Using PayPal as a Casino Payment Method
What is PayPal?
PayPal serves as an online payment solution designed for shopping and making secure transactions in a virtual environment. Numerous online shoppers rely on PayPal daily to conduct safe online purchases through shopping carts and payment portals. To utilize PayPal, you must create an account, requiring at least one valid email address, though you can use multiple addresses if needed. Additionally, you must have an active and in-good-standing checking account linked to your PayPal account. Upon registration, PayPal will make one or more small deposits into your account, and you need to verify the deposited amounts (usually a few cents) to ensure a proper connection. This verification process allows PayPal to draw the remaining funds from your checking account if your PayPal balance is insufficient. For more information on PayPal or to discover top PayPal Casinos, explore this guide today!
About PayPal
Emerging in the late 1990s, PayPal has maintained its position as a prominent online payment solution provider. Approximately five years after its inception, eBay acquired PayPal, and within another five years, the company obtained a European license, expanding its reach. The platform supports multiple currencies, making it accessible to users worldwide, and currently boasts a user base of over 100 million individuals who benefit from its convenient e-wallet services. Buyers can enjoy free transactions, while sellers are subject to a nominal fee for utilizing the system.
Top 10 PayPal Casinos
Bonus: £20 Welcome Bonus on First Deposit
Min. Deposit: £20
W.R: 5x
Cashable: Yes
Bonus: 121% Welcome Bonus up to £300. Significant terms: 18+. New players only. Min deposit £10. Bonus funds are 121% up to £300 and separate to Cash funds. 35x bonus wagering requirements apply. Only bonus funds count towards wagering requirement. £5 max. bet with bonus. Bonus funds must be used within 30 days, otherwise any unused shall be removed. Terms Apply. BeGambleAware.org.
Min. Deposit: £10
W.R: 35x
Cashable: Yes
Bonus: Welcome package up to £1,000 + 100 Bonus Spins. 18+. New players only. Bonus: 1st deposit 100% up to £300 + 30 bonus spins (Reactoonz™), 2nd deposit 50% up to £500 + 50 bonus spins (Book of Dead™), 3rd deposit 25% up to £200 + 20 bonus spins (Legacy of Egypt™). Spins on specified games only. Bonus money is separate to Cash funds & subject to 35x wagering requirement. £5 bonus max. bet. Bonus must be used within 30 days, spins within 10 days, otherwise any unused will be removed. Only bonus funds contribute towards wagering requirements. Full T&C's apply.
Min. Deposit: £10
W.R: 35x
Cashable: No
Bonus: 100% up to £300+ 300 Free Spins on pre-selected games. 18+. New Players only. T&Cs apply.
Min. Deposit: £10
Max. Cashout: £100
W.R: 40x
Cashable: Yes
Bonus: 100% Bonus up to £4 000 + 150 Free Spins
Min. Deposit: £20
W.R: 35x
Cashable: Yes
Bonus: Welcome Bonus package worth up to €1,500
Min. Deposit: €20
W.R: 30x
Cashable: Yes
Bonus: Welcome Bonus package worth up to £500 + 150 Bonus spins selected games. 18+. New costumers only. To be eligible to claim each stage of the Welcome bonus, players must deposit a minimum of £10 for each of the three deposit matches. Full T&C's apply.
Min. Deposit: £10
W.R: 30x
Cashable: Yes
Bonus: $1,000 Welcome Bonus package
Min. Deposit: $20
W.R: 40x
Cashable: Yes
Bonus: 100% up to £100 + 25 Spins. 18+. New Customers only. Min. deposit £15 (no Skrill/Neteller). Wager the bonus amount 40x within 15 days to convert bonus winnings into real money. Max winnings = 10x bonus amount. Real money balance wagered first. Free spins valid for 7 days. Free spins max. winnings = £100. Stake contribution towards wagering requirements varies between eligible games. Full T&C's apply.
Min. Deposit: £15
W.R: 40x
Cashable: Yes
Bonus: Welcome Bonus package wort up to €1,000 + 10 Bonus Spins. 18+. For both new and old costumers. Opt in required. First deposit 100% up to €100 then 50% up to €100 for the following 9 weeks. Bonus eligible for 60 days. Deposit with Credit Card, Debit Card, Paysafe, Instant Banking or Entropay required for Bonus Spins. Bonus Spins eligible on Fortunium only. Full T&C's apply
Min. Deposit: €20
W.R: 30x
Cashable: Yes
Using PayPal in the Real-World Setting
If you wish to utilize PayPal for in-store purchases or at brick-and-mortar casinos, the company offers a debit card option to its members. This debit card allows you to access funds from your PayPal account, and you can use it to make cash withdrawals at ATMs, provided there is a balance on the card. Keep in mind that you’ll need to pay the ATM fee for the transaction processing.
To make a cash withdrawal, select “checking” as the account type on the ATM and follow the provided instructions for the withdrawal process. Alternatively, you have the option to apply for a PayPal credit card. However, like any other credit card, approval for the PayPal credit card is subject to meeting certain credit qualifications.
Using PayPal in the Online Gambling World
PayPal proves to be a superb funding choice when it is offered by an online casino provider. The e-Wallet system enables you to utilize your credit cards or banking solutions without the need to reveal your account information, providing exceptional protection against identity theft. While not every casino establishment provides access to PayPal transaction solutions, you will frequently encounter this option at casinos supported by NetEnt software.
Funding Your Player’s Account
To fund your casino account, you must follow the provided instructions from the casino of your choice. This process is standard and remarkably easy. Simply visit the cashier, banking area, or payment page on the website. Specify the amount you wish to transfer from your PayPal account to your player’s account. Next, log into your PayPal account as prompted, and the deposit will be immediate. Start playing at an online casino that accepts PayPal deposits today!
Cashing Out with Your PayPal Account
To withdraw funds from your player’s account and transfer them to your PayPal account, simply follow the same steps you took when funding your account. Indicate the desired amount you wish to withdraw, and within seconds, the requested cash will appear in your PayPal balance. This e-wallet solution excels in providing speedy transactions and ensuring user protection, making it an exceptional choice for online transactions.
PayPal Pros and Cons
Using an e-wallet system like PayPal offers numerous advantages. Firstly, it provides a high level of protection as you don’t need to reveal your account numbers or credit card details, reducing the risk of identity theft. Secondly, payments are processed instantly, allowing you to start gambling without any delays. Likewise, cashouts are quick, ensuring prompt access to your winnings.
However, one main drawback is that not all online casinos offer PayPal as a payment solution. The good news is that an increasing number of venues are recognizing the convenience of PayPal, leading to a growing number of casinos adopting this transaction method, and this trend is expected to continue.
Discover online casinos that allow PayPal deposits through our excellent filtering and sorting system at Casino.Dev. Also, explore our guides on other commonly used casino payment methods, which cover their requirements for deposits and withdrawals, the best ways to utilize them, and their pros and cons. Choose a guide to enhance your gaming skills today!
