MiFinity Casinos

Best MiFinity Online Casinos in Canada 2024

Only a small number of online casinos in Canada offer MiFinity as a payment method, but this will certainly change over time. The following list includes the best MiFinity casinos tested by our experts.

Top 3 MiFinity Casinos in Canada

During our casino tests, we make sure to pay attention to every detail. In the overall rating, the following three casinos scored particularly well. Here is a brief presentation of our test winners.

How Do MiFinity Casinos Work?

To use MiFinity at a casino, you first need a customer account. After successfully registering on the website and receiving an email confirmation, you can top up your e-wallet.

Once your MiFinity account is topped up, you select the option in the cashier of a MiFinity casino, specify the deposit amount and complete the payment.

How Do I Deposit With MiFinity?

Follow our step-by-step guide to make a deposit at a MiFinity casino:

1. Register on the MiFinity website or through the app
2. Log in to MiFinity
3. Choose a payment method and the desired amount
4. Sign up at a MiFinity casino
5. Select MiFinity as an option in the cashier area and complete the payment

The money is directly added to your player account, and you can start gambling right away.

Withdrawal at MiFinity Online Casinos

If you deposited with MiFinity, you can also withdraw your winnings using the e-wallet (if a casino offers this option). For this, it is important to verify the account. It's best to start this process immediately after registration because it may take a few days.

The withdrawal period depends on the casino you choose. With some casinos, this happens immediately. With others, it can take 2-3 business days for the money to be visible in your MiFinity account.

Specifics of MiFinity Use

To use MiFinity as a payment method at an online casino, it is important to load the e-wallet beforehand. Otherwise, payment is not possible.

You can create different sub-accounts, which gives you a better overview of your finances.

With MiFinity, you can also easily make international transactions and send money to friends or pay in other online stores.

Our Criteria

To compare the different MiFinity casinos, we thoroughly test the providers. MiFinity has to be available as a payment option if a casino wants to make it into the selection. However, choosing the best MiFinity casinos is about much more.

For example, we pay attention to bonus and wagering requirements: Are they fair and realistic? The accessibility of the support is also important: Will we receive direct assistance 24/7 if we have any questions? Are employees friendly and competent?

How does the app work? Is it fun to use the casino on the go? Is the entire offer also available on the smartphone?

You can learn more about our criteria on our casino review process page.

Security

MiFinity is tied to European security standards and is, therefore, very secure. The company is licensed and regulated by both the Financial Conduct Authority in the UK and the Malta Financial Service Authority.

The company has existed since 2002. Having many years of experience, it was able to establish itself in the market. The website is protected with SSL encryption.

To provide even more security, MiFinity offers a 2-factor authentication – your payment’s additional security measure. For this step, you need to get a free Google Authenticator app and select this setting in your MiFinity account.

MiFinity Vs. Crypto

MiFinity is an e-wallet that can be loaded with various currencies and payment service providers and then used for payment. To use crypto, you also need a wallet. However, crypto is a currency in itself, not a payment provider.

Cryptocurrencies are subject to strong price fluctuations. However, compared to fiat currencies, they depend on inflation to a lesser degree. What speaks in favour of crypto is the anonymity of the transactions, which is not the case with MiFinity. Here you need a customer account and have to enter personal data. Both options are secure – in terms of handling, MiFinity is certainly a bit less complicated.

You don't have to choose between MiFinity and crypto. What is so special about the MiFinity wallet is that you can also load it with cryptocurrencies. The company has integrated Cryptopay, a third-party crypto payment service provider for that.

MiFinity Explained

MiFinity provides a range of payment products for personal and business customers, with its primary offering being the e-wallet.

You can top it up with over 40 payment options and 11 currencies and then use it as a payment service at many online stores and casinos.

Registration is quick and easy, and you can use your digital wallet immediately. Note that account verification may take a few days. Through this process, however, the limits for your transactions are higher—more on that later.

