PayPal Casinos 2023 - Helpful Guide for Gamblers Using PayPal

Why You Should Use PayPal at Online Casinos

PayPal is a secure payment method that is gaining massive popularity among gamblers. This electronic wallet allows lightning-fast transactions and unmatched privacy. It's a perfect choice if you're looking for instant withdrawal casinos.

Here are some of the biggest reasons you should use PayPal at online casinos:

• It accepts multiple cards.
• Support for the most widely-used currencies.
• It allows players to deposit money without revealing their financial details.
• Widely accepted in the gambling space. 
• It provides easy, fast, and free transactions. 

The UK Gambling Commission has recently prohibited online casinos from accepting credit card payments. PayPal might be the perfect workaround in this situation. 

Lastly, we can't forget to mention PayPal's biggest selling point - convenience. Having all your banking information in one safe place means peace of mind. 

And paying with a couple of clicks means more time for playing. 

Getting Started with PayPal

PayPal is a digital wallet that allows registered users to pay for various services and goods with their wallet's balance when PayPal is allowed at checkout. 

Most online retailers prefer PayPal as a payment method, and land-based businesses will accept this type of payment without any issues. 

To start paying with PayPal, you first must register for a free account. You will need to provide your personal information and, in some cases, verify your identity by sending pictures of your ID card. 

After creating an account, you can link your bank account, debit card, or credit card in seconds. This will allow you to pay for goods and services or make casino deposits by simply logging into your account and approving the payment. 

International Availability

PayPal prohibits gambling activities in countries where gambling might be illegal. However, such activities are permitted everywhere else, granted that PayPal is present in that country. 

The service is available in over 200 countries, with 25 supported currencies. The official list of supported countries can be accessed on their website. 

How to Deposit and Withdraw Using PayPal at Casinos

Out of all payment options accepted by an online casino, PayPal must be one of the simplest to use. You’ll find detailed instructions below on how to deposit and withdraw funds through this method.

Deposits

To make a PayPal deposit in a casino, you can follow these steps:

• Log into your casino account and head to the cashier section. 
• Choose to deposit funds and click on the PayPal option. 
• A new window will pop up where you can enter your PayPal e-mail address and password. 
• Confirm whether you want to spend using your PayPal balance or choose a preferred card that’s linked to your account. 
• Start playing! 

Withdrawals

Here is how to withdraw your casino winnings using PayPal: 

• Log into your online casino account and access the cashier section. 
• Choose withdrawals and set the amount you’d like to withdraw. 
• When prompted, pick PayPal as your preferred method. 
• Confirm the transaction. 

Depending on the casino operator, PayPal withdrawals might need additional time for processing. It is common for online casinos to reserve up to two business days to process the payment.

However, the moment they release it, your funds will be available in your PayPal account. Withdrawing from PayPal to your bank account might also take time to process. Luckily, you can pay a small fee to use the Instant Money Transfer feature. 

PayPal Casino Transfer Times

Money transfers between your PayPal account and your casino of choice are instant. 

When depositing funds to your PayPal balance, though, you might need to account for some processing time. Most credit and debit card deposits will be available almost immediately. 

Bank transfers can take a bit longer as these transactions need to be approved by the bank. In these cases, you can expect delays of up to two business days. 

Depending on the casino operator, withdrawals might need additional time for processing. It is common for online casinos to reserve up to two business days to process the payment.

However, the moment they release it, your funds will be available in your PayPal account. 

Other Useful PayPal Services

PayPal accounts are already helpful for gamblers as stand-alone tools. However, this e-wallet has a few special features that you might find useful. 

• Digital Wallet: you can securely hold all your cards and bank accounts in one place and even deposit money directly into PayPal for later use. This will help you avoid any waiting the next time you're in the mood for a game. 
• Mobile App: the functionalities of your PayPal account are all available to you in their app, which means you can deposit funds or spend the money you withdraw from anywhere with an internet connection. You’ll barely need to see your cards anymore. 
• Physical PayPal Card: For those who still like the feel of a plastic card, PayPal lets you order a physical card that you can use for your entire PayPal balance. After connecting them to your account, you can bench all of your old cards. 

