Canadian Online Casinos That Use Paypal

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  5. Canadian Online Casinos That Accept Paypal

Today’s PayPal casinos are giving Canadian players the possibility to use the world’s biggest e-wallet as a payment method for their deposits and withdrawals. With more than 227 million accounts worldwide, PayPal is surely the number one alternative payment option in the world. And with more than 5.5 millions Canadian holders, it’s no wonder that there is an increasing number of Canadian casino sites that accept PayPal. Our exclusive guide will illustrate in detail all the advantages offered by a PayPal casino, such as:

  • PayPal payment system and casinos that accept PayPal have been working together for many years. In the beginning of the rising of online gambling (late 1990s - early 2000s), it was the leading global method of payment after credit cards.
  • Moreover, using this service you can withdraw funds from the online casino, which is also an advantage. The pros of using online casinos that accept paypal deposits include: Ease of handling; High degree of reliability; Greater prevalence in foreign online casinos and the ability to withdraw money from the casino.
  • Extra safe transactions;
  • Mobile payments;
  • Dedicated PayPal slots and games.

In this way, it acts as a sort of intermediary between the player and the casino, keeping the payer's data protected. Although Fundsend is a relatively new payment option for Canadian players, its ease of use for online casino deposits is a great plus and many online casinos.

PayPal Casinos

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What Is PayPal

PayPal was founded in 1998 as a pioneering payment solution that the world came to know as e-wallet. After being acquired by Ebay in 2002, PayPal has grown to become a powerhouse in the world of online payment platforms, with well over 200 million users worldwide. And while some people still use wire transfers or credit/debit cards to play online, PayPal is one of those casino payment methods that are quickly gaining popularity.

But how big is PayPal, really? Just so you can have an idea, almost 20% of all e-commerce transactions worldwide are cleared via PayPal. The online gambling industry is no stranger to that number, given that PayPal online casinos in Canada and worldwide attract tons of new players on a daily basis. Let’s take a look at the main advantages of playing at a PayPal casino to know why.

Pro’s of PayPal Casino Sites

There are numerous reasons for you to pick an operator from our list of casino sites that accept PayPal.

  • First and foremost, it’s cheaper than for example, bank transfers or credit card payments where you are charged extra costs and commissions for your transactions;
  • It’s also much faster to deposit or withdraw your casino funds using PayPal. Many PayPal online casinos in Canada process withdrawals instantly!
  • PayPal casino sites offer the safest payments around. All transactions are monitored 24/7 to prevent against phishing, identity theft and fraud.
  • You will not be asked to share your credit card details with the PayPal casino operator you want to play at. Just use your PayPal credentials and you are good to go!
  • You can manage your PayPal account directly from your casino apps for additional control over your bankroll and gaming habits.

PayPal has been around for almost 20 years, and it is tested and tried by millions of people worldwide. Your account details are protected much better than if you used your card number, and PayPal’s built-in buyer protection includes dispute and arbitration functions. That means that using PayPal will protect you from being scammed or ripped off!

Cons Of PayPal Casinos

Using PayPal to play online casinos has no real disadvantage, but there might be a few hiccups along the way that you probably would like to know about:

  • The first one is the amount of time needed to link your credit card or bank account to your PayPal account. The maximum waiting time is 6 working days, with 2-3 days being the norm. Also, this is a one-and-done thing so once done, it will be smooth sailing.
  • It takes a few days for the initial verification of your card on behalf of PayPal, which is a bit slow compared to other e-wallets.
  • Moving funds from your PayPal account to your bank account can occasionally take some time.

Why Not All Casinos Accept PayPal

If you browse the majority of casino lists for Canadian players, you will notice that not all online casinos accept PayPal as a payment method. This is due mainly to Another thing is that not all Canadian online casinos accept PayPal as a payment method. The reason for this is that PayPal’s own guidelines and business rules of conduct regarding partnerships.

  • When it comes to the online casino industry, due to the nature of the business itself, PayPal upholds ultra strict quality assurance guidelines when associating themselves with a given gambling operator.
  • There are specific obligations and due diligence procedures that PayPal must comply with before the terms for a partnership are established, which is also another reason why PayPal only works with a limited number of select casinos.
  • There are specific reasons why PayPal may reject a gambling operator. These include lack or license or possession of a licence from a ‘loosely’ regulated country, local regulations (for the casino operator) and so forth.

At the end of the day, for Canadian players there is only one thing that really matters. When you see a PayPal casino, you can rest assured that you are looking at an operator that is safe, trustworthy and fully enforces fair gaming!

Deposits And Withdrawals At A PayPal Casino

Thanks to PayPal casinos, Canada players can execute their financial transactions fast and seamlessly. As you have already read, using PayPal at online casinos comes with numerous advantages. Now, let’s take a closer look at how you can deposit and withdraw funds into your casino account by using PayPal.

How to Deposit

Using PayPal for your casino deposits and withdrawals is really easy. The first thing you need to do is of course, choose a Canadian casino that accepts PayPal from our dedicate list at the top of this page. Once you register your new casino account, you are ready to make your first deposit with PayPal.

  1. Log in to your casino account, go to your ‘bank’ section and pick PayPal as a preferred payment method;
  2. Select your preferred amount to deposit and click ‘Confirm’ on the dialog window;
  3. You will be asked to enter your PayPal credentials to link your account;
  4. Confirm and click on the ‘Pay’ button.

Done! Your funds will be transferred to your gaming account instantly.

Hot to Withdraw

Withdrawing funds from your casino account using PayPal is just as easy. Just make sure you follow these steps the first time and you will have no issues at all!

  1. Enter your casino account and reach the banking section;
  2. Again, select PayPal as preferred method (some operators require that you use the same payment method for deposits and withdrawals);
  3. Enter the amount you want to withdraw;
  4. The funds will be transferred to your PayPal account – how much time it will take depends mainly on the operator’s side.

Play PayPal Slots and Games

Another advantage to PayPal Canada casinos is that you will be able to play unique games and pay with your favorite e-wallet. When you sign up to one of the many online casinos that accept PayPal, you will be able to play any game in their catalog while using PayPal for your deposit and withdrawals. PayPal slots in particular are a big thing among Canadian casino players as they offer several advantages:

  • Speed: with PayPal slots, your financial transactions will be faster than with most of the other casino payment methods -this means you will be able to play and win earlier than normal;
  • Bonus availability: many operators will not make it possible for you to claim a welcome bonus when depositing with specific payment methods. PayPal is never affected by these restrictions so deposit with confidence and start playing;
  • Game selection: at PayPal casinos, you will find all the games you always wanted to play, including of course the latest slot machines as well as all the classics.

PayPal Tax in Canada

It’s important to understand the wagering requirements before you begin PayPal gambling. Those requirements vary from casino to casino, and they depend on the type of the bonus. To put it simply, the wagering requirements usually specify an amount of money you have to wager before you are able to withdraw your winnings. The best place to look for that information is casino’s Terms and Conditions.

Additionally, the Canadian Federal Court issued a court order to PayPal, allowing the Canada Revenue Agency to collect payment data from PayPal. So, if you withdraw your winnings to your PayPal account, you should know that it’s a taxable income. Luckily, in Canada, you can even pay your taxes using PayPal!

Summary for PayPal Casino Players

Now that we have shared with you everything that we know about PayPal Gambling and best casinos that accept PayPal, it’s up to you to make a decision. There are some great pros of using PayPal for your favourite online casino deposits, but as we have seen, there are some cons as well. So whatever you decide, to go on and make a PayPal account, or to stick to the classic payment methods, one thing is for sure – there are many amazing Canadian live casinos waiting for you!

PAYPAL Casinos: FAQ

  • Where Do I Sign Up For A PayPal Account?

    Before you can gamble at Canadian online casinos that accept PayPal, you got to create an account. The registration at www.paypal.com is easy and it takes just a few minutes of your time. If you are registering from Canada, your account will be set with CAD as your primary currency, but if you want, you can add as many additional currencies as you want. And if you end up being short on your primary currency, PayPal also has a useful Currency Exchange feature.

  • Are there any Hidden Costs of Using PayPal for Online Gambling?

    If you want to play online casino with PayPal, you might be thinking about potential costs. One of the best features of using PayPal as your payment method is that, save for the currency conversion rates and cross-border payment, there are no additional fees involved. The best way to save some more money is to find a casino that accepts the Canadian dollar (CAD) as a payment currency. That way you don’t have to pay for the conversion, and you will be left with some spare cash that you can use to play your favourite game!

  • Is Depositing and Withdrawing Funds via PayPal Safe?

    PayPal employees do their best in order to keep your data safe. They are a large company with hundreds of millions of clients worldwide, and they take your security seriously. You just have to be careful when choosing a casino. As long as you gamble on trusted online casinos that accept PayPal, your personal information and your money will be safe. And in case that you are scammed or ripped off, PayPal has a built-in buyer protection including dispute and arbitration functions.

  • Are There Any Restrictions for Using PayPal?

    Unfortunately, there are still some countries which don’t allow for PayPal to be used for gambling withdrawal and deposits. The list of the countries whose laws prohibit that kind of use includes United States, Australia and several other. And, sadly, Canada is one of those countries. We hope that the legislation will be changed and that Canadian players will be able to use their accounts in online casinos that accept PayPal. Still, Canadian casino-goers can use their PayPal accounts and transfer money to other payment systems – so, there is still an indirect way to use PayPal for gambling deposits.

As online gambling is becoming more accessible for Canadian residents, players who arethinking of joining an online casino will inevitably ask the same question at some point: what’s the best and safest option for depositing and withdrawing funds online? Should you gofor a Paypal casino, an iDebit casino or are there even better options?

Luckily for Canadians, the best online casinos support several online payment methods, including the most popular creditcards, e-wallets and prepaid cards. In this article, we’ll take a look at the most common casino online payment providers that Canadians can make use of and list some advantages anddisadvantages for each one.

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Online casino Credit Card deposits and withdrawals

VISA and Mastercard are the most common deposit method across online casinos, for obvious reasons – almost everyone has one or the other, and just as you usethese cards to make online purchases, you can use them to deposit funds to your online casino account.

When it comes to online casinos, VISA has gotten more popular than MasterCard for online casino deposits and withdrawals. This is because there are currently certain restrictions when it comesto withdrawing funds to a Mastercard, so you'll find that this is not possible at several Canadian online casinos. This means that if you deposit using your Mastercard, then you would have towithdraw using another method.

You should keep in mind that when you withdraw using a credit card, it will take about 2 to 3 days from when the casino processes your withdrawal to see the money in your account. This has gotsomething to do with the credit card provider, so casinos have no control over it.

Online

What’s more, there is normally a transaction fee (service charge) imposed by the credit card companies when it comes to withdrawing to your credit card. A few casinos pay this fee themselves asone of the strategies of retaining their players, however at most online casinos, this charge is something you have to factor in if you intend to withdraw your winnings to your credit card.

Online Banking Solutions

Online banking solutions consist of services or platforms that allow players to make deposits instantly from their own bank account without having to make a bank transfer through their bank.This saves time since players would not have to manually enter the casino's bank details in their internet banking, and the casino wouldn't have to wait for the money to comethrough. Instead, there would be an intermediary service that makes the process much smoother.

Instadebit casino

One provider we cannot fail to mention is Instadebit, since this instant bank transfermethod has been created specifically for Canadian banks and online gambling sites. Instadebit is partnered with a lot of Canadian gaming operators, and offers a seamless deposit and withdrawalalternative which doesn’t even require players to have an account beforehand, as they can register for this account while making their deposit with the casino. Following this, you can depositand withdraw to any private bank account from Instadebit casino sites.

It’s important to keep in mind that Instadebit is not an e-wallet, which means that players cannot use their Instadebit account to deposit funds directly into it and store them there (as youcould with PayPal, for example). It’s a real-time transfer method for those who already have a savings or checking account with a Canadian bank.

One of the disadvantages of Instadebit casino transfers is that you cannot simply transfer your online casino winnings directly to your bank account. Instead, your winnings are transferred toyour Instadebit Balance Account first, which may take a few days.

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Instant Banking by Citadel

Instant Banking by Citadel is a service that allows you to use your internetbanking to deposit funds to an online casino. This method is extremely convenient because you don't even need to subscribe to this service or even prefund your account; all you've got to do isselect your bank from the Instant Banking by Citadel platform, and then log in to your own internet banking to make the payment. The only downsides to this method is that not all banks aresupported by the service, and also not all casinos offer this facility.

Online casinos that support Instant Banking by Citadel

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Fundsend casinos in Canada

Fundsend is a transfer platform that's regulated by the UK Financial Services Authority (FSA), which allows you to fund your online casino account via a credit or debitcard that's already linked to your bank account. In this way, it acts as a sort of intermediary between the player and the casino, keeping the payer's data protected. Although Fundsend isa relatively new payment option for Canadian players, its ease of use for online casino deposits is a great plus and many online casinos are now offering this method. But unfortunately,Fundsend comes with one main disadvantage - you normally won't be allowed to use it as a withdrawal method (though some casinos may agree to it if you speak to their support team).

