Premier Pay is an established Canadian online payment method that was launched back in 2016. Although not as widely available as other banking methods, Premier Pay is gaining more popularity amongst Canucks because it’s one of the most convenient ways to manage your casino transactions, not to mention one of the safest payment options too.
- 🕮 Introduction
- 🍁Is Premier Pay Available?
- 💳 Alternative Payment Methods
- 🏦Deposits via Premier Pay
- 💵 Withdrawals via Premier Pay
- 👍👎Pros and Cons
- 🏧 Transactions Fees and Limits
- 💸 Payout Timeframes
- Customer Support
- 📱Premier Pay on Mobile
- 💭Final Thoughts
- ⁉️ FAQs
🕮 Introduction to Premier Pay
Premier Pay was introduced in 2016 in Toronto, Canada, and it was founded with an ambitious mission to revolutionize the way banking is done online and offer a new way for customers to make payments online.
The Premier Pay payment method is focused on making the customer’s experience as easy and quick as possible, and safer than traditional payment options too. With a strong focus on the customer’s convenience – or in this case, the player’s convenience – Premier Pay developed an online payment solution that’s different to many of the payment solutions offered right now.
Unlike e-wallets, traditional bank or card payments, or even prepaid and voucher banking solutions, Premier Pay is an ideal solution for most players. This is because Premier Pay allows you to connect most of your preferred payment solutions in one place, which means you’ll be able to choose how you want to pay when playing at online casinos.
Both traditional and alternative payment solutions can be connected on the Premier Pay platform, many of which are Premier Pay’s own payment methods, but there are also multiple well-known international payment methods supported on this platform, including directDebit, Interac Online, Interac e-Transfer, Premier Pay Interac, Visa Direct, and Alipay among others.
These are all popular payment methods that you might already be using when playing at your favourite online casino, which is what makes Premier Pay a very attractive payment option. You can connect any of the supported payment options to your Premier Pay account to get an improved online banking experience at your favourite Premier Pay casinos.
🍁Do Casinos in Canada Use Premier Pay?
The Premier Pay online payment solution has been available in Canada since 2016 and it was quickly introduced to online casinos too. However, even though it’s been available at Canadian casinos for more than six years, the list of Premier Pay casinos is still very limited.
Unfortunately, even though Premier Pay is a very safe and convenient method for all your casino transactions, it’s still not as widely spread among Canadian online casinos as other payment methods that are perhaps more traditional and typical in the way they work.
💳Top 5 Canadian Alternative Casino Payment Methods to Premier Pay
If you visit any online casino in Canada, you’ll notice that there are always at least five supported payment methods to choose from and, in many cases, a lot more too. So, if you want to explore what your other options are, you can consider some popular alternative payment methods to Premier Pay.
Below, we’ve compiled a table with five of the most popular alternative payment methods that are widely available at Canadian online casinos.
|Payment Method||Deposit||Withdrawal||Fees||Security Features|
|American Express||Yes||Yes||No||128-bit SSL Encryption|
|Skrill||Yes||Yes||Yes||128-bit SSL Encryption, Security Code|
|Revolut||Yes||Yes||No||2048-bit SSL Encryption, Security Code|
|MuchBetter||Yes||Yes||Yes||Touch ID, dynamic CVV|
|Paysafecard||Yes||No||No (except for currency conversions)||16-digit code, safe like paying in cash|
🏦 How to Make Deposits Using Premier Pay?
Premier Pay works a little bit differently than some of the traditional and even alternative payment methods that you might be used to because it’s more of a platform rather than a banking solution in itself.
Luckily, using Premier Pay couldn’t be any easier and once you make your first deposit, you’ll realise that the whole process is very user-friendly, and you’ll know what to do right away. As you’ll learn below, before you start using Premier Pay at an online casino, you will need to register for your own Premier Pay account first. This is necessary to use all the services offered by Premier Pay, including linking your payment solution of choice with your Premier Pay account.
To get started, you’ll need to visit the official Premier Pay website and click the ‘Sign Up’ button at the top-right corner of the homepage. Next, fill in the quick application form that will pop up with your details, including your name and surname, email address, and a valid mobile phone number.
Once you’ve completed all the steps in the registration form, Premier Pay will receive your application and verify the information you’ve provided for security purposes. This is done to make sure that it’s really you who’s signing up for an account and not anyone else and to make sure you’re of legal age to sign up for a Premier Pay account too.
Finally, once your application has been vetted and approved, you’ll receive an email with the next steps to completing your Premier Pay account. This might sound like a lengthy and rather complicated process, but in most cases, the whole process is very quick if all the information you’ve provided is correct.
The next step to complete your Premier Pay account before you can use it to make online casino transactions is to link your preferred payment method which you’d like to use for your casino transactions. All the supported payment providers you can choose from will be shown and you can choose one as your preferred payment option.
