PayPal Online Casino UK Payment Method
PayPal is a debit payment system, operating in over 200 countries. Currently, it supports 25 national currencies, and has 325 million registered users. This payment system is considered the most popular in the world. The service is widely popular in the United Kingdom due to its easy account and card management. Additionally, many people appreciate that the company does not charge high fees on payments, so winnings are almost fully credited to the player's card.
Our resource offers a selection of the online casino sites that accept PayPal. The ranking includes the most popular gambling platforms in the United Kingdom.
Why Use PayPal for Online Casino Payments
PayPal is the largest electronic payment system founded back in 1998, with the value of shares that has exceeded the once parent company eBay. It is the most popular way to make electronic payments in America and Europe due to its convenience and multifunctionality.
Any UK resident can open an account. To do this, you need to have a phone number and e-mail. To unlock all the functions offered by PayPal, you will need a card of any bank and passport/ID scans.
It is not difficult to find an online casino that accepts PayPal. All gambling establishments operating in Europe have this method of depositing and withdrawing funds. Online casinos with PayPal mostly charge a fee for replenishing an account, since payment for gambling services is not an online purchase for this system. The system allows you to transfer funds to accounts for free only for the purchase of goods and payment for services.
All PayPal users are divided into three types of members:
- Anonymous. This client has not provided personal data or attached a card. They can make very limited transactions, but these funds cannot be withdrawn, although the option to pay for services and goods will remain available.
- Personalized client. Issued after entering personal data and linking a bank account or card. Such users will be able to withdraw funds.
- Verified. This status is assigned to users who have confirmed their personal data. They have the maximum limits and an opportunity to retrieve funds.
To link a bank card, enter the card details in a special form, after which funds will be transferred to the account in PayPal. The procedure is completed after entering the verification code on the PP official website.
Despite the possibility of linking, customers will not be able to withdraw money directly to the card. Funds from a PayPal account can be cashed out only through a bank account. However, you can find instructions on how to set up a withdrawal through a bank account so that funds are transferred to the card.
Still, even several disadvantages do not encourage players to abandon the top PayPal casinos online. The reason is the high level of security and ease of use. PayPal is still included in the payment methods of any major digital stores: eBay, AliExpress, Amazon, etc. Besides, all UK online casinos have this name on their list.
Pros & Cons of Paypal Payment Methods
PayPal is one of the fastest ways to make transactions on the Internet. Most of the top online casinos in the UK offer withdrawals within a few hours, and some send money immediately after the approval of the created withdrawal request. There are no problems or errors on the part of the electronic payment system when making deposits in casinos.
When using an online casino with PayPal, you should know that the company received a license from a non-bank credit organization, which obliges PP to regularly transfer information about the accounts. Thanks to this license, withdrawals from PayPal to a bank account will never cause unreasonable suspicion on the part of banks or the Federal Tax Service if the relevant taxes have been paid by the customer. Anyway, there are more benefits and drawbacks for gamblers to consider.
How Do We Pick the Best PayPal Casinos?
To select only reliable PayPal casino sites that always keep their promises, we focus on the following criteria:
- Access for UK players. Some casinos may be blocked in the United Kingdom. Some of them are available via VPN, proxy, or other methods of blocking. However, we highly recommend playing only at those websites that are officially accessible in the UK.
- License. Honest casinos are required to obtain operating permits from regulatory authorities and independent certification agencies.
- The range of games. The more titles in the gaming lobby, the more interesting. However, we take into account not only the number but also the convenience of finding the right game and diversity of genres and themes. Of course, we take a look at software providers.
- Reputation. Real player reviews and feedback often provide more information than the official terms and conditions on casino websites.
- Bonuses & offers. We pay attention to the amount of rewards, as well as the rules for their payment and wagering conditions. This allows you to get detailed information about the use of bonus funds.
We also track the speed of PayPal transfers, data protection, client care service, and more.
How to Deposit And Withdraw with PayPal
Registration in the system is the starting point once you decide to have a PayPal account. Any gambler from the UK can create an account on the official PayPal website and replenish the game balance or withdraw winnings from the casino. To register, you need to follow simple instructions. Also, to detect the best online casino that accepts PayPal, find the lowest and highest limits below.
How to Deposit to an Online Casino with PayPal
You can replenish your casino account using PayPal in just a few steps. To do this, do the following:
- Open the Cashier or Wallet tab.
- Select PayPal from the available payment methods.
- Specify the amount of payment.
- Select the card from which the payment will be made.
- Verify your PayPal account.
- Confirm the transaction.
Before making a deposit using PayPal, please read the current transaction limits. When using PayPal, the minimum deposit is 5 GBP while the highest deposit sum can be unlimited. When replenishing the account, it is important to take into account the existing fees, including currency conversion.
How to Withdraw from an Online Casino with PayPal
When you use PayPal at an online casino, you can quickly withdraw money to a bank card or account linked to your PayPal. The withdrawal procedure is quick and easy if you follow these steps:
- Select PayPal from the available payment methods.
- Specify the payment amount.
- Choose which card or wallet the payment will be credited to.
- Confirm the transaction.
- Wait for the funds to be credited.
