United States
United Kingdom
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South Africa
AustraliaLegal PayPal Casinos – Best Online Casinos That Accept PayPal
The online community is an ever-evolving organism. It has shown its ability to grow, nurture and adapt to all kinds of novelties. That is why almost everything is available online nowadays – books, movies, academic courses and much more, thanks to the ultimate virtual shopping experience.
Ever since Internet users were allowed to perform online financial transactions, most providers have aimed to improve their payment methods and draw greater attention to the selection.
One such globally widespread provider of transaction methods for the massive online market is the company PayPal. It represents an astounding coverage of over 250 markets with their diversity of products, and an even greater geographic spread.
These achievements helped PayPal enter the area of online gambling. Considering the fact that many people had already created their account on this platform, casino players simply made use of this convenience.
Recommended Online Casino Sites accepting PayPal:
| Rank | Rooms | Expert Score | Signup Bonus | Play Now |
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1
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|
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Generally speaking, PayPal may be categorized as a type of e-wallet software which acts as an online storage space for all your finances. Since its beginnings, back in 1998/99, great advances have been made in the field of market availability, customer security and performance optimization. During its time under eBay, they seem to have established an unparalleled tandem which immediately brought about a significant rise in revenues. As of recently, PayPal is aiming to take over any remaining territories, leading the industry forward.
PayPal Online Casino Legislation
The legal aspect of using PayPal mainly depends on your country’s policy, as you have already seen. Online casinos fall under the same jurisdictions, but they also require licenses which means you have to pay great attention when distinguishing which one is legal.
Almost all countries which have adopted one or the other have a unique approach to this matter. For example, India has a strict policy which prohibits its residents from withdrawing, i.e. receiving money from foreign accounts, while Turkey cannot send funds to such profiles. Egypt, on the other hand, completely blocks any usage of PayPal, which is why you should avoid opening your account during any stay on their territory.
Contrary to this, there is the USA, Canada and Australia, which all have their own stance towards online casinos.
PayPal has recently made some efforts for expansion, mainly aiming for a return to US mainland, along with online casinos which are still predominantly offshore.
United States of America
The USA, while having a Supreme Court that dictates laws for every location in the country to follow, still has a bit of a tricky stance on online casinos. While certain states offer one type of gambling, they won’t offer another and vice versa. Online casino gambling though, is illegal in most US states. The only legal online gambling within the country exists in Delaware and New Jersey. A few foreign-based online platforms do accept players from the United States though, if they’re not blocked by ISPs. Citizens are not prosecuted for accessing such sites.
United Kingdom
Online casinos are readily accepted and available to join in the UK, with multiple sites holding licences from the UK Gambling Commission. These platforms provide legal casino games to the country, although a mass of offshore platforms without such licences can also be accessed and joined from the UK, too.
Australia
In 2001, the Australian government passed the Interactive Gambling Act, which is targeted at online gambling operators. This made it an offence for real-money interactive gambling to be offered to Australian residents, as well as advertise casino or gambling games. While playing the games with demo money for fun is possible, real-money gaming remains an illegal activity. This hasn’t stopped players from signing up to online casinos that are based offshore, though.
Online casinos can still be set up within Australia, but their services can only be offered to players outside of the country. Therefore, Australian citizens cannot sign up to these sites legally and play there.
Canada
Online casino gambling is legal in all Canadian provinces, with the exception of Saskatchewan. Yet, even players from this province are able to access foreign-based online casinos without prosecution. British Columbia, Ontario, Quebec and Manitoba all have online casinos based within them and legally operating. Laws within Canada do not prohibit residents from accessing online casino games based at offshore sites and multiple online casinos accept Canadian players.
New Zealand
Gambling and casinos within New Zealand are regulated by the Gambling Act of 2003. When it comes to the online casino industry, this is prohibited within the country. New Zealand does not issue online casino licences and it is expressly prohibited to operate such a platform or any kind of remote gambling. That being said, residents of New Zealand can access and join foreign-based online casinos without any fear of being prosecuted.
Europe
Online casinos throughout Europe can be found in multiple different countries. In the process, these sites serve a vast plethora of countries, from those based within Europe and those further afield. Different countries will have their own laws that decide whether online casinos are legal and if any punishment is served up to players who access offshore sites. Yet, most countries within the continent don’t have such punishments, and several of them have their own internal casino laws, too.
South Africa
While land-based casino gambling exists as a legal entity in South Africa, the online world is much different. The country does not have any legally operating casino sites, because the country deems it to be an illegal activity. Anyone found to be operating, advertising, playing or transacting with online casinos within the country can be served large fines and potentially be given jail time. That being said, multiple offshore casinos welcome South African players to their sites, with some even offering the option of playing in South African rand.
Paying with Paypal at Your Chosen Online Casino
You’ll need to ensure that you have a Paypal account before you’re able to use it at your preferred online casino. However, it doesn’t take a long time to register for one – and this process is free, too. You just need to make your way over to the Paypal website and fill in some details to sign up. The registration process will take no longer than a couple of minutes and you can then start linking your bank account or card(s) to the e-wallet.
To do this, you just need to input details of your bank account or credit/debit card and verify this. When this takes place, Paypal will deposit a small amount of money into your account and you need to enter this amount on the verification page. However, even before this, you can start using Paypal to make deposits.
After completing your registration and connecting your bank or credit/debit card to Paypal, you need to select it as your preferred payment method on the cashier page of the online casino. Then, you will be prompted to log in to your Paypal account after entering the amount of money that you would like to deposit. From there, you just need to confirm the details are correct and proceed with the transaction. This will all take place instantly, so your funds will travel from your bank account or card, through Paypal and directly into your casino account. This allows you to start playing your favourite casino games straight away.
How Do Withdrawals Work with Paypal?
Once you’re ready to withdraw from an online casino with Paypal, the process is just as simple to complete. You will need to have deposited at the online casino with Paypal first before you can use it as a withdrawal method. However, this then requires you to select it from the payment method options and enter the amount you would like to take out.
The withdrawal request is then forward to the online casino. It should then take the casino a short time period to approve the request, after which time period, the money will be released to you. Paypal withdrawals shouldn’t take any longer than 24 hours after this, and most of the time, they’re completed within an hour.
It’s important to keep in mind that your withdrawn funds will go to your Paypal e-wallet, and not directly back to your bank account. If you do wish to withdraw the money to your bank account from the e-wallet, you will need to request this through your Paypal account afterwards. Just go to your wallet, click on the ‘Withdraw Money’ link and select where you are transferring the money from and to which bank account. Withdrawals from Paypal to your bank account will usually appear in your account within two hours.
Any Associated Fees?
Some payment methods do have fees attached to them, and while Paypal is one of them, the fees aren’t imposed by the online casino most of the time. Instead, what you will find, is that Paypal only charges you for certain things. For example, if you’re intending to deposit at an online casino with a different currency to the one that your account is in, then a conversion charge will be incurred at that time.
The only other time that Paypal will add a fee on to your transaction, is if you’re sending a payment to someone located in another country or if you received a payment from someone in another country. If you’re deposit through Paypal is being funded by a credit, debit or prepaid card, then a fee of 3.4% plus a fixed fee will also apply. This fee will differ depending upon the currency that is received.
Why Should I Use Paypal for Funding My Online Casino Account?
There are multiple reasons why players of casino games choose to utilise Paypal in order to fund their accounts. One of the biggest advantages of using this payment method though, is that it offers up a secure option. If you compare it with a card payment, for example, you’ll see a stark difference.
Adding funds to an online casino with a credit or debit card requires you to enter the details of the card itself. While online casinos should be secure and send all transaction details in encrypted format, some people aren’t comfortable with inputting such details into online casino sites. On the other hand, if you use the Paypal option, you’re simply logging in to your Paypal e-wallet account and sending the money from your bank while using Paypal as the middle man, so to speak. Therefore, your card or bank details aren’t given directly to the online casino. This means that you get to benefit from that information not being exposed to the casino platform.
Additionally, we all want to enjoy our favourite online casino games as soon as possible, right? Well, because Paypal provides its users with instant deposits, this is very much a possibility. As soon as you process the transaction, the funds appear in your casino account straight away. This way, you can navigate to the game lobby and begin playing whatever you like. You should never have to wait more than 15 minutes for a Paypal deposit to process through. Additionally, when you’re withdrawing funds from the casino, the funds should appear in your wallet swiftly after the site approves the transaction.
One more thing that makes Paypal a great choice to use, is because sending and receiving money from and to your wallet is free of charge (unless the previously mentioned currency conversion takes place). There are some online casinos that charge you for making card deposits, some for bank wire transfers and other such options. Because you can use Paypal for free in a lot of circumstances, it stands out as being an appealing payment method to put to use.
Conclusion
So, as you can see, there are plenty of exciting features that are related to funding your online casino account with Paypal. It’s fast. It’s effective. It’s secure. And overall, it’s very easy to use, too. Plus, while with some e-wallets such as Neteller or Skrill, you can sometimes be restricted from claiming special offers when depositing with them, Paypal doesn’t fall into that crater. Instead, you will usually still be able to receive promotions when adding funds through Paypal.
On the whole, the company has existed for many years now, so it stands out as being one of the more trustworthy e-wallet brands to utilise. Even though the number of casinos that accept it as a payment method remains lower than other brands for the time being, it is growing in acceptance. Plus, with the collection of online Paypal casino sites that we have brought together for you to see and check out here, you’re certain to find one that suits your preferences.
Frequently Asked Questions
Even though they have been in the industry for almost two decades now, PayPal is still big news in many places around the world. Due to its unconventional way of functioning, a lot of people still feel like there are mysteries surrounding this transaction method. In turn, this has put off many potential users. Nevertheless, a simple clarification of its basics is bound to pave the way for an even greater expansion.
How can I set up a PayPal account?
How should I connect my PayPal account with my online casino?
Is my personal information safe and private when using PayPal in casinos?
Can I use PayPal for online casinos in my country?
Are there any transaction fees when using PayPal?
There must be some disadvantages to using it. What are they?
Are there other popular services like PayPal for comparison?
Can PayPal be used on multiple platforms, such as mobile devices?
Are there any amount limits or requirements for depositing or withdrawing through PayPal?
Will I be able to use the casinos’ bonuses and promotions if I choose PayPal as my payment option?
Petar Markoski Author
Petar is the finance guru, if you need a good investment this is the guy you go to! Working majority of his days in the finance sector as trader, he has gathered plenty of insight on binary options and the forex markets
