Paysafecard Casino Withdrawals in Canada

Paysafecard deposits are instant, but withdrawals with this option are not supported in online casinos in Canada. Note that instead an alternative payment method is to be chosen, for example, Interac, bank transfers, e-wallets Skrill or cryptocurrencies, such as Bitcoin. Once the cashout is approved by the casino, typical payout timelines depending on the option chosen range from 0-72 hours with delays possible for large cashout amounts, weekends, bank holidays, or the receiving bank and e-wallet’s posting times.

These numbers are derived by tracking more than 30 Canadian operators who enable withdrawals via MyPaysafe app.

We have enlisted the most common reasons of possible delays when withdrawing in Canadian Paysafecard casinos:

• Pending approval: Could happen when wagering requirements are not fully completed, deposit and withdrawal methods are different, or an additional manual risk assessment is required.
• Incomplete KYC: Missing or not-verified identity, proof of address, or source of funds can lead to your request postponing or rejection.
• Rail screening: Transactions can be delayed if payment providers or banks are running additional checks for verification.
• Limits exceeded: The amount drawn could exceed restrictions imposed on a single day, week or month transaction established by the casino.
• Non-business days: Banks and casino finance departments do not usually process withdrawal requests on weekends or holidays.
• Profile mismatch: Inconsistencies between user account personal data and submitted verification documents can trigger holds.
• Method-specific restrictions: Since Paysafecard vouchers cannot receive funds, Canadian users must request withdrawals through linked options like MyPaysafe account, bank transfers and cards which lengthens the timeline.

Being aware of these reasons will help you prevent possible delays in payouts at the online casinos in Canada.

We collect and provide you with up-to-date data on Paysafecard transactions at online casinos in Canada. We record the moment of the winnings withdrawal request approval, their sending and reception time. We also take into account all possible fees, limits and other verification steps that may delay the payout process.

• Verification metrics: We record the cashout time approval by the casino, the funds sending and arrival time to MyPaysafe app, on the bank account or e-wallet. We document the fees, limits, the KYC process and the time it takes for the bank to post the payment.
• Verification methods: We hold withdrawals in Canadian dollars and record this time. We compare the results to the casinos’ rules and the information collected from the support team, while keeping screenshots as evidence.
• Frequency of updates: We update the Paysafecard withdrawal information according to a specific schedule. When the payment policies of the Canadian casinos on our list change or the number of user complaints increases, we redo the withdrawal tests.
• Data traceability: To prove the veracity of our information, we carefully save the time of the various events, the images showing the status of the transactions, as well as the source of each information, whether it comes from a test carried out or from the Canadian players’ comments.