Canadian Bingo Deposit Methods
Several prominent bingo portals in existence today do not have payment modes which are conducive to the rules and regulations of the Canadian gaming industry. This has led to the spawning of many Canada bingo sites which support their compatible payment channels. Canadian Bingo deposit methods are mostly easy to use and uncomplicated; as they do not involve an elaborate signing up process.
Credit Cards as a Canadian Bingo Deposit Method
Credit Cards are a popular method of making a deposit in an online bingo website because unlike casino and poker websites which cannot affect deposits and withdrawals via credit cards without pre-approvals and limits, bingo is not denied access. Among credit cards, those issued by Visa and Mastercard are the more popular payment modes for Canadian bingo players.
Using E-Wallets for Canadian Bingo Deposits
The concept of e-Wallets has caught on in Internet bingo gaming circles and many users already have created their own e-Wallet accounts online. E-Wallets as the name suggests, act as an online repository for player funds until they are used. Users can make deposits and withdrawals from e-wallets as they would from actual ones. E-Wallets can be used to make payments at merchant websites as well, allowing for security of transaction and payment protection. There are quite a few e-Wallet services which are quite popular among Canadian bingo players including:
- Moneybookers
- Click2Pay
- Click2Buy
- Neteller
- EcoCard
EcoCard: Proving to be a very popular e-Wallet product among Canadian bingo enthusiasts. Players can make deposits into their active EcoCard accounts using their online bank accounts (currently the service is compatible only with Royal Bank of Canada accounts) and use the funds to make deposits at the bingo sites afterwards.
NETeller: This was one of the leading e-Wallet services in Canada but unfortunately, has recently started excluding Canadians from its service net.
Click2Pay and Click2Buy: These payment methods are just catching on and not many bingo rooms support them at the moment.
Moneybookers: Allowing users the flexibility of using their own bank account to make Canadian Bingo deposits without having to worry about the security of financial data at the website.
Relatively New Ways of Making Canadian Bingo Deposits
Another emerging online payment processing service is UseMyBank, which links the users account with the player’s actual bank account. So while payments and withdrawals are made with the UseMyBank account, effectively the amount gets debited from their real accounts.
Another payment mode that is slowly making inroads into online bingo is 900Pay. This payment channel completely does away with the requirement of having credit cards. Players can transfer funds using their telephone and the processing charges will be reflected in their monthly telephone bill. Players can choose to transfer their money either in Canadian dollars or in USD at a time. Once you have performed three such transactions you must register with the service provider. The system has a minimum transfer limit and a maximum transfer limit for users, who are required to keep to the limits or pay a small fee. 900Pay has been devised by NETeller which is reputed to be one of the most popular e-Wallet services in the Internet space currently.
A similar solution that allows users to make deposits with their mobile phone is iPoint. Canadian Dollar Bingo is a strong advocate of iPoint and players can link their playing account with their iPoint IDs to make direct Canadian Bingo deposits.