PayPal casino payment provider is one of the most used e-wallets nowadays. It allows you to top up your online casino account with just a few clicks. It’s easy and very safe to send and receive money around the globe, that’s why several brand new online casinos accept PayPal as a payment method.
With PayPal, your funds are transferred straight from your card or bank account to your casino. Alternatively, you can leave some balance there and this is helpful to manage your spending by sending regular amounts to your PayPal account and only using these funds to play.
Also, you can easily request withdrawals and the money will be sent back to your bank account as soon as it has been processed by the casino. Find out more benefits and the best new PayPal casinos below.
Latest PayPal Casinos 2023
As you can see below, PayPal is a very popular payment method for international and UK casinos alike because it boasts a stable service for casino players. You can compare other casinos that accept PayPal as a payment method side by side. But, for now, take a look at a full list of the latest PayPal casinos available for you now:
PayPal Short Facts
Currencies | USD, EUR, GBP, DKK, SEK, CAD, CHF, CZK, AUD, BRL, |
Security | SSL Encryption, Standard Bank Protocols and 24/7 Monitoring |
Transaction Time | Instant |
Min. Transaction | Defined by the casino |
Deposit Fee | None, when no currency conversion is involved (the UK up to 5%) |
Withdrawal Fee | Yes, if the amount is too low (casino T&Cs) |
How to Deposit on New Online Casinos with PayPal?
To deposit funds into your new online casino account is a doddle but you have to first make sure that casino accepts PayPal as a valid payment gateway. Chances are it will be under the e-wallet option. After making sure that your new casino accepts PayPal, go to the cashier’s page of your casino and choose the deposit amount.
After you set up an account, you can simply use your PayPal password and skip entering your financial information every time. You can either use it as a gateway payment or you can leave money in your e-wallet, whichever is best for you.
Quick PayPal Casino Registration
- Log in to your profile (If you don’t have one, register for free).
- Insert your payment details (cards or bank account).
- Use your PayPal email and password anywhere it’s accepted.
You can use your credit/ debit cards or bank account to complete the deposit to any new casinos that accept PayPal as a payment option. Transfers made by electronic means usually are instant or even up to an hour in the worst cases. As a rule, always check the rates first to make sure everything is ok.
Pros & Cons of Using Paypal
Using PayPal as a payment option, for adding funds to your casino account offers both convenience and security. However, it’s important to consider the pros and cons associated with this payment method, which are outlined below:
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Instant transfers
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Protected identity
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Global presence
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Advanced security
Pros
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Not accepted at all casinos
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Delayed bank withdrawals
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Verification delays
Cons
Advantages of Using PayPal
There are many advantages to using an established online payment provider like PayPal to deposit and withdraw from your casino account. Benefits such as:
1. Instant Transfers
With PayPal, users can get an instant transfer of funds to any online casino with a PayPal account without fees. This speed is a major advantage over some of the more traditional, slower payment methods which are used. This equals more time playing your favourite casino games and less time on payments admin.
2. Protected Identity
Because none of your banking information is ever shared with the actual online casino, you remain anonymous for the entire process. However, don’t forget that you might need to get checked and verified by the casino to deposit and withdraw large amounts in the future.
3. Global Coverage
PayPal is one of the most popular online payment methods in the world and is used in over 200 markets globally. There’s a very good chance of finding an online casino that accepts it for deposits and withdrawals.
4. Advanced Security
PayPal has acquired several companies over the years for no other reason than to make their service more secure. They are also held to some of the highest levels of security because of their European banking license.
Disadvantages of Using PayPal
Despite the numerous advantages mentioned above, there are some occasional downsides to using this provider as your payment provider of choice. Some of the negatives can be:
1. PayPal Casino Acceptance
Despite being a massive global player for online payments, the service is not accepted in as many online casinos as other online casino payment methods.
2. Delayed Bank Withdrawals
Once your funds are in your account it can take between 1 and 3 days to withdraw your funds from your PayPal account to your bank account.
3. Verification Delays
If you don’t already have one, you need to register as it can take up to a week to verify and link a card with a PayPal account. Therefore, plan and factor in this gap if you’re thinking of using the service for your online casino payments in the future. You can still use the service after registration but you won’t be able to get the funds back to your actual bank account until it’s verified.
How to Withdraw with PayPal?
You can easily withdraw your winnings on any casino site that accepts PayPal. The process is extremely simple and essentially the same as depositing. You have to request it in the casino payment menu or cashier first and follow their steps to request it.
