PayPal is one of the web’s most popular payment methods and is used across the globe by over 250 million people and businesses. PayPal is the flexible choice for web users as it allows them to pay for goods, services and products online, transfer money, make deposits and shop easily and conveniently.
PayPal has a long history within the online gaming world and is one of the best options for casino gamers for both withdrawing and depositing funds. Interestingly, PayPal is often chosen by players because it allows them to not only fund their casino accounts but also make other purchases on the web and transfer money to other sites, the service really does open doors to people across the web.
In this piece, we’re looking at how and why PayPal has become so hugely popular with online gamers and why so many of the best online casinos choose PayPal as their payment method of choice.
PayPal was founded way back in 1998 and was originally called “Confinity,” the company merged with Elon Musk’s X.com online banking service in 2000. In 2001 the payment gateway company adopted the name “PayPal” and the next year the company was taken public with an IPO that generated $61 million.
With so much potential for PayPal, there was immediate interest from major tech giants and the company was bought in July 2002, just a year after their public launch, for $1.5 billion by eBay. This acquisition contributed hugely to PayPal’s growth and success as the majority of eBay users adopted PayPal as their primary payment method.
PayPal has grown hugely since it’s early beginnings and the payment gateway service is now available in 202 markets around the world. A global player on the payments scene PayPal also has over 250 million active accounts and allows customers to send and receive funds in more than 25 currencies.
The flexibility of PayPal and its huge growth across the world has made it the perfect payment system for online casino players. The early boom of the company in around 2000, coincided with the early explosion in popularity of online casinos making the two a natural fit for each other.
With online casinos operating throughout Europe and beyond, in countries like the UK, France, Spain, Norway, Sweden, Germany, Canada, Australia and more, PayPal was a perfect fir that allowed players to deposit and withdraw funds quickly and easily with little or no charges.
Since it’s early days the natural partnership between online casinos and PayPal has only grown stronger and there are now millions of online casino players around the world who choose PayPal for their gaming.
How to Deposit at PayPal Casinos
PayPal has been designed as a global payments system right from its launch and is arguably the quickest, easiest way to pay online and send money in a variety of currencies around the world. Once you have a PayPal account you can pay, buy, transfer and hold money in any of the following currencies:
- Australian dollar (AUD)
- Brazilian real (BRL)
- Canadian dollar (CAD)
- Czech koruna (CZK)
- Danish krone (DKK)
- Euro (EUR)
- Hong Kong dollar (HKD)
- Hungarian forint (HUF)
- Indian rupee (INR)
- Israeli new shekel (ILS)
- Japanese yen (JPY)
- Malaysian ringgit (MYR)
- Mexican peso (MXN)
- New Taiwan dollar (WD)
- New Zealand dollar (NZD)
- Norwegian krone (NOK)
- Philippine peso (PHP)
- Polish złoty (PLN)
- Pound sterling (GBP)
- Russian ruble (RUB)
- Singapore dollar (SGD)
- Swedish krona (SEK)
- Swiss franc (CHF)
- Thai baht (THB)
- United States dollar (USD)
PayPal is very simple to use and quick to set up. Setting up an account is completely free all you need is an email address and password, you can then select a payment method to fund your PayPal account, available options include credit and debit cards or even bank transfer. Once you’ve added funds to your PayPal account, you can use it to pay, transfer money, fund your online casino account and more.
One of the biggest advantages of PayPal is that you can use your account across the web at any number of major online stores, this includes almost all good online casinos as well as big retail stores and sites like eBay, Netflix, Nike, Argos, Boots, PlayStation, John Lewis and millions more.
PayPal Security Features
One of the most impressive aspects of PayPal’s service is its stringent security measures and exceptional safety tools. The company is trusted the world over to provide a secure, safe way to pay online and has developed a number of excellent security measures and protocols to help keep your money safe.
In addition, PayPal offers both Buyer and Seller fraud protection to guarantee against fraud and identity theft. In Europe, the company is licensed and regulated by the Luxembourg supervisory authority, the Commission de Surveillance du Secteur Financier. This helps to ensure the highest possible standards of safety and security for users.
Every single PayPal transaction is digitally encrypted using the latest technology and the company monitors payments 24/7 to help protect against fraud, identity theft and phishing. With features like 3-D Secure, fingerprint recognition and advanced digital end-to-end encryption, PayPal has one of the best security reputations out there.
The PayPal app for both Android and iOS lets you stay on top of your account wherever you go and keeps you in control of your funds. With the PayPal mobile app you can send money or make payments worldwide using just a mobile number or email address and can get updates on your balance, check transactions and make deposits whenever and wherever you go.
Benefits of PayPal Casinos
The long association between PayPal and online casinos mean that there is a huge selection on sites that accept PayPal as their main, or one of their premier, payment options. There are a number of key benefits of depositing and withdrawing funds from your online casino using PayPal.
As well as the site’s exceptional security measures like 3-d secure, fingerprint recognition and smart Fraud Protection, when you use a PayPal account you’ll also be able to shop at other sites online, transfer funds, pay individuals and businesses and convert money into different currencies – all from a single account.
As a casino player, using a PayPal account will also allow you to deposit funds into your casino account in the currency of your choice, opening up a whole range of new potential casinos to play at.
Check out some of the benefits of using PayPal as your payment method at online casinos:
- Cutting-edge digital encryption technology – all of your transactions are protected by end-to-end digital encryption so that your details are always kept private and your money is safe and secure
- Smart Fraud Protection – PayPal boasts one of the most advanced fraud protection programmes online and constantly scans all of the transactions on its payment gateway system to ensure that you’re protected against identity theft and phishing
- Free transfers and payments – Unlike some other payment methods, with PayPal you can fund your casino account for free and there are no nasty charges
- Deposit in a range of currencies – Fund your casino account in a number of global currencies so that you have more options and greater flexibility
- Pay on the move – Download the iOS or Android app to pay with your PayPal account on the move, whenever you want and wherever you go. You’ll enjoy fingerprint security functionality, digital encryption and safe, fast payments
- Special casino bonuses – A number of top quality casinos offer exclusive PayPal casino bonuses that reward you for using PayPal as your deposit method
Access to global retailers – Shop with your PayPal account at global retailers like eBay, Nike, Netflix and more.
PayPal Online Casinos
With so many fantastic features and enhanced security functionality, it is little wonder that so many casino players prefer PayPal as their method of choice when depositing or withdrawing funds from their online casino. The company’s long history in the payment sector means that PayPal has been used at prominent online casinos almost since its launch, which gives players an added level of comfort with the system.
It is also worth mentioning that there are a number of online casinos that reward players for paying using PayPal and some even run exclusive promos, special deals and more to help encourage players to use this fast, flexible payment option.
Casinos that offer PayPal are almost always likely to be amongst the most secure, safe and trustworthy as PayPal only works with companies that meet its strict security and safety measures.
We’ve put together a short list of some of our favourite online casinos that accept PayPal. All of the casinos that we have listed below accept PayPal and we have an even more comprehensive list of casinos that use PayPal on our full casino reviews section where we list all of the available payment methods for some of the best online casinos on the web.
Recommended PayPal casinos
Check out our list of top PayPal casinos and our recommendations for the casinos which accept PayPal that we believe are amongst the web’s best.
Betway casino offers PayPal as one of its main payment methods as well as a number of other payment methods for a broad range of options for gamers. With so many options available, as well as a fantastic selection of premium games, Betway is a great option if you’re looking for a PayPal casino with a solid reputation amongst players for a high quality gaming experience.
Paddy Power is one of the UK’s most popular casinos and accepts players from a range of EU countries and beyond. The casino offers PayPal as a deposit and withdrawal method as well as a host of other payment methods. The casino has a big selection of quality games and also offers a sportsbook product. If you’re looking for a PayPal casino that boasts top-class gaming, fantastic offers and more, Paddy Power could be right for you.
Another big name on the UK gaming scene, Ladbrokes casino offers PayPal in addition to a number of other web wallet options like Neteller, Skrill and Paysafecard. Ladbrokes offers players a quality gaming experience with a variety of sports, casino and table games. Check them out for a top PayPal casino experience.
Maneki casino is one of the newest casinos on the block and boasts a dynamic, fun and rewarding casino gaming experience. The casino offers players the choice of PayPal as well as a whole host of other online payment options like Visa, Mastercard, Skrill, Paysafecard and many more. With a brilliant selection of games and some truly big jackpots, Mankei is one of our favourite PayPal casinos.
We hope our guide to PayPal casinos has given you some options and ideas on how best to use the popular payment method for your own online casino gaming. Remember, we have a full list of independent casino reviews on our site which list all of the available payment methods, as well as details of casino bonuses, special deals and more. Make sure you check back regularly for the latest updates and new reviews as we add them. We have also launched a casino strategy section where we’ll look at strategies, tips and ideas for improving your casino play as we review tactics from the pros to help you play more successfully. No matter whether you prefer Slots or table games, we have plenty of great tips and insider strategies to help boost your play, so make sure you check it out today!