PayPal

Paypal facts

Paypal is a versatile e-wallet for sending and receiving money quickly and securely. The so-called PayPal account, connected to your personal email address and acting as an internet account, allows you to make all your online payments in one place. So you can easily link all your accounts and credit cards. There is also the option to fund your PayPal account with cash by transferring money from your bank account for free.

When making an online payment with PayPal, you can easily choose the method you want: bank account, credit card or PayPal account balance. The latter option works just like a credit card in that you can spend money you don’t own. “You don’t need any credit to shop and pay online with PayPal,” reads the company’s website.

However, you must ensure that this account is back in the black very quickly as PayPal is registered as a bank (holding a European banking license since 2007) and acts accordingly. So the bailiff is quickly at the door. We, therefore, recommend that you do not play with money that you do not have at your favorite gambling sites.

PayPal is the largest e-wallet service in the world with over 100 million members. Like all e-wallets, PayPal allows users to transfer money to and from other accounts without having to disclose sensitive financial information each time. Due to PayPal’s strict policies, it is generally only allowed by the most prominent online casino operators as a way to deposit and withdraw your funds.

To open a PayPal account, you will need to go to the PayPal website and click on the link to register a new account. You will be asked to provide your identity information and verify your email address, but the process should not take more than a few minutes. Once you’re signed in to your PayPal account, you’ll need to take a few extra steps to add your bank account and credit card and complete verification to remove restrictions from your account. Verification usually only takes a few business days.

PayPal is a strong e-commerce brand

The fact that PayPal has the largest piece of the global e-financial service provider pie comes as no surprise, it is extremely practical. “Shop anywhere in the world and transfer money super fast” certifies the company. You only need two things:

• An e-mail address
• Your PayPal password

PayPal is also doing well worldwide. Nearly 300 million customers, over 8 million of whom even play and bet online. Founded in 1999 by the American company Confinity with a focus on financial transactions between handheld computers (PDAs), Elon Musk got involved a year later and started the success story. It was bought by eBay in 2002 and became independent and public again in 2015.

PayPal and your data

PayPal is very convenient, but is it secure? Of course, you do not want your personal information, bank and credit card details to fall into the wrong hands. Fortunately, you can trust this payment service.

• Every transaction takes place in a secure environment.
• Every transaction is encrypted using advanced encryption technologies, so all your data is never visible to third parties. The company that receives your money does not see any bank or credit card details.
• The company offers the option to set up your cell phone number for extra security (2-Step Verification), so your data is even better protected.
• PayPal uses advanced fraud prevention technologies to scan every transaction for suspicious activity like phishing and identity theft.
• Full protection, both for your purchases and for your account.
• You will also receive a full refund if your purchase is undelivered or significantly different from the seller’s description.
• You are also not liable for any unauthorized purchases made using your PayPal account.

But you must meticulously abide by the terms of service. For example, if you do not properly back up your email address and password, those backups will expire.

Easy steps to a PayPal account

1. Go to the official website and sign up for a free account. Select your country, enter your name and email address and create a strong password.
2. Enter all personal data correctly so that your account will be authorized and activated after PayPal has checked it.
   This also applies to entering your address and your date of birth.
3. Once the process is complete, you can get started with your new electronic wallet and pay securely online. And this is also possible without an account balance since you can also use PayPal to spend money that you do not (yet) have. Of course, like a credit card, you have to pay it back in the short term.

You can also manage your transactions on the go using the app. The PayPal app is available in your App Store and on Google Play.

How to Use Paypal?

Using the Paypal online wallet is very simple and takes no more than a few minutes. Payments and transactions are completed in seconds and often the money is transferred immediately or within minutes after the payment is made. You can use it through a browser or simply download the Paypal application on your smartphone and have your account always at hand.

Simply log into your account with your email address and password and you can start making payments. Without entering bank details and other information, which can often be time-consuming. If you have funds deposited in your Paypal account, you can use them, otherwise, you connect a bank account or card to Paypal and the system itself pays what you want to settle by direct debit from your bank account. This is above all a safe and reliable option that protects your personal data from possible hacks and fraud because with this payment method you will not leave sensitive information about your credit card on the website of the online casino.

