Established in 1998, PayPal is among the pioneers of the online payment industry reaching over 192 million customers from a total of 202 countries across the world. The payment solution enjoys a great popularity among customers in Great Britain and ranks as the number one online and mobile payment method in the country.
As online gambling is fully legal in the UK, a staggering number of players opt for using PayPal to deposit funds into their casino accounts or cash out their winnings. What’s more, this convenient, secure and flexible payment solution is accepted by most legitimate and established gambling providers on the web.
|PayPal at a Glance|
|Payment Method Type||E-Wallet|
|Launch Date||Founded in 1998|
|Based In||San Jose, California, the United States|
|Supported Countries||202 countries, including the UK, Denmark, France, the USA, Belgium, Ireland, and Australia|
|Supported Currencies||GBP, USD, BRL, AUD, CAD, CNY, CZK, DKK, EUR, HKD, HUF, INR,ILS, JPY, MYR, MXN, TWD, NZD, NOK, PHP, PLN, RUB, SGD, SEK, CHF, THB|
|Account Types||Personal, business|
|Minimum Deposit||No minimum balance requirements|
|Minimum Withdrawal||£1 to £7,500 per day|
|Top-Up Options||Credit cards, debit cards, bank transfers|
|Withdrawal Options||Bank transfer, debit cards|
How PayPal Works
It is hardly surprising so many players decide in favor of using PayPal as a payment method at their preferred web-based casinos. The method is exceptionally simplified and efficient.
PayPal is a third-party online payment processor and an e-wallet, which allows players to send or receive funds to and from their online casino accounts without disclosing sensitive personal or financial information in the process.
Of course, in order to use PayPal as a deposit and withdrawal method at online casinos, players need to register with a PayPal account, connect it to their bank account or one (or more) of their credit/debit cards, and successfully complete the account’s verification process.
Once the verification process is complete, all players are required to do is top up their PayPal account from the card or bank account they have linked it to and make their first casino deposit with this convenient e-wallet. Read on for more information on how to open an account at PayPal.
Watch PayPal Video
Registering a PayPal Account
Registering a Personal account at PayPal is rather simple, prompt and hassle-free so players are unlikely to experience any difficulties, even if they are not very experienced in using e-wallets. To open a Personal account, one needs to visit the official PayPal website and fill in some personal information in the registration form. Opening an account does not involve any fees.
Upon completing the registration, players need to verify the account in order to lift its withdrawal limit. There are two ways to complete the verification and the first one is to link the PayPal account to your bank account. In this case, players should answer a confirmation call from PayPal’s authentication service to validate their personal information.
The second way is to connect the newly opened account to your credit card. PayPal will make a small refundable charge to the card to generate a 4-digit code for verification. The code is displayed in players’ bank statements. When the player logs into their PayPal account and enters the code in the “Confirm my debit or credit card” field, the deducted sum will be reimbursed, so that the account is verified. Once you top it up, you are ready to make your first PayPal deposit and start gambling for real money.
|PayPal Customer Support|
|Working Hours||Monday through Sunday from 8:00 am to 6:30 pm for UK customers|
|Customer Support Languages||Most languages supported by the PayPal website|
|Live Chat Facility||No|
|Email Address||Contact form|
|Telephone Lines||08707 301 881 for the UK, 1800 054 378 for Australia|
Depositing at Online Casinos via PayPal
Depositing at online casinos via this payment processor is exceptionally simple. All you need to do is sign into your casino account with your log-in credentials and head to the Cashier menu where you need to select PayPal as your preferred deposit method.
Then, you simply fill in the amount of money you wish to transfer to your online casino account and follow the instructions to confirm the transaction. Deposits carried out via Paypal are typically processed within minutes, so you will be able to place a real-money wager on your favorite video slot or blackjack variation shortly after.
Please note, PayPal supports a wide range of currencies, 25 to be exact, including GBP, CAD, EUR, USD, SEK, CHF and HKD, among others. Besides, some leading online gambling operators grant players special reload bonuses on deposits carried out via PayPal.
Withdrawing Your Winnings with PayPal
With PayPal, cashing out the winnings you have accumulated at your favorite web-based casino is just as simple as making a deposit. While the procedure is almost the same, there is one important factor to consider.
Unlike deposits, which are transferred instantly, withdrawals might take some time to complete due to the casinos’ processing times. Depending on the withdrawal amount, a verification may be required for security reasons. Withdrawals via PayPal and other e-wallets are typically processed within one or two business days, but of course, it all depends on the policies of the casino you are playing at.
|Online Casino Payments with PayPal|
|Supported for Deposits||Yes|
|Supported for Withdrawals||Yes|
|Deposit Processing Times||Instant|
|Withdrawal Processing Times||Usually instant after approval|
The PayPal Mobile App
PayPal gives players the opportunity to boost their casino accounts while on the go. If you happen to run out of funds to play with but do not have access to a computer, you can easily top up your casino account in seconds by using PayPal’s mobile application. The payment processor offers two applications for free download – an iOS app and an Android app, available in the Apple Store and the Google Play store, respectively.
