What Is PayPal?
It is a popular online payment method that’s been used for online transactions since 1998. After eBay acquired it in 2002, the e-wallet gained the trust of millions of people worldwide and became an integral part of their daily online shopping.
The benefits of the payment provider were soon spotted by online casinos that started offering this option on their banking pages. In 2006, this payment provider launched a mobile platform and enabled users to make payments through their mobile devices.
The reasons it became so popular and remained at the top of its game are many, including, but not limited to, convenience, safety and speed of transactions. As these characteristics are highly appreciated by online casino players, it’s no wonder that this e-wallet has become one of the top picks for iGaming transactions for players around the planet, including Canada.
Benefits of Playing in Canadian Online Casinos That Accept PayPal
Playing in PayPal casinos has many perks for players from Canada. Here are the most significant advantages of using this banking option for online casino payments:
- Safety and security — Players must share their sensitive data with the operator when making deposits and withdrawing funds from online casinos via classic banking methods like cards or bank transfers. PayPal breaks this pattern as it acts as an additional layer of protection between the player and the casino and keeps your private information safe at all times.
- Reputation — This payment provider has been on the market for more than two decades now. It’s served millions of people and conducted payments measured in billions of dollars, and it certainly won’t let that hard-earned reputation fade to dust.
- Anonymity — The e-wallet acts as a middleman between the casino and the player. This means that your personal details won’t be shared with the casino or stored on its servers, making payments practically anonymous.
- Speed — The deposits are instant, meaning you’ll be able to play your favourite casino games only a few moments after funding your account. The withdrawal speed is excellent as well, and your winnings are usually transferred within two to three days.
- Ease of use — It is simple to use. All you need to do is take a few minutes to open an account and then transfer money to and from online casinos in a few clicks.
- No maintenance fees — Opening an account is free of charge, and the payment provider doesn’t impose any maintenance fees.
Things to Consider When Using PayPal
Although using this e-wallet for online casino payments is excellent in many ways, there are a few things you should bear in mind:
- Your account may be frozen — PayPal has a history of freezing accounts due to any suspicious activity, which often causes frustration among players.
- Transaction fees may incur — Online casinos generally don’t charge any fees for depositing and withdrawing money using PayPal, but the payment provider may impose some fees.
Depositing and Withdrawing With PayPal
To make casino deposits using this e-wallet, you must open an account first. Luckily, this is as easy as ABC, and it’s also free, so you won’t have to worry about any additional expenses. Here’s how to set up your account:
- Visit the PayPal site and click on the Sign Up button.
- Choose the account type.
- Fill out the registration form with the required information.
- Link your account to your bank account, credit card, or debit card.
- Fund your new account and start exploring PayPal online casinos for Canadian players.
How to Make a Deposit Using Your Online Casinos Canada PayPal Account
Once you’ve added funds to your e-wallet through a card or bank account, you can start using it for your online gaming sessions. Here are all the steps you need to take:
- Pick one of the PayPal casinos for Canadians recommended by Gamblizard.
- Open an account in your desired casino and log in.
- Visit the Cashier section and click on the Deposit tab.
- Pick PayPal as your preferred payment method and enter the amount you’d like to deposit.
- Confirm the transaction and start playing!
Unlike other popular methods like prepaid cards, PayPal can be used for both deposits and withdrawals. The process of cashing out your funds is straightforward and consists of the following steps:
- Log in to your online casino account.
- Visit the Cashier page and hit the Withdraw button.
- Enter the amount of money you want to withdraw.
- Confirm the transaction and wait a few days for the funds to reach your account.
Once the money appears on your account, you can transfer it to your bank or credit card. However, you should note that online casinos almost always follow the Know Your Customer procedure.
This means that you’ll probably be asked to submit certain documents that prove your age and identity before the casino signs off your withdrawal. The documents may include your government-issued ID, passport, utility bill, bank statement, etc.
Top PayPal Casinos Canada
Nowadays, many Canadian online casinos accept this popular e-wallet, but not all of them deserve your hard-earned money. Luckily, the Gamblizard team took some time to locate the best PayPal casinos available on the Canadian online gaming market. Here they are:
- Viva Fortunes — Viva Fortunes offers around 500 casino games to online gambling fans from Canada, as well as a fantastic welcome offer that includes a combination of a match bonus and free spins.
