Yes, there are a number of online casinos that accept PayPal as a payment method. You should be able to use your PayPal account to make deposits with these online casinos as well as withdraw winnings. Online casinos are aware of the popularity of PayPal accounts so you will find that the vast majority of them will accept this payment method.
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A few words about PayPal
If you have not heard of PayPal before, it is a global e-wallet payment system that is used by millions of people. Players at online casinos can use PayPal to make deposits and receive withdrawals. It is one of the most popular methods for moving money fast for both businesses and individuals alike.
You can register for a PayPal account totally free. In order to start using it to send money you will need to directly link it to your bank account or your debit or credit cards. This is very easy to do and you can be up and running in a matter of minutes with your new PayPal account.
Are there any casinos that accept PayPal?
One of the best ways to use a PayPal account is to connect it directly to your bank account. It will take a day or two to set this up as PayPal has to verify everything. Banks in most countries will interface directly with PayPal.
Although PayPal is now available in most countries throughout the world, this does not mean that every bank can integrate with it. You need to ask your bank if they can integrate with PayPal or have plans to do this in the near future.
One of the main reasons that players like to use PayPal as a deposit and withdrawal method with online casinos is that they do not have to provide their sensitive financial information. PayPal works on the basis of unique email addresses. You should never need to provide other information with the exception of proving your source of funds.
In some countries now, governments are demanding that online casinos request proof of income from their new players. This is to minimize money laundering activities with online casinos. If you have an active PayPal account that you have used for a while then you may need to provide screenshots of your account to satisfy these requirements.
PayPal also has a mobile app for Android and iOS devices which you can download and install from the Google Play Store or the Apple Store. If you like to play casino games on your mobile device, the PayPal app makes everything easy and convenient for you.
What to look for with a PayPal online casino
When you are looking for a PayPal casino, the very first thing that you need to check is that it has a valid operating license. A PayPal casino that does not have a license will look very similar to one that has a license.
The reason that a valid license is so important is for your protection. If you are unfortunate enough to register with an unlicensed PayPal casino you will have no recourse to a higher authority if something goes wrong. Unfortunately, not all online casinos are totally honest. There are plenty of horror stories of players not receiving their winnings from unscrupulous casinos.
Make sure that any PayPal casino that you are thinking of signing up with does not appear on any blacklists. There are websites that are dedicated to seeking out rogue online casinos and you do not want to spend any money at an online casino that appears on these lists. Also, check user forums for real experiences with PayPal casinos.
Does the PayPal casino have good support? These days, good online casinos will have a live chat facility and you can also contact support via email and phone. What hours are the support team available? Some will offer 24/7 support while others have set hours.
You need to check if the PayPal casino that you want to register with has a good selection of casino games. If you have a favorite slot that you like to play is this available? What about table games and lottery and keno? Does the PayPal casino have live dealer games?
Take a look at the security that the online casino deploys. Check for SSL encryption for all transactions. Usually, an online casino will provide comprehensive details of their security measures on their website. If you cannot find this then contact the support team and ask them to tell you about the security.
With online casinos keen to attract new players, you should be able to find PayPal casinos that provide attractive bonuses for new (and existing) players. There may be a welcome bonus such as the matching of your initial deposit. Free spins bonuses are common as well, but always check the terms and conditions associated with any free spins.
There are always new online casinos emerging and you can check these to see if they accept PayPal as a payment method. Be sure to check out any new online casino thoroughly, especially from a licensing perspective.
How to deposit with PayPal
It is pretty straight forward to make a deposit at a PayPal casino. You can do this on a computer or by using the PayPal app on your iOS or Android mobile device. Every PayPal casino may have a slightly different procedure for making deposits, but essentially, they will all be similar.
First you will need to ensure that you have the sufficient funds available in your PayPal account. If you have not linked your credit or debit card or your bank account with PayPal then you need to do this.
When you have sufficient funds available, navigate to the “cashier” page of the PayPal casino. Look for the option to make a deposit using PayPal and select this. Next you will need to enter the amount of money you want to deposit. Most PayPal casinos will have minimum and maximum deposit limits so check this.
You will need to confirm the transaction and then your funds should appear in your online casino account very quickly. If it takes longer than a few minutes to arrive then check your PayPal account to see if there has been a debit made. Contact the PayPal casino support if necessary.
Can you withdraw with the same method?
You will need to check with the PayPal casino that you can use your PayPal account to make withdrawals. In most cases you should find that this is the case. There is a simple process to request a withdrawal using your PayPal account.
It is important that you verify that you can make a withdrawal of winnings before you do this. If you have won with a free spins bonus for example, there are often additional wagering requirements that you need to perform before you can withdraw.
Navigate to the “cashier” page of your PayPal casino website. Select the withdrawal option and then find PayPal as your withdrawal method. Now you need to enter the amount of money that you want to withdraw. Make sure that you are aware of any minimum and maximum amount limitations here.
You may be asked to provide some additional details to confirm the withdrawal. Usually at this stage, you will be notified how long the withdrawal will take. Once the PayPal casino has approved your withdrawal you should see the funds in your PayPal account almost immediately. If you experience any problems then contact the PayPal casino support team.
Advantages and disadvantages of using PayPal with online casinos
There are several advantages and few disadvantages to using PayPal for making deposits and withdrawals at online casinos:
Pros
PayPal has been around since 1998 and is one of the most reputable and trustworthy e-wallet services available
All transactions with PayPal are insured
It is very easy and convenient to use a PayPal account for online casino transactions
Usually there are no fees to make a deposit at a PayPal casino
The withdrawal process is fast – check how long the PayPal casino takes to authorize withdrawals
You do not usually have to provide any sensitive financial information to an online casino when you are using PayPal
It is fast, easy and free to setup a PayPal account
PayPal transactions are protected by SSL encryption
You get purchase protection and fraud protection with PayPal
PayPal casinos are approved by PayPal themselves so you can be sure that they are legitimate
Cons
There are not that many online casinos that accept PayPal as a payment method at the moment
Are there any fees with PayPal?
Usually, you should find that a PayPal casino will not charge any fees for making a deposit using PayPal. The majority will not charge any fees for withdrawals either, but it is always a good idea to check this. When you receive your funds after making a withdrawal to your PayPal account, there may be fees involved to send this to your bank or to a card. In countries like Australia and the UK, sending funds to your bank account is usually free. In other countries there could be a charge made by PayPal.
FAQ’s
No, you need to check to see if you can use PayPal as a payment method for online casino deposits in your country. If you live in an EU country or the UK then you should be fine.
Yes, there is a PayPal app for both iOS and Android mobile devices. If you are a mobile user then there are other payment methods available such as Monzo and Monese.
Yes, deposits should be almost instant and withdrawals are fast once the casino has authorized the payment.
Usually, a PayPal casino will not charge any fees for deposits and withdrawals using PayPal.