What is PayPal
PayPal is an online payment method & processing platform that has turned from a pretty small company with humble beginnings into a behemoth in the payment world and e-wallets industry, becoming the second most used online payment method online after credit and debit cards.
Started in 1998 by 3 guys and originally called Confinity, they merged in 2000 with X.com – Elon Musks online banking company – and PayPal was born. Being merged with Ebay and integrated specifically for use on the auction platform, they split from PayPal in 2014 and became their own payment option.
Within a short while, PayPal soon became the standard for online shopping and online payment methods with its security and discreet banking options, easy integrations and pure convenience. With it being viewed as one of the global leaders in payment processing, it's no surprise that it's set to become a major competitor to some of the bigger banks and up there payment processors, whilst also shadowing over some of the smaller e-wallet online payment processing options such as Neteller and Skrill.
To just realise how big PayPal is, just in the last quarter of 2019 they have almost 10 million new sign-ups with $200 billion worth of transactions being put through the payment processor. It's no surprise that a new PayPal casino is becoming one of the hottest casino types to play on, and that PayPal is one of the most used payment methods for deposits and withdrawals at online casinos and live dealer sites.
In it's most basic form, PayPal online casinos allow new players to make deposits and withdrawals into their account without the online casino itself getting to know any of their details every time they sign up – they just need to put their bank account details or credit cards/debit card details in to PayPal and they're all set up.
Other features they have included in their platform include:
PayPal.me – This is a link you can share directly with someone and it allows you to receive real money payments without having to share any bank details.
PayPal App – Use a mobile app on your phone to receive and send money with just your phone.
PayPal Access Card – This is a debit card they created with MasterCard that can be used to buy things and get real money out of cash machines with your PayPal funds.
PayPal One Touch – This is an integration that allows you to stay signed into PayPal and buy items online with just either a click or verification on your phone.
Advantages to Playing at a New Casinos That Accept PayPal
Now you know all about where PayPal came from and at how big the business is, let's get down to the nitty-gritty – Why you should use it at online casinos. There are plenty of amazing reasons why you should be playing at a new PayPal casino, including:
Casino PayPal deposits are speedy and free
This is the big draw towards playing at online casinos that accept PayPal for most punters. They want to be playing on their favourite online casinos' games and slot games as fast and easily as possible – new PayPal casinos make this casino experience a reality with their speed. You can be playing some online slots at home on your phone when you run out of funds – you simply log onto your PayPal app, easily transfer money from your bank account into your PayPal account and then deposit that money into your online casino account – all within minutes!
The speed at which you can get funds from your bank account to PayPal, then PayPal to casino account is pretty much unrivalled by any other payment method. With other methods such as bank account transfers you're stuck around waiting for the transfer to be accepted and there is a tonne of moving parts, which can make the deposit process long and tedious. No such problems using PayPal.
These instant deposits into your casino account are free as well if there isn't any currency conversion going on. So if you're playing at one of the many new Paypal casinos and you're paying in with Great British Pounds, then you're fine and all deposits you make will be free. You may also get a cheeky deposit bonus aswell!
PayPal withdrawals are also fast
Another big one for many punters that puts PayPal above other casino banking options is getting access to their winnings from their casino & slot games fast and safely. The best PayPal casinos allow that, with the time for transferring your money from your PayPal account to your bank account being minutes in some cases. Compared to other methods, online casinos that accept PayPal are one of the fastest ways to get your winnings from your casino account into your bank account so you can spend them!
Ability to store multiple bank accounts and cards in one account
Instead of casino players having to set up different accounts for your different bank cards and bank accounts to make a deposit and all of the head aches that can cause, a casino with PayPal payments allows users to store it all safely and neatly within one account.
Play at any of a range of casinos that accept paypal
One of the hassles of joining multiple new casinos is management of your payments for all of them. Joining multiple casinos is very common for punters, to get the most out of the first deposit bonuses and welcome packages. When playing at the best PayPal casinos, you won't have this bother. You can pool all of your funds into just one account, making management on your deposits and withdrawals quick and easy.
