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Rising Popularity of PayPal Casinos for Online Gamblers in Canada
April 23, 2021
20 min read
Our priority in CasinoNow Canada is to guarantee locals an excellent experience playing online casinos. Our tests & reviews are always unbiased. Sometimes an online casino is 100% convincing and we decide to partner with it. However, this does not affect the objectivity of our assessment.
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Review and rating formation is carried out according to many criteria. To evaluate the payment method, its reliability and safety, convenience, popularity in a certain country are checked. As well as the availability of a payment method in the recommended online casinos.
The fact that it represents one of the most convenient online payment methods isn’t the only reason why PayPal casinos in Canada are growing. Furthermore, this is a good thing as PayPal is highly reliable for use and the players will have the chance to make a payment or request withdrawals from casinos in a matter of minutes. With this payment method, online casinos will certainly make more customers and players will finally be able to easily operate with their casino money from the comfort of their homes, as CasinoNow experts will demonstrate on this page.
Players have the chance to get to know depositing and withdrawal procedures using PayPal, as well as the advantages and disadvantages of PayPal online casinos. No need to use your bank account and credit card information, just make a deposit and play securely. Learn all the details regarding this type of casino depositing and potential bonuses expecting you right here and now!
However, PayPal is currently unavailable at the moment. So, in order to make payments for online casino, you can consider using one of these substitutes:
Top PayPal Casinos in Canada 2021
€20 – €10000
- A huge selection of games available made by top tier software providers
- The customer support team is at its best, with live chat, email and phone support
- PlayAmo Casino is a completely legitimate venture, fully licensed by the top iGaming authorities.
€10 – €1000
- A solid selection of software providers
- Customer service is available to contact 24/7
- Live chat option is especially useful in this sense
€10 – €10000
- Woo Casino features support for cryptocurrencies and Bitcoin cash, alongside other payment methods
- The owner of Woo Casino, Direx N.V. is a legitimate, trusted operator of several top-tier online casinos
- There is a nice bonus for the new players in the form of several hundred free spins for the slots
€10 – €5000
- Thousands of available games that the players can play – made by top tier developers
- Big welcome deposit bonus for new players in the form of free betting money
- Dozens of live games to enjoy in the live casino section
€10 – €5000
- Fully licensed and legit online casino – owned by the Palace Group
- Some of the best games made by reputable developer Microgaming
- Big casino bonuses especially for the new players
Table of Contents
- What is PayPal and how does it work?
- Using Online PayPal Casinos in Canada
- Why Use PayPal When Playing at Online Casinos?
- How to Deposit Funds Using a PayPal Account
- How to Withdraw Funds Using a PayPal Account
- The Advantages of PayPal Casinos and Gambling
- Disadvantages of PayPal Casinos and Gambling
What is PayPal and how does it work?
PayPal moves your money automatically from your bank account to a seller. It allows you to send money virtually and you never have to put your bank or credit card details on a company’s website. PayPal works as a middleman and gives you peace of mind that your details won’t be stolen.
PayPal is widely accepted by websites such as eBay to gambling platforms. You simply need to open a PayPal account and register your banking details. By linking your bank account to PayPal, you can send funds through it for quick and simple transactions.
If you have a service or product to sell on your own website, you can receive payments from customers via PayPal. The website not only makes it easy to make payments, but you can receive them too. Thanks to PayPal, millions of people around the world are able to run their very own Internet businesses.
Nowadays, users can also get a PayPal debit card that allows you to use the funds in your account in brick and mortar stores. It’s the simplest and most convenient e-wallet on the Internet today. In 2018, it was reported that PayPal had over 267 million active accounts. Many of which are used by individuals to deposit and withdraw funds from Canadian PayPal casinos.
Using Online PayPal Casinos in Canada
PayPal casinos are a popular destination for gamblers with PayPal accounts. The e-wallet makes it easy to fund a betting account and to withdraw funds. PayPal is a highly respected way to transfer money between two parties.
The company has strict security and safety, which means your account details will not be hacked. While a website’s payment system could get hacked by nefarious individuals, PayPal is a safe way to make Internet purchases.
