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PayPal Online Casinos
Online casino players, when choosing a site to join, have to make many wise decisions, decisions they won’t regret later. Since they have a wide choice of sites to join, they have to inspect several to see whether they offer the right licenses, certificates, software and payment methods to provide them with a safe and fair online gambling experience.
And while all of these things are important, it is essential to find an online casino which offers payment methods that could provide them with secure and fast transactions. There are many financial brands that can, but none as good as PayPal. PayPal has been used all across the world, across many industries, and it has the reputation of a payment method you can trust. Why use PayPal across online casinos?
Top Paypal Online Casino Sites
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PayPal FAQs
What is PayPal?
PayPal is an alternative to traditional payment methods, an eWallet that is available in over 200 countries across the globe, which offers safe, secure, efficient, and convenient transactions.
Do fees apply when transacting with it?
The eWallet can be funded with several traditional methods, so the fees would depend on the method you use to fund your account with. Currency conversion fees would apply, as well, so before you decide to use it, make sure you inform yourself more on the charges.
Does it implement security measures?
PayPal prides itself on the security measures it implements and has a reputation of a very safe method, as it blocks countries known for disreputable behaviours, it protects users’ funds with its Security Key and it complies with all the regulatory standards.
Can transactions with it be cancelled?
If the transaction is “pending”, you can cancel it, but if it is on the “review list” you cannot. Just access your account and check the transaction status to know more about it.
Are there special bonuses for PayPal users across online casinos?
Yes, indeed. Many online casinos encourage the use of this eWallet, and as a sign of goodwill, they craft special bonuses for PayPal users. If you’re looking for such bonuses, search for PayPal online casinos and check out their Bonuses and Promotions page. You should find an offer there.
About PayPal
Established somewhere around 1998, PayPal is a world-recognized online payment solution that has proved to be an excellent alternative to traditional payment methods. It is based in California, therefore, it is a US payment solution that has gone global throughout the years. It was purchased by eBay, and it has never stopped evolving.
Sure…
…just like most global payment solutions, it has had its ups and downs history, but eventually, has managed to maintain its image as a top online payment method. It is used on a daily basis by millions of people all across the world, for all types of purchases and payments, as well as online casino deposits.
Essentially…
…PayPal is an eWallet, created to simplify online transfers and make them quicker and easier for users to send and receive. The company behind it has worked hard to gain the recognition it deserved with hard work. Eventually, this dedication brought it more than two dozen prestigious awards at many financial ceremonies, which in return, has further strengthened its position as a world-class alternative payment method.
This incredible eWallet is today available in more than 200 counties across the globe. But, due to regulatory reasons, it is not a solution available across all online casinos. For instance, due to the credit card ban in the UK, it is not an option for UK players anymore. Due to regulatory reasons, the German government ordered it to halt online casino payments, too. On the other hand, the eWallet was excluded from and then re-entered the US market, due to the US’ ever-changing online gambling laws and rules, more on that here.
Therefore, when it comes to…
…its availability across online casino sites, you will see that it is accepted across most online casinos, with country restrictions that apply for players from jurisdictions like Germany or the UK, as explained. You can visit any online casino that comes to mind, check its payment methods list and you’ll see its logo there. The reality is, this is a payment solution that has been around for over two decades, and therefore, it has managed to get hundreds of operators’ attention over the years. Not only it is available across these sites but is often listed as a recommended payment solution.
Types of Services Offered
Throughout the years, PayPal has been mostly used across online casinos as the eWallet that it is. But the company behind it has launched several other products that are worth mentioning.
One of these products is the PayPal Connect…
…which is separate from your eWallet. It is a line of credit available not in all, but only in certain countries. To use it, you have to get credit approval from your bank.
Another one is PayPal MasterCard…
…designed in collaboration with the global financial brand MasterCard. Just like any MasterCard-related product, this product serves for you to make purchases anywhere where MasterCard is accepted. But what’s great is that it is connected to your eWallet and you can access and check the funds you have on your account via any ATM.
The eWallet itself…
…however, as mentioned, is the one that’s mostly used across online casinos. Just like any other eWallet, it allows you to make quick and cost-effective transactions all across the internet. It is worth mentioning here that it is super easy to get started with, and protected with the latest encryption technologies, to provide you with exceptional online banking experience.
