Best PayPal Casinos

Rank Online Casinos Bonus Max Bonus Wager Play
1 Jackpot City CAD Jackpot City 100% $1600 50x * Play Now
2 Spin Palace Canada Spin Palace 100% $1000 40x * Play Now
3 Jackpot City CAD Maple Casino 100% $3000 40x * Play Now
4 Royal Vegas Royal Vegas CAD 100% $1200 30x * Play Now

Which casino is best PayPal online casino for Canadians in 2018?

Jackpot city Casino Canada

In 2018 things have not much changed as far it goes to finding the best PayPal online casino for Canadians.  Though PayPal in Canada is one of the most popular forms of online financial transaction to buy or purchase and do business but for online casinos it’s not allowed and so unfortunately no online casino allows PayPal deposit mode to Canadians even in 2018. This is due to the lack of regulation of online casinos in Canada that you won’t find any online casinos that allow PayPal as a method of depositing online.

It’s not impossible that Canadian gamblers could use PayPal in the (near) future. While PayPal has a very complicated gambling policy, things are not as bleak as it could be: the list of countries where PayPal can be used to fund gaming accounts expands steadily with a couple of countries every year.

Note that PayPal, also sometimes referred to as a web or e-wallet, offers the users the facilities of paying according to their convenience. With PayPal, you can send money anywhere you like, receive money from legal bank accounts and even shop online. It’s convenient, fast to use and supports a wide variety of currencies, including Canadian dollars.

Alternative deposit methods for Canadians

Jackpot City Casino Banking- Alternatives for Canadians

Unfortunately for Canadians, PayPal can’t be used for online gambling. Only UK, Scandinavians and few other European countries get to use PayPal at online casinos.

No need to worry though. There are many other alternative deposit methods for Canadians at almost all of the online casino. Like Jackpot city casino offers over 40 deposit modes to choose from. Instead of using PayPal use either your credit or bank cards, Bitcoins or bank account via InstaDebit, effectively to fund your casino account. Just like PayPal, both of these methods are fast, secure and convenient and found at most online casinos offering wonderful slots.

Besides these there are other various methods that are Canadian friendly and offered by most of the online casinos for east deposits for Canadian players to play real cash games in CAD.

Visa/Master credit card or Bank Cards

Deposits by credit cards

Launched in 1958, VISA is one of the oldest and most reliable credit cards companies today. It is also the largest credit card company in the world. VISA ensures complete security when it is used for an online transaction. It has its own security tool, known as Verified by VISA, to ensure security.

As how verified by Visa is implemented varies from bank to bank. No matter how it is implemented, Verified by Visa checks three things: the validity of the card, that there are enough funds for the transaction and that it’s really you making the transfer. Only after this check is the transaction approved.

Mastercard was launched in 1966. It was developed by a group of Californian banks in competition with the BankAmeriCard (latern known as VISA) from Bank of America. Nowadays Mastercard is the second most popular card payment processor in the world.

Mastercard has its own verification system known as SecureCode. It provides you with a personal and secure security code that you need to use when you complete a transaction.

Verified by Visa or Mastercard Securecode are not the only things keeping deposits safe. Online casinos also use the the same kind of encryption as online banks use to make certain no eavesdropper gets your payment information.

  • In order to use this method to make a deposit into your online casino account, visit the cashier or banking section of the casino and click on VISA or Mastercard credit card.
  • Now look at your VISA or Mastercard issued in Canada and you will need to enter your credit card number and the amount you want to transfer.
  • The transaction will then be verified by the credit card’s verification system.
  • Once the transaction has been confirmed and verified, your funds will be transferred to place real money bets on casino games.

While depositing is identical with VISA and Mastercard, withdrawing is not.

Visa online deposit at casinos

Payouts with VISA: If you deposited with VISA, you can withdraw funds back on to your card. You can then either use the funds when you use your card to pay something. Alternatively you can call your card issuer and ask that the funds are transferred into your bank account.

Payouts with Mastercard: Mastercard cannot be used to make withdrawals. When you win and want to withdraw, the sum of your original deposit is returned to your card. Whatever is left you can withdraw with other methods, like transferring it to your bank account or getting a cheque.

Most casinos don’t deduct a fee from card deposits, but some do. If a fee is charged, it’s usually around 2%-3% of the sum transferred. The reason for the fees is that card deposits are incredibly expensive to process for gambling operators.


iDebit deposit options

iDebit is a safe, secure and speedy Canadian online payment method that allows players to pay online straight from their bank account. iDebit has a similar name to Instadebit which naturally leads people to believe that it is the same company but this is a common mistake. iDebit was launched specifically for the Canadian players and addresses some shortfalls of Instadebit.

The sign-up process with iDebit only takes a few minutes. Users simply have to verify personal information and follow the instructions. There are no set up fees. iDebit deposits are the same as electronic checks in that they are processed immediately, but the debit only reflects in your bank account a few days later. Typically online casinos process a withdrawal within a few days and iDebit transfers it to the customer’s bank account within 2 – 3 days after that. It is important to note that unlike deposits, iDebit withdrawals are only available to Canadian citizens.

When wiring funds to online casinos and the balance in the iDebit account is insufficient to cover the amount, the system will send a transaction to the user’s bank account to cover the deficit.

