Casinos Accepting PayPal

Want the best Paypal-friendly casino sites? Below is our expert selection of online casinos that support Paypal for both deposits and withdrawals.

PayPal is a payment solution that enables fast, secure, and convenient payments for online casino players. While it is not the only e-wallet you will find supported at virtual casinos, it is available as a deposit and withdrawal option only at properly regulated and licensed online casinos. This further proves the company’s dedication to ensuring a secure gaming environment for online players. The registration process at PayPal is extremely simple, allowing casino players to make their first deposits as soon as they sign up and link their PayPal account to a bank account or card.

Still, because of PayPal’s strict policies regarding online gambling, casinos without proper licences do not list PayPal as a payment option. US-based players may also face difficulties with this system, as most US states do not regulate online gambling.

However, thanks to its simplicity, high level of security, and instant transactions, PayPal is among the most popular deposit and withdrawal methods for online gamblers worldwide.

Pros and Cons of PayPal Casinos

• Pros
  • Available only at online casinos licensed by reputable authorities
  • Allows instant, fee-free casino deposits
  • Supported as both a deposit and withdrawal method
  • Withdrawals via PayPal are usually very fast
• Cons
  • Very region-specific, restricting access for players from certain regions
  • Cross-border transactions may incur fees
  • Lifting certain transaction limits requires bank account verification

How PayPal Works

One of PayPal’s most popular services is its digital wallet, which is accepted by almost all Internet merchants and by a vast number of online casinos. It allows customers to send and receive money even without a bank account or credit card. Users can have a PayPal account as long as they provide an email address or a valid telephone number.

Opening a PayPal account is free of charge and there are low or no transaction fees, unlike many other banking options. After registering, players can connect their PayPal e-wallet to a bank account or to a credit/debit card. They can then load the desired amount into their PayPal balance and use it for online gambling purposes. Transfers are processed instantaneously, so gamblers are able to top up their online casino balances within seconds and play for real money immediately after confirming their deposit.

Registering a PayPal Account

Signing up for a PayPal account is simple and free of charge on the service’s official website. Players can easily open a personal account by providing their email address and country of residence. Then they need to create a password and confirm the registration. The website also requires basic personal information before creating the account – full name, address, date of birth, and a telephone number.

When you initiate the registration process, PayPal will prompt you to choose between opening a business account or a personal account. The business account is geared toward the needs of larger corporations and online merchants that operate under a group or company name. A business account also makes one eligible for a plastic debit Mastercard, but we elaborate on that in the next section. Premium business accounts are an option for small-scale merchants.

Recreational casino players are advised to set up personal PayPal accounts if they intend to use those accounts solely for sending and receiving money to and from their preferred gambling websites.

Players should also make sure they verify their PayPal account, as this lifts the restrictions imposed on monthly withdrawals and confirms they are the rightful owners of the account. To verify an account, players need to receive a confirmation email from PayPal and follow the link in it.

Once you have confirmed the email address is indeed yours, you need to add a payment method such as a credit/debit card if you wish to be able to make payments or receive funds to and from your online casino balance. PayPal will redirect you to another page where you need to enter your card type, expiry date, CVV number (the last three digits on the back of the card), and your address. There is also the option to add another billing address from the drop-down menu. Players who intend to connect their new PayPal accounts to their bank accounts will have to input their International Bank Account Number, or IBAN.

Linking with the user’s preferred payment processor is quick and easy, but a small, refundable fee applies for generating a 4-digit security code. This code will appear in the user’s bank statement and must be entered in a special field on the PayPal website marked “Confirm my debit or credit card”. Once this process is complete, the fee for generating the code will be refunded. If a player changes their mind and decides not to link the card by entering the code, the fee will be refunded within 75 days.

PayPal Registration Process

PayPal was one of the first payment service providers to allow web-based money transfers between individuals and businesses. We have already described how easy it is to get a PayPal account and start using it for gambling-related activities. Now we will prove to you that the procedure really takes just a few minutes. If you follow the step-by-step instructions below, you will not experience any strain while setting up.

