PayPal Casinos Canada 2023
There are many factors to be considered before joining a platform, one of which is the mode of deposit and withdrawal. A casino is said to be worthwhile if it has financial security. PayPal is one of the methods adopted by online casinos in the early days of gambling. However, the company has restricted players and casinos from using the system to facilitate gambling-related services.
Today, there are similar options that serve as alternatives to PayPal. These payment options provide Canadian players top quality service and they are all safe and fast to withdraw and deposit money. After thorough research conducted by our experts, we’ve come up with all you need to know about the alternative PayPal casinos online payment methods.
🥇 Best Canadian Online Casinos 2023
💲 About PayPal Payment
PayPal, created in 1998, is one of the best means of financial transactions. This is a payment system that guarantees users’ safety and security. However, its use has been altered, and PayPal is not acceptable at gambling casinos anymore. Canadian gamblers can no longer credit their casino wallets through an existing balance on their PayPal account.
During the time casinos with Paypal were in use when compared with other electronic wallets of today, its safety and ease of use might not be enough reasons to see it as a special method of money deposit and withdrawal. There were numerous reasons why PayPal online casinos Canada was popular and widely considered the best option for gambling platforms.
Owner | PayPal Holdings, Inc. |
Founded | 1998 |
Product | Credit cards and Payment systems |
Headquarters | San Jose, California, U.S. |
Website | https://www.paypal.com/ |
🔎 How do We Rate the Best Payment Methods?
Every casino varies regarding withdrawal and deposit of funds, even though you might find similar methods among them. Several factors determine the best payment casinos suitable for internet gamblers. These are the factors we used when evaluating casino banking methods such as POLi, Paysafecard, Neosurf voucher Canada, etc. A fast option doesn’t always translate to credibility. However, it is one of the major factors to consider, among others. Below is a list of factors to be on the lookout for.
Safety and Security
Safety and security are the first things to consider when it comes to casino transactions. The assurance that your transaction cannot be interfered with by a third party. For a system to be regarded as incredible, it must possess features like encryption and personal information safety. It must also offer zero fraud liability.
Fees
Another factor determining the best payment method is the amount or percentage charged on every transaction. A casino might be said to have everything from security to fast transactions, but a high commission fee is a discouraging factor. There are payment options that charge a fixed fee depending on the transfer amount; some charge on percentage, while there are those with zero charges.
Deposit Bonuses
At some online casinos, the bonus you are entitled to is limited to what payment methods are used in making deposits. Apart from the bonuses and promotions sponsored by the casinos, Canadian players are entitled to some promos courtesy of the payment system used. This has become an excellent tool for rating the best options.
Deposits & Withdrawals Options
The best way to enjoy online casinos is comfort and convenience. Platforms with the best option for making deposits and withdrawals are said to be among the best. When rating the best payment options, we consider how the funding of the wallet and cashing out of any casino can be done effortlessly.
Payout Speed
How soon you can start an online casino in Canada depends on how fast money enters your wallet. This is one of the qualities that make up the best banking methods. The technology adopted by a casino is the determinant of payout speed. We carefully observe every payment option; we check all they offer without excluding the time it takes to process transactions.
Customer Service
Customer services are often neglected because we feel it is unnecessary until the need arises. Apart from deposit bonuses and security payouts, we also observe the quality of customer service. A good casino should also have multiple ways of communicating with the customer support team, like via social media platforms, phone calls, or emails. With all this, we consider the availability of customer services before deeming a casino fit.
💰 Alternative Payment Methods at Online Casinos
In any good online casino, it is vital to know their banking options. Also, the kind of system they operate with and the kind of currencies they do accept are important when making a deposit. Since PayPal gambling is no longer in existence, we’ve selected some of the best alternative options like Neteller, Paysafe, eCheck Casinos Canada which provide similar services. Here are some alternative payment services to choose from:
Paysafecard
Paysafecard is a prepaid means of payment that gives you access to improved and excellent security for making online gambling transactions. Paysafecard is a safe and secure method for payment as you do not need any banking details. That’s right; no banking details are required or shared across the various sites. Currently, 40 countries are offering Paysafecard as casino payment, which is quite suitable for most gamers.