PayPal in online casinos

Online casinos are becoming more and more relevant, so the range of casinos is also increasing every day, which can ultimately cause confusion and problems when deciding which casino to choose. If you are looking for an online casino that offers easy deposits and fast real money withdrawals, then choosing one that accepts PayPal is probably the best option for you. Due to the popularity of the PayPal electronic wallet, there are many online casinos that accept this payment method. However, not all conditions and offers are the same! Below, you will find all the information you need to know if you are thinking about registering in an online casino in Canada that supports the system of deposits and withdrawals with the Paypal system.

How to make a deposit using the Paypal system?

To make a deposit through your casino account, first, log into any online casino that supports Paypal. Make sure you have selected a real money game, then go to the bank or casino cashier. Find PayPal under the deposit section and enter the amount you want to transfer. You will then be prompted to log into your PayPal account to complete the transfer. Funds will be available to play immediately. If you don’t have enough money in your PayPal wallet to cover the deposit cost, PayPal may charge your credit card directly, which you must add and verify beforehand. The same process applies to depositing on casino sites that support PayPal.

Below are the steps for a successful PayPal deposit:

1. Make sure your PayPal account has funds or is linked to a bank card for funds.
2. Go to the Checkout section of your chosen gambling site and select PayPal.
3. Enter the amount you want to transfer.
4. Enter your promo/coupon/bonus code (if you have one) and click “Send”.

That’s all. From here you will be redirected to the PayPal website where you will need to log into your account to authorize the payment. Once a transaction is approved, payments are made quickly, usually instantly.

Most of the payment methods supported by PayPal offer instant payments, but some take a few days to appear, meaning you will need to wait before you can use your money to play at the casinos. To avoid transaction delays, it is recommended that you always have some funds in your Paypal account so that they are always available when you decide it is time to play an online casino game.

How to withdraw money from an online casino to a Paypal account?

Once you’ve won enough and hopefully been lucky enough to win, you’ll naturally want to withdraw your money and put it to good use. When withdrawing money with PayPal on a gambling site, it is wise to have a verified PayPal account, as this may take some extra time. This also helps avoid unnecessary complications that could prolong the payout process.

The withdrawal process is otherwise just as fast and easy as depositing into the account:

1. Sign in to your account.
2. Make sure the casino has verified your payment information. If you transferred via PayPal, your account has already passed the required checks.
3. Find the minimum deposit amount in the casino rules and enter the same or higher amount in the corresponding field on the withdrawal site.

Expect the process to be completed in no more than 3 business days.
After you withdraw from the casino and get your funds to PayPal, you also have the option to transfer your winnings back to your bank account or to your credit card linked to your Paypal account.

PayPal fees and limits

Certain fees apply when using PayPal for general purposes. For example, for international transactions you will have to pay 5% of the transaction, amounting to at least C$1 to C$4. Instead, receiving funds is free. You have to pay 3% of the amount to convert the currency. Standard transfers from PayPal to an internal bank account are free. The system charges a 1% express transfer fee.

But if we talk about online casinos, the conditions will be even more attractive. Since the casino is interested in keeping a loyal customer, the online casino usually covers all the fees related to the deposits. So, if the customer chooses to use PayPal as a payment method, only the planned amount will be used for the deposit. The same goes for withdrawing winnings from real money games. The entire winning amount is clearly credited to your account. Not every casino accepts PayPal, but if you can find one, you’re in luck. However, in rare cases, due to different conditions, additional payments from third-party providers may fail, but in this case, the casino will clearly warn you of this.

PayPal pros&cons

There are many positives to using PayPal. For both gamers and regular users, the system has prepared superior advantages in use. Below you will find a list where we explain each of the benefits of using PayPal in more detail.

Although setting up a PayPal account is not that difficult, you will need to have a credit card or bank account to use the service. Additionally, it may take some time for your credit card or bank account to be linked to your PayPal account due to the verification process you must go through.

There may be some other drawbacks to using a PayPal account at casinos. However, it’s a good idea to visit the sites that offer it and compare what they offer with other preferred remittance options to see which one will work best for you.

Types of PayPal Casinos

In the accompanying abundance of online casinos, there is something for every player. It doesn’t matter what type of casino you prefer, because you can use PayPal on classic (accessible via computer) websites, mobile apps, new casinos and those that have been popular among players for many years. Real money bets in online casinos are the key to feeling the adrenaline rush. And to make this experience not a disappointment, you can view the payment methods that will make your deposits and withdrawals smooth and secure. Casinos that accept PayPal are very popular and the service is becoming more accessible.

