Established in 1998, PayPal is now the world’s largest electronic wallet service. It has over 100 million members and can be used in 190 different countries. To put it simply, PayPal (PP for short) is an electronic money transfer platform. Depending on your membership level, you can send some amount to any person you want. Likewise, it is possible to get money too. All you need to transfer the money is an email address. So even if the recipient is not a member of PayPal, you can still send him money. However, in order to be able to withdraw it, he has to become a member of the system. PP also has a debit card option: By using this, you can use your PayPal account to make purchases from physical stores or even withdraw cash from ATMs.
You need to add a credit card or bank account to your PP account in order to transfer money. You can deposit money to your account with any of these methods. However, you do not need to add anything in order to withdraw the incoming transactions: As we mentioned above, you can use any ATM with the debit card. However, if you wish, you can still transfer the money to your bank account or credit card that you have saved in the system for this purpose. We especially mention this because you can use PayPal to withdraw your winnings as much as you can make a deposit into an online casino.
Using PayPal in Online Casinos
The online gambling industry attaches particular importance to electronic wallet services as it is known. The reason for this is due to the various advantages we will list below. The most popular of electronic wallet services is PayPal. Although there are other competitors such as Skrill, Neteller, and Paysafe, PayPal is the largest and most successful company in this sector. For this reason, it is possible to see this option at almost all online casinos.
To use PayPal as a payment/withdrawal method, you must first create an account. You can easily do this as by using the official website. Only basic information (name, address, phone number, and email address) is required during the registration. Once the account has been created, we recommend that you add a bank account or credit card into it. Otherwise, you cannot use PayPal to send money. At this stage, you do not need to make a deposit in PP. Even if your account balance is zero, you can still send money with your attached credit card/bank account. Likewise, we recommend that you also ask for a debit card for withdrawals. Your card will be mailed to you within a few weeks.
After this stage, log in to your online casino account. From your account page, select “send money”. Among the methods listed, you need to choose PayPal. You will see the email address of the recipient (i.e. the casino). Switch to your PayPal account and send the amount you want to this email address. If nothing goes wrong, you will see the money in your account in just a few minutes. You’ll need to do similar things to withdraw it, but this time you will give your own email address to the casino.
Fees and Commissions
Contrary to popular belief, PayPal is not a commission-free method. Whether you are sending or receiving, there are some commissions. If we show them in a list:
|Opening an account||Free|
|Sending Money||By using PayPal funds: Free
By using a credit card or bank account: %2.9 + 0.30 USD
|Receiving Money||Free, unless the recipient accepted to cover the costs|
|Withdrawing Money||To bank account: Free
To credit card/debit card: 0.25 USD
Withdrawal from ATM’s: Different for each country
To make a deposit to online casinos, we recommend that you use the funds in your PayPal account. You will be saved from paying commissions by doing this. So first make a deposit to PayPal using your credit card or bank account. Then, finalize your payment with this money. You do not have to do anything special to withdraw money. If your casino does not claim a commission, this transaction will be free.
The processing time is instantaneous, that is, completed in a few minutes. However, in some cases, 24-hour delays can occur. If the transaction is still not complete after 24 hours, please inform casino customer service, they will help you.
PayPal Bonuses for Online Slots
In order to play in no download slot machines, you need to deposit money to the casino as you know. Although you have free to play options, you have to use real money for casino games at some point. If you use PP for this, you can get various bonuses. Among them, the cash bonus comes first. This promotion is usually called “10% PayPal Bonus”. If you use PP to make a deposit during the campaign’s lifetime, you earn 10% extra. For example, if you deposit $ 100, you can play with $ 110. The casino gifts you 10% of your transaction. These promotions are limited to a certain period of time, so we recommend you to use our website to be aware of all of them.
Another special bonus for slot machines is the free spins promotion. As with the cash bonus, if you use PP while depositing, you can win a certain number of free spins to use in slot games. In some cases, this number can be up to 200. You can use your rights in any game. However, it is often limited to a certain slot machine. Apart from these, there are no special PayPal bonuses for online slot games.
PayPal Free Bonuses for Online Casinos
Whether you are in the UK or elsewhere in the world, PP offers you some advantages in online casinos. If we give examples to some of them:
- Welcome Bonus / Deposit Bonus: A special promotion for first time members. In this campaign, the casinos match the money you deposit with a certain ratio. For this reason, it is also referred to as match bonus. This ratio is usually 100%, but it is possible to see that it goes up to 300%. As an example, if you deposit $ 100 with a 100% bonus, the casino will give you $ 100 more. In other words, your account will be credited for $ 200. You can use PP to take advantage of this bonus. But beware of the upper limit: The amount of money you can get as a gift has a certain limit.
- Free Spins Bonus: Most casinos present a certain number of free spinning rights for your deposits. This bonus is usually included in the welcome bonus promotion. Regardless of the example above, you can use any deposit method to take advantage of this promotion. However, if you use PP, it is possible to get additional free spins.
The coverage of all these campaigns changes regularly. You can use our website to find the most advantageous bonuses for you.
Advantages of Using PayPal
Using PP, you can get many advantages. Here are some examples:
- Secure Payments. You do not need to share your credit card number or bank account information if you prefer to use PP. Because they are already registered on your account. In this respect, it is possible to say that it is much more reliable and secure than other methods. You are not using the casino’s system to make payments, you are using the infrastructure of PP. So the casino cannot see or record your financial information.
- Ease of Use. All you need to remember is your PP password. You do not have to memorize your credit card number. You can pay or withdraw money just by entering your password. You do not even have to use the web site, you can do everything you want with mobile software.
- Open to Disputes. If you experience a problem, you can contact PP customer service. If you make a mistake, most of your actions can be canceled. There is an authority you can use to report problems you may experience, or even ask for charge back requests.
- Lower Commissions. You do not pay commissions when you withdraw money. The commissions you pay when sending money are lower than the credit card and bank account options. If you manage to find a special campaign, you pay no fee even for deposits.
However, of course, PP also has some disadvantages. The most important ones are:
- Not Available Everywhere. Although the casinos accept PP, the country you live in may have forbidden this service. Especially, most countries in the Middle East are having this problem.
- Random Audits. The PP examines the money transfers in high quantities and can freeze an account for a long time without showing any reason. If you experience such a problem, you cannot use the money in your account.
- Governments Know. PP shares all information with government and tax offices. So you have to pay taxes for the money in your account.
How to Find Casinos That Accept PayPal
It is not hard to find casinos that accept PP, as we have mentioned above, almost every website offers this option. Of course, you can use our website too to see a list of these places as always. For this reason, the important thing is to find reliable and prestigious casinos using PP. Having PP support does not mean that a casino is reliable.
For that, our professional team is ready to help you. Our team members, who have dozens of years of experience in the industry, become members of online casinos and test all the features. We rate all casinos according to their reliability, game variety, quality of customer service, and ease of use. We recommend you only the places that have received a full score from each test. Using our regularly updated website, you can learn the best quality and most reliable casinos that provide PP support. Do not forget to visit us frequently, our reviews are constantly being refreshed. and we are evaluating a different casino every day.