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A Quick Look into the PayPal e-Wallet
Established in 1998, today PayPal is the number 1 Money Services Business out there. It doesn’t matter where you’re from, you’ve heard of it. Since then, the service has transformed several times. It’s been in the hands of Elon Musk, a part of eBay, and in partnership with Mastercard. Today, PayPal has more than 300 million users across the globe.
It’s operational in 200+ markets. Users can receive money in 100 currencies. Withdrawals can be made in 56 currencies. And each account can be in any of the 25 available currencies. PayPal has become one of the most trusted and preferred platform for exchanging money over the web. It connects people, it connects consumers with merchants. The service provides flexibility, security, and reliability.
With mobile phones becoming essential parts of our daily lives, PayPal had to be there. And today, they are – with apps for both iOS and Android users. The service’s mobile app has been downloaded millions of times. For iOS users, you need to have an iOS 11.0 or later, to run the latest version of PayPal. It is compatible with all products – iPhone, iPod Touch, and iPad. The app is available in 35 languages! All Android users will be able to use the app, as well. As of writing this article, the last update to it was on January 8th, 2021. As long as you have a device running on Android 5.0 or higher, you can run it.
PayPal has always been at the forefront of fintech innovations and improvements. With new partnerships (like those with Instagram and Uber) established every year, it will remain there for a long time. Being one of the most trusted online money-transfer services made it, naturally, a great choice for online gamblers, as well.
Making PayPal Casino Deposits
The top online casinos that accept PayPal are among the safest platforms. It’s not uncommon for players to choose casinos based on the supported payment methods, and PayPal casinos happen to be a good catch, and here’s why that is. PayPal is quite picky with the merchants they choose to do business with. And so, there’s a long list of requirements that a PayPal casino must meet in order to be accepted by the payment provider. This is great for players, just as much as it is for the casinos themselves. It’s a win-win, as long as the gaming platform manages to answer to the high online PayPal casino standards.
For one, PayPal is among the most popular payment methods with almost a whopping 10 billion transactions in 2018 alone. Hence, there’s a very large number of players that use PayPal in general, so it caters to a wider audience. Aside from that, the payment provider obviously has a proven track record and there’s no question as to its reliability or safety. And then for players, the benefits are quite apparent, too. You get to enjoy fast and secure payments, both to and from the PayPal online casinos of your choice. Let’s have a quick look at how deposits work.
Location is another big factor when choosing a PayPal casino, UK being a popular one. And it’s not always simply about players being accepted from a given country, although that’s also very important. When it comes to PayPal casinos, UK platforms tend to be subject to additional regulations. In fact, one of the world’s most respected gaming authorities is the UK Gambling Commission. And so online casinos (UK, PayPal accepted) must answer to even stricter and more severe rules than gaming sites in other jurisdictions. So, you get that double layer of security if you sign-up with a UK PayPal casino.
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PayPal Casino Withdrawals
Finding casinos with PayPal deposit options isn’t enough. Online casinos that accept PayPal deposits and withdrawals is what we’re after. Nobody wants to put money into a casino with no chance to get it back the same way. And as a rule, in most any casino, PayPal deposit will usually also mean the online casino allows PayPal withdrawals. But it’s important that you make sure of this beforehand. Head over to the payment methods section of your desired casinos that accept PayPal deposits. And check if the same method is also available for withdrawals.
Another thing to look out for is the time frame. If they offer the option of an instant PayPal withdrawal, casino sites definitely get bonus points from us. In fact, a fast payout is among the most sought after features in any gaming platform. So much so that when assessing a given online casino, PayPal payouts can mean the difference between that casino gaining or losing a customer. If you’re convinced your casino of choice allows PayPal withdrawals, let’s see a quick overview of the process. There’s nothing difficult in it, it’s quite similar to the deposit process. And you can expect to benefit from instant withdrawals! Most withdrawals take no more than 24h.
Paypal is a preferred payment method since they offer swift withdrawals on top of security. That’s the case with most e-wallets at casinos. With PayPal, withdrawals should not take more than 24 hours. That’s the case with all secure and legit casinos, such as those we’ve introduced to you. To prevent money laundering and other illegal activities, you might be asked to confirm your identity. That’s standard practice at the best casinos.
