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❓ What is PayPal and How to Use It?
PayPal stands out as a banking method that is easy and convenient to use with high security. Your payments with the e-wallet are processed quickly and as a gambler you can top up your casino account in a few moments.
The prerequisite for using the electronic wallet is a free PayPal account. With just a few details, you have quickly created this on the payment service provider’s site.
There you can then bundle various payment methods and, for example, store your bank details or credit card data. After that, you can transfer real money to your casino account in just three short steps.
How to Deposit Money with PayPal?
Here’s how you can deposit using PayPal in an online casino:
After registering, go to the casino’s cashier.
Select PayPal as the payment method for the deposit and enter at least the minimum amount you need to play at the provider of your choice.
A secure, encrypted connection to PayPal will be established and you will verify yourself with your email address and the corresponding password. If you wish, you can activate a 6-digit security code as an additional security measure, which you will receive via SMS, and which is required for every transaction.
After successfully confirming the payment and completing the process, your deposit amount will be posted directly to your casino account and the real money can be used immediately for casino games.
Your welcome bonus will then be paid directly to your real money account by the provider.
How to Withdraw Money with PayPal?
If you have made deposits to your casino account with PayPal, then you will receive your withdrawals faster. The prerequisite is that you use the same payment method for deposits and withdrawals.
The money is then credited to your PayPal account and is at your free disposal.
The withdrawal from your PayPal account to your bank account takes, as described above 2-4 business days.
Why you actually should use PayPal for online gambling in a casino when making deposits, has now already become clear in the article. But PayPal is not only a fast deposit method, but you can also receive payments.
Here the PayPal Casino Canada offers itself for payouts if you want to pay out your winnings. Again, the online casino PayPal has the advantage, it is fast and easy. One must except his mail address no personal data for the payouts with PayPal disclose.
And from the speed you can also benefit here. As fast as an online casino can receive a payment, as fast you can receive a payout as a customer with the PayPal Casino in 2024. Whereby there may be appropriate processing times depending on the online casino.
Basically, you receive the money, after the payment was initiated, immediately available on his PayPal account. From your PayPal account, you can then decide whether you want to transfer your money to your bank account or credit card, whether you want to use it to make purchases on the Internet or simply leave the money there.
✅ Why to Choose PayPal?
Since many online casinos for Canadian players now work with the payment service provider PayPal and the interest is very high, we’ll explain to you exactly what the main perks are of choosing PayPal as your preferred deposit and withdrawal method in 2024. Here’s all you should know about PayPal in online casinos:
Simple and Intuitive
Only two clicks are required for a deposit at any PayPal Casino. After registering at a PayPal Casino, you have to deposit your PayPal account there once.
Your advantage: None of the PayPal Casinos will ask you for your account number (IBAN) or your bank code (BIC). You also do not need to enter your credit card number when making a PayPal online deposit.
These data are already stored in your PayPal account and are kept under lock and key. Only the addition of your email address, which you also use for PayPal, is requested.
In the case of a deposit, you select the desired payment amount in the casino’s cashier and click on “Pay with PayPal”. Now you will be automatically redirected to PayPal via the “https” security protocol.
Here you can check your debit amount for the PayPal Casino again at your leisure. Finally, you will be asked to enter your PayPal security password.
Only after the complete entry of this data, the transaction is completed, and your online PayPal deposit is credited to your account at the PayPal Casino.
Checking Through Two Transfers
Private and business payments are now made worldwide in all available currencies. Using the currently most secure procedures and via special security servers, all customer data and payment modalities have long since been made in international payment transactions.
Payment transactions via PayPal are especially protected against unauthorized access and hacker attacks by modern encryption systems. This is of course a particular advantage for real money transactions in the market for online casinos.
The only requirement for participating in this payment method is the existence of a personal customer account with PayPal. The service of PayPal is completely free of charge. If you do not have a PayPal account yet, you can set up a personal online account in just a few steps.
Anonymity
Your advantage here as well: Absolute anonymity. Your data is treated with the same priority and security level as in PayPal casinos as with any other PayPal transaction and remains your property.
Another great advantage is the PayPal Buyer Protection, which always takes effect when something has gone wrong. If an amount cannot be allocated or the debit is wrong, PayPal can fix this at any time without you having to wait days or weeks for your money. You can save yourself an annoying call to your bank by using casinos that accept PayPal.
