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Quick Rundown of What Paypal is

Paypal Casinos are ever popular, and here is why:

Paypal has swiftly won the hearts of many internet surfers and become one of the global leaders in online payment solutions, boasting over 325 million accounts worldwide. It is available in 202 countries and 25 currencies around the world, and enables payments across different locations, currencies, and languages.

As reported on their website, “PayPal (Europe) S.à r.l. et Cie, S.C.A. is a credit institution (or bank) authorised and supervised by Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (or CSSF). CSSF’s registered office: 283, route d’Arlon, L-1150 Luxembourg”, vouching for their enhanced security.

Paypal works as a sort of middleman between a player’s bank and the casino. What it does is shield the full financial information of the payer from being read by the casino.

A player creates their own Paypal account using their email address, phone number, and password. Once all are confirmed, the Paypal account will immediately be active.

Paypal users can choose to either link a bank account or a card to their Paypal account: either will be the main source of their funds. Users can then decide whether to directly finance their playing activities through simply using Paypal as a gateway, or if they prefer to top up their Paypal account with money and then use that as their preferred method of payment.

With enhanced safety and security, alongside data protection, it is easy to see why Paypal is so well received by both punters and providers alike.

Depositing with Paypal at an Online Casino

Online casinos that accept Paypal are generally very easy to use.

Instead of filling in forms with lengthy card numbers, CVV codes, expiration dates and all the boring stuff, you can simply cog in to your account and confirm the transaction you wish to make in a matter of a few seconds. The best part? It’s all FREE!

Follow these easy steps to complete the process:

  1. Make sure you have funds in the linked bank account or card
  2. Go to the casino’s Deposit page
  3. Enter the amount that you want to deposit
  4. Select Paypal as your payment method
  5. A pop up will ask you to log in to your Paypal account
  6. Select your preferred amount
  7. Confirm the transaction

Once you have completed the transaction, your casino balance will immediately be credited with your deposit. You’ll notice that you don’t have to enter your debit or credit card number during the process as this will have already been done when you initially set up your Paypal.

How to Withdraw from Online Casinos using Paypal

Though often times accessing winnings from an online casino may be more difficult than depositing, Paypal is here to change all that. Simple and straightforward, a player can follow a handful of steps to cash out their winnings:

  1. Go to the casino’s Withdrawals page
  2. Enter the amount that you want to cash out
  3. Select Paypal as your payment method
  4. Log in to your Paypal when prompted
  5. Confirm your transaction

You can expect the amount withdrawn to be accredited to your account within 2 to maximum 24 hours.

Paypal Casinos - how Paypal works

Can I Get a Casino Bonus if I use Paypal?

Online casinos offer bonus bonanza – you just have to pick your favourite!

Paypal slots, table games, and live casino bonuses are ready for you to play with that little extra boost given by generous casinos. Let’s dive in to the different bonuses you can come across:

As with any other online casinos, you are heavily encouraged to read carefully through the Terms and Conditions that may come attached to such bonuses. You will need to fully understand if there are any thresholds you must meet or surpass in order to trigger them.

At SPcasinos.com, we’ve done the groundwork for you: we have selected the very best online casinos that accept Paypal and listed them in a toplist, taking into consideration wagering bonuses offered, wagering requirements, time constraints, and any other caveat.

Paypal is One of the Safest Payment Methods Out There

If you are wondering whether Paypal is a safe way to transact your hard-earned money then we have the answer: yes, it is. One of the safest, actually.

When using Paypal, the recipient of the payment will not see the sensitive information linked to the payer.

Moreover, Paypal provides a service called PayPal Purchase Protection whereby payers can open a dispute within 180 days from when the purchase was made and ask for a refund. To be eligible for this, a user’s account must be in good standing and the item must not fall under the list of those which are not covered as per guidelines (such as Motor vehicles, Industrial machinery, Real estate, Prepaid cards, and any Items that violate Paypal’s policies).

On top of this, Paypal also encrypts data using secure HTTPS connections and strong Transport Layer Security (TLS) configurations (TLS 1.2 or higher by the end of June 2018).

Key pinning is also used when transacting with Paypal on Android or iOS app. What this means is that when a mobile device establishes a TLS connection, it connects to a true Paypal server, instead of someone posing as the service.

Most importantly, Paypal complies with data protection measures. As their site reports: “PayPal’s Information Security Policies and Controls are reviewed by independent third parties to the following industry standards and guidelines: American Institute of Certified Public Accountants SSAE16 SOC1, AT101 SOC2, Sarbanes-Oxley”.

