Paypal Online Casinos For Canadian Players
Do you find casino banking confusing mate? Relax. I am here to help you with one of the banking methods that online casinos offer—Paypal.
Paypal is an online payment processing service that has been around for ages. Though safe, secure, trusted, and popular, many online casinos do not accept Paypal for reasons I will explain later. First, let us talk about choosing a Paypal online casino.
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Why I Recommend Paypal Online Casinos
You should be extra careful about signing up at online casinos as online gambling is unregulated in Canada. The only option available to you is signing up at online casinos licensed in offshore jurisdictions. There are many rogue casinos out there that pretend to be licensed and reputable just to separate you from your hard-earned money.
So stay safe and stick to the online casinos I recommend. I consider many factors such as games, software, bonus offers, licensing, ownership, and others before recommending a casino. And I never recommend online casinos I have not played at.
Now, I would like to make the following disclaimer:
Even if an online casino offers Paypal as a payment method, you cannot use Paypal to deposit. You may sign up at a Paypal online casino, but it will hide this method from you.
That’s why I strongly recommend Bitcoin for Canadian players. It is safe, reliable, fast, and affordable, allowing you to deposit and withdraw without revealing your financial details.
Why Canadian Online Casinos Do Not Offer Paypal
Paypal was launched for online businesses, to make it easier for business owners to receive payments for products and services online. Despite its popularity at shopping sites such as Amazon and eBay, not many online casinos offer Paypal because of its strict policies regarding gambling.
Online casino operators have to satisfy two major requirements before offering Paypal as a payment method.
- They should receive Paypal’s approval to use its services.
- They and their customers should be located in jurisdictions that have legalized and regulated online gambling.
While an Canada friendly Paypal casino may not list Paypal as an accepted payment method for its Canadian customers, it may make Paypal available on request. So I suggest contacting the online casino’s customer support and asking them if they accept Paypal. In most cases, the online casino may not accept Paypal deposits, but it may allow you to withdraw your winnings to your Paypal account on request.
Usually, Paypal online casinos accepting Canadian players offer banking methods that are not associated with strict policies. Bitcoin is and will continue to be a popular payment method at Canadian online casinos, which is why I encourage you to try Bitcoin.
Alternative Payment Methods - How Canadian Players Can Deposit and Withdraw
If Paypal is out of the question for Canadian players, how will you deposit and withdraw at online casinos? Here are a few options to consider:
Visa & MasterCard: Although you can successfully deposit with Visa & MasterCard credit and debit cards, you may not be able to withdraw your winnings to your card. In such cases, you have to withdraw your winnings through bank transfer. Although safe and reliable, the processing time for bank transfer may be anywhere from 3 – 7 days. Also, bank transfer withdrawals are charged.
Neosurf: Neosurf is similar to Paysafecard. You can purchase Neosurf vouchers over the counter and use them to deposit at online casinos. However, you cannot use Neosurf as a withdrawal option.
POLi: POLi is a leading online payment system in Canada, allowing you to transfer funds from your online banking account to providers of products and services. It’s secure and free of charge. POLi is available as a casino deposit and withdrawal method.
Bank Transfer: Canadian online casinos usually offer bank transfer as a withdrawal option. As I already mentioned above, you can withdraw your winnings through bank transfer if you are unable to do so through your Visa or MasterCard credit/debit card.
Bitcoin: In my opinion, Bitcoin is the best casino payment option for Canadians. Once you get the hang of it, depositing and withdrawing with Bitcoin is very easy. Moreover, Bitcoin is based on a system that makes it secure, reliable, and affordable.
You can use Bitcoin without revealing your financial details to the online casino. Account verification also becomes unnecessary when you choose Bitcoin as your payment method. Since Bitcoin is not under the control of any government or bank, online casinos can use it without worrying about compliance issues.
Paypal Online Casinos - Generous Bonuses and Great Online Slots
By now, you must have understood that an online casino needs to be licensed before it can partner with Paypal. So Paypal online casinos are the best in the industry. You can expect some big bonus offers with easy-to-understand terms.
And it’s not just bonus offers. Paypal online casinos also offer great slots from well-known providers. They don’t even force you to register and deposit before you can play. You can play for free without registering as long as you wish.
Here, I would like to add a word about Bitcoin online casinos. Top-rated Bitcoin online casinos offer special bitcoin bonuses to players who deposit with Bitcoin. This is an added benefit if you choose Bitcoin as your preferred payment method.
Paypal Online Casinos for Canadian Players - FAQs
What is Paypal and how does it work?
Paypal is a simple, fast, and secure way of receiving and sending funds online. You only need an email address to send money to someone through Paypal.
To use Paypal, you have to first create an account at Paypal and register your bank account or credit card on the service. Then, you can use the recipient’s email address to transfer money to their Paypal account. The recipient can transfer the funds to their bank account.
Can I deposit with Paypal on mobile devices?
Since several mobile casinos accept Paypal, you can easily deposit money on the move. You can use Paypal on your smartphone or tablet just as you use it on your desktop computer. Around 58% of smartphone owners use Paypal to make payments.
Can I use Paypal to withdraw my winnings?
Withdrawing winnings through Paypal is just as easy as depositing with Paypal. However, Paypal is not available for withdrawals at all online casinos. If you sign up at an online casino that accepts Paypal as a withdrawal option, follow these steps to withdraw your winnings:
- Verify your account details and navigate to the casino cashier.
- Choose Paypal as your preferred withdrawal method.
- Enter the amount you want to withdraw and any other required detail.
- When your winnings appear in your Paypal account, you can withdraw them to your bank account.
Why is Paypal not available to Canadian online casino players?
Paypal is available only in gambling jurisdictions that have granted an operating license to the online casino. For example, online casinos licensed in the UK can legally accept Paypal deposits from players residing in the UK, but not in any other country.
As far as online gambling is concerned, Canada is a grey jurisdiction. It does not license or authorize any operator to offer online gambling services within its borders. If you are an online casino player living in Canada, you have to sign up and play at an online casino licensed in offshore jurisdictions.
Since you do not live in a country that has licensed the online casino, it cannot accept Paypal deposits from you.
Why is Bitcoin a great alternative to Paypal?
Bitcoin is cryptocurrency and digital payment system that is not under the control of any bank, government, or financial institution. This leaves online casinos free to accept Bitcoin deposits even from players residing in countries that have not legalized online gambling.
Bitcoin transactions are fast, highly affordable, and anonymous. You can use Bitcoin to deposit money without sharing your financial details with the online casinos.
Is there any possibility of Paypal being available as a casino payment method in the future?
Although I cannot say for sure, Paypal may be available as a casino payment method in Canada in the future. But this will happen only if the government of Canada legalizes and regulates its online casino gaming industry.
Which is the best online casino for Canadian players?
I cannot declare any casino as the best one for Canadian players because it depends on what you want. The best online casino for you is the one that offers your favourite online casino games, offers great bonuses that are easy for you to clear, and helps you whenever you need it.
I invite you to read my exhaustive reviews of all the Canadian online casinos I recommend and to choose one that best suits your requirements.