What’s great about using the mobile apps is that you are instantly notified whenever you receive money, so if your casino winnings are processed to your bank account or credit card, you will find out right away.
|PayPal Mobile Compatibility|
|Dedicated Android App||Yes, requires Android 5.0 and above|
|Android App Rating||4.2 out of 5 stars|
|Dedicated iOS App||Yes, requires iOS 11.0 and above|
|iOS App Rating||4.7 out of 5 stars|
|Android App Size||88 MB|
|iOS App Size||278.1 MB|
|Android App Languages||English, Arabic, Bulgarian, Czech, Danish, Dutch, Estonian, Filipino, Finnish, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Latvian, Lithuanian, Malay, Norwegian, Polish, Portuguese, Romanian, Russian, Simplified Chinese, Slovak, Slovenian, Spanish, Swedish, Thai, Turkish, Vietnamese|
|iOS App Languages||English, Albanian, Arabic, Bengali, Bulgarian, Czech, Danish, Dutch, Estonian, Filipino, Finnish, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malay, Norwegian, Polish, Portuguese, Romanian, Russian, Simplified Chinese, Slovak, Slovenian, Spanish, Swedish, Thai, Turkish, Vietnamese|
|Browser Access||Yes, on Chrome, Safari, Opera, Mozilla Firefox, Microsoft Edge, and more|
Fees and Limits
Many gambling enthusiasts choose PayPal as their payment method because it is quite affordable. Most web-based casinos do not charge players for depositing via PayPal. It is the gaming operators that cover the transaction expenses.
Generally, it is free to process payments with PayPal unless currency conversion is at hand in which case a fee of £0.20 will apply.
When players first register a PayPal account, they will notice it has an annual receiving limit of £1,700. To lift these receiving restrictions, players are expected to complete their accounts’ verification by logging in with their PayPal usernames and passwords and following the instructions.
|Costs of Using PayPal|
|Casino Deposit Fee||No|
|Casino Withdrawal Fee||No|
|Dormancy Fee||£9 per month|
|Top-up Fee||Varies based on country|
|Withdrawal Fee||£1.50 for card withdrawals, free for bank-transfer withdrawals from personal accounts|
|Currency Conversion Fee||4.5% (might vary based on country)|
It is no coincidence PayPal is so popular among online casino players. The payment processor is regarded as one of the safest methods to deposit and withdraw funds to and from one’s online casino account.
To make a deposit, players are required to use only their PayPal username and password without having to disclose any sensitive personal or financial information. Additionally, all transactions to and from their PayPal accounts are encoded with heavy SSL encryptions.
|PayPal Safety and Regulations|
|Ownership||PayPal Holdings Incorporated|
|Authorized By||UK Financial Conduct Authority, Luxembourg Commission de Surveillance du Secteur Financier|
Advantages of Using PayPal at Online Casinos
PayPal is rightfully considered one of the best payment methods to use when gambling on the web. First and foremost, PayPal is regarded as one of the safest online banking solutions as all transfers are encrypted heavily and no sensitive financial information is disclosed to third-parties.
Additionally, players are able to retain their anonymity as they only need to enter their PayPal password and username to process a deposit to their casino account. The payment processor is quite easy and convenient to use, not to mention payments are usually transferred in a matter of minutes. Finally, when no currency conversion is involved, players will not be charged any fees when using this online payment solution to deposit or withdraw in web-based casinos.
|Main Benefits of Using PayPal||Main Downsides of Using PayPal|
|Trusted method with over 200 million active users||Restricts gambling transactions in some jurisdictions|
|Supported by over 7 million online merchants||UK players cannot top up their PayPal balance with credit cards|
|Available in most UK-licensed casinos||Requires account registration|
|Fully compatible with mobile devices||Requires account verification to lift certain payment restrictions|
|Supported for withdrawals and deposits||Charges fees for withdrawing from your PayPal balance|
From this, it follows gambling enthusiasts simply cannot go wrong if they decide to use PayPal as their preferred method of payment. PayPal is regarded as a time-efficient, secure, convenient and easy-to-use online payment solution, allowing players to manage their casino funds in a hassle-free manner. But most importantly, players will see PayPal is listed in the Cashier sections of most established and reliable online gambling providers.
PayPal Casino Payments FAQ
Can all gamblers use PayPal for casino transactions?
