PayPal is the most popular payment processor online. Up until recently, they did not work with online casinos. However, over the past couple of years, PayPal has been working with online casinos more and more around the world, to provide a safe deposit and withdrawal platform for real money casino players.
PayPal was not one of the first payment systems online, but it certainly is one of the most popular. PayPal provided a simple way for people to accept payments for their auctions on eBay. In fact, PayPal was so important to the success of eBay, that the company owned it for a short while before it was ‘spun off’.
Originally, PayPal did not want to deal with online casinos. This is because PayPal sees this type of transaction as a riskier transaction. However, they have started to open up their services to several countries that have proper legalized gambling, and Canada is one of them.
Perhaps the main reason why people opt for PayPal to gamble online is due to its simplicity. It is one of the fastest systems around, and you can deposit money into the account using a variety of payment methods e.g. card, bank account, or if somebody sends you money.
The withdrawal should be quite quick too. You will need to check online casinos to see whether they charge a fee for PayPal withdrawals. Most of them should not. In addition to this, PayPal is a trustworthy name. Sure, systems like Skrill and Neteller are going to be safe payment processors, but if you are new to the world of online gambling, then you will more likely have heard of PayPal than those.
Chances are; you already have a PayPal account. If you don’t, then make one. In fact, if you wish to gamble with PayPal online, you don’t even need to have a PayPal account. It does make things a bit easier since it saves your payment information, however.
To check out using PayPal, use the relevant link at the online casino you have selected. How you do this will be dependent on the online casino. You will then be taken to the PayPal website.
If you have an account, then sign in. You can also make an account or check out as a guest. If you are a guest, then your only way to pay will be with a credit or debit card. If you have an account, and you have set it up in the past, then you can deposit using your bank account. The process of checking out is incredibly simple too. Everything should be fairly self-explanatory and it will be just like buying anything online. If you have checked out using eBay in the past, then you will know what to do.
One of the primary reasons players prefer PayPal is its speed. Deposits made through PayPal are typically instant, allowing players to start their gaming sessions without delay. Withdrawals, on the other hand, can vary based on the casino's processing time but are generally swift, often taking between a few hours to a couple of days.
While PayPal itself doesn't impose strict limits, online casinos might have their own set thresholds. Typically, minimum deposits can start as low as $10, with maximums reaching up to several thousand dollars. Withdrawal limits can also vary, but most casinos offer generous amounts, ensuring players can access their winnings conveniently.
If you already possess a PayPal account, the process is straightforward. Simply select the PayPal option at your chosen online casino. You'll be redirected to the PayPal site where you can log in and confirm the transaction. If you don't have an account, you can create one or check out as a guest. The entire process is user-friendly and akin to making any online purchase.
Easy! Just like any other online casino, just make sure that they use PayPal. Here are a couple of tips that the team here at All Canada Casinos uses to track down some awesome places to play: