?? About the Company PayPal
PayPal, founded in 1998 by Peter Thiel, Luke Nosek, and Max Levchin, has grown to become the most widely-used online payment method worldwide, with over 300 million users. It's accepted at a vast number of online shops, on eBay and an increasing number of online casinos, due to its quick, safe and convenient transactions. This has led to its popularity among both customers and investors.
In 2002, the company went public through an initial public offering (IPO) and became an eBay company that same year. In 2015, PayPal became an independent company. As of 2021, the company was listed as 134th on the Fortune 500 list of top US companies by revenue. Additionally, a report by Morning Consult in 2021 ranked PayPal as the second most trusted brand globally.
?? How Safe is PayPal to Use?
PayPal is a widely recognized and reputable payment platform with a user base of over 300 million worldwide. Safety and security are of utmost importance, making it a secure option for depositing and withdrawing funds to and from your online casino account.
One of the key benefits of using PayPal for online gambling is that once you have registered and added a card or bank details, you won't have to re-enter your information at each online casino you play at. Transactions are made through your PayPal account, eliminating the need to input your bank details each time you deposit and preventing online casinos from storing your information.
As a well-established name in the technology industry, PayPal utilizes advanced encryption technology to keep transactions secure. Their security team is dedicated to detecting fraudulent transactions, phishing emails, and other forms of identity theft. Additionally, customers can take steps to enhance their cybersecurity, primarily by activating 2-step authentication, but also by avoiding falling victim to phishing emails - never share your password with anyone.
Using common sense and taking necessary precautions are essential for all online transactions, and this applies to using PayPal as well. In case of any assistance, the PayPal customer service is available 24/7, all year round. Additionally, the PayPal website has a comprehensive help section that addresses various frequently asked questions and concerns. To sum it up, PayPal is one of the most secure options for funding an online casino account.
?? How to Deposit at a PayPal Casino
Once you have set up your PayPal account, the next step is to make a deposit. Gambling online with PayPal is typically a straightforward process. The first step is to choose from the wide selection of PayPal casino sites available. Our list of the top PayPal casinos can guide you in selecting a reputable site. After selecting a casino, create an account like you would with any other online casino or slot site. Once you have registered, the casino will typically prompt you to make a deposit. If this doesn't happen automatically, navigate to the Cashier or Account section (on some casinos, these are known as deposit or wallet sections) of the website.
Click on deposit and you will likely be presented with a list of various payment options such as debit cards, e-wallets like Skrill and Neteller, prepaid options like Paysafecard, and mobile transfer services like Boku. Select PayPal as your preferred option and enter the amount you wish to deposit. You will then be redirected to a new PayPal screen. Ensure that any ad blockers are disabled on this page. Login to your PayPal account by entering your email and password, then click on confirm. Once confirmed, the PayPal window will close and you will return to your online casino account with the funds now available in your account. The deposit process typically takes a matter of seconds.
The process may vary slightly from one PayPal casino to another, but the overall steps are similar. Transactions will usually be reflected on bank statements as PayPal Payment instead of the online casino. In conclusion, making an online slot deposit using PayPal is a fast and uncomplicated process.
?? PayPal Withdrawl Times
Speed and ease are hallmarks of making withdrawals at PayPal casinos, like most things related to PayPal. When you make a withdrawal, the funds are typically credited back to your account quickly. Some casinos process and approve withdrawals instantly, while others can take several hours. The withdrawal process may vary slightly from casino to casino, depending on their processing and approval time. Once the casino approves the withdrawal, the transfer process is usually fast and the funds are often credited to your account within minutes or hours, as opposed to days. The casino's FAQ or help section can provide further information on the withdrawal process. In most cases, PayPal is a faster option than using a debit card which can take 3-5 days to be credited. Other banking methods such as Neteller or Skrill also offer quick cashouts.
?? PayPal Gambling Sites & Casino Bonuses
Another advantage of using PayPal to make your first deposit at an online casino is the ability to claim the casino's welcome bonus. Many casinos offer various bonuses to attract new players, such as a deposit bonus and free spins, or even a free welcome bonus with no deposit required. For instance, by making a deposit of up to $100, the casino may double the deposit in bonus funds. Additionally, many free spins offers come with no wagering requirements, allowing you to withdraw your winnings using PayPal.
However, it's important to carefully read the fine print as some casinos may exclude certain payment methods, such as Skrill or Neteller, from being eligible for the welcome bonus. Typically, first deposits made using PayPal are valid for the casino bonus. But, some slot sites like only allow debit cards for their welcome offers. Before proceeding, it's important to read the terms and conditions thoroughly. Our list of PayPal casino bonuses can provide more information. In general, by using PayPal, you can benefit from the speed and convenience offered by e-wallets while also taking advantage of a potential welcome package.
?? No Deposit PayPal Casinos
Are there online casinos that accept PayPal and offer a no-deposit bonus for real money play? Indeed there are; however, it is not a common occurrence among US casinos. Casinos such as Pala online casino and BetMGM are notable exceptions as they offer free credit upon registration and also allow for PayPal deposits.
Are all PayPal casinos created equal in terms of quality and offerings? The reality is, some excel more than others. There is a widely circulating rumor about a particular $1,000 no-deposit bonus, but it is important to note that only $25 of that amount is guaranteed, with the rest being obtainable through an extremely fortunate spin, with an additional 20x wagering requirement. However, there are other PayPal online casinos that also offer no deposit bonuses and PayPal withdrawals with more lenient terms such as a 1x wagering requirement.
?? New PayPal Casinos
Veteran players often seek out new PayPal casinos due to their attractive bonuses. New online casinos typically offer more generous welcome bonuses than established ones as they are still building their reputation and are looking to attract new players. Are there currently any new casinos offering PayPal games and substantial welcome bonuses? The answer is not many. The emergence of new casinos is not as frequent as desired, and while there are some new ones available, they may not necessarily be the most outstanding options.
?? Mobile PayPal Casinos
Mobile casinos that accept PayPal as a payment option are prevalent, which can be both beneficial and detrimental. The upside is that it's easy to find one, but the downside is that it can be challenging to identify the best mobile PayPal casinos among the plethora of options.
Why would players be searching for mobile casinos that offer PayPal? They may be seeking out mobile or PayPal-specific bonuses, but currently, none of the reputable online casinos that accept PayPal are offering such incentives. The main reasons for preferring mobile gaming and PayPal payments include convenience and safety. It's worth noting that the US iGaming industry is still relatively new and has yet to catch up with the advancements in the international market. Our guide on how we rate mobile PayPal casinos can help you understand our criteria for ranking them.
?? PayPal Casinos: Summary
Utilizing a PayPal casino for online gaming transactions offers a combination of the convenience, ease, and swift withdrawals provided by e-wallets, while still allowing players to claim welcome offers at a new casino with slot games, for example. It is considered as one of the best options available for online gaming transactions.
PayPal is known for its security and speed, making it a safe and effortless way to transfer funds to and from your online casino account, whether you are using a desktop or mobile version of the casino. An increasing number of casinos are becoming PayPal-friendly, owing to the ease of use, security, and speed of transactions.
