Security and Efficiency, With PayPal Casinos You Have Already Won
Online casinos are probably the best portal to unbound thrills and excitement.
Hardly anything can compare to the adrenalin rush induced by a winning spin of the slots or by the river revealing the card you were waiting for.
The only problem with online gambling is payment. Deposits and especially withdrawals often take days to process and typing your bank details time and again is the definition of tedium.
Not to mention the security risks of listing your bank account on numerous sites, over various network connections.
Luckily, many online casinos have adopted modern ways of online payment. E-wallets are becoming more and more popular, with PayPal leading the way for a couple of decades already.
I have always advocated responsible gambling and using PayPal contributes greatly to the cause in several ways, most of all with its increased security.
Still, not all online casinos work with PayPal and there is a good reason for that.
What is a PayPal Casino, Anyway?
A real PayPal casino is an establishment where both deposits and withdrawals can happen using the popular payment processor.
The casinos that accept PayPal as a deposit method are much more numerous than those that allow you to withdraw your earnings to the e-wallet.
One of the main reasons why some of the online casinos accepting PayPal as deposit method do not allow withdrawals to it is not technical, but a matter of compliance with PayPal’s prerequisites.
Becoming a PayPal online casino requires a certain degree of integrity and security on behalf of the casino. Otherwise, the payment platform wouldn’t accept it as a trustworthy partner.
Which brings us to the main advantage PayPal casinos have.
Maximum Security, For Your Convenience
Generally speaking, PayPal as a payment method is more secure than bank accounts or credit cards. Processing payments with PayPal requires you to insert your PayPal account name and password, without sharing any sensitive banking data.
This is particularly beneficial in public locations when producing your card or inputting your bank account number is not the safest thing to do.
On top of that, using public networks always introduces a degree of risk, which a deposit using PayPal negates.
When it comes down to online casinos that accept PayPal deposits and withdrawals, things get even better.
Not only you don’t have to share your bank details, but to have PayPal fully integrated, all casinos must display a certain degree of data security, together with good reputation.
PayPal has always been notorious for its rigid data protection and security practices.
In other words, all casinos that accept PayPal as payment method automatically command a certain degree of trustworthiness.
Additionally, all transactions to and fro PayPal are recorded in your PayPal account, making it possible to track down problematic payments and dispute them when necessary.
Ease of Use, Used for Ease
Once you have an active and funded PayPal account, you need not insert your bank details anywhere anymore.
As long as you want to play at an online casino accepting PayPal, loading your casino account is remarkably easy. Just input your PayPal email address and password and the online slot machines are instantly available.
No need to produce your credit card or to remember lengthy bank account numbers.
Typing in a simple email address is all it takes, making this payment method ideal for all online and mobile casinos that accept PayPal.
Speed, Speed, Speed
Mostly all online casinos accepting PayPal are able to process payments really quickly. Bank transfers take 7-9 days to reach your bank account and credit / debit card withdrawals need some 2-5 days to be processed.
Online casino PayPal withdrawals can take as few as 5 minutes and usually are handled within 24 hours. It doesn’t get much faster than that.
It is true that getting your money from PayPal to your bank card could take another 2 business days, but the good news is that you don’t really need to withdraw from the e-wallet.
PayPal is ideal for shopping online. They have a vast network of partners, who offer nice discounts for anything purchased through PayPal.
Oh, and let’s not forget the bonuses.
Bonuses? Who Said Bonuses?
If increased security and incredible ease of use are not enough, I’d say you are a tough crowd to please.
I guess most online gambling houses are aware of that as well, since many casino sites that accept PayPal don’t go silently about this fact. Instead, they offer nice bonuses for PayPal deposits.
Some of them provide general bonuses, others are more specialized, promoting PayPal transactions for slot machines, for instance.
You can check here the selected few casinos, which provide additional incentive for using PayPal deposits.
Anyone Can Have a PayPal Account
Indeed, registering an account with the payment processor is extremely easy, just like registering for an online forum or shop. Provide an email address and a password and you are settled.
Linking a bank card is a bit more time consuming. Whenever a new payment method is connected to PayPal, the e-wallet would charge the account a small sum, usually about $2.
This is a test transaction and the charged sum is restored to your bank account immediately.
