Payeer is an online payment service that allows secure payments and the management of cryptocurrencies. It is one of our recommended casino banking options for some gamblers who want fast transactions. Read my review to learn more about Payeer casinos, fees, and mobile experience.
🏆 Payeer Payment Method for Canadian Players
Payeer is yet to become a go-to payment method at online casinos Canada. The service allows users to make easy and secure transactions to and from their casino accounts. After visisting several sites, I am unable to recommend the best online casinos that accept Payeer payments in Canada as they are hard to come by.
While the service has been around for a while now, it has yet to pick up speed amongst Canadian casino operators as it has in other parts of the world. Payeer is remarkable for the following characteristics:
- ✅ Safety and security
- ✅ Speed
- ✅ Low cost
❔ What Is Payeer?
Payeer is an electronic wallet that can be used for currency exchange, international money transfers, and online purchases. This digital wallet was introduced in 2012 and is currently accessible in 127 countries. The service handles both fiat money and cryptocurrencies and has an integrated payment exchange for platforms like PayPal, Visa, and Mastercard.
The method can be a good option for online casino players because of its speed, security, and compatibility with multiple currencies. In Canada, Payeer casinos aren't as common since other payment options are more often used.
📑 How to Open an Account at Payeer?
Creating a Payeer account is quite simple. After setting up my Payeer account, I was able to conduct transactions with online merchants, including Payeer casino gambling sites. Here are the steps to follow:
- Go to the Payeer official website and click on register.
- Enter your email address, and click ‘Create Account’ to receive a confirmation code.
- Create your password, secret code, and account name, and click ‘Next’.
- Add your first/last names and country, and click ‘Done’.
- Use your new login details to access your account and start making transactions.
💳 How to Deposit to Online Casinos Using Payeer
The minimum deposit varies slightly across Canadian Payeer casinos, but the overall procedure is similar.
Here's how to make a deposit with this banking method:
- Log in to your Payeer casino account.
- Visit the casino's cashier page and choose Payeer as your deposit method.
- Enter how much you want to deposit.
- Add your Payeer account details.
- Check that the information you entered is correct and confirm the withdrawal.
💵 How to Withdraw from Online Casinos Using Payeer
In addition to deposits, Payeer supports withdrawals. The steps below should allow you to smoothly withdraw from your Payeer casino real money account:
- Visit the casino's cashier page and choose withdrawal.
- Select the 'Withdrawal' option and choose Payeer as your withdrawal method.
- Enter the amount you want to withdraw.
- Confirm that transaction.
👍👎 Advantages and Disadvantages of the Payeer Casino payment method
Still on the fence about whether Payeer is for you? Consider these pros and cons:
| Advantages of Payeer | Disadvantages of Payeer |
|---|---|
| ✅ Fast and secure transactions | ❌ Fees may apply |
| ✅ Supports fiat and cryptocurrencies | ❌ Not widely accepted at online casinos |
| ✅ Good for deposits and withdrawals |
🏦 How we Rank Payeer Casinos
Unfortunately, there aren’t many Payeer casinos online in Canada. However, here are some criteria I consider when reviewing casinos that accept this payment method in other countries:
- Safety & Security
- Bonuses
- Casino Games
It is important that the sites I recommend are safe and secure. There are several levels of security. Is the site licensed? Is the data encrypted? These are some of the questions that I answer during my reviews. A casino’s license shows that the site is subject to strict regulations and complies with laws regulating gambling in Canada. I only recommend sites that hold valid licenses from reputable regulatory organizations like the MGA, the Government of Gibraltar, the KGC, and the UKGC.
In addition to security, I consider the casino bonuses and promotional offers. Will new players be eligible to claim a Payeer casino sign-up bonus? I need to ensure that players making deposits with Payeer will be able to redeem the same benefits as other gamblers at the site. The variety of casino bonuses is also important. I don’t expect to find Payeer casinos with a no-deposit bonus, but I would like for the site to offer free spins, cashback offers, and reload bonuses for both new and existing players.