Don’t worry, the process is quick and painless. After you complete it, the best gambling sites will clear your requests within 24 hours. After that, expect the money to show up in your PayPal account at lightning speed. Of course, withdrawal times might vary depending on the casino. In the reviews for each and every PayPal casino we’ve shortlisted, you’ll see the specific withdrawal times. But as a rule of thumb, withdrawals are instant.
So, of all the best PayPal casinos out there – how do you choose the best PayPal casino for you? That’s a crucial step to make to stay safe! There are certainly many more factors to consider aside from the available payment methods when sifting through the top PayPal casinos. You’ll want to first have a look at the game selection, the online casino offers, the site’s reputation, etc. Some of the best PayPal casino sites may only support offerings from a specific operator. And that, in turn, can prove to be a genuine deal breaker if you already know your way around the gaming world and have established your own preferences.
Luckily, though, some of the best casinos that accept PayPal are up to par on other counts as well. Appearance, ease-of-use, and quality support are usually high on the list of players’ priorities. So, once you’ve rounded up a selection of sites that support PayPal, chances are they will cater to most of your needs and wants. But there are even more important indicators of reliability, and we cover them all when researching PayPal casinos!
New PayPal Casinos 2021
New casino sites accepting PayPal are becoming more and more common online, so there’s a whole bunch of new PayPal casinos to choose from. In fact, you can even find a great new PayPal casino that was launched as early as this year. Of course, there’s the fact to consider that the latest PayPal casino platforms haven’t stood the test of time yet. And in this industry – time is often a factor that speaks volumes. Unreliable, unsafe, or otherwise questionable casinos simply don’t survive very long. So if you’ve come across a platform that’s been around for years and years, it’s a good indicator of the site’s reputation.
That’s not to say you shouldn’t trust the new kids on the block either, though. As a matter of fact, we’ve even listed some of the latest PayPal casinos in the industry here. So far, there’s nothing to suggest they’re untrustworthy. Quite the opposite. Since their launches, we’ve seen them strive to outperform their competitors and provide their customers with a worthwhile experience. Should that have not been the case, these new PayPal casinos wouldn’t have made it on this page.
We discussed that PayPal is quite picky with the merchants they partner with. Online gambling sites included, and they’re under scrutiny! If you see that a casino accepts PayPal deposits and withdrawals, it’s a good sign. This means that the company has made the effort to research the gambling site and allows to be featured on it. Another thing that’s possible, is that your casino is part of a big white label that provides top-to-bottom services to casino operators. That’s also a good sign.
Thanks to that, many online casinos manage to find their place in the spotlight. They acquire licenses from leading authorities like the UKGC and the MGA. They have their games monitored. And they hold a certificate for fairness. Those are all crucial elements of any secure casino out there. We don’t bother with researching casinos that can’t cover this basic minimum of safety requirements. Other elements, of course, include SSL encryption of personal information and professional, responsive customer support. That’s what makes a safe casino. We’ve made sure to introduce only to PayPal casinos that can live up to those expectations!
Having access to a wide variety of games at PayPal casinos is a must! Being able to play on desktop and mobile is part of the deal, as well! The best casinos accepting this method usually have impressive lobbies. There are no limitations as to what games you can play. You’ll find games by leading developers, in a variety of categories. You love slots? Jump right in! Or maybe table games? No problem, pick your poison – virtual or live!
The best part of using PayPal as a payment method is its flexibility. You’ll be able to play wherever and whenever you are. In case your account balance is depleted – don’t sweat it! Make a quick deposit on-the-go! You scored a big win? Submit that withdrawal request immediately! Of course, it will be most beneficial, if you join a mobile-enabled casino, as well! Here’s just a look at what you can find at top PayPal gambling sites.
PayPal allows you to quickly join a casino and start playing immediately. As long as you have an account, nothing’s standing in your way! If you already have a PayPal account, and it’s funded, you’re a couple of steps away from playing!
Bonuses are a huge part of having fun at any casino. Unfortunately, when using certain methods, you can’t claim a bonus. Not with PayPal! When using e-wallets like Neteller and Skrill, you’re usually not eligible to claim a welcome offer. That’s due to security concerns. That’s not the case with PayPal. Since the e-wallet requires you to verify your identity and has a lot of safety measures in place, it’s not raising any red flags. You’ll be able to claim any welcome offer available to you.
