There is no doubt that online gambling is huge business. The UK online gambling industry is worth billions of pounds and is the most popular form of gambling by some distance.
If you are a novice in the whole online casino game, you may be wondering what payment methods are accepted and, more pertinently, whether there are online casinos which accept PayPal.
Read-on to find out all the information you need to know.
Can I Use PayPal at Online Casinos?
The simple answer is that yes, you will find plenty of online casinos which accept PayPal.
This is not surprising considering that PayPal has 254 million accounts active worldwide, a quite considerable pool of potential customers.
But why is PayPal a good choice for casino depositing?
Benefits of PayPal
Formed in 1998, PayPal is a hugely reputable brand and one of the true pioneers of internet payment systems. In terms of online gambling, depositing through PayPal affords players a host of benefits.
- Security. PayPal is a system embedded with world class security and protection.
- Simple deposits. A quick log-in to your PayPal account is all that is needed to deposit with PayPal at online casinos.
- Instant deposits and withdrawals. Any transaction you make with PayPal should be immediate.
- Buyer’s Protection. All PayPal transactions come with a buyer’s protection meaning that you will be fully refunded if anything goes untoward.
- Your sensitive information will be secure. Sensitive information such as addresses and banking details will not be revealed through using PayPal.
Now, let’s go into a bit more detail about the benefits of using PayPal at online casinos.
Why Should I Use PayPal at Online Casinos?
PayPal is an extremely simple and convenient service to use when making online transactions of any kind. This ease of use is what makes it such a good option for casino depositing.
Simplicity and Security
When you sign-up for a PayPal account you will need to enter some details including your banking information. However, once you have done this, you will not need to enter your banking details when making a PayPal transaction again.
All that is required to pay through PayPal is a simple log-in to your account, using the email address and password which you registered the account with.
How simple is that? It certainly beats entering your card information with every single transaction you make.
Needless to say, through using PayPal, your banking details cannot be accessed. This means that your sensitive information will not be stored on the database of the casino you deposit at and, of course, the information will be safely tucked away from the prying eyes of hackers.
When you need to quickly top-up your balance there is simply no better or simpler method than PayPal.
Maybe you are in the midst of a memorable game of poker, maybe you fancy spinning a slot a few more times, whatever it is, a quick log-in to your PayPal account will top-up your casino balance in no time.
Which leads us onto our next point: PayPal transactions are instantaneous. Once you have confirmed the amount you wish to deposit, that money should hit your account immediately. This means no waiting around, and the chance to put your chips down as quickly as possible.
Keep Track of Spending
Furthermore, another handy benefit when using PayPal is the ease with which you can view your transactions on your PayPal account.
This makes it easy to keep on track of how much you are spending with your online gambling, helping you to keep your spending at a manageable level.
PayPal v Other E-Wallets
PayPal is one of many e-wallet type payment systems which are offered at online casinos. Maybe you’re asking yourself what is so great about PayPal in comparison to the others.
Well, PayPal transactions will almost always not incur any transaction fees. This differentiates it from many other e-wallets and electronic payment systems circulating on the market.
One thing for sure – if you are considering using an e-wallet for your casino depositing, PayPal should be at the top of your list.
How to Find PayPal Casinos?
With that information at hand you are probably wondering how to source some online casinos that accept PayPal.
Well, ordinarily, the easiest way to find out whether a casino accepts PayPal deposits is to scroll to the bottom of the homepage.
Here you will find a number of logos displayed. If you see a PayPal logo, you can be sure that this casino accepts PayPal deposits.
Another possible way to find out is to head over to the deposit page of the casino. Here you will usually be able to find exactly which depositing methods are accepted.
If you are still unsure, you could always get in touch with the customer service team at the casino and ask them directly.
How do I Deposit with PayPal?
To deposit with PayPal, follow these simple steps:
- Head to the homepage of your casino of choice
- At the top of the screen you should find a deposit button. Click on it
- This will take you to the deposit page where your different deposition options are listed
- Click PayPal
- You will be taken to the familiar PayPal log-in screen. Log-in to the account you wish to deposit with
- Enter the amount you wish to deposit and confirm the transaction
- Your casino balance should be topped-up immediately
Is There Anything I Should be Aware of?
One thing which is worth bearing in mind is bonuses, and welcome bonuses particularly.
It is quite common for casinos to exclude e-wallet deposits, including PayPal, from bonuses. This means that you will be not eligible to receive such bonuses if you deposit with an e-wallet.
It always pays to read through the terms and conditions of any bonus.
Another thing to note is that there might be limits set on the amount you can deposit with PayPal. Generally, if you are a very big spender, it is usually better to use standard card payments rather than PayPal.
Short History of PayPal
PayPal was founded way back in 1998 under the name of Confinity and rebranded as PayPal three years later. Soon after, PayPal merged with Ebay and enjoyed an explosion in popularity.
By the time PayPal severed its ties with Ebay in 2015, it had grown into an internet giant of its own right, becoming the go-to internet payment service for those seeking alternatives to the standard card payment.
Since then it has only grown and with over 254 million active accounts, PayPal is safely the most popular e-wallet of them all.
PayPal and Online Gambling
Considering the huge popularity of online gambling in the present day, it is easy to forget that the industry is still in its relative infancy.
It was only around fifteen years ago that the potential of online gambling really began to become clear as the power of the internet began to rise.
Broadband internet changed the whole game, and the nature of retail and services completely transformed. As broadband internet spread across the globe it was only a matter of time before online gambling flexed its muscles.
Over the past decade, online gambling has exploded, and its rise and growth has coincided with PayPal’s.
The integration of PayPal with online gambling was a no-brainer for both parties and it wasn’t long before PayPal was offered as a payment method at online casinos. That cooperation still stands strong to this day.
A Great Method for Casino Depositing
PayPal is a very reliable payment service, and there are many benefits when using it for casino depositing. If you are an online gambling enthusiast and have a PayPal account, it all makes perfect sense.