CANADA ONLINE CASINOS THAT ACCEPT PAYPAL
PayPal is one of the larget online payment channels in the world. It allows users to send and receive money across the globe instead of sending cash. It is also considered a stable form of payment in many PayPal casinos in Canada. The company first came to be in 1998 under the name “Confinity,” but it shortly merged with X.com, a small online banking firm developed by Elon Musk. In 2001, the company was renamed PayPal.
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When eBay shoppers started preferring PayPal as the payment form of choice in the early 2000s, the latter’s fortunes (and reputation) went through the roof. In July 2002, eBay bought the payment facilitiy for US$1.5 billion; but in 2004, it was spun off to be an independent entity. Today, PayPal remains the largest eWallet facility in the world. This is despite stiff competition from the likes of Paysafecard, Skrill, and Neteller. To date, there are about 200 million PayPal users worldwide.
PROS AND CONS OF PAYING WITH PAYPAL
PROS
– Multiple ways to pay. You can link your debit and credit cards, as well as your bank accounts, to your PayPal account
– Manage all your details in a single place
– Added security. You need only your PayPal email address to make and receive payments.
– PayPal is accepted by thousands of merchants online and offline.
CONS
– There have been reports of its slow customer service response.
IS PAYPAL SECURE?
It is — extremely. You can be confident about keeping your money in your PayPal account, but you can also connect it to your bank account, debit card, or credit card. It allows you to “auto-approve” certain transactions. If you’re unsure about this feature, you adjust the settings in a way that all purchases should be approved by you first individually. This way, if someone does get hold of your PayPal account and tries to buy something, you are alerted right away.
When using PayPal to deposit to your online casino account, you don’t need to give the online casino your details. Deposits are sent on a payment-by-payment basis.
DEPOSITING VIA PAYPAL
Deposits to your online casino account from your PayPal reflect instantly. Just go to the deposits page of your preferred online casino and select the drop-down that lets you fund via PayPal. A pop-up window then opens to PayPal itself to verify if you really want to make the transfer. The moment you click Submit, the money appears on your online casino account right away. Withdrawals can also be as quick, although some online casinos might take one to three days.
PayPal is also VERY EASY TO USE. With a valid email address, you can set up your own PayPal account and start using it after a few minutes.
THE VERDICT
If you’re after security and ease of use, PayPal wins, no question. With just an email address, you can easily make payments and receive money. However, not all online casinos accept PayPal, at least for now. With the ever-growing popularity of this payment channel, you can expect to see more Canada online casinos listing it as an accepted mode of payment. Check out the online casino sites that are PayPal affiliated at 21Casino. This list continues to grow so do check back from time to time to see an updated roster.
