There was a time when online casino players weren’t able to use PayPal to process their deposit and withdrawals. In fact, using PayPal for online gambling activities was severely restricted, and individuals who contravened the restrictions faced a ban from using the payment service.
The restrictions stem from the fact that PayPal is a US based company and the government of the United States isn’t one that encourages online gambling. It was also a worry that gambling sites that made use of PayPal could aid money laundering activities.
It wasn’t until other E-wallets such as Neteller and Skrill began to enable online casino payments that things started to change. These services saw an opportunity in the industry and decided to take maximum advantage of it. With fortunes made in the gambling industry, such payment systems made up a lot of ground on PayPal.
It was because of this that PayPal decided to change tactics. It removed restrictions placed and started enabling online casino sites the opportunity to make use of its service for withdrawal and deposit purposes. As soon as this started, PayPal was able to distance itself from its competitors by growing and becoming the financial giant it is today.
How To Use Paypal at the Online Casino
The way PayPal works is to act as an intermediary between a wide variety of online casinos and a player’s bank account. While the majority of modern online casino sites are very safe and secure, the truth is most people would prefer not to give their credit or debit card information to numerous such sites. Thanks to PayPal, players only have to give their details once and can pretty much process transfers to and from multiple gambling sites using the service.
The process to begin using PayPal for online gambling activities is pretty simple: first head over to the PayPal website to create an account by entering bank and personal information such as, then verify by availing the required information. Once confirmed, head to an online casino that supports PayPal as a payment method and register, while selecting PayPal as the preferred payment option. The process is pretty much the same when depositing into an online casino. There are no charges incurred and only information linked to the PayPal account is required, which means the online casino has no link to your bank details or credit or debit card number.
Where to Find an Online Casino that Accepts Paypal
Now the question is, where can I find the very best online gambling sites that accept PayPal? In practice, it's quite easy and also tricky. Admittedly, it may seem like a strange answer, but PayPal is the leading e-wallet service in the world so the majority of online casinos, if not all, support it. The challenging part is selecting from the plethora of sites available to players. Choosing a casino has to do more with preference than PayPal as there are many sites to choose from. Players, however, must ensure these online casinos are fair and trustworthy.
The Advantages of Using Paypal at the Casino
PayPal can function as a bankroll, which is a perfect tool for professional players and for those that suffer from a gambling addiction. What this means is that the PayPal account can help a player manage their wins and losses limiting the urge to chase losses on a losing streak. T E-wallet is very good at providing detailed information on transactions so tracking the movement of funds using Paypal is very easy and accurate.
Players can rest assured that their card and bank details are secure and safe when they make use of PayPal on new online casino sites. Speed is also an advantage as the processing of payments using PayPal are done in a couple of minutes while using a credit or debit card could take around five days.
The Drawbacks of Using Paypal
There are, of course, fees linked to withdrawals using PayPal and unfortunately, it is not always the cheapest option out there. Customer support is also a bit slow, while it has improved over time, it could be slightly challenging to get help when you need it.
A Straightforward and Convenient E-Wallet
PayPal is exceptionally and easy to use at the online casino. It helps that it is the largest e-wallet in the globe both regarding the volume of transactions and popularity. It is easy, quick, and accessible, which is ideal for those that like to play online. Online casino players can take advantage of PayPal by using it as a bankroll tool for charging funds set aside for gambling. It is also great for casual gamblers seeking to secure their winnings.