Besides the ubiquitous use of PayPal for shopping and e-commerce transactions, it’s also an optimal method for depositing funds and withdrawing winnings at online casinos throughout Europe. For several years, PayPal has been a preferred payment option among a plethora of casino aficionados globally, owing to its unparalleled convenience and security features. Our guide delves into the intricacies of using PayPal at online casinos and provides an overview of the most reputable online casinos that accept PayPal in 2023.
What Exactly is PayPal?
PayPal is a secure, seamless payment system that allows you to send and receive money and make online purchases. It is one of the most popular payment methods on the internet and is used by millions of people around the world.
PayPal also offers the ability to buy, sell, and store cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and Bitcoin Cash, which is a particularly convenient solution for people who play at bitcoin and crypto casino sites in addition to regular real money-accepting online casinos.
Using PayPal at Online Casinos
To start playing online slots or live casino games such as blackjack, baccarat, craps or roulette for real money using PayPal, you must create a PayPal account first.
- Visit the official PayPal website: Before you get started, you’ll need to open a PayPal account. Go to paypal.com, choose your preferred language and whether you want a personal or business account, then click “Register.” A personal account will suffice if you plan only to use PayPal for online casino payments.
- Enter your personal details: Once you picked an account type of your choice, the browser will redirect you to a page where you can enter your name, surname, country of residence, email address, and password. The password must be at least eight characters long and contain a mix of capital letters and numbers. All of the information should be entered correctly because your account will be opened based on the information you provide.
- Accept the user agreement. The following step will ask you to accept the “User Agreement” by clicking the “I agree” button. Press the button and check your email address to activate your PayPal account by clicking a special link.
- Add your bank account: Once PayPal has activated your account, you can begin adding your bank card, allowing you to transfer funds into your new PayPal account.
- To add your bank card: login → go to the main menu → select the wallet tab → Click the “link bank” box. Then, select your bank from the dropdown menu list and enter the login information for your bank account (PayPal does not store this sensitive information).
- Link your bank card: Next, click “link bank instantly,” enter your name, card type, card number, expiration date, and the “security code” on the back of your card, and then click “Continue.”
- Deposit and start playing! Your PayPal account should now be activated and ready to make deposits at an online casino of your choice.
Top-Rated EU Casinos for PayPal Users
PayPal casinos licenced by the UK Gambling Commission, Malta Gaming Authority, Alderney, and Kahnawake are widely regarded as the best sites to play. This is because the company does not work with shady online gambling companies and only works with legitimate online casinos that operate in regulated markets.
Casimba Casino
Casimba is a popular PayPal casino that provides an excellent gaming portfolio that includes the best online slots, live dealer games, jackpot slots, regular tournaments, and unique promotions. For new players, they offer a 200% welcome bonus.
- More info: Casimba Review
Fun Casino
This PayPal casino is famous for offering Novomatic slot games. However, it has continued to add many other providers to its portfolio and now offers more than 1600 slots, table games, video poker, lottery, and live casino tables. They hold iGaming licences from the UK, Malta and Sweden.
- More info: Fun Casino Review
PayPal Online Casinos Quality Criteria
The key factors we used to determine the true quality of these PayPal-accepting online casinos are the same as those used to assess the quality of Paysafecard casinos, and they are as follows:
- Features
- Games
- Legality
- Mobile Casino
- Payouts Speed
- Player Support
- Reputation
- Security
- Software and Graphics
As a rule of thumb, when looking for the best Paypal casino, we always check that the site has a valid gaming licence and is operating in a regulated market to ensure that their games are properly licenced and fair, and the player experience is safe. Furthermore, Paypal casinos should offer a great selection of top-rated software providers, such as NetEnt, Playtech, Microgaming, Thunderkick, Yggdrasil Gaming, and others.
In addition to these considerations, Paypal casinos should provide excellent player support, quick payouts, and security features such as Transport Layer Security (TSL) encryption. With these criteria in mind, you can be confident that the Paypal casino you select will meet all of your requirements and provide an enjoyable gaming experience.
Safety and Security
PayPal is among the most popular casino deposit and withdrawal methods in many countries across Europe. It guarantees the absolute security of operations and stores client data on servers protected against physical impact and electronic intrusion.
