Guide to Using Online Casinos That Accept Paypal
How to Use PayPal at Online Casino Sites?
Using PayPal at online casino sites is similar to other eWallet and the deposit is instant in most cases. PayPal is accepted at most online casino websites and the list in this article is one you can get started with. Ease of use is why you might want to opt for PayPal compared to alternatives.
You simply need the email, account number or card that is linked to the account. They offer 30 currencies and operate in over 200 countries, so it’s a good choice if payment is typically problematic in your country.
However, PayPal might not be available in your country or there might be limitations. Therefore, depositing with PayPal at an online casino in your country might not be possible.
PayPal Deposit and Withdrawal Limits
PayPal casinos set their own limits for depositing and withdrawing. You can typically find this information readily on their website, or from reviews like this one. However, information from third party sources eventually goes out of date so it’s better to get the info from the official website. Contact customer support if you are still confused about PayPal deposit and withdrawal limits.
PayPal typically provides the most favorable limits so you can enjoy low or high deposits. The payment processor caters towards low limit players, high limits players and everyone in between.
PayPal might impose limits on your accounts depending on your locations and activity. When making huge transactions PayPal customer service might look into your account and impose limits. You may need to put your case forward of where you are depositing to ensure you are not capped.
At first, there is a $500 monthly withdrawal limit for money that you’re trying to withdraw to your bank. This might be problematic if you want to withdraw higher sums of money into your bank account via PayPal.
PayPal Casino Fees
In most cases, there are no fees when using PayPal to make a deposit at your favorite casinos. However, PayPal reserves the right to charge fees and some casinos might charge too. You’ll need to see for yourself on a case by case basis.
Withdrawals are prone to fees across all types of payment processors – including PayPal. The fees you’re charged depends on where you live. For example, in the US you might not have to pay any fees. However, in the EU you need to pay costs of up to 3.4% + $0.30 per transaction. The fees can add up when you constantly withdraw so it’s better to make transactions in one go.
PayPal Payout Times
PayPal, like most eWallets, provides excellent payout times so that you have access to your money almost instantly. Therefore, you can use your money for online purchases or withdraw to your bank with having to wait for lengthy processing times.
Expect most transactions to be under 24 hours, but 24-72 hours is more realistic. Read the casino details to have a better sense of what you can expect. You can also get in touch with customer support for more detail on what payout times to expect.
However, some online casinos may need to complete an internal review of the transaction before they allow it to be processed. This could take a few days, which can hold up a withdrawal process that could otherwise be instant. Furthermore, the payout may get held up if it’s a large sum – especially if you have never withdrawn a large sum before.
The Pros and Cons of Paying by PayPal at an Online Casino
The PayPal advantages are numerous, which makes it one of the best eWallets to use for casino deposits and much more. Their pros blow the majority of the competition out of the water so it’s worthy of your consideration. Here are the top advantages to consider:
- Speed: the majority of PayPal transactions are instant, which means there are no frustrating waiting times. This enables you to quickly move winnings between casinos if you feel like constantly changing where you play. However, you need to check with the casino to see what the PayPal processing times will be like in practice.
- Free transactions: most casinos allow you to use PayPal without charging a fee, which means there is more money to play with. However, when withdrawing there might be a fee within your PayPal account depending on where you live.
- Privacy: PayPal is the perfect middle man if you don’t want casinos to see your banking details. It helps protect your security if you are using a questionable casino. It ensures you don’t have to worry about your bank balance being affected by potential criminal activity.
- Safety: the protection/encryption standards mean there is a low chance that hackers and unwanted parties will not interfere with your transactions. It’s one of the safer eWallets that has been around for a long time so it’s reputable. Also, there is a responsive customer service department that can help you sort out issues if transactions go wrong.
- Compatibility: you can execute transactions on both the desktop and mobile platforms. Therefore, your experience doesn’t degrade when switching from desktop to mobile.
- Reputation: PayPal is perhaps the most popular eWallet in the world, which means there are no teething problems. Most casinos understand how to integrate this payment processor effectively, which means there are no roadblocks to effective use.
To ensure you have an accurate representation of what you can expect when using PayPal you need to look at a few of the disadvantages:
- Not all casinos supported: you might be disappointed to find out that your favorite casinos might no support PayPal. Therefore, you’ll need to choose an alternative casino or payment processor.
