Best e-Wallet Online Casinos 2021
e-Wallet casinos simply refer to online casinos that accept e-wallet payments for real money games. eWallet payment options have certainly made casino banking so much simpler and offer a secure way to make deposits and withdrawals between your casino account and personal bank account.
In this guide, we will give you all the information that you might need about e-wallet services. This includes:
Casinos That Accept e-Wallet Payments
How Does eWallet Work?
eWallets i.e. electronic wallets is a modern financial technology that allows you to streamline all financial transactions. By using the eWallet service you are able to send and receive funds from your bank account using your smartphone or another device. This is also a great payment method for online players as it offers complete anonymity. Unlike other payment methods, eWallets don’t need your personal or banking information to process the payment. In most cases, all you need to provide is a valid telephone number.
Casino eWallet services like Skrill, PayPal, ecoPayz, and Neteller are available for you to use and act as the perfect middle man, helping you transfer funds between your bank account and your casino account. E-Wallet services are also quicker than most of the other methods, they are widely available, and are SSL secure.
If you would like to use e-wallet services as a payment method at casinos, but you are not quite sure how to go about it, don’t worry, we’ve got you. To use any of the e-wallet services mentioned above, you must first create an account. Here’s how you do that:
- Download and install the service onto your device and fill in any information it may require. This will include basic information like your name and telephone number.
- eWallet services allow you to store multiple card details on one account which is another convenient feature. You can also edit your card details at any time and even remove a card if you no longer want to have it saved there.
- Once you’ve completed the admin part, your account should be activated and you should be able to make and receive payments almost immediately.
When you sign in to your casino account, just head over to the casino banking section and click on the relevant button to make a deposit. Then, choose the e-wallet service that you have created an account for. Because you are an already registered member of the service, all your details will automatically be filled in and all you have to do is insert your password to complete the deposit.
Making withdrawals using e-wallets works more or less the same as making a deposit. When requesting a withdrawal, select the e-wallet service that you have created an account for. Then follow any other prompts that the casino might have. Make sure to check what the waiting period is and also take note of the charges attached to using that particular method for withdrawals. Some e-wallet withdrawals are instant, while others may take up to 24hours or longer to finalize.
Top 5 eWallet Payment Methods
There are quite a few e-wallet payment options available to Canadian players. Each of these options has unique stand-out features that make them great. Have a look at the most popular options offered at online casinos today.
|Method||Processing Time||Fee||Min Deposit||Max Withdrawal|
|Skrill||Instant (24hrs max)||Free – Up to 4.99%||$1.22||$10,000/per day|
|Neteller||Instant (24hrs max)||Free – Up to 2.5%||$1.20||$100,000/per day|
|PayPal||Instant (24hrs max)||Free||$1.00||$10,000/per day|
|EcoPayz||Instant (24hrs max)||Free – 1.69-6.00%||$10.00||$7,000/per day|
|AstroPay||Instant (24hrs max)||Free – 1%||$100||$1000/per day|
It’s not uncommon for casinos to offer bonuses for using a specific banking method. Cryptocurrency bonuses are quite popular. However, when a casino does offer banking bonuses, it hardly ever applies to e-wallet services.
A typical example of such a bonus might be cashback bonuses and/or free spins. Fortunately, there are many other bonuses and rewards that you can benefit from. This includes welcome bonuses when you first sign up, no deposit bonuses, and refer a friend bonuses when you manage to successfully refer a friend. There are also other promotions and loyalty rewards programs.
eWallet Casino Fees and Limits
eWallet services are quite efficient and so it’s expected for them to charge you some kind of fee for using the service. How much you will pay depends on the country you live in, how much money you are transferring, and the kind of e-wallet service itself.
eWallet methods can charge you in three ways: for deposits, withdrawals, and currency exchange services. Deposit fees aren’t always applicable but this depends on the casino you play at. If it does apply, you may be charged a commission fee for loading money into the account. The standard rate is about 1% of the overall amount, while other casinos go excessive with rates of 2.5% or more.
Withdrawal charges are more certain than deposit charges. Most e-wallets do charge you when transferring money from your e-wallet account to your personal bank account. The fee here is also generally 1% of the total amount, but it can be more.
On rare occasions, you might need to have your money exchanged into another currency. For example, you are a Canadian vacationing in Australia and decided to enjoy a bit of gambling while there. You will need to have your C$ converted into AU$ and PayPal is great for this. This will cost you a small fee.
Advantages and Disadvantages of eWallet Casinos
We would recommend using any of the e-wallets that we’ve mentioned because they are proven to be good payment options. But there are also some less than favorable features that come with using these payment methods. Let’s have a look at the pros and cons.
- You are able to store more than one card
- Fast deposit and withdrawal times
- Very secure payments
- Easily accessible & convenient
- Cannot make payments in offline mode
- There are fees for deposits and withdrawals
- Casinos rarely offer casino bonuses for e-wallet payments
eWallet Casinos Online
eWallet payment methods are super convenient and offer the anonymity that players love. But there are various other banking methods available to you when you play at our online casinos. This includes credit/debit card payments, as well as cryptocurrency methods. Sign up for real money today.