Our Online Casino Paypal Guide – All you need to know

It’s certainly not a surprise that PayPal is one of the favourite payment methods of most casino players on the Internet. Online casinos that accept PayPal are usually considered to be safe sites to play for real money. But there is a certain drawback. Namely, there aren’t that many online gambling sites that accept PayPal, despite the fact that PayPal is probably the leading online payment processor. This is mainly due to the fact that PayPal is very strict when it comes to payment security and that’s why it won’t accept processing money to and from gaming websites that are even remotely suspicious. PayPal only accepts the most reliable companies on the market. That’s the main reason why there aren’t many PayPal online casinos. Surveys show that while a competitor eWallet works with over one thousand gaming casinos in Britain, PayPal works with slightly below hundred, which is a huge difference. Still, choosing between 100 casino is no easy task, so in this article we will present you the top 3 PayPal Casinos in the UK.

Best Online Casinos that Accept PayPal

On the other hand, there are some PayPal casinos out there and you certainly have many reasons to choose them over casinos that don’t accept PayPal. Since PayPal is the safest online money transfer method, it is clear why a PayPal online casino is considered to be a safe website. In this article you can read about the best online casinos that accept PayPal, their features and bonuses and in general about PayPal transactions in respect to online gaming deposits and withdrawals. 888 Casino can safely be named best PayPal casino online.

Special PayPal Bonus Offers

Not only are PayPal casinos considered to be safer than the ones which don’t allow PayPal deposits and withdrawals, but some of them also offer lucrative bonuses to potential players. Thus, not only you know that your payments are secured and you can enjoy and be worriless while playing, but you can also earn few extra bob. Well, it doesn’t get much better than that, does it? The special PayPal bonus offers are various and depend on the particular casino.

Advantages of PayPal

PayPal is known world-wide as one of the safest, most secure and most reliable money transfer methods, particularly when compared to other eWallets. It is available in almost 200 countries and territories throughout the world. Opening a PayPal count is easy-peasy. Firstly, you need to go to PayPal’s website and sign up with your email. Then you will receive an email simply to confirm the address. After that you need to provide your debit card information or your bank account information. Most people provide their debit card information because that’s simpler and thus the transactions are faster. After they confirm that your debit card exists, you are free to transfer money to and from your PayPal account.

Privacy Policy

PayPal would never disclose your information to third parties, not even to the Internet casino in which you’re playing and making wagers via PayPal. They serve as an intermediary and thus your information is protected. PayPal’s high security has three main elements: technology, experience and privacy. They use 128-bit SSL encryption, which is the highest degree of publicly available security platform, which guarantees that no ‘intruder’ will be able to look into their database and steal valuable information. They have been around for so many years and they hire only reliable and skilled employees and protecting their customers’ privacy is one of the things they are strongly dedicated to.

Flexibility

When PayPal introduced the virtual terminals it was a true revolution in the world of e-commerce. In terms of online PayPal casinos, the flexibility can be seen in the fact that the deposit time is usually instant at most casinos and almost never longer than ten minutes, while the withdrawal usually takes about 24 hours. Only very few casinos have longer withdrawal process times, and they still aren’t longer than 5 working days, whereas in other the withdrawal time is also instant. And you can deposit as little as £5 at some casinos you can withdraw a limitless amount of money. No doubt, it is the best casinos online that feature this method.

Acceptance

Another great thing about PayPal is that you can use your PayPal account to buy stuff online. And there’s no fee for that. Practically every online store allows people to pay from their PayPal account. And since there is no fee, you don’t always have to transfer your money from your PayPal account to your bank account, you can often use them online. In addition, PayPal works with most debit cards, so you can deposit money to and from PayPal, no matter in which bank your account is. Furthermore, PayPal is operating in almost 200 countries and territories throughout the world and there are more than 143 million open accounts.

Safety of the Payment Procedure at Payments with PayPal

The reason why PayPal only works with reliable and respected websites is quite simple. PayPal guarantees not only that they will protect your bank information and not disclose them to third parties, but also that you will receive the money that you have earned. The reliability of PayPal online casinos can be an indication that a case where you win a certain amount of money, but you don’t actually receive them is very unlikely to happen. To put it simply, with PayPal you know where you’re standing. Their thorough, 16-section user agreement functions as a contract between you and PayPal. You are strongly advised to read it before deciding to use their services and millions have witnessed that there’s nothing incriminatory in the agreement.

Infographic: PayPal Online Casinos – Security and Protection One of most valuable types of protection that PayPal offers to its clients is the protection from unauthorised transactions. Even if someone manages to break into your PayPal account, which is highly unlikely to happen, and you happen to have a lot of money in the account, if you don’t authorise the transactions you will be reimbursed with the full amount of money. And even when you receive money that you won in the casino and they are transferred to your PayPal account, the online casino which accepted your bet via PayPal, doesn’t gain access to your bank information. In other words, nobody but PayPal, ever gets access to your deposit card number/bank account number.

Disadvantages of PayPal

As we already established, PayPal is an extremely popular online payment methods not only among casino players, but also to online users in general. Nonetheless, not everything about this service is perfect. There are some very obvious disadvantages which we’ll discuss below.

Relatively high fees

Even though you don’t have to pay anything when you transfer money from your PayPal account to your casino account or vice versa, there are fees when you withdraw money from PayPal to your bank account. These fees, in all honesty are not among the lowest. The standard transaction fee for the UK is 3.4% plus a 20p fee for every transaction.

Relatively low deposit and withdrawal limits

Although most players are not very concerned about that, we have to mention that the maximum deposit limits for deposits and withdrawals at web casinos with PayPal are relatively low. Usually the maximum amount is £5500. For comparison, if you use Visa or MasterCards, you can deposit up to £99,000, depending on the casino.

Fees for Transactions with PayPal

One of main reasons for PayPal’s popularity is the fact that they don’t charge you to deposit money from your bank account into your PayPal or vice-versa. Most PayPal casinos don’t charge you additional fees when you deposit money via PayPal and play with them, nor do they charge you when you gain money and get them into your PayPal account. Of course, the additional fees depend on your bank and the laws and regulations in the particular country when it comes to online casino games. The important thing is that you won’t have additional costs with PayPal, let alone that your transactions will be as safe as possible. From the casinos that we’ve mentioned, 888 Casino has no fees on deposit and withdrawal via PayPal, so it’s a great options for thos players who want to use this particular payment service.