Nov 25

Best Canadian Casino Deposit Options for 2017

Blog, Canada, eCheck, Mastercard, Payment Options, Skrill Comments Off on Best Canadian Casino Deposit Options for 2017

Skrill Prepaid MasterCardI’ve long considered Skrill to be one of the best Canadian casino deposit options on the market. But with the parent company, Paysafe Group (which also owns Neteller) changing the rules for its immensely popular Prepaid MasterCard, that may no longer be the case.

This prepaid card, commonly referred to as the Skrill Card, is a physical, plastic card that all Skrill members could apply for. They’d have the card within days, and could use it to directly access the funds in their Skrill account, using it online or at any land-based retailer that accepts MasterCard. They could even withdrawal the funds at most ATM machines.

This was a Godsend, because, even though most Canadian casino deposit options are instant, withdrawals rarely are. The Prepaid MasterCard gave internet gamblers one of the only instant withdrawal options on the market. As soon as their online casino processed a cashout request to Skrill, the funds would become instantly available through this prepaid card.

It was enough to overlook the relatively high fees charged by Skrill to use its service. These include a $10 annual fee for the Skrill Card, 1.9% fee on all credit/debit card deposits to Skrill, 1.9% fee to send money, plus a $7.98 fee to withdrawal funds to a bank account (eliminated by the use of the Skrill Card).

But alas, Paysafe Group announced just last week that, as of today, November 25, 2016, Prepaid MasterCard services would no longer be available in over 100 countries. Only a few specific countries were named in the announcement, including Australia, Brazil, Columbia and New Zealand. Whether Canada would be effected was unknown at the time.

But now, the truth is out. The Skrill Card FAQ page has been updated with a cute little asterisk mark that notes:

*Skrill card is only available to residents of authorized Single Euro Payments Area (SEPA) countries.”

As the full title implies, SEPA Countries are, obviously, all located in Europe. There are 34 of them in all, consisting of 28 European Union (EU) member states, 3 members of the European Economic Area (EEA), and 3 states that have agreements (but not full membership) with the EU.

Complete List of SEPA Countries in 2016

Austria Hungary Poland
Belgium Iceland Portugal
Bulgaria Ireland Romania
Croatia Italy San Marino
Cyprus Latvia Slovakia
Czech Republic Liechtenstein Slovakia
Denmark Lithuania Slovenia
Estonia Luxembourg Spain
Finalnd Malta Sweden
France Monaco Switzerland
Germany Netherlands United Kingdom
Greece Norway

 

Clearly, the Skrill Card is no longer available to Canadians.

Neteller Net+ Prepaid MasterCard Out Too?

It’s widely assumed that Neteller’s Net+ Prepaid MasterCard will suffer the same fate, sooner or later. The email from Paysafe Group that went out to countless customers recently only indicated that Skrill Prepaid MasterCard would no longer be available in many countries. But being the parent of both companies, and with both cards being issued through MasterCard, why alter one and not the other?

Mystery Behind MasterCard Elimination

The company gave absolutely no indication as to why it pulled Prepaid MasterCard from all but SEPA countries, but I have a theory.

The SEPA was established to create a cheap – most often free – means for European states to make quick payments for customers and merchants alike. SEPA actually eliminates the traditionally high fees associated with bank wire transfers. And, as of November 2017, SEPA payments will all become instant. So essentially, it’s an area where payments are fast and cheap, and could save Paysafe Group a lot of money in the long term.

Now let’s look at MasterCard’s role in Canada. For years, MasterCard deposits were free. Then today, out of nowhere, a Canadian forum member posted that he’d been trying to use a prepaid MasterCard to make a $200 deposit at an online casino, but it kept getting declined.

He called up MasterCard to ask why, and was told the company is now charging a minuscule fee for deposits. In his case, it was only $0.37, but that was $0.37 more than his prepaid card had on it.

I think there’s a connection here. If MasterCard started charing customers more as of today, it would make sense they are charging card issuers like Skrill more, too.

Today, November 25, Skrill Prepaid MasterCard is shut down in Canada, and today, Prepaid MasterCard deposits require a fee? It would certainly seem Paysafe Group new about the upcoming changes to the credit card company’s fee schedules, and revoked use of the card in non-SEPA countries to avoid paying whatever new fees they were surely about to be assessed.

Best Canadian Casino Deposit Options

Since Skrill’s biggest attraction was its instantaneous withdrawals, Canadians who don’t want to pay the relatively higher fees may want to try one of these alternative methods.

