PayPal and Online Casinos

We’ve tested many online payment providers, and from our experience, PayPal remains one of the most recognized. Since its start in 1998, it has grown worldwide, making it simple to send funds to online shops and service providers. Setting up an account was easy for us—an email address and a linked bank account was all we needed. Compared to other popular e-wallets like Skrill or Neteller, PayPal stands out due to its global reach and trusted reputation. But does it make sense to use this option for online casino payments and withdrawals? We take a closer look.

Reading time: 2 minutes.

Best online casinos

Lucky Days Casino

$1500 bonus + 100 free spins

Zodiac Casino

$100 bonus

888 Casino

$1500 bonus + $88 free

PlayAmo Casino

$300 bonus + 150 free spins

What exactly is PayPal?

We have tested many payment options for online casinos, and PayPal stands out as one of the oldest and most trusted. It began in 1998 and became well-known after joining forces with eBay in 2002. By 2007, it secured a European banking license, adding a layer of trust and safety. Today, it works in over 190 countries and supports many currencies.

I like that PayPal is free to use for buyers. The costs fall on the seller, not on me or you. Opening an account is simple. All we needed was a linked bank account or card and an email address. This also helps keep sensitive details private since the casino never sees my banking data. For those worried about identity theft, this feels like a solid shield.

How does PayPal work at online casinos?

From our testing, using PayPal at an online casino is smooth. We go to the casino’s payment page, pick PayPal, and enter the amount. We then log in through a secure pop-up. The funds reach the casino balance fast. For withdrawals, it works in reverse. We request a payout, select PayPal, and wait for the transfer. Often, this is quicker than traditional bank methods.

What are the advantages and disadvantages of using PayPal at an online casino?

In our experience, the main advantages are speed, safety, and ease of use. Transfers usually happen right away, and the extra security features help us feel more comfortable. We also like that PayPal can both send and receive funds. This is handy since not all methods, like credit cards, let us withdraw winnings. It’s free for us, and that’s another plus.

But there are downsides. We’ve noticed that many top online casinos accept PayPal, but not all. Other popular e-wallets, such as Skrill or Neteller, often appear in more casinos. That can limit our choice. Also, setting up PayPal takes a bit longer since we must verify our linked bank accounts or cards. While this extra step adds security, it can feel a bit slow compared to some competitors.