Canadian Casinos That Accept Paypal

4/10/2022by admin

Find a Top PayPal™ Casino 2021 - We list the best online casinos accepting PayPal. A safe & secure deposit method. Plus get up to £€$1,500 FREE bonuses! Since PayPal enjoys an excellent reputation, you can rest assured that all reputable new casino sites in Canada accept them. These include the likes of 32Red, Jackpot City and many others. Numerous casinos offer Canadian players a range of benefits, including superb casino.

PayPal is a popular way for Canadians to send and receive money safely and securely. It is used to pay bills, make internet purchases, and to send money to family and friends at little or no cost.

The payment method has a core product that operates like an eWallet, parking funds between your financial institution and merchants or friends. However, is it accepted at online casinos?

Contrary to what other websites may tell you, PayPal is NOT accepted by online casinos in Canada.

If you really want to use PayPal then there is one hack you could use in conjunction with cryptocurrency which we will explain later in this article.

Why isn’t PayPal accepted at Online Casinos?

Canadian casinos that accept paypal card

PayPal is simply too “American” to be used by Canadians directly for online deposits and withdrawals at most overseas gambling sites.

The company stopped processing US online casino deposits shortly after the recklessly misused UIGEA of 2006 went into effect. Slowly but surely they also began restricting the use of the method for other “gray area” jurisdictions where online gambling law is ambiguous.

Of course, in Canada, it is neither illegal nor specifically legal for residents to gamble offshore and that is about as gray as you can get. A similar but murkier situation has existed in the US since the UIGEA with Justice Departments under different administrations interpreting the legal landscape differently.

We’ll spare the gory details of how Neteller founders John Lefebvre and Stephen Lawrence were charged by US authorities for money laundering, even though internet gambling (other than sports) has never been illegal there and the founders had no active role in the company when they were arrested causing the company to lose more than 60% of its business overnight.

PayPal operates on the side of caution, so it’s not hard to imagine why we can no longer deposit and withdraw with PayPal directly except in a transient fashion – when a gaming site gets creative and lets us use it… until they feel the heat.

Old PayPal Tricks That Used to Work

It’s true that for quite a while, players were able to fund their accounts with secondary PayPal products such as PayPal Cash and PayPal Business Debit Mastercards. However, in 2018, the company announced it was pulling these ‘workarounds’ from the Canadian market and as of now, they are only available for US PayPal accounts.

What About PayPal Digital Gift Cards?

Again, these are only available via PayPal US, eBay US, and Facebook Marketplace which only allows regional access.

Here’s the final bit of bad news for PayPal account holders in Canada who want to gamble with their own funds parked in the PayPal eWallet product…

Don’t count on it if you prefer to play at overseas casinos! However, provincial sites will accept PayPal deposits and payout to your bank in about 4 business days.

The company has placed so many roadblocks in your way that it’s simply easier to use another method to fund your casino accounts.

That’s not to say it is impossible and it is certainly worth asking a support representative if they have any “special ways” for you to do it, but alternate methods seem to come and go when they appear at all.

PayPal Hack – Use it in conjunction with Cryptocurrency

There are few holes the company has been slow to patch, and we will show you here one way to use PayPal surreptitiously as a withdrawal method at overseas casinos serving Canadian players!

Please note:This may change over time but has held true for long enough to consider it a viable method.

There is one caveat, however. You’ll need to transact with the casino using cryptocurrency on Coinbase. Other exchanges may offer the service but we are still unaware of any that do.

While we can no longer purchase BTC or other digital currencies with a Canadian bank account or credit card. It is still possible to use a debit card to buy coins.

  • Purchase BTC with a Canadian debit card
  • Deposit digital currency from Coinbase into your favorite online Canadian casino account
  • Win and cash out funds to Coinbase
  • INSTANTLY “sell” the coins to yourself at PayPal
  • Spend the money online or withdraw the money to your Canadian bank account. It will arrive within one business day, sooner if early in the day, later if after 7:00 PM ET or on weekends or holidays

Was the good news worth waiting for? We hope so!

Alternatives to PayPal

We tirelessly scour the payment industry and offshore casino websites online for safe and secure ways Canadians can deposit and withdraw.

Some methods allow only deposits, and others (PayPal) only allow withdrawals. Some, like the top four on our list, will work for money going into and coming out of overseas casino sites. All should work for provincial lottery monopoly casinos like PlayNow, etc.

Simply click the link to learn more about each method and to find Canadian casinos that welcome and accept your patronage using the particular facility or device.

