Top Online Casinos for PayPal – 2020
Elon Musk is now known for his space travel projects, electric cars, and strange baby names. However, back at the beginning of the century, the entrepreneur was involved in the creation of PayPal, a global online payment system.
Musk is one of the people you should be thanking for being able to send/receive money to/from almost anywhere in the world. You can use PayPal to buy stuff, send money to your friends and family, as well as make online casino deposits/withdrawals.
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How We Pick the Best PayPal Casinos?
The ten online casinos we recommend as the best choice for PayPal users did not end up on our list by accident. They are there for being absolutely the best PayPal casinos available. Apart from accepting this banking option, those platforms are great for a variety of other reasons.
They all have big game libraries packed with entertaining slots, as well as various table games. They also have websites/mobile apps that are fast, responsive, and easy to use. Other criteria we used to pick out the best casinos include:
Online Casino Deposits with PayPal
One of the reasons why PayPal became such a popular online payment system is that it’s super-easy to use. PayPal money transfers are easy, no matter where or how they’re done. If you’re going to use PayPal to deposit money to your casino account, simply follow these steps:
Make sure that your casino accepts PayPal. You can find a list of top PayPal casinos at MobileCasinoParty.
Log in to your casino account and find its deposit section. It’s usually labeled Cashier, Banking, or something along those lines.
Type in the amount you wish to deposit and pick PayPal as the method of choice.
Depending on your security settings, PayPal might then ask you to confirm the payment.
Online Casino Withdrawals with PayPal
Before being able to withdraw money, you need to have your casino account verified. At least, that’s the protocol that top online casinos follow in order to prevent any foul play. Once you’ve confirmed your account, it is time to withdraw the funds following this method:
Open the Banking section of your casino account and choose the option Withdrawal/Payout.
Select PayPal from the list of available payout options and enter your PayPal email.
Decide how much money you want to withdraw, type in the amount, and confirm your decision.
The casino will confirm that your request has been submitted by sending you a confirmation email.
Confinity was the name of PayPal’s predecessor that was created in 1998. At first, the company’s job was to create security software for mobile devices. Their focus changed to developing a digital wallet a year later.
Following the relative success of the first version of PayPal, the company got a big boost in the form of Elon Musk’s X.com. The two companies merged together, eventually changing the name to PayPal. Then, in 2002, eBay bought the company for $1.5 billion. That’s when PayPal’s rise to stardom really took off.
Fast-forward to 2020 and PayPal is one of the most popular online payment methods in the world. Proof of how successful this system has been lies in the fact that PayPal comes in really high in the Fortune 500 list of the largest US companies.
Useful Tips for PayPal Casino Payments
MobileCasinoParty is not just another casino review website; it’s much more than that. We have insider knowledge of how things are done in the online gaming industry. The best thing is that we’re ready to share our knowledge with you. That said, here are some useful tips for PayPal casino payments.
As there aren’t too many online casinos that work with PayPal, finding a good one can be a real challenge. Do not waste your time and energy! Instead, pick one from our list of top PayPal casinos.
Make sure that the same currency you use with PayPal is set as the main currency in your casino account. This way, you can avoid paying fees for currency conversions.
The name on your PayPal account needs to match the name in your casino account. Otherwise, there could be some problems with deposits and withdrawals.
Online casinos are ready to go far and beyond to keep high-rollers happy. So, if you are one, the chances are that your casino would be willing to let you use PayPal for deposits and payouts.
There should be a welcome bonus available on your first PayPal bonus, together with many other promos. We say grab all of them!
Good to Know!
The fact is that PayPal is not a common sight in the online gaming universe. At least it’s not listed as one of the available payment methods in most online casinos. This, however, does not mean they’re against it. They might be willing to let you use PayPal, but you got to ask them first. So, don’t be shy to contact the casino support.
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Facts About PayPal
The mere fact that you’re using the internet means that the chance is high that you have already come across PayPal. Everyone seems to know about PayPal, but there are some fun facts about this company that you might not know. Let’s talk about them now.
Frequently Asked Questions
PayPal allows online gambling in jurisdictions where this activity is legal. According to the info found on the official site of the company, PayPal prohibits transactions that are meant to be used for gambling activities, if the transactions are made from the location where gambling is banned.
The first thing to do is check whether this is actually true. Some casinos do accept PayPal, even though this method is not listed as one of their available banking options. However, if it’s definite that PayPal is not an option, you can use this method to buy cryptocurrencies on trading platforms like Paxful.
There’s no such option as “anonymous account” with PayPal. In order to be able to send/receive money using this processor, you will have to use real details. The same applies to those who wish to use PayPal for making casino deposits and withdrawals.
PayPal charges a fee on practically every transaction (there are some exceptions), including those made to and from online casinos. The real question here is whether you will have to pay an additional fee to the casino for payment processing. Most casinos do not charge deposits, but the same is not the case with withdrawal processing fees.
Although each casino payment method has its own advantages and disadvantages, the fact is that there are more casinos out there that accept Neteller than those that work with PayPal. However, if you’ve already found a casino that accepts PayPal deposits and withdrawals, we don’t see any reasons to ditch it for Neteller.
No, you can’t. The names on PayPal and casino account need to match in order for the deposit request to be accepted. Otherwise, there would be a lot of room left for online fraud. This isn’t only the case for PayPal deposits, but withdrawals as well. You can only withdraw money from your casino account to your PayPal account.