Additional safety measures include the form of two-factor authentication. Without access to the key, no one will ever be able to steal the money from your account.
Availability
PayPal may be available in your country for general online purchases but not for online casino gambling. PayPal has stringent requirements for online casinos that want to use its services, and not all casinos meet them. Due to this, only the best online casinos in the following countries accept Paypal:
- Ireland
- Austria
- Sweden
- Denmark
- Portugal
- Spain
- United Kingdom
- Belgium
- Finland
- France
- Italy
It should also be noted that PayPal is not accepted at Curacao-licensed online casinos.
Withdrawal Process
Unlike prepaid voucher deposits, Paypal can be used for both casino deposits and withdrawals. In most cases, Paypal is one of the quickest and most convenient methods to get your money (winnings) from online casinos.
To withdraw funds from the casino website, follow these steps:
- Go to the withdrawal page
- Select PayPal as your payout option
- Enter the desired amount
- Confirm the payout
Most withdrawals take a few minutes, but this can vary depending on the casino and the amount. If you requested a large amount, it may take up to 24 hours or more for your winnings to be credited to your account. Typically, this means that the casino checks your gambling account to ensure that everything is in order.
For example:
- Casinos verify your account to confirm your identity
- Casinos check your deposit and gaming history for any irregularities
- Casinos ensure there are no signs of (AML) money laundering practices in place
Once you’ve received your casino winnings, you may want to transfer the money from your PayPal account to your bank card (account). You can do so by following these steps:
- Log in to PayPal
- Select “My Wallet”
- Select the card you want to use
- Enter the amount you want to transfer
- Click on the “Transfer Money” button
The payment process is instantaneous but may take up to 72 hours.
PayPal App
Currently, an updated version of the PayPal app is available for Android and iOS devices, which is a “must-have” tool for casino players who use their mobile phones for gambling online.
Using the app can not only save you time from having to make transactions on your laptop or desktop computer, but it will also allow you to pay online, send money, accept payments, hold crypto, pay in-person via QR code, and receive instant spend notifications.
It is important to note that you must use the official app only, which is available to download from PayPal’s official website, Google Play and Apple’s App Store.
PayPal Casino Games
If you’re looking for the best PayPal slots, roulette, blackjack, or video poker, you’ve come to the right place. At the casinos, we listed above you’ll find hundreds of games for you to enjoy. From classic Microgaming slots and table games like roulette, baccarat, and blackjack to the latest video slots of 2023 by Nolimit City, Thunderkick, Ygdrassil, Big Time Gaming, and others to video poker and jackpot slots — there’s something for everyone here!
Furthermore, all of these casinos provide 100% welcome bonuses to their new players so they can have more fun right from the start.
Bonuses and Promotions
If you’ve ever played at any online casino, you’ll know that bonuses are an important part of many players’ casino experience. When you visit our top recommended PayPal casino sites, you will not only find great games from popular game providers and other entertainment options, but they will also offer you 100% bonuses on your first deposit and loyalty rewards for your active play.
You may also be offered free spins and reload bonuses, among other things.
The Pros and Cons of Playing at PayPal Casinos
At Onlinecasinoinfo.eu, we classify casinos that accept PayPal as “fast withdrawal” because speed is one of the top characteristics that distinguish high-quality casinos from other gambling sites.
Here are some key benefits and drawbacks to consider, beginning with the pros:
- The use of PayPal in online gambling is widespread, and the primary benefit is the quick and straightforward payment process
- Your PayPal email and password are all you need to fund your casino gambling account
- PayPal casinos provide excellent privacy, fast transactions and, in most cases – free deposits and withdrawals
- Players can enjoy a safe and secure casino gaming environment due to their strict regulatory requirements by using PayPal casinos to implement the highest standards in the industry
- Wide selection of top-quality casino games from some of the best software providers such as Microgaming, Playtech, NetEnt, Thunderkick, Yggdrasil Gaming, etc
Overall, Paypal improves the convenience of online gaming, making it one of the best options for casino players.
Cons:
- The main disadvantage of casino PayPal sites is that they are not all available in all countries.
Conclusion
The time has come to stop reading and take action! Join an online casino accepting PayPal deposits today and enjoy all the benefits it brings. To recap, here are a few of them:
- Secure transactions
- Flexibility
- Fast cashouts
Have fun playing and winning big!
