PayPal is one of the oldest online payment processing operators that grew internationally and has always been online casino friendly. This is why many gamblers wonder if they can use PayPal for deposits and withdrawals when they gamble. This overview reveals everything you need to know about PayPal.
9/10
Perfect
19+ Gambling is addictive. Play responsibly.
9/10
Perfect
19+ Gambling is addictive. Play responsibly.
8.9/10
Perfect
This casino doesn’t allow players from Ontario.
19+ Gambling is addictive. Play responsibly.
8.8/10
Perfect
19+ Gambling is addictive. Play responsibly.
8.7/10
Perfect
This casino doesn’t allow players from Ontario.
19+ Gambling is addictive. Play responsibly.
7.6/10
Perfect
This casino doesn’t allow players from Ontario.
19+ Gambling is addictive. Play responsibly.
7.6/10
Perfect
This casino doesn’t allow players from Ontario.
19+ Gambling is addictive. Play responsibly.
7.6/10
Perfect
This casino doesn’t allow players from Ontario.
19+ Gambling is addictive. Play responsibly.
Currently, PayPal does not allow real money payments to and from online casinos for the majority of Canadian gamblers. This is a comparatively recent rule, and the situation may change for some Canadian provinces that upgrade their online gambling legislation. Meanwhile, you may choose one of the alternative payment methods for online gambling that are available in Canada.
Opting for the right PayPal casino is the most challenging task: the one that protects your data, has decent and entertaining offers, and pays your winnings to you.
Choosing an online casino by default only because it has PayPal among its banking options is not wise, because some casinos are not entertaining enough, or have disadvantageous conditions. If you want to learn how to research, explore, and evaluate online casinos without anyone’s help, please check out our detailed guide on this.
Or, you can take advantage of this table and choose one or more sites for real money gambling from it. We have chosen these casinos according to a strict list of criteria, and each site is reliable and offers a high-quality service.
PayPal is a safe payment system with powerful anti-fraud protection, so the process of signup is fast but you have to be ready to provide all the necessary information correctly and upload documents for verification if needed. If you fail the first stage of verification or provide incorrect data, it will be hard to proceed.
Now, here is the step-by-step instruction:
If your account is checked and verified, you are free to continue, top on your balance, connect bank cards, etc.
At the time of writing, the minimum transaction sum is around $10, and this is usually the smallest withdrawal possible at most online casinos. While the PayPal casinos in Canada usually don’t charge any fees for transactions, Pay Pal does.
When you purchase anything online, there is usually no fee for you as a customer of a merchant. If you receive money as a “donation”, the standard fee applied by PayPal is 3,49% + $0.49 per transaction.
If the transaction is international or suggests currency exchange, additional fees are applied, depending on the country and currency involved. The fees may vary from 0.8% to 1%. Currency conversions have a 4% fee applied.
PayPal usually allows making payments to casinos in most Canadian provinces, but the catch is that due to many comparatively recent reforms in local legislation, online casinos started removing PayPal from their lists of payment methods. Also, some sites allow depositing with PayPal but do not allow withdrawing, so these are the things to keep in mind.
To send money to a casino PayPal with deposit, follow the next steps:
If your preferred casino allows withdrawals to PayPal, and you have enough money to cash out, follow the next steps:
Pay Pal applies some ultimate data security measures to protect its customers and its customers’ money. However, one of the main aspects of security that Pay Pal addresses is the legitimacy of payments. The service denies transactions in jurisdictions where it is legally prohibited.
So, in case you see an online casino PayPal, and it accepts you, it is either fully legal, or it is actually fully illegal. To tell the one from the other, check other aspects that are the indicators of legality for an online casino.
If you are a Canadian gambler, you have to be aware that the majority of online casinos will not accept your deposit via Pay Pal, and won’t allow you to withdraw to your Pay Pal account, because Pay Pal has limited its operations to Canadian gamblers. Today, casinos accepting PayPal are rare.
PayPal operates in over 180. PayPal has been on the market for over 15 years now; it is reputable and legal. Yet, exactly due to the fact that it is reputable and legal, it limits or allows certain services in certain countries depending on the local legislation.
For example, in many countries, PayPal is available for general payments, but depositing and withdrawing from an online casino via PayPal is impossible. However, when this is actually possible, this payment processing service offers a bunch of advantages.
Pros:
Cons:
At the time of writing this overview, most Canadian provinces do not expect online gamblers to pay taxes on what they win in online casinos, regardless of the payment method used, especially if the casino operates offshore. However, that rule can quickly change.
If the casino is legal, playing for real money must be safe there, with PayPal or other services. PayPal is definitely safe, but not all casinos are. If you are worried about your personal data security, check whether the casino uses SSL encryption for its incoming and outcoming data.
This is a good question because some Canadian provinces do not allow PayPal for gambling, some provinces do not allow foreign online casinos, and PayPal itself does not allow transactions for gambling in many jurisdictions. If you are not sure, please check those three aspects separately for your province.
Almost any casino with PayPal offers the so-called Demo mode, also called Play For Fun Mode or Practice Mode. It allows playing games without risking your own cash. The drawback is that you can’t win real cash either.
Look what Canadian casino PayPal offers a No Deposit Bonus promotion. Such promotion is usually available to new customers. No Deposit means you do not need to risk your own cash for wagering, but you can win real cash.
Pay Pal allows using cryptocurrencies for payments so it depends more on the casino. If the casino of your preference also allows cryptocurrencies, you are good to go.
