What is PayPal?
PayPal is a digital wallet that lets individuals and businesses make and receive payments online. That can be for online shopping, eBay auctions, transferring funds to friends and family or in our case, depositing and withdrawing money to and from an online casino.
Founded in 1998, there are over 250 million users around the globe who use PayPal to make payments both at home and internationally. It’s quick, it’s safe and it’s very easy to use either via the PayPal website or by the app. It’s fully optimised for mobile use too making it a great choice if you’re on the move.
How do I open a PayPal Account?
Setting up a PayPal account is very straightforward. To begin, all you’ll need is an email address.
- Visit PayPal.com then select Personal Account.
- Fill in your first name, surname and email address then choose a password.
- Confirm the password then click on Next.
- On this screen fill in your personal details. That’s your address, date of birth and nationality.
- Read the agreements, tick the box, then click on Agree to open your account.
- You should then receive a verification email. Click on that and you’re good to go.
Is PayPal safe?
PayPal is the best-known and most-used money wallet in the world and for good reason. All transactions are protected using advanced encryption technology and monitored to prevent fraud, phishing emails and identity theft.
The beauty of using PayPal when signing up with an online casino is that you don’t have to provide your bank or card details again. Your banking information doesn’t go to the online casino, the payment is made using the PayPal account details.
If you wish, you can add 2-step verification. Once activated, PayPal sends a unique, random 6-digit access code each time you try to log in. This can be via a text message or an authenticator app like Google Authenticator. Then just enter this code to access your account.
In the unlikely event that you run into difficulties, the PayPal website has an extensive help section. There’s also a contact centre which is open 24 hours a day, 7 days a week, 365 days a year. There’s a great selection of UK online casinos that accept PayPal that are regulated by the UK Gambling Commission.
Is there a fee to use PayPal?
Unless the transaction includes a currency conversion (which is highly unlikely in the case of a UK PayPal casino), there are no fees levied. Charges are paid by the merchant rather than the individual payee.
When it comes to online casinos, that means you might face a charge when it comes to making a PayPal withdrawal. This varies on a casino by casino basis so be sure to check out the banking part of the casino’s FAQs section.
Does PayPal require a bank account?
All you need to set up a PayPal account is an email address. If you want to get money to and from an online casino, then you’ll need to add card or bank details.
How do I link my bank account to PayPal?
Linking your card and account information to your PayPal account is easy:
- Head to the Wallet section of your account.
- Click on Add a Card or Bank Account.
- Fill in the details as requested.
Linking your bank account makes it quicker and easier to make transactions. You won’t need your wallet, card numbers or personal details when you want to make a deposit. All that’s required is your email address and PayPal password. The online casino you’re depositing too won’t see your bank or card numbers either.
How do I make a deposit at a PayPal casino?
First pick which online casino site you want to play at. There’s a cracking selection to choose from. After you’ve signed up at the new casino, created your account and confirmed who you are, you’ll then have to make a deposit.
In the cashier tab, you’ll usually find an option to deposit using PayPal. Choose that then type how much you want to deposit. You’ll then be taken to a new PayPal screen. Fill in your email and password details and then hit confirm. The transaction will then take place and the money will be sitting in your online casino account in the blink of an eye. If you use PayPal to deposit, you’ll usually have to use it to make a withdrawal.
Which online casinos use PayPal?
Some of the UK’s biggest names are PayPal deposit casinos. They include the likes of Paddy Power Casino, Mr Green Casino, Grosvenor Casino, bgo Casino and LeoVegas Casino. There are currently over 100 different UK online casinos that accept PayPal deposits (and withdrawals).
What shows up on my bank statement when I use PayPal?
If you make a deposit using PayPal, you won’t see the name of the online casino on your bank statement. Instead, you’ll see ‘PayPal Payment’. You can keep tabs of all recent transactions by logging into your PayPal account.
Can I use PayPal to claim a casino welcome bonus?
Dig deep into the terms and conditions of an online casino’s welcome bonus and you’ll often find the dreaded phrase “This offer isn’t open to money wallets Skrill and Neteller”. We’re happy to report that that’s not usually the case with PayPal.
You will be able to take advantage of most welcome bonus and free spin packages if you make a first deposit using PayPal. Be sure to check the T&Cs though.