  • When depositing with iDebit at online casino first verify that your bank accepts iDebit as a payment method.
  • Then select iDebit as your preferred payment option at the banking page and select your bank
  • You will then be taken to your bank’s web page and asked to enter your usual credentials to log in.
  • Confirm and authorize the payment instruction, and the process is completed to play real money games.


Paysafe card

Ukash has been rebranded as Paysafecard and many online casinos offer this payment mode at their banking page. You will be asked to visit the PaySafeCard to buy a PaySafeCard with your credit card, debit card, or through net-banking. It is perfectly secure to purchase a PaySafeCard with any of these transaction methods. Optionally, if you do not have a bank account, you can buy this card at gas stations, supermarkets, or post offices with cash.

This unique card helps you make online payments in 22 different currencies instantly and safely without disclosing any sensitive personal-financial information. When you buy the card, you receive a 16-digit PIN, which is used for making online purchases or currency deposits. A newly purchased PaySafeCard is valid for one year, after which a monthly fee is deducted from the card value.

To use this terrific card, all you need to do is log into your online casino account at online casino Canada, and select the Bank button followed by the PaySafeCard logo. After ensuring you have available funds in Canadian currency, simply use the funds to top-up up the online casino account. Your casino account will be immediately credited with the requested funds from PaySafeCard. You can instantly begin playing your favorite online game.

This card was designed for the sole purpose of making deposits at online casino accounts; thus, this card does not support “withdrawals from casino accounts.” This can pose a serious problem for gamers who do not own a bank account. Also, if you buy this card online, then you will have to reveal your personal financial details associated with net-banking, debit, or credit card.


Instadebit at All slots casino canada

This is best alternative to PayPal in Canada. InstaDebit, allows people accessing online casinos from Canada to make cash payments to online casinos directly from a bank account.
As the name suggests, InstaDebit completes the transaction almost instantly, so there’s no delay in the purchase and transfer of Canadian Dollars to your casino bank account.

InstaDebit, unlike other services, is free for the customer. The merchant bears the InstaDebit transaction fee. The two step sign-up process is fairly quick and painless, requiring a name, address, date of birth, and the last four digits of the player’s social insurance number in the first step and bank information in the second.

InstaDebit runs an identity check prior to activation of the account and also ensures player’sprivacy through the TRUSTe Privacy Program.

After sign up and approval, can be made at online casinos through the use of the email and password identification provided at sign up by clicking on the InstaDebit logo on the vedor website.

Now after entering the sign in information on the InstaDebit page that comes up, you can select and confirm an amount which is then instantly transferred from your casino’s account. All transactions can be viewed on the individual’s InstaDebit account.

As with any online casino payment method, withdrawing funds when you win is a major concern. InstaDebit make withdraws painless with their innovative system. After transferring the money you won from the casino into your InstaDebit account you will be allowed to use these funds for future casino transactions, online purchases or even transfer the money back to your bank account.

Finally remember that there are deposit limits to casinos that may vary in each casino. Usually a minimum deposit at any online casino is usually around $10-$25 CAD. The maximum is around 1,000-2,000 Canadian dollars, although there are exceptions. The biggest exception is which accepts large card deposits of C$25,000.

Best online Canadian Casinos in 2018 with best deposit options

Jackpot City

Spin Palace Casino

Crazy Vegas Casino

Ruby Fortune Casino

Platinum Casino

All Slots Casino

Royal Vegas Casino

What is PayPal Money Pools and how can I fundraise among family and friends?

What is PayPal Money Pools

PayPal has recently launched (in November 2017) Money Pool a solution where groups chip in to raise money to buy things. This service allow people create pages to let their contacts fundraise for a specific item or event, such as buying a group gift, a group trip, or housemates paying the rent.

This service is available currently in 16 countries including Canada, Australia, Austria, Belgium, Denmark, France, Germany, Italy, Netherlands, Norway, Poland, Spain, Sweden, Switzerland, United Kingdom and the United States. Anyone who has a PayPal account in these regions can create a Money Pool, or contribute to one.

Note that this is not open-ended, crowdsourced fundraising as you might have on GoFundMe or Kickstarter. It’s intended for specific items or efforts among family and friends, similar to what Tilt let you do.

The service is free when you use money from your PayPal wallet, or a debit card or a bank account linked to your PayPal account. Standard PayPal fees apply when you have to make a currency conversion or use a credit card that is also linked to your PayPal account.

Once you create a page, Money Pools works similarly to other social funding sites like GoFundMe: you can personalise the page with pictures and how you want contributions to appear either public or anonymously; you can update the site’s activity feed; and you can — important for social-payments — share a link to the campaign with a short URL.

How Money Pool works and help you fundraise for your family and friends?

PayPal Money Pools- How it works

To get started you create a Money pool Page with your PayPal account. You can even access and manage your Money Pools directly from your cell phone too. If you do not have PayPal app then download one for iOS | Android

  • Log in to your account and look for the Money Pools module on your Summary page.
  • Click Create a Pool.
  • Follow the instructions provided.

Creating and running a Money Pool is free of charge. PayPal doesn’t charge a fee to open a PayPal account. Money Pools are available to personal account holders, and where available,  for premiere account holders. At this time, Money Pools are not available for Business account holders.

When you create your Money Pool, you can set minimum amounts for people to contribute or add a specific contribution amount. You can also choose to accept any amount.

After logging in to your PayPal account, you will see your Money Pool on the left side of the summary page. After you click on Details, you’ll be taken to a page with all your existing pools.

You can share your Money Pool with friends and family by texting, emailing, or posting the link to social media like Facebook and Twitter. You can copy the link from the Money Pool itself or get it from the Share your pool box on the right-hand column of the Money Pool.

Money Pools are used to collect money from friends and family. Contributions you receive through your Money Pool are considered personal payments and are not eligible for PayPal Buyer Protection and all contributions taken must be in line with the PayPal User Agreement and Acceptable Use Policy.   If you want to get paid for items or services you sell, then you can set up a PayPal.Me link.

All the money you collect with a Money Pool goes to your Money Pool’s balance. You can transfer it at any time to your PayPal account balance. From there you can transfer to a bank account or spend it online at any of the millions of sellers that accept PayPal. Note that PayPal is not responsible for ensuring that money collected is spent according to the purpose set out in a Money Pool.


Contributing to a Money Pool is easy. Just click the Chip In button on the Money Pool page.  Your contribution will be sent in the default currency of the organizer.  If you’re contributing in a different currency, you may be charged a currency conversion fee. Read more details about fees here.

Your contribution, name and picture (if applicable) will be added to the list of contributors on the Money Pool page.  You consent to have your details displayed when you contribute, unless you choose to be anonymous by checking the appropriate box when you chip in. Only the organizer will be able to see your full details. But be sure you know the person that you are sending the payment to.

You can transfer money you’ve collected to your PayPal account balance at any time. From there you can transfer it directly into your linked bank account.

  • Click Details in the Money Pools module.
  • Select the Pool you’d like to transfer from.
  • Click Manage Pool.
  • Click Transfer Money.

If you want to end a Money Pool Log in to your PayPal account, click on Details in the Money Pools module.

  • Select the Pool you’d like to end.
  • Click Manage Pool.
  • Click Edit Pool.
  • Find End date and click Edit.
  • Click End Pool Now. From this point, nobody will be able to contribute to your pool.

Your Money Pool is visible to anyone who has the link, i.e. anyone you or your friends have shared it with. No one will be able to find your Money Pool via a search engine. If you choose to display your contributor details, your incoming transactions will be visible to anyone who visits the Money Pool.

Why Money Pools were created?

PayPal Money Pools

Money Pools were created to provide the millions of people who already use PayPal P2P with a more personalized and organized way to share expenses with more than one family member or friend for things like travel, gifts, celebrations and even recurring expenses like rent and utilities. This  feature could help stressed holiday shoppers plan their gifts and keep a track of money for group gifts and holiday travel within their PayPal account.

Money Pools could also ease the burden of having to pay the upfront for the full cost of a group gift, and having to chase people to pay you back.
Pools are not intended to facilitate fundraising for activities such as product development and organizers agree not to offer perks, rewards, or other incentives in return for contributions made to a Money Pool.

PayPal’s 2013 acquisition of Braintree (the e-commerce payments provider that competes with Stripe) gave it ownership the well-regarded peer-to-peer money transfer service Venmo, and lately PayPal seems to be taking more steps to give social payments a push. Recent developments have included letting people pay each other money through Facebook Messenger and the ability for retailers to accept Venmo-powered payments.

Can I make a deposit with Paypal at 32 Red Canadian Casino to play real money games?

32 red casino canada

32 Red online Casino is a PayPal friendly casino to enjoy real money games. But if you are registered player from Canada or any of the Canadian states you are not allowed to make a deposit with PayPal. You can but fund your casino account by various other Canadian friendly deposit methods.

32 Red casino is the most choicest and popular among players globally. It’s because this online casino is an award winning Canadian friendly casino licensed by the Government of Gibraltar and the UK Gambling Commission. Also is part of the 32Red Plc Group which operates well known32Red Poker Room, 32Red Bingo, 32Red Sport and multiple brands including the most recent addition Roxy Palace casino which is very popular among Canadians.

Powered by Microgaming this Canadian Casino is known worldwide for its great games, customer support and gaming fun for everyone. Being most trustworthy among players, 32Red operates to the highest standards and is subject to rigorous and regular checks and audits from their licensing authorities.

32 Red a PayPal Casino but not for Canadians

32 Red PayPal Casino Canada

PayPal is one of the deposit options available at 32 Red Casino where you can make a deposit to fund your casino account  as well as withdraw your wins using PayPal. Being efficient and secure mode of financial transaction, PayPal is available at 32 red for both new as well as regular players but unfortunately not for Canadians.

That’s because 32 Red doesn’t allow CAD currency when using PayPal. Only players can use £(GBP), $(USD), €(EUR), kr(SEK) to make a deposit using PayPal. Though 32Red does not charge any fee for PayPal deposits or withdrawals and also your withdrawal will be instantly available in your PayPal account once processed but it clearly mentions that  PayPal is currently only available to players registered in the following countries: United Kingdom, Austria, Finland, Ireland, Italy, Portugal and Sweden.

Other deposit methods available for Canadians at 32 Red Casino

32 Red Banking

Canadians but need not worry as there are many other Canadian friendly deposit methods available to make a deposit to play real money games at 32 Red Casino. You can fund your online casino account by Credit card, Paysafe, Entropay, Direct Wire Transfer and with Ecopayz.

The minimum deposit with all these methods is CAD$10 and minimum withdrawal depends on the mode you choose to get back your winnings.

Games you can enjoy at 32 Red Casino

32 red casino games to enjoy

Once you have made your deposit you can enjoy wonderful games at 32Red casino. There are total 320 slot games, table game of different varieties like Roulette with 9 variations, Blackjack with 26 variations live casino games which are seventeen in number and many other featured and arcade games to play. In total there are over 550 games all powered by Microgaming to enjoy.  32Red welcomes players in 11 different languages and accepts nine different currencies including CAD.

32 Red launched a separate section for cell phone player in January 2008 where you can play a range of 100 different casino games including mobile roulette, slots, blackjack, baccarat, keno and scratchcards powered by Spin3. Just browse to in your phone browser be it safari or chrome and it’s there. Sign in with you current login details or register a new account if you don’t have one already.

Also get CA$32 Free Bonus for ever  CA$20 deposit.  The Welcome Bonus to play slots make double your money before you’ve even started – up to CA$160 Free! If you like Slots, Fruit Machines and playing huge Progressive Jackpot games, register and deposit between CA$20 and CA$100 to claim a free match bonus on your first deposit.

In case of any difficulty in banking at the casino you will find help 24 /7 offered to Cancuks. You can either have a live chat or send them a snail mail at  32Red Plc., 741 Europort, Gibraltar. Also peek through their help section which is good enough to answer all of your gaming or casino queries.

Jackpot City Casino allows PayPal as deposit option – Can I make a deposit with PayPal at this online casino?

Jackpot city Casino Canada

Jackpot City is the best online PayPal casino to play real money games. But unfortunately you cannot use PayPal as deposit option here. Though this casino has loads of other deposit modes for you to choose you will have no problem to play real slot games at this casino all in CAD.

Jackpot City Casino was launched in 1998 and is powered by Microgaming software. Also well know for its timely payouts you can enjoy some of the most popular titles of slots here and have Mega Wins all in CAD currency. With this robust software the games play just as well through a browser as an application, and on cellphone devices as on desktop computers. The casino is certified by eCOGRA  that means it is a licensed casino and has a proper jurisdiction with Malta Gaming Authority offering fair and secure gaming.

Jackpot City- A perfect PayPal Casino but not for Canadians

Jackpot City Canada- PayPal

What makes this casino best online PayPal casino is its vast options to make a deposit and withdraw wins at the casino. Not one or two or five or ten but over 40 deposit options are available at this casino making it one of the unique and number one online casino in the gaming industry. Among so many deposit and withdrawal modes PayPal is also one of the deposit way and players outside from Canada can use their credit cards, debit cards or online bank accounts to send and receive money online via this web wallet.

As PayPal is not the option for Canadians you can use other deposit options that include Skrill, EcoPayz, Paysafecard, Neteller, Visa, MasterCard, InstaDebit, EntroPay, GluePay, Postepay, EZIPay, Lobanet, eCheck, QIWI, ClickandBuy, Diners Club, Maestro, Visa Debit, Visa Electron and bank transfers among others, and ensure that every player in Canada is easily accommodated.  The minimum deposit is CAD$10.

Jackpot City Games to enjoy

Jackpot City Canada games

JackpotCity offers an incredible range of the hottest online slots for Canadians. You can enjoy more than 500 casino games and as the name suggests this casino is full of Jackpot games to play and win big. There are over 300 slot games with wide variety of themes which you can play either in download form or ready to play via your web browser.

There are table games too where you will find huge range of Roulette and Blackjack games with so many variations like the regular European blackjack to Multi-Hand games and Atlantic City Blackjack which gives players the insurance option of ‘surrendering’ their hand in return for half their stake.

Also enjoy live dealer table games and have the real experience of a land casino right at your home. Among video poker you can play Jacks or Better, Tens or Better, Deuces Wild besides other specialty games like Keno, Bingo and Scratch card games. For some more interactive action, you can also take part in some of the slots tournaments on offer. These tournaments are also a really enjoyable way to socialise and get to know other players.

Once you register yourself at the casino you get wonderful C$1600 all free. That means casino will give you 100% back on your first 4 deposits.

Download the free software and Register a New Real Account.

Click ”Deposit Now” to make the first of your four deposits giving you a total of up to CA$1600 in bonus credits.

As well as a sign-up bonus and loyalty programme, there are always themed bonuses for existing players on offer as well. You stand to win casino credits, free spins, new technological gadgets, luxury goods and even exotic holidays. These promotions change quite regularly, so make sure you check what’s on offer whenever you play.

The casino offers 24/7 customer help to Canadians and you can contact by telephone toll free number 1-800-768-1946, email at or live chat, depending on what works best for you.

Which Canadian Poker Sites Accept Paypal?

Poker Stars

Though PayPal is not much used at online casinos or poker sites due to legal issues but still few numbers of such online gambling sites are there that offer Canucks the ease of making deposit with PayPal. These online sites all legit and reputed ones to play in safe and secure environment and use Paypal as one of the deposit methods to  fund the casino or poker sites. Find here four such top rated poker sites to play your games with real CAD using PayPal.

1. Poker Stars

Poker Stars is currently the number one site in Canada that offers an online poker PayPal option, allowing Canadian customers to purchase real money play chips using their PayPal accounts. is one of the best online poker sites that accepts PayPal in Canada or anywhere else. They have a huge selection of games and tournaments, rules and hand rankings, the best software, top customer support, excellent security, and quick payouts. Canadian online gamblers can even hone their skills with play money before they dive in with real cash funded by their payment method of choice. Add the ability to play poker with PayPal to the mix, and you easily have one of the best online poker sites for Canadian gamblers. Click here to know how to make a deposit with PayPal here.

