PayPal is an e-wallet service that is used globally to send money online. There is a loyal clientele that depends on its services every day. It has an interface and a transaction module that is handled by IT professionals while the money aspect is just handled by a team of financial experts. Nowadays, with the surge in the number of Canadian online casinos, the digitization of financial services has allowed more and more players to register in online casinos where they can just deposit money or withdraw winnings instantly. Canadian casinos offer great rewards such as Free Spins and Welcome bonuses.
PayPal is one of the most prominent e-wallets on the globe and a vast amount of money is in constant circulation on the platform because of the ease of its usability. Most casino players have taken advantage of how easy it is to make deposits at the casino plus the bonuses associated with using it as a transaction method. Some Canadian casinos encourage their clientele to use PayPal by offering exclusive bonuses for any player who uses this as the primary deposit method. A PayPal account should be linked to a bank account or a credit card to ensure that funds can be easily moved from either to effect a balance. Players can then use the balance to make a deposit in the online casino or even in buying of goods and services elsewhere.
For casinos, players use the e-wallet to pay for games. At the cashier section on the casino website, a player selects the amount of money that they wish to deposit into their player account. The money is then instantly debited from the PayPal account and subsequently credits the player account. It is a secure service while also considering that the Canadian casinos have taken appropriate measures to encrypt their data to avoid hackers and third parties from accessing the player's personal details.
Opening a PayPal Account
The process of opening a Paypal account is so simple that it can be done via an Apple iOS or an Android device. It is possible to download the official PayPal application from either the Apple Store or the Google Play Store. Some people prefer using a computer browser to do the same. A pre-requisite is that one must have attained the minimum required age limit in Canada before beginning the process of setting up an account. Verifiable documents such as a national ID or a passport can be used. Afterward, details such as the address, email address, and date of birth are keyed in before a confirmation link is sent to the primary email address of choice.
All that is needed after verification and confirmation is a password which is used to access the account. In order to use the account, it must be loaded with funds which are to be used to make deposits at the casino.
Using PayPal In Canadian Casinos
Many Canadian casinos use PayPal as one of the primary means of making both withdrawals and deposits alongside bank transfers. In fact, most casinos have adjusted their business model to not accommodate this particular online money transfer service, but other similar e-wallets. This also allows, not only Canadian players, but also international players to participate in online games in Canadian casinos.
There are fees and limits that are stipulated in the terms and conditions section. In some transactions, such as casino deposits, it is free, although both the casino and PayPal might impose a service fee while making withdrawals.
CasinoFever.ca is a independent review portal for online casinos. The information on this site is for entertainment and educational purposes. The legal age for gambling in Canada is 19, except Alberta, Manitoba and Quebec where it is 18+. Listed casinos reserve the right to change or terminate bonuses and modify the terms and conditions at any given moment. Read the terms and conditions before opening an account or accepting a bonus. Play responsible.