You can make transactions with online casinos such by using your email address connected to the PayPal account. You won’t need to provide any other details directly to online casinos concerning your personal bank account. This adds an extra layer of security.
A number of Canadian PayPal casinos exist, which gives you the chance to deposit money into your online account. Some Canadian PayPal casinos will even give users a special bonus for funding their accounts with PayPal.
Why Use PayPal When Playing at Online Casinos?
PayPal may not have been the first e-wallet company that transfers funds digitally from buyer to seller, but it is the biggest. The company has been around since 1998 and one of its founders is the much-revered Elon Musk. Due to PayPal’s longevity, it has built a strong reputation as an international online banking system.
Thanks its great reputation, PayPal is widely accepted and you can find a number of online casinos that accept PayPal deposits. Once you set up a PayPal account, you will have plenty on online casinos to choose from. You can also use PayPal as a payment system for other websites. You can practically pay for whatever you want on the Internet from clothing to food using PayPal.
Perhaps the main reason PayPal has become the largest e-wallet payment system on the planet is due to the convenience it offers. You can purchase goods and services in very little time and the transactions occur quickly.
You can deposit and withdraw funds from your gambling account when using PayPal casinos. PayPal will then let you transfer your winnings to your bank account. Unlike some e-wallets, you can withdraw your winnings into your bank account. In no time, you can take your casino winnings from your online account and transfer for them into you PayPal account.
PayPal users love the limited number of fees associated with the website. Purchases and deposits can be made with no charges being applied. You can also convert currencies in case you want to purchase an item from another country or you accept funds in a different currency.
How to Deposit Funds Using a PayPal Account
- Firstly, you will need to open a PayPal account prior to funding your casino account.
- After that is complete, open an account with one of the many PayPal casinos online. Once you have done this, make sure you have money in your PayPal account.
- Go to your preferred PayPal casino’s deposit page.
- Click on PayPal as your preferred deposit method and follow the instructions. It will take just a few minutes to successfully deposit funds into your online gaming account.
- The money should show up in your account quickly and you can begin betting on the casino games you love to play.
How to Withdraw Funds Using a PayPal Account
Once you have deposited funds to PayPal casinos you can begin playing. If you are lucky enough to win, you can then withdraw your winnings to your PayPal account quickly and easily. In fact, it is even faster to withdraw funds than to deposit.
To withdraw your winnings, go to the withdrawal section of the online casino and select the amount you want to withdraw. Click the withdraw icon and you will have funds transferred to your PayPal account in no time. It is worth noting that not all PayPal casinos allow you to take out a large sum of money. Therefore, you may have to make a few smaller withdrawals.
The Advantages of PayPal Casinos and Gambling
PayPal is a great alternative to registering your bank account or credit card details. Those details can be stolen and used by hackers. However, PayPal’s tight security measures keep your details from being take. Because PayPal is the middleman that handles the transaction, online casinos do not have your personal details.
Not only is PayPal safe, but it has a great reputation and is used by millions of people all over the world. It is also possible to use PayPal at various websites to make purchase. If you win money at an online casino such, you can withdraw the cash and use it at an online store courtesy of PayPal.
Disadvantages of PayPal Casinos and Gambling
The worst part about using PayPal for Canadian gamblers is it is currently not available. That isn’t to say PayPal won’t be available in the near future, but for now, PayPal is not a deposit option for Canadian online casinos. There are a number of Canadian PayPal casino alternatives available, however.
PayPal is one of the best inventions of the Internet-era. It makes digital transactions seamless and fast. For anyone that sends or receives money over the Internet, PayPal is the payment system they should be using. It is safe, fast, and reliable. Due to the same reasons you should use it to make every day purchases, you should use PayPal to deposit and withdraw funds to your online casino accounts.
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About the author
James Taylor is the chief editor of CasinoNow Canada Portal. This is the professional name of our bilingual go-to guy who adds value to all our work. He has been working as editor-in-chief at CasionNow Canada since 2018. Previously, he studied at the University of Quebec in Montreal and worked in market research companies.