2. Party Poker

Party Poker PayPal

PartyPoker is another site that offers PayPal as deposit mode for Canadians to play awesome poker games, casino games, Sports betting and Bingo games. Licensed by the Government of Gibraltar it offers safe and secure gaming with fast cash outs, 24.7 customer help and fair gaming. At partypoker, as a new player you are offered lucrative welcome bonus of 100% welcome bonus worth up to $500 on your first deposit. You can use your bonus to explore the huge variety of games and tournaments like The Power Series, or weekly tournament lineup. Every week features $2.5 Million Guaranteed and 450+ tournaments, so you’ll find your niche in no time. Click here to make a deposit with Paypal.

3. William Hill Poker

William Hill Poker

The William Hill  poker is another Canadian friendly poker site that accepts PayPal deposit. The casino software is free to download and available for PC and cell phone and deliver online poker at a superior level in the gaming industry, offering the best loyalty program along with continuous promotions and tournaments. Combined with award winning customer service – available 24/7 – William Hill is the only destination for online poker.

William Hill Poker is fully licensed and regulated, poker site regulated by UK gambling commission and offers a wide selection of games, including Texas Hold’em, Omaha and Stud. At any game type like Tournaments, SitnGo and cash tables. The games are available at different stakes that fit players of all skill levels and bankroll size. Also they  offer a selection of over 100 Casino side games that include the latest state of the art design and features. Click here to deposit with PayPal here.

4. 888Poker

888 poker

888 poker is well know poker site online that offers great poker games. With over 10 million registered members worldwide, 888poker is the fastest growing online poker room, with a new player signing up every 12 seconds. Hosting the largest variety of cash games and tournaments online, you’ll always find a table that’s right for you, no matter what your player level or budget.888poker’s team of Ambassadors includes WSOPE Bracelet winner Jackie Glazier, German rising star Dominik Nitsche, who took 3rd place in a WSOP 2015 event and 2014 WSOP November Niner Bruno ‘Foster’ Politano.

888poker is operated by 888 Holdings, a public company traded on the London Stock Exchange since 2005 and a fully regulated online gaming arena since 1997 and their leading gaming software is certified by McAfee, GameCare & ICRA. You can deposit here with PayPal and as a new player grab $88 no deposit bonus alongwith other various bonuses and offers. Click here to know how to make deposit here with PayPal.

There might be few more poker sites that may accept Canadian players and offer PayPal.  If in any case you do not find PayPal as deposit mode in the online poker sites apart from the above described then also you can  play poker by Clicking Cashier,  Buy Play Chips, and on the Payment Method screen, click Payment Methods and choose the one you wish to use as alternative method. In case of any difficulty processing payments with PayPal do contact the customer support team of all the above casinos that are friendly and provide instant help.

Does Paypal report to Canada revenue?


PayPal is the most common means of sending and receiving money on the Internet these days. There are a lot of common questions surrounding this payment system, though, and one of them is how to go about declaring income earned through this virtual bank.

The short answer is that reporting your earnings in PayPal is the same as reporting any other earnings you make. Come tax time, you must file income received via PayPal as you would other revenues.

PayPal isn’t a virtual credit card. It’s a virtual bank account, and any money deposited to your account is considered revenue by the government. You must pay income tax on that amount. It doesn’t matter how long you wait to withdraw your money from PayPal to deposit it in your bank account. If you like, you never have to withdraw a penny and the money can sit in PayPal forever. But that doesn’t mean you’re exempt from paying tax on it.

Lately PayPal had received a Federal Court order, which requires them to disclose information to the Canada Revenue Agency (CRA) about PayPal Business account holders that have received or sent a payment through their account during the relevant reporting period between January 1, 2014 to November 21, 2017.

What information has PayPal been ordered to share with the CRA?

  • The full name of every individual or corporation holding a business account that has a Canadian address.
  • The date of birth of each individual holding a business account.
  • The business name, if applicable.
  • The telephone number(s) of the corporation or individual holding the business account, if available.
  • The full address(es) of the corporation or individual holding the business account.
  • The email address of the corporation or individual holding the business account.
  • The Social Insurance Number and/or Business Number of the corporation or individual holding the Business Account, if available.

As part of their regular obligations, PayPal business account holders are required to file their taxes as appropriate. Details on how to file your income tax returns can be found on the CRA website. The CRA has a Voluntary Disclosure Program that provides an opportunity to change a tax return you previously filed or to file a return that you should have filed. Contact your professional advisor. You can find more information about this on the CRA website. Also note that the Voluntary Disclosure Program will be changing on January 1, 2018. More information about the new program can be found on the CRA website.

As described in PayPal Privacy Policy, they collect and use your information in order to provide services to you, and to help ensure the PayPal community is as safe and secure as possible. Also are also required by law to retain transactional records for a certain period of time.

You can log in to your PayPal business account and select the Reports tab to view your transaction data. PayPal must disclose to the CRA only the total number and value of payments sent and received.

The CRA regularly seeks court orders as part of its mandate under the Income Tax Act and the Excise Tax Act to compel organizations to disclose information related to an individual or business for tax reporting purposes.

The CRA is subject to strict confidentiality obligations under federal laws and therefore your personal details are not shared. For more information on when the CRA is permitted to disclose your personal information, please refer to s. 241 of the Income Tax Act.

Why PayPal casinos are less in number?

Jackpot city Casino Canada

You must have seen that there are very few online casinos that offer PayPal as banking method to Canadians. The reason is that  PayPal prohibits transactions for gambling activities by merchants and account holders in jurisdictions where gambling activities are illegal, and by merchants whose services are accessible to account holders in the U.S.

PayPal allows approved gambling merchants to use their service in certain jurisdictions where gambling activities are legal. To be approved by PayPal, online casinos must demonstrate to PayPal’s satisfaction that they have the ability to block gambling activities for account holders in the U.S. and any jurisdiction where gambling activities may be illegal.

Unless the casinos has been approved by PayPal, account holders may not use PayPal to send or receive payments for any form of gambling activities, including but not limited to payments for wagers, gambling debts, and gambling winnings, whether conducted online, in person, or through any other means of communication. Gambling includes placing, accepting, recording, or registering bets; participating in lotteries; or otherwise carrying on a game of chance for money, property, or other things of value.

PayPal prohibits the following activities, even where the specific activity is lawful and/or is not legally defined as gambling, unless the transactions are associated with an approved online casinos.

  • Games of chance and games of skill –Includes any activity with an entry fee and a prize, regardless of whether the outcome is determined by chance or skill.
  • Casino games -Include (but are not limited to) the following virtual or physical games: baccarat, blackjack, craps, faro, keno, pachinko, pai gow, poker (whether or not it is considered a game of skill in the gambler’s jurisdiction), roulette, sic bo, slot machines, or wheel of fortune.
  • Sports books or sports betting –Includes placing bets on actual sporting events against a bookmaker or through a betting exchange.Horse or greyhound racing –Includes gambling on the following types of races:• Simple betting (betting between individuals).
    • Sweepstakes betting, where large entry fees, or stakes, are pooled and awarded to winners.
    • Bookmaking betting, in which speculators offer odds against each horse or dog and accept bets against their predictions.
    • Pari-mutuel betting, where betting odds on a given horse or dog are derived from a comparison between the total amount wagered on the animal and the total wagered on all the animals in the race.
    • Off-track betting (OTB), where players bet on a race taking place in a location outside of where the bettor is situated.Person-to-person betting –Includes individual wagering and wagering through betting exchanges.

    Lottery tickets –Include the purchase or sale of any opportunity to participate in a raffle, drawing, sweepstake, pool, or any other form of game or contest involving the distribution of prizes or monetary compensation.

    Gaming machines –Include devices meeting the following three criteria:

    1. Constructed or adapted for playing a game of chance.
    2. Containing a slot or other aperture for the insertion of money or money’s worth in the form of cash or tokens.
    3. Offering prizes in money or money’s worth regardless of whether any player is at risk of losing any money or money’s worth.

    Gambling-related ventures –PayPal may also prohibit transactions for the following ventures related to gambling:

    • Gambling services, such as handicapping, or providing gambling tips or instructions.
    • Use of intermediaries to facilitate the process of placing bets or securing offshore gambling licenses.
    • Organized forums that facilitate person-to-person betting.

For casinos seeking approval to conduct gambling activities in accordance with this policy are required to send contact information and a brief summary of their business to

What is Flywire and how it works with Paypal?

Flywire and Paypal

Flywire is a leading provider of international payment and receivables solutions and has added Paypal to  its options for businesses, students and patients making cross-border payments via its platform.

Flywire will add PayPal as a new payment method for payers in Canada, the European Union, the United Kingdom and the United States. The integration will streamline payment reconciliation for clients that offer Flywire for international transactions, and give businesses, students and patients another popular option when making those payments.

Note that Flywire prohibits gambling and therefore you cannot use to fund your casino account as its policy states that you cannot “use the service other than for the processing of payments on behalf of an international student or healthcare patient to a Designated Entity”.

Flywire provides businesses, educational institutions, and healthcare providers with the ability to offer customers a highly-tailored, international payment experience – customized by country, currency and vertical. The platform helps client organizations streamline the management and tracking of international receivables.

How to pay with PayPal?

How flywire works

Flywire works best if you are student or need to pay for your health services. To get started you need to first create your flywire account then select your institution from the flywire homepage and then enter your home country and payment amount. You will get a list of payment options such as paypal or credit card or any given in the payment list and then select your preferred method to make a deposit. Now enter your personal details and payment info and you will get your payment instructions and select the method to pay. You can also track your payment status online and receive email alerts each step of the way.

Note that Paypal has more than 200 million active account holders that use its platform to make payments around the world via mobile devices, in an app, or in person and is one of the most popular payment methods available and Flywire with Paypal give customers a secure and effective way to conduct international financial transactions.

Flywire Company

Flywire was introduced six years ago as a way for international students to pay their tuition for studies abroad, Flywire is now used by over 1,300 organizations across 18 countries around the world. The company processes billions in payments per year from 220 countries and territories, via bank transfer, credit card and e-wallet solutions, in over 120 different local currencies. Convenient, fast and secure, Flywire’s scalable platform provides currency conversion at exchange rates that can offer significant savings when compared to home-market banks and credit card providers. The company also supports its clients with end-to-end customer support including multilingual servicing via phone (toll free number +1 800 346 9252), email, and chat, as well as 24/7 online payment tracking.

