Loonio vs Credit Cards for Online Gambling in Canada

Loonio vs Credit Cards for Online Gambling

What is Loonio—really? Loonio is a Canadian payment facilitator that lets merchants (including online casinos) accept Interac e-Transfer and online banking payments. From the player’s perspective, you authenticate with your existing bank login and approve a payment request; you’re not extending credit and you can only spend funds available in your chequing/savings account. Loonio highlights … Read more

What Is a Cash Advance?

Cash Advance illustration

Thinking of using your credit card to deposit at an online casino in Canada? Read this first—so you don’t get hit with surprise fees or high-interest charges. What Is a Cash Advance? Common examples: Even though you’re not literally taking cash out when you play online, many banks treat it the same way, and that’s … Read more