Fully licensed and regulated
Being one of the biggest payment gateways in the world, you would expect PayPal online casinos to try their hardest to ensure they meet every little requirement and condition from higher powers. This is exactly what they do, with them meeting every license and regulation they need to wherever they're used.
High Limits for depositing and withdrawing
This makes casinos that accept PayPal great for big spenders, who want to bet big and win big. The deposit limit itself is usually set through the online casino and varies from casino to casino, but the amount you can have passing through your PayPal account is extremely high.
Incredible security when you deposit and withdraw
This is the main feature for new players of using PayPal online – it's incredible security measures. We'll go more in-depth on this point later, but just know that PayPal is one of (if not THE) most secure ways of payment online and they pride themselves on the many layers of protection they provide againts financial fraud and identity theft.
One Touch Payment system
This innovative technology from the minds at PayPal has revolutionised online payments and made them quicker than ever before. When you activate it, you'll be able to pay for anything online with just a few clicks – or even your fingerprint if it's compatable with your phone!
Round the clock customer service support
Another big draw for casinos that accept PayPal is the fact PayPal itself offers help and support 24 hours a day, with live chat, phone support and email all thrown in there to help.
Mobile Friendly
Finally, to make things ultra-convenient for all customers PayPal has gotten itself a user-friendly app that allows full management of their account, and the website is also mobile-friendly. You now don't need to get off of your phone or tablet to deposit or withdraw from the online casino!
Disadvantages to Playing on a PayPal Casino
With all of the upsides, there's sure to be downsides. Whilst nowhere near as vast as the advantages, here are a few of the negatives we think you'll find when using PayPal and playing at the best casinos with PayPal:
Not all online casinos accept PayPal
As much as we'd love every single online casino to accept PayPal. The truth is that not all of them do. There are some online casinos out there who don't accept it and that's usually for one of the following reasons:
- It's not a legitimate site: Online casinos which aren't legitimate don't like the fact that punters are covered by the security and opt to not feature it as a payment method. This is something you need to look out for when checking to see if the online casino you want to play at is legitimate: having trusted payment methods like PayPal and making sure they're licenced by the Uk Gambling Commission.
- They don't pass PayPals' standards: PayPal places some heavy standards on any business that wishes to use them, and some casinos which don't meet this standard won't be able to use it as a way of payment.
- They don't want to pay PayPal fees: when these casinos use PayPal can have some hefty fees for businesses and they can mount up, so online gambling sites that don't want to pay these won't use it.
There can be fees imposed by the online casino
Speaking of fees, sometimes an online casino using PayPal will either pass on these fees in full or partial to the casino punter, charging them a percentage anytime they want to make a deposit or withdrawal via PayPal. The casinos doing this are few and far between, but it's always worth checking on the terms and conditions just in case they try and sneak any fees in there.
PayPal may freeze your account if you break terms of service
PayPal takes their service incredibly seriously, and breaking their terms of service may cause them to freeze all of the money you have in your account whilst they investigate. This process can take a while to solve and can mean your money is held indefinitely for a while, which no punter wants!
You'll Need to be verified
To be able to use your bank account with PayPal, you'll need to be verified. Whilst this is a simple and speedy process, some players who value their privacy and don't want anything on their bank statements may object to this and not want to have to be verified.
How do I Make a Deposit With PayPal
Playing at the range of casinos with PayPal is quite an easy process and signing up only takes a few steps:
Sign up for a PayPal Account
The first thing you'll need to do is to get a PayPal account. This is done easily in a few steps:
- Go to the PayPal website and click on “Get Started”
- You'll have to full in some account information – Your country and region, First name, Last name, a valid email address and password, then click next.
- Next, you'll have to enter details about your address, date of birth and nationality, then click next.
- Now you'll have to confirm that you've read through the user agreement and the other documents. Then you just need to verify your email address by clicking on the link in an email they send to you and your account is created!
Next up, you'll want to link your cards and a bank account that you want to use to deposit with to your PayPal account.
- Go to your wallet in your PayPal account and find the link a debit card or link a bank account options.
- Enter the details necessary.
