paypal casino ico

There’s no doubt that the online gambling industry is becoming more popular in Canada. These online casinos accept a variety of payment methods, including PayPal. In this article, we’ll be looking at different options for PayPal Casino Canada to give you a much better idea of what to expect. To help you choose the best option for the greatest experience, we’ll outline the pros and cons of playing at Canadian online casinos that accept PayPal.
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We’ll additionally provide you with some alternative payment options that you can use at an internet casino. Now, without any further ado, let’s get started.

Best Online Casinos That Accept PayPal in March 2024

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CasinoHEX Canada is an independent review service that aims to provide you with a detailed examination of leading Canadian gambling sites. Featured sites are led by our partners who contribute to our business, so CasinoHEX Canada gets its income through the commissions. Users are not charged by CasinoHEX Canada. Commissions that we receive for marketing brands do not affect the gaming experience of a User. However, CasinoHEX Canada provides only unbiased reviews, all sites selected meet our rigorous standard for professionalism.

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What Is a PayPal?

🚩 Founded: 1998
🗒 Parent organization: eBay
💭 Customer support: +1 (877) 569-1116

PayPal is one of the world’s most popular and practical online payment methods. It’s safe and secure which is why it’s a favored choice among gamblers. With this payment method, Canadian players can deposit money and withdraw it easily on online casinos that accept PayPal.

tip
Tip

The basic principle is incredibly simple. After signing up with a new account, players can link their card or bank account to their PayPal account. That way, the next time they want to deposit or withdraw money from PayPal Casinos Canada, they don’t need to use their actual banking information.

As it uses PayPal information when making the actual transactions, players don’t have to worry about their bank account name and number getting leaked.

How to Use PayPal for Online Casinos in Canada

Before we talk about how to use it, let’s talk a bit about real money online casinos that accept PayPal first. How does our team come up with the PayPal online casinos? The CasinoHEX team follows a strict list of criteria when reviewing websites to ensure players in Canada can have the best experience.

You can follow these criteria if you ever want to judge one yourself. Just keep an eye out for the following things:

Now that you know how to choose the best Canadian online casinos, let’s see how you can use PayPal there.

attention
Remember!

It’s important to remember that there are some limitations against using PayPal on gambling sites. As a Canadian, you should always check the terms of the gambling operator first to see if you’re allowed to use it or not.

If it appears that you’re permitted to use it, you’ll need to create a new account first. Here are the steps you’ll need to take to create a new PayPal account.

  1. Visit the PayPal website to start creating a new account.
  2. Click on Sign Up to register as a new user. Choose the “Personal Account” option to use on an online casino site that accepts PayPal.
  3. Now you need to set up your credentials. Start by entering an email and creating a strong password. Take care not to share the password with anyone else.
  4. Fill out your personal information. Ensure that you’re entering your legal name, address, and phone number. Agree to the terms and conditions to complete the registration procedure.
  5. All you need to do is link a bank, credit, or debit card with your PayPal account and you’ll be good to go.

Right after completing this process, you can use PayPal to play in casinos that accept it.

PayPal Mobile Casino Sites and Apps in Canada

Mobile Casinos are becoming increasingly popular in the industry, and they are a very convenient way of gambling online. As well as being easier to access and allowing players to play anytime, anywhere, mobile casino sites tend to be easier and quicker to sign up for. As well as this, many casinos are now developing applications that make the experience even more convenient.

Adam Lane
Adam Lane
Content Editor - CasinoHEX
CasinoHEX Expert’s Opinion
You can use PayPal on the desktop or mobile, enjoying the same convenience, speed, and security of payments. Mobile payments with PayPal are even simple if you have an app installed on your phone. Then you can take advantage of the One Touch technology and, as PayPal put it themselves, “spend less time paying and more time playing.”

To pay on mobile:

  1. Install the PayPal app and enable the ‘Stay Logger in for Purchases’ features.
  2. Use the One Touch feature to pay with PayPal without entering your credit card information and without even reaching your wallet.

Pros and Cons of PayPal Casinos

Like any other payment method in online casinos, PayPal has positives and negatives as well. To make the best use of the payment method and make the most of your time on online PayPal casinos, you need to know everything about it.

PayPal Casino Deposit Alternatives

Since there are issues with online casinos that accept PayPal deposits, it’s good to know which alternatives you can use at Microgaming casinos in Canada. Let’s have a look at the different options you can choose from.

eCheck

Electronic checks are a convenient payment method that allows you to enjoy an extra layer of security using traditional bank accounts. Instead of relying on paper checks, eChecks allows you to deposit and withdraw electronically from instant eCheck deposit casinos in Canada.

By encrypting your banking information, eChecks does a good of eliminating the risks of making bank transfers. Although it’s as safe as PayPal casinos, you should always ensure that the operator uses good security measures to be extra safe.

This is also widely accepted by most gambling operators in Canada. However, it’s possible to have exceptions. There are also fees with eChecks, however, unlike other payment methods, they are significantly lower.

