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E-commerce is hard to imagine without electronic means of payments. Nowadays, there are a great many digital payment systems worldwide. E-wallets are one of the most convenient methods of an instant money transfer. Probably, the best known in the world e-wallet system is PayPal, which works in most countries of the world and allows to transfer funds in different currencies quickly and with minimal commission fees. No surprise PayPal is widely used by casino players for funding their accounts and cash withdrawal.

PayPal Overview

PayPal is one of the first providers of e-wallet services in the world. It was established almost 20 years ago in the US, and in some years it became enormously popular, mainly due to its collaboration with the e-commerce giant eBay. It was the first large online marketplace that allowed buying any goods with PayPal. As of today, PayPal is accepted in most online venues, including numerous online stores and, of course, online casinos. Gamers love this payment system for its convenience, reliability, and speed.

Why do Casino Players Opt for PayPal?

These days, online casinos have become a real alternative to brick-and-mortar gaming houses. The best sites no just offer marvelous games; they let players feel a unique atmosphere of a Vegas casino, thanks to the “live casino” option. Meanwhile, slot lovers can enjoy a splendid collection of 700+ games in one place – no land-based casinos can provide such an experience. But players need a reliable payment tool to manage their virtual finances quickly and efficiently. PayPal is selected by gamers for various reasons:

  • There are a lot of PayPal casinos to choose from; many of them offer fantastic bonuses and rewards.
  • One doesn’t need to enter sensitive financial information (card number) every time he or she wants to make a payment.
  • PayPal can be used for both depositing and withdrawal. It is convenient when one and the same wallet is used for all transactions.

Bonus-hunters can safely use PayPal as a payments tool – there are a lot of great PayPal casinos with whopping bonuses. Finally, the company has a strong and professional customer support service and a huge community, which means you’ll find answers to all your questions quickly and without any hassle.

Depositing with PayPal: How to Do it Correctly

To start funding your casino account with PayPal you need to make sure you have a valid and verified account in the system.  If you don’t have one, you can create it right now on the official PayPal website. The process is very simple and takes just a couple of minutes. Just click the button “Open an account on PayPal” and follow the instructions. As soon as an account is created, verified and funded, you can proceed to depositing.

  1. Pick out a reliable PayPal casino. There are plenty of them available, but if you are not sure what to choose, check our ranking of trusted gaming sites that accept PayPal.
  2. Sign up the casino and open its banking section. Find PayPal in the list of allowed providers and click it. You’ll be requested to enter the amount you’d like to deposit.
  3. After you’ve entered the sum, you’ll be redirected to your PP account. Insert your login and password to confirm the operation and return to your casino account. The funds should be credited on your balance immediately.

Making Withdrawals with PayPal

Withdrawing funds via PayPal is as simple as depositing. It is all done on one and the same page with just several clicks.

  1. Log in your casino account and go to the Withdrawal page. It can be found in the Cashier or Banking section.
  2. Enter the sum you are planning to withdraw (make sure it doesn’t exceed the limit set by the casino) and enter the details of your PayPal wallet. Confirm the withdrawal and wait for the funds to arrive.

The time of the application processing depends on the casino, but in general this method is faster than withdrawing to credit cards or bank accounts. It usually takes from 1 to 3 days (excluding the pending period).

Customer Support at PayPal

Though using PayPal is very easy, sometimes, users have questions regarding the service functioning. The good things about PP are is helpful support service and a really large community, which makes it easier to find answers to most questions. The support team can be reached via e-mail or phone. In many countries, a toll-free phone number is provided.

Advantages and Disadvantages of Using PayPal for Casino Payments

PayPal is the system chosen by millions, and there are clear reasons for this. The list of PP advantages is rather impressive.

  • It is a safe and reliable service. PayPal is known for the highest level of security. It protects every single transaction with special multi-layered encryption. Moreover, it exempts you from the need of entering the details of your credit cards or bank account when you pay for online services or goods.
  • The service itself is free. You don’t pay anything for the opening and maintaining of an account.
  • Transactions are instant. It is crucial for those who can’t wait several days for the money to be transferred.
  • Many currencies are supported, and a conversion from one currency to another can be done right within the system.
  • There is a dedicated PP app for the users of smartphones. It allows making quick payments right on the go.

However, nothing is perfect under the moon, and users of PayPal can’t but mention some minor disadvantages of the service.

  • Many casinos don’t accept PP. A casino should be endorsed by PayPal to get an opportunity of accepting payments via its services.
  • The transactions are not charge-free. A commission is charged for every transaction, but it is very small.

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Questions and Answers about PayPal
Q: How to start using PayPal?
You need to open an account in the system. It is free and doesn’t take much time.
Q: Do all casinos accept PayPal?
Unfortunately, no. But there are some legal casinos, accepting players from those countries where e-gambling is allowed. These casinos usually accept PayPal as a payment method.
Q: I live in the US. Can I use PP for depositing?
No, you can’t. American e-casinos don’t allow using PayPal for depositing. You can try other reliable methods – Neteller, Skrill, or bank cards.
Q: What is the maximum amount I can deposit via PP?
The upper limit varies from one site to another. But all casinos set certain restrictions. If you are a high-roller, you may opt for direct wire transfers and pay on larger amounts.
Q: Is there a fee for depositing with PayPal?
Yes, there is a minor fee that is charged for both funding an account and cashing out.
Q: How can I convert currencies when using PayPal?
It can happen so that your domestic currency is not supported by the chosen casino. In this case, it will be converted automatically by PayPal.
Q: In what countries are PayPal casinos available?
PayPal casinos are available for the citizens of the UK and some other European countries where gambling is not prohibited by the state.

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