- 888 Casino — 888 Casino is an operator willing to give you a $20 deposit bonus for taking the time to create an account and deposit $20. Sign up, make a minimum deposit and test the platform to its full potential.
- PlayOJO Casino — PlayOJO will impress you with its user-friendly terms and conditions. This operator offers bonuses without wagering requirements or a winning cap and imposes no withdrawal limits whatsoever. It doesn’t get any better than that.
Best PayPal Casinos Сanada Bonus Offers
Bonuses and promotions are an indispensable part of online casinos. Read on to learn more about the most common bonuses you can claim on casino sites that have PayPal listed on their banking pages.
Match bonuses are the basis of almost every welcome offer for new players available on the online gaming scene. Depending on the bonus percentage, they can increase your initial deposit many times, and the bonus money often appears on a player’s account right after the transaction goes through.
Free spins are a common addition to the match bonus in the welcome bonus package. They can also be offered as a standalone promotion and make regular players happy as well. You’ll need a bonus code to unlock these spins in some cases, but they are typically triggered by making a tiny deposit.
No Deposit Bonus
A no deposit bonus is a unique treat offered only by the best casinos in Canada. It is awarded after you open an account and doesn’t require a deposit, which is why players find it to be quite a treat.
A reload bonus is a match bonus that can be claimed by registered users. To activate this offer, a player should make a minimum deposit as per bonus terms and conditions, and the casino will match it according to the bonus percentage.
A cashback is a bonus given after a player has deposited money, wagered it, and lost. The operator will cover your losses from a specific period up to a predetermined percentage, so you can use it again to play your favourite casino games.
In case you can’t open an account in your favourite PayPal casino Canada, or for any reason don’t want to use this payment option for online gambling, here are a few alternatives to try instead:
- Neteller — Neteller is a popular e-wallet used by many online gaming enthusiasts around the world. It’s an easy-to-use option that functions similarly to PayPal, so players won’t feel much difference when they start transferring money.
- Skrill — Skrill is another e-wallet known among online casino fans. It works in much the same way as Neteller, and it may even incur lower or no fees.
- Paysafecard — If you want to remain completely anonymous when making a deposit in online casinos, Paysafecard is a great option. You can buy it in the local retail shop and use it to fund your online casino account. However, You can’t use this option for withdrawals, so when the time comes to cash out your winnings, you’ll have to go for another method.
- Pay by Phone — The latest payment solution includes payments through your mobile phone. Use your mobile credit to fund your online casino account or have the expenses added to your monthly bill. This option is great if you don’t have an e-wallet and don’t feel like going to the store to buy a prepaid card.
PayPal didn’t become a popular payment method overnight. There’s a lot of hard work and effort behind this online payment enterprise, which resulted in this e-wallet becoming one of the world’s most widely used banking options. Online casino players love this option because it’s safe, fast, straightforward, and trustworthy, and if you haven’t tried it yet, make sure to do so, as it could completely transform your online gaming sessions.
Are PayPal casinos safe?
Yes, they are. PayPal casinos are an excellent option for players who want to stay anonymous during their online gaming sessions. Since the e-wallet acts as a middleman between the casino and its players, it virtually blocks the casino’s access to your private information. What is more, the payment provider uses the latest security measures to keep your funds well-protected at all times.
Can I use PayPal in any online casino?
We know for sure that some casinos don’t support PayPal transactions. However, on our website, you can find many casino sites that accept PayPal deposits from Canadian players and allow withdrawals through the same method.
How do I get started in PayPal casinos?
To start playing in, you first have to sign up for PayPal services. This is a simple process that won’t take a lot of your time. In short, all you need to do is visit the e-wallet’s official website, hit the Sign Up button, provide your details, and link your new account to a credit/debit card or a bank account. Then, top up your account and pick your casino.
Do PayPal casinos impose any fees?
In most cases, online casinos don’t charge any fees on PayPal transactions, but the payment provider itself may add some extra cost to your withdrawals.
Can I use PayPal for withdrawals?
This depends on the casino you’ve picked for your online gaming adventure, but in most cases, you’ll be able to withdraw your winnings.
Can I make a PayPal deposit but request a cashout through another banking option?
Gambling websites often have a policy of using a single payment option for both deposits and withdrawals. Still, some casinos will allow you to pick your preferred withdrawal method separately from the deposit one, which will give you a chance to select a different cashout option.