MiFinity Voucher

If you want to deposit to your customer account without providing bank details or other payment options, you can do so with a MiFinity Voucher. This is a prepaid voucher that you can buy online at the following sites:

• Dundle.com/mifinity
• Reloadhero.com
• Kinguin.com
• Offgamers.com

After the purchase, you will receive a 20-digit PIN that you can use to top up your e-wallet.

MiFinity App

A MiFinity app is available for both iOS and Android. This makes all transactions and settings possible on the go. It makes sense to download the native app, especially when you want to play on the go.

You can find the download link on the MiFinity website or in the App Store.

Company Behind MiFinity

MiFinity was founded in 2002 as NXSystems Limited. Since 2016, the company has operated under the name MiFinity with headquarters in Belfast, Northern Ireland. Other locations are Dublin (Ireland) and Birkirkara (Malta).

The MiFinity payment provider is available in various industries, including hospitality, travel, insurance, education, and online gambling since 2019.

Costs and Fees With MiFinity

Depositing with MiFinity at online casinos is mostly free of charge. However, there are fees associated with topping up the e-wallet.

These depend on the payment option you use to load money to your MiFinity account. You can find a detailed breakdown of more than 40 deposit methods on the provider's website. We've summarized the costs of the most relevant providers for you:

• Visa & Mastercard (Non-EEA): 2.5%
• CashtoCode: 7.5%
• Cryptocurrency: 1.8%
• Interac e-Transfer: 3.5% + C$0.75
• MiFinity eVoucher: 4%

Fees for withdrawals vary from casino to casino. While some providers waive costs altogether, others charge a processing fee depending on the selected option.

If you want to withdraw money from your MiFinity account, you can do so to your bank account for free. Interac e-Transfer and Interac eCashout charge C$4, and cryptocurrencies charge 1.8% of the withdrawal amount.

What Are the Possible Limits?

MiFinity allows transactions of more than €2,000 with a non-verified account and €10,000 with a verified account within one year.

Once this amount is reached, you can apply for a VIP account and upgrade the personal limit.

MiFinity: Advantages and Disadvantages

MiFinity is easy and secure to use. You can recharge the e-wallet in various ways. However, this is associated with costs. We've summarized the most important advantages and disadvantages at a glance:

MiFinity Online Casinos in Canada – Our Conclusion

MiFinity casinos offer a fast and user-friendly experience while also providing top-notch security. Deposits take place in various ways – you can also use this option to deposit with cryptocurrency, even if the selected casino doesn’t offer it.

A special advantage of MiFinity is that the deposit entitles you to a bonus. Other e-wallets like Skrill and Neteller are often excluded.

Although topping up the digital wallet is associated with costs, this is also the case with many alternatives. MiFinity casinos usually waive deposit fees.

Our experts are convinced of MiFinity's potential as a casino payment service and predict that more online casinos will integrate it over time.