  • iDebit – Deposit and withdraw between your bank and casino with this instant funding gateway
  • Interac– You know about Interac. Step by step guides for Interac Online and Interac e-Transfer casino banking
  • EcoPayz– A true eWallet for Canadian online gamblers
  • InstaDebit– Similar to iDebit, a direct bank transfer method
  • VISA– Debit cards have a higher deposit success rate than credit cards. However, payouts can only be done to a depositing credit card. Use Visa debit to fund other methods
  • Citadel– Instant banking for deposits at a select few casinos
  • eCheck– Deposit using an electronic check. Sports Interaction and a few others accept this automated clearing house (ACH) method, but deposits are not instant
  • Paysafecard– Pick up almost anywhere, deposits only for Canada
  • Entropay– No longer a viable method for deposits or withdrawals
  • Neosurf– A bright spot in the payment landscape. Learn how to fund online and how to use it as a withdrawal method
  • InPay– Danish processor who transacts in the local currency, saving conversion fees
  • Vanilla Prepaid– This method works at a few casinos. If you see it listed as a deposit method, be sure to ascertain whether your card can be used for international transactions – not all can

Canadian PayPal Casinos Conclusion

As a stand-alone product, the PayPal eWallet is next to useless for Canadian gamblers these days. It is very difficult to locate a reputable operator who will process your transaction using PayPal.

That’s not to say it is impossible, just highly unlikely.

We currently find PayPal’s best use to be a quick (instant) way to convert Bitcoin into CAD. Parking all or part of your winnings in your Coinbase CAD wallet takes the funds out of the volatile marketplace with immediate access to trading if you want to gamble in the market with it.

However, considering the amount of hoops you have to jump through just to gamble online, you’re better off using an alternative payment option.

Today’s PayPal casinos are giving Canadian players the possibility to use the world’s biggest e-wallet as a payment method for their deposits and withdrawals. With more than 227 million accounts worldwide, PayPal is surely the number one alternative payment option in the world. And with more than 5.5 millions Canadian holders, it’s no wonder that there is an increasing number of Canadian casino sites that accept PayPal. Our exclusive guide will illustrate in detail all the advantages offered by a PayPal casino, such as:

  • Extra safe transactions;
  • Mobile payments;
  • Dedicated PayPal slots and games.

PayPal Casinos

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Canadian Casinos That Accept Paypal Transaction

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What Is PayPal

PayPal was founded in 1998 as a pioneering payment solution that the world came to know as e-wallet. After being acquired by Ebay in 2002, PayPal has grown to become a powerhouse in the world of online payment platforms, with well over 200 million users worldwide. And while some people still use wire transfers or credit/debit cards to play online, PayPal is one of those casino payment methods that are quickly gaining popularity.

But how big is PayPal, really? Just so you can have an idea, almost 20% of all e-commerce transactions worldwide are cleared via PayPal. The online gambling industry is no stranger to that number, given that PayPal online casinos in Canada and worldwide attract tons of new players on a daily basis. Let’s take a look at the main advantages of playing at a PayPal casino to know why.

Pro’s of PayPal Casino Sites

There are numerous reasons for you to pick an operator from our list of casino sites that accept PayPal.

  • First and foremost, it’s cheaper than for example, bank transfers or credit card payments where you are charged extra costs and commissions for your transactions;
  • It’s also much faster to deposit or withdraw your casino funds using PayPal. Many PayPal online casinos in Canada process withdrawals instantly!
  • PayPal casino sites offer the safest payments around. All transactions are monitored 24/7 to prevent against phishing, identity theft and fraud.
  • You will not be asked to share your credit card details with the PayPal casino operator you want to play at. Just use your PayPal credentials and you are good to go!
  • You can manage your PayPal account directly from your casino apps for additional control over your bankroll and gaming habits.

PayPal has been around for almost 20 years, and it is tested and tried by millions of people worldwide. Your account details are protected much better than if you used your card number, and PayPal’s built-in buyer protection includes dispute and arbitration functions. That means that using PayPal will protect you from being scammed or ripped off!

Cons Of PayPal Casinos

Using PayPal to play online casinos has no real disadvantage, but there might be a few hiccups along the way that you probably would like to know about:

  • The first one is the amount of time needed to link your credit card or bank account to your PayPal account. The maximum waiting time is 6 working days, with 2-3 days being the norm. Also, this is a one-and-done thing so once done, it will be smooth sailing.
  • It takes a few days for the initial verification of your card on behalf of PayPal, which is a bit slow compared to other e-wallets.
  • Moving funds from your PayPal account to your bank account can occasionally take some time.

Why Not All Casinos Accept PayPal

If you browse the majority of casino lists for Canadian players, you will notice that not all online casinos accept PayPal as a payment method. This is due mainly to Another thing is that not all Canadian online casinos accept PayPal as a payment method. The reason for this is that PayPal’s own guidelines and business rules of conduct regarding partnerships.

  • When it comes to the online casino industry, due to the nature of the business itself, PayPal upholds ultra strict quality assurance guidelines when associating themselves with a given gambling operator.
  • There are specific obligations and due diligence procedures that PayPal must comply with before the terms for a partnership are established, which is also another reason why PayPal only works with a limited number of select casinos.
  • There are specific reasons why PayPal may reject a gambling operator. These include lack or license or possession of a licence from a ‘loosely’ regulated country, local regulations (for the casino operator) and so forth.

At the end of the day, for Canadian players there is only one thing that really matters. When you see a PayPal casino, you can rest assured that you are looking at an operator that is safe, trustworthy and fully enforces fair gaming!

