Scammers are always finding new and inventive ways to con people out of their money. With the internet being such a massive attraction for people of all different ages and occupations, there is ample opportunity for scammers to come up with potentially-devastating plans to steal money from the less informed. With this in mind, online payment methods have beefed up on security and monitor each financial transaction to the best of its ability in order to maintain a good, reliable reputation. However, for experienced hackers and opportunists, there is always a possibility that people’s funds aren’t safe, especially if they partake in the scam. Here are a few pointers that may help stop you from getting scammed, as well as some tips on what to look out for when utilizing online payments.

Choose a Licensed Online Casino

Licensed online casinos need to pass a number of tests and are tested by regulatory bodies that also check the authenticity of online payment methods. By confirming that the casino is a legitimate one, players eliminate the possibility of encountering online casino scams before even making an online payment. Some online casinos require players to make an initial deposit in order to claim a welcome bonus and the chance of having credit card details stolen by an illegitimate online casino at this stage is high.

In order to determine whether or not a casino is licensed and is audited, look up the casino’s details, which can usually be found either in the privacy policy on the online casino site or the information can be located at the bottom of the casino’s page. Here you should find the licensing number and proof of auditing which assures players that all the casino payment methods have been tried, tested and approved.

Avoid Unknown Payment Options

If there is an unfamiliar payment option, it’s better to avoid it. New methods, especially ones that you are unfamiliar with, could lead to money being unintentionally misplaced. If there are no familiar methods, research which one of the options is the most common and has the fastest withdrawal online casino canada. For example, if you stick with an Interac casino or Echeck Casino, you’ll be able to have peace of mind when it comes to payments. Note that most online payment systems have contingency plans should the player’s funds be stolen without any information being handed to third parties.

Most online payment platforms can be trusted; it is simply up to you to ensure that it is a legitimate one.

Choosing Online Banking Methods with Fraud Protection

Fortunately, the majority of online methods can be trusted. Well-known brands such as PayPal have contingency plans in place so that should their clients fall victim to scams, one that doesn’t include the victim giving strangers their personal information, then the total that was stolen or at least a portion of it is paid back to the client. This kind of contingency plan available at a Paypal casino is referred to as a ‘chargeback’ scheme and as long as the user has the required information, the funds can be replaced after an investigation has played out to determine whether or not the user of the account was in fact scammed.

Wire services generally don’t reimburse customers, as most of the time the error lies on the customer’s part since they could have transferred the funds into the wrong account by inputting the wrong account number.

Banks are generally good with reimbursing their clients as funds are easier to trace through professional payment systems such as a bank.

How to Avoid Being Scammed Online

How hackers and scammers get personal and sensitive information is sometimes a mystery but it’s always wisest to act cautiously, as if data could be stolen at any point. This means avoid giving pin numbers and passwords to strangers or even friends. Avoid leaving browsers open on account pages with this in mind also.

Only join legitimate online casinos with trusted methods for transferring funds in and out of the casino account. We’ve compiled a list so you can find the best Canadian online casino for you.

For those not wanting to divulge personal information using credit and debit cards, eWallets are an ideal solution as they require no personal details when carrying out transactions from the eWallet into the casino account.

The main focus here should be that players need to be vigilant at all times no matter the casino nor the payment method.