PayPal have established themselves as one of the most popular payment methods for online products. Due to its hassle-free, quick and easy transaction process, it has made its way into many markets, one being the online casino industry. Here is a range of the best online casinos that accept PayPal.
Best Online Casinos that Accept PayPal
PayPal are one of the most go-to payment methods when people want to transfer money to other friends or even pay for things online. PayPal is a very experienced company that have been around since 1998. They are in fact the primary payment method for some of the biggest e-commerce stores, like eBay. They are also an option on other worldwide stores.
There are a huge number of online casinos that you can find in the US market, which accept PayPal as a method of payment. However, each casino can differ from one another and not offer the same gaming experience as each other. That is why our team of professionals have in-depth casino reviews, that take a look at the features of all the PayPal casinos we showcase, in order to provide you with the very best casino, for the ultimate gaming experience. You can read each review, by clicking on the review button of the casino.
What is PayPal?
PayPal is an American company that operates one of the biggest payment systems across the globe. It is extremely convenient for a lot of reasons, the main one being that you do no need to expose or enter in much information in terms of banking, to be able to make a transaction, like you do with card payments and other methods.
When this company first began, it ran under the name of ‘Confinity’, which had a more specialised focus on being responsible for security on hand-held devices. It had a software that wanted to make these types of devices safer for customers to use. It was then in 1999, when the company decided to enter the online payment market and services. In 2002, that was when PayPal became the payment method provider for eBay, allowing customers to make payments and by goods within the press of a button.
How to Use PayPal
PayPal is one of the simplest payment methods to use and the process in which you take in order to deposit funds to your casino account via PayPal, is very secure and convenient. All you need to get going with PayPal is a valid email address for yourself. Then as soon as you have created just a general PayPal account, this is when you can start adding your bank accounts or receiving and sending money.
Depositing & Withdrawing
Most online casinos now accept PayPal, it is one of the first e-wallets that you see listed at US casino sites. Due to it being an electronic wallet, it means that customers will have to accept the terms and conditions that come with it. Some PayPal casinos can be more lenient than others. What we mean by these restrictions, are things such as only being able to withdraw a certain amount, etc. Make sure you are aware of the terms and conditions before you sign up to a casino.
How to Make a PayPal Deposit
- The first step to making a deposit is to create a PayPal account. This is a very simple process and in order to complete this, all you need to do is head over to PayPal and complete their easy registration process to create an account. If you already have one, then this doesn’t apply to you.
- Once you have an account, choose a PayPal casino from our list to register with. Take a look at what each casino has to offer using our casino reviews and then pick your favourite.
- When you register an account at the new casino, make sure you select PayPal as your preferred method of payment.
- Once you have made an account, it is time to make a deposit into your new casino account. Head over to the account settings and choose the deposit options. Enter in the amount that you would like to deposit.
- Enter in your PayPal login details when asked, and then click confirm, so that PayPal know you are authorising this payment.
- Head back to your casino account and the money should appear straight away, ready for you to spend on the casino games.
The minimum deposit amount of PayPal at casino is relatively low, you are able to deposit a minimum of around $10. Some PayPal casinos may have it higher, others lower, but this is a general rule. In some cases, for example bonuses, there are exceptions.
Countries that Accept PayPal
There are a lot of different countries that accept PayPal. However, one thing to be aware of is that a casino may accept PayPal, but it may not accept PayPal from your country and therefore you won’t be able to use it at that online casino if your country is one of the ones affected. The most common places in which PayPal is accepted, includes United Kingdom, Spain, Germany, Italy, Portugal, Sweden, Ireland, Denmark and loads more. PayPal only affiliate themselves with casinos that are licensed under a gambling commission, and therefore that could be another reason as to why particular casinos don’t accept them.
The amount that you can claim in bonus funds can be determined by the payment method that you want to use. For example, if it is a deposit bonus, the percentage that the casino is willing to match your deposit with, can be affected by payment option you use. PayPal can tend to give around 15%. Some PayPal casinos are a little bit strict in the way that they decide not to let customers use PayPal as a method to claim bonuses, they prefer to make customers use card payments.
It is not PayPal themselves who incur fees and add these to deposits and withdrawals made by the customers. It is in fact the casino themselves that do this. This is why it is something that you need to be wary of. Some PayPal casinos may add a little percentage fee on top of the PayPal deposit. Betfair casino are an example, they add a 1.5% fee onto PayPal deposits.
Gambling via PayPal
It comes at a surprise to a lot of people that we are seeing a decrease in the number of players entering a land casino in order to play their favourite casino games and potentially walk away with their pockets full. The experience that you can get at a brick-and-mortar casino is truly excellent and is always being adopted to make it better suited for the player. The fact that you can sit there at a table, interact with the dealer and other players, have your betting chips and dollars at the ready and also be able to have service that providers you with drinks (some of which are free), straight to where you are sat, so you don’t have to get up and leave the table, or slot machine, or any other casino game.
So why do people want to bet online instead? Well, it is the simple reason that it can be more convenient for a lot of reasons. Of course there is the obvious reason that you can do it from the comfort of your own home and you do not need to travel anywhere, it is so easily accessible when all you have to do is pull out your mobile device and start playing. But, there is also the suggestion that payment methods like PayPal have increased online gambling, as apposed to land casinos, due to the fact that it reassures customers more, to process online transactions with the casino, in a safer manner as apposed to using card payments, where you are exposing your card details to the casino, and some customers worry about the safety of this. PayPal casino sites offer that extra level of security, as you don’t need to give your card details or banking information to the casino when you want to withdraw and deposit funds to and from your betting account.