- Country restrictions: PayPal is a well-established eWallet but it’s still not available around the world. There are plenty of restricted countries, which means you might be stuck if you live in one of those.
- Fees: some casinos might single out PayPal as one of the payment processors that charge a fee. However, this is rare and unlikely to be the case for the casino that you’re playing at.
Alternative Casino Payment Methods to PayPal
PayPal is one of the top choices but you shouldn’t limit your payment processor options. There is a bunch of flexible payment processors that offer a straightforward way of depositing and withdrawing.
In this section, we won’t mention payment processor options such as credit cards and bank transfer.
Here are the alternative eWallets you can use when PayPal isn’t an option:
Skrill: this eWallet has excellent security functionality that ensures your money is kept safe. It’s regarded as the closest PayPal competitor due to the quality of features offered. You can link your Skrill account with a bank account or deposit using other eWallets such as Paysafecard. Skrill is also simple to use and there is a flat fee of 1% for payments.
Ukash: this eWallet is in the form of a prepaid card that enables you to make online deposits. Plenty of online casinos offer this eWallet as a deposit option and it’s typically instant. It’s also a payment method that respects your privacy and offers decent security. However, the downside is that it’s not as widely accepted as PayPal.
Paysafecard: this is one of the industry-leading eWallets that has a lot of users. Deposits are 100% secure and it already has a lot of popularity in the eCommerce world. However, you’ll find that there are fewer casinos allowing withdrawals compared with deposits. No processing fees are charged and you can execute transactions using a mobile.
Staying Safe at Pay by PayPal Casinos
Using PayPal at a casino is safe but you can take measures to ensure you don’t run into scams or losing your money due to hacks. Here are a few noteworthy ideas on how to stay safe at your PayPal approved casino:
- Check casino legitimacy: you need to verify the casino in question to ensure it offers good security measures for transactions. Look at certifications and licenses from reputable governing bodies.
- Read reviews: check casino reviews to see what experiences other players have had. They might mention security and payment problems that are educational. Don’t give too much weight to one review since customers can get disgruntled about anything.
- Read the fine print: make sure to read the fine print to ensure you don’t get locked into a situation you don’t want. For example, if a casino offers PayPal deposits but not withdrawals then you should know about that.
- Software download: make sure to download software from the official website. Scam websites might be offering a download with a virus, which is worth knowing. Check to see the URL on the download page to make sure you’re downloading from the right place.
- SSL encryption: Look out for the lock sign, which signifies that SSL encryption is used.
- Amount of money: only deposit the money that you can afford to lose. Casinos can lock up money for extended periods for reasons such as identity verification. You don’t want the hassle of stuck money that you’d rather have in your bank account.
What Games Can You Play at Pay by PayPal Casino Sites?
PayPal casino sites offer the same type of games as when using other types of deposit options. While casinos offer hundreds of games to play they fall into the following categories:
Poker: Poker is one of the more popular card games at casinos that come in different variations. Learn all the variations so you can choose the one that you’re best at. Make sure you understand the rules and strategies that increase your chances of winning.
Slots: most casinos offer hundreds of slot games that have themes. With so much choice they never get old and the animations are visually appealing. Some slots offer jackpot which means you can hit it big with one spin.
Live games: a lot of casinos offer live games where a real dealer is providing the action via video link. For example, roulette can be played where you place your bets and watch the dealer spin the roulette wheel. It adds an extra layer of immersion that gives the feeling of a brick and mortar casino.
Does a PayPal Casino Bonus Exist?
You can get bonuses for using PayPal as the deposit method. However, you need to read the fine print to see what deposit methods are valid for taking advantage of bonus offers. Some casinos limit bonus offers to bank transfer and credit cards while eWallets are excluded.
You’ll struggle to find PayPal specific casino bonuses, but you don’t have to when there are plenty of great generic ones all around the internet.
Final Word on Online Casinos That Accept PayPal
Now that you’re equipped with the knowledge of the best PayPal casinos to get started on it’s time to choose. Since deposit and withdrawal times are typically fast you can try out a bunch of casinos mentioned here to see where you’re going to have the most fun.
Also, don’t forget about the advice on how to stay safe and how you can use PayPal to get started. Understanding the limitations ensures there are no nasty surprises down the line.
It’s a payment processor that hordes of happy punters are using on some of the top online casinos in the world. What payment method do you like to use at online casinos? Let us know in the comments!
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