Guide to Depositing at Paypal Casino Sites
Paypal is hugely popular in the UK, across the entire scope of e-commerce however, this e-wallet won’t work with any old casino, since not all meet their strict criteria for handling funds at online gambling sites. With Paypal, buyers have protection for goods and services using one of the fastest and most reliable payment methods around. This is just one of many reasons they’ve gained such a good reputation, and gathered millions of users, processing 4.9 billion for safe and secure transactions daily worldwide.
We’ve searched high and low to bring you the four best providers in their class, offering not only a quality casino but a safe operator working alongside Paypal. Check out the table below for highlights of our top picks , with extra information about using this payment method such as which charges to expect, and the advantages of choosing this e-wallet, especially regards to speed and security. Last but certainly not least, we’ve picked out the best available bonuses and other perks to get you started. Read pm to find the in, outs and advantages of this popular e-wallet. The Best Casinos That Accept Paypal
|UK Members:||20 million|
The Best Casinos That Accept Paypal
Having tested the best online casinos, we’ve compiled a list of the top casinos that accept Paypal on the UK market. You’re in safe hands with all of those listed below, as we’ve only included those which are fully licensed by the United Kingdom Gambling Commission.
- .Extra £30 PayPal bonusFast deposit processingVaried withdrawal methods£100Bonus5.0/5.0.
- .15% bonus for Paypal depositsFast payment processing£1,000Bonus4.8/5.0.
- .Free Paypal deposits and withdrawalsDiverse withdrawal methods£600Bonus4.7/5.0.
- .Accepts PayPal paymentsLow limits for deposits£100Bonus4.5/5.0.
From the table above it’s clear to see the fantastic benefits of depositing with Paypal and how these vary from casino to casino. Casinos are charged commission fees from Paypal, and they have the choice of passing the burden on these fees onto players. You’ll notice that none of the operators above add fees for using the e-wallet on their sites. Another factor to consider are the differences in bonuses, the minimum deposit values if you’re on a tighter budget and the processing times for that all-important cashing out time.
Why is Paypal so Popular?
It’s not hard to see why Paypal is such a popular choice for online transactions the world over as, to quote the company themselves, it’s the most “convenient, secure and cost-effective payment solution”. The benefits to choosing this e-wallet are tenfold; it’s easy to set up, payments can be made in one click across a range of good and services and best of all, it’s accepted on mobile phones too. The diagram below highlights the benefits available for their consuners.
As you can see, there’s more benefits available than the obvious; a convenient way to handle your online payments – their emphasis on security is a big draw for online consumers. Aside from Paypal, the most common form of online transactions are made with credit cards, where sensitive data is transmitted during the process. This doesn’t happen using this e-wallet because you’ll always be directed to the Paypal server to enter your password, never at the online casino. To learn more about safe online casinos and how to avoid any nasty business like scams, head to our dedicated safe casinos page.
Easy Payments With This E-Wallet
Besides singing their praises, there are a few aspects of how Paypal works that you should be aware of, specifically the steps to make deposits and withdrawals, which are briefly explained below.
Making a deposit to an online casino with PayPal is straightforward, and it can’t be emphasised enough, the importance of how Paypal is encrypted. Users will only ever input their password for confirmation of payment at PayPal’s own website. To do this, you will automatically be forwarded to their homepage, once logged in and you’ll select your deposit amount and where to draw the funds from. You’ll find your playable funds in your casino account immediately. With these short steps, you can charge your Casino account as mentioned:
- Select PayPal at the checkout
- Enter the desired deposit amount
- Confirm your payment on the PayPal website
- The money is instantly available at the casino
Immediately after the PayPal casino deposit, the cash is available and can be used for any games.
Withdrawals are just as simple as the depositing process. As a matter of principle, payouts are just as quick and easy, but there are some important points to consider during the first cash-out. First, you must confirm your identity (an anti money laundering measure) before being able to cash-out out via PayPal, using these short steps.
- Select PayPal in the cashier
- Verify identity and payment
- Payment processing by the casino
- PayPal fees for receipt of payment
Once your account is verified, you’re set up to make transactions and receive funds, for instance your winnings. The payout period, once you choose to cash out, depends purely on the individual Paypal Casino. This is typically from 1 to 3 days depending on the operator.
The Lowdown on Fees
|Fees for Payments via Paypal|
|Receiving money||3.4% + 20p|
|Charging your account via credit card||3.4% + 20p|
|Charging your account via bank transfer||free|
|Dealer terms and conditions||1.7% + £0.35|
The concept that fees are passed on to the casino itself was touched on briefly before. Some of the more generous casinos may choose to absorb the cost of Paypal. The alternative is to pass the cost on to you, the customer, in the form of a transaction fee. This isn’t the norm but it does occur, and is something to look out for when considering to use this service for high rollers especially, since any percentage charge can make a real dent in your net winnings.
Much like any mode of banking, there are indeed fees for personal use when you choose this payment type. Charges to Paypal consumers will be the same no matter which casino you choose to make a deposit with, from Betway to Eurogrand. The table to the right is a complete list of the fees you’ll encounter when using them for online casino deposits and withdrawals.
Bonuses at Paypal Casino Sites
There aren’t a ton of Paypal bonuses out there, but even so, we’ve scoped the best out from the slim pickings, and there’s some great promotions to take advantage of, especially considering its extra money, simply for choosing this medium to pay with. The most common Bonuses bonuses come in the form of a first deposit match up to a set sum such 888casino’s generous offering. This rewards first time deposits up a 100% match up to 30 when using this e-wallet. In other cases, bonuses come in the form of a percentage of each and every deposit. For example Eurogrand offer a 15% payment method bonus on each and every deposit made – simply opt in to the bonus to get your hands on some extra cash. Given the nature of these bonuses, there are of course playthrough conditions to meet before cashing out can take place, and these are detailed on the casino site. If you’re keen to shop around check out our overview on bonuses applicable with most typical payments types, across a spectrum of casinos, not limited to just this e-wallet.
Create an Account with Ease
To get yourself up and running you’ll need to register for a Paypal account. The registration process has been designed with simplicity in mind, in just 3 simple steps you’ll be up and running. After entering some personal data you’ll be taken to your new account and, to use the facilities, you’ll then be asked to verify your account. This is done by confirming your identity through your bank account. Once done you’ll then be able to charge your account and enjoy the benefits of your new e-wallet.
To confirm your bank account is a swift process. Paypal deposit 1p into your account, the subject line from this transaction includes a 4-digit code. Simply enter this code into your e-wallet to complete the registration process.
Alternatives – Phone Bill Payments
Paypal isn’t the only place to find convenient “one click” payments. E-wallets Skrill and Neteller offer a similar service albeit with slightly different fees for transactions. Those in the know are using Payforit – this nifty service allows consumers to make purchases through their mobile phone. Payments are made in just a few clicks, without the need to enter any card details since the charges go onto your mobile phone bill. Mobile billing is increasing in popularity in the UK and casinos are keen to tap into this quick and easy payment method especially considering the rise in mobile igaming.
- Easy payments by mobile
- Instant and hassle-free
- Mobile operator-backed
Players find participating casino and make small transactions. Payforit: UK users complete small payments with online vendors, The UK’s leading mobile phone operators are 3, EE, O2 and Vodafone jointly own Payforit, which means all transactions are fully supported by these companies.