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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.

Website: www.paypal.com
Social medias: Twitter , Instagram , Facebook , Youtube , LinkedIn
Locations: California, USA, Nebraska & Ireland
Gambling Geos: AT, CA, CH, DE, UK, IE, IT, NL, NO, NZ, SE, US
KYC Info Required: Yes
Requires Physical Card: No
Owned by other company: Ebay

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:

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:

Depositing and Withdrawing With PayPal

Min Withdrawal: C$10.00
Max Withdrawal: C$10,000.00
Min Deposit: C$10.00
Max Deposit: C$10,000.00
Withdrawal Time: Instant
Deposit Time: Instant

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:

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:

PayPal Withdrawals

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:

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:

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 Bonus

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

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.

Reload Bonus

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 PayPal casino will match it according to the bonus percentage.

Cashback

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.

PayPal Alternatives

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:

Final Thoughts

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 PayPal 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.

FAQ

Are PayPal casinos safe?

Yes, they are. PayPal casinos Canada 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 Canadian 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 PayPal casino.

Do PayPal casinos impose any fees?

In most cases, PayPal online casinos don’t charge any fees on 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.