In addition to the limits on deposits with PayPal cards, users should also take into account the limits on withdrawals. In most gambling clubs, the minimum withdrawal amount is 1 GBP, and the maximum is 40,000 GBP, as a rule. A commission is also provided for all transactions. In a casino with a PayPal withdrawal, payment processing takes up to 24 hours, but, most often, the money is credited instantly.
PayPal Currencies & Fees
Online casino PayPal supports more than 25 national currencies. This allows players to use pounds, the US dollar, the euro, or other currencies to make a deposit. An auto-currency conversion is also provided, with a commission of 2.5% of the transaction amount. Conversion in PayPal casino is applied if the account currency does not match the currency of the bank card or e-wallet. In this case, the amount of the deposit will be changed to account for the commission.
The exact fee amount is set by each PayPal casino. It is displayed immediately during the processing of the transaction. The player can find out more about the payment fees by contacting the casino support service or the payment system. However, transfers from one PayPal wallet to another are free of charge.
How Fast Will You Deposit & Receive Your Funds?
Speed of transactions in casinos with PayPal is one of the factors our experts tested themselves. The payment service transfers money as quickly as possible. Usually, it takes only a few minutes to replenish a casino PayPal deposit. The situation is different when it comes to withdrawing money. Although the time for crediting from the institution to the user's account does not change, processing is slower. Gamblers can receive money within a few hours or days.
Protection of Personal Data & PayPal Security
Members of online gambling clubs do not have to worry about the security of using this payment system. Any casino with a PayPal deposit guarantees the protection of personal data and account. The system has two-factor authentication, which significantly reduces the likelihood of confidential information getting to fraudsters. In addition, PayPal Purchase Protection provides encryption of information about the payer through SSL technology. All information is stored on the server, which has one of the best protection against hackers.
Alternatives to PayPal Casino Deposit
In separate cases, PayPal might not be the best solution for a casino player. For instance, they are not happy with the withdrawal speed or fees.
Payoneer is an American payment platform that has been operating since 2015. Its parent currency is the US dollar. The company is a MasterCard provider that simplifies transactions between system participants. MasterCard includes more than 22,000 financial institutions. It is possible to order a physical or virtual card. In case of players from the UK online casinos, their option is British pounds to exchange funds with the UK via BACS/FPS (British domestic payment systems - Mind). Those gamblers who serve as freelancers (e.g., copywriters, designers, developers, etc.) will benefit from this payment option.
Skrill has become one of PayPal's main competitors, and that's just in the last few years. Using Skrill, you can accept payments from 200 countries and in 40 currencies. The best feature of this service is its commissions: you pay only 1% for all the money you send. Except that the quality of the user support service can be improved, other drawbacks are not that noticeable. The fraud protection system is painfully similar to that of PayPal. At Skrill, the commission depends on the type of account. For VIP clients who operate with funds from 15,000 to 90,000 euros, the fees are much lower.
Wise (a.k.a. TransferWise) is known for its low fees. While most banks, payment facilities, and exchange platforms can charge up to 5% of the amount as hidden fees when transferring money abroad, transferring on popular currency routes with Wise becomes 8 times cheaper. You can save 5-10% of your money if you prefer Wise over other payment methods.
Freelancers and players who work with the system just need to register and send their client a payment request with their bank details to get paid. The client will pay the request from their credit card. Working with Wise is beneficial for both parties: the sender of the payment pays a very small commission, which depends on the country and currency, but usually does not exceed 1% of the amount, and the recipient quickly receives the money to their bank account.
Payseea is a Lithuanian fintech company that provides electronic payment services worldwide. Paysera has more than 700,000 customers. In 2021, customers made more than 6 million transfers in 20 currencies totaling €6.52 billion. The major currency of the service is the euro. The company's clients include IT specialists working with customers in Europe and online casino players and bettors. The personal IBAN generated by the system belongs to the European SEPA zone.
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Verdict
A casino with PayPal payment has a significant advantage over other gambling establishments, since this payment system is used by banks, financial institutions, and gamblers. It is quite popular because of the security of transfers and the speed of processing requests. Paying in online casinos via PayPal is very simple. It is enough to make a request at the club's cashier and confirm the transfer. To pick the right platform with this payment method, read our expert reviews.
FAQ
Yes, it is a legal payment method with secure payments and strong encryption.
Check the terms and conditions or your personal account at a particular casino. Some casinos only accept deposits via PayPal and withdraw winnings to bank cards only. The standard transfer to your bank typically completes in a single business day (up to five days at maximum).
You just need to look for online casinos that not only accept PayPal but have rewards for topping up accounts using this payment system.
Yes, the payment system has its own mobile applications. This allows you to make a quick withdrawal of money to PayPal from online casinos in the UK.
You can find their reviews on our website. Some of the names include Highbet Casino, Casino Kings, Royal Valley, Bet MGM, Mr. Vegas, and more.
The Site does not offer gambling services but provides information about online casinos and gambling-related activities. Users are encouraged to review the responsible gambling policies of the casinos they visit, as well as our Responsible Gambling Policy, for guidance and resources to ensure safe gambling practices.