Which is better PayPal Here or Square to use as an online mobile payment processor?

Paypal here and Square

In a recent survey by Paypal Canada on about 1,000 Canadian small business owners, it was found that more than 80 per cent didn’t accept payments either online or on the go ans little more than 70 per cent would never consider selling online. Signing up for a credit card merchant account can be difficult enough, involving background checks and legal contracts that can put small businesses off. But Paypal and other such companies like Square have been offering alternatives for those wanting to accept credit cards online, or in person, or both and running with in-store or mobile point of sale solutions.  To find which is better you need to first look at both of these mobile payment processors and judge their fairness to prove which is the best one to use as payment option.

Square has been the brand mobile payment processing since its inception in 2009 and has estimated 2 million registered merchants. Square has made it possible for anyone to accept credit card payments and grow their business with a dazzling and ever-growing suite of tools and apps. PayPal is a big company in all forms of commerce, and it’s dominated the online payments space in particular, with about 8 million PayPal for Business users. In 2012, it ventured into mobile payments with the PayPal Here app, which works with the rest of the PayPal Suite.

Let us compare Square vs PayPal and see which seems better

Services and products

Square and PayPal Here are both mobile Point of Sale (mPOS) services, requiring just a cell phone or tablet to accept credit cards. They’re great for merchants at conventions and trade shows, street vendors, online casinos, repair businesses, professional services, restaurants and retail boutiques.  Basically anywhere that you may not have an actual register, or don’t need a large, complicated POS system, either service will give you what you need.

As far as core features are concerned, you’re going to get the same experience from both. As they both accept all forms of credit, give keyed transaction support, record cash transactions, issue full and partial refunds, apply discounts, have item library with product descriptions, images, and variants, barcodes and SKUs, have receipt printing and receipts via email/SMS as well as cash drawer support and invoicing.

Square’s app is very nearly a full-fledged POS, and it offers several additional services free of charge like inventory management with counts and low-stock alerts and a virtual terminal for example. Also you can add services such as employee management and customer loyalty and everything synchronizes seamlessly in the Square Dashboard. If you want the freedom to create a register setup and use the same app for your mobile sales, you can do that with Square almost effortlessly.

Paypal Here and Square

Find the difference and choose the best

Though Square has put a lot of effort into its eCommerce offerings of late, but it’s still not the most robust option out there. If your online sales are as important to you as your mobile sales, PayPal might be the better option for you.

If you want add-ons, PayPal Here isn’t nearly as robust as Square. Its inventory features are more limited  and most notably, PayPal Here’s item library doesn’t sync with the rest of your PayPal setup. There’s no offline mode to it also.

However, Paypal’s eCommerce capabilities are easily the best on the market. If selling online as well as on cell phonedevices is a priority for you, you shouldn’t overlook the value and compatibility PayPal offers.

But  if you’re just looking at mobile, Square can do just a bit more, and that’s why it ultimately comes out on top. If you want to take either solution to a counter top, Square still offers more functionality — but if you’re selling online as well, PayPal has a distinct advantage.

When choosing an mPOS you look at your technical needs as well as how the app of your choosing fits into the rest of your business. Omni-channel solutions are becoming far more common and they can be a very effective way to manage payment processing and orders across all these different channels.

Supported phones and tablets

To have a cell phone setup all you need is a compatible smartphone or tablet and a credit card reader. You can send your customers digital receipts from either PayPal Here or Square. But if you want a full-fledged register, you can have receipt printer and cash drawer or the entire system.

Both PayPal Here and Square are designed to work on Android and iOS devicesbe it tablets and smartphones. However, you’ll get maximum capabilities out of Square if you’re running an iPad. On the other hand, PayPal Here supports a small assortment of Windows devices as well. You’ve got a fairly large list of supported devices on both, and few compatibility issues on either part.

Supported Card Reader

You get a free magstripe reader from PayPal Here and Square for signing up. PayPal’s only other carder reader option, its EMV reader such as the Miura M010. It’s a Bluetooth-enabled all-in-one reader and it’s fairly comfortable to hold in your hand and you can even get a cradle with built in charger for a countertop setup.

Square has a larger assortment of devices to choose from. There’s a headphone jack EMV/magstripe reader as well as its Contactless + Chip Card reader, which supports NFC and EMV but not magstripe transactions. It also has a dock but it isn’t exactly friendly to handheld use. You can also get the Miura M010 for Square. But PayPal’s version supports both Android and iOS, Square’s only works with Android.

As far as price, that’ll be something you’ll have to decide for yourself. PayPal’s reader retails for $79.99, while Square offers it’s contactless + chip card reader for $49. When we compare it is seen that Square has a larger array of options at more cost-effective price points.

Supported Hardware

PayPal Here and Square both accommodate a variety of receipt printers, cash drawers, even barcode scanners. Depending on what you need, you can get a pre-assembled bundle of hardware directly through Square or through POS Portal for PayPal Here. You’ll save over buying each item individually, but prices vary depending on what equipment you want.

PayPal’s supported hardware offers simplicity, whereas you might find yourself bewildered over the Square options, but also the more affordable hardware and greater selection of pre-designed bundles are nice.

Fees and Rates

While the cost of hardware is notably different, Square and PayPal Here do offer similar prices for credit card processing. Neither service charges any regular fees beyond those incurred per transaction, though with both you can opt for add-on services. If you’re just running the app and maybe eCommerce, you might save a bit fraction with PayPal Here, but 0.05% is a very tiny amount at this scale, and you should consider other factors.

