PayPal Casinos
PayPal was established in 1998 and is located in California and eBay bought the company in 2002. PayPal is a very popular alternative payment method which has received numerous awards for their service, more than 20 awards in fact. They won two individual ‘Best Financial Services Site’ awards from the ‘06 Webby Awards and the ‘06 Webby People's Voice Awards respectively.
How does PayPal Work?
Members use PayPal to send and receive money via the web, and you can do this once you sign up for a free PayPal account. You can fund you PayPal account via you credit card or bank account, and this will then allow you to make PayPal payments.
When you buy something via PayPal, you usually click on PayPal during the website in question’s checkout procedure. You can fund your account and PayPal will then transfer it securely to your beneficiary’s account. After you make a payment, PayPal will send your recipients an email to notify them that they have been paid.
An important issue to look at is how sellers transfer their PayPal funds into their banking accounts. This process is quite easy for US residents, as well as residents of 7 other preferred countries that allow transfers from PayPal accounts to bank accounts. US residents don’t pay for these transfers, although the other countries pay a small transaction fee. PayPal is currently accepting people from 43 countries but in only 7 of these countries outside the US can members transfer money: Canada, France, UK, Germany, Netherlands, Australia, and New Zealand. Keep in mind that it takes between three to five working days to withdraw cash from your PayPal account.
PayPal Pros and Cons
One of the reasons we would recommend PayPal is because of their low fees, especially for personal account clients. If you open a personal account, you can receive up to 100 dollars per month free of charge, whereas businesses account holders must always pay to get money. Instead of charging high fees like some other alternative payment methods PayPal only charges a % of the transaction and a small transaction fee.
Some people might say that PayPal is overprotective as they don’t allow certain countries to join. Individuals from countries such as South Africa are allowed to make payments but they are not allowed to receive funds. This can be frustrating for individuals who do freelance work for overseas companies. Also, some people have complained that PayPal has suspended their accounts without providing a good reason. The upside of PayPal’s strict security measures it that their fraud rate is much lower than most other alternative payment methods.
Outside of the eight preferred countries including USA, Canada, France, UK, Germany, Netherlands, Australia, and New Zealand; merchants aren’t able to easily transfer money out of their PayPal accounts. Some merchants wonder why PayPal could not simply mail a check in US dollars to merchants from these countries. PayPal is sticking to its guns and says they are an electronic transmission company and not a paper one, and that issuing checks cost a lot of money.
Related Reading
| PayPal payment method fees and facts | |
| PayPal is popular in these countries Canada, Ontario, CA, Germany, Spain, United Kingdom, Ireland, India | |
| Countries restricted from using PayPal | United States |
| Available accounts | 2 accounts (1 personal + 1 business account) |
| Available currencies | AUD, BRL, CAD, CNY, CZK, DKK, EUR, HKD, HUF, ILS, JPY, MYR, MXN, TWD, NZD, NOK, PHP, PLN, GBP, RUB, SGD, SEK, CHF, THB, USD |
| Account management fees | free |
| Account unused | free |
| Exchange fees (FX) | 2.5% |
| p2p Money transfer | |
| Send money p2p | free |
| Receive money p2p | Free for p2p in same country and currency by using bank or PayPal balance only.By transferring money internationally, with different currencies or by using a credit card the fee is between2.9% + 0.30 USD (from US to US account) and7.4% + 0.50 USD (from US to Brazil account)–> PayPal User Agreement #Receive Money |
| Deposit fees | |
| Bank transfer | free |
| Instant bank transfer | free |
| Credit card | between 2.90% + 0.30 USD and 7.40% + 0.50 USD |
| Withdraw fees | |
| Bank transfer | free |
| Cheque | 1.50 USD |
| Prepaid card at the ATM | 1.95 USD |
| To merchant site | free (only available at few online gambling providers) |
| Cashback and promotions | |
| Additional bonus programs | none |
| PrePaid card | PayPal PrePaid MasterCard |
| Requirements to order | customer for 60+ days with premier or business account |
| Fee to order | free |
| Membership | 4.95 USD/month |
| Costs for cash withdrawals at the ATM | 1.00 USD + 2.5% FX fees, 1% + 2.5% FX fees outside the US |
| ATM transaction decline fee | 1.00 USD |
| Costs at points of sale | free |
| Stop payment fee for preauthorized | 10 USD |
| Online bank statement | free |
| New PIN | free |
| New prepaid card | 5.95 USD |
| Cash withdrawal at ATM limits/24h | 940 USD |
| Points of sale limits/24h | 5,000 USD |
| Delivery time | 2-4 weeks |
| Prepaid card available currencies | EUR, USD |
| Validation | 3 years |
| Two factor authentication | PayPal Security Key |
| Fee to order | 29.95 USD |
| Money-back guarantee in case of fraud | yes |
| Link to terms & conditions | https://www.paypal.com |
Online Casinos
accept PayPal
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FAQs
Are there any currency exchange fees applicable for PayPal transactions?
What about deposit or withdrawal fees? Will I get charged for funding my PayPal account?
What is PayPal Prepaid MasterCard and how does it work for online casino players?
Is PayPal a secure payment method of choice for handling my online casino funding activities?
Will I be eligible to receive player benefits and bonuses from online casino operators when using PayPal for deposits and withdrawals?
Are PayPal transactions reversible in case I decide to cancel my deposit?
Overall Ratings
Member's feedback (19)
Translation 
I think PayPal is good in itself, but unfortunately almost no online casinos that I know of offer this payment method so far. But maybe in the future. I also think it's good that you can transfer money to your account very quickly if you want, without having to pay any major fees.
