Compare casinos with payment methods PaypalToday there are many other similar e-wallets like Skrill and Neteller that specialise in iGaming and can offer more benefits like in the form of lower fees for its customers and less bureaucracy for the operators. That’s part of the reason PayPal as a casino payment method is limited in availability and can be generally found only as an option for players in the UK or Germany. Although PayPal is available in France, only locally licensed operators may actually have this method in the cashier at best.
PayPal, best deposit solution in UK
PayPal is a worldwide online payments system created to make it easier to pay for goods and services online without having to share your credit card or bank details with a merchant.
Chances are that if you’ve used eBay or have paid for services online, you already have a PayPal account. For that reason, casinos just make it easier and more accessible for new and existing players to make a deposit or withdrawal using a service that’s more familiar and allows them to use an existing credit/debit card or pay with direct debit the easy way.
Among other conveniences is the fact that casino transactions will only be displayed on PayPal and not your bank account. And that holds true whether you have any money on the e-wallet or it’s credited directly through the bank.
The Best Online Casinos That Accept PayPal
For the past years the number of online casinos that accept PayPal as a valid payment method has increased, but in most cases it’s still limited to certain countries and jurisdictions, like Germany and UK.
Here’s our selection of top casinos where you’ll find this payment methodHow to Use PayPal (Step-by-Step Method)
Let’s guide you through the exact process of using PayPal at your preferred online casino, even if you don’t have the account.
Here’s How to Create a PayPal Account
If you’re new to this e-wallet then go to PayPal and click “Sign Up” to begin. Then, choose “Personal Account” if you want to have it for personal use. Note that there are no registration or monthly maintenance fees, although this is subject to change.
Next, enter your email address and create a password. Note that you can add more email addresses to your account at any point in the future, so go easy on yourself when making your first choice.
Having entered other personal details like home address you then get to link a debit or credit card, including Visa, Mastercard, Maestro, American Express and Discover.
Keep in mind that further KYC verification may be required to lift standard limits.
Once you’ve created a payment account, you can top it up by transferring funds from your linked payment method or continue as is. Finally, make sure that your main currency is the one you use most often to avoid PayPal’s high conversion fees!
Making Deposits with PayPal (Existing Customers)
Choose PayPal as Your Deposit Method
Enter an Amount to Deposit (for exemple £100)
Connect to your Paypal Account and Confirm the Deposit at PayPal’s Website
When you’re done creating a casino account and are all set up with PayPal, then visit the cashier and choose it as a payment method if it’s available.
You’ll then be redirected to PayPal’s secured check-out page where you’ll need to enter your registered email and password to log in as proof that you’re the account holder.
In fact, if you have PayPal One Touch activated, you don’t even have to enter anything but click “Continue” to process your request right away. This works on both mobile and desktop, although there some are additional risks.
Making Withdrawals with PayPal
Based on industry standards and regulations, withdrawals from an online casino account must be made the same way as deposit, whenever possible. Since PayPal payments can be made in both directions, it’s likely that the majority of PayPal casinos will let you cash out the same way.
Once the money reaches PayPal, you can keep it there or withdraw to your linked bank account or credit/debit card; usually for a fee.PayPal Pros
Trusted and secure payment method
Easy to use for deposits and withdrawals
PayPal casinos are generally more trusted
Casino or operator name not reflected on bank statement
Payment details are never shared with a casino.
PayPal Cons
Payment restrictions
Limited availability
High internal fees
Account required
To wrap it up, PayPal has turned into a household name for online payments and e-wallets. It’s very easy to use and as secure as it gets, but most online casinos have found better options in the form of many similar services. Unless more players start demanding it, it’ll remain one of the recommended payment methods mainly for markets like Germany and the UK.
