PayPal was one of the first payment methods to facilitate online payments, having been founded in 1998. In 2002, it was acquired by eBay, and it has since focused on providing users with fast and safe money transaction options.
With the acquisition, PayPal became the perfect tool not only for online purchases on eBay and other retailers but also for casino transactions. It can store funds, transfer them quickly, safely and anonymously and, as such, it is highly praised among the gambling community.
PayPal is a leading online payment service and a Fortune 500 company.Since it became a wholly-owned subsidiary of eBay in 2002, the service transformed into a global payment processor for online vendors, auction sites, and offline stores. Why is PayPal so popular and is it a good service to use when playing deposit with your phone bill slot online? Depositing money. To play online slots, a player is required to create an online casino account. This is necessary as it acts as a place for players to store the funds that they need to play slots.
PayPal is widely popular among European casino players due to the provider’s reliability, quickness and easy-to-use features. There are also plenty of US-friendly PayPal casinos that offer its users to deposit and withdraw money through this payment service.
The main perks of using PayPal for online casino payments are:
- Lightning-fast processing times
- State-of-the-art security measures
- Anonymity
- High transaction limits
- Low to no fees
Sounds unreal, does it?
It did to us in the beginning as well, but as we began to unravel all the benefits of using this platform, we came to realize that PayPal is the real deal. And we’re utterly confident that you’ll share our enthusiasm once you read this guide and learn everything you need about using PayPal in casino sites.
Everything you need to know
Stick around as we explore all the pros and cons of using one of the leading payment services in the world for online casino transactions and beyond!
Most Trusted Online Casinos that Accept PayPal
PayPal is accepted by a host of US-friendly casinos. Our expert casino team took on the challenge of tracking down the most trustworthy options.
All the casinos below boast splendid bonuses and promotions, as well as a plethora of gaming options. Most importantly, they’re perfectly legitimate and accept PayPal deposits and withdrawals.
| Casino | Offer | Devices | Play Now / Review |
|---|---|---|---|
$5,000 Welcome Bonus | |||
First 3 Deposits, Get Up To $6000 | |||
350% Match up to $3500 | |||
First 3 Deposits, Get Up To $3000 | |||
$5500 Welcome Bonus | |||
$5000 Welcome Bonus | |||
255% Bonus up to $2555 | |||
First 3 Deposits, Get Up To $6000 | |||
$3,000 | |||
300% up to $500 |
Can US Players Use PayPal for Online Gambling?
Absolutely and unequivocally yes! PayPal is accepted by numerous online casino sites operating legally in the US. There are a bunch of licensed online casinos in the US, as well as offshore sites which offer this payment method.
Although PayPal’s official website says that the company needs to pre-approve all activities related to gambling. In other words, a US-facing online casino cannot use PayPal until and unless it receives a pre-approval from PayPal.
According to a CNBC report of September 2015, some US-facing online casinos started offering PayPal as a payment option after nearly 10 years of staying away from the US market. The online payment processor started pre-approving US online casinos very quietly and hardly released any information about any changes to its policies.
Although PayPal had no issues processing transactions related to online gambling when it was an independent company, it stopped supporting US online gambling activities in 2003 after it merged with eBay. Now that PayPal is once again an independent company, it is quietly allowing some US gambling websites to offer PayPal as their banking method.
If you can’t find a PayPal online casino that accepts players from the US, there are some noteworthy alternatives, such as crypto casinos. You can read all about them in our in-depth crypto casino guide — we have an entire page dedicated to how to use cryptocurrencies on online gambling sites.
How to Use PayPal on an Online Casino: Step-by-Step Guide
Using PayPal as a preferred casino banking method is easy, safe, secure, fast, anonymous, and convenient. PayPal is a complete banking method as it can be used not only to load casino gaming accounts, but also to withdraw winnings.
Here is a simple guide to using PayPal as a banking method at online casinos.
Set up a PayPal Account
Signing up to a PayPal account is quite self-explanatory and, more importantly, free of charge. First, you must visit the PayPal official site, and click on the “Sign Up” button.Then choose the type of account you want to open and fill out the required fields. You will need to provide personal info, such as a username, password, and email address.
Next up is linking your PayPal account to your credit/debit account. Since PayPal is in charge of linking your bank account to your PayPal account, you won’t need to share any banking details with the casino site you’re playing in.