Furthermore, I consider the Payeer casino games that the site provides. I am always interested in finding extensive game lobbies comprising slots, table games, and live dealer games, along with specialty titles like Aviator, scratch cards, and bingo. The range of games available should provide entertainment for a variety of casino gamblers.
🆓 Is Payeer Free to Use?
Payeer is a cheap alternative for funding your casino account, but it is not exactly free. For instance, Payeer levies fees on deposits and withdrawals that range from 0% to 5% based on your country of residence and the payment method you choose.
All currency exchange transactions are also subject to a 2% fee. So, even if you gamble on the best Payeer casino sites, these charges may apply.
🔐 Is Payeer Safe and Secure?
Payeer is one of the safest and most reliable payment methods I have used for my online casino transactions. It uses two-factor authentication, which requires that I confirm any transaction on my mobile device before it is processed.
All transactions are also end-to-end encrypted, making it difficult for unauthorized users to gain access to your Payeer account and funds. Something I liked was that I didn't need to share sensitive information, such as my bank or credit card details.
📲 Payeer Casino Mobile App
After using mobile payment methods without apps, I was relieved to find that Payeer casino offers both Android and iOS apps. Some casinos that accept Payeer also have mobile-optimized sites and apps. Here are some of the pros and cons of using the Payeer app:
| Pros of Payeer App | Cons for Payeer App |
|---|---|
| ✅ Cryptocurrency exchange | ❌ Fees apply |
| ✅ Instant payments and transfers | |
| ✅ Multicurrency accounts |
🏦 Alternative Payment Providers
Seeing as Payeer is not yet a renowned payment method at Canadian online casinos, here are some popular alternative options to consider:
| Alternative Banking Method | Features |
|---|---|
| PayPal | Widely accepted at online casinos, Available for deposits and withdrawals, Fast transactions. |
| Skrill | Fast and easy to use, Supports deposits and withdrawals, No transactional fees. |
| Neteller | Mobile-compatible, Pseudo-anonymous banking solution, Instant deposits and fast withdrawals. |
| Interac | Canada's #1 for online casino banking |
⚖️️ Our verdict on Payeer Casino payment method
Despite not being the most popular casino payment method, Payeer ticks several boxes. The payment service is a good option for instant deposits and withdrawals. The availability of a mobile app also made it convenient for payments.
The main downside is that I did not find any Payeer casino gambling sites to recommend in Canada. This is in part because only a few sites carry this banking option. In the meantime, you can use any of the alternative banking methods I have listed in this review to gamble online.
❓ Frequently Asked Questions about Payeer Casinos
What is Payeer?
Payeer is an e-wallet that is suitable for online casino transactions. It is suitable for both fiat and crypto users.
Can I use Payeer at online casinos?
Yes, you can use Payeer at online casinos. Unfortunately, there are currently no Payeer casinos to recommend in Canada.
How long do casino transactions take when using Payeer?
Transactions with Payeer are typically instant. You can start gambling for real money as soon as you complete a deposit transaction. You will also be able to receive your cash quickly.
Is Payeer secure to use when gambling online?
Yes, Payeer is secure and perfect for online gambling. The payment service uses 2-factor authentication and other modern security measures to ensure that players' transactions are safe.
Are there any fees for using Payeer at online casinos?
Some fees may apply depending on the type of transaction you perform at Payeer. You may be required to pay between 0-5% in fees when depositing or withdrawing from Payeer.
Kayleigh reviews online casinos and sportsbooks while coordinating training initiatives for new recruits at Casimoose.ca. She excels at sharing her love for the iGaming industry and puts her past experience to good use. With a background working for the biggest gambling brands online and a strong analytical ability, Kayleigh developed a natural gift in breaking down each component of online casinos, betting sites as well as their offerings and hasn't looked back. Outside of Casimoose, she's a proud Ontarian with a love of sports and entertainment.