UseMyFunds is an online payment method developed in Canada, which allows Canadians to make deposits to internet casinos without sharing their bank details with the casino operator. How it works is that you link your bank account to UseMyFunds and use this service to transfer funds to online casinos. The funds are directly transferred to online gambling sites, without revealing any sensitive details. This way, your bank details, as well as your private data are safe and sound.
Security is one of the top reasons why Canadian gamblers like using this deposit method for online casino payments, but there are many others. For example, this banking option is very convenient to use as there’s no need to register a UseMyFunds account in order to use this service.
UseMyFunds Advantages on Online Casinos
- Direct Bank Transfers: Payments are made directly from your bank account, providing a straightforward and secure transaction process.
- Enhanced Security: Through bank protocols and no need to share card details.
- Low Fees: Typically, lower transaction fees compared to credit cards.
- Instant Processing: Deposits are processed instantly, allowing immediate access to funds for gaming.
- No Credit Check: Uses available funds in your bank account, avoiding the need for credit approval.
How to use this deposit method for Online Casinos
You just need to pick this service from the list of available deposit options. Next, you need to choose your bank from the list of UseMyFunds-supported banks, after which you’ll need to enter your bank details, such as email and password.
After authorizing the payment, UseMyFunds will take care of the transfer. It usually takes only a couple of moments before the money is moved from your bank to your online casino account. In most cases, both deposits and withdrawals carried out from this deposit method are processed without any fees charged by the casino.
The UseMyFunds service is also completely free, which means that the amount of money you send from your bank account is the amount that will arrive in your online casino account, and vice versa if you’re making a withdrawal.
For all these reasons, you should definitely consider using UseMyFunds for online casino payments. If you’re a gambling-loving Canadian, you can find dozens of gambling sites that support this banking option.
The best ones are reviewed on our site where you can also find some no-deposit bonuses meant for UseMyFund users.
Another widely known banking option is MasterCard.