Paypal Casinos | Fees, Deposit, Withdrawal & Sign Up
The significance of safe online payments, especially in the live casino gaming arena cannot be taken for granted. A bandwagon like PayPal has been in the service of more than 200 countries since its establishment. The massive number of 160 million users speaks volumes of its trust & reliability, which is why casinos all over the map are resorting to PayPal to complete & authenticate transactions by users. Read through to know more about PayPal as a payment option.
How Secure are PayPal Casinos?
Paypal has played a significant role in transforming the payment industry. The famous walk of PayPal, which made it reach the top of the online payment industry in 20 years, will be contemplated by Fintech companies for a very long time.
Security is one of the most critical factors that led to the growth of PayPal as a splendid payment method. Herein we will understand how secure are PayPal casino sites.
The topmost advantage attached to the use of PayPal casinos is that players don’t have to add sensitive data. In addition, no middlemen involvement exists when it comes to the online casino payment, making it the safest way to make deposits.
PayPal has an allocated team of experts who consistently keep track of transactions for hacking & fraud. They also have a dispute team that is at your disposal in case issues arise.
PayPal Casinos uses SSL encryption, and they receive their license in the UK. One more benefit is that the transactions are quick. Deposits are instant, and withdrawals take only a few business days.
Some other methods that PayPal extends to maximise the security of the casino players are the use of two-step authentication, data encryption and email confirmation.
- Safety & security
- Convenient
- Tremendously coded
- Quick
- Not available in all countries
- Fees applicable
- Random account freeze
Casinos that use Paypal
- Casino Name
- welcome bonus
- Minimum deposit
- Action
How to Deposit Money on Casinos & Betting Sites with PayPal?
It’s super easy and uncomplicated to deal with online casinos accepting Paypal deposits. Although, what needs to be kept in mind while making payments with online casinos that use PayPal is that they permit transactions from casinos that have a gambling license in the country where the player is a resident. Follow the steps below to deposit using PayPal at gambling sites:
- Open the website of your online casino. Click the deposit or cashier tab;
- Select your payment method as PayPal from the menu;
- Add relevant details like PayPal ID;
- Add the deposit amount, keeping in mind your wagering requirements and verify your transaction;
- Once this is done, PayPal will take action and make the required currency conversion;
- Once the transaction is verified, you will receive the money in your casino amount.
You can now start playing your favourite casino games. Pay attention that casinos with PayPal deposits our site features are 100% safe.
How to Withdraw money from casinos that accept PayPal?
The withdrawal process with the best PayPal casinos is as easy as possible. You will receive your funds within 24 hours.
If you have linked just one account, that will be your default account. If you have added multiple accounts, you can choose the account you want your funds to reflect. You can withdraw your money manually from PayPal casinos online by following these steps:
- Make sure that the casino selected permits withdrawals via PayPal;
- Open up the withdrawal page of your casino and select PayPal as your payment option;
- Add in the amount you want to withdraw;
- It is strongly recommended that you go through the terms & conditions of withdrawals and take care of all the wagering requirements to take your bonus money with you.
- The best PayPal casinos will demand verification of your identity before your first withdrawal. You will have to submit your passport or ID depending on the terms & conditions of the casino website.
- Verify & confirm the withdrawal.
- You will receive your winnings within 24 hours, subject to the casino you have chosen.
PayPal is considered one of the fastest methods in the context of fund withdrawal from casinos that accept PayPal. Once the funds are visible in your PayPal account, you can withdraw them to your bank account.
Fees
PayPal weighs a currency conversion fee of 4%. You can sign up for free, but charges might be applied on transactions in case of deposit and withdrawal at online casinos with PayPal. The charges might vary depending on the online casinos you have decided to invest in.
Deposit & Withdrawal Times of PayPal
Paypal casinos are one of the fastest in terms of payments.
Deposit
The deposit process with PayPal is swift. You will be able to spot your deposit instantly in your casino account. In case you are a new user, you are receiving a PayPal deposit bonus and reload bonus.
Withdrawal
Best PayPal casinos make sure that withdrawals reach every player in less than 48 hours. However, if you are a new player, the withdrawals might be delayed due to the verification process.
How to Transfer Money from Indian Bank Account to PayPal?
Transferring money from an Indian bank account to PayPal is very simple. Check out the steps below:
- Visit the PayPal website
- Log in to your PayPal account
- Once you log in, you will access various payment methods
- To instantly transfer the funds, you can link your bank account
That’s how easy it is. It won’t take you more than 5 minutes to transfer your funds from your debit card to online casinos accepting PayPal deposits. PayPal charges zero fees on money transfers from your bank, and it is also super easy to send it back.
Indian Banks that Accept PayPal
PayPal is an excellent replacement for conventional payment methods like bank transfers or credit card payments, and Indian players are very much inclined toward its usage. Zeroing it down to the fundamental nature of its transactions, PayPal is secure, easy to use, and swift. Moreover, it permits payments with high-level protection.
It is known that many countries do not allow the use of PayPal. When it comes to India, PayPal transactions are high supported, and many Indian banks deal with PayPal. The list is as follows:
- Standard Chartered Bank
- ICICI Bank
- Union Bank Of India
- HDFC Bank
- SBI
- Axis Bank
- Kotak Mahindra Bank
- Federal Bank
- South Indian Bank
You can link these bank accounts to your PayPal account to enjoy instant transactions.
How to Sign Up for PayPal?
PayPal extends its services to Indian residents and dominates the field of global money transfers.
Although the process to sign up for PayPal is not that complicated, it’s better to research before you create an account, as it functions distinctly domestically.
- Go to the main website of PayPal,
- Choose the option that says “Sign Up for Personal Account,”
- Add details like your country, password and email address,
- Add your details carefully,
- Link your credit card/bank account to PayPal (optional),
- Confirm your email address with PayPal.
Your PayPal account is now ready, and you can now initiate the process of depositing in your casino account. The next step would be to find an online casino that accepts PayPal and receive PayPal casino bonuses (maybe by entering a bonus code).
FAQ
Can PayPal be used at all casinos?
No. Not all casinos accept payment & withdrawal via PayPal.
Which countries allow payments via PayPal?
When it comes to playing real money games, PayPal is valid in countries like the UK, Ireland, Portugal, Greece, Finland, Denmark, etc.
What can I use instead of PayPal?
You can use Skrill, Neteller, PaySafe card, Bitcoin, etc instead of PayPal.
What use PayPal casinos online?
There are various reasons to prefer PayPal over credit card & bank transactions, for instance, convenience, high security and buyer protection.
How much time do PayPal casinos take to withdraw winnings?
Best PayPal casinos will share your winning in less than 48 hours.