Play Slots for Real Money with PayPal

PayPal

PayPal is fast, secure and one of the most popular ways to pay online in 2024. However, you can’t use PayPal for deposits or withdrawals at Canadian online casinos. We’ll go over why, and what other banking methods are accepted in Canada.

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Why PayPal is Restricted at Online Casinos in Canada

In 2010 PayPal updated their user agreement to accept online gambling in regulated markets. As Canada allows offshore gambling, PayPal is blocked. That means there are no casinos that accept PayPal in Canada. Not even licensed and legitimate casinos can accept deposits or withdrawals with PayPal.

Don’t try to use a VPN or go around the PayPal restrictions any other way as no legitimate real money casino will allow this. Instead, use one of the deposit methods listed below.

Alternatives to PayPal at Online Casinos

You can easily use another e-wallet or stick with a safe and trusted option such as a debit- or credit card. If you prefer a banking method that allows for more anonymity, Bitcoin is your best choice. They’re all 100% safe, quick, and legal to use at Canadian online casinos.

What is PayPal?

At its core, your PayPal account is an e-wallet that you can easily use for buying online. If you don't have an account, you can sign up in a few minutes for free. Simply link your credit card or bank info to your PayPal account. With total purchase protection and the best security in the business, your funds are always safe. That's true whether or not you play online slots.

How Does PayPal Work at Online Casinos?

If you’re playing from another country, such as Malta, Sweden, the UK or any other regulated market you can use PayPal for your online casino deposits.

PayPal will authorize the real money transaction and transfer the funds on your behalf. The site will receive your real cash without having access to your credit card or bank account. It's the ultimate in security and privacy. PayPal isn't only convenient; it might very well be the smartest way to pay and play. With the option of linking your bank account, PayPal is a great choice for players who don't have a credit card or want to control their spending.

History of PayPal in Online Casinos

PayPal was established in 1998 under the name “Confinity” in the US and changed its name to PayPal in the early 2000s. After being bought by eBay in 2002 it quickly became one of the most popular e-wallets worldwide. In 2021 PayPal boasts a whopping 325 million active users, across 200 markets!

In 2003 PayPal stopped allowing deposits to be made at all online casinos worldwide. Later, in 2010, PayPal changed its user agreement again. Now it’s allowing regulated online gambling markets to use its services. Unfortunately, that doesn’t include Canada as the Canadian government allows offshore gambling.

PayPal Safety and Security

Security and privacy are huge concerns in 2021. PayPal gives you an extra layer of protection when using it for online shopping. PayPal uses advanced 128-bit encryption to process payments and takes advantage of the latest technologies to monitor your account and eliminate fraud. The best part is you can take advantage of this added protection, while still using the credit cards and bank accounts you love.

Many players prefer to use PayPal when testing out new casinos as you don’t have to share your banking details. This is also true for cryptocurrencies like Bitcoin or pre-paid cards such as NeoSurf. Both these options are available for playing in Canada and offer the same levels of safety and security as PayPal.

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Frequently Asked Questions about PayPal

Does PayPal allow casino deposits?

Yes and no. You can’t use PayPal if you’re in Canada, but it is allowed in regulated markets such as the UK, Sweden and Malta.

How Does PayPal compare with using my credit card directly?

The main benefit of using PayPal over a debit- or credit card is that you won’t have to share your banking details online. When playing casino games however PayPal is blocked for Canadian players.

Where do I sign up for a PayPal account?

You can sign up for an account at PayPal.com at your convenience. As mentioned, the process takes no more than a couple of minutes. Your account will be set up for Canadian dollars by default, but you can add additional currencies if you choose.

How do I use PayPal for online slots?

If you want to play online slots from Canada, you can’t use PayPal. It’s only allowed in regulated markets.

Can PayPal process deposits and withdrawals?

Absolutely! PayPal is often available as both a deposit and withdrawal method if you’re playing from a regulated country.

If you’re based in Canada, you can’t use PayPal.

How long do PayPal transfers take?

PayPal transfers take a few seconds if funding your payment using a credit card or your PayPal balance. Larger bank transfers may be subject to clearance through the banking system. You can reduce future delays by confirming your bank account and setting backup payment methods. When playing online slots, you can’t use PayPal unfortunately.

Is PayPal safe to use?

Yes. The payment service uses advanced security measures and keeps its users safe when shopping online.

Does PayPal charge fees?

It depends on what type of purchase your making and where you’re based. The best is to look in the PayPal app to find accurate information about your region.

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