➕ Advantages of PayPal
The advantages when it comes to PayPal seem to be endless, given the payment system’s long and successful track record. Especially advantageous is PayPal for safe and responsible gambling – as the service offers highly advanced security measures, along with a few other surprises.
Advantages | Disadvantages |
---|---|
Safety | Transaction Limits |
Fast Transactions | Additional Fees |
Reputation |
These are the main advantages you should know about PayPal Casinos in Canada:
Safe
As with many other online stores that already work with PayPal, you also have the option to deposit your money at PayPal casinos absolutely anonymously and, above all, securely.
Your deposit is always processed discreetly and without outside intervention at the providers suggested by us. The PayPal Casino only knows your PayPal email address, but this does not provide any insight into your account number, credit card or other transactions made on your PayPal account.
If you have existing funds on your PayPal account, your bank or a bank employee will not see where and what you have deposited. Also, the account statement does not provide any conclusions and the transaction is not traceable for strangers.
Before you start, it must be clear that when you are redirected to the PayPal deposit page, you are of course redirected to a login screen with an SSL certificate, which can be recognized by the security symbol in the bar.
SSL encryption is the best way to adequately secure a website. PayPal uses the most modern G2 root certificate with 1024-bit encryption.
Fast Transactions
The speed is one of the main reasons for the great success of this payment method. Depositing via PayPal is very fast and can be done with just a few mouse clicks.
Within seconds, the money is transferred to your casino account and can be used immediately on any games. Thus, the otherwise usual banking time of a transfer is omitted and during the payment process no personal data will appear.
The payouts are carried out just as quickly and easily, but at some casinos with minimum deposit it can take a few business days. This is solely due to the internal processing in the online casino. This e-wallet is characterized not only by transfer speed and ease of use, but also by high flexibility.
Reputation
PayPal has had an eventful corporate history since its founding in 1998, which reached a temporary climax with its IPO in July 2015.
The company was founded as Confinity in the field of payment methods and cryptography. After merging with online financial services provider X.com in March 2000, the company specialized in services related to payment systems on the Internet.
After eBay became aware of the success of the fast-growing business, it bought the company in October 2002 and integrated it as a payment system on its platform.
In 2007, the payment provider also received an official banking license from the Luxembourg Financial Supervisory Authority, which is valid throughout the European Union and was issued in accordance with EU directives.
Through the IPO on July 17, 2015, PayPal is once again an independent company listed on the NASDAQ technology exchange. The newly gained independence is intended to open up new markets and promote growth.
This strategy was not fully possible under the eBay umbrella. In the future, technical innovations will be driven forward to carry out even more transactions, for example via apps. In May 2018, PayPal most recently bought the mobile payment provider iZettle for a proud $2.2 billion.
➖ Disadvantages of PayPal
Where there is light, there is also shadow. Despite the extraordinary conveniences PayPal offers for deposits and withdrawals at the casino, there are also things you should pay special attention to.
The disadvantages of PayPal are:
- Unfounded account suspensions – It has often happened that PayPal has blocked its customers’ accounts without good reason. The provider’s strict security rules are usually considered the reason.
- Fees for withdrawals – Although deposits in online casinos are free of charge, the payee owes fees via PayPal. For withdrawals, these amount to 1.9% of the deposit amount plus a flat rate of $0.35.
- Costs when using credit cards and exchange fees – Using credit cards to top up your PayPal balance is an expensive pleasure. Furthermore, an additional 2.5% will be charged for a currency exchange.
PayPal Transaction Limits
One of the biggest advantages of e-Wallets like PayPal is that both deposits and withdrawals are made within the shortest possible time. The biggest factor for a withdrawal is the processing time on the part of the provider.
Here you will find partly considerable differences. For example, there are online casinos where you can have the amount in your bank account within 24 hours and others that take half an eternity.
The payment service from San Jose is suitable for players who are looking for games with high betting limits, so-called high stakes, as well as games with low limits per round, the low stakes.
PayPal offers the perfect platform for both types of players, as it shines with low deposit limits as well as allowing high sums.
