Making a payment with PayPal – Step by step
Making a payment with PayPal is a fairly straightforward process and not unlike the process for many other e-wallets. At Betastic.com CA we want to make sure that you don’t run into any difficulties when trying to set up your PayPal account. As such, we have put together a couple of steps for you to see how you can go about making a payment with PayPal:
- Step 1: You will need to start by creating your PayPal account on the actual PayPal website. Click the “sign up” button in the top right hand side of the homepage.
- Step 2: You will then need to choose between a Personal Account or a Business Account and then add your current mobile phone number.
- Step 3: You will then be sent a specific code number which you need to enter to continue with the process.
- Step 4: You will then need to fill in your name, surname, email address and the password of your choosing.
- Step 5: Lastly, you will have to enter your nationality, your I.D type and I.D number, address, suburb, city/town, postal code and date of birth. Accept the terms and conditions and you now have a working PayPal account.
Once you have completed all the steps you can now get betting with PayPal. There are plenty of bookmakers that accept PayPal as a payment method on their sites so you shouldn’t have too much trouble locating one. You can always visit our Betastic.com CA website and use our comparison tool to find the best bookmakers that accept PayPal as well.
Average time of PayPal for deposits and payouts
In terms of your average processing times on PayPal betting sites we found that there were a couple of variations. Making a bookmaker PayPal deposit with bookmakers who accept PayPal is very straightforward and your deposit should generally show up instantly into your online casino account. This should ultimately remain the standard, no matter which one of the PayPal betting sites you choose.
When it comes to making a withdrawal it may vary depending on the PayPal betting site that you are using. This may be due to security features or simply be down to how quickly the PayPal betting site processes your transaction. However, you can expect to generally wait between 3-5 business days for your withdrawal to clear in your PayPal account. All in all, these PayPal betting websites should retain a fair degree of consistency. If you are unsure you can usually find the information with the FAQs section of these PayPal betting websites.
Neteller Verification Requirements
There are a couple of verification requirements when it comes to fully unlocking the potential for your PayPal betting Canada experience. You can continue to use your account without fully verifying but you will only be allowed to withdraw $500 a month.
In order to fully verify your account you will need to provide PayPal with an I.D document. After doing so and completing the rest of your account sign up process there are a couple more steps in the verification process to fulfil. You will need to verify your phone number and your email address by responding to the message that PayPal sends you for each of them.
You will need to then verify your I.D. yet again but this time through your bank. Enter the code that your bank sends you and there you have it, your account is now fully verified and ready for PayPal betting Canada.
The history of PayPal
The origins of PayPal lie in the merging of two different companies but the idea and payments system was started in 1999 under the name Confinity. In the year 2000, Confinity merged with Elon Musk’s company X.com. The following year in 2001 the company was officially named PayPal. In 2002, the company went public at $13 a share.
PayPal is an online electronic payment method that people can use to make payment from coffee to funding their online casino accounts. The payment method is exceptionally safe to use as it is covered by some of the most advanced encryption technology. This SSL technology essentially scrambles the data while enroute to its plotted destination, only to unscramble the data upon arrival to make the transaction readable.
The e-wallet has become a stalwart in the online casino industry, as people can find many different PayPal betting sites today. PayPal betting Canada has also become particularly popular as the e-wallet provides users with a safe and effective payment to make their deposits and withdrawals into their online casino account.
These days, it is highly unlikely that you won’t find bookmakers that accept PayPal as the e-wallet is becoming more and more widely accepted in the online casino industry. PayPal is one of the biggest, if not the biggest, player in the e-wallet industry and as such you shouldn’t run into any problems when looking for the best PayPal betting sites. It is also very straightforward to get going with PayPal sports betting Canada.
PayPal to other providers compared
PayPal is equally as efficient at making deposits and withdrawals as any of its major competitors such as Skrill, Neteller, EcoPayz or Apple Pay. With PayPal, you have a means to complete your online transactions quickly and with minimal muss or fuss. Betting by PayPal is seamless. But how does PayPal set itself apart from these competitors?
There are two notably unique features to using the PayPal payment method. PayPal has signed agreements with Mastercard and First Data that will allow users to have the option of paying with the PayPal app. This means you will be afforded the same option as tap-to-pay or swiping with your PayPal Mastercard. It makes your PayPal payment experience a little more tangible and allows you to function away from strictly online transactions like with your phone or laptop. Not many other e-wallets can currently say the same which means PayPal certainly has an edge over its competitors in this regard.
