PayPal Casinos in The UK
PayPal is likely the world’s most trusted and used third-party payment service. They let you make instant transfers to online casinos, usually without fees. You store your debit card, credit card or bank information in your Paypal account, and they act as your go-between. Simply put: They fund the transactions. They pay the vendor/casino, you pay them.
Depositing and withdrawing money from your casino works exactly the same way as making payments to any online outlet. You remain anonymous throughout the entire process. None of your banking information is ever shared with the online casino.
Below is the full lowdown on how to sign up, deposit and withdraw funds via the service. Already have your PayPal account? Here is our comprehensive list of all the latest UK casinos that support PayPal.
New PayPal Casinos
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| Company Name: PayPal Holdings, Inc|
Company Name in the UK: PayPal Holdings, Inc
Slogan: PayPal is the faster, safer way to send money, make an online payment, receive money or set up a merchant account
E-mail: [email protected]
Supervised by: Luxembourg’s banking supervisory authority EU / Regulated by Money Service Business in all the states in America
Transaction Time: Instant
Min Transaction: 0 GBP
Deposit Fee: 0 GBP casinos might charge a fee
| Established: 1999|
Established in the UK: 1999
Address: Paypal Headquarters 12312 Port Grace Blvd. La Vista, NE 68128
Phone Number: 1-408-376-7400
Company Number: B 118 349
Security: Buyer Protection reimbursement and Next Level encryption to protect user credentials
Max Transaction: 10 000 USD
Withdrawal Fee: 0 GBP casinos might charge a fee
Benefits of Using PayPal
There are many advantages to using an established online payments provider like PayPal to deposit and withdraw from your casino account. Benefits such as:
- Instant transfers
- Protected identity
- Global presence
- Advanced security
Let’s now take a look at those points in a little more detail:
With PayPal, you can get an instant transfer of funds to any online casino with a PayPal account without fees.
This speed is a major advantage over some of the more traditional, slower payment methods which are used. This equals more time playing your favourite slots and less time on payments admin.
Because none of your banking information is ever shared with the actual online casino, you remain anonymous for the entire process.
However, don’t forget that you might need to get checked and verified by the casino in order to deposit and withdraw large amounts in the future.
PayPal is one of the most popular online payment methods in the world and used in over 200 markets globally.
There’s a very good chance of finding an online casino that accepts it for deposits and withdrawals.
PayPal has acquired several companies over the years for no other reason than to make their service more secure. They are also held to some of the highest level of security because of their European banking license.
Negatives of Using PayPal
Despite the numerous advantages mentioned above, there are some occasional downsides to using this provider as your payment provider of choice. Some of the negatives can be:
- Not accepted at all casinos
- Delayed bank withdrawals
- Verification delays
Let’s take a look at these potential issues in a little more detail:
PayPal Casino Acceptance
Despite being a massive global player for online payments, the service is not accepted in as many online casinos as other online payment methods.
Delayed Bank Withdrawals
One your funds are in your account it can take between 1 and 3 days to withdraw your funds from your PayPal account to your bank account.
If you don’t already have one, you need to register as it can take up to a week to verify and link a card with a PayPal account.
Therefore, plan ahead and factor in this gap if you’re thinking of using the service for your online casino payments in the future. You can still use the service after registration but you won’t be able to get the funds back to your actual bank account until it’s verified.
How to Open a PayPal Account
The process of signing up and opening an account is a fairly simple process. Let us take a look it at step by step:
Step 1 – Website or PayPal App
You can create an account from the homepage or from the mobile app. The app is available to install for free from your device’s app store.
The account creation process is similar for either method.
Step 2 – Pick a Password
Click on Sign Up to kick of the account opening process. If you’re going to be using the service as a regular casino customer then opting for the ‘standard’ account if fine.
The account is free for users but may charge fees for some transactions or currency conversions.
Step 3 – Verify Email
After clicking “sign up”, you’ll need to enter your email address and a password to kick things off.
Once you’ve done that you’ll receive an email with a link to click as verification. It’s best to check your inbox now and click that to make the rest of the process smooth.
Step 4 – Enter Personal Details
Now it’s time to enter your details – legal name – address – phone number – to create your new account.
Step 5 – Credit / Debit Cards
At this point, you can enter the details of a credit or debit card to link this to your new PayPal account. This allows you to add funds into your account or use it to pay for stuff online easily.