Fees for Players Using PayPal
As user-friendly and secure as PayPal may be as a payment service, the fees are a thorn in the side of many. While depositing with PayPal does not entail any fees, you have to make concessions when withdrawing winnings: $0.35 is charged in any case.
That is still bearable. However, PayPal fees of 3.40% are added to this. The casino sites have to pay these fees to PayPal as “merchants” and often pass them on to the customer – which you can hardly blame them for.
There are other fees that can be incurred by PayPal. For example, if you played in the casino with US dollars, but keep your PayPal account in CAD. In that case, another 3% will be withheld. However, this can easily be avoided by simply selecting CAD as the currency at the PayPal Casinos Canada.
🎰 PayPal Casino Games
If casinos can nevertheless refer to the service, they are often part of an offer that has parallel sports betting and other games of chance in its portfolio.
In this case, PayPal is an option, since deposited funds can also be used for thousands of games on different online casinos to enjoy the latest and most popular roulette and blackjack titles, slot machines, video poker machines, progressive jackpots, and other classics.
It goes without saying that especially newcomers could quickly look down the tube due to this circumstance.
However, there is no lack of alternatives: If players insist on fast and uncomplicated deposits and withdrawals, Canadian real money casinos have many other options that are not stingy with comfort and convenience.
Whether credit card, Neteller, Skrill, Paysafecard, MuchBetter or ecoPayz: the number of individual deposit opportunities is gigantic and offers the right method for every player to be able to start the first spin or card game in a few seconds.
Casinos with PayPal are a standard in themselves – but by no means the only proof of optimal handling of users’ finances.
Types of PayPal Casino
Fortunately, when we talk about PayPal Casinos, we are not only talking about the typical online casinos. It’s about much more in iGaming, as today’s player trends and preferences have changed drastically from what they were a few years ago.
Let’s see what are the most popular types of PayPal Casinos and what distinguishes them from the rest when you are going to use the payment method for your deposits and withdrawals in Canada:
PayPal Mobile Casinos
Almost every PayPal Casino Canada is also mobile. Operators know that users are browsing the Internet more and more on the go.
At the dawn of the digital age, Adobe Flash was still dominant. A technology that never gained a foothold on smartphones. Older slots are therefore often not mobile playable because they are based on Flash.
In the meantime, HTML5 has replaced Flash. New online slots are now just as entertaining on mobile as they are on PC.
Some PayPal casino sites offer standalone apps. However, it is usually possible to access the website via the mobile browser as well.
The operators make sure that the mobile website adapts to the narrow display. Of course, you can also make mobile deposits, via PayPal as well as via other service providers.
PayPal Live Casinos
PayPal Casinos nowadays are usually divided into at least two major areas. On the one hand, there are the regular casino games such as slot machines. On the other side, the live dealer area can be found in casinos that accept PayPal.
Here, table games such as blackjack, roulette, baccarat, poker, and multiple other titles are offered, which can be played as live games.
This means that you are connected to a gaming table via webcam and can “watch” a live dealer at work during the game rounds.
This creates an atmosphere like in the big casinos of this world. The only difference is that in the online casino with PayPal you don’t have to observe any dress code or other requirements.
💰 PayPal Casino Bonuses
When you are new to signing up at an online casino with PayPal, there is often a bonus that you can claim. It is common that you receive the casino bonus with the first casino PayPal deposit.
However, on some sites you can also expect a bonus without a deposit. Complete registration, log in – and you’ll be gifted. The only downer: no deposit bonuses are not very generous. Sometimes it is 10 free spins, in the best case a small obolus as credit.
Logically, for the deposit bonus you’ll need to make a deposit. Unfortunately, there are more and more casinos that do not accept PayPal deposits to claim that sweet bonus. e-Wallets are increasingly excluded from bonuses. Deposits via PayPal are accepted in this case, but do not entitle you to receive the bonus benefits.
For us, this means, take an even closer look; focus on the few providers that don’t say “No, thank you” to PayPal, but “Yes, please”.
We have encountered the following types of bonuses for new players on the Canadian iGaming market:
- Free spins without deposit
- Bonus credits without deposit
- Free spins as a deposit bonus
- Bonus credits as a deposit bonus
- OR a combination of free spins and bonuses
Note: Always read the bonus conditions because the wagering requirements determine how many times you have to wager bonus credits or free spins wins on the slots. If you request a withdrawal early, you will only be able to withdraw your deposit; the bonus and associated winnings will be removed.
