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Today, most people around the world use advanced payment methods for online transactions. From online purchases to investments and casinos, we use a variety of online methods to make a purchase such as credit cards, e-wallets, and bank transfers. One of the most popular e-wallets today is PayPal, having 300 million users worldwide. In Canada alone, 6.6 million Canadians are active users of PayPal. It’s no surprise PayPal casinos are so popular among punters. In this article, we look into its benefits in online casinos.
If you are thinking of using PayPal online casino sites, you have to trust only the most reputable ones with licenses. PayPal casinos must be licensed by a regulatory organisation such as the Malta Gaming Authority, the UK Gambling Commission, and the Alcohol and Gaming Commission of Ontario.
Playing with regulated online casinos ensures your money is safe and your personal data won’t easily be compromised. From hundreds of online casinos available worldwide, we have gathered only the most trusted sites you should try.
How do PayPal Casinos Work?
Should you choose to play with PayPal casinos, you need to make a verified PayPal account first. Head to Paypal.com and sign up, which leads you to two options: Personal account and Business account.
Personal accounts are normally used for individual use like shopping and sending money, whereas Business accounts are needed for those who own a business. From PayPal’s website, you can check their policies on transaction fees to know how much you are charged for each transaction.
PayPal will ask for your bank details such as debit card and credit card to be used for payments and withdrawals. Once you have a PayPal account, you can now choose a reputable casino site from our list above to play your favourite casino games.
SignUp & Deposit at PayPal Casinos
On the casino website, look for the register or sign up button. Then, enter your details such as your name, email, and preferred payment method.
Once you verify your account and make a deposit, you can collect your welcome bonus package and start playing. Most PayPal casinos are accessible via laptops, smartphones, and tablets, so you can play whichever is most convenient for you.
To make your first deposit, you’ll need to register your PayPal account. Then, go to the payment section of the site, which can be called cashier, banking, or account. Select deposit and PayPal as the payment method.
Next, enter the desired amount of deposit. Generally, most online casinos require a minimum deposit of C$10 and a maximum deposit of C$10,000.
After selecting PayPal as the payment method, a pop-up window will appear where you’ll enter your log-in details. Once your details are confirmed, the money is deposited from your PayPal account to your casino account.
E-wallets like PayPal usually don’t have transaction fees and the deposit is transferred instantly. In summary, here are the steps to make a deposit:
First, log in to your account at a trusted online casino and look for the cashier section.
Next, select deposit and choose PayPal as your payment method where a pop-up window will appear to log into your PayPal account.
Then, enter the desired amount of deposit and click confirm. All you need to do is wait for the deposit to be transferred into your casino account.
Safety Is Paramount At PayPal Casinos
PayPal is one of the safest and most preferred payment methods around the world. It is highly secure with its end-to-end encryption and two-factor authentication. It encrypts all transactions via secure sockets layer (SSL) technology and 128-bit encryption.
Moreover, Paypal makes use of a single online vault system rather than multiple vaults, making it much safer. It follows the security protocols of the Payment Card Industry Data Security Standard (PCI DSS) for secure transactions and protection against online fraud.
No matter how high-tech PayPal’s security is, you can still be vulnerable to scams like phishing, hacking, and theft. Thus, it is always recommended to enable two-factor authentication and use a very strong password. Moreover, make it a practice to always change your password every now and then.
Not convinced of PayPal’s security levels? Just look at these figures:
You know you can trust PayPal based on their achievements, too:
Even though PayPal is considered to be secure, it is still important to be vigilant in choosing the best PayPal casinos. These casinos must be licensed and have positive reviews from their members.
One of the main features to look for is excellent customer service. Whatever issues you may face with payments and withdrawals, it will be dealt with fast. As statistics show, 70% of customers would spend their money with online casinos with great customer service.
Pros And Cons
Should you decide to play with PayPal casinos, you should weigh the pros and cons first to help you decide if you will use this payment method or not.
Despite the disadvantages of PayPal casinos, the advantages still outweigh them. Some of the disadvantages can simply be ignored and just focus on the advantages such as security, the topmost priority.