The main advantage to PayPal is how quickly your money is available: Any mobile payments you accept are available almost instantly in your PayPal account. That means if you have the PayPal debit card, you can spend your money right away to online casinos to play slots.

Square where as sends its payments to your bank account within 1-2 business days, depending on when the payment was processed. Payments taken before 5 p.m. Pacific time are available the next business day; payments made after 5 p.m. Pacific time are available the second business day. However, you can also initiate an Instant Deposit for 1% of the transferred sum.

However, if you don’t have the PayPal debit card, or you prefer to route all your funds to your bank account, Square has the advantage. An ACH transfer from PayPal to your bank will take 3-4 days, which could be an issue for some merchants.

Both Square and Paypal Here pricing for their core features that is the mPOS and eCommerce suites are virtually identical. But if you look as how fast you have access to your funds then with PayPal it’s almost instant. You can get your funds right away with Square also for a slight fee. But recurring billing or a virtual terminal will cost you significantly more with PayPal. That marginally lower rate won’t actually save you money until you start processing $10k in just virtual terminal transactions. Therefore you to do the math yourself based on your own processing needs and see which is more cost effective

Advantages that both Square and Paypal Here have

One of the advantages to both Square and PayPal Here is that there’s no contract, no monthly fees, no termination fees. If you don’t like the service, just stop using it and find another one. You can’t get a better deal than that.

In general, both Square and PayPal Here deliver what they offer: an effective mobile payment solution with up-front pricing and no hidden fees.

You’ll find both PayPal and Square have active social media and social media support channels too

Also both have wonderful customer support. Square support has a efficient help support, social media support, as well as Contact Us Form online support. There is phone support too with Square but it is only available if you have a code, which some people have reported having trouble getting. If your account is terminated, you lose all access to phone support.

PayPal Here support goes through the main PayPal system. Again, you can pick the option that suits your needs: Like PayPal Hub Home to get all your questions answered, PayPal Community Forum to get answers from other PayPal users, Social Media: Facebook and Twitter as well as Phone and Email.

Finally it is for you to decide which is better as it depends a lot on your need to avail their services.

What are the five reasons suggested by PayPal Canada so as to use mobile payment at casinos and stores?

Paypal CanadaPaypal Canada is always offering tips and guides to Canadians which work really smart. Lately Paypal Canada suggested five reasons as to why one should use mobile payment or pay with cell phones at casinos and stores. As you know you can pay your for shopping bills, gas bills and many more of such payments with cell phone and but there are many Canadians who do not use cell phone payment options.  According to a survey by Technology Strategies International (TSI), a Canadian technology market research firm, just over 48 percent people in Canada do not have a mobile payment option installed on their phones. On the other hand a recent Nielsen survey says that 29 per cent of Canadians are actively using their phones as a mobile payment system, with over half of these Canadians using a digital wallet on a day-to-day basis.

Also according to IDC, total worldwide consumer mobile payments will reach $3.814 trillion annually by 2020. Moreover,

But for those Canadians who don’t use mobile/cell phone payment options, Paypal Canada advises and suggests you with these following five reasons to do so

1. Cell phone or mobile payment is convenient

Paypal Canada suggest the benefit of cell phone or mobile payment as more convenient. As you do away with physical debit and credit cards means reducing the number of items a person needs to carry. Some applications also allow for in-app purchasing, meaning that shopping can be done all within one place. You can play slots games at casinos and pay with your cell phone through online casino app or directly going to casino cashier with your smartphone. Also if you download a free game app to play like Double Down Casino or Slotomania you can buy in app purchases there and then  while you play with your cell phone.

2. You can easily convert your home currency to other with your cell phone payment

Cell phone services can make payments in other countries more easy thanks to reduced interchange and conversion fees. Suppose you are playing online poker at UK based casino and you need to pay in Euros, you can easily convert your home currency with the tap of your finger on your cell phone while making payment with your phone device.

Paypal Canada

3. Cell phone payment option offers flexibility

A digital payment platform allows travellers to easily swap payment options if a credit limit be reached or cards become locked out. But with cell phone or mobile payments you are encouraged to spend more evenly across different cards. Smartphones open up very exciting opportunities when it comes to business-consumer communication. As phone POS technology evolves, casino will be able to send coupons to opted-in players phones based on their gaming habits or geographic location. They will also be able to offer sophisticated, cell phone-based loyalty programs that will leverage social media and ditch paper punch cards.

4. Cell phone payment is safe

Digital payments do away with the need for having physical money, so users don’t have to worry about lost or stolen cash. Additional levels of security are also available through the encryption of credentials and biometric authentication of payments through fingerprint scanning. Almost all virtual terminals will request the same standard security measures when taking payments. As well as the long card number and expiry date, you will be prompted for the CVV or card security code. One level of the approval of your transaction requires the inputted CVV code to match the CVV code on your card issuer’s file for you.

5. Cell phone payment offers more security online

Using a credit card directly can increase the risk of identity fraud, as payment information is being shared to many different places. With digital platforms such as PayPal, however, credit card information is kept private and not shared with multiple sources. Even when you play slots with Bitcoin is safe and secure with cell phone as you never share your personal details to casino.

So next time you visit any online casino to play games note these Paypal Canada’s five reasons to play and deposit with your smartphone.