E-wallets

E-wallets are very popular amongst online casino players, because of their convenience. To use an e-wallet, you still need to connect your credit card to the e-wallet account, but then you canuse that same e-wallet account across several casinos without having to enter your credit card details at each one, and you can also withdraw your winnings much faster! In fact, withdrawals toe-wallets are instant (once the online casino has processed them). Let’s take a look at the most popular e-wallets you can normally use at Canadian online casinos

ClickandBuy casinos

This e-wallet is getting very popular amongst Canadians, and we can see why - it's free to register for Click&Buy, and transactions are safe and instant. ClickandBuy comes withmany more advantages, one of them being that pseudonyms are used so that you don't even need to show your real name when depositing. This payment option also supports 120different currencies and allows you to set a limit on your monthly spending, which can be useful if you're trying to avoid gambling too much!

The main disadvantages of ClickandBuy are two: one is that some online casinos won't allow this option for withdrawals, and secondly, if you want to withdraw money back to your creditcard, you'll be charged a 3.9% fee. However, there are many other methods by which you can fund your ClickandBuy account without using your credit card.

PayPal casino

PayPal casinos are highly sought after, for the obvious reason that PayPal is very popular and convenient for allsorts of online transactions. Deposits and withdrawals with a PayPal casino are instant, and there’s an extra layer of security as your PayPal transactions are monitored for any abnormalactivities. Since it’s accepted by so many online merchants, it makes it easy to use the money in your PayPal account for all sorts of purchases – this means that if you make an online casinowithdrawal, you can use your winnings to make a different PayPal purchase without having to request a withdrawal to your credit card and pay the fees associated with it!

The disadvantage of using PayPal as a casino payment method relates to the fact that not so many online casinos are offering this option, although this is changing slowly. LeoVegas CasinoCanada is one such PayPal casino, and it's also a casino which we don't hesitate to recommend for slot and table game players due to its attractive bonuses and promotions.

iDebit casino transactions

Extremely popular in Canada, iDebit is a digital wallet connected directly to a bank account, which means that youdon’t need to use a credit card to fund your casino account! iDebit is actually the same company behind Instadebit, and the two work almost exactly in the same way, except for one maindifference: while Instadebit will require you to fund your account first, then transfer the funds to the online casino, with iDebit this can be done instantly using your bank account. When itcomes to withdrawals, these are exactly the same.

Advantages of using an iDebit casino include the fact that it’s secure, quick and financial and personal details are not shared with the online casino. However, there’s a fee of C$1.50when your money is taken directly from your bank account and C$2.00 when you transfer the money from your iDebit to your bank account.

Online casinos that accept iDebit

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Canadian Online Casinos That Use Paypal Cards

EcoPayz

EcoPayz is also a global e-wallet which also offers virtual and physical prepaid cards. With EcoPayz, you can either make deposits directly via your ecoAccount, oryou can order an ecoCard to enjoy faster transactions. You can use an EcoPayz account to transfer money to online casinos who support this payment option, although you have to firstuse your wallet. You can do this by funding your EcoAccount with a credit card, direct bank transfer (takes up to 4 days), an ecoVoucher or even using Instadebit, iDebit or Instant Banking.

EcoPayz allows you to withdraw your funds to a bank account via bank wire transfer. Alternatively, you can spend your winnings using the ECO Webcard, which provides you with a MasterCard numberthat you can use to make online purchases from your Ecopayz account.

One of the main advantages of ecoPayz/ecoCard is that it’s got one of the best security measures as all ecoPayz servers are encrypted and the company is fully compliant with the Payment CardIndustry standards. What’s more, it is completely free to get an ecoPayz account! What's more, there's a huge choice of Canadian casinos that accept Ecopayz, which means that you can use thise-wallet for multiple operators.

Canadian Online Casinos That Use Paypal Transaction

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Skrill and Neteller

You'll see many online Canadian casinos advertising Skrill and Neteller as payment methods. These e-wallets are very popular with casino players all around the world, and are a standard paymentmethod. However, Canadians should note that it is not possible for them to use these e-wallets at present, and the situation isn't likely to change anytime soon due to certain legal obstacles.Luckily, iDebit, Ecopayz and MuchBetter are great alternatives for Canadian players you are after instant deposits and withdrawals.

