PayPal is a third-party money transfer business that allows users to send and receive funds online. Moreover, PayPal is now integrated in to millions of online stores, meaning that customers can use their PayPal account to purchase goods and services – including that of online casinos. Using PayPal as a casino payment method is one of the easiest ways to get your funds in and out of the casino. Take a look at our recommended PayPal casino sites in our table below – each option accepts PayPal payments.
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PayPal’s roots go back to December 1998, when tech entrepreneurs Peter Thiel, Max Levchin and Luke Nosek founded a mobile payment security company called Confinity. Then in March 2000, Confinity and Elon Musk’s rival firm X.com merged to form what would soon become PayPal.
Skyrocketing signs of early uptake from consumers led to PayPal going public on the NASDAQ stock exchange in February 2002, and the company was then purchased by auction site eBay for $1.5 billion later that year. eBay’s purchase paved the way for company milestones like PayPal Mobile and the acquisition of competing payment gateways that arrived in the following years.
PayPal and eBay parted ways in 2015, marking the end of one of the tech industry’s most celebrated partnerships, but PayPal continued to go from strength to strength. Headquartered in San Jose, this Silicon Valley giant had 377 million active users and revenues of over $21 billion in 2020 alone.
How Does PayPal Work?
As a third party payment processor, PayPal act an intermediary between the user and the merchant. To get started, you need to open a PayPal account, which takes no more than a couple of minutes. You will then need to enter some personal information, such as your name, address and date of birth.
Once initiated, you can then fund your account directly via your PayPal account using a bank account. However, it is best to wait until you are at the deposit process of your chosen PayPal casinos operator, as you will have the ability to perform an instant debit card deposit.
Nevertheless, when you have funds in your PayPal account, you can do a number of things. First and foremost, PayPal allows you to transfer money to people located anywhere in the world – even if they don’t have a PayPal account. This is an instant transaction, and if done on a UK-to-UK basis, is free of charge.
As a highly established payment processor, PayPal also allow you to use your account to purchase goods online, including that of PayPal casinos. Essentially, using PayPal is a secure way to transact online as you do not need to expose your debit/credit card details to the merchant. Moreover, PayPal also have a range of safeguards in place to ensure that you are not accustomed to online fraud, such as a ‘Buyer Protection’ scheme.
So now that you know the main premise of PayPal, in the next part of our ‘Casinos with PayPal Deposit’ guide we are going to look at how you can deposit funds at PayPal casinos.
How Do I Deposit with PayPal?
Before you attempt to deposit funds at PayPal casinos, it is important to note that your PayPal account must be verified. Whilst you can continue to use your PayPal account at a range of online merchants without verifying your account (up to a certain limit), if you plan to use it at PayPal casinos, then it must be a verified account. Among other reasons, this is to ensure that you are legally able to bet with PayPal.
To do this, you simply need to confirm some personal information, such as your debit/credit card and bank account. PayPal does this by making a small random deposit in to your account, whereby you need to confirm the code that is attached to the transaction.
Nevertheless, once you have verified your account, you can then begin your bet with PayPal journey. When it comes to depositing funds at PayPal casinos, you will be asked to log in to your PayPal account via the gambling operator. A pop-up box will then appear, asking you to confirm the amount that you want to deposit.
If at this stage your PayPal account is not funded, you can make an instant deposit using your debit or credit card. In some cases, PayPal also allow UK users to make an instant bank transfer, however the availability of this seems to be somewhat sporadic.
Once you confirm the transaction, PayPal casinos will credit your gambling account instantly. The vast majority of PayPal casinos do not charge you any fees to deposit with PayPal, which is most definitely a plus-point.
Moving forward, you will need to repeat the above process every time you want to bet with PayPal.
So now that we’ve covered the bet with PayPal deposit process, in the next part of our ‘Casinos with PayPal Deposit’ guide, we are going to look at how you can withdraw funds.
How Do I Withdraw via PayPal?
In a nut shell, the greatest benefit as a result of choosing to bet with PayPal is the withdrawal process. The key reason for this is that, like most other e-wallets, the withdrawal time-frame is significantly faster than other methods, such as a debit/credit card. In most cases, PayPal casinos will process your withdrawal request within a few hours, which once completed, means that your funds should arrive in your PayPal account without delay.