Deposits And Withdrawals At A PayPal Casino

Thanks to PayPal casinos, Canada players can execute their financial transactions fast and seamlessly. As you have already read, using PayPal at online casinos comes with numerous advantages. Now, let’s take a closer look at how you can deposit and withdraw funds into your casino account by using PayPal.

How to Deposit

Using PayPal for your casino deposits and withdrawals is really easy. The first thing you need to do is of course, choose a Canadian casino that accepts PayPal from our dedicate list at the top of this page. Once you register your new casino account, you are ready to make your first deposit with PayPal.

  1. Log in to your casino account, go to your ‘bank’ section and pick PayPal as a preferred payment method;
  2. Select your preferred amount to deposit and click ‘Confirm’ on the dialog window;
  3. You will be asked to enter your PayPal credentials to link your account;
  4. Confirm and click on the ‘Pay’ button.

Done! Your funds will be transferred to your gaming account instantly.

Hot to Withdraw

Withdrawing funds from your casino account using PayPal is just as easy. Just make sure you follow these steps the first time and you will have no issues at all!

  1. Enter your casino account and reach the banking section;
  2. Again, select PayPal as preferred method (some operators require that you use the same payment method for deposits and withdrawals);
  3. Enter the amount you want to withdraw;
  4. The funds will be transferred to your PayPal account – how much time it will take depends mainly on the operator’s side.

Play PayPal Slots and Games

Another advantage to PayPal Canada casinos is that you will be able to play unique games and pay with your favorite e-wallet. When you sign up to one of the many online casinos that accept PayPal, you will be able to play any game in their catalog while using PayPal for your deposit and withdrawals. PayPal slots in particular are a big thing among Canadian casino players as they offer several advantages:

  • Speed: with PayPal slots, your financial transactions will be faster than with most of the other casino payment methods -this means you will be able to play and win earlier than normal;
  • Bonus availability: many operators will not make it possible for you to claim a welcome bonus when depositing with specific payment methods. PayPal is never affected by these restrictions so deposit with confidence and start playing;
  • Game selection: at PayPal casinos, you will find all the games you always wanted to play, including of course the latest slot machines as well as all the classics.

PayPal Tax in Canada

It’s important to understand the wagering requirements before you begin PayPal gambling. Those requirements vary from casino to casino, and they depend on the type of the bonus. To put it simply, the wagering requirements usually specify an amount of money you have to wager before you are able to withdraw your winnings. The best place to look for that information is casino’s Terms and Conditions.

Additionally, the Canadian Federal Court issued a court order to PayPal, allowing the Canada Revenue Agency to collect payment data from PayPal. So, if you withdraw your winnings to your PayPal account, you should know that it’s a taxable income. Luckily, in Canada, you can even pay your taxes using PayPal!

Summary for PayPal Casino Players

Now that we have shared with you everything that we know about PayPal Gambling and best casinos that accept PayPal, it’s up to you to make a decision. There are some great pros of using PayPal for your favourite online casino deposits, but as we have seen, there are some cons as well. So whatever you decide, to go on and make a PayPal account, or to stick to the classic payment methods, one thing is for sure – there are many amazing Canadian live casinos waiting for you!

Canadian Casinos That Accept Paypal Debit Cards

PAYPAL Casinos: FAQ

  • Where Do I Sign Up For A PayPal Account?

    Before you can gamble at Canadian online casinos that accept PayPal, you got to create an account. The registration at www.paypal.com is easy and it takes just a few minutes of your time. If you are registering from Canada, your account will be set with CAD as your primary currency, but if you want, you can add as many additional currencies as you want. And if you end up being short on your primary currency, PayPal also has a useful Currency Exchange feature.

  • Are there any Hidden Costs of Using PayPal for Online Gambling?

    If you want to play online casino with PayPal, you might be thinking about potential costs. One of the best features of using PayPal as your payment method is that, save for the currency conversion rates and cross-border payment, there are no additional fees involved. The best way to save some more money is to find a casino that accepts the Canadian dollar (CAD) as a payment currency. That way you don’t have to pay for the conversion, and you will be left with some spare cash that you can use to play your favourite game!

  • Is Depositing and Withdrawing Funds via PayPal Safe?

    PayPal employees do their best in order to keep your data safe. They are a large company with hundreds of millions of clients worldwide, and they take your security seriously. You just have to be careful when choosing a casino. As long as you gamble on trusted online casinos that accept PayPal, your personal information and your money will be safe. And in case that you are scammed or ripped off, PayPal has a built-in buyer protection including dispute and arbitration functions.

  • Are There Any Restrictions for Using PayPal?

    Unfortunately, there are still some countries which don’t allow for PayPal to be used for gambling withdrawal and deposits. The list of the countries whose laws prohibit that kind of use includes United States, Australia and several other. And, sadly, Canada is one of those countries. We hope that the legislation will be changed and that Canadian players will be able to use their accounts in online casinos that accept PayPal. Still, Canadian casino-goers can use their PayPal accounts and transfer money to other payment systems – so, there is still an indirect way to use PayPal for gambling deposits.

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Canadian Casinos That Accept Paypal Account

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