PayPal is one of the world’s leading electronic payment systems and while it is not universally accepted at online casinos, it is nevertheless offered by a number of leading international operators for both deposits and withdrawals.
Check out the list below of the best PayPal online casinos:
If you’ve ever bought anything on E-Bay, or done any sort of online shopping, then chances are you already have a PayPal account — if you do, you’re one of 197 million active account holders worldwide. With a customer base so large, it’s unsurprising that PayPal dominates the world of electronic money transfers.
However, the one area where PayPal is not the pre-eminent name is in online casinos. This is because it withdrew from servicing online casinos in 2003 in the wake of the introduction of the Wire Act in the US, and remained out of the business for some considerable time. That changed when licensed and regulated online gaming was first introduced into three states in the US in 2014; this led to the company reconsidering its position at this time, and it has since re-entered the market.
Despite this change in position, and while the number of casinos where Paypal is accepted is growing, it still can’t be regarded as the most universal of payment methods. Nevertheless, it does offer players a safe and secure payment method, where payouts are processed instantly, and there are no fees for using the service. It is also one of the most convenient methods for playing in a currency other than NZD$ (you can use 25 different currencies in total).
You’ll find that PayPal is accepted at a fairly limited range of online casinos, although those where it can be used tend to be big, international brands and this, combined with PayPal’s outstanding reputation for security, speed and service, means that you can rest assured that if you can use PayPal at a site, you are going to have a first-rate gaming experience.
Some of the casinos that we feature here that accept PayPal include:
The ease of setting up a Paypal is one of its great appeals. All you need is a verifiable email address to get started, and you can then choose to link your account to a bank account or credit card — or both — meaning you have different methods that you can use to move money into your PayPal account. In addition, PayPal does not charge fees for transactions from a personal account, meaning you have more cash available for gaming.
As you use PayPal as an intermediary between you and the online casino (or any other retailer or individual with whom you are doing business), your bank or credit card details are not shared with or stored by the casino. Therefore, important financial data is not sitting on your casino’s servers and this improves security as it means there is one less potential target available to hackers to get access to your private information.
In addition, as a genuine global leader in the field, the levels of security and encryption that PayPal employ are beyond compare and far stronger and more effective than most other comparable services — this means both your funds and your banking details are stored with highest possible levels of security surrounding them.
For casino players, and anyone moving money online, the speed with which transactions can be completed is vitally important, and when you use PayPal to make a deposit, funds are available in your casino account immediately and can be played with straight away. Likewise with withdrawals; once a request has been processed by the casino, your cash is available in your PayPal account almost instantly.
It is also possible to access PayPal from any sort of device — desktop, laptop, smartphone or tablet — on all of the major operating systems, including iOS and Android.
After you’ve set up your Paypal account, it is very simple to move money from there to your casino account. Different online casinos may have slightly different procedures, but in general you need to follow these steps:
In order to make a withdrawal to PayPal, you can follow these steps:
While PayPal is not universally accepted as an online casino payment method, it is available to use at a number of leading international brands. Safe and secure, and offering instant deposits and withdrawals, PayPal is free and very easy to set up and use.