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PayPal is one of the largest payment providers in the world, and there are a lot of good reasons why this is the case. You’ve must’ve used its services at some point in time, not necessarily as an online casino player. If you happen to be an online casino player for a long time, you are perfectly aware that it’s not commonly available in online casinos, mainly because it tends to be rather selective when it comes to its choice of clients.
It’s fast, secure and cost-efficient. But, if it’s so good, why is PayPal not available in the majority of online casinos? We’re going to shed some light on this issue, but we’re also going to take a look at PayPal in greater detail, including its impact on the online gaming industry overall.
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We hinted earlier how PayPal is available in only a few online casinos. The $1,000,000 question, why? For starters, PayPal cooperates only with renowned online casinos that hold official licenses from legit online gaming regulators, like the UK Gambling Commission. The UK market stands out, because the majority of online casinos does in fact offer PayPal as a payment option. Online casinos that are inclined to players from Germany, for instance, must be licensed by Schleswig-Holstein.
Other than UK online casinos, only the biggest, the well-established online casinos are prepared to go the distance and get the privilege to offer PayPal’s services. 888 Casino and Bet365 Casino are PayPal’s clients, but so is Ace Kingdom Casino and many other UK oriented online casinos. Players who are located outside of the UK can use PayPal at casinos such as Lapalingo Casino and Betfair Casino for instance, not that the aforementioned brands will not welcome them and entertain them. After all, they’re the pillars of online gaming as we know it, with worldwide presence, and many language options.
So far, you probably came to a conclusion that PayPal is the go-to payment option for millions of online casino players. Most likely, if you haven’t had the chance to use PayPal, now you want to! We totally understand you, and we support your decision. Here’s a brief step-by-step guide that will show you how to deposit with PayPal at online casinos. We’ll assume you’ve already registered, and you have a PayPal account.
Usually, the cashier or the deposit button is located in the top right corner of the screen. Because they differ greatly, we haven’t provided a screenshot. However, you can’t miss it! Online casinos have made sure this very important button is in a different color. If you’re just opening your online casino player account, most likely you will be redirected to the cashier as soon as you complete the registration.
Once you’re in the cashier, select PayPal as your preferred deposit method. Now, the layout of this form differs greatly. As you will see in the screenshots that follow, in spite of being different, they still are easy to use. Some casinos will ask you for the deposit amount at this stage, but others can do it in the next steps.
From this point on, you will see the same PayPal forms, regardless of what online casino you’re currently at. The forms that open are hosted by PayPal, meaning the casino doesn’t’ have the full banking information. PayPal just confirms that the transaction is verified and validated.
Log in with your PayPal details, or simply enter your card and personal information.
We kindly recommend to create a PayPal account, and use it as an e-wallet. PayPal can also be just the mediator between your bank and the online casino, meaning you don’t have to open a PayPal account. However, an email address will most likely be required. Make sure the name of the casino in the PayPal window matches the casino in which you want to play. This is very important!
Although it’s not directly related to PayPal, this is worth noting. UK online casinos have taken it a step further regarding casino player fund security. This is the case because the UK Gambling Commission wants nothing but the best for its passionate stakeholds, the players themselves. The message above tells you that your funds are secure, and are stored in separate bank accounts from the casino’s corporate ones. Simply click Continue and you’re all set!
Also, if you’re a registered online casino player at a PayPal casino, and all your details match, when you try to deposit, PayPal will not require you to log in. It’s one of PayPal casino’s distinctive feature.
One of the advantages of using PayPal is the ability to deposit and withdraw using one payment method, meaning PayPal is both a deposit and a withdrawal method. Furthermore, unlike credit and debit cards, PayPal withdrawals are faster and they’re subject to smaller transaction fees. PayPal makes deposits and withdrawals convenient, both for the player and for the online casino. In addition, if you use PayPal, you are required to provide fewer documents than if you’d deposited via a credit or a debit card.
It’s important to note that some online casinos will not charge you for PayPal withdrawals. However, this is not always the case. There are online casinos that will charge you a €/£1.5 fixed fee per withdrawal. Whatever the case may be, PayPal casinos always display the transaction fees. To compare PayPal with credit cards gives us a clear picture of PayPal’s efficiency. Credit card transactions to and from online casinos are usually subject to 2.5% fee of the amount, but the casino can charge additional fees, up to €/£3 per single transaction.
