PayPal is the world's largest e-wallet service with over 100 million members. PayPal allows users to transfer money to and from other accounts without having to disclose sensitive financial information each time. Because of PayPal's strict policies, only the most prominent online casino operators generally allow it as a method for depositing and withdrawing. Currently, over 300 different online casinos in our database accept this method of payment. So, browse our list of the best PayPal casinos to find the one that suits your preferences.
PayPal Overview
PayPal has become a popular e-wallet solution worldwide, and the iGaming industry is no exception. PayPal is a standard deposit method in many online casinos, and a withdrawal method, which is a great advantage as some methods work for depositing only.
PayPal is free when making payments, and there is usually a fixed withdrawal fee when transferring funds to your card. Users top up their accounts via a bank transfer, credit or debit card, and then they can use those funds to make deposits at an online casino of their choice.
The number of online casinos taking PayPal as a payment method has increased over the past few years, so it shouldn’t be too much of a hassle to find an online casino that accepts PayPal.
To get a PayPal account, you will need to provide information regarding your identity and verify your email, but the process should take no longer than a few minutes. Once you create your PayPal account, you will want to take a few additional steps to add your bank account and credit card and complete verification to remove your limits. Verification generally only takes a few business days to complete.
Once your account is verified, you are good to go and ready to use the payment method in real money online casinos that accept PayPal. Both desktop and mobile casinos accept PayPal as a payment method, meaning that the choice is vast, regardless of your device preference.
How to Make a PayPal Account
If you want to use PayPal at online casinos, but you don’t have an account, you’ll have to create one. Luckily, PayPal has made it easy for new users to sign up and open an account. Follow the steps below if you wish to open a PayPal account, which you can later use for deposits and withdrawals at PayPal online casinos:
- Visit the official PayPal website.
- Click on Sign Up
- Select an Individual Account.
- Enter your personal information.
- Link your credit or debit card.
- Verify your email address and your phone number.
The payment provider takes you through the registration process one step at the time. Once you register, you’ll be able to use your PayPal account.
Managing Your PayPal Account
PayPal is user-friendly, making it easy to manage. All you need to do is access it via your mobile or desktop and you’ll have everything in one place. You’ll have an overview of your transactions, while you will be able to top up your account easily.
Funding Your PayPal Account
There are multiple ways in which you can add money to your account. When you create a PayPal account, you link your bank account to it. To transfer money from your linked bank to your PayPal account, you must:
- Log into PayPal.
- Tap on PayPal balance.
- Select Add money.
- Confirm the amount and complete the transaction.
This is the most common method of topping up your PayPal account. However, you can use credit or debit cards (in some countries), add cash to your account by going to the retailer and generating bar code through the app. Keep in mind that adding cash to your PayPal results in fees and has minimum and maximum limits.
Defunding Your PayPal Account
You can easily withdraw money from your PayPal account to your linked bank account. All the settings are located in the Wallet, where you can select to transfer money and click withdraw. After that, you can choose between Instant (Free) or Standard (Free) and follow the instructions to complete it.
PayPal Expected Fees
Like all payment service providers, PayPal charges its customers fees for using their services. Below are some of the expected fees if you want to use PayPal for your casino activities.
Deposit Fees
PayPal doesn’t charge anything for you to top up your account. However, your bank may charge you a transaction fee.
Withdrawal Fees
When you’re withdrawing money from PayPal, the provider charges you a fee, which can range from minimum 1.00% to 3.50%. The fee can be a fixed amount as well, depending on the country and where you’re transferring money to.
Fees by Country
PayPal operates in more than 200 countries around the world, and its fees differ in each of these markets. Besides withdrawal fees, PayPal charges high conversion fees, so make sure you select the right currency when transferring money. The provider lists maximum and minimum fees for all currencies, so if you want to learn more about it, visit the official website.
How to Make a Deposit with PayPal at Online Casinos?
To make a deposit through your PayPal casino account, first log into your account at your favourite online casino accepting PayPal. If you are not sure if that is the case, you can always check the Payment section of our casino reviews or the casino website.
- Go to the casino’s bank or cashier.
- Find PayPal under the deposit section.
- Enter the amount you want to deposit.
- Log into your PayPal account.
- Complete the transfer.
If you do not have enough money in your PayPal wallet to cover the cost of the deposit, you can have PayPal bill your credit card directly. To do this, you'll need to have added and verified your card beforehand. The same process applies upon making a deposit into PayPal casino sites.
Note that real money casinos have a minimum Paypal casino deposit requirement that you can find on their websites, usually under terms and conditions.
How to Withdraw Funds with PayPal at Casinos?
Making an online casino PayPal withdrawal should be fast and seamless. PayPal gambling sites usually classify PayPal withdrawals as “instant” or the payment method with a withdrawal processing time of up to 2 hours. However, PayPal itself can take more time to process your transaction, so it might take from 24 to 72 hours for the funds to be available in your account.
Online casinos that use PayPal typically don’t charge any fees to process your deposits or withdrawals.
To be able to withdraw money from a PayPal casino, you need to make sure that the casino lists PayPal as a withdrawal method, too, not just as a deposit method. If it does, here are the steps to follow:
- Go to the withdrawals or cashier section on the casino website.
- Select the amount you want to withdraw.
- Pick PayPal as a preferred method.
- Confirm your withdrawal.
Advantages of Using PayPal in Online Casinos
Very few online payment options have the reputation that PayPal does. When you use PayPal to deposit into online casinos, you can be certain that your funds and personal information are being treated with the utmost care. And since you only have to give your banking information to PayPal once, you don't run the risk of getting your data stolen.
As we mentioned earlier, using PayPal at online casinos is common because casinos that accept PayPal provide a simple deposit and withdrawal process, making it easy for you to play your favourite casino games without waiting for funds to clear.
A lot of players choose PayPal for the convenience of use and the number of online casinos they can register at, but also because the fees are quite acceptable in almost all the markets the provider operates in.
Disadvantages of PayPal when Using it at Online Casinos
Although PayPal makes it easy to set up an account, it still takes some time to get your credit card and bank account linked. In some casinos with PayPal deposit methods, the verification process may take several business days to complete for your first withdrawal. The casino should process your next withdrawal quickly, but PayPal itself could take a little longer.
Should You Use PayPal at Online Casinos?
Online casinos that use PayPal as a payment method are perfectly safe. PayPal has internal processes in place to ensure their casino partners have all the necessary licenses and are completely legal. PayPal is a global brand with a solid reputation and processes numerous payments daily. If you are looking for a payment option that is safe to use, available in most online casinos, and allows for almost instant withdrawals, then PayPal could be the right choice for you.
So, which online casino accepts PayPal? Here in our database, we feature a wide array of casinos with PayPal. If you are looking for the best PayPal casino sites, all you have to do is browse our selection, find the perfect spot according to your preferences and play your favourite slot games. You can always check out new online casinos we update regularly on the AskGamblers website if you are looking for a new place to try your luck.
