PayPal: Why is it One of the Most Popular e-Wallets in Canadian Casinos?

Paypal Casino

PayPal was founded in 1998, and it has been the world’s most used e-Wallet system for the past 20 years. The system has succeeded majorly due to its security and reliability aspects, enabling users to transact without having to disclose important information that may compromise the account. Other than being useful in online shopping settings, it has grown to be a primary payment option of choice in online gambling.

What are PayPal Casinos?

PayPal casinos are the online gaming platforms that accept PayPal as a method of either depositing or withdrawing funds. In Canada alone, PayPal boasts of about 7 million active users. If you are interested in using this payment option for gambling, keep reading, and we’ll show you some of the coolest Canadian casinos where you can use it.

Top Paypal Casinos in Canada

4.7 / 5

Up to $1000 Bonus

  • 100% match up to $400 - first deposit
  • 100% match up to $300 - second deposit
  • 100% match up to $300 - third deposit

  • 2
    4.7 / 5

    150% Match up to $200

    1 X Match Offer up to CA$200

    4.7 / 5

    $800 Free for First 3 Deposits

  • 1st Deposit - 100% Bonus up to $400
  • 2nd Deposit - 100% Bonus up to $200
  • 3rd Deposit - 100% Bonus up to $200

  • 4
    4.5 / 5

    Up to $750 Bonus

  • 100% match up to $250 - First deposit
  • 100% match up to $250 - Second deposit
  • 100% match up to $250 - Third deposit

  • 5
    4.4 / 5

    Welcome bonuses up to €/$1600

  • Offer 1 - 100% up to 400
  • Offer 2 - 100% up to 400
  • Offer 3 - 100% up to 400
  • Offer 4 - 100% up to 400

  • Getting Started with PayPal

    To open a PayPal account, you just need to fill up the signup form on the PayPal website. You will then be asked to verify your email, a process that only takes a minute or two at most.

    Log in to your account and take a few additional steps to add your bank account and credit card, as well as complete verification to activate your account. Verification generally takes a few business days to complete. After confirmation, you can use your new PayPal account to make deposits and withdrawals in Canadian online Casinos.

    How to Deposit and Withdraw Using PayPal in Online Casinos

    PayPal operates like a checking account on its own for use at internet-based vendors. Therefore, users need to deposit money into their PayPal account via direct bank or card transfers and then use the money at PayPal casinos.

    In line with the service itself, it’s an effortless task to make a deposit or withdraw at casinos that accept this method.

    • How to Deposit

      Simply navigate to the payments page from your choice of platform, select this payment service as your deposit method, and fill in the amount you want to play with. A prompt to login will pop up and you are supposed to fill in your details and proceed to load your deposit.

    • How to Withdraw

      It works the same way as when depositing. You need to select the PayPal option from the withdrawals section and specify an amount. A pop-up login form will appear together with final instructions. The money will then arrive in your account within the given timeframe as stipulated by your gaming agency.

    Associated Fees

    Associated Fees

    PayPal deposits and withdrawals are mostly free, but some casinos may charge you a deposit fee for using PayPal. However, receiving money via PayPal from the casino will cost you 2.9% fees plus 0.30 CAD for every amount you receive.

    Security features

    Security Features

    Paypal uses 128-bit SSL encryption to ensure the security and safety of all financial information and transactions. On top of that, safety policies used by PayPal are top notch; for instance, they have an airtight privacy policy and two-factor authentication for mobile users. The systems are also regularly upgraded to ensure 100% security for their ever-growing customer base.

    The Most Reliable PayPal Casinos in Canada

    Some of the top Canadian casinos that accept PayPal include:

    Hits and Misses

    While PayPal has plenty of benefits for online gambling, there are a few drawbacks of using the service as well. They are as outlined below:

    • The service is one of the safest ways of banking online.

    • Instant deposits and same-day withdrawals

    • Ensures anonymity in gambling since your bank account information isn’t shared

    • Making payments via PayPal is free in most Canadian casinos

    • It is very user-friendly and easy to use

    • A limited number of PayPal casinos available.

    • Verification process when creating a new account may take days to complete.