Best PayPal Casinos Online 2022
PayPal has the distinction of being the first electronic wallet online to help people transfer money from their bank to another person, no matter where they live in the world. Soon other eWallet’s followed, varying their fees and terms and conditions to make an impression on people using these methods.
PayPal was set up to handle business transactions, friendly transfers, and to make it safer for people to buy things online. The advantage of such financial transactions is that no one sees the bank accounts tied to the PayPal account, so eCommerce businesses do not have the sensitive information.
PayPal casinos do exist. There are very few of top PayPal casinos online, but when given the chance players can feel secure that their transactions are safe, secure, and instant. Not all online casinos accept PayPal primarily for reasons associated with the UIGEA law passed in the United States to prohibit online gambling within the US borders. Discover through this guide, what the online casinos with PayPal deposits can do for you.
EXPERT GUIDE TO PAYPAL CASINOS ONLINE
How to Open a PayPal Account?
PayPal is simple to set up. You can go directly to the PayPal website and start filling out information. You will need to supply your full name, date of birth, social security number, an email and password. PayPal will also request a phone number, which is used to either call you or send a text verification number. This helps PayPal know that you legitimately setup the account.
Once the account is open, you will need to tie a bank account to it to transfer money in and out. Transfers from your bank are free. If you select a check or credit card transfer, there are fees associated with the process. A verification of your bank account will occur with three small deposits made, and you have to tell PayPal what those amounts where. After the verification process is complete, you can use PayPal at casinos that accept PayPal as a deposit method.
PayPal Payments at Online Casinos—How to Deposit with PayPal?
Depositing with PayPal requireChoose the amount you wish to deposit and confirm the amount. Now it is in the hands of PayPal and the casino accepting the money. s you to log into the casino you are registered with and visit the banking or financial page. Some casinos call this ‘deposit’ or ‘withdrawal,’ but most will say ‘banking’ to make it easy for you to find the correct section.
You may be asked to verify your casino information again, but in most instances; you are going to see the deposit methods available. Select PayPal from among the choices, and login. You will tie your casino account with PayPal through this login and will always need to log into the website.
Choose the amount you wish to deposit and confirm the amount. Now it is in the hands of PayPal and the casino accepting the money.
Withdrawing Winnings at Online Casinos Using PayPal
To withdraw winnings via PayPal, players will need to go to the banking page at the casino. The player must select the amount and the method, then confirm the transaction. Withdrawals with online casinos have specific processing times. The times will vary, but with most electronic wallets between 24 and 48 hours are required for the casino to process the transaction. During this processing time, players are able to change the amount or cancel the transaction entirely.
Once the processing time is complete at the casino, it is in the hands of PayPal. PayPal may make the funds immediately available or it may take a verification process, plus some processing time. It is best to check with PayPal’s terms and conditions regarding casino withdrawals. Many companies have specific rules regarding online casinos that differ from their other money transfer options.
Advantages of Using PayPal as a Casino Deposit Method
Determining why you might wish to use PayPal over another casino deposit method is helpful to choosing the right online casino to enjoy. The advantages of PayPal online casinos are listed to help you make a decision.
- PayPal deposits are quick as soon as you hit confirm.
- PayPal is designed for online transfers of money.
- PayPal does not have a fee for transferring to and from your bank but may have processing fees for winnings from a casino.
- PayPal withdrawals are quicker than other withdrawal methods.
- PayPal is safe and secure, and the original private money transfer concept to evolve on the Internet.
How We Select the Best PayPal Online Casinos
Selecting the top PayPal online casinos is not easy. The first thing one must do is find casinos that accept this method, and then look at the list of criteria that may matter most to online casino players. The following six points are aspects of casinos that can differ and make one place better than another.
Casinos have different house edges and payout percentages, so the one’s suggested for PayPal deposits assess the percentages to ensure fair play is guaranteed.
Talking with a live human being is not always possible, although many casinos are now offering live chat—you want to be able to call a casino with financial questions and get help, so selection is based on the support team.
Being able to find the banking page and answers to one’s questions is another helpful aspect of the best online casinos accepting PayPal.
You want to feel important to the casino, so having a VIP club is one way to make your experience better, whether they accept PayPal or not.
Bonuses and Promotions
Again, the need to top off your account is great when you are enjoying the online world, so having bonuses and promotions that do not exclude the use of PayPal transfers is imperative.
Speed of Payouts
No one wants to wait for their winnings, so a speedier payout is essential and part of what is assessed for PayPal casinos.
FREQUENTLY THOUGHT QUESTIONS
PayPal online casinos have plenty of terms and conditions that you will want to know, and to help you with some of those answers questions are answered below.
How long do PayPal payouts take?
24 to 48 hours is the time a casino will take to process your request, and then it is up to PayPal to process the acceptance of your funds, which may be instant or take time to verify you wished the transfer to occur.
How are my winnings paid?
Winnings via a casino are paid based on your choice and the withdrawal methods offered, such as PayPal.
Can I claim a Welcome Bonus when depositing with PayPal?
It is best to check the terms and conditions of the bonuses, as some casinos have selected methods they off a bonus for, such as credit cards. It does not mean a regular bonus or welcome bonus is not available, but there may not be an added advantage of using PayPal as there is for some credit card deposits.
Are there any fees?
PayPal does not have a fee to transfer money to and from your bank account. However, check the terms and conditions regarding fees and casino transfers, as there may be a fee. The casinos, generally, do not have a fee for using PayPal.
Is my personal information safe?
Yes, your personal information is safe and secured with SSL encryption. As with any financial transaction, companies can reasonably provide safety, but that does not mean issues will not occur. Some of the largest banks can attest that even the highest security can be hacked.
Is PayPal accepted at all online casinos?
No, in fact, PayPal is not readily accepted at most online casinos. However, there are still options out there for players who want to use PayPal, so check the list of the top PayPal online casinos.
Why should I use PayPal?
PayPal is fast, secure, and safe. It is highly trusted for online transactions between companies, people, and overseas financial transfers.
PayPal has gained a reputation as being a safe, secure, and trusted online banking method for people who want to keep their bank details safe from hackers. Using PayPal deposits and withdrawals at online casinos ensures the casino never has your personal banking information. It adds a second layer of protection to playing online.
The downside is that many casinos, due to PayPal regulations, are not allowed to use PayPal for deposit and withdrawal methods. Although rare, there are select, regulated casinos that will accept financial transactions via PayPal.
Players can have the same wonderful experience online at casinos that they wish by using PayPal deposit and withdrawal methods. As always, check with a casino in the banking area to see if your deposit method is available and contact customer service for more answers if you do not see PayPal listed on their main page. With free transfers from your bank to your PayPal account, and bonus options available, you can certainly find entertainment at online casinos accepting PayPal as a deposit method.