PayPal used to have a lot larger presence in the online gambling world than it currently does. However, there are still many countries that accept PayPal as one of their most trusted deposit methods. If you intend to use PayPal to deposit at casinos, it is worth making sure that you join a casino that accepts it. Below, you will find an array of top and recommended PayPal casinos that could work well for you.
Of course, not all casinos accept PayPal. This payment method is one of these where your region (or, more specifically, the region the casino operates out of) plays a massive role in determining its availability and ease of use. Fortunately, you do not have to second guess this.
You can use your filter system to rapidly break down the available PayPal casinos on our list into top selections based on your region. You also seek out PayPal casinos based on the bonuses they offer and other criteria. In short, it is the ideal way to find the perfect internet gambling site for you rapidly.
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PayPal can stake a claim to being the very first e-wallet option to go live. Originally founded in 1998 as Confinity, it merged with Elon Musk’s X.com a year later to become PayPal in 2001. The company went public the following year. The sudden success of PayPal would see it acquired by eBay in 2002 in a deal worth $1.5 billion. By 2005, PayPal had acquired VeriSign, the payment solution that protects transactions, before partnering with MasterCard in 2007, issuing prepaid MasterCards tied to the funds in a PayPal account. By 2010, PayPal had over 100 million users spanning 190 countries and offering services in 25 currencies. In 2014, eBay and PayPal would part ways, becoming separate companies once more.
PayPal’s history in the online gambling sector is more chequered. Online gambling transactions initially counted for a sizable chunk of PayPal’s revenue. When eBay acquired it, PayPal all but pulled out of the gambling market, confirming that withdrawal by the time of the UIGEA in 2006. This left Skrill and Neteller clear to carve up the online gambling e-wallet market between them. PayPal eventually returned to the market in 2009, albeit only with selected operators who fulfilled specific licensing criteria. Initially, this meant that the operator had to have a UK Gambling Commission license. However, PayPal has since permitted its services to be used at operators licensed out of Denmark, Sweden, Belgium, Finland, and other countries where national licensing authorities are present.
The chances are high that you already have a PayPal account. If not, here is how to get started:
Download the Paypal app
Head over to PayPal or get the PayPal app.
Setup your free account
Register for a free account. Link that with your bank card to top-up your balance.
Verify and fund your acccount
Verify that bank card or use another accepted banking option to fund your account.
Depositing at a PayPal casino is no different than purchasing goods. This is something that PayPal shoppers will be awfully familiar with already. As PayPal has a transaction dispute mechanism in place, it is one of the most secure e-wallet options around to use for online gambling. This goes doubly so when you consider that PayPal only works with nationally licensed casinos that are certified and secure. For instance, it cannot be found as a payment method at offshore or international casinos, such as those licensed out of Curacao or Malta.
Here are the steps you need to take to deposit (and withdraw) once you have found such a casino…
Thus far, it looks as though there are very few fees applied for having a PayPal account (save for the prepaid MasterCard). However, the fees “can” come into play if you opt to send money via PayPal to other people or if you have a business account. As this is unlikely to bother gamblers, it naturally makes PayPal an incredibly attractive option.
PayPal accepts over two-dozen different currencies. Amongst the options you can use with PayPal include Australian dollars, Brazilian reals, Canadian dollars, Chinese yuan renminbi, Czech koruna, Danish krone, euros, Hong Kong dollars, Hungarian forints, Israeli new shekel, Japanese yen, Malaysian ringgit, the Mexican peso, New Taiwan dollars, Norwegian krone, Philippine peso, Polish zloty, British pound sterling, Russian roubles, Singaporean dollars, Swedish krona, Swiss francs, Thai baht, and US dollars. Note that just because PayPal accepts these currencies does not mean that online casinos will accept them. There may be a few applied if you try to deposit using a currency at a casino that differs from the ones on your PayPal account. Fortunately, PayPal allows you to store funds in multiple currencies inside your e-wallet and convert them for free.
PayPal is one of the more selective e-wallets you can use to gamble online. PayPal casinos are available for players based in the United Kingdom, Belgium, Finland, Greece, Italy, Spain, Austria, Denmark, France, Ireland, Portugal, and Sweden. These casinos must be licensed by their national licensing authority, though. Offshore and international casinos, such as those licensed out of Malta and Curacao, are not approved for PayPal payments.
Players based in the United States, the rest of the European Union, Canada, Australia, South Africa, and many other countries cannot use PayPal as a payment method, although alternatives are available, such as Skrill, Neteller and EcoPayz, for the most part.
PayPal is not a payment method that you are likely going to be able to use to claim bonuses. Online casinos in the United Kingdom and Scandinavia do not permit players to claim bonuses when they deposit with PayPal. This will not be the case in all the approved countries, but it is the case in most of them. This is because PayPal has a strict responsible gambling policy, and it expects any operators that use its services to adhere to and promote responsible gambling.
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Again, while you may find welcome bonuses, deposit offers and more that you can claim with a PayPal deposit, we certainly would not bank on it.