Online Casinos in the United Kingdom Offering PayPal
Every single human being on Earth knows that the UK is one of those countries that has enjoyed gambling and betting for ages. In fact, the country is one of the most well-known to have embraced these activities, being among the first to fully legalize them and regulate them. Online gambling, too, is legal in the country, therefore players have no obstacles when it comes to joining online casino sites. The best part is, across most, if not all UK-licensed sites, players can find one of the most convenient payment methods to use, PayPal. This is an eWallet that has been long offered across UK casinos, and for many good reasons that you'll soon learn about. Offering deposits and withdrawals in the UK pound/sterling, it is the perfect solution to use across online casinos. What is PayPal and why decide to choose it over any other payment method at a UK online casino?
The Legality of Online Gambling in the United Kingdom
As introduced, the United Kingdom of Great Britain is a country that has embraced gambling and betting, activities that have been running successfully within its borders ever since 1928. Horse riding betting used to be among the most popular betting markets in the past, but gambling houses followed. With that, the country became among the most popular gambling and betting hubs in the world.
As of 2005, online gambling has been legal in the country as well, with the UK Gambling Commission in charge of overseeing the industry. The UKGC is one of the most well-respected and strict regulators known in the industry, introducing new laws and rules to have full control over the activity at all times. Online sportsbetting, online poker, online bingo, and online casino gambling, in addition to online lottery are all legal verticals UK players can enjoy.
Previously, while the UK was part of the European Union, it had to adhere to laws introduced by the EU regarding gambling, but ever since it left the Union, these laws do not apply to the UK anymore. That means that the country has full control over online gambling activities and laws and its own laws are, in fact, pretty strict.
Every single operator trying to get access to the market knows that having a UK license is an honor, a token for a job well done when it comes to abiding by the tough online gambling laws and rules. Operators go through thorough vetting procedures before getting a license and are monitored closely once they get it. It is no secret that the UKGC immediately takes away licenses for irregularities, fines operators for big and small errors and makes sure they all treat players with fairness and respect at all times.
On that note, player protection is UKGC’s primary concern. In the past decade, the watchdog has ensured ID verification was introduced, and gambling advertisements were limited, in efforts to protect minors and people at risk from gambling online and make gambling safer.
On that note, since credit cards were being used the most for online gambling transactions, the UKGC put a ban on gambling with credit cards that came into effect in 2020, as an extra layer of player protection. This ban also affected eWallets and other alternative payment solutions linked to credit cards. However, it was explicitly explained that operators can accept player payments via eWallets only if those eWallets prevented the use of credit cards for gambling.
And that’s exactly what PayPal, one of the most popular eWallets across UK online casinos, did. PayPal forbids UK users from topping up their eWallet account with credit cards, and upon receiving the UK's FCA's approval to offer crypto services to UK nationals, allowed them to use either their bank account or cryptocurrencies to fund their eWallets.
With that, it managed to stay on top of its game and adhere to UKGC's strict rules but continued catering to UK players in the best way possible. The solution has quite a long history behind it, but since it is always abiding by the rules and laws implemented in regulated online gambling markets, it has managed to maintain a spotless reputation across the industry. That's why in this article, we'll take you over its roots and accomplishments and share with you all the perks it comes with. We'll also cover the getting started procedure and take you through the steps you need to make to successfully use it for your deposits and withdrawals across UK casinos.
Why Start Using PayPal at a UK Casino?
PayPal is one of the most popular eWallets that have been listed as accepted methods across online casinos since it debuted back in 1998 in the US. This is an alternative payment solution that has been around for decades, building its reputation and claiming many accolades along the way for the remarkable services it offers.
It is the solution that facilitates the way money is handled online without sharing any financial details with the merchant. That’s why it is particularly popular with online casino players; with it, you never share any banking information with the operator. But that’s not the only reason why it is such a hit among players. The fact that it is offered all around the world makes it easier to understand why global players are interested in it, but the fact that it is available in many different languages and allows for transactions in over 100 currencies, the GBP included, is what makes it a favorite among the more than 300 million users that use it on a day to day basis.
