How to use PayPal for casino deposits
PayPal is arguably the biggest e-wallet in the online world, although funnily enough not the gambling world. A digital wallet (e-wallet), PayPal is a name that everybody knows and trusts.
PayPal was also one of the first e-wallets to appear and have remained at the top ever since. They allow you to pay whenever you want for whatever you want, are easy to use, and can be linked to your credit, debit, and bank cards for quick and easy processing. PayPal is also thought to be the most secure of all the online casino deposit methods.
Casino deposits using PayPal
When a player wants to deposit at an online casino site using PayPal, it is a really simple procedure. They must first select PayPal as the deposit method of choice, via the cashier.
A gamer must then enter the amount that they wish to deposit, and proceed to the PayPal checkout. Here they can enter their log-in details and confirm the transaction. The player’s casino account will then be credited with the amount deposited.
Deposits made with PayPal are completed instantly, meaning you have access to your newly deposited casino funds in seconds. There should also be no fee for using PayPal to deposit cash onto your casino account. Most deposits with PayPal have a minimum limit of $10 for deposits, and a ceiling limit capped at just over $5,000.
Best PayPal Casinos
Casino withdrawals using PayPal
Withdrawing funds from your online casino account to PayPal is just as easy as depositing them. Players can click on the cashier and select PayPal as their withdrawal method. From there, the process is identical to when they made a deposit. Choose the amount you wish to withdraw and you will be taken to a screen which tells you have much you have withdrawn, and how much remains on your online casino account.
Again, there should be no fee for withdrawing your winnings with PayPal, if there is then your online casino is charging you for nothing.
Withdrawals take up to 24 hours for you to receive your money, which is a pretty quick transaction processing time, if all things are considered. PayPal’s withdrawal limits are roughly the same as the deposits. Players can bank on being able to withdraw between $10 and $5,000 per transaction.
Casinos that use PayPal as a casino deposit method
PayPal is not as common in the online casino world as it used to be. This is mainly because of the launch of several rivals, such as Skrill, Neteller and Ukash. However, in some casinos (mostly based in the United Kingdom) they are still widely found as an accepted casino deposit method. They are also commonly found as a payment method at online bingo sites.
Spin Palace Casino, Cabaret Club Casino, 32 Red Casino, Golden Lounge Casino, Nedplay Casino, Ruby Fortune Casino, Bet365 Casino, Roxy Palace Casino, Bet365 Casino and many of the United Kingdom’s other top online casino sites all accept PayPal. Online casinos based in the United States, almost never accept this payment method.
Alternative deposit bonuses using PayPal
This we can tell you with almost a 100% guarantee. No online casinos offer alterative deposit bonuses for using PayPal as a preferred payment method. Whilst alternative deposit bonuses are pretty popular, none have ever really been attributed to this payment method, so players can give up hope on this, right now.
Safety and security
Few online banking payment methods come any more secure than PayPal. PayPal is linked to your bank card, which means that the only time you share you banking details is when you sign up to PayPal.
The process of sending money from PayPal to your online casino account does not require any of your credit card details, which offers superb security for the player.
PayPal uses the online banking industries most secure data encryption technologies and they use secure servers that are not directly connected to the internet. They also have anti-fraud experts who work 24/7 to ensure the highest level of security and anonymity is met on all transactions.
Final notes on PayPal
The chances are that if you have ever bought something from Amazon, or done some online shopping in general, that you have a PayPal account. This means that the first step is already done for you, if you wish to use them as your online casino deposit method.
Using your PayPal account at your online casino is a great way to complete fast transactions with no fees or charges, and they offer a reasonable set of limits on what you can deposit and withdraw.
Given their added sense of security, and their global name, nothing really springs to mind that is safer than PayPal. If only there were a few more non-UK based online casinos offering it as a deposit method, they would probably be the top dog in online casino banking.
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