Founded in 1998, PayPal has been there since the very beginning – and still has a dominant presence within the online payment services offered worldwide.
That is why you will find Paypal as a payment option in the majority of our online casino reviews.
In this Paypal Casinos review we shall go through all about this popular e-wallet – available for all players in Canada.
Paypal Casinos Review – Safety First!
Let’s start from the basics – safety. In this Paypal casinos review we explored how this e-wallet features an end-to-end encryption and a 2-factor authentication system. All of this is to ensure both payment security as well as ensuring GDPR through the same data-protected SSL-encrypted systems.
What about the online casinos in Canada that feature Paypal? Are they all safe? All the casinos we feature here at CanadaCasino meet all the legal standards as imposed by Canada’s Gambling Laws.
This means what?
- all casinos are properly licensed
- all are constantly tested through third-party organizations such as eCOGRA and Technical Systems Testing (TST), to make sure that games are not rigged
- all casinos have SSL encryption to also ensure data protection from their end.
Did you know? |
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There are some crooked casinos out there. Keep a lookout. You can bookmark our constantly-updated list of Blacklisted Casinos as a reference for any unsafe casinos. |
How to use Paypal at Online Casinos?
Once you have an account with Paypal and you have linked your bank cards to the same account, you’re good to go to choose it as a payment method for online casinos.
How do you link it to an online casino? Once you sign-up for any new casino of your preference, you will be prompted to choose a preferred payment method. From the provided drop-down menu, choose the Paypal option.
You’re good to go!
Are there any fees when depositing and withdrawing at the Paypal Casino?
Paypal may charge you a maximum fee for transferring funds which is generally a total of 2.9% of your amount, plus another $0.30 as a standard fee for all transactions.
When it comes to online casinos, each casino has its own rules for withdrawing fees. Most casinos charge minimal withdrawal fees that are only up to 2-5%. It is also common for online casinos to charge no transaction fees at all.
For this Paypal Casinos review, we have compiled a list of the best Paypal online casinos – where you not only find Paypal as a payment method but also offer the best transactional conditions for its players in Canada.
How to place a deposit and withdraw your winnings using Paypal?
We’re making it easy. In this Paypal Casinos review, we are featuring two short lists on depositing and withdrawing in any Paypal casino.
Paypal Casino Deposit
- Sign in to your online casino
- Go to Payment Settings
- Go to the ‘Deposit’ Option
- Insert the amount you want to deposit in C$
- If it’s not automatically set to Paypal option, choose ‘Paypal’ as a payment method from the drop-down menu
- Press ‘deposit’ and money are instantly available in your casino account
Paypal Casino Withdraw
- Go to Payment Settings
- Choose the ‘Withdrawal’ option
- Insert the amount you wish to withdraw
- Check that you have Paypal as a withdrawal method
- Press ‘Withdraw’
- Your money will be available in your account in between 1 to 3 days
Did you know? |
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We at CanadaCasino have a dedicated list of Fast Payout Casinos – meaning the online casinos in Canada that payout in the shortest span of time. |
Solutions to common issues when using Paypal at Online Casinos
We are listing some common queries which our players in Canada frequently ask when it comes to Paypal Payment method
- I can’t find Paypal as a payment method in my online casino: that means that the online casino doesn’t offer Paypal as a payment method.
- What if I need to make payments with currency exchange? Paypal accepts a total of 26 payment methods and operates in over 200 countries, so currency exchange isn’t a problem. Currency exchange comes at the cost of 3-4%.
- What do I do if I notice any fraudulent activity in my Paypal casino account? All the casinos in Canada we feature provide exceptional customer care service – most of them with a 24/7 chat available. Report the issue immediately through chat or given email.
Did you know? |
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Do you own cryptocurrencies? You can wager money with your crypto at several crypto casinos in Canada. |
Pros and cons of using Paypal at Online Casinos
Let’s take a look at the pros and cons in playing in Paypal Casinos.
PROS | CONS |
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Available as a payment option in many online casinos | currency exchange of 4% can be deemed a. bit higher than other e-wallets |
Safe and trusted e-wallet since 1998 | |
Low transaction fees | |
Eligible for bonuses |
Paypal vs. Other Payment Methods
From bank options to instant payments, the rising popularity of using cryptocurrencies such as Bitcoin for casino payment methods is making casino payment systems very flexible for all types of players in Canada.
That is why we have created this table that specifically compares Paypal to other payment methods.
Features | Paypal | MasterCard / Visa | InstaDebit | Bitcoin |
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Fast Transactions | ✔ | Take Longer | ✔ | ✔ |
Data Protection | ✔ | ✔ | ✔ | ✔ |
Online Payment Option | ✔ | ✖ | ✔ | ✔ |
2-Factor Authentication | ✔ | ✖ | ✖ | ✖ |
Payment 1-3 days | ✔ | can take up to 2 days | ✔ | ✔ |
Did you know? |
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Paypal has tools that can help you keep a budget on how much you want to spend – this can help you play responsibly and manage your gaming experience better. |
Paypal is a trustful casino payment method
With so many payment options in the modern online casino world, it is not easy to narrow down your payment options. Still, Paypal can boast of its millions of users, as well as being one of the oldest e-wallets in the online world.
If you find PayPal easy and convenient, like we have featured in this Paypal Casino review, then it’s worth joining a PayPal casino to enjoy fast payouts and more peace of mind.