After you have provided the banking info and connected your bank account to your PayPal account, a small deposit will be made into your account that will effectively complete the process and allow you to proceed with making deposits and withdrawals in a real money online casinos.
Don’t worry — the deposited money will be refunded to your bank account in a few days.
For a more detailed explanation, refer to the video below:
Fund Your PayPal Account
Before you can start using PayPal for casino payments, you must make sure your account is topped up. You can fund your PayPal account either via PayPal Cash Service or through your bank account.If you opt for the bank transfer, you will be asked to provide the bank account as the source of the funds, input the amount you want to transfer, and finally click on “Add”.
If you go through the PayPal cash service, you must find a local PayPal-friendly vendor. When you do, generate the barcode through the PayPal app and show it to the retailer along with giving your cash, and your account will be topped up in 15 minutes. You will be charged a small fee.
Join One Of Our Recommended PayPal casinos
Create an account at any of our recommended PayPal casinos. It is absolutely free to do so. You can also play the games for free till you feel comfortable about making a deposit at the site.Login to your chosen Paypal Casino's account
Once you have topped up your PayPal account and registered at a preferred gambling site, it’s time to make your very first deposit.Here’s the whole drill:
- Log in using your username and password
- Go to the “Cashier” section (it’s usually marked with shopping cart symbol) and select “Deposit”
- Select PayPal from the list of all available payment methods
- Enter the amount you wish to deposit
- Verify the transaction
- Enjoy!
After you’ve confirmed the transaction, the funds should be transferred to your casino account almost instantaneously.
Linked Payment Methods Used For Insufficient Funds
If your PayPal balance is insufficient, the funds will be drawn from the bank account or credit/debit card linked to your PayPal account.Withdrawal
The withdrawal process is a piece of cake — just follow these few simple steps:
- Log in
- Go to the “Cashier” section and click on “Withdraw”
- Type in the amount of money you want to cash out
- Verify the transaction
- After 2–5 days, the funds should reach your PayPal account
- Transfer the funds from the PayPal account to your bank account or credit card
Some online casinos that accept PayPal deposits also work the other way around and will allow you to withdraw using the same method. If you’re playing in gambling sites that don’t facilitate PayPal withdrawals, you must choose an alternative payment method, like Visa or mastercard .
When you’re requesting your very first withdrawal using PayPal, the online casino might ask for some additional info to confirm your identity. This is required because most online casinos are subject to KYC (Know Your Customer) policy. On that note, you may need to provide:
- Personal ID
- A copy of your passport
- Utility bill
- Bank Statement.
Players who do not want to use the above two methods to withdraw their cash can request PayPal to send them a check. To withdraw through check, players have to login to their PayPal accounts, click on the Withdraw option, and then click on the Request a Check option. While PayPal checks reach US customers within two weeks, they may take as many as six weeks to reach non US customers. PayPal also charges a fee of US$1.50 for making withdrawals through checks.
Online casinos do not charge you for using PayPal as a banking method.
How to Hand-Pick a Top-Tier PayPal Casino
The legal aspect of using PayPal depends on your country’s stance towards online gambling. Almost all countries have adopted a unique approach to this matter. For example, Turkey can’t send funds to foreign accounts.
Some countries, like Egypt and India, can accept a virtual PayPal visa from the US, but not from the EU or the UK.
The bottom line — you should inform yourself on the online gambling laws in your country of residence that pertain to the usage of PayPal for online casino transactions.
Another thing to have in mind when choosing a PayPal-friendly casino are limits to PayPal deposits. When making casino deposits, you won’t be charged any fees by the casino in most cases. However, PayPal reserves the right to charge fees.
Furthermore, withdrawal fees will vary significantly depending on your geolocation. You should also be aware of the fact that you can only withdraw funds from the casino account via a Visa or US bank account.
You should know all these things before making your final decision on where to gamble online while in the US.
Most Popular PayPal Casinos To Play Casino Games
No matter if you’re a fan of slots or tables, you should check out the offerings at Slots.lv and BoVegas casino.
As the name suggests, this is a true paradise for real money slot lovers.Apart from a massive array of slots, this casino offers all kinds of incentives for US players, including a dazzling welcome bonus of up to $5,000, as well as a hefty $22 no deposit bonus.