Once the funds have arrived in your PayPal account, you then have the option to withdraw them to your UK bank account. Withdrawing to a UK bank account is not only instant, but its free too.
Once again, in the vast majority of cases, PayPal casinos do not charge any fees to withdraw via PayPal.
Before moving on to the final part of our ‘Casinos with PayPal Deposit’ guide, let’s recap on the pros and cons of using PayPal casinos.
Casinos with PayPal Deposit Facilities: Pros and Cons
- Instant deposits
- Ultra-fast withdrawals – funds usually received in a matter of hours
- Secure – no need to enter sensitive financial information when you bet with PayPal
- Some casino promotions prohibit deposits that are made via PayPal
- The option to bet with PayPal is not available on all casino platforms
Casinos with PayPal Deposit Facilities: Promotions and offers
So now that you have a much better understanding as to how PayPal works, in the final part of our ‘Casinos with PayPal Deposit’ guide we are going to explore a couple of the most notable sign-up bonuses offered by PayPal casinos. To clarify, not all casino promotions allow you to deposit with PayPal, so it is always best to first read the terms and conditions.
The first recommendation from our ‘Casinos with PayPal Deposit; guide is that of William Hill, who not only have one of the most prominent presences in the UK high street bookmaker space, but they are also industry leaders in the online sector. By registering an account. Casinos with PayPal Deposit facilities such as William Hill offer new players a 100% matched buy-in bonus up to a staggering £300. You can bet with PayPal and still take advantage of this offer, although do bear in mind that there is a 30x wagering requirement.
The second recommendation from our best ‘Casinos with PayPal Deposit’ guide is that of Irish bookmaker Paddy Power, who have made a hugely successful transition over to the UK market, and as such, now make up the ‘Big 5’ of British bookmakers. Their online casino platform is vast, covering a range of casino games – both software and live, virtual games, bingo and of course, slots. Not only do Paddy Power offer new customers a ‘Bet £10, Get £50’ sign-up offer, but you are perfectly fine to bet with PayPal. Wagering is set at 50x.
New PayPal Casinos
New PayPal casinos pop up all the time, and you can be sure of finding the best of them right here at Gambling Deals. Casinos that are fresh off the block are keen to build their customer base quickly, which means they’re likely to have some sizeable welcome offers on the menu. Think no deposit bonuses, hefty matched deposit bonuses, free spins and player-friendly wagering requirements.
Of course, signing up and sticking around are two different things, so new casinos also roll out a host of exciting features to encourage existing members to return. New PayPal casino sites might offer players daily and weekly promotions, loyalty schemes, VIP membership, cryptocurrency cashier options and cutting-edge technologies like virtual reality gaming.
Before signing up, you’ll need to be sure a new casino is trustworthy and is licensed by an appropriate regulator, such as the UK Gambling Commission. Our expert team can really help you here: we never recommend an unlicensed casino to our users, so you can browse our list of PayPal casinos in the knowledge that they’re all safe, secure, and fully licensed.
Mobile PayPal Casinos
These days, pretty much every PayPal casino in the UK will offer a fully optimised mobile platform alongside its regular desktop site. This means players are able to log in and play their favourite casino games whenever the mood strikes, without having to download any software. Mobile casino sites often feature the same game selection as their desktop counterparts, though some will also have games exclusive to their mobile site.
Of course, some of the best casinos that accept PayPal also offer a native mobile app. These are free to download, with versions generally available for both Android and iOS. You’ll reap all the benefits of a mobile-optimised platform along with some nice extras, such as exclusive in-app content and the ability to receive push notifications which keep you updated on the latest bonuses. Plus, it’s just a lot more convenient being able to access casino games by tapping the app rather than going through your web browser, so we always recommend downloading these apps if you can.
Best PayPal Casinos
The best PayPal casinos don’t achieve top-tier status simply because they accept a particular payment method ‒ they have to boast a whole array of great features in order to stand out in a very crowded market.
For starters, we like to see PayPal casinos offer a variety of alternative payment and withdrawal options, nodding in approval to those casinos that make a commitment to fast payouts. In addition to comprehensive cashier options, top PayPal casinos will offer helpful, friendly customer service around the clock, and will of course host a selection of outstanding online casino games.
