PayPal is one of the oldest and most popular e-wallets on the market. Yet, not many online casinos support this payment method. If you are a Canadian citizen, the good news is that there are PayPal casinos accepting Canadian players. They allow you to make deposits and withdrawals via PayPal in your local currency, which is great as you don’t have to spend your hard earned money on conversion and transaction fees. Stay with us to learn more about PayPal casinos for Canadian players and what you can expect from joining them.
Canadian PayPal Casinos
With PayPal, funding your casino account and clearing your winnings from it is a piece of cake. Not only that you won’t have to worry about fees and timeframes, but PayPal also provides you with a safe user experience meaning that you can have peace of mind when transferring your funds either way. When you use a reliable banking method like this, you can focus on the gameplay and enjoy your stay at your favourite online casino to the fullest. We bring you a list of PayPal casinos for Canadian players.
About Canadian Casinos
When choosing an online casino accepting Canadian players, you have to pay attention to a few key features. They include a gaming licence, game selection and providers, supported payment methods and bonuses and promotions. A Canadian-friendly casino must be regulated and licensed by a trustworthy gaming authority and offer a full range of games including virtual and live ones. The games should be provided by the leading names in the industry such as Microgaming, NetEnt or NextGen Gaming. It is preferable for a casino to perform on a multi-platform and offer games from lesser yet successful developers like iSoftBet, ELK Studios and Eyecon, to name a few.
Betting with Canadian Dollars – CAD
If you want to cut expenses at an online casino, you should always look for gaming venues that accept CAD. Not only that they will save you money for not paying conversion fees, but they will also provide you with a comfortable gaming experience. What do we mean by that? Well, instead of using your calculator to check out how much money you have spent or won, you can focus on your favourite game while playing it in your local currency.
Bonuses in CAD
Playing casino games with real cash is fun since it can earn you some real money prizes. Yet, we all love gifts and online casinos are aware of that. To attract new players and retain existing ones, they offer bonuses and promotions that can give a boost to your bankroll. More money means more fun and more opportunities to win, so bonuses in CAD should be one of the features to pay attention to when choosing an online casino. Start off with claiming a welcome package that can consist of free money and free spins for exciting slot machines. As a registered player, you can continue using different promotions with reload bonuses, freebies, cashbacks and other incentives on offer. In addition, online casinos love to treat their loyal players with comp points. You can collect them to enjoy more rewarding gaming experience thanks to loyalty schemes. The gaming establishments listed on our gaming portal offer bonuses and promotion with realistic wagering requirements you will have to meet to turn your bonus funds into real cash.
Other Banking Options via CAD
Canadian players can choose from a wide array of safe banking methods they can use to transfer money to and from their casino account. They include credit and debit cards, prepaid cards or vouchers, e-wallets like PayPal, Bank Wires and more. You can choose a preferred banking method based on the amount you want to deposit and withdraw, a timeframe within which your transaction will be processed and so on. Here are some of the most popular banking solutions enabling you to process transactions in CAD.
Credit and Debit Cards
These are the most common banking option used by Canadians when it comes to funding online casino accounts. If you have ever used your credit or debit card for online shopping, you won’t have any difficulty with making a deposit to the casino. The downside to this method is that you have to fully reveal your financial details like the number of your card to the online gaming operator. Besides, some casinos may charge fees on transactions made via credit or debit cards.
E-Wallets
E-wallets are widely used by online casino players as they allow them to make transactions without revealing personal and financial details to the casino of their choice. They function as a link between the casino and your credit card or bank account, meaning that you practically carry out the transaction via your e-wallet while your credit card details remain hidden. Apart from PayPal, Canadian players can use Neteller, Skrill, Instadebit and ecoPayz. What’s great about e-wallets is that transactions via them are processed swiftly so you can use your funds immediately whether you deposit them to the casino or clear them from your casino account. Keep in mind that certain fees may apply when uploading funds to your e-wallet and clearing funds from it.
PaySafeCard
This is one of the most popular prepaid cards in the Canadian market. It can be purchased online or at local retailers. PaySafeCard is a great option for all gamblers who want to set limits to their spending on casino games. Since you only reveal a pin given on the card, it provides you with a totally safe user experience. However, PaySafeCard is a deposit-only method, meaning that you need another banking solution to cash out your winnings.
Bank Wire
Canadian players looking for a way to transfer larger amounts of money can fund their casino accounts via a bank wire. With this banking solution, you send money directly from your bank account to the casino’s bank account. This is not the fastest option and it may take a few days for money to be available in your casino account.
Interac e-Transfer
This is an online banking option enabling Canadian players to send and receive money via online or mobile banking. Interac e-Tranfer can be used for deposits and withdrawals equally and provides players with a safe user experience. This local payment method is very popular with Canadian citizens. However, you should keep in mind that certain bank institutions charge fees of CA$1 or CA$1.50 per transaction when carried out via Interac e-Transfer.
Is It Legal to Bet Online in Canada?
While Canadian citizens love to play casino games online, the online gaming market is still in a grey area. We can describe the regulations as a bit complicated since operators are not allowed to offer casino games within Canadian borders, yet some foreign gaming establishments are licensed by the Kahnawake Gaming Commission and their servers are located in this Indian reserve in Canada.
If you are just a player who wants to play casino games online, you don’t have to worry about consequences as there is no act that prohibits this activity. You can choose from a plethora of gambling sites registered abroad like the ones featured on our gaming portal.