If you don’t want to do that right away you can skip this and move to the next step.
Step 6 – Enter Bank Details
If you want to withdraw casino funds and then transfer them into your personal bank account, you’ll need to link that now.
The details needed will vary for each country and account type so just follow the onscreen instructions to complete this step. Again, you can skip this step and add an account later if you don’t have the details handy.
And that’s it, you should have yourself one brand new PayPal account to use for payments and withdrawals at any number of online casinos.
How to Make a Deposit with PayPal
Depositing at an online casino is nice and simple with PayPal. Here’s our step by step guide on how to deposit your funds:
Step 1 – Signup and Login
If you’re not already signed up to an online casino which accepts deposits via PayPal then check out our list above and select one.
Go through the account signup process or if you’re an existing customer, simply log in.
Step 2 – Select PayPal and Amount
In your online casino select this as your chosen payment method and enter the amount that you want to deposit.
You need to already have or go make, an account to proceed. Follow the steps above on opening an account to help you out here
Step 3 – PayPal Sign In
Next, the online casino will ask you for your account email address and password. Enter these and click to confirm the payment.
Step 4 – Payment
If you have the money that you are depositing in your account, then it will be deposited instantly after you confirm the deposit.
Alternatively, PayPal will take the money from your linked account or card. The transaction will still be instant if you have already linked them.
Step 5 – Check Bankroll
Finally, check your casino bankroll to confirm that the funds have been deposited and are showing in your account.
And that’s it for making a deposit via PayPal at an online casino.
How to Make a Withdrawal With PayPal
Withdrawing is done in a similar way to depositing at any UK online casino which accepts it.
Here’s a step by step guide on withdrawals assuming you already have a PayPal account:
Step 1 – Select PayPal Withdrawal
Find the PayPal icon in the withdrawal section of your online casino and enter the amount.
Step 2 – Login
Then you log into your PayPal account, with your email address and your password, to confirm the withdrawal.
Step 3 – Withdraw
The withdrawal should also be instant, but it depends on how long the casino takes to process your withdrawal request.
Getting money for your account to your bank account normally take between 1 – 3 business days, and you need to have a linked account to withdraw.
Requirements of Using PayPal
What do you need to start using this service to withdraw and deposit from your online casino accounts? Let’s take a look through the requirements now:
Take a look at the section above on how to open an account and get set up with online payments via this service.
This service is not a bank account itself, you’ll still need an account to link it to if you want to withdraw and deposit cold hard cash in the future.
Moving funds from your PayPal account to a bank account is as simple as one click, but only once you’ve linked and verified one. There are more details on how to do this in the step by step guide above.
Credit / Debit Card
In order to make payments via the service, you’ll need to link a debit or credit card to the account. This will make depositing funds into an online casino account from your card very simple indeed.
In this case, PayPal is acting as an additional layer of security between your cards and the online casino.
Although not currently essential, it’s good to have the official PayPal app installed and active on your devices.
This way you can check on the status of your accounts and track what’s incoming or outgoing with ease.
Main Markets and Currencies
PayPal is used all over the world. They operate in 202 markets and have 188 million active, registered accounts. Worldwide, PayPal supports 25 currencies. Countries not supported include Ghana, Turkey, Pakistan, Iraq, Afghanistan, and they conform to the US economic sanction list.
PayPal is a common method of payment in e-commerce. For example, in 2002 over 70% of eBay auctions accepted PayPal and one in four transactions were made with the service. There are lots of new online casinos that offer PayPal as a payment method, and the security, ease of use, and familiarity of this payment method have made it a favourite among players. You can give depositing with PayPal a try at Jackpot Joy.
Area of Use
The company we know as PayPal was established in 1999; when it was launched by parent company Confinity. Confinity merged with X.com an online payment company then headed by the billionaire, Elon Musk. They were probably the first company to make a splash in the untapped market of online payments. They used their first-mover advantage well, growing rapidly until they were purchased by eBay in 2002. eBay spun PayPal off into its own company in 2014. The very same year they processed approximately $228 billion USD.
PayPal is used to pay for goods, services, and commodities in markets all around the world. Sending money from one PayPal account to another is entirely free. It is especially popular with e-commerce because the fees are paid by the merchant, not the customer. This has made the platform a massive success in the retail market. You can buy everything from a meal at a restaurant to an around the world flight with PayPal.