PayPal for Online Casinos
Accepted at only a small percentage of online casinos, PayPal, used by more than 250 million people worldwide, is available in 203 countries and markets and is available in 26 currencies. Signing up for a PayPal account is simple and transactions are instant with a verified account. Using a third party payment solution such as PayPal protects users from needing to share sensitive financial data with merchant sites. PayPal accounts can be easily funded via credit card, debit card, or a bank account. PayPal allows users to receive as well as send payments from virtually anywhere in the world. PayPal also offers a convenient mobile app available on all major platforms.
- PayPal is one of the most popular and widely accepted online payment methods.
- PayPal is simple to use, allowing you to send money in just a few clicks.
- PayPal never shares your sensitive personal and financial data with anyone.
- PayPal fees are among the lowest of any online payment method.
- PayPal's mobile app is available for all major platforms, including Android, iOS, and Windows.
- Deposits made via PayPal at online casinos are available immediately.
List of Online Casinos accepting PaypalFound 25 casinos that accept players from Australia and offer deposits or withdrawals via Paypal.
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Opening a PayPal Account
To open a PayPal account, go to the PayPal website and click on the signup link. PayPal will request information regarding your identity and you're required to verify your email address. The process typically takes only a few minutes. Once the account is set up, you can add your bank account and/or credit card and complete the verification steps required to remove your transaction limits. The verification process typically takes a few business days to complete and once you are a verified user, you can make an unlimited number of transactions, typically with no fees.
Making Deposits at Online Casinos with PayPal
You can make deposits to any online casinos that accept PayPal, which is currently somewhat limited. Log in to your casino account, select real money play at the casino and then go to the cashier. Select PayPal as your deposit method and enter the amount you want to deposit. You'll then be directed to log into your PayPal account to complete the process. Funds will be available immediately. If you do not have enough funds available in your PayPal wallet to deposit the requested amount, PayPal can bill your backup funding source, usually a credit card, assuming you have added and verified a credit card on your PayPal account as a backup funding source.
Withdrawing Online Casino Winnings with PayPal
Withdrawing casino winnings to your PayPal wallet is simple. You'll usually only be required to provide the casino with your PayPal username, which is your email address. The casino may also reserve the right to ask for identity verification documents. Once funds have been transferred to your PayPal account, you can use them at any merchant that accepts PayPal payments, or you may transfer them to your bank account. Fees may apply for transfers to your bank account.
Advantages and Disadvantages of PayPal
PayPal offers a secure method of conducting online transactions without the need to share sensitive data with online merchants. It can take time to complete the process of having a verified PayPal account, which allows you to link a credit card and bank account to PayPal and have payments processed immediately.
PayPal is a top choice of merchants worldwide and with over 250 million users, PayPal is clearing doing it right. The biggest drawback? The limited amount of online casinos accepting PayPal. The availability of an instant payment method ensures you're never left waiting when you need access to your funds, and the ease of withdrawing money to a PayPal account makes this payment method a no-brainer for online casino gamers or anyone doing financial transactions online.