Prepaid Cards

Prepaid cards are a convenient option for those gamblers who would like something that’s completely disconnected from their bank account. These cards are purchased from different retailers andtopped up with any amount. One other advantage of Prepaid Cards is that they limit your spending and may prevent you from developing excessive gambling behavior, since if the money in your cardruns out, it’s not as easy to deposit again than if you were using a credit card or e-wallet!

Paysafecard casinos

Paysafecard is by far the most popular prepaid cards that’s sold throughout Canada and accepted at most Canadian online casinos. The disadvantage? Well, you can’t withdraw toyour Paysafecard, which means you’d still need a bank account and/or e-wallet for your online casino withdrawals.

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Ecocard

The ecoCard is a convenient prepaid card that EcoPayz account holders can order. This card is linked directly to your ecoAccount, and you can also use it in physical shops andto withdraw money from cash machines. The advantages of using an ecoCard at online casinos is that you don’t have to provide your personal or financial data as you deposit online or via yourmobile phone.

Online casino winnings that are withdrawn via EcoPayz can also be transferred back into your EcoCard and reused at many online retailers in 45 different currencies.

Mobile Casino payment methods

It comes as no surprise that some providers are catering to the growing demand for mobile payment solutions these days. E-wallets like PayPal already have their mobile apps, allowing forsmoother payments via your phone, but there are also other mobile-focused payment solutions around. The best option for Canadian players at the moment seems to be MuchBetter, which is a mobilee-wallet app.

MuchBetter

The list of casinos accepting payments through MuchBetter is increasing as we speak. MuchBetter is an app-based payment service developed specifically for online gambling.It requires you to download the app via App Store or Google Play and register for your account. Players will need to provide a form of identification before their account isapproved for deposits and withdrawals. Then, they can top up their MuchBetter account via their bank or with a credit or debit card.

The advantages of using MuchBetter for your online casino payments is the fact that withdrawals are processed instantly in real-time, and fees are low. What's more, MuchBetter has also got arewards system that you can constantly benefit from: Every time you deposit $100 or more, you will get rewards points, and every week your points are entered into a prize draw, givingyou the chance to win $100 back!

Casinos in Canada accepting MuchBetter

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Crypto casino payments

Last but not least, the number of crypto casinos in Canada is also growing, as operators are becoming aware of the potential of cryptocurrency as a great alternative to traditional paymentmethods. Cryptocurrencies provide players with a high level of security, instant transactions, and additional privacy. What's more, there is no central authority regulating cryptocurrencies,which does away with a lot of red tape. Players would simply need to buy or win the currency and use their crypto wallet to fund their casino account.

The most famous cryptocurrency is of course, Bitcoin, but there are others that make use of the bitcoin platform and that are becoming widely accepted, with Litecoin being one of them. You canfind more information about how to use Bitcoin at online casinos here. Some casinos, such asUnikrn, have also got their own specific cryptocurrency.

Canadian Online Casinos That Use Paypal Instantly

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Is it safe to deposit with an online casino?

Canadian players can rest assured that it is safe to deposit money with a licensed online casino, such as the ones we recommend on this page, even if these are licensed offshore.Sometimes, casinos may ask for ID verification to ensure that it is really you requesting an online casino withdrawal (especially if it’s a large amount you’re withdrawing), and this isjust one of the measures taken by the best Canadian online casinos to ensure that players’ money is secure. Online casinos also make use of 128-bit encryption for transactions, which means thateach transaction (both deposits and withdrawals) is encrypted, making it very hard for third parties to hack your financial data.

If you’re still concerned whether or not the casino you intend to deposit with is secure, we suggest you hang out at Canada Casino and join one of the brands we recommend on our website. We doall the research to make sure that we only promote those online casinos that are licensed by authoritative bodies, most of which have been operating successfully in several markets for manyyears.

Enjoy the security and flexibility you deserve!

The above are the most common online casino payment methods available for Canadian players, although in this digital age of ours, there are more and more payment solutions that are making theirway online, giving consumers more choice, freedom and flexibility.

Of course, an online casino has to support your preferred payment provider before you can make use of it to deposit and withdraw funds. However, the best Canadian online casinos will enable youto conduct your transactions using many of the providers we mentioned above, which means that the situation for Canadian players is quite good!