.

Things to Look for in an Online Casino

Choosing the right gambling site is highly essential. A couple of attributes might assist players in weeding out the bad apples:

  • Service

While playing, players might encounter technical glitches. There have been multiple instances where the deposit ended up being unsuccessful in spite of the amount having been deducted from the prepaid card. Whenever something like this happens, the player must be able to reach out to the site and seek a solution. Usually, live chat is the best way of reaching out as it guarantees immediate access.

  • Encryption

When a player uses a prepaid card at a site, the player has to provide necessary information like passwords, numbers, addresses and so on. If the information gets leaked, it will endanger players. As a result, an online casino must have special end-to-end encryption to prevent hacking. The safest sites are often found to be certified by eCOGRA.

CONCLUSION

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When a player uses a prepaid card at an online casino, it must be made sure that the money does not fall in the wrong hands. After all, online gambling involves real money. When an online casino does not have a license, there is a high chance of it turning out to be a fraud. A license acts as a proof of legitimacy. The most popular licensing authorities in the gambling industry are Maltese Gaming Authority, British Gambling Commission, Romanian National Gambling Office and so on. In Canada, there is the Canadian Gaming Association. So, Canadian players do not have much to worry about.

Author’s Bio

Adam Lane, the editor at OnlineCasinoHEX.ca, have great experience in online gambling. His author page is https://onlinecasinohex.ca/author/adamlane/

David Novakhttps://www.gadgetgram.com
For the last 20 years, David Novak has appeared in newspapers, magazines, radio, and TV around the world, reviewing the latest in consumer technology.His byline has appeared in Popular Science, PC Magazine, USA Today, The Wall Street Journal, Electronic House Magazine, GQ, Men’s Journal, National Geographic, Newsweek, Popular Mechanics, Forbes Technology, Readers Digest, Cosmopolitan Magazine, Glamour Magazine, T3 Technology Magazine, Stuff Magazine, Maxim Magazine, Wired Magazine, Laptop Magazine, Indianapolis Monthly, Indiana Business Journal, Better Homes and Garden, CNET, Engadget, InfoWorld, Information Week, Yahoo Technology and Mobile Magazine. He has also made radio appearances on the The Mark Levin Radio Show, The Laura Ingraham Talk Show, Bob & Tom Show, and the Paul Harvey RadioShow. He’s also made TV appearances on The Today Show and The CBS Morning Show.His nationally syndicated newspaper column called the GadgetGUY, appears in over 100 newspapers around the world each week, where Novak enjoys over 3 million in readership. David is also a contributing writer fro Men’s Journal, GQ, Popular Mechanics, T3 Magazine and Electronic House here in the U.S.

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