Best PayPal Casinos in Canada (2021)

JackpotCity

Up To $1600 Welcome Bonus

  • Canadian Gambling License
  • Trusted Online Casino
  • High Payout Percentages

9

/ 10

Spin Casino

C$1000 Deposit Bonus

  • Trusted operator since 2001
  • 600+ Games
  • High payout percentages

9

/ 10

Genesis Casino

C$1000 Bonus +300 Free Spins

  • Massive Jackpot Games
  • Large Welcome Bonus
  • 1300+ Online Casino Games

8

/ 10

Casino Lab

C$1500 Welcome Bonus & 300 Free Spins

  • Huge Jackpot Games
  • 100+ Online Slot Games
  • Large Sign Up Bonus

8

/ 10

Ruby Fortune

C$750 Welcome Bonus

  • Over 450 Casino Games
  • Quick Withdrawals
  • Trusted Brand since 2003

8

/ 10

888Casino

$88 Free No Deposit +100% Bonus up to $200

  • 1000+ Casino Games
  • Fast Withdrawals
  • Fantastic No Deposit Casino Bonus

8

/ 10

Canadian PayPal Casinos

When depositing and withdrawing money through a Canadian online casino, there are various methods of payment transfer including PayPal, Interac, iDebit, INSTADEBIT, Trustly, Bitcoin and many more.

In this guide, we will focus on PayPal, and why it is one of the best options that are quick and easy to use. On top of this, many online Canadian casinos accept PayPal.  

With the help of our guide below, you’ll be able to easily deposit and withdraw funds using PayPal while gambling online.

Best PayPal Casinos Online 

Canadian online casinos that offer PayPal as a payment option can be seen as having extra credibility. This is because PayPal puts companies through a rigorous vetting process before allowing them to use their service. PayPal only wants to be associated with credible and trustworthy websites. Therefore, when you find an online casino that offers PayPal, it is likely that it is a safe and responsible option. 

Below are some of the best online PayPal casinos:

  1. JackpotCity Casino
  2. Spin Casino
  3. Ruby Fortune
  4. bet365
  5. 888Casino
  6. LeoVegas
  7. William Hill

New PayPal Online Casinos 

Recently, more casinos have realized the value of offering PayPal as a payment method. As a result, many new casinos go above and beyond to get PayPal on their site.  

Check out some of these new PayPal online casinos for Canadians.  

What is PayPal? 

PayPal is an online payment system that offers online money transfers between individuals and businesses. PayPal is a common deposit and withdrawal method among online casinos. It is free to use and widely available in Canada, the United States, and Australia.

PayPal can be seen as an online chequing account. This method of payment protects sensitive financial and personal information, making it ideal for online payments and withdrawals from online casinos.

Setting Up a PayPal Account 

If you’re looking for an alternative to your current online payment method or are new to online gambling and want a safe and secure way to transfer money, follow these steps to set up a PayPal account.

  1. Go to PayPal’s website and click “Sign Up” 
  2. Select the account type you want (personal or business) 
  3. Enter your phone number. A code will be sent to this number 
  4. Provide the six-digit confirmation code 
  5. Fill out your personal information - name, email address, and password 
  6. Enter your address and other required information  
  7. Choose a method of depositing money or add your credit card information 
  8. Navigate to your email and verify your PayPal account by clicking the link in the email sent to you by PayPal 

You can open more than one PayPal account if you prefer to keep your online gambling account separate from others. 

Adding Funds to Your PayPal Account 

There are several ways you can deposit money into your PayPal account so that it’s available to use at an online casino. These methods include: 

  • Via bank transfer 
  • Using debit
  • With your credit card 

You can also link a payment card to your PayPal account.  

By linking a card to your account, you won’t need to have sufficient funds in your PayPal account to make a purchase. Instead, it will pull money directly from the card that you have linked. This ensures that transactions are quick and do not fail due to insufficient funds.  

You can link the following to your PayPal account: 

  • Your bank account 
  • Credit cards 
  • Debit cards (but only those with a Visa or Mastercard logo) 

It is extremely easy to link your bank account to your PayPal account. Follow these five simple steps:  

  1. In your PayPal account, go to “Wallet” 
  2. Choose “Link a bank” 
  3. Select your bank from the list 
  4. Log in to your online banking via the portal provided to instantly link your bank account or select “Link your bank another way” at the bottom of the screen then provide the required details. Please note: this second option will take longer - 2 to 3 business days. 
  5. Click “Agree and Link” 

It’s just as easy to add a debit or credit card. 

