PayPal
PayPal is probably the most popular electronic payment service in the world. It is possible to use it to make all kinds of payments: You can use it to buy a meal or to purchase a flight. Naturally, you can use it for online gambling too. Players from Europe are especially lucky in this regard: US players cannot use this eWallet to make gambling payments, but PayPal UK users can freely use this method in lots of online casinos.
Getting a PayPal account is easy: Just visit the official website and fill out the registration form. After adding a payment method (such as credit card or IBAN number) to your account, you can start making payments via PayPal. You are still paying with your credit card or bank account: PayPal is just the intermediary service between you and the casino.
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Deposit Using PayPal
To make a deposit to a PayPal casino, start by selecting “PayPal” from the offered payment options. Enter the amount you want to deposit and hit the “proceed” button. Once you do that, a separate page will open, and the official PayPal site will be loaded. Note that the rest is independent of the casino, you will be paying via the official website. Enter your username/password, and you will asked for confirmation for the transaction. If you confirm and have enough funds on your account, the process will be completed instantly. Switch to the online casino and check your account: You should be able to see the deposit amount there.
Withdraw from a PayPal Casino
Withdrawing money is different than the deposit process. Once more, pick “PayPal” from the offered options and provide such information: The amount you want to withdraw and the email address that is associated with your PayPal account. Note that you do not need to log in to the official PayPal site during this process. The casino will send the funds directly to your PayPal account. However, the withdrawal time will be different for each casino – it can complete in a couple of hours or business days.
Why Use PayPal in Online Casinos?
- Security. PayPal is a much secure payment method than credit cards or bank transfers. You do not need to share any financial info with the casino – the whole transaction is managed by PayPal itself.
- Speed. PayPal casino transfers are instant. You do not need to wait.
- Ease of Use. Anyone that can use a computer can use this payment method too. It is probably the simplest one out there.
Avoid Using PayPal In Online Casinos, If… :
- the casino does not natively support your local currency, it may be better to choose another payment option. This is because PayPal will automatically convert your currency to the currency of the casino and there will be a financial loss due to this conversion.
- online gambling is illegal in your country. In this case, PayPal may reject serving you.
PayPal Bonuses and Promotions
PayPal bonuses and promotions are rare, to be honest. Since this is an already popular payment method, casinos usually do not offer a specific bonus for using it. However, you can still find some websites that offer a match bonus (usually between 10% – 15%) for payments made with PayPal. In this case, a certain percentage of your deposit is matched by the casino and reflected your account as a bonus. You can use this bonus to play games and/or withdraw it. However, there may be some wagering requirements before doing those.
