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Debit cards, online methods remain ‘fastest’ methods for withdrawal from Canada casinos

Publish Date: 07/10/2022
Fact checked by: Mike Goodpaster
person holding black android smartphone - Canada's new money transfer platform: Wealthsimple Cash App! Via: techdaily.ca | #zelle #cashapp #venmo #wealthsimplecash #transferwise #money, tags: fastest canada - unsplash

person holding black android smartphone – Canada’s new money transfer platform: Wealthsimple Cash App!

Via: techdaily.ca | #zelle #cashapp #venmo #wealthsimplecash #transferwise #money – unsplash

Interest in online gambling has grown in recent years throughout the world, including in Canada. While the popularity of online gambling grows, some people are looking for the quickest and easiest way to make a deposit and withdrawal.

In Canada, the whole gaming industry reached a value of $14.4 billion in 2021. Data from Infolink also showed that 39 percent of the people in Ontario were participating in online gaming.

Canadians enjoy playing casino games such as blackjack, poker, slots, keno, and the lottery. Regardless of the games that each player plays, they typically have one similar desire: to earn their profits as quickly and easily as possible.

Some online casinos provide a quick withdrawal process, while others take longer. PayPal, Skrill, Visa, and Neteller are some of the most popular withdrawal options for making the fastest withdrawals from Canadian online casinos.

Several banking options also offer mobile applications that can help customers cash out or manage their money easily.

As for deposits, debit cards are the most common way used to finance casino accounts, considering that the majority of Canadians reportedly have at least one. Debit cards provide a quick and safe way to fund the account.

During registration, users must enter their card numbers that are printed on the front part of the card. The perk of using a debit card when making a deposit is that users do not have to re-enter their card information when they want to make another deposit in the future. Moreover, users can have greater control of their own gaming expenses as well.

However, the downside of debit cards is the risk of losing money out of their bank account if a hacker manages to hack into their casino account.

Another alternative is to use a prepaid card where users can limit their spending before playing because they already put a specific amount into their account beforehand.

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