In addition, a PayPal account allows you to buy, hold and sell cryptocurrencies, save money with interest and receive paychecks and government payments up to 2 days early. 

Pros and Cons of PayPal Casinos

Most of the top online casinos accept PayPal. Of course, this means that the pros outweigh the cons. For the key takeaways of both categories, please check the table below. 

Different casinos might have certain perks or disadvantages for using PayPal, so make sure to check the site’s Terms and Conditions. 

PayPal Casinos Safety and Security

Due to their end-to-end encryption and two-factor authentication, PayPal transactions are as safe as possible. All transactions require your password and, if you choose, a mobile app confirmation. 

When logging into any new device, you will need to provide a confirmation code. In addition, any changes to your account will require the answer to a security question of your choice. 

Since you won’t be entering your bank information on any site, merchants won’t have access to your data. This lowers the chance of you getting scammed or the casino leaking your data to prying eyes. 

Common PayPal Scams

No platform is foolproof, but PayPal is one of the safest payment methods out there. If you want to be safe, you can’t forget how creative scammers can get. 

Here is a list of some of the most common PayPal scams: 

• Advance-fee scams - users are promised a large sum of money after paying the scammer a “fee.”
• Accident scams - scammers “accidentally” send you a sum of money from stolen or hacked accounts, then request it back through a non-reversible method. Then, the initial sum is taken from your account when the first victim reports the fraud. 
• Phishing scams - scammers impersonate PayPal representatives through e-mail or fake landing pages and request your password. The most common phishing scam is claiming your account was locked or restricted.

To ensure you don’t fall prey to these scams, never share your PayPal password with anyone, and always double check you’re logging into the official site. 

Things to Look for When Choosing a PayPal Casino

Before signing up for a PayPal casino, you should check a few things to ensure maximum security. 

1. The casino is properly licensed and regulated by a competent authority. 

This should be one of the first things you check when choosing a casino. You can usually check a license by scrolling down to the site's footer section. 

2. Any minimum and maximum limits for PayPal transactions.

You will usually find any limits a casino has in place on its Terms and Conditions page or in the cashier section. 

3. Casino offers or promotions for using PayPal.

Many casinos incentivize their players to use PayPal through bonuses or various rewards. Keep an eye out for these promotions to get the most out of your funds. 

Also, look at their game selection and other players’ reviews. Many PayPal casinos are trustworthy, so you can choose the one that most appeals to you. 

Fast transaction times, an easy-to-use interface, and an excellent customer service team are all factors that you can consider. 

Alternative Popular E-Wallets

If you don’t have access to PayPal or would prefer not to use it, here are some alternatives. 

Neteller is a money transfer service that works similarly to PayPal. Online casinos widely accept it, and it is easy to set up. 

This is yet another wildly popular digital wallet that you can use in most online casinos. Please note that deposits using Skrill might be subject to different terms than regular deposits. In some cases, using Skrill won’t make you eligible for certain bonuses or promotions. 

This digital wallet is a fan favorite since it doesn’t require any card checks. It isn’t as popular in online casinos, but there are still plenty of operators that accept ecoPayz, especially in the UK.  

Want to Play Right Away? Choose Your Favorite PayPal Casino

Chipy already did some of the work for you, so you can start playing as soon as possible. Please refer to our list if everything’s clear and you’d like to register for a trusted, reputable online casino that accepts PayPal. 

Choosing the best one for yourself might be a difficult decision, but it doesn’t have to be. Our list of PayPal casinos was tested and reviewed by real casino players, so you’re only left with the best possible options. 

All that’s left for you is to judge them based on personal preference. How about picking the one with the best color scheme?