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:
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.
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.
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.
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.
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!