⛔ In Which Countries Does PayPal Accept Transactions?
Finding an online store where you can’t pay via PayPal is becoming increasingly difficult. The large U.S. payment service provider is now the number one for payment processing on the Internet – even in Canada.
If you look at the ten largest online stores in Canada, you will notice: The only place you can’t use PayPal is with market leader Amazon. Amazon is PayPal’s biggest competitor on its home market and offers its own payment service under the name Amazon Payment Services.
Therefore, the list of countries in which PayPal is active is endless. This means, that even when you’re going to play casino games in other countries, it’s very likely that you’ll end up finding PayPal.
💳 Alternatives to PayPal Payments in Casinos
There are alternatives to casinos with PayPal. Many providers accept Skrill, Neteller, MuchBetter, and many other alternatives. In Canada, also a very popular Interac e transfer casino. These services also allow real-time deposits.
Skrill also accepts credit cards as a deposit method, for example. It sometimes becomes problematic with the bonus. Many casinos exclude Skrill and Neteller from their bonus offers.
Let’s have a closer look at our favorite alternatives to PayPal in Canada:
Skrill
Do you want your bank account to be clean from transactions related to online gambling? Then the e-Wallet from Skrill is exactly the right alternative to PayPal.
Just like your PayPal account, with Neteller and especially Skrill, you have an online account from which you can transfer your money anonymously and securely between your bank account and your online casinos.
On the bank account subject, incoming payments, and debits from Neteller or Skrill look quite neutral. Plus, both these e-Wallets are extremely safe and fast – both in deposits and withdrawals.
VISA and MasterCard
You are looking for an alternative to PayPal because you simply want to deposit unlimited and free? What works with PayPal via direct debit, works just as well with a Visa or MasterCard card.
With the probably best known and most popular credit card in Canada, deposits are possible without limits depending on the set transaction limit. In the meantime, you can get a MasterCard from your local bank.
An advantage over PayPal: The charge of the credit card is only debited monthly from the current account and not daily, like the direct debit payments with PayPal – so you have much more leeway.
💗 PayPal Customer Service
Although the company PayPal is so huge, you can contact the technical support. If you have any problems, you can get useful advice from the operator.
You can contact the operator both by email and by phone. Choose the means of communication that you prefer and get answers to your questions very quickly.
If you want to use email, choose the subject of your salutation, and write about your problem regarding casinos that accept PayPal.
If you are going to use a phone number, you will get a secret code that you should tell the operators for quick identification. Note that this PIN is valid only for 30 minutes.
The technical support is fast and therefore you will get qualitative answers to your questions very quickly. The quality of PayPal clients’ service is realized on a high level, which is an advantage of this payment method.
🛇 Blacklisted Casinos
- Withdrawal problems
- Poor support
- Pirated copies of Novomatic games
- Huge wagering requirements
- No live chat and support
- Long payments
- Pirated copies
- No phone number
- Long wait
❗❓ FAQ
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Do all casinos in Canada accept PayPal deposits?
Unfortunately, no. There are not too many PayPal Casinos in Canada because this payment method is very strict with the companies it collaborates with. If you want to find the best PayPal Casinos to make deposits, we suggest you take a look at our list.
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Is it safe to deposit and withdraw via Canadian PayPal casinos?
It is incredibly safe to make deposits or withdrawals with PayPal. Thanks to multiple security measures, players can make their transactions anonymously, while protecting their personal and financial data. Plus, if the casino is properly licensed, you will never run any risk.
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Is it free to deposit with PayPal?
PayPal deposits are always free of charge. Typically, you may only have to pay a fee when using PayPal as a withdrawal method.
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What other alternatives to deposit at online casinos without PayPal?
Since PayPal is quite restricted on the gambling market, the alternatives are pretty important in Canada. The most popular alternatives to PayPal are the e-Wallets Skrill and Neteller, which can be found at almost every online casino out there. However, you can often also fall back on ecoPayz or the Paysafecard to make easy and safe deposits.
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Can you use PayPal without an account?
You cannot play at an online casino for real money without first creating an account by using PayPal. Other methods such as Trustly or Zimpler do allow this, but they work completely different from PayPal.