In particular, we like to see a large range of slots alongside a solid selection of table games, which can be enjoyed in both random number generated (RNG) and live dealer form. And we all know that a casino is made by its bonuses, so the best PayPal casinos will make their customers feel valued with a string of consistent and accessible bonuses for both new and existing players.
Customers signing up for PayPal can access several different services with a single account. Let’s look at some of the payment services available to PayPal customers.
PayPal is best known as a digital wallet. Customers can send and receive money using only their email, thus protecting sensitive financial information such as bank account and debit card numbers at the point of transaction. Multiple cards and bank accounts can be linked to your PayPal account, with users able to choose a funding source each time they pay.
Just as many of the best PayPal casinos offer a native mobile app, so too does PayPal itself. With the same great features of the PayPal desktop and mobile sites, the PayPal smartphone app puts your money at your fingertips whenever you need it – whether you want to split a bill with a friend or pay for something via a retailer’s QR code.
PayPal Business Debit Mastercard
Replacing the old PayPal Access Card, the PayPal Business Debit Mastercard is available to business account holders. The card lets you make payments from your PayPal account wherever Mastercard is accepted, both online and in store. However, it can only be used for business expenses, so casino games won’t be covered.
Just like retailers can create a PayPal QR code to accept payments from customers, PayPal users can set up a unique PayPal.Me link which they can share by email or text. The recipient can then click on the link to make a payment to that PayPal account right away, with no extra details needing to be shared. Super fast and super convenient.
Holders of PayPal personal accounts can apply for PayPal Credit, with successful applicants seeing a credit limit attached to their account. Customers can then use their credit to make purchases at thousands of online stores. Interest is payable, though customers enjoy 0% interest for four months on all purchases over £99.
PayPal Credit is a great way to treat yourself to a weekend away or a spot of retail therapy, but you can’t use this facility to make deposits at UK-based online casinos — even at those casinos that accept PayPal. This is because the UK Gambling Commission barred the use of credit to pay for online gambling and sports betting back in April 2020.
Alternatives to PayPal
We’ve already mentioned that the best PayPal casinos offer a range of banking options to customers, but let’s take a closer look at what this means. Here are some of the most common ways to deposit and withdraw at online casinos.
Like PayPal, Skrill is a popular digital wallet that allows customers to send and receive money online without revealing personal financial details. Skrill offers several handy features, including a native app, a prepaid card and a cryptocurrency exchange, but does charge fees for making transactions between your Skrill account and your bank or debit card. It’s also worth remembering that making your first casino deposit with Skrill can sometimes render you ineligible for welcome bonuses.
Adding to the choice of e-Wallets for UK customers is Neteller. Like Skrill and PayPal, Neteller allows money to be sent and received online without the need for customers to reveal information like their debit card number. Neteller features include a native app and a prepaid card and like Skrill, the e-Wallet also attaches fees to certain account transactions and can sometimes make you ineligible for casino deposit bonuses.
Paysafecard offers prepaid vouchers available to purchase in values between £10 and £175. Each one has a unique code that you can use to transfer the value into your casino account. Since customers are also able to pay for the voucher in cash at a physical retailer, this is about as secure as digital payment systems go. On the downside, the need to purchase multiple vouchers to make larger deposits means it’s not an ideal choice for high rollers, and withdrawals aren’t possible unless you find one of the rare sites that allows payouts to My Paysafecard accounts.
Boku is a mobile payment platform that allows users to make deposits into their online casino account simply by entering their phone number on the cashier page. The value of each verified deposit appears on the user’s next monthly bill or, in the case of pay-as-you-go phones, is deducted from available credit. Unlike PayPal, Boku doesn’t double as a withdrawal option, while tight spending limits make this service suitable only for casual players.
Visa, Mastercard and Maestro debit cards are almost universally accepted at casinos and will qualify for most bonuses and promotions. While the rock-solid encryption at licensed casinos makes it safe to use debit cards, some players may still prefer an option like PayPal, which doesn’t require sharing card details with casino sites. Debit card withdrawals also tend to be slower than using e-Wallets.
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