- Before you'll be able to send or receive money through PayPal, you'll need to verify the account or card you've linked. This is a quick process where PayPal deposits a very small amount into your account with a code as a reference, and you just enter the code they send into PayPal.
- After this, you're all done and can make your choose your deposit amount and get ready to start playing!
Choose a casino with PayPal to play on
When choosing a new PayPal casino to play on, there are a few things you want to look out for:
- Firstly, make sure it accepts PayPal as well as other reputable payment methods. This is the whole reason you were looking for a casino in the first place! Casinos will usually put the PayPal logo on the bottom of their website to show that they support it as a payment option and that you can use it to make casino withdrawals and deposits. Having other payment options that are well known also helps in showing that the casino is legitimate – as a rule of thumb, the more payment processors the online casino has, the better.
- Next up you want to check to make sure the security of the website is top-notch. You're going to be depositing with PayPal so you're pretty secure on that front, so making sure the casino is safe and secure is the next stop. Check to make sure the casino is licenced by the UK Gambling Commission as we said before as this show the online casino has met their high standards. Also check to see that the casino has an up to date SSL certificate, which encrypts the website and protects it from hackers. If the online casino you want to play on doesn't have these, then we suggest avoiding it!
- Next, you want to check things such as any deposit bonus (like some free spins!) you can claim on the new PayPal casinos you want to play on, the line up of regular promotions you can find to keep you playing and finally check the support options just in case you get into any bother.
- Follow the instructions to sign up.
When you've signed up for the PayPal casino and claimed your deposit bonus, you simply need to follow the simple instructions provided to make your deposit with PayPal. The casino will usually make this extremely clear and simple to do and then you're all set to play on your favourite slot or live casino game.
Requirements for using PayPal
To get started using this amazing payment method, you'll need a few things:
A Bank Account
It goes without saying you're going to need a bank account! As this service isn't actually a banking service itself, you're going to have to have your own bank account to withdraw from and deposit to.
A Debit Card
You're going to have to link one of your debit cards to your PayPal account – this will add a whole new level of ease when you're moving money from this card into the casino account of your choice.
The Mobile App
While not absolutely vital, having the PayPal app on your mobile device just makes things like getting into your account and checking your balance a little bit easier
Games You Can Find at the Best PayPal Casinos
At these casinos with PayPal, you're going to be able to play all of your favourite games, with the ease and convenience of PayPal. No more waiting for hours or days to get playing – just a few minutes and you'll be all set to play. Some of the games you'll find include:
PayPal Slots
Whilst there isn't a special slot range just for users of PayPal, you're going to be able to play the full slot range at that particular online casino just as you would do with any deposit method. You're going to have access to all of the new slots that have recently launched, the big win jackpot slots and the ever classic slots such as Starburst, Gonzo's Quest and Book of Dead. With many players playing on an online casino purely for the thrill of the slots, playing on a PayPal casino adds a whole other level to the convenience – and with a possible deposit bonus!
PayPal Live Casino Games
With the rise of live casino games and the enjoyment and interactivity you can find in them, pretty much every online casino site out there has some sort of Live casino component – This is certainly no different with a PayPal casino and they often feature a nice arrangement of live dealer games, with versions of Baccarat, Blackjack, Poker, different roulettes and more!
PayPal Casino Security
The security features already built into PayPal are some of the best you can find online. They have multiple layers to keep their users safe with them meeting every requirement of the UK gambling Commission using things such as:
Extremely high-level data encryption: Using some of the most advanced and high-level encryption methods on the planet, PayPal makes sure any financial and sensitive information you put into their system as a casino punter is encrypted, meaning it can't be seen by any prying eyes that may be looking to use it for their means. They use special SSL encryption – represented by the padlock symbol nest to the address baron your web browser – to make sure that any data between your internet browser and any of their servers during casino deposits or withdrawls is totally secure. They also make sure any of your data that's in transit and that is actually stored by their servers is encrypted as well.