After all, millions of PayPal users won’t make an account with PayPal if the service was not trustworthy.
Alternative Payment Methods
If PayPal is not available for some reason, you can try making an account with other similar e-wallet services like Skrill, Ecopayz, and Neteller.
Sign Up at PayPal Casinos
To start playing with PayPal casinos, create a PayPal account and make sure to put some funds in it. Do some research on responsible gaming and learn some terms used in casinos to help familiarise yourself with the casino website.
Once you earn your desired amount of winnings, you can try to withdraw them into your PayPal account. However, keep in mind PayPal casinos require you to undergo a verification process for security purposes before you can withdraw the amount. Moreover, follow the casino’s wagering requirements so your winnings won’t be forfeited if you don’t.
Check our list of trusted online casinos to make sure you are in good hands.
Click register or sign up to create an account.
Register your name, payment details, and email.
Make your first initial deposit and claim your bonuses.
Select your favourite casino game and start playing.
Licensing and Regulations
Licensing And Regulation At Canadian PayPal Casinos
We live in a society filled with laws and regulations to keep things in order. If it weren’t for regulations, there won’t be any standards to follow. How can players trust a casino site? How can we know if they are legitimate?
It’s simple – they have a license. That is why online casinos must be registered to make sure everything is fair and safe for players and casino owners, especially when making PayPal or bank transfers.
To know if the casino has a license, just go to their About page and look for the terms licensed or regulated. You can also find their registration details at the bottom of their website.
PayPal casinos are registered by reputable gaming authorities, depending on the country they are operating. For instance, casinos operating in Malta need to have a license from the Malta Gaming Authority (MGA). Other gaming authorities are the Alcohol and Gaming Commission of Ontario and the Gibraltar Betting and Gaming Association (GBGA). Without these licenses, you are prone to be a victim of a scam or fraudulent activities.
Licensed and regulated PayPal casinos offer Canadian players:
Frequently Asked Questions
Frequently Asked Questions about PayPal Casinos
It depends on your wants and needs in terms of speed, accessibility, and convenience. If you want your deposit and withdrawal transactions to process fast, then PayPal is a much better option than bank transfers. Bank transfers usually take three to five days to be processed. Moreover, PayPal has lesser fees and is sometimes free, depending on the policy of the casino.
PayPal casinos are usually allowed as long as they are approved by PayPal. If the casino is not approved, you may not be able to use PayPal in sending and receiving payments related to casino gaming. If the casino is not approved by PayPal, you won’t be able to use it in making wagers or withdrawing your winnings. It also depends on your country of residence, whether casino gaming is legal or not. If casinos are banned in your country, PayPal prohibits transactions related to casino games like table games, blackjack or roulette.
Yes. There are several PayPal online casino sites in Canada that use this payment method with ease. As long as you have a verified PayPal account and have enough funds to make a deposit, then you can start playing with your favourite online casino in Canada. Remember, check the site if it is licensed by appropriate gaming authorities. You can always check our list to help you save time from searching reputable casino sites.
Yes, PayPal casinos usually allow your winnings to be withdrawn and transferred to your PayPal account.
To create an account with PayPal, go to Paypal.com and select either a Personal or Business account. You’ll need to describe the type of individual you are and enter your mobile number. PayPal will send a confirmation code to the mobile number you provided and go straight to the signup page. Enter your name, address, and the bank details you wish to connect with PayPal. Additional documents such as identification documents will be asked from you for security purposes.
Deposits made via PayPal are usually fast with just a few clicks compared to bank transfers that may take hours or days. Once you place a minimum deposit of C$10 and go through a verification process, you can expect the amount to reflect in your casino account. You can immediately start playing once you have enough funds.
Although we say PayPal transactions are instant, withdrawals may take 24 hours for them to arrive in your account since there is a verification process to be followed. PayPal casinos usually verify if you were able to follow their wagering requirement and that you are actually the one withdrawing the amount and not a hacker.
Yes. Paypal casinos are available on almost all devices that have a browser and internet. Most casinos make sure that they are accessible anytime and anywhere. Thus, their platform is usually updated and compatible with any device. It can be used on either Android or iOS devices.
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