When it comes to online casinos and gambling, there are tons of different payment options available to individuals. From prepaid cards, to credit cards, to bank wire transfers and even third-party payment processors. However, all of these payment options either have limitations due to country laws, or are not readily available across the globe. With this said, Bitcoin and other cryptocurrencies like Ethereum, Litecoin and BitcoinCash are becoming a popular alternative to making casino gambling transactions.
Koho is a new online prepaid payment system that is available exclusively to Canadian residents with the exception of the province of Quebec. The Koho card is a reloadable prepaid card that is accepted everywhere Visa cards are accepted. This means that Canadians can use the card at thousands of online and brick and mortar merchants without incident. What makes this card so viable for Canadians and specifically millennials, is that there are almost no fees associated with using, activating and replacing the card in addition to a lot of other features that prepaid cards just don’t typically have.
PayPal is one of the largest e-wallet platforms around the globe, boasting over 170 million users in over two hundred countries, including Canada. It is now considered a Fortune 500 company and is well-known and used for the security it offers users. All users who use PayPal do not have to worry about any of their personal information being given to the vendors they buy from and if there are any issues with items purchased, PayPal has a buyer protection policy in place that allows complaint filing. The company also has a seller protection policy in place that protects the seller from specific types of chargebacks, unauthorized payments, and even fraud.
Ecopayz, also known as Ecocard, is an internationally accepted e-wallet payment system that is available worldwide. Initially catering to European customers, Ecocard has expanded their service to the United States and Canada. It supports up to ten different currency accounts with forty-five total currencies and has three levels of service which include: ecoAccount, ecoCard, and ecoVirtualcard. What makes Ecopayz a popular choice, especially for online casino goers, is the fact that you do not need a bank account, credit check or credit card to open, start or fund your account as there are plenty of other available options for this. This ensures that not only your privacy but your anonymity remains intact when transferring funds from your account to say a merchant or participating partner.
Paysafecard is an online prepaid payment system that is available worldwide at over 500,000 different outlets, with thousands of online merchants. It is a simple, easy and private method that works similarly to other prepaid methods, but instead of buying a prepaid card or loading a virtual card, you buy what is known as a voucher. This means that your privacy is completely confidential and no personal information is given out during any transactions as no banking or credit card information is required to use the vouchers. This makes it one of the easiest and most convenient options for Canadian gamblers as almost all online casinos accept Paysafecard.