PayPal Casino Online & Banking in Canada

When it comes to online payments, PayPal is likely to be one of the first names that pop up. And that's for a wide range of reasons. PayPal is by far one of the most recognized online payment processing tools. You can rest assured that your information is kept securely and guarded by experts.

As PayPal has become an institution in the world of online payments, not every casino is eligible to work with it. There are stringent requirements that the casino online has to fulfill in order to be able to offer this payment method. To understand PayPal better, we have explained the following:

  • What to be aware of when using PayPal
  • How to use it as your online payment method
  • The amount of security PayPal provides to online gamblers in Canada
Quick Facts
  • More than 184 million people across the world are registered on PayPal.
  • Net total payment volume in the first quarter of 2016 was more than $80 billion Canadian Dollars.
  • Robust fraud protection and hacker prevention thanks to its encrypted SSL technology platform.

The Inception Of An Online Payment Giant

PayPal is a pioneering platform for web-based transactions and it is one of the leading companies that offers a seamless payment system to people across the world, including casino online gamblers.

Not any casino online can start using PayPal. First, the casino needs to get approved by PayPal. Second, both the operator as well as the customer have to be located within a particular jurisdiction where local laws permit online gambling. These stringent regulations set out to do one thing and one thing alone - offer ultimate customer protection and adhere to stringent Canadian gambling regulations. As a result, the online casinos in Canada that PayPal are sure to be incredibly reliable and safe. And we've managed to seek them out so that you don't have to go through the hassle of finding them.

Established in 1998, PayPal was originally created to help people who were using the universal shopping platform of eBay to make online transactions. However, it wasn't long after its launch that the platform became so much more than that. It is now an internationally renowned and reliable payment processing method which allows you to pay a variety of merchants in a secure manner. Conversely, it allows merchants to easily accept payment across borders without having to worry about wiring fees or manual currency exchange. You can also use it as a tool to deposit and withdraw cash from your casino online balance.

How To Deposit & Withdraw Money

PayPal is incredibly easy to use for gamblers who want to make money at online casinos. When it comes to depositing and withdrawing money from a casino online to your PayPal account, there are no associated fees that you need to worry about. However, you will be subjected to a small withdrawal fee when you transfer real cash from PayPal directly to your bank account. This is typically 2.9% of the total amount being transferred to your bank, plus 30 cents per transaction. If the currencies are different, there might also be some currency conversion fee as well. You can be on your way to using this payment method at an online casino with these four quick steps.

Open PayPal account
Open a free PayPal account and fund it with money from your bank account.
Verify PayPal account
Verify the PayPal account if you want to lift certain limitations to withdraw and deposit as much money as you want.
Find the casino
Find the casino online that you want to play at our website and navigate to the Cashier.
deposit money with PayPal
Select that you want to deposit money with PayPal, enter your email address and specify the amount of money you want.

The Benefits You'll Enjoy

There are a number of reasons you might want to use PayPal as your main payment processing tool. They have stellar customer support which consists of highly informed and responsive staff. Furthermore, you won't be sharing your personal and financial information with the online casino. This is a relief for Canadian players because no one wants their financial information compromised. So using this particular payment processing option for online gambling is without a doubt beneficial. If you're still debating using PayPal, here's why you can rest at ease.

  • Secure
    Secure: Your important financial information is kept from the online casino
  • Fast
    Fast: Once you have opened an account, it takes very little time to deposit or withdraw funds.
  • Acceptability
    Acceptability: PayPal is accepted at most major Canadian online casinos, so you can play to your heart's content.
  • Note: As of this writing, Canadian gamblers cannot use PayPal to make deposits at a casino online. While you can gamble legally at online casinos that accept these deposits in most countries in Europe, both Canada and the United States have a law against using it for gambling. Luckily, there are several other payment methods to use as an alternative.

    A Premier Casino Selection

    At the end of the day, PayPal is a highly reliable method of payment and we've done all the leg work for you in terms of finding quality online casinos in Canada that offer the option of using it. Browse through our extensive list of PayPal casinos and be on your way to winning big. We've made sure that you get to access top games, instant payouts, favourable betting terms, and fantastic RTPs.

    Experience fast banking like no other with PayPal!

    PayPal FAQ

    While PayPal online casinos are highly preferred all over the globe, Canadians and Americans are presently unable to deposit funds or withdraw winnings through it. Since current gaming legislation prevents North Americans from using casino online PayPal transactions, several other prominent payment platforms such as Skrill and Paysafecard have proven to be highly useful when players want to load their bankroll or cash out their winnings.
    Being the premier and efficient way of performing online casino transactions, PayPal makes playing at your favourite casino site a breeze. However, due to the lack of online casino regulation in Canada, several local casinos do not allow players to use PayPal to fund the cashier or transfer winnings to their bank account.
    PayPal is known for its swift deposits and relatively fast payouts. At casinos where players can actually use PayPal, deposits are commonly instant when money is transferred from PayPal account to bankroll. Most online casinos are pushing to speed up payouts to attract more players, which is why payouts can typically be instant from the casino to your PayPal account. However, transferring money from PayPal to your bank account may take anywhere from 2-5 days.
    PayPal is hands down the largest payment company with close to 250 million users. Therefore, it takes security as top priority to ensure that customer details are not abused by hackers or scammers. Your personal and financial information is safe as when processing transactions, PayPal does not reveal these details to the online casino. Therefore, you can rest assured that your information is safe when you're gambling at your favourite PayPal casino online.
    PayPal typically does not charge users when they send Canadian Dollars, however, online gambling sites often charge a minor fee when punters place a deposit. When withdrawing money from your PayPal account to your bank, amounts over $150 are free. If you fall below this amount, there may be a charge of 50 cents per withdrawal.