Interac

If you can’t find PayPal casinos in Canada, then you should look into sites that support Interac. It’s an electronic payment method that facilitates transfers between bank accounts. There are two main services associated with this transfer method.

The first one is Interac online which is a direct transfer from banks. This can be used for casino deposits as well. There’s also Interac e-Transfer which allows money transfers through text or email.

Interac is popular with Canadians because of its tight security. It processes all transactions through a secure channel. So, when making casino deposits you don’t need to worry about the safety of your bank account’s information. Interac also works with mobile devices. So if you’re on mobile casinos, Interac can be a good payment choice.

INSTADEBIT

If you’re looking for a more localized payment option, then INSTADEBIT might be the way to go. It’s an online payment method that uses bank transfers, perfect for Canadian gamblers. It’s one of the most widely used online payment methods in Canada.

The reason why INSTADEBIT has such a reputation is because of its security. Using this payment method to play online slots with free spins in Canada or blackjack games doesn’t require online gamblers to share their banking information.

If we talk about the transaction times, that’s a strong point of INSTADEBIT as well. The CasinoHEX team is happy to inform you that deposits made with INSTADEBIT have zero downtime. As for withdrawals, that’s entirely dependent on the operator’s processing time for online casino transactions.

Fees are something that you’ll have to deal with if you’re using INSTADEBIT. You might need to pay a small fee when recharging the account or withdrawing money from your account. However, based on the team’s research it’s highly unlikely that the top online casinos will charge you any fees. But there might be a few outliers, so as always check the T&Cs.

INSTADEBIT also comes with a mobile app. So, you can make deposits to claim any deposit bonuses when you’re on the go.

Prepaid Cards

One of the best options to play responsibly is to use prepaid cards. You can spend the money from prepaid cards online or offline at physical stores. The way Canadians can use this on an online casino is similar to how a credit or debit card works.

The only difference is that you need to add money to the prepaid card to use it for games. While many consider this to be a drawback, it’s the exact opposite. Being able to only use the money that you recharge into the card helps players to play responsibly and keep their spending habits.

Prepaid cards have their own account. So you don’t need to link it with your main account keeping your hard-earned money safe and sound. Prepaid cards are also supported on most gambling platforms. You can even find these on the best PayPal online casinos.

Some of the popular prepaid cards used by online casino players are EcoPayz and Paysafecard.

Bitcoin

If none of the fiat payment options work for you, then you can turn your eyes to Bitcoin. You can use the cryptocurrency to enjoy online slots as well as live casino games. It uses blockchain technology to encrypt and secure every single transaction. The high level of security ensures that no one else can have access to your funds without your knowledge.

Transaction times are a thing of the past if you’re using Bitcoin. Both deposits and withdrawals are instant. As it’s a decentralized currency, there’s no middle party in between overseeing the transactions.

However, there are some serious issues with using Bitcoin. The most obvious one you’ll find in any online site is an issue with the bonuses. Most sites don’t support cryptocurrency deposits to claim the casino bonus offers.

Other than not being able to claim the deposit bonus to use on online slots, there are other concerns as well. Bitcoin prices can be volatile creating concerns among players. The change can be quite drastic, so there’s always a fear of the price plummeting creating a huge financial risk for players.

There’s a learning curve with Bitcoin as well. While it might be one of the safest options even on the best PayPal casinos, newcomers need some time to get everything set up.

How to Deposit to Casinos with PayPal

Main PayPal FeaturesDepositing with PayPal will mean you’ll need to stick to some transaction limits. But this will vary between operators as each one has different terms and conditions. In some cases, you might be dealing with a casino with 5$ minimum deposit. In other top online casinos, you might need to deposit a bit more.

As for the fees, deposits don’t require users to pay any fees for online payments to casino sites. Sometimes you might need to pay a fee, but that’s only in cases where you’re converting to another currency.

🇨🇦 Currencies supported: CAD; USD; EUR
💰 Deposit Alternatives: Skrill, Neteller, iDebit, eCheck

If you do happen to find an online PayPal casino in Canada, you’ll want to know how to deposit money to play slots or claim a casino bonus. While it might involve a few more steps than usual, it’s quite simple once you figure things out.

  1. Choose a Casinos with PayPal Deposit. Start by choosing from casinos that accept PayPal in Canada. Find one that’s licensed and offers a safe online gambling experience. Our CasinoHEX team has already reviewed some new casino sites in Canada for recommended PayPal casinos. You can start by looking there.
  2. Log in to your Account. If you’ve chosen an online casino site, the next step is to log in and head over to the Cashier section.
  3. Choose PayPal to Make Deposits. Look through the list of available payment methods and select PayPal. Enter the amount you want to use for the PayPal deposit and proceed to the next step.
  4. Confirm the Payment. When you’ve entered the amount, you’ll be redirected to the PayPal accounts website. Here you’ll need to confirm the payment after logging in with your credentials. Alternatively, you can also use the app on your phone to confirm the transaction as well.
  5. Wait for the Transaction. All that’s left to do is wait for the deposit to go through. It should only take a couple of minutes. Once that’s done you can start to play responsibly on Canadian casinos online.