Once you’re done with this part, your money will be sent back to where it came from. If you want it can be sent straight back to the card or bank account you registered with or be left as PayPal balance for future transactions.
Just a few easy steps to withdraw at a PayPal Casino:
- Go to the casino cashier and select withdraw with PayPal.
- Enter the amount.
- Confirm identity and the withdrawal request.
- Check your PayPal account online or on the app.
Any Extra Features?
PayPal offers personal and business solutions in more than 200 countries, facilitating transactions in several currencies. Many online casinos with PayPal gateways are available for the outstanding performance this service provides them but who really benefits from that is you, on your desktop or on the go.
On top of that, when you pay by PayPal you are protected from frauds. A great number of products and services allow you to benefit from the Buyers Protection, this adds an extra layer of safety to your online transactions.
The Handy PayPal App
With the PayPal app, you can enjoy no borders and no barriers for your transactions, whether you want to pay for goods or use it on a casino with PayPal deposit, you are good to go. You can download it for iOS and Android and send and receive money with just a few clicks.
Customer Support
PayPal Customer Support is quite comprehensive and offers several options to solve the issues you might have. There’s a lot of information that can be found around the website divided into a few categories, such as the Community Forum, Resolution Center, Tax Center and obviously, the Contact Us page.
- Community Forum.
- Resolution Center (FAQ).
- Tax Center.
- On-site email form.
- Phone Number: 00353 1 436 9111 (08:00 and 16:30 GMT Monday to Friday).
Safe and Security
PayPal is not a giant in the industry for no reason. They take into consideration all the contemporary security requirements to online information management. This means they use encrypted servers and systems and apply rigorous authentication methods to any data passing through their servers, on top of the cards and banks’ protocols.
They monitor every transaction 24/7 to help prevent fraud, email phishing and identity theft. It is an iron-clad platform that grants peace of mind when transferring money to an online casino. After all, they don’t want any breaches that can damage their reliable service. Just make sure no one has access to your email and password used to log in to your PayPal account and you’ll be fine.
PayPal Requirements
What do you need to start using this service to withdraw and deposit from your online casino accounts? Let’s take a look through the requirements now.
PayPal Account
Take a look at the section above on how to open an account and get set up with online payments via this service.
Bank Account
This service is not a bank account itself, you’ll still need an account to link it to if you want to withdraw and deposit cold hard cash in the future.
Moving funds from your PayPal account to a bank account is as simple as one click, but only once you’ve linked and verified one. There are more details on how to do this in the step-by-step guide above.
Credit / Debit Card
To make payments via the service, you’ll need to link a debit or credit card to the account. This will make depositing funds into an online casino account from your card very simple indeed.
In this case, PayPal is acting as an additional layer of security between your cards and the online casino.
Mobile App
Although not currently essential, it’s good to have the official PayPal app installed and active on your devices.
This way you can check on the status of your accounts and track what’s incoming or outgoing with ease.
Additional Information About PayPal
The company we know as PayPal was established in 1999; when it was launched by parent company Confinity. Confinity merged with X.com, an online payment company then headed by the billionaire, Elon Musk. They were probably the first company to make a splash in the untapped market of online payments.
They used their first-mover advantage well, growing rapidly until they were purchased by eBay in 2002. eBay spun PayPal off into its own company in 2014. The very same year they processed approximately USD 228 billion.
PayPal is used to pay for goods, services, and commodities in markets all around the world. Sending money from one PayPal account to another is entirely free. It is especially popular with e-commerce because the fees are paid by the merchant, not the customer. This has made the platform a massive success in the retail market. You can buy everything from a meal at a restaurant to an around-the-world flight with PayPal.
FAQs
If you have any questions about Paypal casino deposits and withdrawals, feel free to contact us. We will add our answers bellow.
PayPal is a fast and safe way to top up your online casino account. You can do it via their website or mobile app anywhere and the funds go straight to your casino account, no delays or fees.
There are no fees to deposit or buy goods using PayPal, however, there are fees for currency exchange and certain transactions but these are shown before you confirm the transaction.
You can transfer money from your bank account or use cards to top up your PayPal account, however, you don’t need to have a balance to top up your casino account since PayPal has the ability to send the money straight to the casino by acting as a direct bridge between your bank and the casino.
Yes, you can. Simply select PayPal when requesting a withdrawal at your online casino and the funds will be transferred to your PayPal balance, from there you can send it to your bank, for example.
In short, yes. You need a bank account to link it to your PayPal account so you can withdraw and deposit hard cash.