Finde paypal ansich gut aber leider bieten die zahlungsmethode fast keine online casinos die ich kenne an bisher. aber vl ja in zukunft. Finde bei paypal auch gut das man sich sehr schnell auf sein konto was überweisen kann wenn man will ohne grosse gebühren.
I like PayPal but have never seen it as a banking option in a casino. Be that as it may, it is a highly versatile and widely available wallet and comes with features like PayPal card and pay in 4. I use PayPal to transact online internationally because it is quicker than the banking system
Paypal is a decent way to deposit or withdraw from a casino. It's quick and easy. The best thing about it is the convience of using this form of payment. I'm glad a lot of casinos are moving to putting it as a currency method. Only bad thing is , the reason I didn't give it a 5 is it allows Paypal to be in your business...
Paypal is a decent way to deposit or withdraw from a casino. It's quick and easy. The best thing about it is the convience of using this form of payment. I'm glad a lot of casinos are moving to putting it as a currency method. Only bad thing is , the reason I didn't give it a 5 is it allows Paypal to be in your business about what you use your money for and in my opinion there in your business to much already. For example if they think your sending to much crypto they will put a stop to it.
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PayPal is a good payment method for mostly everything except Casino and online gambling. It you want to deposit for activities such as online gambling, you should look into other deposit and withdrawal options.
Really, the truth is that it is not the best method to withdraw your winnings or deposit either because Paypal accounts usually have a limit and also if that were not enough, not many reliable casinos offer it as a payment method to use, in my opinion if you are looking for speed It's perfect, the problem is that there...
Really, the truth is that it is not the best method to withdraw your winnings or deposit either because Paypal accounts usually have a limit and also if that were not enough, not many reliable casinos offer it as a payment method to use, in my opinion if you are looking for speed It's perfect, the problem is that there are better and more functional methods for each one.
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PayPal is a really good payment method it is so quick with transfers which I like but unfortunately cannot be used for gambling it is still good safe method of transferring your money really quick and hassle free.
I like using PayPal for a lot of things some casinos offer this as a payment option but PayPal does not support gambling and they will limit your account so I suggest you find other options for banking If you want to keep your PayPal account. I’ve learned the hard way!
Hello to all out there, so , I think that Paysafe is better that srillex,, and i f7nd Casino that pays good bonus
Throughout the years Paypal has become more and more useful! I don't know how long since I had Paypal for but from the very beginning until now it's been one of the best overall payment solutions including withdrawing funds from Coinbase and for shopping. As a deposit method for gambling sadly Paypal isn't an option for...
Throughout the years Paypal has become more and more useful! I don't know how long since I had Paypal for but from the very beginning until now it's been one of the best overall payment solutions including withdrawing funds from Coinbase and for shopping. As a deposit method for gambling sadly Paypal isn't an option for us canadians but it seems to be great for players in the UK. One of the greatest methods out there that stood the test of time! Mega thumbs up!
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Excellent...! Fast and easy but also secure deposits and withdrawals are uncomplicated with PayPal and I really appreciate that.
Super...! Schnelles und einfaches aber auch sicheres Ein- und Auszahlen, geht mit PayPal unkompliziert und das begrüße ich sehr.
Paypal is such a quick and easy banking option I absolutely think this is a great way to pay
Jesse Sears
2 years ago
Sr. Newbie
are these couple of casinos that actually take PayPal deposits legit? I cannot believe that PayPal in this day and age would do business with online gambling providers, US-facing or not, so I am extremely iffy when deciding to trust any casino that happens to take PayPal as a deposit method. What do you guys think anyone...
are these couple of casinos that actually take PayPal deposits legit? I cannot believe that PayPal in this day and age would do business with online gambling providers, US-facing or not, so I am extremely iffy when deciding to trust any casino that happens to take PayPal as a deposit method. What do you guys think anyone actually played at these 2 casinos?
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PayPal is actually a good payment method, but unfortunately it is no longer accepted in online casinos. It is my favorite for sports betting providers because deposits and withdrawals are quick and possible without any fees.
PayPal ist eigentlich eine gute Zahlungsmethode, die aber leider in Online Casinos nicht mehr akzeptiert wird. Für Sportwetten Anbieter ist es dafür mein Favorit, da Ein- und Auszahlungen schnell und ohne Gebühren möglich sind.
Recently, I think PayPal is a much better payment method, since you can have your PayPal balance paid out to your Visa or Mastercard. And the best thing is it is immediately credited to the credit card :)
Ich finde PayPal als Zahlungsmethode seit kurzen noch viel besser , da man sein PayPal Guthaben auf seine Visa oder Mastercard auszahlen lassen kann. Und das beste ist es ist sofort gutgeschrieben auf der Kreditkarte :)
cant find a single south african accepting casino that accepts paypal , plural GRRRRR
Love it to pieces
Very hard to find casinos that accept Paypal deposits. Would be great if there were more casinos that accept it, there are few which I know like Paddypower and Williamhill but should be more! Withdraw from Paypal to bank account is quick, although it does not include weekends. I get the money same day if it's processed...
Very hard to find casinos that accept Paypal deposits. Would be great if there were more casinos that accept it, there are few which I know like Paddypower and Williamhill but should be more! Withdraw from Paypal to bank account is quick, although it does not include weekends. I get the money same day if it's processed before 12.00 so not much waiting.
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I have been using Paypal for years now but i can't use it for gambling i can't find any casino that will accept Paypal deposits or withdrawals from the Philippines nevertheless i can still use Paypal in other ways like accepting payments and making payments to other individuals or groups not just for gambling.
I must admit, I love PAYPAL for so many reasons, Accept Online casinos. I can't deposit nor withdraw from Paypal within the United States. Which I totally understand. I wish I could, I'd be able to play and deposit a lot more if I were able to deposit and withdraw with paypal. Damn laws. :P
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