Withdrawing Winnings with PayPal

💰 Withdrawal limits: $5000 per day
📈 Fee: 3.5% for CAD or USD

Now that you know how to deposit payments online with PayPal, it’s time to talk about withdrawals. For this as well there are withdrawal limits that depend on the operator. You can find out about the limits in the cashier section. You can also find out more about it in Terms and Conditions.

And yes, you’re able to withdraw funds with it. But just to be safe make sure to check if the operator supports online transactions with this payment system. It might take a few days, but given the security it’s worth it. Here’s a breakdown of everything you need to do.

  1. Log into Your Casino Account. To withdraw winnings from our recommended PayPal Casinos, you need to be logged into your account. If you’re not signed in, make sure to do that.
  2. Choose PayPal for Withdrawals. To perform this transfer money online, you need to select it from the Cashier page. Here you can also choose from other payment methods as well.
  3. Enter the Withdrawal Amount. Now you need to enter the amount you want to withdraw. This needs to be in line with the withdrawal limits of the platform.
  4. Confirm the Withdrawal. Once all of the steps are completed, confirm the payment. This will place a withdrawal request under your online casino account. Based on the processing time of the casino, the funds will be transferred to your account.

Safety and Security of Canadian Casinos Using PayPal Payments

PayPal WithdrawalIf you’ve thought about “Is PayPal safe?”, you’re not the first person to do that. Like any other payment system, there have been doubts about using PayPal deposit on an online casino.

The short and simple answer to the question is that it is indeed safe. Here are some reasons why the CasinoHEX thinks so:

  1. Encryption: Just like casinos use SSL encryption, PayPal deposits and withdrawals use that as well. This keeps important information like the login credentials or payment information safe and secure.
  2. 2FA: Users are recommended to use 2FA with their PayPal account as it can help secure their transactions. This requires additional confirmation from the account owner to finish the transaction.
  3. Fraud Monitoring: PayPal uses a constant fraud monitoring system to keep track of transactions and flag anything that seems suspicious.

It should be clear to you by now that it’s safe to play. But what if you wanted to choose from the best PayPal casinos to play the different games? Here are some of the things that make such a website safe for Canadians.

License and Regulation

Casinos that use PayPal need to be licensed and authorized to offer games to players. Since gambling is regulated by the different provinces, PayPal casinos in Canada need to have permission from the proper gambling authority. If it’s an offshore casino site, it should also be licensed by the Curacao Gambling Commission or the MGA.

Safety Features

The website should use SSL encryption. This will keep all of the player’s information (personal and payment information) safe from public view. The best PayPal casinos will also outline their Privacy Policy which states how they plan to use the data.

Payment Security

If we’re talking about security concerns, nothing matters more than payment security even on the best PayPal casinos. As a player, your security is in your own hands. This is why you should look into the safety of the payment gateways used by PayPal casinos in Canada.

Summing Up Gambling with PayPal

It’s clear that PayPal is a safe transaction method for Canadian players and you can also find online casinos accept PayPal if you look for them. But as we’ve mentioned more than once, there are some hurdles to using it in Canada. So, you should always make sure to go through the terms to see if it’s supported or not.

As for the verdict from the CasinoHEX team, you have our complete go-ahead. Most of these casinos are safe if you pay attention to expert reviews and customer testimonials, so make sure to do that.

FAQs

❓ Is PayPal allowed on online casino websites?

As it’s a secure payment system, players can find it on most websites. However, it might not be available everywhere in Canada.

❓ How long do PayPal transactions take?

While it depends from one operator to the next, generally, deposits can take a few minutes and withdrawals can take up to several business days.

❓ Do I get any special PayPal casino bonuses?

It depends on the operator if it provides any special online casino bonuses for using PayPal. You can be sure of it by checking the Promotions page on the website.

❓ Do PayPal online casinos work well as mobile casinos?

Yes, they do. The best PayPal casinos offer great mobile optimization for smooth gameplay. It also works well with the app which also plays a role in the mobile experience.

❓ What are alternative payment options available to Canadian players?

Canadian players can also use bank transfers, debit or credit cards, as well as other e-wallets such as Skrill, eCheck and Neteller.

❓ Does PayPal have instant withdrawals?

Withdrawals to credit and debit cards, as well as withdrawal money to PayPal accounts, are instant. Withdrawals to bank accounts can take up to 24 hours. However, the casino can take some time to verify and approve your withdrawal, so make sure to check the policy of your PayPal online casino.

Author
Adam Lane
Head of Content at CasinoHEX Canada
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Experience:15 years

Adam is an editor at CasinoHEX Canada. He checks dozens of online casinos daily. Adam’s career as a professional gambler started almost 10 years ago.

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Amelia Flynn
Content Manager at CasinoHEX
Experience:8 years

Amelia, a dynamic and knowledgeable Canadian, is the driving force behind the content management team at CasinoHEX Canada. Joining with a singular mission, she aims to guide thousands of gamblers in their quest to discover expert casino reviews, indulge in rewarding pokies, and take advantage of outstanding bonus offers.