PayPal is essentially the name in e-wallet online purchasing and this product requires no introduction to anyone with a little bit of internet savvy; after all, PayPal was easily one of the first to provide such an electronic payment method.
You probably know the drill: Those wishing to do transactions online may use a PayPal account funded via electronic debit account at a standard bank or by major credit card. Recipients of PayPal transfers typically move the payment into their own PayPal account or, again, to an established bank account. In short, PayPal is an incredibly easy and sure why to send and receive money online – as they say.
After all, you play virtual casino games, why wouldn’t you pay with virtual cash? Using PayPal allows easy and instant payment for playing at the online casino – sometimes…
Unfortunately, PayPal’s “first” status also means that this electronic-payment company was the first to back out of online gaming back in 2006. Despite the fact that the US-based PayPal’s reticence to do business at online casinos was due to United States’ Unlawful Internet Gambling Enforcement Act, the PayPal ban of ’06 went worldwide, including for Canadian players.
Ever since 2009, however, PayPal has been rolling back its ban on transactions to and from online casinos. Most UK-approved casinos will accept PayPal, as the re-introduction of Paypal to gambling sites first took place with online bingo and UK casinos. Typically paying via PayPal from provinces which have not seen the decriminalization of internet gambling is next to impossible, though.
At a great number of online casinos, you’re also out of luck if the Canada-based bank to which your PayPal account is linked happens to be owned or part-owned by US-based business interests (which is, in fact, every major bank in Canada). Thanks to the still-prevailing US federal law, PayPal will simply disallow such transactions.
Absolutely. Much of this depends on changes to Canadian gambling law and, sorry to say, greater liberalization of the law in the US. This is written from the first half of the Trudeau Era and the beginning of the graveyard spiral undertaken by the Trump Administration, but we’d guess that both countries – particularly the southerly one with the explicitly pro-gambling guy as prez, should allow more permissiveness with regard to using conventional payment methods such as PayPal at online casino websites.
Any casino approved by the provinces will take PayPal, as will many based in Europe. You can also check the pages of Casino Canada to find trusted and regulated casinos accepting payment through PayPal.
Certainly! Lots of electronic payment methods – some extremely similar to PayPal in look and handling, but not in barely-legal restriction of private funds – exist as alternatives to PayPal and many are taken worldwide in online casinos. Check with your favourite casino site; they may even automatedly assist you through the signup process of a given e-wallet option.