What is a PayPal casino?
PayPal is one of the most secure, reliable ways of dealing with your payments, deposits and withdrawals online. It only makes sense to go with a PayPal casino. It’s such an easy platform to use both on desktop and mobile. You can deposit the funds you want to play with and you’ll be playing before you know it. PayPal therefore isn’t just for shopping on eBay anymore! It’s for winning jackpots and earning lucrative real money casino bonuses. One major benefit of using PayPal to handle your funds is that they won’t bury you in fees. You’re looking to make money, not lose it. You don’t want to go broke before you even place a bet!
Online real money casinos that accept PayPal
If you already have a PayPal account, that’s great news. It’s so widely used around the world that there are a seemingly endless amount of Canadian online casinos that accept real money and PayPal. PayPal has been around for over twenty years now, so it’s got a solid reputation for being very secure and completely trusted. You want to play slots, not worry about something happening to your money before you place it on the table. You can use a PayPal casino and comfortably rake in the big bucks because you know that your money is in safe hands.
Play slots with PayPal deposits in Canada
PayPal is such a widely used form of payment in that you have a lot of options when it comes to online casinos that accept PayPal. You can be sure you’ll find the specific game that you want to play, whatever it is. Slots, poker, blackjack, roulette; you name it. There will be a PayPal casino that offers it and we’ll show you the best ones.
New mobile PayPal casinos with fast withdrawals
Not only do many new casinos offer PayPal payments, but also fast and quick withdrawals with the same payment option. This means that you can make both your deposits and payouts instantly. New casinos also tend to be mobile friendly and give you generous welcome bonuses if you are a new member. That is why we too recommend you to try out new gambling websites with PayPal withdrawals to collect bonuses.
How we rank the best PayPal casinos in Canada
Indeed, there is a myriad of banking options you will find out there. Some are best, while others will not meet your expectations. It is not a big deal that you will come across these best and worse payment options in Canadian casinos. One of these options is PayPal. Of course, PayPal is one of the widely used payment options, especially in gambling. Now, your worry should be about finding the best PayPal casinos in Canada. Well, we use strict metrics to rank the top ranked in Canada. They include the following.
- License and regulations – Before recommending any PayPal casino to you, we first look at the licenses. Moreover, we consider whether the relevant authorities regulate the casinos or not. The best PayPal casino should have all these in place.
- Safety and security – The rule of thumb is that any best casino should ensure your safety and security. Specifically, the casino should have the latest SSL technology. In addition to this, there should be a strong firewall to prevent third parties such as hackers.
- Trustworthy and reputation – For you to trust any PayPal casino in Canada, the games must be fair. Furthermore, the reputation of the casino matters a lot. As a result, our casinos on our list provide fair games and have a positive reputation.
- Number and variety of games – Then, we don’t want you to have unlimited games in any casinos. To this end, we rank our PayPal casinos based on the number of games you will get. Again, the games must be decent.
- User experience (app) – The experience you will get at any PayPal casino in Canada will determine your future there. In other words, you should be in a position to make deposits via the app. Also, you should comfortably request a withdrawal via the app. The ultimate result is that you will get a world-class experience.
- Bonuses and promotions – Most of the PayPal casinos on our list have decent bonuses and promotions for you. These include a welcome bonus for new customers and other promotions for existing customers. As a result, we consider them to be the best.
- Loyalty program (VP-program) – Canadian PayPal casinos that reward your loyalty are worth giving a try. For, instance the casinos may offer you reload bonuses or comp points. If you are up for them, you can choose one from our list.
- Customer service – After making payment via PayPal, you need to do the follow-up. This is only possible if there is a dedicated and professional support team. If any PayPal casino has all these, then consider it to be the best.
Of course, there must be a reason why PayPal has global recognition. In fact, most individuals and businesses use it on a daily basis. Well, PayPal comes in handy with a lot of benefits. Specifically, you will get the following benefits after making it your banking options.
- The method is fast – With PayPal, you don’t have to worry about how to make a quick deposit. In most Canadian casinos, making a deposit via PayPal is instant. On the other hand, withdrawal via PayPal is also instant. In case of delays, it will take less than 24 hours.
- You can use the app – Paypal has a world-class experience. This is because you can deposit or withdraw using a mobile app.
- No transaction fee – The purpose of betting is to make a profit and not spend more. Depositing and withdrawing via PayPal will cost you nothing. You can confirm this with the casinos on our list.
- It is more secure – Another benefit that you will always enjoy while using PayPal is the security of your money. In fact, it is one of the most secure options out there.
- It is simple to use – Well, you don’t have to worry about the technicality of PayPal. To be precise, you can use the service even if you have never used it before.
Like any other option, PayPal is not a hundred percent perfect. It has a downside part of it. However, the bad things about PayPal are not many, but it is good you note them. They include the following.
- Limitation of accounts – In some cases, PayPal will limit your account without any good reason. As a result, you won't be able to deposit or withdraw via the method.
- You must first deposit to PayPal – For you to use PayPal, you must first fund it either from a bank or any other acceptable method. This is because its only an e-wallet platform.
- It may not be available in some countries – Although PayPal has global recognition, you may not use it while in some countries.
- Weak customer support – In the case of account issues, we can confirm to you that it will take time to get it solved. For instance, verification of an account may take more than 48 hours.
How to set up a PayPal account
Placing a bet in Canadian PayPal casinos is only one step away. But before that, you need to deposit via PayPal. Still, you must have a PayPal account in order to deposit or withdraw money with it. This should not worry you since you can set up an account using the following simple steps.
- Go to the PayPal website, www.paypal.com, and click on the sign-up button.
- Since you are an individual, select a personal account.
- Enter personal details such as name, email, and also set a password. After this, click “Next” button.
- Enter your phone number and mailing address. Also, you must tick the terms and conditions. Click on “Agree” button.
- You will get a verification link sent to your email. Click the link to verify your account.
- At this point, your account is ready to use. You can fund it and start your betting journey.
Paypal first launched in 1992. During this time, the company started as security software for devices such as handheld devices. However, the company didn’t perform well. As a result, the company changed its core business. Precisely, the company focused on digital wallets. In 1999, the company launched its first version of the electronic payment system. At this time, PayPal was known as Confinity, and it merged with x.com in 2000. The company was renamed to PayPal in2001 when x.com terminated other banking businesses to focus on PayPal.
In 2002, eBay acquired PayPal for a whopping $1.5 billion. In fact, 70% of eBay auctions used PayPal as their default payment option. As a way of enhancing security support, PayPal acquired VeriSign in 2005. In 2007, PayPal had already made a global reach, and it partnered with Mastercard. In the following year, PayPal acquired two companies, namely, Fraud Sciences and Bill Me Later. By 2010, PayPal had more than 100 million users across the world. Since then, the company has acquired many other companies, with the latest being Honey. It acquired this company for $4 billion in 2020, making it the largest acquisition. Still, the company has signed a deal with NBC Universal.
Paypal casinos summary
Paypal is arguably one of the best payment options you will ever find out there. Besides, many Canadian casinos have adopted the method as one of their payment options. So, as a punter, you will enjoy all the benefits that come with PayPal. These include fast, secure, safe, and flexible transactions. Still, PayPal casinos are many in Canada, meaning that you have varieties to choose from. If you would love to have a taste of the fun, you can select a PayPal casino on our list. We have thoroughly scrutinized them, and we can assure you they are the best.