Deposit with Paypal to play slots at online casinos in 2021

PayPal withdrawals are among the safest and simplest ways to cash out your winning from any online casino. The online payment system is very particular with online casinos that they partner with. Their policy only allows them to integrate with the best and most secure casino sites.

Not only that, there are partnerships that lead to specific casino bonus offers. That means if you deposit using your Paypal account, you get freebies. It could either be free spins or bonus money. For withdrawal, the fast transaction is only one of the appeals of using this payment option.

Make sure you get to know the details before you decide on using PayPal to cash out your winnings.

PayPal withdrawals at online casinos to play slots in 2021

Using PayPal to make your withdrawals is a good idea. But due to its strict policies, you have to ensure it is accepted where you are. Online players from the UK, Austria, Ireland, Finland, Italy, Spain, Denmark, Sweden, and Portugal are among the few that can use it for PayPal deposit and withdrawals on their online casino account.

The more popular and reputable the online casino is, it’s more likely that they will accept PayPal. If they have all the signs of a legitimate casino, PayPal won’t have problems integrating their system with theirs. So make sure you check the online casino to make sure they’re licensed with the UK Gambling Commission or other similar regulating authorities.

Steps to open a PayPal account

Before anything else, you have to open your PayPal account first. How do you do that?

Here are the steps you can follow to do this.

  1. Go the www.PayPal.com.
  2. Click Sign Up.
  3. Choose what type of account you plan to use: Personal Account or Corporate Account. Take note that your PayPal account can be used for various online transactions. Read the features and limitations of both accounts to make the right choice.
  4. Follow the rest of the instructions and provide the information as requested.
  5. Once done, verify the email account you used to register.
  6. Don’t forget to choose a bank account that’ll fund your PayPal account. You’ll have to provide the bank details. Then you’ll be asked to follow a simple verification process. Once completed, your chosen bank account will be linked to your PayPal account. It’ll make things easier to deposit and withdraw your money.

If you decide to link your credit card to PayPal, the payment system will deduct a small fee. Then once you confirm your account, it’ll be refunded to you.

Online casinos that accept PayPal

If you already have a PayPal account, you can then start looking for the best online casinos that accept it.

Here are some of the best PayPal casino sites you can choose from.

Rizk Casino

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  • icon Fastest Reported Time: 5 min
  • icon Deposit Methods: Paypal, MasterCard, Neteller, Visa, Skrill. Trustly, Bank Wire Transfer
  • icon Withdrawal Methods: Bank Wire Transfer, Neteller, Visa, Skrill
  • Minimum deposit: £20
  • Maximum Withdrawal:(per transcaction) £50000
  • Payout times: E-wallet: 0 – 1 hours, Debit cards: 24 – 72 hours, Bank transfer: 24 – 72 hours
  • Minimum Withdrawal: £20
  • Fees: No fees
  • Cashout on Weekends: Yes
  • Cancel Withdrawal: Yes, within 5 hours
  • Manual Flushing: Yes
  • Play without account: No
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Terms & conditions

New costumers only | T&C apply | Play responsible | 18+ | begambleaware.org

Unibet

Deposit £10 play with £40
  • icon Fastest Reported Time: 1 min
  • icon Deposit Methods: Visa, Skrill, Paypal, ApplePay, Paysafecard, Paypal, Neteller, Bank Transfer, Trustly, Mastercard
  • icon Withdrawal Methods: Visa, Mastercard, Skrill, Paypal, Bank Transfer, Neteller
  • Minimum deposit: £10
  • Maximum Withdrawal:(per transcaction) VISA, Neteller and Skrill – £9000
  • Payout times: E-wallet: 24 – 48 hours, Debit cards: 3 – 10 days, Bank transfer: 3 – 10 days
  • Minimum Withdrawal: £10
  • Fees: No fees
  • Cashout on Weekends: No
  • Cancel Withdrawal: Yes, within 5 hours
  • Manual Flushing: No
  • Play without account: No
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Terms & conditions

New costumers only| Min. deposit £10 |35x wagering requirement apply | Bonus will expire 30 days after opt-in | T&C apply | Play responsible | 18+ | begambleaware.org

LeoVegas

£100 bonus + 30 spins
  • icon Fastest Reported Time: 1 hour
  • icon Deposit Methods: Visa, MasterCard, PayPal, Bank Wire Transfer, Skrill, Neteller, Trustly, MuchBetter
  • icon Withdrawal Methods: Visa Electron, Visa, POLi, Skrill, Swish, Bank Wire Transfer, Neteller
  • Minimum deposit: £5
  • Maximum Withdrawal:(per transcaction) £20 000 per calendar month
  • Payout times: E-wallet: 0 – 24 hours, Debit cards: 2 – 5 days, Bank transfer: 3-5 days
  • Minimum Withdrawal: £20
  • Fees: VIP customers have unlimited free withdrawals. Other customers get 3 free withdrawals per month and pay £3 for each additional withdrawal.
  • Cashout on Weekends: Yes
  • Cancel Withdrawal: Yes, within 5 hours
  • Manual Flushing: No
  • Play without account: No
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Terms & conditions

New costumers only across two deposits| Deposit £10, £25 or £50 & wager 35x|Only cash stakes qualify & wagering contributions vary. 10 free spins worth £0.10 to be claimed within Book of Dead with each qualifying deposit, 3 day expiry| Cash rewards 7 days from registration to opt-in from “Promotions” page & each with 7 days wagering | T&C apply | Play responsible | 18+ | begambleaware.org

888casino

£188 bonus
  • icon Fastest Reported Time: 1 hour
  • icon Deposit Methods: Bank Wire Transfer, EcoPayz, MasterCard Debit, Neteller, PayPal, Paysafecard, instaDebit, Visa Debit, Nordea, Boleto, QIWI, Todito Cash, Transferencia Bancaria Local, Trustly, Skrill, AstroPay Card, WebMoney, Yandex Money, OP-Pohjola Group, iDebit, Citadel Instant Banking, MuchBetter, Apple Pay, Rapid Transfer, Bitcoin, Interac, iWallet, Online Bank Transfer, oxxo, PurplePay
  • icon Withdrawal Methods: Bank Wire Transfer, MasterCard Debit, Neteller, PayPal, Visa Debit, EcoPayz, QIWI, Skrill, WebMoney, iDebit, MuchBetter, Rapid Transfer, Trustly
  • Minimum deposit: £20
  • Maximum Withdrawal:(per transcaction) £30 000 per calendar month
  • Payout times: E-wallet: 24 – 48 hours, Debit cards: 3 – 5 days, Bank transfer: 4 -7 days
  • Minimum Withdrawal: £20
  • Fees: N/A
  • Cashout on Weekends: Yes
  • Cancel Withdrawal: Yes, within 24 hours
  • Manual Flushing: No
  • Play without account: No
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Terms & conditions

New costumers only | No Deposit Offer: Claim in 48 hours | 14 day expiry | 50x wagering|Deposit Bonus Offer: £20 min deposit| Bonus wins capped at £500 | 30x wagering – req. vary by game |Bonus expires within 90 days | T&C apply | Play responsible | 18+ | begambleaware.org

Generation VIP

100% up to £77 + 77 spins
  • icon Fastest Reported Time: 1 hour
  • icon Deposit Methods: Visa Debit, Mastercard Debit, Bank Wire Transfer, Klarna, Trustly, Skrill, Neteller, EcoPayz, Paypal, Rapid Transfer, Giropay, Easy EFT, Interac, Astropay, MuchBetter, EuTeller, Zimpler, EPS, Paysafecard, Instadebit
  • icon Withdrawal Methods: Neteller, Skrill, Visa, MasterCard, Trustly, Paypal
  • Minimum deposit: £10
  • Maximum Withdrawal:(per transcaction) N/A
  • Payout times: E-wallet: 0 – 24 hours, Debit cards: 3-7 business days, Bank transfer: 0 -24 hours
  • Minimum Withdrawal: £10
  • Fees: No fees
  • Cashout on Weekends: Yes
  • Cancel Withdrawal: Yes
  • Manual Flushing: No
  • Play without account: No
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Terms & conditions

New costumers only | Offer valid on first deposit | Free spins are to be claimed in 2 deposits |£10 min deposit| 35x wagering on bonus offer, within 21 days | T&C apply | Play responsible | 18+ | begambleaware.org

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Why make withdrawals through PayPal?

Among all the other online banking methods, why should you choose to withdraw your winnings through PayPal?

Here are a couple of reasons why this is a good idea.

  • It’s free. As long as you follow the registration and verification process, you can use this for online transactions. There are no fees to set up and keep this account. Of course, there might be transaction fees but this will vary from one transaction to the next.
  • Easy-to-follow processes. Whether you want to make a deposit or withdrawal, the process is fairly simple. Even if you’re making your first deposit, it should be easy to complete the transaction.
  • Mobile app. Yes, you can access your funds through your mobile device. Anytime you want to make a deposit or withdrawal from a mobile casino, you can do it.
  • Security and privacy. PayPal is serious about the safety and security of your data and finances. You can trust that everything is fully encrypted. Your data can’t be accessed by third-party companies. Even if you connect your online casino account. PayPal also monitors transactions for any traces of fraud or theft. They do this 24/7.
  • Automatic currency conversion. If you have chosen to play in a foreign online casino site, PayPal will automatically convert your withdrawals. They will use the current exchange rate to convert to your chosen currency.
  • Customer support. PayPal is known for its responsive customer support team. You can get in touch with them through email, phone, and even chatbot. They also have an online community forum and resolution center.
  • Specific bonus and freebies. With more online casinos accepting PayPal, they’ve started to offer deposit bonus packages for those willing to use this payment option.

Risks of withdrawing through PayPal

While there may be a lot of benefits if you decide to use PayPal, there are also risks as well. This is why you have to get to know what these are. That way, you can choose other alternatives like an e-wallet, debit card, or any other payment options.

So what are the risks you have to know?

  • Limited options. There’s a limited number of PayPal online casino sites. This is because of their strict policy of partnering only with reputable casino sites. That means if new players opt to open an account with recently launched online casinos, PayPal might not be one of the banking options offered there.
  • Not available in most countries. The use of PayPal for online gambling isn’t allowed in other countries. This may be a problem if you live in one of the restricted areas.
  • Transaction fees. The truth is, these fees are sometimes quite small that you won’t even notice them. But still, it can happen. This is not the fault of PayPal. Some gambling sites set these fees.

How to use PayPal for withdrawals

Using Paypal as your withdrawal method is easy. But before you proceed, make sure you used this option when you made a casino deposit. If not, you might not be allowed to use it to withdraw your payout. Don’t worry. This is done to protect you from theft and fraud. PayPal is making sure that only you can withdraw your winnings. This strict procedure is part of their commitment to protecting you.

If this particular rule clears out, simply follow these steps to make a withdrawal from your casino account.

  1. Log into your account. Go to your Account page.
  2. Check if you’ve completed the verification process and have met or adhered to the terms and conditions. If you are withdrawing winnings you got from a welcome bonus, check if you’ve met the wagering requirements.
  3. Go to the cashier, wallet, or bank of the online casino.
  4. Click Withdraw. Choose PayPal among the withdrawal options.
  5. Enter the amount you’d like to cash out. Make sure it’s an amount that’s below your account balance and is more than the minimum withdrawal limit.
  6. Click submit and let the online casino process it.

The processing time will vary from one online casino to the next. But once it’s approved, the transfer of your payout to your PayPal account should be instantaneous.

If you encounter problems, get in touch with customer support immediately.

Where can you use PayPal for payments?

The great thing about having a PayPal account to fund your online casino is that you can use it for other payments too. That means if you withdraw any winnings you get from playing casino games, it won’t be hard to use it as real money to pay for what you need.

Like if you want to pay for online purchases, this is possible in more than 200 countries. If you wish to pay your bills, this is also possible if your accounts are connected to it. You can also use it to make donations. And if you want to send money to your family or friends, this is also possible through PayPal.

The best part is, all of these transactions are secure. So you can keep depositing and withdrawing and your finances will always be protected.

How safe is PayPal for withdrawal transactions?

PayPal withdrawals are one of the safest and most secure among the other options out there. No matter how many withdrawal times you decide to make, this won’t change.

It’s because PayPal makes sure they have the latest and most advanced security systems. They keep their HTTPS and SSL encryption technology updated. They also provide users with the option to activate their two-factor authentication system. Before your PayPal account is opened, you’ll have to input a unique code that’ll be sent through SMS.

In the rare case that you’re account is compromised, you don’t have to worry. You won’t be held liable for unauthorized purchases – but you’ll have to file a report so they can investigate.

That’s not all. They’ll only work with reputable and legitimate online casinos. So that’s an extra layer of protection for you. Because PayPal conducts its due diligence to ensure they only partner with the best online casinos.

Getting in touch with customer service

If you encounter problems that you believe happened on PayPal’s end, it’s very easy to get in touch with their customer support. You have several options.

The first is through their message center. Account-holders simply have to log into PayPal. You can also do this through the PayPal app that’s available on both Android and iOS devices. Once you’re logged in, you just have to go to the Message Center and click New Message. Type in your inquiry and someone will help you as soon as they can.

The second option is through social media – specifically Facebook (facebook.com/PayPal) and Twitter (@AskPayPal). Send them a message and they will also get in touch with you.

The PayPal site is also equipped with a comprehensive FAQ section that can answer the most basic questions. You can check this out as well.

Finally, you can go to their Contact Us page. There’s a selection of issues that you can choose from – whatever is closest to what you need. Choose that then describe your situation as clearly as you can. Someone will answer your query in no time at all.

Facts about PayPal

PayPal was launched back in 1998. Initially, it was known as Confinity – a company dedicated to creating security software for handheld mobile devices. In 1999, PayPal was added to be a part of their money transfer service. Back then, people viewed PayPal as one of the worst business ideas in 1999. But little did they know that PayPal would soon grow to become one of the most popular and widely used E-wallets in the world.

Among the founders of PayPal is Elon Musk. Other founders and initial employees soon began to further their careers in other tech and online companies like YouTube, Tesla, Linked In, Reddit, etc.

PayPal has become so well known that it has become the most preferred online payment option in the UK. In the US, it’s only second to Visa.

Back during Cyber Monday in 2015, PayPal processed  1.6 million transactions every hour. That’s an average of 450 payments every second.

In 2020, PayPal processed payments for 3.74 billion transactions. Its active users reached 361 million – with the average accountholder conducting 40 transactions

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