PayPal Casino – What Is It?
However, there is some good news for our fellow Canadian gamblers. In the past few years, online casinos have emerged for Canadians that are embracing PayPal as their choice of payment method!
PayPal is a name familiar to everybody who has been using it to make financial transactions. Typically, the PayPal account is linked to your credit or debit card to make purchases online and to send or receive money in a secure way. The system started back in 1998 and currently holds a user base of 200 million!
Canadian gamblers can get the most out of this online money-transferring system. Any bookmaker or casino that accepts PayPal allows their players to make deposits and withdraw money easily.
There are a number of reasons behind gamblers in Canada choosing PayPal over other e-wallets available. It provides outstanding security, can be used on your mobile phone, payments are fast and secure, and there is no processing fee.
Besides, PayPal casinos rarely encounter payment issues from customers because the platform is of high quality.
Casinos Accepting PayPal in Canada
Due to the law stating that PayPal won’t coordinate with gambling websites situated in Canada, local gamblers are required to open accounts with other accepted e-wallet systems. Now, an individual has several e-wallet accounts to manage, which can be a hassle.
However, some clever online casinos that are registered with gambling authorities of other countries allow PayPal services for their beloved Canadian players. If you are new to this idea, you will love what we have to say in the upcoming sections of this article. Read it calmly, though!
Casino Days is one of the best PayPal online casinos that many Canadian gamblers are familiar with. Like many reliable PayPal casinos in Canada, Casino Days also believes in a hassle-free payment system for its players.
For that reason, the casino only incorporates the best payment methods that are trustworthy, reliable, and secure. Although there are other payment methods available on Casino Day’s platform for deposit bonuses and withdrawals, PayPal is its number one choice!
However, Casino Days is not the only best PayPal casino in Canada. There are others, such as Jackpot City, Spin Casino, Casino Friday, and 888Casino.
Jackpot City is also one of the best PayPal casinos out there and doesn’t score less in any functionality in comparison to Casino Days. Not only does it accept PayPal deposits, but it also offers a range of entertaining games and bonuses to its players.
Some casinos Canada like Spin Casino, are registered in other countries. Therefore, making it possible for them to accept PayPal deposits. Don’t just appreciate the payment methods accepted by this casino; gawk at the range of games and promotions at its disposal!
New PayPal Gambling Sites
Countless gambling sites have taken over the Internet these days, but how many are from Canada, really? It is hard to tell because most online casinos and bookmakers are registered in other countries.
Having said that, Canadian gamblers can look forward to upcoming gambling sites that host a bunch of thrilling games and are also acknowledging PayPal transactions. To discover more about these new online casinos, read the section below.
Conquer Casino is a fairly new PayPal online casino in Canada. The games provided by this PayPal casino are proven fair, and they can be played on mobile without lags. On top of that, the live chat supplied by the new PayPal casino is superb. The players also get a self-exclusion period when their gambling habits become overwhelming!
Even though it may be one of the online casinos that accept deposits on PayPal, we can’t say the same for withdrawals. On the bright side, the deposits take only 24 hours to process, which is faster than bank transfers and bank cards!
Apart from Conquer Casino, other PayPal casinos online that are still new in the Canadian region are Skol Casino, Miami Dice, and Spin Station. If you are looking for a fresh platform to start your gambling journey in, Skol casino can fulfil your wish! Check out its games, bonuses, and other features for a fresh new start!
Don’t just focus on the PayPal casino bonuses, but also explore the wide range of exciting games Miami Dice has to offer. The games are meticulously organised in the options, so you won’t have trouble finding your favourites from last time!
Casino PayPal Deposit
The first step is to find the right PayPal casinos and check out their terms and conditions for clarity. Make sure you look at how they distribute their bonuses, how you can claim them, and most importantly, the wagering requirements. Usually, you are required to make a certain deposit to claim your winnings plus the casino bonuses with PayPal.
If the terms and conditions of depositing in the online casino are favourable to you, go ahead, and sign up with the casino. Play a few rounds of casino games with the welcome bonus, then proceed to wager more.
To make deposits, go to the cashier of the online PayPal casino sites. Choose PayPal as the preferred method for depositing. Now, follow the instructions provided by the system to enter your credentials to log into PayPal, and then enter the amount of deposit.
Finalise by reviewing the transactions and confirming. It may take from 10 mins to 24 hours for the deposit to be processed. You will be notified of the amount of time that the transaction may take.
While everything looks dandy so far, a few limitations still exist. Some online casinos that accept PayPal may impose a limitation on the amount that can be deposited per day or week. This rule may get in the way of your wanting to play a little bit longer on the casino platform!
Casino PayPal Withdrawal
The withdrawal process with PayPal casinos online is quite the same as the deposit method. However, you have to be careful about the wagering requirements of the casinos that accept PayPal.
The wagering requirements can differ between different casinos. As such, if you don’t meet the criteria set out by them, you will lose all your winnings from your casino account!
Provided that you have met the wagering requirements, you can proceed with withdrawing your winnings from the PayPal casinos online. All you have to do is go to the casino cashier and select withdrawal and your mode of payment.
You may be required to enter your credentials for PayPal and log in. Then, enter the amount you want to withdraw, and follow the instructions displayed on the screen.
In a while, the system will update you about when you may receive your money in your PayPal account. Mark that day on your calendar before you forget!
Sometimes online casinos accepting PayPal imposes a limit on the amount of money you can withdraw per day or week. Since it varies from casino to casino, read the terms and conditions of the casino you are logged into before deciding to withdraw from them.
Advantages and Disadvantages
The advantages and disadvantages of the incredible online payment platform, PayPal is summarised below:
- Security: Paypal is a very secure way to transfer money which is essential to assure gamblers do not lose their winnings. A built-in anti-fraud system prevents money laundering and cybercrime. The platform also provides buyer guarantees and data security.
- Fast Transactions: Paypal is a very fast way to transfer money and gamblers do not face the need to wait any extra time for depositing and withdrawing. Transactions are carried out quickly regardless of the fund amount.
- No Annual Fees: It doesn’t charge the users annual fees, which makes sense if you use it only for gambling purposes.
- Convenience: Paypal is basically a very convenient way to make payments and receive money, which facilitates focusing mostly on gaming but not on payment issues.
- Currencies Diversity: A wide range of currencies is supported which makes gambling possible for players from different countries.
- Low Currency Conversion: It only costs 3% of the fund, which allows gamblers to save part of their wins.
- Potential Account Limits: If you use PayPal for online gambling purposes, your account could be subject to limits that restrict how much money you can send or receive.
- No Anonymity: You can’t carry out transactions anonymously while a lot of gamblers would like to. It is compulsory to have a bank account to withdraw money from PayPal.
- May Not Be Available: Not all online casinos accept Paypal as a payment method. Paypal may not be available in some countries.
Extra Fees: Paypal may charge fees for some transactions; these fees can add up, and they can eat into your winnings.