If you’re looking for Vegas-style casino action and all the excitement that comes with it, look no further than BoVegas — an all-in-one US-friendly gambling hub.When you join their ranks, you will get a warm welcome — a welcome worth up to $5,500 in bonuses! And if that’s not enough, there is a great great casino game collection for all who enjoy playing casino classics.
PayPal History: Timeline and Facts
With over 280 million active users and over 10 billion payments per year, PayPal is a genuine e-commerce juggernaut, on par with Visa and MasterCard in terms of popularity and quality of service.
Let’s see how PayPal’s path to prominence from the company’s early days went down:
- 1998 — PayPal was founded by technology entrepreneurs called Max Levchin and Peter Thiel. The company’s initial name was Confinity.
- 2000 — The company merged with Elon Musk’s online banking company called X.com. Musk saw the potential of Confinity, but the then CEO of X.com, Bill Harris, didn’t share his enthusiasm and Harris left the company. Later on that year, Musk decided to seize X.com’s internet banking operations and turned the focus to PayPal. That same year, Peter Thiel replaced Musk as the CEO of X.com.
- 2001 — The company was renamed to PayPal.
- 2002 — PayPal went public and was acquired by eBay for $1.5 billion.
- 2006 — PayPal launched a mobile platform, allowing customers to facilitate PayPal transactions via smartphone devices.
- 2013 — PayPal acquired an online competitor, a company called Braintree Systems.
- 2014 — Carl Icahn, one of PayPal’s main shareholders, demanded that his company split ways with eBay. The two tech giants split, and PayPal once again became a publicly-traded company.
- 2015 — PayPal purchased a digital transfer firm called Xoom, allowing the company to accelerate the handling of international payments.
- 2016 — PayPal’s subsidiary, Venmo, surpassed $1 billion in payments for a single month, which is the greatest amount ever.
- 2017 — PayPal launched its pioneer P2P payment system, thus paving the way for the company to branch into the emerging P2P marketplace.
- Present day — PayPal is one of the leading financial providers, massively used in the iGaming industry.
Why Use PayPal for Casino Deposits?
Countless transactions that take place via PayPal every day are a testimony to the provider’s ubiquitous use and safety.
As an online gambler, security, ease of use, and speed are the most sought-after features from a banking method, and PayPal hasn’t failed to deliver. Several cutting-edge security measures that are put in place to protect all transactions vouch for PayPal’s undisputed dedication to provide its users with a 100% safe and reliable payment gateway.
One of the most amazing features of PayPal is its One Touch feature, which ensures that all your login information is safely and securely stored on your desktop, mobile or tablet. Once you activate One Touch, you don’t have to repeatedly input your email address and password for the next six months. This makes it possible for you to shop really fast. You can always disable One Touch by visiting your PayPal profile page.
PayPal
What’s more, certain casinos offer bonuses for those who deposit via PayPal. These bonuses might come in the form of free spins, free cash, or match deposit offers.
One of the most significant benefits of using PayPal in online casinos is there are no limits as to how much you can deposit.
PayPal is extremely easy-to-use and convenient. With a single click, you can keep tabs on every deposit, withdrawal, pending transactions, and so on. You can use PayPal via every popular device, making it ever so convenient to add and remove funds from your casino account.
Pro and Cons of Using PayPal
Although PayPal is one of the most convenient payment methods to make casino payments, there are some downsides to its convenience. Here are the good and bad points to consider.
- Reputation and security — There are over 100 million PayPal users in the US alone, which only goes to show how reliable and safe this payment method is. Also, PayPal takes security very seriously and employs the same high-tech security measures as most banks in the US.
- Anonymity — Since PayPal is a third-party service, your financial data (credit card and bank account number) will never get into the casino’s site servers. This means that the money you deposit on gambling sites is always kept hidden from prying eyes.
- Ease of use — Setting up a PayPal account is straightforward and payments are easy to execute. Also, it takes only a few clicks to deposit and withdraw on casino sites via PayPal.
- No maintenance fees — PayPal is 100% free to use. This is a major benefit if we take into consideration that merchants impose fees that may be as much as $100 per month.
- Speed — Being an eWallet, PayPal is able to facilitate lightning-fast transactions. This is particularly noticeable when it comes to casino withdrawals because PayPal cashouts take only 2–3 days to process, which is much faster than via other methods.