Getting Started
To get started…
…you would need to create an account with it. Considering it is a method with a rich history, it is a method that takes regulation, safety and security very seriously. That’s why it would request from you to present ID documents, your social security number and other verification documents, as well as your name, surname, email, and home address. This is all required out of tax reporting and regulatory reasons, and for your own good.
The next step would be…
…attaching a bank account to your eWallet, or a credit card if you prefer. This is because you need to fund your eWallet, and you can do that with a bank transfer, a credit card or another PayPal account, the MasterCard or the Connect products. When you’re funding your wallet, though, keep in mind that credit cards charge fees of 3% but bank account transfers are fee-free. A 2.5% currency exchange fee applies if you want to make a transaction with a currency other than the primary one you choose upon your application.
Once everything is set up…
…and your account has been approved, you can start using across all online casinos that accept it. Make sure you choose a reliable online casino site to join and start playing your favourite online casino games.
PayPal at Online Casino Sites
Using PayPal across online casinos for depositing and withdrawing is extremely easy and intuitive. Provided you’ve found the right online casino for you, make sure you visit its Banking or Cashier page. While there, find PayPal’s logo. Click or tap on it, and you’ll see a new window opening.
Enter your account login details…
…and make sure you go through the authentication procedure, as required. Enter the amount of funds you’d like to have on your online casino balance, and confirm the transaction. Depositing with this eWallet is as easy as that. Once the transaction is confirmed, you can see the money being transferred to your online casino account in an instant.
Withdrawing your winnings…
…is as easy. You would need to repeat the same procedure as just described, therefore, visit the Banking/Cashier page, find its logo, authenticate your request, enter the money you wish to cash out, and send the request. Once the casino checks it and approves it, the money will be on your account in no time. Keep in mind that the casino may take its time to verify your request and approve it, but once you get the approval, this payment solution transfers the money right away. That’s why it is considered one of the methods that provide the fastest payouts across online casinos.
Limitations and Requirements
Other than the things mentioned so far, PayPal does not come with special limitations and requirements. Sure, you have to authenticate and identify yourself upon registration, and yes, you need to pay some fees for funding your account and using different currencies, but that’s only normal.
We could say that there are country restrictions, but these are insignificant compared to the fact that it is a payment solution available across more than 200 countries. Therefore, before you choose to use it, make sure whether it is accepted in your country, and if yes, just proceed to create your account with no worries on your mind.
Advantages and Disadvantages
The search for the perfect online casino payment method can be quite exhausting, but if you take a look at the advantages and disadvantages of using PayPal, you’ll see that you’ve found yourself a potential solution to use. If you compare all the pros and cons, you’ll see that this is nothing but an excellent payment method to use. You can use it for both deposits and withdrawals, which is not something you get with all payment methods. You can make cost-effective transactions with it, as the fees it charges are nothing compared to fees by other methods. And you’ll see that it is available across hundreds of online casino sites you can choose from and play at in an instant.
As an online casino method…
…PayPal will provide you with the safety, security and anonymity you need. Once you fund your eWallet with your credit card or bank account, you can transact with it across online casinos without sharing any banking information. And, thanks to its high-level security measures, you can rest assured that your funds will be kept safe from third-parties. Also, the fact that you can use only the money you funded it with to play across online casino sites gives you the advantage of good bankroll management. You won’t be spending more than you wanted, more than you can afford, and you won’t be able to develop any unhealthy gambling habits. Finally, of course, we must emphasize the fact that this is a solution that is super easy to use, convenient and efficient, as it enables you to move money across the internet in just a few taps or clicks on your device, in an instant.
On the other hand…
…as mentioned, since it is connected with banks and credit cards, PayPal is not available across some major gambling markets like Germany and the UK. Due to their respective restrictions, all methods tied to credit cards are banned. But hey, there are over 200 countries that do accept it and that’s why it is still a global solution that can be used across many online casinos. As long as you are not a player from the banned countries, you can use it and enjoy a seamless online gambling experience.
Final Analysis
PayPal is, indeed, an excellent payment solution to use across online casinos. It comes with low fees, it offers fast transaction times and it protects your money with the latest, most advanced security measures.
It is a globally-accepted method…
…a method available in hundreds of online casinos, and this only further proves why it is considered one of the top solutions to be used across the internet. With millions of users on a daily basis, this eWallet has definitely deserved the recognition it got. If you were doubting whether to use it as your online casino payment method, hopefully, you’ll come to the right decision now, after reading this overview, and you’ll decide to do give it a chance because it has nothing but great things to offer.
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PayPal Online Casinos
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