PayPal Casinos – Updated List of All Online Casinos That Accept PayPal
If you are looking for an online casino that supports a safe payment method then choose online casinos that use PayPal. Along with a number of great features PayPal allows users to deposit swiftly and securely and vice versa when they withdraw their winnings. This year is has been statistically proven that many more online casino and gaming platforms now support PayPal compared to the percentage of those that did last year.
PayPal has risen in popularity because of their user-friendly interface and casinos around the world are now adding PayPal as an option to their payment methods. If you don’t have a PayPal account you can simply sign up and create a free account with just your email address. You can then link it to a bank of your choice and make swift transactions from your computer or mobile device. Read on to find out more about how PayPal works.
What is PayPal and How Does it Work?
If you are new to the payment method known as PayPal then consider it the middle bank between the casino and your bank account. It is an online virtual account that you can use to store, send and receive money with just one simple click. PayPal allows individuals to access their account from anywhere in the world through any mobile or computer device that has internet and enjoy their favourite mobile online casino.
PayPal has transformed the traditional way we pay for products and services through their amazing creation and it allows users a safe way to now deposit into their casino accounts. There are different types of accounts you can create but you are only allowed one account per person. Aside from the free personal account there is also the option of a premier account and a business account. There are different types of deposit and withdrawal limits on each account type. PayPal is entirely free to use but there are withdrawal charges when you transfer money to your bank account or pay for goods.
PayPal have security options available and the customer service team make sure your account is protected against fraud, money laundering and they even offer a refund service if you buy goods or services through their money platform. There is email, online chat and a telephone line so if you need any help there is always someone from the PayPal team at hand.
Do All UK Online Casinos Accept PayPal for Deposits and Withdrawals?
Currently not all UK casinos offer this payment method. You can check with your casino if they allow this by looking at their payment method options. If you aren’t sure then you can either contact PayPal and ask or the casino itself.
Saying this you will most probably find that most reputable and well-known casinos in the UK accept this payment method because of its popularity. Casinos tend to choose this as a payment method because it supports over 25 currencies in over 180 countries. This allows casinos to welcome international and worldwide players to their platform.
Are There Any Taxes when Depositing and Withdrawing with PayPal?
Depending on the casino you are using there could be some unknown depositing and withdrawal fees when using PayPal. For example Betfair charge a minimal deposit fee of 1.5% when using PayPal. Most casinos will also have a minimal deposit and withdrawal limit. Make sure you look these up before continuing. Paypal charge set fees when withdrawing money from PayPal to your bank account and vice versa. Depending on your account type and currency these vary.
When you get paid your winnings through PayPal the casino will usually have a three day period in which they pay you. In a lot of cases it is also instant which is why a lot of people tend to choose PayPal over other payment methods.
Are There Any Casino Bonuses When Depositing via PayPal?
The best online casinos offer bonuses when depositing using PayPal. Depending on the casino and their current offers they can offer anywhere up to a 100% deposit match. PayPal dominates the virtual banks and wallets around on the net today and they are safe and secure to use which is why many casinos up taking up on this and offering players free slots, free spins, free games and extra cash bonuses when they use this method to deposit money into their gaming account.
Why Is PayPal a Preferred Method for Transfers to Online Casinos?
PayPal is the most notable, preferred and most popular method to use for transfers to and from online casinos because it is easy and safe to use. The platform is so easy to use that all you need to do once you sign up for an account is enter the amount and where you want to send it to and shows up instantly. You can receive automated notifications instantly when you deposit or withdraw through PayPal making it an even safer method. A great advantage of PayPal is also that you can apply for various bonus code offers of online casinos.
PayPal are also very high on security and are always updating their systems with the newest, safest technology and platforms to stop breaches from cyber criminals. Another thing that makes PayPal so popular is they only merge with casinos that are fully licensed. This allows the user to be confident in the fact that their casino is fully regulated for gambling and casino gameplay.
The fees are clear and known to PayPal users and most casinos will state their withdrawal and deposit fees too so unlike when you deposit straight from your bank account you won’t be charged with any hidden fees.
PayPal have been in operation for over fifteen years and they have worked up a high reputation so you can be assured that your money and personal details are safe when using them. Unfortunately, not all casinos accept this payment method as of yet but you will have no trouble finding a reliable and secure casino that you can use through PayPal to enjoy casino gameplay at its best.