Online Casinos That Accept PayPal
Paypal is great for managing your finances and keeping track of online payments, and also for adding an extra layer of privacy to your transactions.
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Payments from PayPal tend to be processed very quickly since casinos are so used to players using e-wallets. They’re also one of the cheapest ways to get the money both in and out of your account.
Overall there are loads of reasons to choose PayPal to fund your account, and on this page, we’re going to cover all of them and more.
We look at everything. It’s all here.
How to Deposit Using PayPal at Online Casinos
Since it’s one of the top online payment providers in the world, lots of people will already have PayPal accounts. If not, your first step will be to sign up with PayPal and make sure your wallet is topped up.
This process takes a little time, but it’s also very easy and you only need to do it once.
Head over to PayPal and click the signup button. You’ll need to choose the personal account option, rather than a business.
Follow the instructions by filling in your personal information, including name, address and phone number.
Once you are registered, you’ll need to top up your account. The best way to do this is by linking your bank account and PayPal account directly. This means you can transfer funds smoothly between the two, with no processing fees up to a certain limit.
If you don’t want to link them, you can also make one-off payments which may incur fees.
Once that’s all done, or if you already have a PayPal account, you simply need to head to the cashier of your online casino and choose the PayPal option in the deposits section.
You’ll be redirected to log into your PayPal account, then you can choose how much money you want to deposit. Depositing from the cashier is incredibly simple. It really only takes a minute and your cash is available right away.
PayPal Processing Fees at Online Casinos
Generally, online casinos do not charge any processing fees for PayPal transactions.
There may be exceptions to this, so best to double-check the terms and conditions to be sure. But as long as your wallet is topped up, chances are it will be totally free.
Signing up to PayPal is also free. However, you may be charged a small percentage fee to make a deposit into your wallet, depending on how you top up your account. The fee is pretty negligible – usually, a percentage or two of the value deposited.
Overall, even if you need to pay a small fee to top up your PayPal account when you first set it up, PayPal is still one of the cheapest banking options out there. If your PayPal wallet already has funds in it, you can be pretty sure you won’t need to pay any extra deposit fees to the casino.
How to Withdraw Using PayPal at Online Casinos
Yes. Generally speaking, online casinos like their users to withdraw using the same method that they deposited, so if you deposited using PayPal you should be able to withdraw the same way.
It may be possible to withdraw to your PayPal account if you haven’t first used it to deposit, but maybe not.
PayPal withdrawals generally do not incur processing fees from casinos, but there may be exceptions to this.
Every casino is different, and as always, it’s best to check out all these details in advance.
You can request a withdrawal in the cashier, similar to depositing. Just select the PayPal option and follow the instructions.
After you request a withdrawal via PayPal, your money will be transferred back into your wallet. Lots of players are happy to simply keep their funds in their PayPal wallet since it can be used to pay for a variety of things online anyway.
However, some people might want to withdraw their funds entirely from PayPal, back into their bank account for example. In this case, if you have your bank account or bank card linked to your PayPal account, the transfer should be free and fast.
If you don’t have a linked account and need to request a withdrawal from your wallet using a different method like a check, you may find a small fee.
In our experience, it pays to just keep your funds in your PayPal account rather than go through the effort of withdrawing to your bank. You have full access to the cash anyway, and it’s safe and secure in your account.
Paypal Processing Times at Online Casinos
PayPal transactions are fast. For the vast majority of sites, deposits are processed instantly and your money is available to bet with immediately.
This is one of the great advantages of using PayPal. Plenty of gamblers need to fund their accounts at short notice, and a topped up PayPal account means you can log in and start playing straight away.
While deposits are almost always instant, withdrawal times are more variable.
Instant withdrawals are processed at some casinos. Others impose mandatory pending periods on all withdrawals, regardless of what method you use. This period can range from anything from 24 hours to a week.
As a rule of thumb, a small wait time like a couple of days is not uncommon when withdrawing via PayPal. Check the terms and conditions at your online casino in advance to avoid being disappointed.
Advantages & Disadvantages of PayPal
Advantages of Using Paypal at Online Casinos
- As long as your account is topped up, PayPal is very fast. Generally, deposits are processed instantly, and this can sometimes be the case for withdrawals as well. It’s one of the fastest methods available.
- PayPal is cheap. You can charge up your account for free from your PayPal wallet.
- It’s generally available for both deposits and withdrawals, making it a convenient banking choice.
- PayPal payments are both secure and private. If you prefer not to make transactions directly between your bank account and casino, this is a perfect option.
- A PayPal account is multifunctional and can be used for a variety of online payments. It’s great for managing your online transactions and keeping them separate from your IRL purchases.
Disadvantages of Using PayPal at Online Casinos
- If you need to set up an account and top up your wallet from scratch, it might initially take a little more time and effort compared with other methods.
- Getting money back to your bank account takes longer than a direct transfer from the casino.
- If you don’t want to link your bank account to your PayPal account, you may need to pay small fees to top it up.
PayPal Ticks All the Boxes
Online e-wallets have long been one of the most popular banking methods for online casinos, and PayPal is just about the most trusted name in the business.
There are tons of reasons to use PayPal to charge up your account. It’s simple, free and means your money will be available to bet with instantly. Many people already have PayPal accounts ready to go, so it makes sense to stick to what you know.
PayPal acts as a buffer between your bank and your casino account, meaning there are never any direct transactions between the two. PayPal payments are also secure and protected, and the company has a reputation built up over decades.
The only real downside in our book is that using PayPal means you have to deal with a little more bureaucracy compared with direct payment to the casino – especially if you need to set up and fund a PayPal account from scratch.
But ultimately this is a very minor inconvenience.
We’re happy to recommend using your PayPal account to keep your casino accounts nice and full. Check out our list of recommended PayPal casino sites to get started. Here are some of our favourites:
Other Payment Methods
- Online betting with cash
- Instant vouchers
- Put pin & pay right away
- Protected privacy
- Incredibly fast and efficient
- Free to use
- Very safe and secure
- No need for an account
- Multi-layered SSL security
- Competitive processing fees
- Quick transferring speeds
- Accepted in 100 countries
- Quick and secure
- Your data is safe
- Low fees
- Layered security
FAQs
What is PayPal?
PayPal is an online payment system that you can use to top up your online casino account, via your PayPal wallet.
How fast are PayPal transactions?
PayPal transactions are fast. For the vast majority of sites, deposits are processed instantly and your money is available to bet with immediately.
Can I withdraw funds using PayPal?
Yes, it’s possible to both deposit and withdraw via PayPal.
Are there processing fees for using PayPal?
Casinos rarely charge any fees for banking with PayPal.