Just like other online payment methods, such as Bitcoin, PayPal has a wallet. This is not a physical wallet, like you may have, this is a virtual wallet. The online wallet is extremely secure, it has SSL encryption, which stops hackers being able to access your account. There is also a pin that is needed in order to access the account, the only person who should know the pin is the account holder. PayPal will also monitor each payment, to avoid identity theft, fraud and phishing.
With any payment method, there are transfer speeds and times that occur with each option. Some payment methods are faster than others, and PayPal is one of the fastest. Money that you transfer with them, can be processed immediately. That means that as soon as you deposit funds into your casino account, you can instantly begin playing your favourite online casino games.
If you are processing a withdrawal, then the time it takes for that to happen can be a little longer. It can sometimes take a few hours or even days for the transaction to be complete and for the funds to be in your PayPal account. Once it is then in your PayPal account, if you want, you are able to move it over to your bank account.
It has been recognised that PayPal are in fact one of the fastest withdraw and deposit methods at online casinos. It is also one of the most reliable due to the security and the ease of use of it. Unfortunately, in the US, you will not be able to withdraw any funds via PayPal, this is because of the Unlawful Gambling Enforcement Act. This is recognised as the UIGEA. You are able to deposit using PayPal, but if you want to withdraw, you will have to find an alternative method.
PayPal: Advantages & Disadvantages
There are a lot of advantages to using PayPal. These advantages are what make it one of the most commonly used payment methods for online gambling. Here are some of the advantages with PayPal:
- It is such an easy payment method to use. It requires little effort to process a transaction with them and register an account. You do not need any card details; you just need your PayPal login.
- PayPal is one of the most secure payment methods that there is. They have really done their best to make PayPal extremely secure, using SSL encryption and also having their team watch every transaction that a customer makes.
- It is that popular that you may already have an account with them, which is enough to suggest you should continue to use them.
- PayPal only allow casinos to use them if they are fully licensed under a gambling commission, meaning that the casino is safe and secure.
As well as there being some advantages, there are also some disadvantages that you should be aware of. These disadvantages might not matter to you, but they could possibly put you off the casino, so it is best to know about them. Here are some disadvantages that some people associate with PayPal:
- Not all online casinos allow customers to use PayPal. This is a shame as it means there is a possibility that the casino you want to use, won’t allow it and therefore you won’t be able to use it.
- There are some country restrictions, which means that if you are I nan area where it is not accepted, you won’t be able to use it at all.
- You may not necessarily be able to use it to claim bonuses.
PayPal Mobile Casino
The casino industry is shifting so that customers are starting to realise the convenience and immediacy of mobile gambling. For this reason, all online casino is mobile optimising their sites. This means that you will be able to process casino transactions using PayPal, on your mobile device. The same process is used for mobile gaming. In the same way you would use PayPal and make transactions on a desktop device, you would do via PayPal. PayPal also have a mobile app that you can download on your mobile device.
The customer support at PayPal is excellent. To be very competitive in online payments and to compete as one of the most secure payment methods, you have to have efficient customer service. There are many ways in which you can contact PayPal. If you head over to their “Contact Us” page, you can see the different methods that you can use to get in contact with them. Their customer service is active for 18 hours during the week and 16 during the weekend. This is if you want to use their live chat support. Their telephone support is open from 4am-10pm during the week, and 6am-10pm weekends. There is also email support which is available 24/7.
Alternatives to PayPal
There are a few different alternatives to using PayPal as your preferred method of payment. These alternatives have their own advantages and disadvantages. You can also read our reviews on these alternatives to see how they compare to PayPal.
Skrill is one of the most common comparisons to PayPal. This is another extremely safe e-wallet that customers tend to use. When it comes to depositing, you cannot deposit as much using Skrill as you can using PayPal. Skrill allows you to deposit a minimum of $5 and a maximum of $5000. When it comes to withdrawing, you can withdraw a minimum of $250, which is extremely high, and you can take a maximum of $2500 at a time, which is very low in comparison to PayPal. Funds can take up to 7 days to reach your account.
The way in which Neteller operates is very similar to Skrill. It is a similar process to make an account, make payments and more. The only real difference is the deposit and withdrawal amounts. Using Neteller, you can deposit a minimum of $10, and a maximum of $1000. This is considerably less than PayPal and Skrill. The minimum withdrawal amount is $10, which is beneficial for players, and the maximum is $50,000, which is a lot more than Skrill. However, they replicate each other’s withdrawal speeds of up to 7 days.
Paysafe is very popular but less common than the other alternatives. Paysafe is a good method for penny punters. The reason for this is that the deposit and withdrawals can be as little as a $1 minimum. The maximum for both is also $4000. This is a good minimum to have, it is what some customers want, but the maximum is not too convincing.
Countries Restricted for PayPal
Unfortunately, there are a few countries where PayPal isn’t accepted. This could be a problem if you are wanting to use PayPal as your preferred method of payment. The countries that it may be restricted in, include India, Egypt and Turkey.
Is PayPal Free?
Yes, PayPal is completely free, in the sense that you are able to create an account for free and there are no fees added onto the transactions.
Can you use PayPal at online casinos?
PayPal can be used on the PayPal casinos that are listed above. Not every casino will accept it.
Do I need a PayPal account to use it at a casino?
Yes, you must create a PayPal account before you then use it at a casino. You can do this at the PayPal website.
How much can I deposit using PayPal at a casino?
This depends on the casino itself. Different PayPal casinos offer different deposit amounts. Some offer very low minimums, others offer high. This is the same for maximum deposits too.
What if my currency is not supported by the PayPal casino?
If this is the case, then PayPal will automatically convert the currency to something that is appropriate for the casino.