Bonuses are a great way to explore any casino, get a taste of the games, and just enjoy them. Do remember that not all PayPal-eligible bonuses are great, though. Some come with huge wagering requirements and that might cause you headaches going forward. Checking if your payment method is eligible for a bonus and what are the wagering requirements is a recipe against headaches!
There’s a ton of advantages to using PayPal for your online gaming deposits and withdrawals. We already covered all the most important ones. It’s a safe payment method that ensures you don’t have to worry about your money getting lost, being stolen or anything of the sort. And it’s very fast, too. Instant payments are highly attractive to players, regardless of how much they spend on gaming. PayPal payments are instant when you make a deposit. And if you’re cashing out, then depending on the platform, you can expect to see your withdrawal in under 2 hours.
But where you gain one thing, sometimes you have to give another thing up. In the case of PayPal – it’s their fees. It’s nothing dramatic, especially if you compare it to some of the other payment methods available out there. Anyone who’s ever used credit cards or bank transfers on an online gaming platform will confirm that to you. But the fact remains that when using PayPal to make a withdrawal from pretty much any casino platform, there will be a fee for the service which is 2.9% + £0.30 of the transaction amount.
Regardless, though, we’ve already established there are many benefits of choosing to play in a casino that accepts PayPal. If nothing else, it’s a hallmark for safety and secure transactions. But beyond that, there’s convenience and efficiency to enjoy. So, all things considered, there’s very little you can go wrong with when using PayPal as a benchmark for online casinos.
When using PayPal for online payments, there are some limits you’ll have to take into account. And that’s valid not just for online casinos. Each gambling site has its own deposit and withdrawal limits you’ll have to acknowledge and accept. But you’ll face limits with PayPal as well. Limits for UK customers are significant compared to those of other users. When you first sign up for the service, your account will be verified. Before you can send or receive payments (in total) of more than £2,500, you’ll have to verify your account, according to the service’s procedures. You can review a guide of those here. Once you verify your identity, all limits will be removed.
PayPal is one of the most secure online payment services. We touched upon this on several occasions at this point, but there’s more to it. Every user who intends to send payments through PayPal benefits from the so-called Buyer Protection. Users are reimbursed in case of fraud, transactions are monitored 24/7, and every transaction is encrypted. You can learn all about it right here. In addition to that, fraudulent activity is prevented through the so-called Customer Identification Program. Like we said, your account will be ‘unverified’ upon registration with PayPal. When you verify your identity, you comply with their policies against fraud and money laundering. Account limits are removed, as well.
All of this makes PayPal a great choice when gambling online. The e-wallet will never partner with sketchy casinos. And it’s a second level of security. Since you send money through them, your financial details aren’t actually exposed to the casino or shared with it. When it comes to security concerns, the e-wallet is at the forefront of ensuring the safety of its users.
How to Open a Paypal Account?
If you’ve set your mind on joining a PayPal casino, but still don’t have an account with the e-wallet, here’s our quick guide you can use. There’s nothing complicated or mystifying in the process.
According to data, 87% of online buyers use PayPal to make payments. It’s widely accepted by merchants and is available throughout the globe. When it comes to online casino gambling, though, there are some limitations. Even if a casino accepts PayPal transactions, you might not be able to use them if the service is not available in your country. In addition, if you want to gamble on credit, you might face further restrictions. Some countries have prohibited the use of credit cards to make deposits. Such is the case, in fact, for UK players. If you want to use PayPal at casinos, you can’t link a credit card.
In fact, you can’t gamble on credit, at all! The ban was introduced in April of 2020 by the UKGC to protect vulnerable players. Your best move in most situations is to be up-to-date on local regulations. What payment options you can use often depends on that, and whether you can open an account with it. If PayPal, for example, isn’t available in your country, check out some of the best payment alternatives we’ve covered.
Of course, PayPal is one of many e-wallets that can be used for casino deposits and withdrawals today. We’ve discussed the most popular ones. You can find dedicated reviews for each of them if you think you can find a better option. Here’s an overview of the most popular names.
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Check out the top 3 Paypal Casinos for Players from United States: