PayPal Casino – One of the safest and oldest online payments
PayPal has been around since 1998 and was the online payment of choice for millions of customers all over the world.
But with so many other online payment options available, how does PayPal rank? And is it still the safest and most secure option available?
More modern online payment methods, particularly e-wallets, are perhaps more tailored toward customers’ contemporary needs.
So, does PayPal cater to today’s exigencies? And is it the safest payment method to use while playing with an online casino?
In this PayPal Casino review, we’ll go over the pros and cons of using PayPal to deposit and withdraw with an online casino, and we’ll also compare it to other popular payment methods to help you make an informed choice.
Which are the Top 2 PayPal Casinos?
Are you looking for a safe online casino from Canada that offers PayPal? Check out our top 2 online casinos that support this payment method.
If you are looking for more reputable casinos to try out from Canada, we invite you to check out our Canadian online casino reviews.
Why does PayPal work in casinos?
Security, speed and reliability have been key to propelling PayPal as one of the best online payment methods amongst online casinos.
Its functionality to make and receive payments makes it ideal for effecting deposits and withdrawals with an online casino.
The security for which PayPal is known was another advantage that appealed to players, as did the speed of the transactions.
PayPal’s long history as the default online payment solution for many players meant that casinos went the extra mile and added it to their options to give players peace of mind.
Is it safe to pay with my PayPal at a casino?
PayPal is considered one of the safest payment methods for a very good reason! While playing with an online casino, PayPal retains its safety, just as if you were making a normal purchase.
Through PayPal’s two-factor authentication system and the use of SSL encryption technology, you can rest assured that your data is protected through the best GDPR practices.
How to use PayPal at Online Casinos?
Let’s assume you already have a PayPal account with your credit or debit card already linked to it.
During a casino’s registration process, you’ll be asked to select your payment method. Once you choose PayPal from the drop-down menu, you’ll be taken to another page to sign in to your PayPal account.
Once you sign in to PayPal, you can go ahead and place a deposit with the casino. When it is time to withdraw, the casino will transfer your winnings to your PayPal account.
Fees on deposit and withdrawals of PayPal casino
When using PayPal to carry out deposits and withdrawals, be prepared for fees. These fees consist of 2.9% of your total amount and an additional $0.30 for every transaction.
It is also important to remember that online casinos tend to charge their own fees when you affect withdrawals. These can be anything from 2% to 5% of your withdrawable amount.
There are, however, operators who choose not to charge players on withdrawals, but these are hard to come by.
Deposit and withdraw your winnings using PayPal
Linking your PayPal account is relatively straightforward, and so is placing deposits and withdrawals. Below we’ll walk you step by step on how to place a deposit using PayPal and how to withdraw.
PayPal Casino Deposit
- Sign in to your casino account
- Click on your profile, and from the drop-down menu, choose ‘Deposit.’
- PayPal should come up automatically if you’ve already chosen it as your payment method. If not, select it from the drop-down menu and sign in to your PayPal account.
- Insert how much you wish to deposit and click ‘proceed.’
- The funds should appear in your casino account right away.
PayPal Casino Withdrawal
- Click on your profile, and from the drop-down menu, select ‘Withdraw.’
- Choose your PayPal as your payment option, insert the amount and click ‘Request.’
Withdrawals are always made through a request first, as the casino must do due diligence before transferring the money. They might even ask for specific documentation to verify your details.
Once due diligence is complete, the casino will transfer the money, and it should reach your PayPal account in a very short span of time.
What are the Pros and Cons of using PayPal at Online Casinos?
Just like most online payment methods, PayPal comes with a variety of pros but also a handful of cons. Take a look at the pros and cons laid out in the table below.
|Plenty of online casinos offer PayPal||High currency exchange|
|Safe and globally trusted since 1998|
|You can claim a bonus when you deposit with PayPal|
PayPal vs. Other Payment Methods
Check out how PayPal holds up against other payment methods and why you should choose PayPal over other equally popular options.
|Payment in 1 to 3 days||✔||✖||✔||✔|
|Safe online payment||✔||✔||✔||✔|
What if I have any issues using PayPal at Online Casinos?
In case you have any trouble using PayPal at an online casino, we’ve covered some of the most common issues down below.
- I can’t find PayPal among a casino’s payment options.
Not all casinos support PayPal, and if you can’t find it among the options available, the probability is that the casino does not support it.
- I can’t withdraw my winnings.
There are various reasons for not being able to withdraw your winnings. Wagering requirements are one of them. Even if you did not play with a casino bonus, it is worth checking if the casino imposes wagering requirements on deposits. Uncleared wagering terms will stop you from withdrawing your funds.
Another reason might be that you used a different payment method to deposit. For security reasons, casinos require players to use the same payment for both deposits and withdrawals.
- I have not received my winnings in my PayPal account.
If you are waiting on a withdrawal and it has not arrived, it is best to check with customer support to see if the casino credited the funds and, if not, how long before they do.
Do I need more tips before choosing this payment method?
We’ve practically covered everything you need to know to use PayPal when playing with an online casino, however, there are a few additional tips that might help you out.
- Check if PayPal is excluded from the list of payment methods eligible for the casino bonuses you wish to claim.
- Make sure you can withdraw your winnings using PayPal, as some payment options allow you to deposit but not receive your withdrawals.
- Remember that with most casinos, you can withdraw your funds only through the payment method used for deposits.
Conclusion – How is PayPal better than the others?
PayPal has been the online payment method de rigour for most people seeking to carry out transactions online.
True, there are plenty of e-wallets to choose from these days, but PayPal’s reputation for being reliable and safe often catapults it at the forefront of online payments solutions.
Furthermore, it is truly easy to carry out deposits and withdrawals with a casino, making it convenient for both its simplicity and convenience.