Thanks to the impeccable security measures it implements and the fact that all transactions you make with it are encrypted it is one of the most trustworthy solutions to use as an online casino player. In fact, the solution is dedicated to offering its services by the book, so much so that it constantly shuts down services to and re-enters online gambling markets, according to the shifting and changing laws introduced in the respective markets. This does not concern you, since as a UK player, you know that you can use it as long as you do not fund your eWallet with a credit card.
Traditionally, users can use their credit cards or bank transfer to fund it and cash out winnings from it. But, you as a UK player, can only top it up with bank transfer and cryptocurrencies, as mentioned, since credit cards are no longer allowed for online gambling transactions in the UK. So, the first thing to do is create an account with it, by visiting its official website. Press the Sign-Up button and then enter your cellphone number and email address. Create a password and soon, a confirmation mail/SMS will arrive. The next step would be funding the eWallet, as explained, using crypto or bank transfer, and the final step is identity verification. ID documents are needed due to regulatory and tax reporting reasons, of course.
About the crypto functionality, it was introduced not that long ago, in 2020, when PayPal started approving transactions via crypto. It is worth mentioning that there’s an app you could download for free, too, as well as several other services you could use as a UK player. Feel free to explore its official website designed for the UK market, and you’ll discover them all.
Therefore, knowing how powerful the solution is and how much it cares for its customers, you probably wish to give it a go. Continue reading as in the next segment, we’ll guide you through the depositing and withdrawing procedures with it across the top UK online casinos.
How to Deposit and Withdraw Across UK Online Casinos with PayPal?
Mr Green, CasinoLuck, and Casumo are just some of the leading online casinos on the UK market that you can join to use PayPal as your payment solution. In fact, your choice is huge, considering there are over 200 legit casinos listed here at LCB and reviewed for your convenience so that you can explore where you could select it for your deposits and withdrawals.
Once you've done your research and selected the site you'd like to join, all you're left to do is create an account with it. The registration is simple and straightforward with most sites, so you will probably only need to provide some basic personal details and select the GBP as your default currency. Next, to make a deposit with PayPal, you’d need to do the following:
- Go to your casino’s Payment Methods/Banking page.
- On the list of accepted methods, look for PayPal’s logo and select it as your chosen solution.
- In the pop-up, enter your username and password to access your eWallet.
- Enter the amount you wish to deposit and confirm your request.
- Go through the authentication procedure and in a minute, the money will reach your balance.
Deposits with PayPal are super easy and quick, but so are withdrawals. As you’ll see, all you’d need to do is repeat the same two steps and then specify how much it is that you wish to cash out. The casino will take it from there and check out your request. Assuming all is in order, it will approve it and, in a few minutes, the funds will arrive on your eWallet. From there, you can use them as it suits you, for further play, or cash them out, your choice.
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FAQs
Is online gambling legal in the UK?
How many licensed UK online casinos are available at the moment?
When you visit UKGC’s official website, you can check how many licenses are active at the moment. At the time of writing, there were 215 active online casino operators, but the regulator has granted licenses to almost 3,000 software providers and operators that offer arcades, sportsbetting, bingo, game and betting hosts, lotteries, and machines, therefore, you'll have plenty of choices to check out.
Is PayPal offered across all UK online casinos?
It is, indeed, offered if not across all, at least across most UK online casinos. Most of the UK sites listed here at LCB certainly accept it, so you can rest assured that you’ll have hundreds of sites to explore before you find the one to go with.
Can I cancel a deposit I sent via PayPal to a UK online casino?
Yes and no; it would depend on the status of the transaction. Enter your eWallet account and then check whether the transaction "is pending"; in that case, you can cancel it. But, if the transaction is already on the "review list", you won't be able to cancel the deposit.
Is PayPal always an option for withdrawals if listed as an accepted method at a UK casino?
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