Unfortunately, the answer is no. PayPal is available to UK players at some UKGC-licensed casinos but the company prohibits gambling-related transactions in markets where online gambling is illegal or unregulated. With that said, you can use PayPal for other online purchases in over 200 countries.
However, only gamblers based in the UK, Belgium, Italy, Spain, Portugal, Ireland, and Sweden can deposit and withdraw with this e-wallet at online casinos. Bettors from the US can also utilize the method but only in states with regulated sports betting like New Jersey, Nevada, and Pennsylvania.
I cannot use PayPal at some UK-licensed casinos. Why is that?
Most likely, this is because you have used a credit card to fund your PayPal balance. As of April 14, 2020, the British regulator (UKGC) completely outlawed the use of credit cards for both landbased and online gambling transactions. Only non-remote lotteries are excluded.
The ban extends to virtual wallets like PayPal if they are linked to and funded with credit cards. You can overcome this obstacle by linking your wallet to a debit card or topping it up with some of the other supported methods like bank transfers, for example.
Can players receive casino bonuses when depositing with PayPal?
It all depends on the individual policies of your chosen online casino. Some gambling operators disqualify players who deposit with PayPal (and other similar wallets) from bonus participation. The most common reason for the method’s exclusion is that some customers use them for bonus abuse. They would take advantage of the loopholes in the promotional terms and conditions to increase their chances of capitalizing on the bonuses.
Can I use PayPal for casino deposits on my mobile device?
Yes, you can. All you have to do is install the Android or iOS PayPal app for free and you are good to go. You can access your PayPal account on mobile with your existing log-in credentials. There is no need to open a separate account. The Android app has over 100 million downloads and works optimally on Android 5.0 and above. The other free app is available in Apple’s App Store and requires iOS 11.0 or higher.
How can I receive customer support from PayPal?
PayPal provides customers with a great support service, starting with the Resolution Centre where you can resolve different payment and account-related issues. There is also a Community Help Forum where you can ask fellow PayPal users for assistance.
At the moment of writing, over 2,500 community members were online. You can rest assured someone will always be there to help you out. You can also reach the UK customer support team by calling 08707 301 881 or filling in the contact form so they can get back to you via email.
Are there any alternatives to PayPal?
If PayPal is unavailable for gambling transactions where you live, there are plenty of other similar alternatives you can use to deposit at your favourite online casinos. Virtual wallets like ecoPayz, MuchBetter, WebMoney, Neteller, and Skrill all function similarly to PayPal. These are global payment methods with broad availability in dozens of countries.
Some of these wallets were created primarily with the needs of online gamblers in mind. They pose as a great solution for players who are reluctant to directly use their cards or bank accounts for gambling-related payments.
Submit your review
I have often used PayPal for making transactions between my casino balance and I would like to share my experience with you. Making a PayPal account is a simple and painless process. You basically need a valid email address and a bank card. As soon as you have opened an account you are ready to make your first deposit. Topping up your casino balance is instantaneous as the money appears in your account immediately. Withdrawals are also quick taking anywhere between a few hours or several business days. Dealing with PayPal’s customer support is an adventure in of itself. They will lock your account at the slightest suspicion of fraud, even if nothing of the sort occurred. PayPal can be a blessing and a curse, with experiences varying from person to person.
PayPal is one of those services that you will either love or hate. It has a good side and a bad one. Starting with the good, PayPal allows users to make instant deposits and pretty quick withdrawals, at a very low cost, which is often covered by the casino itself. Sadly, PayPal is not as widespread as other eWallets like Skrill and Neteller, so you will not find it at every single casino. PayPal offers a very good service, provided that you can take advantage of it.
PayPal is a service that I have utilised for a very long time. I use it not only for shopping online but also for moving funds from my casino accounts. What I like about PayPal is that it lets you make both deposits and withdrawals, unlike many other payment services. Unfortunately, PayPal has some rather unfriendly terms for business, and as a result, not many casinos support it, which in my opinion is a real shame. On a more positive note, PayPal is for the most part very cheap, or completely free, to use by consumers. Transaction times are also very short, further adding to the advantages of this service.
PayPal is the world’s most popular eWallet and is used by many players to deposit funds into their casino account. PayPal is available in a large number of countries and is accepted as a payment method in many online casinos. The main advantage of PayPal is that it doesn’t divulge any of its user's private information. It is also relatively cheap to use for consumers, and sometimes the casinos front the cost for the transactions. The drawback comes from the PayPal staff. Many users have reported over the years that PayPal is pretty erratic when it comes to security, locking accounts for no explicable reason. What you also have to take into account is that not all casinos support PayPal, with many preferring to work with Skrill or Neteller.