PayPal has been under a lot of scrutiny the last decade, but has risen to the status as one of the safest means to transfer money online. The online payment processor eliminates the concept of middlemen, interacting directly with the banks that their customers are using.

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Given the sheer size and the vast amount of online retailers and merchants that accepts this method of payment has made it a priority of online casinos to start adding this as one method of funding their accounts. For a long time, PayPal would not transfer money to online gambling operators, and what a pity that was when many were using PayPal for a lot of other different transactions. Now that has changed, and more and more casinos add them to their long list of payment processors you can use to fund your account with.

Best PayPal Casinos

Why Choose PayPal As Your Depositing Method?

Many of you have probably already used or have heard of PayPal before you were looking for ways to fund your online casino wallet, or some might just look for casinos that accepts PayPal. The main reason for suggesting using PayPal is the fact that so many already have an account there and knows how to use it. In addition to being well-known do they also offer very low fees for transferring funds around. Usually a small transaction fee and a little % of the money transferred.

Some are a little annoyed by how overprotective PayPal can be. They restrict a few countries, and some countries they only allow to deposit and send funds, but not receive and withdraw. I understand what a nuisance this can be, but there is a reason for PayPal being one of the least problematic with regards to fraud. They are taking every precaution to make sure that your money are safe at PayPal.

How To Deposit Funds at Online Casinos Using PayPal?

To be able to use PayPal for transferring funds, you first need to open a free account at their website, www.PayPal.com. Simply visit their site and follow the instructions on how to create an account. Remember to check if you can both deposit AND withdraw funds from the country you live in, so as to not make a great fuzz when you want to cashout your winnings.

When you have acquired an account at PayPal, you can either fund it using your credit card or make use of a bank transfer. Both are usually very swift processes. You can also choose to use your credit cards directly to where you would like to deposit your funds. This what is neat about PayPal, which makes sure you are even more insured. Because if you are scammed by someone, you can file a dispute at PayPal and hopefully get reimbursed your funds.

You might also have to verify that you actually own the designated bank account or credit card, so they will take a small amount from your account that you need to verify the exact amount of. Again, to make sure that you are not being scammed or that someone is not using your credit card fraudulently!

How To Withdraw Funds From PayPal

Withdrawing with PayPal is just as easy as depositing. Just find your way to the cashier section at your online casino and request a payout for the amount you need transferred. This will usually be a pretty quick process, so no need to wait for several days, unless you need to verify your account or something.

One thing to note is that some casinos does not allow you to withdraw to your PayPal account, even though you deposited using it. This is of concern to many, as bank transfers is often the alternative and this can take quite some time. I would contact customer service to check if the casino in fact does allow for withdrawals back to you PayPal account.

Security and Privacy

With the use of thousands of different servers that work on the Linux operating system, which are connected to an offline data server that stores customers’ information, they encrypt this data and transfers it to and from the servers when the transactions actually takes place. As one server does not exchange information with another, it is very unlikely for anyone to be able to hack the highly encrypted systems to get details from the offline database. The step-by-step transaction process that PayPal applies is what protects its members’ data, and makes it one of the safest means to transfer money to play online slots.

Our Opinion of PayPal

This is one of the most used eWallet and payment processor online and for a good reason. They are very simple and quick to use, and the security measures are impeccable. Had it not been for the lack of online casinos offering depositing and withdrawing using PayPal, it would easily have been my #1 choice. For now it has to be NETELLER that is my preferred method, but PayPal is fast coming up behind since I already use it for most anything else when I pay for stuff online.

Despite the fact that it is the most popular e-commerce payment method, PayPal online casino is not easy to find. PayPal is owned and operated by EBay Inc. and that’s probably the reason why it is not a common method in online gambling world and limited only to certain markets and only to the most reputable brands.

Below you can find a list of the best PayPal online casino sites and a short deposit guide.

PayPal casino deposits are available only to players from:UK, Germany, Austria, Denmark, Finland, Ireland, Portugal and Sweden.
Players from other countries, please visit our Casino Deposit Methods section.

Best PayPal Casinos

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Why to Use PayPal

The correct question is “why not?”:

1. Simple. As simple as buying a book on Amazon or a handbag on eBay.
2. Fast. It takes about 30 seconds to make the deposit and the funds will appear instantly in your casino account. Paypal withdrawals take the same time, but here it depends on how long it takes the casino finance department to click the Send button. The casinos listed here handle Paypal withdrawals instantly or within few hours tops.
3. Safe. If you deposit with a credit card, the gambling site gets hold of your card details. Not only once, but every casino that you sign up to. With Paypal, you do not share your details at all. You can signup to 100 sites and none of them will have access to your credit card or banking details.
4. No fees on purchases or deposits. You might be charged with standard fees on withdrawals.
5. Last. Another advantage of using PayPal is that they are extremely picky in choosing the companies they work with. Therefore, PayPal online casino is a sign of trust and reputability. If they felt safe to do business with them, so should you.

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Making a Deposit with PayPal

Depositing with PayPal is similar to making a purchase in any online store and it takes literally 30 seconds.

1. Choose PayPal deposit option.
2. Enter the amount and click next.
3. You will be redirected to PayPal website.
4. Log in to your account and approve the transaction.
5. That’s it. Have Fun!

Setting a New PayPal Account

If you don’t have an account, it takes just 2 minutes to set one up.

1. Go to https://www.paypal.com
2. Click on the Sign Up button at top right corner.
3. Select your country, language and account type, individual or business.
4. Fill in all the details
5. Click “Agree and Create Account”

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PayPal at Online Casinos

Till 2003, PayPal was the largest payment processor in online gambling industry. In 2003, they left online gambling market completely, only to return 7 years later. However, the company operates only in legislated markets and only with licensed and reputable online casinos.

That’s truly the only disadvantage of this method – there are literally only a handful of casinos that accept PayPal. We hope that with more countries legislating online gambling, the number will grow.

5 Funny Facts You Didn’t Know about PayPal

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1. Originally, PayPal wasn’t PayPal at all. It was called Confinity, similar to the company that created it.
2. Many refer to Elon Musk as the inventor of Paypal. Technically, that’s not 100% correct. PayPal (Confinity) was created by Max Levchin, Peter Thiel and Luke Nosek in 1998. Only 2 years later, in 2000, the company merged with Musk’s X.com, another online banking company.
3. What is PayPal Mafia? This is the term used to describe a group of founders and initial employees, which went on to rock our world. Those guys are responsible for many world famous companies such as Tesla, SpaceX, Solar City, LinkedIn and co-founded Youtube, Yelp and many others.
4. Who is Bill Harris? Bill Harris (together with some of the Facebook founders) is the “Pete Best” of the dot com. If you don’t know who is Pete Best, he is the guy that left The Beatles few months before the burst of Beatlemania. Bill Harris was the CEO of X.com. He left the company in May 2000 due to disagreements with Musk.
5. In 2002 the company was acquired by eBay for 1.5 Billion dollars. Currently it is worth $45 Billion.