What is the Fee for PayPal Transactions?
When picking an online gambling payment method in Canada, players must be careful not to select an option with backbreaking transaction fees. So, how much does it cost to process payments via this reputable e-wallet?
Type of Transaction | Fee |
---|---|
1 PayPal casino deposits/withdrawals | While deposits are often free, some casinos might charge a small fee for PayPal withdrawals. Read the payment terms at the casino to know the transaction charges. |
2 Withdrawing from PayPal | PayPal to PayPal or bank account withdrawals are free. However, sending money to a linked card has a 1.75% fee plus a fixed fee of C$0.30. |
3 Receiving personal PayPal payments | Personal payments involve things like receiving money from the PayPal online casino. This is free unless the casino has deducted its transaction fees. |
4 Currency conversion | You may want to convert currency when sending or receiving payments. PayPal will charge you a 4% fee whether converting to and from CAD, USD, EUR, GBP, etc. |
5 Credit/debit card confirmation | C$2.75. |
6 PayPal withdrawal limits | PayPal has a maximum limit of C$5,000 per transaction. You can also transact a similar amount per day or week, with a maximum of C$15,000 per month. |