PayPal Casino: the safest payment method to play online casino
Created in the early 2000s, the
payment method PayPal
is now used all over the world. A real alternative to credit card and checkbook, PayPal was one of the first
payment methods
so-called alternatives to be massively
accepted by online casinos
. But how
using PayPal at an online casino
? Is there a
canadian online casino with PayPal
as a deposit or withdrawal method? How to withdraw winnings using PayPal? Thanks to this article, you will know everything you need to know about how PayPal works on your favorite virtual casino.
Summary
- 1 TOP Casinos to deposit your money with PayPal Casino
- 2 Historical point: PayPal Canada Casino
- 3 How do I use PayPal at an online casino?
- 4 What are the fees to bear when using PayPal on a virtual casino?
- 5 The best casinos accepting Paypal
- 6 Paypal Casino: Pros and Cons
- 7 Depositing or withdrawing money on Canadian online casino with paypal, is it secure?
- 8 Paypal Casino bonuses at Online Casinos
- 9 Does this payment method limit access to casino games?
- 10 Our opinion on PayPal as a payment method on a casino
- 11 FAQ
TOP Casinos to deposit your money with PayPal Casino
Historical point: PayPal Canada Casino
Paypal is an American electronic wallets and payments company, created in 1998 under the name Confinity and which merged in 2000 with X.com , another e-wallet company founded by the famous Elon Musk. The company is a pioneer in currency transfer services. During the rise of the internet, it was necessary to find a way to make financial transactions more fluid, traditional banks were not at all up to date on the subject. Paypal quickly gained momentum and went public in 2002. A few months later, Paypal is bought by eBay for $1.5 billion. eBay wants to make it its unique electronic payment method, to facilitate transactions on its e-commerce platform. In 2015, the company separated from eBay and became independent again. She is now the first payment platform alternative to the traditional banks of the world. It is a very versatile payment method, which is one of the variants preferred by bettors and 100% secure. It also allows you to send your money to more than 190 countries. The account is linked to your credit card and functions as a parallel bank account.
How do I use PayPal at an online casino?
Like any other electronic wallet, PayPal is used at an online casino to deposit money into a player account as well as to withdraw the winnings collected. In order to ensure that your future casino gaming site accepts this payment method, we recommend that you select it from our payment table best online casinos accepting PayPal .
Do I have to follow a specific procedure to use PayPal at online casinos?
The procedure for depositing money into your player account and withdrawing winnings work in the same way, all payment methods combined. Only the deadlines and any restrictions vary from one payment method to another. In addition, use PayPal at an online casino is generally considered one of the fastest payment methods.
How to use this payment method of American origin?
Before crediting your player account or requesting the payment of your winnings by PayPal , you must make sure that this payment method is accepted by the chosen site. If in doubt, trust our selection of best casinos with PayPal .
PayPal for the deposit
Directly from the "bank" or "cashier" area of your player account, select the PayPal deposit method . Then choose the amount you want to credit for betting your own money on the roulette, blackjack, poker, slots tables as on any other online casino game. Remember: playing for real money involves risks. If you are afraid of exceeding your limits, get support in a responsible gambling approach from the online casino concerned as well as from dedicated associations.
PayPal for withdrawal
Again, you can completely choose to disbursing your winnings by PayPal from an online casino, from the moment it accepts this payment method. The payment of winnings in PayPal on a virtual casino credits your PayPal account, minus certain fees that the online casino is free to set. Positive point: like any so-called "alternative" payment, the PayPal transaction is usually quickly taken into account. If in doubt, check the PayPal terms and conditions of use on your online casino.
What are the fees to bear when using PayPal on a virtual casino?
Unfortunately, every innovative solution has its flip side. With regard to PayPal, we deplore the fees applied for each payment on a PayPal account (unless you go through a personal payment, which is impossible at an online casino). That being said, faced with the practicality of using PayPal on a virtual casino (as in many other types of transactions), the few fees applied remain reasonable.
Is there a fee for the deposit?
When you make a deposit of money to your online casino player account, the latter has no interest in charging for this transaction. From the moment the online casino accepts PayPal as a deposit method, we did not notice the application of special fees. However, if you notice them, we strongly recommend that you change your online casino, in favor of one present in our comparison table of the best casinos with PayPal .
Is there a fee for withdrawal?
Let's get along well: casinos applying fees to withdrawals of winnings by PayPal remain rare. But (because there always has to be a but...) the general use of PayPal is, for its part, subject to processing fees. Variable all year round, these fees are currently around 3% but can change at any time. Concretely, if you unlock $ 100 in winnings and you want to be paid by PayPal, you will receive about $ 97. In other words, a withdrawal of winnings by PayPal causes fees, but not necessarily because of the online casino (even if some unscrupulous sites take advantage of this payment method to add “processing fees”).