When you sign up to any of the available PayPal betting sites, you will find that claiming your welcome bonus (if available) will have some stipulations attached. These conditions will oftentimes exclude the use of Neteller or Skrill to claim any welcome bonuses. What you generally won’t find, is the exclusion of PayPal when it comes to claiming these welcome bonuses. This makes betting with PayPal that much easier. Just one more edge that PayPal has over some of its e-wallet competitors. It’s easy to see why people enjoy PayPal for betting.
Most popular PayPal payment methods
If you are a fan of online casinos then you will always come across a number of different payment methods that are available for you to choose from. At Betastic.com CA we want to make sure that you are truly familiar with the ins and outs of these various payment methods and are well informed on just how safe they actually are to use.
At Betastic.com CA we take you through all the various licensing and security aspects of each payment method to make sure that they are secure and safe enough for you to use. We have done the same for PayPal and we can already tell you that in this regard the e-wallet is 100% okay to use and straightforward to fund your PayPal betting accounts. In fact, it is probably one of the most secure payment methods around at the moment.
Perhaps you are more interested in other ewallet options, or even looking for the best crypto sports betting sites? To find out more about different payment methods and online casino operators who accept them you need only check out our Betastic.com CA website and use our comparison tool and reviews. Our tolls and reviews will help you to separate the wheat from the chaff in terms of what payment methods and online casinos are genuinely safe and secure for you to use.
Q1: Are PayPal betting sites safe to use?
While most online casinos and betting sites are licensed and regulated you always need to be wary and do your due diligence first. Even for the PayPal accepted betting sites. Fear not, as we do this due diligence for you, by checking up on the current licenses of these PayPal betting sites as well as testing the overall security of their webpages and more.
Q2: Are there different PayPal accounts to choose from?
Before you can use bookmakers that accept PayPal as a payment method you will of course need to first create your PayPal account. This is done quite easily but will require that you either choose a personal account or a business account. Decide which account suites you best and continue on with the signup process.
Q3: Do I have to verify my PayPal account?
As we mentioned previously in our review, it is imperative that you verify your PayPal account. If you don’t, you will only be able to withdraw $500 out of our PayPal account every month. This means that you may not be able to withdraw all of the winnings you gained from PayPal betting sites all at once.
Q4: Do PayPal charge a fee when I deposit into my online casino account?
At the time of writing, we could not find any transaction fees attached to any PayPal deposits or withdrawals. This is really great but you may find some discrepancies in the different PayPal betting sites as each site may charge its own processing fees for deposits and withdrawals.
Q5: Is PayPal betting Canada available to use on all online casino websites?
You can find a whole host of different PayPal accepted betting sites but this is not always a given. If you are keen on only using PayPal to make your deposits and withdrawals from your online casino account then we suggest taking a look at our reviews and comparison tool to see exactly what operators allow users to use PayPal.
That brings us to the end of our PayPal article. Hopefully now you can create your account with the e-wallet safe in the knowledge that it is secure to use. Not only that it is secure to use but also that is one of the most widely accepted payment methods on all PayPal betting sites. Finding a PayPal bookmaker should be relatively easy to do.
One thing that really stood out for us here at Betastic.com CA was the fact that the transaction fees for PayPal were almost non-existent. This bodes well for casino lovers who are looking to make frequent deposits into their gambling accounts. All in all, there are few payment methods that we could recommend as highly as PayPal.
PayPal Canada FAQ
✅What bookmakers accept PayPal betting Canada as a payment method?
At Betastic.com CA we want to make sure that our readers know exactly what operators in Canada allow users to use PayPal. That is why our reviews will always cover exactly what payment methods are available to choose from and whether they include PayPal or not. We’ll make sure you find the best PayPal bookmakers.
✍How do I create a PayPal account?
There are a couple of different steps to follow when creating your PayPal account that our review takes you through in detail. These steps are important and we don’t want you missing out on anything that might be important in regard to this popular casino payment option. We make sure to leave no stone unturned when checking out the account sign up process.
🔐Is PayPal a secure payment method to use?
One important aspect that trumps all others is whether or not PayPal is safe for people to use. Our review takes a closer look at some of the security measures that PayPal uses and whether or not we can truthfully tell our readers that it is safe to use.
Our Top 5 Bookmakers Who Accept PayPal