PayPal Casinos For Canadian Players
PayPal casinos are growing in popularity, as PayPal is a popular digital wallet that holds your credit card, debit card and online banking information and acts as a go-between for you and the entity who you’re sending money to, and vice versa. Using PayPal adds an extra layer of security against any fraudulent sites and transactions you might encounter because there’s suddenly a kind of money judge who determines who is right and who is wrong in case of a dispute.
The aim of PayPal is to allow you to make money transfers quickly and seamlessly, keeping your online activity moving as safely as possible, which is why it has become a popular payment method at online casinos.
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How do I use PayPal at an online casino?
Once you’ve set up your account and found your online casino, the rest is pretty simple. You:
- Sign up for a real money account.
- Link it to your PayPal account
- Log in directly through the casino site and access your funds
That means direct deposits and withdrawals, without mucking around with separate banking logins and so forth.
Are PayPal casinos safe?
There’s no need to fear keeping all your card information in one place at PayPal casinos. PayPal’s transactions are totally protected and anonymous, which means hackers can try all they want to get in, but they won’t be able to.
How Do I Withdraw from PayPal Casinos?
Another of the main reasons PayPal has gained so much traction over the years is the simple way a user is able to receive or withdraw funds back into their accounts, be that from friends or business entities. PayPal casinos make the process fast, easy and reliable with simple steps and minimal waiting time. Don’t believe me? Here’s how it works in as few words as possible:
- Log in to your casino account with your username and password for that site.
- Go to your account section and choose ‘bank’ or ‘balance’. Remember, the terminology may change from site to site but the concept is the same.
- Once you’re in the money section of your account, you’ll see a ‘withdraw’ button, click it.
- You’ll then be given payment withdrawal options, and one of these will be ‘PayPal’, choose this and sign in to your account.
Now all you need to do is wait, but your cash will usually hit your account within one or two days. Simple!
Are there fees for withdrawing at PayPal casinos?
Once you’ve found an online casino that accepts CAD and PayPal, PayPal is always free to set up. Just follow the easy steps to register an account and load up your card information for fast, secure online payments. You’ll be able to make purchases and deposits across thousands of websites without incurring any charges, provided it doesn’t require a currency conversion of course!
Need a step by step guide to getting set up? Here you are:
- Go to the official PayPal sign up page to create your account.
- Make sure you select ‘Personal Account’ when given the option.
- Type in your email address (the one you check most often) and think up a safe and hard to guess password.
- Then you’ll be asked to fill out your address and agree to the policies. You know, the ones we always pretend to read but don’t.
- Finally you’ll need to link your credit card, debit card or online bank account information.
You’re good to go! Now you can make online payments through PayPal whenever you see a PayPal logo or the Express Checkout. No need to visit the PayPal site directly anymore – PayPal casinos, which support it as a payment method, will have a direct link.
Is PayPal Safe?
Considering you’re divulging all your personal and financial information, asking whether PayPal is safe is really fair enough. In reality, you’d struggle to find a safer option for your online casino deposits and withdrawals.
PayPal is a huge company backed by massive investments in security and technology. This makes them one of the safest payment methods around. I like to think of PayPal as an added layer of bubble wrap, and if it’s free, why say no?
Is PayPal popular in Canada?
Yes, since launching in Canada in 2006, PayPal is estimated to have 6.4 million users in Canada.
“In Canada, PayPal’s active accounts have increased by 205% since 2006. We now have more than 6.4 million active users across the country. In the last decade, PayPal has powered payments for more than 250,000 Canadian retailers and businesses – small and large. Our open technology platform has increased opportunities for online businesses in Canada that have helped accelerate today’s e-commerce economy.” – Cameron Schmidt of Juggernaut
Over the past 10 years PayPal has been increasing their dealings in Canada and today PayPal can be used for
- Online casino banking
- Amazon
- eBay
- AirbnB
- Online retailers
What Are The Advantages of Using PayPal Casinos?
The list is a long one, so if you get the option, always go for it. Here are the highlights:
| Pro | Description |
| PayPal has a great reputation | People know PayPal, they’re not some new kid on the block, even more so since they became a subsidiary of eBay. And as one of the largest banking systems on the market it partners with other big names like MasterCard. That kind of reputation can only benefit you as user, giving your processes such as deposits and withdrawals that extra bit of authority and recognition. |
| PayPal casinos transfer funds very quickly | Money goes in and comes out at impressive speed, with a regular waiting time of up to just two days for withdrawals. That means you get a nice little guarantee as to when you’ll be seeing your winnings. And once you’re ready to play again you can transfer funds back into your online account in less than a day. |
| PayPal supports up to 25 currencies | And CAD is one of them so there are no extra fees necessary for currency conversion. PayPal is a powerful e-wallet that works with multi-currencies to help you with seamless transactions each and every time. |
| You could get exclusive casino bonuses | Some online casinos will offer you special bonuses when you choose to deposit and withdraw with PayPal. And if you get to stack this bonus on top of another, such a new user bonus, all the better! How can you say no to being rewarded for making a safer and more convenient choice when using online casinos? |
| PayPal casinos have exceptionally high security | As we talked about above, PayPal offers payment security that’s almost unparalleled. That means you can feel free to use multiple casinos (provided they accept PayPal) with enviable ease of mind. PayPal also has a reputation as a secure online banking system. You’ll be able to complete a transaction simply by logging in with your email address and password. You won’t need to provide any details directly to the online casino about your personal bank account, so potentially unsafe sites won’t have any access to your personal information. PayPal is also really tough on the businesses that use its services. They have very strict rules regarding the correct way to do business with customers and won’t hesitate to cut ties with that company if they deem them to be in any way fraudulent or shady. People often feel unsure about depositing money with online casinos, as reputations are not always stellar. With PayPal you can feel safe in your choice. |
| PayPal is widely accepted | First of all, as a large company, you’ll find many casinos globally that accept PayPal as a payment method. So once you set up an account with PayPal, any new casino you visit that also accepts PayPal will not require you to re-enter all your information. You can feel free to use multiple sites without having to open up numerous accounts with smaller banking companies. All you need is PayPal. |
References
- PayPal
- PayPal store List on Finder
- PayPal Fee Calculator on Calcuconversion
