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PayPal Casinos

PayPal is one of the first e-wallets and is definitely one of the most popular methods of online payment. It’s available in many countries around the world, making transactions possible worldwide. That’s why many online casinos introduced PayPal to their standard offer of deposit and withdrawal methods. If you want to learn about the best PayPal casinos and find out how to make deposits and withdrawals using this payment method, you’re on the right page.

Casinos accepting paypal

How to deposit using PayPal

If you want to load your casino balance with money, PayPal is definitely one of the most convenient ways to do it. Here’s a step-by-step explanation of how to do that. We’ll assume that you already have a PayPal account.

  1. Select a PayPal casino: pick one of the casinos that accept PayPal and are available to Canadian players.
  2. Open an account: find the Sign-Up or Register button, which is usually located somewhere at the top of the screen and click on it. You’ll have to enter your name, last name, username, password, email, and other personal info requested by the casino.
  1. Go to the Cashier section : find the Banking page and pick Deposit as an option. Select PayPal as a preferred payment method (always ensure to check the casino has an SSL certificate)
  2. Enter the amount & deposit: you’ll have to enter the amount of money you want to deposit. A PayPal window will pop up, and you’ll have to log in and confirm your deposit from the PayPal app.

Read more about payment methods

Tips for using PayPal

Even though PayPal is one of the safest options out there, it’s still a good idea to take some necessary steps to make your transactions even more secure and better. Let’s take a look at the essential tips & tricks for using PayPal if you’re an online casino player.

Always turn on 2FA

2FA stands for 2-factor authentication, and it means that you’ll have to authenticate your login process using email and password. For example, PayPal can send a code to your mobile device that you can type in whenever you log in in order to confirm that it’s indeed you who accesses the account. That way, you lower the risk of being hacked and having your PayPal balance stolen.

keep sensitive PayPal info to yourself

This one goes without saying. Don’t give your PayPal password or anything other related to this payment method. Moreover, make sure not to leave your credentials on suspicious sites. Remember this: no legit casino will ever ask you for a PayPal password — that’s a thing only you should know. It might also make sense to change your password from time to time.

Check Paypal Subscriptions

Sometimes, when you have a recurring payment, it will be considered a subscription, and PayPal will automatically renew it (monthly, annually, etc.). Many people forget about these subscriptions,  so the payment gets renewed every time for nothing. Therefore, make sure to navigate to the subscriptions page on PayPal and cancel any ongoing subscriptions.

pay attention to paypal fees

It’s no secret that PayPal is one of the most expensive e-wallets out there (and e-wallets are costly compared to the majority of payment methods). However, the fees depend on many things, including the country you’re in and the type of payment. Please check your PayPal fees before making your first online casino deposit .

Advantages and disadvantages of Paypal

As with any type of payment method, pros and cons are expected. Here are the main ones to keep in mind:

Advantages of PayPal

  1. It’s one of the fastest methods — PayPal is synonymous with fast. As soon as you make an online casino deposit, you should be able to see the funds arrive at your casino balance.
  2. It’s convenient — Once you get into the swing of things, making transactions via PayPal will be as easy as ABC. In most online casinos, you only have to connect your PayPal account once, and every subsequent time you want to make a deposit or withdraw your funds, it will be pretty convenient.
  3. It’s very secure — PayPal protects its users well. It has been around for a long time, and there were no serious security breaches. Still, it’s up to you to do your best not to fall victim to phishing, fraud, identity theft, and similar crimes. .

Disadvantages of PayPal

  1. It’s pricey — PayPal will charge a decent fee to your transactions which can sometimes be up to 5%. However, you need to check that before making your first deposit.
  2. It’s not accepted in all casinos — Even though it’s one of the most popular payment options, it’s still not accepted in many online casinos, so you have to find the ones that accept it to use it for deposits & withdrawals. If the casino of your choice doesn’t feature PayPal, you’ll have to select another payment method.
  3. The verification process is difficult — If you’re opening an account on PayPal for the first time, you’ll have to undergo the verification process, which could take a bit of your time.

Payment alternatives to PayPal

PayPal is an e-wallet, so the best payment alternatives you can use for online casinos are other e-wallets. But using other popular payment options might be an even better idea. The good news is that Canada is one of the countries where the majority of popular payment methods are available. If you want to use some of them, make sure to pay attention to their overall security, availability in casinos, limits, fees, and more. We also covered some of the following options in our reviews as well. Here’s the list:

  • Skrill: formerly known as Moneybookers, Skrill is often considered the first alternative to PayPal, as it’s also an e-wallet.
  • Neteller: another great e-wallet option that is owned by the same company as Skrill.
  • ecoPayz: It offers instant processing, and it’s convenient to use. ecoPayz became available in 2013 to Canadians.
  • iDebit: One of the newest e-wallets, which is based in Canada.
  • InstaDebit: It’s focused on the Canadian and US market, making it pretty convenient for casino deposits.
  • Interac: Another Canada-focused option that many casino players use due to no conversion charges as all transactions are in CAD.

Read more about Neteller

FAQs
Is PayPal a safe option for casinos?
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What are the minimum and maximum transaction limits on PayPal?
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Can I get a bonus if I deposit with PayPal?
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Does PayPal support Canadian dollars?
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Is PayPal a better option than credit cards?
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