A list of PayPal online casinos that are currently blacklisted and better to avoid is regularly published and updated online, so check it regularly to avoid problems and successfully avoid fraud.

• PayPal mobile casino
  PayPal Mobile Casino is a growing trend in the world of gambling. People engage in this industry to make a profit. PayPal ensures that the profits they earn are kept in secure manner. Deposits and withdrawals are easier with the payment method at the click of a button. A player can enter the casino without any form of paper cash and still be able to place their favorite bets through the casino’s PayPal-enabled mobile app. Various casinos have started to adopt the concept of paying through this payment method to reduce instances of theft as well as to increase the overall safety of people participating in online games. It also came in handy for the PayPal mobile casino apps as you can transfer funds from your Paypal account to your casino account in minutes from the comfort of your home. You should know everything about mobile casinos if you are always on the go and want to have everything you need in your pocket. Fortunately, it’s now not only possible to pay bills with your smartphone, but you can also take your PayPal mobile casino with you wherever you go.
• PayPal live casino
  The online gambling industry is moving forward to attract new players with cutting-edge inventions, new games and unusual approaches. In a live casino, you can experience a real casino by playing online. Imagine playing with live croupiers who look like they worked in Vegas without leaving your home – that’s the experience you can get at a live casino. Compared to regular online casinos, a live casino is played with real dealers and is played in real-time. Common online games offer you to play with real money or a trial. They offer traditional games as well as poker and other games against other players live online. The live game is shown via a live video link in real-time from the casino table. It can also be streamed from classic casinos.

Paypal online casino bonuses

What’s more, casinos can even offer exclusive welcome bonuses to players who use Paypal as a payment method to convince them to use PayPal for casino games like Paypal Roulette, and PayPal Bacarrat, and if you want to win the PayPal jackpot, don’t worry. Casinos may even offer exclusive welcome bonuses to players who use this method to convince them to use PayPal. And since you’re reading this article, we don’t think you’ll need much convincing!

• Welcome bonus. The casino welcome bonus is available upon registration, usually when the first deposit is made to the account and is given to all new players. That is why it is also known as an online casino signup bonus or a first deposit bonus. Nowadays, casinos compete with each other to see who can offer the best welcome bonus and attract more players.
• Deposit bonus. Deposit bonuses are a gift you receive when you deposit a certain amount of money into an online casino. The sign-up bonus is the most popular type, but you can also earn this type of bonus later as part of a promotional campaign.
• Free spins. Free spins are a type of promotional offer that you can get when playing at online casinos. Simply put, you get a predetermined number of free spins that you can use on a specific slot machine. They are available as no deposit bonuses or as part of deposit bonus packages.

Alternatives to Paypal payments in online casinos

While it’s convenient when you fund your online casino account with PayPal, it’s not the only method available. International online casinos are known for offering many payment options to players. If your bank is not listed, but you still want to start playing in an online casino with real money, you can do it with other safe and popular payment methods such as Skrill, Visa and Trustly, or completely safe and anonymous – Bitcoin.

• Skrill. Skrill is a third-party payment processor or e-wallet that allows you to access many financial services over the Internet. It is very popular among online casino players and allows deposits and withdrawals in 40 currencies at the best casinos that allow Skrill.
• Visa. Almost every merchant accepts Visa and the same goes for online casinos. With Visa, you will be able to deposit funds in almost any casino you come across.
• Trustly. Trustly is an open bank payment method that allows customers to shop and pay from their online bank account without using a card or app. Their account-to-account network supports 6,300 banks, reaches 525 million consumers and bypasses card networks.
• Bitcoin. With Bitcoin adoption at an all-time high, more and more online casinos are now accepting this cryptocurrency. Because Bitcoin and other cryptocurrencies run on blockchain technology, transactions are easy to track. Players always send money directly to the casino without anyone’s approval. No one could manipulate the transaction, so it is secure.

PayPal OneTouch

With PayPal, you can pay quickly and easily using your email address and password. However, if you don’t want to enter these credentials every time you make a payment, there is now a solution: PayPal One Touch. If you enable this option, your credentials will be saved for you on your device. In this way, you make online payments even faster and easier.

Final Thoughts on PayPal

Paypal is an incredibly cool payment solution for users on the Internet. While very few online casinos offer the option to deposit with PayPal, we highly recommend using PayPal as a payment method due to its many benefits.