In short, Paypal enhances its security by using:

However, nothing is perfect and some downsides are indeed present when gambling with Paypal. In the next section of our article we will tackle both pros and cons of the e-wallet.

FAQ

Frequently asked questions about Paypal Casinos

What online casinos accept PayPal?

Paypal is a very popular payment method, so the majority of online casinos will be able to support it. We have compiled a list of the best ones just for you, taking into account many different aspects that are sure to tickle any player’s fancy, so check out our toplist to find your new favourite Paypal casino.

Can I get a free spins bonus at Paypal casinos?

Yes, many online casinos offer free spins bonuses. You can claim these bonuses regardless of your preferred method of payment at online casinos; however, there are casinos out there that offer specific bonuses to those players who use Paypal.

Can I get a no deposit bonus at Paypal casinos?

Just like free spins and any other bonus, these offers are at the discretion of the operators. Usually, the answer is yes as Paypal is a common method of payment accepted by the majority of online casinos, and no deposit bonuses are very popular amongst the iGaming sphere.

What online Paypal casinos accept US players?

Gambling is still a tricky subject when it comes to the USA. The proper answer is that it varies from state to state. Bear in mind that Paypal does have a policy which prohibits players from areas in which gambling is illegal to play using their e-wallet. We suggest you look at any T&Cs that the provider may have to double check whether any mention is made in regards to the topic.

Are there additional fees for deposits and withdrawals at Paapl Casinos?

Paypal does not charge additional fees directly. What may happen, on the other hand, is that the casino could charge extra in case of transactions, especially withdrawals.
Make sure to properly read through the terms and conditions of the website so that you don’t end up with any nasty surprises! And to be on the safe side, play at the casinos from our toplist where most of the ones we recommend do not add additional charges.
It’s always a good idea to visit an online casino’s Payments or Banking page for an explanation of the casino’s fees. You should also be familiar with any fees your bank may charge for sending or receiving money via Zimpler.

Are Paypal casinos safe?

Yes, Paypal casinos are safe, just make sure you are playing at a licensed one.If you are in doubt, check out our dedicated webpage where we explain all you need to know about casino licences.

Paypal uses state-of-the-art data protection and encryption to keep your privacy well safe through key pinning, secure connections, and TLS configuration.

What if I can’t play at Paypal Casinos? Are there similar services?

If you cannot play at Paypal casinos but still wish to gamble at reputable sites which use a similar payment service, look no further than Skrill, Neteller, Zimpler or Trustly. You can also look at trying out other possible alternatives in our comprehensive payment methods page where we run you through the different options at your disposal.

Do I have to add money to my PayPal account in order to play at online casinos?

No, you do not. You can still use it to make both withdrawals and deposits which will reflect in the bank account or card which you have linked to your Paypal account.

Pros and Cons of Paypal Casinos

We have confirmed that using Paypal for online casino payments is fast and secure; however, some disadvantages are bound to pop up as unfortunately not everything in life is perfect.

Pros
High safety measures Data encryption & overall privacy protection Speedy transactions Compatible with different devices
Cons
Restrictions for U.S. players Withdrawals can take up to 48h

Listing the pros and cons will help map out the main points:

Pros:

Cons:

As you can see, the advantages far outweigh the disadvantages. With safety and data security at the forefront, Paypal confirms being one of the best payment methods a punter can rely on to play with at online casinos.

Paypal Casinos Genesis

Paypal Casinos and USA Players

The internet is ripe with online casinos that accept Paypal as part of their payment methods; however, those residing in the US are not going to be able to enjoy them, unfortunately.

As per Paypal’s policy, transactions for gambling activities are off limits for players and merchants alike if they are based in jurisdictions where gambling is illegal, or if services are accessible from the US.

“Gambling” is intended by Paypal as any activity where one places, accepts, records, or registers bets, including lotteries and games of chance.

What US punters can do, however, is simply switch to alternative payment methods which still uphold the same level of quality offered by Paypal. Below is a section dedicated just to that.

Similar Services to Paypal

If you are on the hunt for payment methods similar to Paypal, there are a few that can match its level of security, privacy and safety.

When using e-wallets such as Neteller and Skrill, and account-to-account payment providers such as Trustly and Citadel, there’s no need to provide online casinos with your banking, debit, or credit card details. These are all ‘cardless‘ payment methods that offer top-notch security.

Zimpler and Trustly are the two payment methods currently available that allow players the luxury of playing at online casinos without signing up. However, not all casinos that support these payment methods offer this service. No registration casinos are usually limited to those casinos that support either Zimpler or Trustly exclusively.