Find the Best PayPal Casino Sites in the UK
PayPal’s dominance in the online money transfer market is nothing new. The American e-wallet provider rode the wave of eBay’s success as its main payment method before becoming wholly owned by the auction site in 2002. Anyone wanting to move money around online knows PayPal. The payment method is used by more than 20 million customers in the UK every year, many of whom are in the online casino industry. PayPal casino sites provide users with a handy and popular solution for depositing funds and cashing out winnings. Let’s take a closer look.
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There are several important factors to consider when selecting a payment method for all your online casino incomings and outgoings. Deciding on the best way to handle your online casino bankroll can be a little complicated. There are pros and cons to every method, and it really depends on how often, how quickly, or how much you will be depositing and withdrawing from your online casino PayPal account.
The Online Casinos that Accept PayPal
PayPal is widely accepted throughout the UK online casino industry. The strength and popularity of the brand alone is enough encouragement for casino operators to offer deposits and withdrawals through the number one e-wallet in the country. However, just because PayPal is a big-name brand doesn’t mean it doesn’t offer a wealth of attractive incentives to its users. Immediate payments, buyer protection, and no fees on deposits have taken PayPal to the top of the pile for a reason.
- The Pros and Cons of PayPal at a Glance:
- Deposits and withdrawals processed within 24 hours
- Deposits from £10 depending on the operator
- Excellent security with buyer and seller protection
- UK Bank account must be linked to PayPal
Online casinos that accept PayPal as a payment method are farily common in the UK – but not a given. More and more gaming sites opt to include this payment method in their offer, though it’s sometimes a hit or miss – even among new casino sites, PayPal won’t necessarily be a universally accepted method. But things are lookin’ up. If accessing all your favourite casinos games online is the modern way to play, then using an e-wallet to manage your bankroll is the modern way to pay. Setting up an account is quick and easy. The whole process takes around five minutes and requires entering a few personal details before linking your regular bank account to your new PayPal account.
Are there any Special Bonuses for Using PayPal?
Not content with the benefits of using PayPal as a payment method outlined above, some players require a little extra push to make the jump to an e-wallet. Several top online PayPal casino sites offer extra bonuses for deposits. Social media and the viral nature of the internet these days has almost killed the bonus code, but you can still find them. 888 Casino offers up to £30 extra on first deposits through e-wallets with a promo code. Others, such as EuroGrand, boost PayPal deposits by 15% every time you use the method to bump up your balance.
You will need to top up your PayPal account using a credit or debit card, a bank transfer or a local bank payment before you can move the funds across to your online casino account. As with any casino freebie, an online casino PayPal deposit bonus will be subject to wagering requirements similar that of a regular welcome bonus. For more information on wagering requirements, take a look at our round-up of the best online casinos bonuses in the UK.
How Safe is PayPal as a Payment Method?
You don’t reach the top of the online payment industry without putting in some sturdy protection for your customers, and PayPal has evolved into one of the safest e-wallets in the world. In the UK, the payment provider offers several safeguards for both buyers and sellers. As a PayPal casino customer, your deposits will be protected and refunded in the event of any technical issues. PayPal also uses SSL encryption to secure all your private data, and never shares any financial information with any other party.
- Company:PayPal Inc.
- Founded In:1998
- Address:S.C.A., Boulevard Royal, Luxembourg
- Telephone:0800 358 7911
- Community Help Forum:Yes
- General Payments:Free
- Deposits by Card: 3.4% + 20p
- Money Transfers:3.4% + 20p
As a large, successful multi-national payment specialist, PayPal security is comparable to that of any major high-street bank. The company process 25 currencies from 202 countries, and because it’s so global, every transaction is monitored, 24/7.
Depositing by PayPal on Mobile is Safe & Easy
PayPal’s immediate deposit execution makes it an excellent option for mobile payments. Players using one the the best online casino apps to do their gaming can withdraw and deposit on the move, hassle-free, thanks to this payment method’s flexibility. Deposits made via PayPal must be confirmed through its website. Fortunately, this can also be done via dedicated Android or iOS apps. Both mobile and desktop versions are simple to use and offer the kind of freedom modern day casino players should really be insisting on.
What Are the Withdrawal Limits for PayPal?
Once you land a nice jackpot or have steadily built your bankroll to a reasonable sum, you’ll likely be looking to cash out some of your winnings. Withdrawals via PayPal vary depending on the casino’s own rules and restrictions. Various names in the industry offer withdrawals within 24 hours of request. Elsewhere, it can take between one and four days to get your hands on the cash.
Withdrawal limits also vary. Expect to be asked to cash out a minimum of between £5 and £20, with an upper limit somewhere around the £5,000 mark although often beyond. The good news is that deposit and withdrawal fees for PayPal transactions are almost a thing of the past, and we’ve rarely come across fees on the casino side in recent years.
Conclusion: One of the Best Payment Methods
The mostly-used e-wallet in the world is top of the pile for good reason. PayPal is the fastest, safest and most flexible method of managing your online casino bankroll. Newcomers to the PayPal world can get on board with little fuss, and veterans of the online money kings will enjoy the smooth transition when using PayPal as a primary payment method at a top online casino in the UK.