With the passing of the UIGEA back in 2006, it has become increasingly difficult for Canadian to deposit funds into their Online Casinos for Canadian and poker player accounts. While credit card deposits are still an option at many online casinos, Canadians’ issuing banks won’t allow gambling transactions to be processed. This has created the need for e-wallet solutions in order to get funds to and from one’s player account. In all fairness, Canadians could have it worse, as Americans have far less deposit options than Canadians. While e-wallet brands such as NETeller pulled out of outgoing gambling transactions altogether, rival e-wallets such as Moneybookers (Skrill) have not only survived, but have thrived.
E-Wallet companies such as Moneybookers have gained much notoriety within the online gambling community. Moneybookers provides customers with an online account that they can fund directly from their bank accounts, debit cards or even credit cards. Moneybookers is a service that allows Canadians to put aside any security fears that they may have, as all information passed through Moneybookers’ systems is encrypted and safe.
UseMyBank is another e-wallet solution that is both safe and simple. While UseMyWallet may not be as popular as Moneybookers, it is just as effective, and just as cheap to use. Money that you send will only be accompanied by your email address. In other words, all of your personal information will remain exactly that – personal! UseMyWallet Casinos