Authentication by Email: being as big as it is, scammers sometimes try to use fake PayPal emails to get the information of unsuspecting victims and commit identity theft. The fake 'email phishing' attacks are a major problem and PayPal as a business works with some of the biggest email providers – such as Gmail, Yahoo and Microsoft – to help authenticate email communications. This means that most of the time these email providers can know the difference between the unauthenticated phishing emails and the real one.
Multiple factor Authentication: If all that wasn't enough, PayPal also offers something called 2FA or two-factor authentication. This adds an extra step in the confirmation process. What happens is that when you log into the PayPal payment platform, a code is sent to your mobile. You then have to enter this code into PayPal. This option has to be turned on through the PayPal settings and isn't on your PayPal account by default.
Special Passcodes: When you use PayPal for casino deposits & more, you'll often come across a special security step that's built into many online shops. This step is called a 3D passcode and is a form of authentication by your bank and some banks may require you to enter a password or a special code you've set up with your bank.
24/7 Fraud Monitoring: PayPal has a special department set up purely to monitor any fraudulent activity they see. This department is working around the clock to spot anything that would be considered fraudulent and make sure peoples money is always safe in their hands.
PayPal Casino Bonuses
The great thing about playing at casinos with PayPal is the fact that you can claim any deposit bonus or welcome bonus easily if that casino operator accepts PayPal as a form of payment and it's not excluded in the casinos' bonus terms and conditions. Most of the casinos we offer here accept PayPal as a form of payment, so you'll be able to pair up the ease of depositing with PayPal to the bonus in the casino – brilliant!
Some of the other e-wallets – such as Neteller or Skrill – are usually excluded from the bonus, meaning users of those can't claim a wide range of juicy welcome packages that are on offer.
Some of the bonuses you should expect to find on these online casinos include:
Free spins – The one everyone loves! If your deposit bonus has these, you can get up to hundreds of free spins when you deposit with PayPal. We've seen 10 free spins, 25 free spins, 100 free spins and even more at casinos. You can also find full welcome packages with multiple amounts of free spins for your first 3 PayPal deposits.
PayPal casino deposit match bonus – Want top play with double the amount you make on your first deposit – or even subsequent deposits – with PayPal? Well then this is the bonus you want to be looking for!
Other casino bonuses – Other bonuses you'll find at an online casino that accepts PayPal could be a percentage bonus on top of your bonus amount, cashback offers and even entry into prize draws for luxury real-life prizes such as amazing holidays and cars.
Mobile PayPal Casinos
With mobile compatibility and mobile optimised casinos becoming the norm, you're going to find that there are absolutely tonnes of mobile casinos out there that accept PayPal. Like we mentioned above, the easy mobile banking options for PayPal mean that deposits and withdrawals on a mobile casinos with PayPal are super easy.
In many of the best PayPal casino sites, you'll find that you can use PayPals One Touch feature to make transfers from PayPal to your player account at the casino instantly – you just need to set up the one-touch feature on PayPal. remember, your details will be encrypted on these mobile devices as well!
You can even actually manage your money and make a new PayPal deposit at a casino through the PayPal app – making it the perfect payment processor to use when playing at a mobile casino.
Deposit and Withdrawal Limits
PayPal and casinos that operate with it have some of the biggest limits when you deposit and withdraw from online casinos you can find out there. You'll find that pretty much every online casino using this banking option will have deposit limits ranging well into the thousands – absolutely great for any players wanting to make some high roller stakes! The exact same applies in the reverse for payout out limits – using PayPal you'll often find that these limits are extremely high, whihch is great if you win big on any of the games.
With minimum limits at these casinos, these are often set by the new casino themselves. The usual range for minimums is somewhere between £10 and £20 varying per casino. This allows for both the high rollers and the lower stakes players to use PayPal as a great method for banking.
Payout Times With PayPal
This is one of the many reasons PayPal is so popular with regular online casino players – it offers one of the quickest ways of getting hold of your winnings!
There are quite a fewPayPal online casinos out there which offer payouts for your winnings in under 24 hours and some even have instant PayPal withdrawals. this will allow you to access your funds quickly, which means you can get to spending those winnings sooner than when you're using other banking options. To make that even better, the icing on the cake is that when you make a withdrawl from your ewallet, it will usually be complete within a few hours.
