US players prohibited to use PayPal
If you reside in Canada but you’re either close to the US border, or know that you take frequent trips to the US, we would suggest against using this payment solution to fund your casino account. No casino with an American gambling license allows for PayPal to be used. So if you are a US citizen and you want to make use of an e-wallet, there should be other options for you that you can find out about from the customer support of the casino you wish to play at.
How to get a PayPal account
Like any other e-wallet, your registration process starts by clicking the sign-up button on the PayPal website. The registration form will ask for your personal details and to verify your email account, after which time you’ll get access to your new PP-account. There are a few more steps to get through when adding your card or bank account to the PayPal account, and whether you wish to remove the transactional limits on your account, but the whole verification process normally only takes a few business days.
Making a deposit with PayPal
Pick the online casino that offers what you are looking for, and that supports this deposit method, then go to the cashier of the casino. You should be able to locate the payment solution logo, and also add the amount of money you wish to deposit, then you’ll be redirected to your e-wallet account to complete the transaction. Easy!There’s also no need for you to have funds in the e-wallet if you choose not to, you can make a transaction directly with your credit card as long as the card has been verified before you make the deposit.
Making a withdrawal with PayPal
This might be one of the easiest methods to use when it comes to withdrawing your casino winnings. You only need to provide the casino with the email address registered to your e-wallet account to initiate the withdrawal. Keep in mind, however, that the casino might ask for verification documentation as with most withdrawals.Once the funds have arrived in your online wallet, you can use them to make purchases online wherever this method is accepted (which is at a lot of merchants), alternatively you can make a withdrawal from the e-wallet back to your bank account. There might be fees involved with withdrawals so you should read up on that before you make your withdrawal.
Why you should use PayPal
This is a globally known payment service, famous for its good reputation, meaning that you can certainly feel in good hands when using it to make transactions to a casino. Also, since you give your financial data to PayPal and not to the casino, you can be sure that your information is secure.
Why PayPal might not be for you
You might still need to complete the verification process for your credit card before you can have it linked to your e-wallet account, which could take a couple of days to be fully completed. Therefore it might be a good idea to set up an account beforehand so that you can deposit and play as soon as you want to, instead of having to wait for the verification to be completed.