Digital payment technologies have totally transformed how we pay for goods and services over the last twenty years or so.
There’s no bigger success story than PayPal. Launched in 1998 it’s never really been bettered and it’s the online payment method of choice for millions of gamers and shoppers all over the world.
At first, it was just associated with eCommerce, but it’s established itself as one of the most popular and secure financial tech solutions globally.
PayPal’s impact on the iGaming sector
One of the sectors it’s had a huge impact on is the iGaming sector. This is primarily because of all the layers of security it offers – often making it much more difficult to breach.
That’s why players using online gaming sites and PayPal Casino sites themselves trust the platform to ensure their money and details are kept safe and secure at all times.
There are lots of advantages to using PayPal for iGaming – and the first one is that it is pretty much universally accepted as a payment method.
Many of the best online iGaming operators in Canada now accept digital wallet payments from different platforms, and alongside this, they’ll also take PayPal too. You must make sure you check to make sure any iGaming platform you use accepts PayPal before you play – for the best experience.
Here are just a few of the other advantages of using PayPal for online gaming.
- It’s easy to use: It’s simple to use PayPal for iGaming – all you need to do is navigate to the section that accepts payments, login, and deposit the exact amount of money you want to – in the same way you would if you were shopping.
- No hidden fees: Any reputable iGaming services won’t charge fees (so beware of any that do) if you’re using PayPal for deposits. Withdrawals should always be free as well – though on occasion some may charge a small fee.
- Fast deposits and withdrawals: At online iGaming sites there can sometimes be a wait of two to three days to get your money. With PayPal, it’s often much quicker.
- Safe and secure: PayPal has advanced security measures – and they’re strict about who they partner with within the online gaming sphere. If you find a gaming site that links up with PayPal, you can usually be assured they’re safe, and secure and you can trust them.
- It’s a standalone wallet: PayPal is a standalone wallet that exists away from your regular bank account. Therefore it’s a good place to keep casino winnings and keep on top of what you’re earning.
Budgeting for iGamers
The best way to play games online safely is to have a budget and stick to it. Let’s look at some figures. If (after you’ve paid all your bills and rent/mortgage) you have $50 left over and you want to game with that, deposit it into your PayPal account, and then you know what you have to ‘play’ with and can stick within your means. Once that’s gone (or you’ve earned some cash back) that’s it – you’re done until the following month. It allows you to set a budget, and stick to it – but still enjoy gaming time and perhaps earn yourself a little more money.
Finding a safe iGaming site with PayPal options
So, many iGaming sites that offer PayPal are more than likely safe and trustworthy. However, there are a few other factors to consider before you run to open an account.
The first of these is to make sure that the company you’re gaming with has a valid license and is recognized by Canadian Gambling authorities – this is for your own peace of mind and safety. If you’re in any doubt, don’t play and keep your money safe.
The second is to consider bonuses and offers. Some iGaming sites offer promotions to new customers when you sign up for a new account with them – and these are worth checking out, as they might offer extra if you deposit money via PayPal.
Thirdly, gaming sites that use PayPal often have an awesome selection of games to choose from – across many different genres, so whether you like classic card games or slots, there will be something to tempt you.
PayPal’s customer service is tip-top
If you’ve had a problem with iGaming or need to talk to someone about a deposit or withdrawal then customer support with PayPal is usually the way to go and you’ll be able to get any issues resolved with them very swiftly. This makes it an ideal choice for gamers who want that extra layer of security when playing.
It’s so important that you never spend any more than you can afford to lose and that you think of using PayPal for iGaming as you would with any other household expense. Stay within your limits and exit when you’re on top!
