Well hello there, it’s Dave again, this time looking at PayPal Casinos. As over a hundred million people use PayPal, chances are that you’re familiar with how it works, but on the off chance you’ve not used PayPal before, allow me to explain the important bits about online casinos that accept Paypal. Continue reading..
Can You Use PayPal At A Casino?
- PayPal is basically a free payment service. You sign up for your account, and then you enter the details from your old school credit or debit card;
- You can add multiple cards and then select which one you want to use when it comes to payment;
- The buyers don’t pay any fees for money transfers, which makes it a great deal for consumers;
- When you pay with PayPal, the company you’re buying from only receives the details of your PayPal account, which is much more secure.
The burning question for anyone thinking of using this service in a casino is obviously ‘can I receive payments?’ And the answer is yes my friends, if for some lucky reason another person, or business.
For example, LeoVegas casino, needs to send you money, they can pop it in your PayPal account, which you can then cash onto the bank or debit card you have connected to your account. A remarkably convenient way to securely pay for things via different credit or bank cards.
Deposit & Withdraw Using Paypal
While paying online may still be novel for some folk, using an even newer service like PayPal at a casino can leave people fretting, and there’s absolutely no reason for this. If you’re used to whipping out your bank card and typing in your digits to pay, then you will be delighted about how much easier it is to use PayPal, and it poses no extra risks to your bank accounts.
In fact, it’s actually more secure. Here’s how it works for payments:
- Step 1: When you’re on an online casino and you’re ready to hit the payment page after playing your no deposit free spins, you simply select ‘PayPal’ as a payment option.
- Step 2: This will open a window asking you for the email address and password for your account, rather than asking for the details of your bank card.
- Step 3: Once your password is entered you’re good to go. Just follow the instructions and make sure the right amount of cash is entered for a transfer.
And should you be so lucky as to win some cash from your little flutter? The online casino will make funds available on their withdrawal page, as per usual. When you choose to withdraw, you select PayPal as your withdrawal method.
Once again entering your email address and password, and the funds will be deposited into your PayPal account. It’s exactly the same as when you would have previously entered your details to withdraw funds, except you’re sharing a lot less personal information. It couldn’t be safer or simpler.
Benefits Of Using Paypal At Casino
Despite the many benefits explained above of using PayPal, a lot of people remain on the fence when it comes to setting up an account. To really decide if this service is right for you, have a little gander at the following Pro/Con List:
- PayPal recently got a European Banking Licence, which means they are legally obliged to provide the highest levels of security for their customers. This makes PayPal one of the safest ways to pay or transfer money online.
- It is ridiculously easy to use. This is user-friendly and can be managed by the most stubborn technophobes in no time.
- You keep your anonymity, and the seller doesn’t receive any personal information.
- The payments are immediate and completely free.
- It’s quick and easy to set up an account and makes paying online a lot faster in the future.
- No more squinting at your bank card and typing the numbers over and over every time you want to make a bet.
- PayPal isn’t used by many casinos, so it’s worth checking out if the online casinos you often use are compatible with the service.
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Frequently Asked Question About Paypal Casinos
Can you gamble using PayPal?
The answer is yes. Most casinos do not accept PayPal, since it is an expensive payment method. However, there are a few casinos that accept PayPal. We know of several online casinos that do.
Can you use PayPal at all online casinos?
Unfortunately not. The list of PayPal casinos is limited. Most casinos prefer not to accept PayPal payments since with PayPal the seller has to pay a fee of up to 5% in order to receive money. Now think that casinos often have a return to player percentage of 95% or more. It is very easy to see why certain casinos would reject PayPal in favor of less costly payment methods.
Are there PayPal alternatives for online casino?
Luckily there are. Skrill, Neteller, and EcoPayz are three digital wallets that are just as easy to use as PayPal. These e-wallets are just as user-friendly and reliable as PayPal. Just like PayPal, they also charge small fees.
The only difference is the way the fees are calculated. You pay only to send money and not to receive it. If you are looking for a PayPal alternative, head over to the Skrill, Neteller or EcoPayz websites and create an account. Most casinos accept these three.
How to play casino with PayPal?
Playing at an online casino with PayPal is very easy. First, you must create an account. Head over to the casino website and create a username with a password. Fill in the rest of your personal details. Next, head over to the cashier. Choose an amount and select PayPal as a payment method. You will be automatically directed to the PayPal website. Log in, and confirm your payment. Your deposit will be instant and you can start playing immediately.
How often can I use PayPal?
You can use PayPal as often as you please. There is no limit to how many times you can use PayPal at an online casino or any other online merchant. Simply make sure you have enough money on your real money account to back up your PayPal payments.
Can I withdraw using PayPal?
If a casino allows PayPal payments, they probably also allow PayPal withdrawals. Simply head to the cashier and select PayPal as a payment method for withdrawals. Choose the amount and as soon as the casino has confirmed the payment, it will appear on your PayPal account. Keep in mind that PayPal does charge fees, which can eat at your winnings. If you can, select a cheaper method.
Do I need to register at PayPal?
Yes. PayPal follows international and national banking laws. As such, they need to know the identity of the owner of the account. They can sometimes ask for a copy of your ID, or even utility bills to prove your identity and address. Of course, if the e-wallet was not linked to your personal name, anybody could use it, and you could not prove a thing. This is what makes PayPal a secure, reliable and safe payment provider.
Is PayPal safe for a casino?
PayPal has been around since 1998. It became popular after it merged with Elon Musk’s X.com in 2000. Since then it has become increasingly popular, becoming the Ebay’s main payment method. In all those years, there has never been a large scandal or data leak. With so many reliable sites and people using PayPal, you can be sure it is safe.