1. To start your account registration, head to the official website of PayPal or download the dedicated mobile application from the relevant app store.
2. Next, choose between a Personal and a Business account. Keep in mind that a personal account can be converted to a business one later on. However, if you intend to use the wallet primarily for online gaming, stick to the first option.
3. After making your selection, you will be prompted to enter your mobile phone number and click Next. Immediately after that, you will receive a confirmation code as an SMS.
4. Enter that 6-digit code in the new window that appears.
5. After you verify the phone number, you will be asked to provide additional information about yourself, such as your name and address. The following step is to create and confirm a strong password.
6. Your account is now ready. All that remains is to link it to your bank card so you can make online deposits and withdrawals from your casino balance.

It is perfectly fine to skip this last step of the PayPal registration process, as you can link your debit/credit card whenever you choose. Simply log in to your account, go to Wallet, select “Add a card” below the section for debit and credit cards, and save your card information.

Video Introduction of PayPal

The PayPal Business Debit MasterCard

When signing up at the PayPal website, players can create either a Personal or a Business account. Business accounts offer more benefits when selling products and are designed for companies, but they can also be used by individuals.

PayPal Business account holders have the opportunity to receive a plastic debit card for free, which provides direct access to their PayPal balance. The PayPal Business Debit Mastercard can be used to withdraw cash from any ATM that supports Mastercard, Maestro, or Cirrus, or to make purchases in thousands of stores that accept Debit Mastercard. Using this card for purchases earns you 1% cashback rewards.

The PayPal Debit Mastercard is available only to US-based account holders, but it can be used around the world. Standard transaction fees for cash withdrawals and shopping will apply, with charges ranging from 2.2% to 3.9%.

Depositing at Online Casinos via PayPal

Making deposits at online casinos via PayPal is quick and easy, so it will not be difficult for gamblers to use this method. You need to be logged into your online casino account and then visit the Cashier/Banking page. Choose PayPal from the list of options and enter the amount you want to deposit. A pop-up window will appear in which you must log into your PayPal account with your email address and password and confirm the transaction. Upon confirmation, the money will be transferred from your PayPal balance to your online casino balance.

Typically, deposits made via PayPal are processed in minutes, so you will be able to place wagers and play for real money almost instantaneously. Most web-based gambling merchants offer 10% to 15% reload bonuses on each deposit made via PayPal.

Providing further convenience to its users, PayPal also supports 30 different currencies, including popular ones such as USD, GBP, AUD, CAD, and EUR. Other currencies supported by PayPal include DKK, HKD, HUF, ILS, JPY, PLN, MXN, NZD, NOK, SEK, CHF, TWD, CZK, and SGD. This diversity makes PayPal a great solution for international players, as many of the currencies listed above are accepted on major gambling websites, which helps minimize expenses because players’ payments are not subject to currency conversions.

Withdrawing Winnings with PayPal

Withdrawing funds from your online casino balance is equally easy. After choosing PayPal as a withdrawal method, you will log into your account in a pop-up window and specify the sum you wish to transfer from the casino to your PayPal account. You confirm the withdrawal, and the only thing left for you to do is wait for your chosen casino to verify and approve the transfer.

The withdrawal will be processed within 1 to 3 business days, depending on the casino’s individual policy. However, this is faster than most withdrawal methods – bank transfers can take more than a week to complete – and is therefore widely preferred by gamblers. In comparison, many online gambling operators process PayPal withdrawals almost immediately after your payment has been approved and the money has been released from your casino balance.

Note that many online casinos automatically return your withdrawal to the same method you used for depositing, so in such cases you will not even be required to select PayPal from the list of banking options. The payment will be initiated automatically with this e-wallet if you used it to deposit.

The PayPal Mobile App

PayPal has simplified topping up and withdrawing funds from online casino accounts by introducing its free mobile application, available to both iPhone and Android users. The app allows you to transfer money to and from your account even when you do not have access to a computer.

The PayPal app also sends players instant notifications when they receive money from their casino winnings. Moreover, it displays all changes to the PayPal balance, which helps you monitor and control your spending.

The payment-services company’s Android application can be obtained at no cost from the Google Play Store. It is intended for online shoppers and casino players who own devices running on Android 4.4 or above, which generally coincides with the minimal technical requirements needed to run online casino games on a smartphone.
The app is a bit bulky at 47 MB, but if you lack the required storage space you can resolve this issue by accessing your PayPal account in your browser. The payment platform works in Microsoft Edge, Mozilla Firefox, Safari, and Chrome.