This same process applies for deposits or paying in times. These are also processed instantly, so you can start playing your favourite slots or live casino games on a casino accepting PayPal as soon as possible. You won't be messing about trying to find your bank card and type in long 16 digit numbers or having to mess around with account numbers – this goes twice as fast with PayPal one touch, a few clicks and you're playing.
PayPal Alternatives
If all of this doesn't sound like your cup of tea and you want to use a more traditional payment gateway or a different e-wallet, here are a few alternatives:
Debit cards: Whilst not as safe as PayPal since you don't get their special encryption and security features, Debit cards also offer the option for instant payments but they can charge a deposit fee. This is commonly 3-5% of the deposit amount, so if you're making a big deposit you could have to cough up a big chunk of change. The exact percentage the new casino will charge will be on the casino sites banking page, which is always good to check!
Boku: This popular pay by phone method is also fast and secure. The only thing is that you're limited to a maximum of £30 a day which can put some high rollers off. It also doesn't allow for withdrawals.
Paysafe card: Here you're going to pay into the casino sites with a Paysafe card, which is a special card you charge up with money. This method is secure but isn't as fast a PayPal and again doesn't allow for withdrawals.
Skrill: Popular with new casino punters, this is another e-wallet like PayPal. Whilst not as big, widely used and not having as many security features built-in, it's widely accepted at online casinos. This does come with more fee's though – such as an inactivity fee and a fee when transferring money to your bank account.
Neteller: Another payment method which is hugely popular at online casinos, Neteller is an e-wallet which is owned by Skrill and so features many of the same benefits. Also coming with it are the same fees though – an inactivity fee and for withdrawals to your bank account.
Other Tips to Stay Safe
With PayPals safety features, You know you're going to be using one of the most secure forms of banking out there. But there are a couple of other measures you should have in place to make sure you're being as safe as you can be at the best PayPal casino sites:
Use a very strong and unguessable password
Your actual PayPal account is protected by a password that is set by you, so you want to be making sure that it's very strong and equally as unguessable. You should avoid using extremely obvious passwords such as birthdays and names that relater to you i.e. childrens or pets names. Also try to make the password a good mix of upper and lower case letters, symbols and at least 12 letters long.
Look out for scammy emails
The common act of ‘phishing' of bogus attempts to get your private information such as passwords and bank details over email. No legitimate company would ask for this information, especially over email! If you see any emails in your inbox asking for your sensitive information, steer well clear of them – avoid opening them, never, ever click on any of the links or images in them and delete/report each email straight away. P{ayPal have their own helpful and in-depth guide about this topic if you want to read more.
New PayPal Casinos: FAQS
Do PayPal casino sites accept other forms of payment?
Yep – most online gambling sites will accept a wide range of payment types. You'll be able to change between whatever banking options you want to use when you want to make a deposit – the choice is totally yours!
What is the mimum deposit at a casino with PayPal?
This depends on the casino itself and varies wildly. Some casinos have an extremely small minimum deposit such as £5, £2 or even £1! Although most online casinos will have a minimum deposit of between £10-£20.
Can I use PayPal for gambling in the UK?
PayPal itself is almost world wide – with the UK being one of the top countries for using it. Using PayPal to play on online casinos is perfectly legal in the UK, and any casino we list here on NewCasinosUK will meet all requirements from the Gambling Commission to be considered a legal casino, – so when you choose to play on one of our recommended casinos you can be sure everything is above board!
What shows up on my bank statement?
On your actual bank statement, each deposit should come up as just a PayPal payment. You can check and monitor your actual account activity in your actual account, which will have all of the detailed information such as merchant for every transaction.
If I use PayPal to deposit, do I have to use it to withdraw my winnings?
For most online gambling sites out there, this is a yes. In the terms, they will state that you'll need to withdraw with the same method deposited if applicable. This is to stop any chances of money laundering.
Can I link more than one bank account or bank card to my PayPal account?
You can – you can actually have multiple cards in one PayPal account, making it extremely easy to manage your money in PayPal itself. Note that you can only have a bank card linked to one PayPal account.
