Xace Top Payment Method Now Available For Casinos in Canada

Xace is a leading payment method that recently signed a deal of approval from Canada's Fintrac.

Updated on 04/02/2026

Xace is a worldwide leading payment method that recently signed a deal of approval from Canada’s financial intelligence unit (Fintrac).

What does this mean? Xace shall now be allowed to operate within the lucrative iGaming business in Canada.

What is Xace exactly?

They are a payment banking partner and call themselves as a ‘leading gaming partner with the iGaming industry’. This definitely shows in their client portfolio where they feature hundreds of leading brands of some of the best online casinos.

Still, how does their payment method exactly work? What Xace does is that it provides payment accounts with a world-recognized IBAN that can be used by providers and online casino operators.

The payment provider also works with affiliates, sub-affiliates and other businesses that are related to the iGaming industry.

A new payment opportunity in iGaming

What this launch also means is that customers are now able to send and receive sums in Canadian dollars. Customers in Canada will also be able to convert their Canadian Dollar payments into 8 other major currencies – including EUR, USD, CHF, GBP, CZK, HUF, NOK and SEK.

Want to know about other popular payment methods in Canada? Check our Top Payments Page List, which we constantly update for our players.

Gambling Awareness: Staying in the Green

At CanadaCasino, we believe that the best way to enjoy online gaming is to stay informed and in control. In the Canadian market, gambling should always be viewed as a form of paid entertainment, much like a movie ticket or a hockey game—never as a source of income.

The Golden Rules of Responsible Play

To keep your experience positive, we recommend following the Lower-Risk Gambling Guidelines developed by the Canadian Centre on Substance Use and Addiction:

  • Set a Hard Budget: Only wager what you can afford to lose. Once that “entertainment fund” is gone, it is time to log off.
  • Time Management: Use your phone or casino tools to set session timers. It is easy to lose track of time when you’re on a roll.
  • Avoid “The Chase”: Trying to win back losses is the most common pitfall. Accept a loss as the “cost of play” and walk away.
  • Play Sober and Focused: Never gamble when you are stressed, upset, or under the influence of alcohol or substances.

If you ever feel that gambling is no longer just entertainment, it’s important to know that help is available. Independent organizations like GambleAware provide free, confidential advice, tools, and support for anyone looking to understand their gambling habits better or seek professional help.

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Author

Marcelo de Morais Russo Site Manager & Website Optimization Specialist

Marcelo is an Editorial Specialist specializing in the iGaming sector, with over five years of experience managing and optimizing more than 20 casino and sportsbook websites across global markets. He has worked with leading operators, where he focused on transparent, data-driven content strategies that promote responsible gambling. His expertise spans Web Optimization management, product coordination, and operational efficiency, ensuring consistent performance and compliance.

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