Players who place their wagers via iOS-based portable devices have the option to install the PayPal iOS app, found in the App Store. It has the same functionality as the Android app, enabling you to track your gambling funds with a tap or two on your touchscreen, check your available balance, and of course send and receive money to and from your preferred online casinos. The app caters to international casino players, with availability in over 20 languages, including French, Dutch, Danish, Finnish, Chinese, Italian, Swedish, Spanish, and Polish, to mention a few. Installing the app requires a device running on iOS 9.3 or above.

Fees and Limits

Processing domestic payments between individuals via PayPal is free, as is loading your account with funds or paying a merchant. Like other vendors, most web-based gambling operators do not charge fees for deposits and withdrawals using PayPal.

However, PayPal may charge you a small fee for transferring funds from the e-wallet to your bank account or credit card. Typically, it is 2.9% plus $0.30, in addition to any currency conversion fees if you opt for a different currency.

PayPal charges fees on cross-border transfers, meaning that if you reside in a country different from the one your online casino is based in, you may end up paying extra. The exact amount depends on both the sender’s and the recipient’s locations. The PayPal User Agreement features a very comprehensive, albeit somewhat confusing, table showing the precise fees you will have to pay.

Currency-conversion fees also apply and vary between 3% and 4%. There are flat fees for players as well; the exact amount depends largely on the currency into which your transaction is converted.

Security

PayPal is considered one of the safest online payment methods and certainly one of the most secure ways to deposit and withdraw funds from online casino balances. While the system is exceptionally easy to use, it protects players by not displaying their personal or financial information on gambling websites. It allows anonymity while keeping all data safe and secure through SSL encryption.

All transactions are strictly monitored by PayPal, and if any activity appears suspicious, the company may temporarily limit your access to your e-wallet until it is safe to lift the limitation. While this is done to protect your funds and personal information, many casino players may consider it a nuisance, especially if they are waiting for a sizable withdrawal.

PayPal is also known worldwide for its customer-protection policies, under which users may be reimbursed for purchases when the product is damaged or has not arrived. The company has a practice of helping such customers obtain a refund, but this does not extend to online gambling activities. Section 13.4 of the User Agreement outlines the conditions for a refund and clearly states that gambling or any other gaming activities where a prize is won on the basis of chance do not qualify for reimbursement.

PayPal also complies with European banking-licence terms that require the highest levels of security. In addition, all users can monitor their PayPal activity, as the service keeps a full history of all transactions.

Advantages

With more than 200 million users worldwide, PayPal is one of the most recognized and respected Internet payment systems. It offers online casino players great convenience and protection, as well as instant deposits and fast withdrawals.

Its simple interface and intuitive mobile app make PayPal one of the leading payment methods, enjoying increasing popularity among gamblers. Another undeniable benefit concerns the reload bonuses many casinos offer for PayPal deposits.

But there is more to PayPal than sheer convenience. One of the biggest pluses of the method is that many gambling operators support it for both deposits and withdrawals, so if you plan to fund your recreational gambling via PayPal, you will not experience any problems finding a casino to play at.

There is also the added benefit of being able to deposit and withdraw anonymously, since the payments are processed via the PayPal platform and gambling operators have no access to your personal bank account or card number.

Another advantage is the withdrawal speed you will enjoy when using PayPal. Of course, the exact timeframes depend on the casino, but in many cases players receive their money shortly after their withdrawal request has been approved. This is not the case with some other payment methods, especially bank transfers.

Disadvantages

Despite the many advantages of PayPal as a deposit and withdrawal method at online casinos, there are still issues that need to be taken into account. Namely, PayPal is not available to many US-based gamblers – just as many online casinos are not – due to the harsh gambling legislation in the country.

Additionally, when you first register a PayPal account, you will be subject to certain limitations on your withdrawals. These are restricted to $500 per month until you complete the steps required to verify the bank account or card linked to your PayPal account. That being said, having to undergo registration and account verification may not appeal to some casino players, especially those accustomed to using third-party e-banking processors where signing up is generally not required.

Fees may also be a concern for players who initiate cross-border payments via their PayPal accounts, although these charges are usually not excessive.