Alternative Payment Methods

Payment method	Pros	Cons
Bitcoin	First cryptocurrency, therefore very widespread Largest selection of casinos among the coins Many BTC based bonus offers	Fairly low transaction speed
Tether	Popular and most widely used stablecoin Fast transactions	Not traded 1:1 to the dollar
Ethereum	Second largest cryptocurrency Accepted in many casinos High transaction speed	Partial bugs in smart contracts
Litecoin	High availability (max. 84 million coins) Uncomplicated and fast transactions	Copy of Bitcoin without a unique selling point
Dogecoin	One of the fastest coins for payments Easy entry into the crypto world	As an original Bitcoin parody, offers no technical innovations
Bitcoin Cash	Larger blocks – more transactions at lower fees Higher profits possible due to high volatility	Smaller selection of Bitcoin Cash casinos Fluctuating price
Ripple	High availability (max. 100 billion coins) Fast and forgery-proof transactions	Criticized for high centralization
Tron	Users have complete control over their data, misuse excluded High transaction speed	Strongly fluctuating price
Binance Coin	Largest crypto exchange worldwide Solid blockchain that is constantly being further developed	Less choice of Binance casinos
Cardano	Significantly more anonymous than Bitcoin, for example Science-based development, secure and stable	Newer cryptocurrency, lack of distribution Development not yet complete
USD Coin	Stablecoin, constant value	Smaller selection of USD Coin Casinos Higher transaction fees, runs via ETH
Interac e-Transfer	Secure and anonymous transactions No registration necessary	Payouts not always possible Longer processing times possible
Mastercard	Very popular, accepted in many casinos Immediate deposit No fees	Not always available for withdrawals Longer processing time for withdrawals
MuchBetter	Easy payment Free of charge and anonymous	Payout not always possible Mobile device required
Neosurf	Anonymous and secure payment method Fast transactions	Fees possible Not widely used
VISA	High deposit limits Insurance against fraud and theft Usually no fees	Usually no fees Longer withdrawal period
Jeton	Real-time transactions Simple, secure handling Can be used for numerous crypto and FIAT currencies	Verification can take longer Fees may apply
DAI Coin	Stablecoin, stable value Decentralized and secure	Not widely used
CashtoCode	Discreet and secure Credit immediately available in an online casino	Only fixed amounts can be deposited Cash deposit in partner branch
Bank Transfer	Absolutely secure and encrypted payments Transfers also possible offline	Long transaction time Possible fees and limits
Chainlink	Completely decentralized and much more anonymous than Bitcoin, for example Deposits and withdrawals in seconds	Small selection of Chainlink casinos
ecoPayz	Very popular, accepted in many casinos Simple and secure deposits and withdrawals	Fees possible Different limits depending on account level
Solana	Secure payment method Very fast transactions	Not widely used
Skrill	Very popular, accepted in many casinos Anonymous and secure deposits and withdrawals	Fees may apply
Dash	High anonymity and security Transactions within seconds	Small selection of Dash casinos
Shiba Inu	High security thanks to ERC-20 token standard on ETH protocol Well suited for an easy entry into the crypto world	Not yet widespread Price fluctuations
Toncoin	Very fast transactions High security and anonymity	Price fluctuations
Stellar	High security and transparency Very fast transactions	Small selection of casinos so far Price fluctuations
Polygon-Matic	Fast deposits and withdrawals Anonymity and data protection	Technical hurdles Limited acceptance
EOS	No mining, so it conserves resources Secure and anonymous payment method	Delegate system – not completely decentralized
ZCash	Anonymity through modern cryptography Fast transactions	Low distribution Knowledge of ZCash technology required
Uniswap	UNI is completely non-custodial (self-control via tokens) Easy to use	No exchange to non-Ethereum currencies Strong price fluctuations
Basic Attention Token	Secure ERC20 protocol	Value depends on the success of the Brave web browser universe
paysafecard	Anonymous deposit	No withdrawal
eZeeWallet	Secure transactions, even for large amounts Fast deposits and withdrawals	Possible fees Not yet very widespread
Polkadot	Secure, fast and anonymous payment method	Available only in a few online casinos
Monero	Untraceable transactions Data protection and security in the focus of the developers	Newer cryptocurrency, therefore insufficient distribution
Binance USD	Fast, secure and low-cost deposits and withdrawals Transparency of transactions	Fluctuating price Low distribution
Apple Pay	Very secure and fast payment method No fees and limits No need to enter sensitive bank details	No payouts Can only be used via Apple devices
Neteller	Fast and secure deposits and withdrawals Can also be used on the move and abroad	Fees may apply Longer payout time
Google Pay	Fast transactions No card necessary Fee-free processing	Limited to Android devices
Neo	Fast deposits and withdrawals	Limited selection of NEO casinos

MiFinity Casinos in Canada: Frequently Asked Questions and Our Answers

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