Security and security protocols are of utmost importance for PayPal. Security is PayPal’s secret and greatest asset it’s had since its introduction in 1998. However, it’s been through a rather turbulent period, mainly because PayPal’s headquarters were in the USA where online gaming was not regulated and considered illegal. Nevertheless, the online casino operators’ efforts managed to bring PayPal to the online gaming market for good.
All data, all information is encrypted by PayPal’s advanced security system. In the past, there were breaches, but they weren’t PayPal’s fault. Instead, it was its clients’ fault, a fairly narrow and distinctive group of online businesses to be precise, which have nothing to do with the online gaming industry. The sensitive details are not available to the casino. Instead, PayPal just gives the casino the green light, that the transaction is approved and completed. Privacy protection is covered as well!
Unless you’ve been living under a rock, you must’ve heard of Elon Musk, the CEO and Founder of Tesla, and the founder of Space-X, the key competitor of NASA. That’s NASA! Elon Musk is also associated with PayPal. Initially, PayPal was the payment provider of eBay, conceived as a payment solution for their online customers. Nowadays, any online business can’t even imagine its day-to-day operations. Yes, nowadays there are a few alternatives to PayPal, like Skrill, Neteller and EcoPayz, but none of them can match PayPal’s reputation, its performance and its overall capabilities.
PayPal supports more than 25 currencies, and it’s available in more than 190 markets worldwide. It has over 100,000,000 satisfied customers, who can’t imagine their lives without PayPal. Unfortunately, it’s not available in many popular online gaming markets, which is why if you have access to it, you should be using it.
Playtech is the key casino game producer in the UK market. Their games are available to players from other regions as well, but they’re primarily designed for the general UK online gaming audience. It’s associated with the leading UK online casinos, like Ladbrokes Casino, Bet365 Casino and Coral Casino. Playtech provides its clients with a long range of slot games, a variety of virtual table games and it also has its very own Live Casino games.
The most iconic games are the Age of the Gods slots, which are remakes of the network progressive jackpot slots based on Marvel’s mightiest superheroes. Keep track of the ever increasing jackpot, spin the reels of any of the Age of the Gods slots and you become the potential winner of a 6 or 7 figure amount.
We already mentioned some of PayPal’s direct competitors in the financial transaction market and the online gaming industry in particular. Skrill and Neteller a big, we have to admit, but they come with a few flaws that affect you as an online casino player in particular. Online casino operators that offer PayPal as a payment option prefer PayPal deposits and withdrawals over Skrill and Neteller, any day of the week!
Today, Skrill and Neteller are part of the same group, but even to this day, they are still different. Formerly known as Moneybookers, Skrill along with Neteller are literally the most popular e-wallets in the online casino world, and players have every reason to like them. That is, if PayPal is not available.
If the online casino charges fees on Skrill and Neteller withdrawals, they’re usually higher than if you had withdrawn with PayPal. However, Skrill is keeping up with PayPal as far its capabilities go. They also support more than 20 currencies, and they’re available in more than 200 countries.
However, the biggest and most impactful flaw of Skrill and Neteller is that you’re not eligible for any bonus offers if you choose any of them. This sometimes applies to all bonus offers, but there are casinos that won’t offer the welcome bonus only. This is only one of the reasons why we recommend PayPal instead of Skrill and Neteller.
Nowadays, there are a lot of payment providers that have become available in online casinos. Paysafecard, initially a prepaid card payment service is now turned e-wallet. You can use Paysafecard from any country where you can buy a Paysafecard voucher. Some online casinos have implemented the latest Paysafecard changes and allow players to withdraw directly to their Paysafecard accounts. However, they still are rare.
EcoPayz is another alternative, however, it’s started expanding not so long ago. It’s also known as EcoCard. It’s popular among online casino players from Canada. Whenever you see it listed in the payment options lists, rest assured there are special benefits for Canadian players.
We can consider PayPal as an indicator, a benchmark for the online casinos’ reliability and security measures. As you can see, the number of online casinos that accept PayPal deposits is quite limited. If you’ve decided to play in any of them, we are 100% positive you will have a pleasant online gaming experience. At the very least, you will not have any problems with your deposits and your withdrawals.
PayPal is the undisputed e-wallet in the online gaming world. Players who opt for it once, usually never have to switch to a different payment provider. Unfortunately, PayPal is not as widely available as we want it to be. It emphasizes on security and efficiency, which are the two features you need and want the most as an online casino player.
In our experience, PayPal online casinos are the best the market has to offer. With PayPal under your belt, you can enjoy online gaming without worrying about the security of your funds, nor you have to worry about your privacy. Use it once you join any of the above listed casinos, the best UK PayPal online casinos!