The best casinos accepting Paypal
At the beginning of the era of online casinos, it was easy to find platforms that accepted deposits to their casinos via Paypal. It should be understood that the digital presence of banks is something relatively recent. One of the only ways in the 2000s to make financial transactions quickly was through
electronic wallets
like Paypal for casinos. From the acquisition of Paypal by Ebay, the e-commerce company began to
prohibit the use of Paypal for the casino
and the financing of gambling in general. These limitations have led to an almost complete absence of Paypal in casinos and financial transactions other than those intended for eBay. Casinos have therefore abandoned Paypal and turned to other means of payment. In 2010 due to the crisis that eBay is experiencing,
Paypal opens again
to other platforms. Casinos are starting to accept Paypal as a payment method again.
Along with the opening of Paypal to casinos, the
Canada creates
the National Authority for the Regulation of Online Games
(ARJEL)
in 2010. It issues the compulsory operating licenses for Canada and imposes draconian conditions to be able to obtain them. Among its objectives, the fight against money laundering. Paypal being suspected of promoting this kind of practice,
the forbidden ARJEL
purely and simply for casinos to offer Paypal as a means of payment. This means that the Canadian will not find any online casino that will allow them to deposit money with their Paypal account. The same casinos will offer it in other countries (United Kingdom, Italy or Belgium), but not in Canada.
Paypal Casino: Pros and Cons
The main disadvantage as we have explained, is that it is
impossible
to use this payment method on online casinos in Canada. If you live in another European country, on the other hand, or if you have the opportunity to open an online casino account from abroad, Paypal offers many advantages. In addition, you will need to make a bank transfer of a few cents to validate your Paypal account and therefore enter your bank details.
Even if the
transaction fees
withdrawals can sometimes be high (these fees are mainly set up by casinos when withdrawing via Paypal to encourage you not to withdraw your winnings), Paypal offers a
high level of security
transaction. They are the best in the world in this field. The Paypal account can also be
connected to your bank account
, to your credit or debit cards. It is therefore very easy to fund your casino account via Paypal or to make transfers. It can also be used as an additional financial account. Thus, you will be able to
separating your bank accounts
which are used to pay for your lifestyle and the Paypal account for the casino. Finally, both deposits and withdrawals are
instant
and so you will be able to avoid the waiting times imposed by the traditional banking system when you win the jackpot and want to get your winnings back. In addition, the customer support is really efficient and if you encounter a problem with your real money withdrawals, they will be quickly resolved.
Depositing or withdrawing money on Canadian online casino with paypal, is it secure?
PayPal is one of the many payment methods considered secure, that is to say that its electronic wallet operation limits the risks of exceeding the threshold when you play for money. In addition, you receive a
email to each PayPal transaction
, on an online casino or elsewhere. If you are not the originator of this transaction, you can immediately contact the
PayPal customer service
to make an opposition.
Nevertheless, we can only recommend that you select a
canadian online casino with PayPal
(like an international casino) secure, in other words that encrypts its data with a complex encryption. Never use your
PayPal account
in plain sight and do not communicate your personal identifiers. In case of doubt, the PayPal customer service is reachable on a wide time slot.
Paypal Casino bonuses at Online Casinos
It is possible to take advantage of Paypal among the various payment methods of casinos, if you reside in a country whose market is not regulated. We strongly advise you not to try to circumvent the Canadian regulations and the ARJEL. However, be aware that if you open accounts on platforms such as Bwin or Bet365, you will be able to take advantage of payment by Paypal. Some of these sites offer casino bonuses Paypal when making your deposits, up to 15%. Paypal casino bonuses are a good way to easily earn cash, so it's worth taking advantage of them.
Does this payment method limit access to casino games?
On the contrary! Thanks to a deposit money by PayPal on your player account, you can even benefit from deposit bonus , depending on the period or the chosen online casino. Our ranking of the best casinos with PayPal allows you to benefit from special offers, boosting your playing time! In addition, it must be noted that the processing times of a transaction by PayPal are very fast (a few hours in general, or even immediate for some online casinos).
Our opinion on PayPal as a payment method on a casino
PayPal has largely conquered the hearts of online casino players, for its simplicitý , its speed́ and his reliabilitý . Unless you voluntarily request it, it is not possible to exceed your wagering limits by eagerness with PayPal. Finally, the PayPal account will allow you to deposit money or withdraw winnings on a Canadian and international online casino, but it can also be used on a daily basis for other transactions. Play safely and enjoy the adrenaline of online casino games with our selection of the best casinos with PayPal !
Here are the payment solutions that we think are the most suitable for making your money deposits and winnings withdrawals at a casino :