  1. Navigate to “Wallet” in your PayPal account 
  2. Choose “Link a card” 
  3. Fill in the required details and select the card type  
  4. Click “Link Card” 

Having a PayPal account also allows you to track your deposits and winnings. This can help you manage the amount of money you’re spending. 

Once you have a PayPal account set up, use it to deposit money into the online casino of your choice.  

Here’s how to deposit money using PayPal: 

  1. Ensure there is money available in your PayPal account, on the card or in the bank account that you have linked to PayPal  
  2. Go to the cashier section of the online casino you’re using 
  3. Choose PayPal from the payment options 
  4. Log in to your PayPal account 
  5. Enter the amount you would like to deposit - be sure to meet the minimum required amount for a deposit 
  6. Confirm your transaction
  7. Wait for your money to arrive in your online gambling account - the money should be transferred almost immediately

Once you’ve placed your wagers and won some money, you can use PayPal to withdraw these funds.

PayPal is one of the quickest ways to get your money into your personal bank account. Usually, the money will be transferred within a few hours and at the most within 24 hours. Be aware, however, that withdrawing money may come with a small fee - always be sure to read the fine print.

Withdrawing money from an online casino is simple with the use of PayPal. Here’s how:

  1. Go to the cashier link in the online casino that you’re using
  2. Choose the amount you would like to withdraw
  3. Choose PayPal from the options
  4. Log in to your PayPal account
  5. Select “Confirm”

Deleting Your PayPal Account 

Closing or deleting a PayPal account is also simple. If you ever choose to delete your PayPal account, just follow these steps:

  1. Click on “Settings” 
  2. Under “Account” options select “Close your account” 
  3. Enter any required information  
  4. Click “Close Account” 

The Pros and Cons of Using PayPal

There are positives and negatives to all online payment methods. Here are some advantages and disadvantages to consider when determining if you’d like to use PayPal as your online payment method.

Pros of PayPal 

  • Safe and secure 
  • Familiar among online users 
  • Easy to link to an online bank account 
  • Protects sensitive information by preventing you from having to give credit card numbers, etc.

Cons of PayPal 

  • Not available in every country
  • Not all online casinos offer this as a payment option
  • Fees may apply to transfers

PayPal Safety and Security 

PayPal casinos ensure player safety through a variety of safeguards. You can rest assured that your information will be kept safe, as PayPal only works with online casinos that have a clean track record.

Here are some ways a PayPal casino works to keep player information and money safe.

  • Email authentication
  • Data encryption
  • Fraud protection
  • Buyer protection

If an account were to get hacked, PayPal’s Account Protection ensures that users will not be held accountable or lose money due to illegal activity. This includes covering users for identity theft and unauthorized purchases.

FAQs

How does PayPal work?

PayPal works like a chequing account that can be used to make payments online. Simply create an account, add money via debit, credit or money transfer, and start spending.

What is PayPal?

PayPal is an online payment system that offers online money transfers. Money can be transferred from an individual to a business or between individuals.

How safe is PayPal? 

PayPal has put in place several safety measures to ensure their users are protected from any fraudulent activity. This includes encryption and email authentication. That being said, if a user’s account was hacked and personal information was compromised, PayPal covers all costs and does not expect the user to take responsibility.

Who owns PayPal?

eBay is the parent organization of PayPal. eBay purchased PayPal in 2002 for a cool $1.5 billion.

Which gambling sites accept PayPal?

Most prominent Canadian online gambling sites accept PayPal. Be sure to check which payment options are available on any given gambling site before registering. This will ensure that you can quickly, easily and safely deposit and withdraw funds.

What online casino takes PayPal?

While most Canadian online casinos take PayPal, the most popular casinos that use this service include JackpotCity Casino, Spin Casino and Ruby Fortune.

Thomas Brown

Thomas Brown

Thomas is responsible for all content on BettingGuide Canada. With his extensive knowledge of the gambling industry and college degree in law, he knows what you should look out for when choosing the best casino or sportsbook.

Last updated: 9/6/2021