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.
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:
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.
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.
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.
You can open more than one PayPal account if you prefer to keep your online gambling account separate from others.
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:
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:
It is extremely easy to link your bank account to your PayPal account. Follow these five simple steps:
It’s just as easy to add a debit or credit 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:
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:
Closing or deleting a PayPal account is also simple. If you ever choose to delete your PayPal account, just follow these steps:
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.
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.
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.