Pros: | Cons: |
✔️ Just like PayPal, It is also a safe online payment without any personal details being shared | ❌ Not suitable for withdrawing winnings |
✔️ There are many Paysafecard selling points throughout the world | ❌ There are limits when compared to other banking methods |
✔️ Paysafecard is an accepted method at almost all top PayPal casino sites. | ❌ You are required to go to local selling points to buy codes |
✔️ There is a user-friendly mobile app to stay in control |
Neosurf
Neosurf is a financial option that allows goods and services to be paid for directly online by merging the recipient account with the Internet banking account. This is a way to deposit real money in your accounts online quickly, easily, efficiently, and securely. Neosurf is suitable for customers concerned about their financial and personal details falling into the wrong hands. To use this option, you must find a secure and convenient one. It doesn’t require any means of identification when purchasing it.
Pros: | Cons: |
✔️ You can purchase Neosurf vouchers at many convenient points of sale | ❌ There are small voucher amounts available |
✔️ It does not require a bank card to pay at a casino site | ❌ Only a handful of new online casinos support Neosurf |
✔️ Neosurf is simple, easy, and secure to use | |
✔️ You do not need to release any personal financial information to pay |
Neteller
This is a secure and effortless digital wallet that ensures the quick deposit and withdrawal of money. This method can be used to fund betting wallets and easily withdraw winnings. Not just that, Neteller gives its users convenience, confidence, and instance. Even though the percentage of its users has dropped due to the introduction of other methods, the e-wallet still holds the lead in the industry. It is a close alternative to PayPal as it offers similar service quality.
Pros: | Cons: |
✔️ It provides high-quality security | ❌ There are charges on every casino transaction |
✔️ Using this method attracts casino bonuses | ❌ Not available in all countries |
✔️ Casino transactions are processed very fast |
Bitcoin
This is the most astonishing development and the latest means of financial transactions in the gaming industry. Cryptocurrencies like Bitcoin, Ethereum, Litecoin, etc., have provided more security to players’ funds; you can conduct a financial transaction without the interference of the bookmakers. Unlike fiat currency transactions, cryptocurrency provides more anonymity, and this privacy factor appeals to users.
Pros: | Cons: |
✔️ It offers accountability for online deposits and withdraws | ❌ It is not widely accepted by every casino |
✔️ It uses Blockchain technology to secure client’s money | ❌ There is constant change in its value |
✔️ It provides anonymity | ❌ The wrong transaction can not be reversed |
MuchBetter
This is another safe and secure method of depositing and withdrawing on online gaming websites. The eWallet is designed with the latest technology and strong encryption. This is one of the most prominent means of transaction. Like other popular e-wallets like PayPal, Neteller, and Skrill, MuchBetter Casinos Canada are now becoming a more acceptable option on online casino sites and have fewer restrictions. This casino transaction method is similar to PayPal as it offers nothing but top-notch services.
Pros: | Cons: |
✔️ It provides quality security | ❌ Not available in every country |
✔️ Great reward programs for Canadian gamblers that made a money deposit and withdrew with it. | ❌ It charges on withdrawals made on every casino using it |
✔️ Easy and quick |
🔥 Conclusion
PayPal is a reputable banking option available today. If not the best, it is undoubtedly among the best. PayPal is a fast, cheap, and convenient option, considered one of the best. However, due to some reasons, Paypal stopped providing its services to online casinos. Before then, gamblers that once chose this method testified to its fast payout and convenient commission rate.
Since its service was revoked at an online casino, several options have stepped up to provide quality and reliable service. Today, there are several casinos with similar methods to PayPal you can choose from. We bet you’ll like it.
❓ FAQ
Yes, PayPal is one of the safest cashier systems available today. It makes use of the latest technology to protect and run every transaction.
The use of Paypal at online gambling casinos is no longer available.
Some casino payment methods provide similar services to PayPal, among them are Skrill, MuchBetter, Paysafecard, Neosurf, Neteller, etc.