PayPal Banking Method at Casinos: Deposit and Withdrawal
PayPal is one of the most trusted and reliable casino banking methods, popular in many countries. This online payment system is operated by PayPal Pty Limited. Since it is used by millions of players to make payments online on different platforms, needless to say, it is one of the biggest and most popular e-wallets in the market.
It is also one of the most favoured transaction methods at online betting sites. A PayPal account would be in your best interest if you want to start playing at online casinos. If you aren’t a registered PayPal user, then here are the basics of how to start it.
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PROS & CONS OF USING PAYPAL AT ONLINE CASINOS
PROS
- Uncomplicated process to set up an account
- Can be used to deposit and withdraw money from online casinos
- PayPal is an accepted banking method for many online platforms
- Works on desktop and mobile devices
CONS
- Hidden fees for transactions of bigger sums
- In case of any possible fraud, customer accounts can be frozen temporally
WHAT IS PAYPAL?
This payment method is available at most of the best online casinos recommended by Casino Informant. While it imposes restrictions in some countries, this banking method still remains a major choice for online casino players. So, if you see that an online casino offers this payment option, you can rest assured it’s is a top-notch iGaming site.
SET UP A PAYPAL ACCOUNT
1
Sign Up
Click the blue ‘Sign Up’ button at the upper-right corner of the homepage.
2
Select Account
Choose which account type you want (business or personal).
3
Add Your Details
Provide your basic personal information such as phone number, email address, and password.
4
Login
Log in to your new account and link it with your debit or credit card. There is an option to link your bank account to your e-wallet if you prefer.
HOW PAYPAL WORKS AT ONLINE CASINO SITES
Once you become a registered user, you can use PayPal at online casinos. As this method works as a separate checking account, don’t forget to add some money to your PayPal account first. That way, you will be able to use this banking method at online casinos.
An unbeatable advantage of using PayPal is that all money transactions are processed immediately. Also, players are eligible to claim Welcome Bonuses or free spins for their favourite online pokies if they use PayPal to make deposits – nothing changes on that front.
PAYPAL CASINO DEPOSITS
As briefly anticipated, making deposits using PayPal is an easy and uncomplicated process, even if you have never done it before. If you already have a player account at an online casino and you are a registered PayPal user, then your transfers will be done in a few clicks.
- Firstly, make sure that there are funds in your PayPal account.
- Then, log in to your casino player account and choose PayPal as the preferred banking method.
- Go to the Deposit section. Indicate the amount you want to deposit, double-check that PayPal is chosen as your payment method
- Finally, confirm the transaction
Tip: If a promo code is needed to claim an offered Welcome Bonus, don’t forget to provide it before you confirm the deposit.
Usually, PayPal transactions are processed immediately, so you can start playing your favorite casino games or pokies. If there are some issues, contact the live agents of an online casino or reach out to PayPal Customer Service.
PAYPAL CASINO WITHDRAWALS
PayPal can also be used to make withdrawals and it ensures a seamless process for players. The practice shows that the majority of players tend to use the same banking method for both deposits and withdrawals.
Before starting a process to confirm your withdrawals, be sure you met the wagering requirements and made yourself familiar with T&C to avoid any issues. If all these official things are done, then it’s time to cash out your winning!
- Go to the section of withdrawals that should be found in a personal player account.
- Choose PayPal as the main withdrawal method from the list of all possible banking methods. You will be asked to provide the amount of withdrawal and go through the verification process so the online casino could confirm it’s you cashing out the real money winnings.
- Once the withdrawal details are entered and verification is done, the transaction will go into processing.
The exact period of processing depends on every casino, but usually, the amount is credited to the PayPal e-wallet within 24 hours or less.
TIPS FOR USING PAYPAL ONLINE
Making deposits and withdrawals when you have a registered PayPal account is very easy. Also, the mobile version of the method is simple and allows you to fund your player account anytime. While online casinos that accept this online payment system aren’t as many as before, it is still a secure banking option when available. However, we still want to share a few tips with you:
- Make sure you can use it as an online betting deposit and withdrawal method from your country.
- Take note of the transaction limits set and how to increase them.
- Always read the T&C applied to your country of residence.
- Your accounts need to be activated and your e-wallet must be funded to work properly.
PAYPAL SUPPORT FOR AUSSIE PLAYERS
PayPal is very reliable and users very rarely experience real issues. However, if something happens or you have any doubts, check out the official website – there, you can find an extremely detailed list of FAQs that includes videos on how to solve problems.
If you can’t find the perfect answer, then registered users are offered to access the “Community Forum”, where you can chat with other users and find a solution. Also, there is a live chat, a phone line, and an email form to reach out to the customer service that works 24/7.