Once you have your own Premier Pay account, you’ll be ready to make your first deposit using Premier Pay! The deposit process at any Premier Pay online casino is very straightforward and should take you no more than two minutes to complete. Follow the steps below to get started right away:
- Choose an online casino from our list of recommended Premier Pay Casinos below.
- Connect your preferred payment method to your Premier Pay account and choose how you want to pay first Premier credit card. Simply look up ‘pay my premier credit card’ to be taken to the payment page.
- Once you’ve set up your first Premier Pay online payment account, you’ll be good to go.
- Log in to your casino account and go to the cashier section.
- Select ‘deposit’ and choose Premier Pay from the banking methods shown on the screen.
- Choose the amount you’d like to deposit and confirm the transaction.
- Your funds will appear in your casino balance right away.
💵 How to Withdraw with Premier Pay?
Premier Pay isn’t a typical payment method because it’s not exactly a payment method in itself, like an e-wallet or payment card. Instead, as we’ve explained, Premier Pay allows you to use a payment method that you’re probably already using, which gives you plenty of options when it comes to withdrawing your casino winnings to your account. You’ll also be free to choose your preferred payment method where you like to receive any casino winnings, which is one of the perks of using Premier Pay.
There are several different payment types you can use for payouts from online casinos, like Interac Online, which is a very popular Canadian-based payment solution that’s widely available in online casinos in Canada.
However, there are a few limitations when it comes to withdrawals using Premier Pay online and these are simply because this payment method isn’t widely available. The payment methods supported by Premier Pay are much more widely available, but if you want to use them via Premier Pay, you’ll be quite limited, unfortunately.
If you choose an online casino that supports Premier Pay withdrawals, then you’ll be pleased to hear that the withdrawal process is very easy and straightforward. You can simply follow the steps below to make a withdrawal request at Premier Pay casinos:
- Log in to your casino account and find the cashier section.
- Choose ‘withdraw’ and select the Premier Pay option from the list of support banking options that will be shown.
- Decide how much you want to withdraw from your casino balance and enter the amount.
- Confirm the transaction and your withdrawal will be processed by the casino.
- Depending on the casinos’ payout timeframe, you will receive your payout shortly.
👍👎Pros and Cons of Using Premier Pay
Premier Pay comes with plenty of advantages but a few downsides as well, as you would expect for any payment solution. Unfortunately, it’s hard to find a payment solution that’s 100% perfect and without any limitations or disadvantages. Ultimately, we recommend weighing the pros and cons of any payment method according to your personal banking needs and preferences to make an informed decision about which payment method will suit you best.
Below, we’ve compiled a handy table with the pros and cons of using Premier Pay, so you can decide for yourself whether this might be the right payment solution for you or not.
|✅ There are zero hidden fees when using Premier Pay||❌ Withdrawals via Premier Pay may be complicated, depending on the casino.|
|✅ You can enjoy instant deposits and fast payouts.||❌ Premier Pay is still not widely available in Canadian online casinos.|
|✅ User-friendly payment option that's easy to use even for beginners.||❌ Fees may be charged by the payment services you connect to your Premier Pay account.|
|✅ Good security features such as SSL encryption|
|✅ Wide range of supported payment methods that can be linked to your Premier Pay account|
🏧 Premier Pay Transaction Fees and Limits
Premier Pay aims to distinguish itself from all the other payment options available to Canadians in several ways, one of which is by being 100% transparent about any fees and limits that you should know about. Many payment providers tend to have hidden fees or the limitations you should know about before you sign up for their services aren’t clearly communicated.
Luckily, Premier Pay is very upfront about what players can expect when it comes to transaction fees and limits and we were happy to find that there are absolutely no hidden fees here. However, it’s important to understand that this doesn’t necessarily mean that you won’t be paying any fees when using Premier Pay at online casinos in Canada.
Keep in mind that since Premier Pay works by connecting your account to an approved payment method, you might need to pay fees corresponding to the method that you’ve chosen to make your deposits. For example, if you link an e-wallet to your Premier Pay account and this particular e-wallet charges fees when making a deposit, then this fee will apply as well when depositing via Premier Pay. Premier Pay itself doesn’t charge any fees, which is one of the many perks that come with using the Premier Pay online payment solution.
If you want to know more about the fees you’ll need to pay depending on the banking solution you decide to link to your Premier Pay account, check out the table below. Here, you can see all the accepted payment methods and wallets supported by Premier Pay along with the fees you’ll have to pay for each one.
|WeChat Pay||2.9% plus $0.30|
|Alipay||2.9% plus $0.30|
|Direct Debit||1.95% plus $0.50|
|Interac eTransfer||1.9% plus $0.50|
|Interac Online||2% plus $0.60|
💸 Deposit and Withdrawal Wait Times on Premier Pay
The timeframe you can expect for both deposits and withdrawals typically relies on the casino’s banking policy, but let’s take a look at what you can usually expect when using Premier Pay. Deposits tend to be instant, like almost any other payment solution. This means that once you enter your Premier Pay login details and choose the amount you want to top up with, the funds will appear in your casino balance within a few seconds.
