First introduced to Canada in 2006, PayPal is one of the most popular online payment services around. It is used by an estimated 425 million people worldwide, including 6.4 million people in Canada. This is largely because it is available to anyone capable of transferring money electronically and can be used on both desktop and mobile.
With the wider regulation of online gambling in Canada in 2023, you can now make deposits and withdrawals using PayPal at a range of sports betting sites. Unsurprisingly, large numbers of sports bettors who are already familiar with how PayPal works are doing exactly that.