PayPal Accepted Online Casinos
Best PayPal Casinos
About PayPal
PayPal’s predecessor was founded as an American software company in 1998. After one year, it merged with Elon Musk’s bank, X.com, creating a money transfer service called Confinity. This all happened back in November 1999, and in 2001 Confinity changed its name to PayPal. Today, PayPal is a leader in the digital wallet payment providers industry, allowing its clients to perform worldwide transactions. The service lets customers send, hold, and receive money in 25 currencies while operating in more than 200 countries.
If you watch the video below, you can grasp the way PayPal performs its services and what it actually represents:
PayPal Features
CasinosLists.com has arranged some of PayPal’s traits in the bulleted list below. This should help you get an idea of PayPal's utility and convenience.
- Worldwide Availability. PayPal is available in most countries around the globe, and its operations are the same regardless of the distance. Thus, PayPal is conveniently available in many online casinos, so you will have various choices.
- Easy to Use. In order to perform a PayPal transaction, you will have to provide some essential information, including your e-mail address and banking details. Keep in mind that those will be encrypted for your safety. A great advantage is that the system remembers the data so that whenever an operation is made, you won’t have to enter these again.
- Quick Payments. Most transactions are immediate, provided that other external factors do not intervene. Usually, your deposit is made instantly, and it should appear in your online casino account’s balance right away.
- Currency Match. In case the currency you have in your wallet doesn’t match the casino’s, PayPal will convert it for you, all for a small fee. Remember that the fee will be shown to you before you proceed to the checkout, as it is not predefined.
- Complete safety. When paying with PayPal, you won't have to provide the merchant with any of your banking information. Transactions are done by logging into your PayPal account and confirming the payment from your dashboard.
- Shopping Options. You'll rarely encounter an online merchant that doesn't accept PayPal. If you skip withdrawing your PayPal funds to your bank account, you can use any casino winnings to make online payments seconds after withdrawing them from a casino.
Advantages of Using a PayPal Casino
PayPal is a popular, reliable payment option, so choosing a PayPal casino also comes with several advantages. Here are some of them.
Fund Security
Whenever you pay or request money with PayPal, you can be sure that your funds remain safe. Your transaction won’t encounter any issues, and your money will be available as soon as possible.
If there is any issue with your transaction, you can always contact PayPal’s customer service team. They are available around the clock and will help you solve potential problems.
Convenience
PayPal transactions are fast and easy to request. You can link all your cards to your PayPal account and use them as needed without needing to fill in your information every time. Moreover, there are plenty of PayPal casinos to choose from.
Speed
PayPal transactions are nearly instant, and you can even request withdrawals to your bank account in 30 minutes for a small fee. This makes PayPal one of the fastest payment methods for gambling transactions.
Privacy
You can never be too careful regarding your payment information. This is why PayPal is a great choice when making recurring payments online. You pay by logging into your secure account, and you never provide any operators with your personal information.
How to Use PayPal
PayPal is very easy and convenient to use, as you only have to enter your banking information once when signing up for the account. From then on, all the details will be stored in your account. If you are wondering, the whole procedure is very safe, as PayPal’s system is encrypted. The payment receipt does not contain sensitive data. The video below will show you a step-by-step guide for making a transaction with PayPal:
Cross-Platform Compatibility
PayPal offers a very nice alternative for its mobile users, namely the mobile application. The great part is that you can use the features just like on a desktop, without limitations. The app functions as an e-wallet and a money transfer method in one, and you will also get the receipts just like in a home bank service.
You can also use your PayPal account from wherever in the world, on any internet browser. You won't need to go through complicated authentication processes, as with home banking services. However, this does not mean your account will lack security.
PayPal offers various authentication confirmation methods. You can confirm transactions via e-mail, texts, or phone calls if you choose.
Deposits, Withdrawals and Fees
To make a deposit with PayPal, log in or sign up at your online casino of choice from the list above, and choose PayPal as a payment method. The process occurs in the blink of an eye, and you should see the funds in your balance in no time.
If you want to withdraw your winnings, request a payout and complete the required information.
Keep in mind
If you're a new player, you must verify your identity before requesting a withdrawal. The online casinos will request you to e-mail or upload pictures of your government-issued ID, as well as a bank statement, utility bill, or another document that confirms your address.
In terms of charging for personal transactions, PayPal will show you the fees when you make a payment. Still, the exact amount will depend on your country and the transaction you pursue. You can find a table of fees in the dedicated section on PayPal’s official website. By following the link, you will be able to see the taxes for your own country and make a better-informed financial transaction.