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PayPal Surveys Canada

PayPal Surveys Canada

If you’re looking for survey websites that reward you with PayPal payments in Canada, you’ve got tons of choice. Indeed, many of the largest paid survey websites are particularly keen to gather the opinions of people living in North America, and PayPal is one of the most popular payment methods offered by them.

However, this doesn’t necessarily mean it’s the best gateway to receive payments for your survey-taking.

The majority of the large online survey websites offer their users a vast range of payment options, each with their own pros and cons. Before registering with these websites, it’s worth researching each of these options and calculating which is best for you. It could make a big difference to your overall earnings, especially if you’re planning on spending a lot of time answering surveys.

This guide explains how paid survey websites utilize PayPal, the pros and cons of using this payment option and the alternatives available to you.

Discussion Topics:

  1. What is PayPal and How Does it Work?
  2. Potential Fees
  3. PayPal Payments are Convenient and Safe
  4. PayPal is Ideal for Online Purchases
  5. Pros And Cons of PayPal Payments
  6. List of PayPal Surveys in Canada
  7. Alternatives To PayPal Payments For Canadian Paid Survey Websites

What Is PayPal and How Does It Work?

PayPal is one of the world’s most popular online payment systems, having launched in 1998. It has been available in Canada since 2006.

You can instantly transfer money to friends or pay for goods using PayPal without paying a fee. You can withdraw money to your bank account at no cost too. What’s more, it costs nothing to set up an account.

The popularity of PayPal is one of its main selling points. It has 240 million active users across 190 countries, so the chances of being able to transfer someone money this way is high. There are millions of businesses across the globe that accept PayPal payments too. It’s arguably more secure to pay an online business using PayPal, as this service prevents the seller from receiving your bank details.

Potential Fees

You can use PayPal to send money from a linked debit or credit card, although in this case you’ll pay a fee of 2.9% plus $.30 per transaction. You don’t have to have a bank account or credit card to use PayPal.

If you use an online survey website based outside of Canada, you may be paid in a currency other than Canadian dollars. Typically, this will be USD (US dollars) or the currency of the country the website is based in. You can choose to build a balance in this currency, convert it into CAD immediately or convert it when you withdraw into your bank account. However, when you convert money into CAD, you’ll pay a conversion fee.

Some online survey websites charge a fee of around 2% (up to a specified maximum) if you choose to be paid via PayPal. This is what it costs businesses to send money using PayPal’s mass pay service. Nevertheless, there are plenty of survey websites that choose to eat up these costs themselves instead of passing them on to their users.

PayPal Payments are Convenient and Safe

When earnings are paid out to PayPal surveys Canada participants, they are paid through a fully secure system to your PayPal account. There is no charge to open a PayPal account, and it can be linked to a credit card and bank account. This means that funds can easily be transferred to bank accounts with electronic transfer facilities, and the earnings can also be used to purchase goods and services online from eBay and other major and reliable sites. You can have a balance in a variety of different currencies including US and Canadian dollars and you can access your different account balances to pay for things on other websites who accept PayPal.

PayPal surveys Canada payments are safe and secure due to top level encryption and other security measures that are a standard part of the payment interface of any PayPal surveys Canada site. With PayPal there is no need to deposit cheques or to track deposits, as it offers a user-friendly interface for real-time records of all deposits, withdrawals, transfers and purchases.

PayPal is Ideal for Online Purchases

With many online merchants offering discounts and other special offers for PayPal customers, as well as PayPal rewards programs for Canadian customers who use their balances for online purchases, using a PayPal balance for online purchases can be the best way to buy from popular as well as specialty online retailers. Therefore, electing to participate in PayPal surveys Canada is an ideal way for consumers to become familiar with all of the benefits as well as the convenience and security of this leading secure payment program.

PayPal surveys Canada are highly recommended to consumers who enjoy participating in online surveys, as payment via PayPal means that a reputable and reliable market research firm is using a highly secure payment system the provides high level safety and security as well as a convenient method of paying for purchases online.

Visit PayPal’s website and register for a free account.

Pros And Cons of PayPal Payments

Pros

  • Instant payments.
  • You can spend your PayPal balance with millions of retailers.
  • You can transfer funds from PayPal to your bank at no cost to you.
  • Many survey websites won’t charge a fee to pay you via PayPal.

Cons

  • If you’re paid in a foreign currency, you’ll pay a fee to convert it into CAD.
  • Cash withdrawals can take up to four business days.
  • You’ll typically earn less than if you choose to be paid in vouchers or gift cards.
  • Your account may be frozen due to a breach of terms. This is far more likely to happen than with a traditional bank account.

To sum it up

PayPal is a useful online payment service, which is utilized by plenty of online survey-takers in Canada. However, it’s not flawless. This guide should help you decide whether it’s the best payment method for you.

The following Canadian survey companies offer PayPal as a payment option:

Univox Canada
Earn PayPal cash, Amazon e-cards and prepaid Visa cards for taking surveys.
Minimum balance required to request PayPal payment: $25.00/2500 points (lower limit the longer you’re a member)
Ipsos Canada
Earn points taking surveys, convert your points into cash.
Minimum balance required to request PayPal payment: approx: $15.00 (1500 points)
Pinecone Research Canada
Earn $5.00 for every product survey you complete.
No minimum balance required to cashout.
Opinion Outpost
Earn Opinion Points and redeem them for cash.
Minimum balance required to request PayPal payment: $10.00 (100 points)
Panel Champ
Earn cash and only cash paid by PayPal for participating in surveys.
Minimum balance required to request PayPal payment: $12.50
Swagbucks
Earn points taking surveys, shopping, watching videos, and more.
Minimum balance required to request PayPal payment: $25.00
LifePoints
Earn points taking surveys, convert your points into cash.
Minimum balance required to request PayPal payment: $10.00
MOBROG
Earn $0.60 – $3.50 in cash paid by PayPal for participating in surveys.
Minimum balance required to request PayPal payment: $6.25
Marketagent Canada
Earn cash paid by PayPal for participating in surveys. 150 point joining bonus ($2 USD).
Minimum balance required to request PayPal payment: $2.50 USD
Toluna Surveys
Earn points for the surveys you take. Convert your points to cash.
Minimum balance required to request PayPal payment: 60,000 points ($20.00)

PaidViewpoint
Get paid for each survey you take and have the opportunity to complete easy daily mini Trait Surveys which are worth around $0.03 each. Request a PayPal payment when your account reaches $15 USD.

Alternatives To PayPal Payments For Canadian Paid Survey Websites

Instead of accepting PayPal payments, you may choose to receive your earnings directly to your bank account. Here, the speed of being able to withdraw your funds is often faster, although you may be charged more a higher fee, especially if the survey website is based overseas.

Some survey websites may be able to pay you using PayPal’s competitors, such as Stripe or Venmo. There are several differences to PayPal here, but the major one is that they’re not as commonly used or accepted.

Alternatively, you may opt to receive vouchers or gift cards. Here, the total value of your payment is likely to be higher and you may need not to earn as much to qualify for a cashout. The obvious downside is the limited range of retailers with which you can spend the earnings.