As for withdrawals, the first thing you’ll need to check is that your chosen Premier Pay casino supports withdrawals with this payment method. It’s important to note that even if Premier Pay is offered as a deposit solution, it won’t necessarily be available for withdrawals.
If it’s available, then the withdrawal timeframe depends on the casino’s withdrawal policy but also on the payment method you’ve linked with your Premier Pay account. For example, if you’ve chosen Interac Online to receive payments in your Premier Pay account, these withdrawals are usually very fast and often processed within the same day.
To get an exact timeframe of how long you can expect to wait when withdrawing casino winnings and funds via Premier Pay, you’ll need to check the casino’s payment page. Here, you’ll also find the minimum deposit allowed and the minimum and maximum withdrawal limits that apply to Premier Pay transactions at that particular casino.
Premier Pay’s Customer Support Effectiveness
Before you settle on a payment method for your online casino deposits and withdrawals, it’s good to be aware of the Customer Support service offered by the payment provider. This is because you never know when you might need support or have some issues that you need to resolve by contacting the Customer Support team. However, when using Premier Pay for online casino banking, you’ll also want to look at your casino’s Customer Support service, because this will always be your first point of contact if there are any issues with your deposits or if you haven’t received your winnings.
Unfortunately, we found that Premier Pay doesn’t offer round-the-clock Customer Support, but the quality of the service is very high. You can fill in the form on the website and the Customer Service department will get back to you as soon as possible, or you can call on the provided landline number if you prefer to speak to a representative.
📱Premier Pay’s Mobile App and Usability
In this section, we’ll take a quick look at Premier Pay’s mobile compatibility, if there’s a mobile app you can download, and what you can expect if you want to make casino payments via Premier Pay on your mobile device.
Premier Pay doesn’t have an app, but the good news is that the payment service itself is 100% mobile friendly. This means that if you prefer to play casino games at your favourite online casino on your smartphone or tablet, you can easily do so whilst using Premier Pay.
As long as the casino you’ve signed up with is also compatible with mobile devices, you can top up your casino account through your mobile browser. If the casino has an app, you can also make deposits and withdrawals on the app by selecting the Premier Pay payment option as long as you have your login details and you’ve already linked a payment method like Premier Pay Interac, for example, on your account.
💭Final Thoughts on Premier Pay
In short, as a Canadian player, Premier Pay is a great option to have for any online transaction, especially online casino deposits and withdrawals. It’s a very safe and secure payment option that keeps all your sensitive financial information encrypted and well hidden from the casino too. Essentially, it simply acts as a kind of ‘middleman’ between your preferred banking method and the online casino of your choice.
Like any other Canadian payment option, however, Premier Pay doesn’t come without its faults and downsides. The most obvious disadvantage of the Premier Pay payment method is undoubtedly the fact that it’s not widely accepted in Canada yet. The list of Premier Pay casinos is still very limited, which means that if you want to make this your primary payment method, your options will be restricted when choosing an online casino.
Other than the limitation of how many casinos will allow you to use Premier Pay, this payment solution has plenty of perks and advantages to offer, which is why we hope to see more online casino operators offering this payment solution in the future. It’s easy to use, highly secure, and best of all, completely free to use (excluding fees charged by linked payment methods), making it ideal for deposits and withdrawals too.
⁉️ Frequently Asked Questions about Premier Pay
Is Premier Pay a Credit Card?
No, Premier Pay isn’t a credit card and the way it works is quite different from the way a credit card or other payment solutions work. Premier Pay online is essentially a payment processing service that you can use to make a deposit at an online casino and a withdrawal too. The way it works is by partnering with both traditional and alternative payment methods like Interac and Visa Direct to make transactions at an online casino, via the Premier Pay platform.
What does Premier Pay credit mean?
The Premier Pay credit refers to the amount of credit in your card that’s available to use for transactions. As a new user, you can look up ‘pay my first Premier credit card’ to learn more on the Premier Pay website and find out how to top up your credit using any supported banking method.
Which Premier Pay Competitors are the most trustworthy?
There aren’t many similar payment methods to Premier Pay since this banking solution is clearly quite unique in the way it works. There are, of course, plenty of competitors which aim to offer a quick and secure way to complete casino transactions. Some of the most trustworthy and safe Premier Pay competitors include Revolut, Paysafecard, Skrill, Neteller, and Boku.