- Frozen accounts — In some instances, your PayPal account can be frozen. This may occur if the service detects a substantial amount of money being withdrawn or any potentially suspicious activity. PayPal uses these somewhat strict protection measures to prevent fraudulent activities. However, most people get frustrated when their funds get frozen, which is a completely understandable reaction.
- Not all countries can receive payments from PayPal — Since it’s located in California, US, it doesn’t allow payments to many offshore casinos.
Final Thoughts
Depositing and withdrawing on casino sites via PayPal is an incredibly hassle-free option, provided you are a resident of a country that is accepted by casino sites for PayPal transactions.
In my opinion, PayPal is a payment provider of the highest echelon. When choosing a good PayPal casino, you need to use good judgment, as in every business decision. Hopefully, this guide will assist you in making that decision.
If there is anything I can help you with, please let me know in the comment section below.
FAQ
Do I have to open an account with PayPal to use their services?
Do any online casinos accept PayPal?
Slot Online Con Paypal
What are PayPal fees?
Are PayPal transactions safe?
Are PayPal casino transactions reversible?
How long does it take to withdraw money via PayPal?
Longevity is one of the best signs for an online casino, and Spin Palace Casino has been around since 2001. The mere fact that the gambling site has survived for so long in such a competitiveenvironment suggests that it’s among the best in the business, but let’s be more specific.
Spin Palace Casino supports PayPal, and the payments with the e-wallet are among the fastest online. Each deposit is instant, and you will receive your withdrawals within 48 hours.
The games of Spin Palace Casino are provided by Microgaming, one of the best developers in the industry. You can pick from hundreds of popular slots with various themes and gameplay features. Thelist includes some of the largest progressive jackpots out there, too.
If you decide to join Spin Palace Casino, you will receive a 100% first deposit bonus of up to $250. That’s just the beginning, as the operator offers a bunch of other ongoing and exclusivepromotions to all players.
Simply put, Spin Palace Casino is perfect for people looking for slots and PayPal payments. If you want to learn the other advantages of the gambling site, check out our complete review below.
Betway Casino
The sportsbook of Betway is the more popular gambling product of the company, but the online casino certainly deserves a lot of attention. It features a ton of exciting slots by top studios suchas Microgaming and NetEnt.
The sheer number of the available slots is impressive, but the quality shines, too. You can enjoy classic slots, video and 3D slots, and large progressive jackpots. The selection of Betway Casinoimproves all the time, as the site adds new products constantly. Most of them are available on mobile, too.
PayPal is one of the many payment providers supported by Betway Casino, and the speed of the withdrawals can compete with pretty much any other online gambling operator.
The promotions are another reason why I like Betway Casino so much. You can start your experience with a 100% sign-up bonus of up to $250. Once you’re done with the welcome deal, there is aloyalty program and a bunch of other offers that will help you earn even more extra value.
If you are interested in learning more about Betway Casino, the review below will answer your questions.
888 Casino
The 888 Group is one of the most experienced providers of online gambling products out there. The 888 Casino has been around since 1997 and is the home of millions of players.
Let me start by saying that the brand is known for the insane number of promotions for both new and exciting customers. If you decide to join 888 Casino, you will instantly understand why.
Each new player gets a welcome package worth up to $1500 for his first five deposits. After that, you can enjoy a VIP program and a large variety of exclusive and regular promotions. The loyalcustomers of 888 Casino are rewarded constantly.
It’s not hard to become such a member, as the variety of games is excellent. In the past, 888 Casino only had in-house slots. On the bright side, that meant unique games that are not availableanywhere else. However, the number of games was rather small, and people missed some of the popular titles on the web.
This is why 888 Casino decided to implement slots by developers such as Playtech, NetEnt, and many more. The result is an excellent portfolio of rare in-house slots and beloved titles from someof the leading studios on the market.
If you add the fact that PayPal withdrawals usually take less than 48 hours, it’s easy to see why I have 888 Casino on my list. The full review of the online gambling operator is available below.
32Red Casino
Another online casino that supports PayPal and offers a bunch of slots is 32Red Casino. The gambling site works mostly with Microgaming, so you will have access to hundreds of products of thedeveloper. You can pick from classic slots, 3D slots, jackpots, and more.
If you decide to try them, you can start with a 100% first deposit bonus of up to $150. When you finish this promotion, you can enjoy the 32Red Casino loyalty program that could bring a ton ofrewards such as more bonuses, free spins, cash, and others.