Neteller eWallet

Canadian Casino Deposit Options Net+ Prepaid MasterCardAgain, we have to assume the Net+ Prepaid MasterCard will eventually be stripped from Canada as well. But for now, it’s still available, making Neteller a great option, similar to what Skrill was 24 hours ago.

If my theory above is correct, perhaps Paysafe Group is keeping the Net+ Prepaid Card on Neteller to see how the new fees effect their bottom line. If it doesn’t cause too much of a dent, the withdrawal option may stick around after all.

eCheck, ACH, InstantCheck

eChecks have always been one of the top Canadian casino deposit options. They are the electronic equivalent to writing a paper check, but without the elongated wait time. They are instant, just like eWallets, and all it takes to use one is to enter the bank’s routing number and the user’s bank account number (the same info that appears on a paper check).

Canadian Casino Deposit Options eCheck

In many cases, you can use this method for withdrawals. However, it can take a few extra days for the bank to process the funds. In reality, it takes a few days for the online casino to receive the funds, as well, but because eChecks are instantly verified (to make sure the money is available in your bank), the operator will go ahead and give players access to those funds, despite the fact that they haven’t received them yet.

written by Grameister777 \\ tags: ,

Mar 31

MasterCard Gambling

Mastercard, Payment Options Comments Off on MasterCard Gambling

The MasterCard is one of the most popular credit cards in the world. This American company is branded on millions of credit cards around the world and at the time of writing it is nearly 50 years old! We use our own MasterCards to gamble, along with other payment methods, and as well as ease-of-use, they also offer a number of other benefits, discussed below.

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The Benefits of Using MasterCard to Gamble

One of the main benefits of using a MasterCard to gambling in online casinos, and anywhere else for that matter, is that you are afforded much more security than with debit cards, web wallets and any other payment method. Simply put, if you purchase something online with a MasterCard and the company you purchased from then refuses to send you the product, loses it or sends it damaged, then you can file a claim with your credit card provider and they will give you your money back. The same occurs if your credit card details are stolen and used to make purchases without your consent, such occurrences are actually very common and these days alls it takes to get your money back is a simple phone call to the bank. In many such cases, the bank don’t even file a report to the police, as they are very common.

The same applies to online casinos. So, if you join an online casino that is not legitimate or is not secure, and you discover that your card details have been stolen or used against your will, then you can claim all of that back in an instant. Obviously this can also lead to fraud, with some people claiming that payments they made were actually made by someone who stole their card, but in such cases the claimant can be prosecuted for fraud, so it’s not worth the risk. If this does happen to you with your MasterCard, then be as honest with the bank as you can be.

Another benefit of using your MasterCard to gamble online is that it is an accepted payment method for most online casinos, sports books and poker rooms out there. The vast majority accept MasterCard as a deposit method, and although some do not allow withdrawals to your MasterCard (due to the fact that credit cards operate on credit, and it can therefore be difficult to add money to it) many of them do.

Simply put, a MasterCard is the safest way to gamble online and it is also one of the most widely accepted credit cards in the world of online gambling. With that in mind, which are the best casinos out there that will allow you to deposit and withdraw using your MasterCard?

The Best MasterCard Casinos

A casino that we rate very highly that accepts MasterCard, along with a huge number of other banking options, is Royal Vegas. Here you can deposit using your MasterCard regardless of which country you’re from. With that deposit you will be given both a matched deposit bonus and hundreds of free bets, a combination that will allow you to explore the Royal Vegas site in full, playing their slot machines, table games, video poker machines, virtual scratch cards and more.

You will only be able to withdraw to your MasterCard if you are refunding money previously deposited, when it comes to winnings, however, then you might be faced with an issue. This is a credit card remember, so the last thing you want to do if you won big is to put that money on your card as credit. That way you’re just giving it back to the bank and allowing them to pay you in dribs and drabs. If you have a big credit card debt then by all means go for this method, as you can pay off your credit card in one fell swoop, but if you typically pay off your credit card every month then it’s best to seek another method to withdraw. Luckily for you, Royal Vegas is not short on options in this department.

They are also not short on promotions, which all depositors can take advantage of. From the new member promotion listed above, to their royalty scheme and more, Royal Vegas also benefits from promotions run by Fortune Lounge Group, of which they are a part. These promotions include another loyalty scheme (giving you huge incentive to play regularly) and slot tournaments. These tournaments are all down to luck, but if things go your way then as well as a large chunk of cash, you can also win everything from a cruise to a sports car, depending on the offer at that given time. There are also other tournaments run by Fortune Lounge, including poker and blackjack, so make sure you keep an eye on both the Royal Vegas and other Fortune Lounge promotion pages.

written by Grameister777