PayPal is easily the most well-known and used e-wallet in the world. It’s a trusted payment method that delivers security and convenience. It’s no surprise, then, that Ontario casino players have also been turning to PayPal as a deposit and withdrawal method.
PayPal Review – Safety & Security
Security is definitely one of the main features of PayPal. As an e-wallet, you can make deposits without giving your credit/debit card information to the casino.
In Ontario, PayPal isn’t technically considered a bank or financial institution. Therefore, it doesn’t fall under the jurisdiction of the Financial Consumer Agency of Canada. However, there are still other standards and laws it must abide by.
Online casinos need to be licensed to operate in Ontario. Recently, the Ontario Government itself has begun licensing casinos to ensure they meet all standards to operate here. This includes proper storage of player personal information, fairness of games and other details.
In any case, you can be sure that all casinos we feature here do have a valid Ontario license and are, of course, safe to join.
|Did you know?|
|PayPal was founded in California in 1998. Today, it’s one of the most popular e-wallets.|
How to Use PayPal at Ontario Online Casinos
Next, let’s go over how to use PayPal at an Ontario online casino. This includes steps to making a deposit, withdrawing, and some information on fees.
Fees when using PayPal at the casino
The big question players always have is, what kind of fees will I be charged? The good news is, you don’t have to worry about any fees from the casino itself.
Generally, there are no PayPal fees for making a deposit either (unless a currency conversion is needed). However, when you withdraw money from your Ontario online casino account, a small fee is charged by PayPal.
How to deposit and withdraw with PayPal
Now, let’s look at how you can deposit with a few easy steps:
- Log into your casino account.
- Usually, you’ll see a deposit button at the top of the screen. Otherwise, click on your account/username and then select deposit.
- Choose PayPal from the list of options.
- Enter the amount you wish to deposit, and then confirm.
When it comes time to withdraw, go to your account page as before.
- Select withdraw this time from the options.
- Choose PayPal again.
- Enter the amount you wish to withdraw, and you’re all set.
|Did you know?|
|PayPal offers protection to users through its buyer protection guarantee. If you purchase something but don’t receive it, you can get your money back.|
Solutions to Some Possible Issues With PayPal at Ontario Online Casinos
Trouble with PayPal is rare, but we’ll cover a few problems that may occur below, along with some potential solutions.
- PayPal isn’t on the list of payment options.
If PayPal isn’t listed at the casino, then it’s most likely not accepted by that casino. You can always contact customer support to verify.
- It’s been a while since I submitted my withdrawal request, and I still didn’t receive my funds
Some casinos can take around three days to process a withdrawal. So, if you don’t receive your funds in a day or two, there’s no reason to worry. You may be able to view the status of the withdrawal in your account or by contacting the casino.
|Did you know?|
|If you find yourself with any questions, both the casino FAQ and PayPal’s website can offer plenty of useful information.|
Pros and Cons of PayPal for Ontario Online Casinos
Let’s begin with a look at the pros and cons of PayPal. Afterwards, we’ll see how it compares to other common Ontario casino payment methods.
|Fast deposits and withdrawals||Not accepted at every casino|
|One of the most popular and well-known e-wallets|
|You don’t have to share your credit or debit card number with the casino|
PayPal vs. other Payment Methods
PayPal is superior to other payment methods in almost every way. When it comes to the speed of transactions, it’s faster than the other popular methods. For example, processing times for withdrawals are far shorter than they would be with Visa or bank transfers.
With many banks refusing funds directly from casinos, PayPal is even more attractive as it’s not something you have to worry about.
Sadly, though, PayPal hasn’t gained full acceptance among Ontario online casinos yet. So, the number of casinos that will take PayPal payments is lower than ones that accept Visa or bank transfers.
Still, some bigger online casinos available in Ontario such as BetMGM, DraftKings, PokerStars, Caesars, and BetRivers all accept PayPal.
|Fast deposits and withdrawals||✔||✖||✖||✖|
|Can keep your bank data private||✔||✖||✔||✖|
|Safe and well-regarded||✔||✔||✔||✔|
|Did you know?|
|PayPal allows you to make quick deposits and withdrawals. Additionally, you’re not required to share any banking details with the casino.|
PayPal is a Well Rounded Payment Method That Can Meet All Your Needs
There are almost no real drawbacks with PayPal itself. This e-wallet lets you conveniently make deposits and withdrawals, while protecting your financial information. Its acceptance is growing as well, so we’ll likely see more PayPal casinos in the future.