Real Online Slot Paypal
On the surface, the service of 32Red Casino is decent but not exactly spectacular. What made me include the operator here is the speed of the PayPal withdrawals. You will receive your moneywithin 24 hours most of the time, which makes 32Red Casino one of the fastest online.
To learn more about the gambling site, check out the review below.
Ruby Fortune Casino
If you are looking for an old-school Microgaming platform, Ruby Fortune Casino is the place to be. The site has been online for ages now and has a proven reputation. All the games are tested byeCOGRA for fair play, including the selection of slots.
There are a couple of hundred of them, including the biggest progressive jackpots offered by Microgaming. There are new titles added on a regular basis, so you won’t run out of fresh slots toplay.
If you decide to give Ruby Fortune Casino a go, make sure to claim the $750 welcome package for new customers. The free cash is spread across your first three deposits in the room. If you keepplaying after that, you can earn more rewards through the Ruby Fortune Casino VIP program.
Once it’s time to withdraw your cash, you can expect the money in 24-48 hours for PayPal transactions.
If you are interested in Ruby Fortune Casino, feel free to learn more through our complete review below.
Why Play Slots Online With PayPal?
If you wonder why PayPal and slots are a winning combo, here are my reasons.
People who are looking for fast payouts should most definitely consider PayPal as an option. All deposits with the e-wallet are instant, while the withdrawals are processed within 48 hours bymost online casinos.
That’s so much faster than other popular providers like credit and debit cards, wire transfers, and money transfer services. If you use one of them, you will have to wait for at least 3-4business days before you receive your money.
There is a reason why slots are the most popular casino games out there. They provide endless entertainment, mostly because of the enormous variety of themes and gameplay mechanics available onthe internet.
You can enjoy mythology, sports, famous TV shows, cute animals, ancient creatures, and pretty much anything you could think of. The imagination of the developers behind them is endless, and theyfind inspiration in so many areas.
And that’s only the visual element! If you look at the gameplay, there are so many enjoyable features. Free spins, bonus games, jackpots, wilds, scatters, and plenty of other mechanics combine tocreate thousands of unique slot machines.
There are tons of studios with elite developers and designers that are working hard to provide innovations on a regular basis. Nowadays, there are even VR slots, and who knows what the nearfuture holds?
My point is, you will have loads of fun if you decide to play slots online.
Almost every single casino on the internet offers loads of slots, and many gambling sites support PayPal as a banking method. As a result, you will be able to choose from plenty of trusted onlinecasinos.
The variety at your disposal will allow you to find the most suitable gambling platform on the web or simply try new places all the time. You have the freedom to switch casinos frequently andexperience new slots on a regular basis without compromising for lower quality.
Everyone knows that the online casinos provide an endless list of promotions. Most of them come with various strings attached. For example, not all games of the casino contribute the same to thewagering requirements of the first deposit bonus, and not all banking methods are accepted.
You will rarely face such issues if you play slots and use PayPal as a provider. This category of online casino games is always part of the bonuses, while deposits with the e-wallet qualify formost promotions on the internet.
The chances of you winning a life-changing amount playing slots online are slim, but there are people who actually win a ton of cash every now and then. Whether you play progressive jackpots orregular jackpots, you can always get lucky.
Sure, your long-term expectation is to lose money, but that applies to all casino games out there. If you pick slots, you actually have the chance to hit big. You can’t do that playing the likesof blackjack, roulette, baccarat, and many other popular casino games.
One of the downsides of PayPal as an online payment provider is that not all players can use it. For example, people from the USA don’t have access to the e-wallet when it comes to online casinoswith real money.
If you want to play slots on the internet, you will have to pick from some of the other available banking options. Let’s take a look at them.
- Credit and debit cards: Visa, Maestro, Mastercard, Diners Club
- Crypto: Bitcoin, Ethereum, other
- Money transfer services: Western Union
These are available at the following online casinos that also offer slots.
Final Words
Online Slot Casino Paypal
I hope you find a suitable online casino thanks to this post. I made sure that every slot lover that also wants to use PayPal has at least a couple of solid options.
Slot Online Paypal Account
It must be mentioned that all of my suggestions offer a bunch of other games, too, so you can always switch to something else if you get bored.