The purpose of this test charge is to confirm that the payment method is valid and that you have access to it. The PayPal transaction leaves a 4-digit code in your bank statement. You have to copy these 4 digits and put them in your PayPal account for verification purposes.
Once this is done, you can use PayPal for online gambling, shopping and any online transaction you need.
The Technology Behind PayPal Casinos
Most of the reputable UK online casinos are powered by a handful of software providers, who are experts in designing memorable gambling experience with excellent security.
If you see an online casino using Playtech, Microgaming or NetEnt software, you may rest assured: top-notch security and diverse gameplay are waiting for you.
Playtech are one of the leading forces in the online gambling world. They boast incredible functionality, presented with slick design solutions.
Their ability to make the transition from one platform to another makes their casinos ideal for mobile gambling. Coupled with their PayPal integration, betting on the go has never been more tempting.
Microgaming, despite their name, are another giant in the field of online gambling. They are best known for their humongous selection of slot machines, but their portfolio has swollen considerably of late, offering nearly 700 different games.
They follow extremely high development standards and it comes as no surprise that their platforms are accessible through various devices, with uncompromised performance.
NetEnt are probably the most successful casino software developer. Over the last few years they have received numerous awards for their top-of-the-line applications, which can be enjoyed on the go and on desktop devices. Countless slot machines and excellent choice of live casino games are their trademark.
These are three of the biggest developers of online casinos and their platforms are synonymous of functionality, security and unmatched gambling experience. Virtually all PayPal casinos are powered by one of these three market leaders with RTG Casinos enjoying a reasonable share, too.
Not Everything That Shines is Gold
As good as PayPal is for online gambling, there are certain restrictions to keep in mind,
- Fees – most casinos that accept PayPal do not impose any withdrawal fees but PayPal usually does, at least for withdrawing funds to your bank account or credit card.
- Not all casinos accept PayPal – as discussed above, that’s not really a disadvantage, as those fully qualified PayPal casinos have several advantages but it is still a restriction for some.
- Not all countries accept PayPal for gambling – most notably, the USA do not allow PayPal for gambling transactions, even though some states have it regulated. Australia and New Zealand, together with Canada also have it prohibited.
Bet in the Best Online Casinos Using PayPal
888 Casino – not only new players can benefit from the massive £1500 bonus deposit reimburses over 5 deposits, but you can also get additional £30 on top of your first deposit if you do it via PayPal. Is this not enough? How about the limited offer of a £88 no deposit bonus? Hurry up!
Slots Magic Casino – players from the UK can play PayPal slots for a full year with one single deposit. Here is the deal: the initial deposit of minimum £50 will be matched at 100%. I’d recommend depositing £100, as this is the maximum sum to be matched. Use the promotion code Y520 and you will get immediately 50 free spins and then 10 spin per week for the next 52 weeks. Pretty sweet deal, if you ask me.
Luxury Casino – here you can find one of the most extensive deposit reward bonuses. Most online casinos match the first 3 deposits to a certain extent, while Luxury Casino rewards you for the first 5 deposits, with the first and the last being matched at 100%, up to £150. Second and forth deposits are matched at 50%, up to £200, while the third is matched at 25% but up to £300. These awesome bonuses can be multiplied at several hundred games.
Golden Tiger Casino – more than 450 games are waiting to see whether Lady Luck smiles at you. Even if she shies away for the time being, the staggering £1500 in deposit bonuses are sure to lure her to your side, eventually. In order to get the maximum from the bonuses, up to £5000 must be deposited over 5 different deposits. This may sound like a lot but the huge variety of games and decent payout rates make Golden Tiger Casino a place to visit time and time again.
32Red Casino – a versatile and user-friendly casino, with nice sign-up bonuses and a number of ongoing promotions, 32Red is known for excellent customer service, payout rates above 96% across the board and quick withdrawals. PayPal withdrawals happen instantly, with no fees.
Is PayPal the Future of Online Gambling?
The e-wallet certainly makes great steps toward working with more and more gambling houses. New PayPal casinos appear often, even though the application process is rigorous.
Despite these advancements, it is hard to predict whether PayPal casinos will become a thing on the other side of the pool. USA and Canada gambling regulations allow only banks to process gambling-related payments and PayPal is not a banking institution.
However, using PayPal for UK online casinos has advantages that easily outweigh the restrictions.
Ideally suitable for mobile gambling, any deposit using PayPal is easy and seamless and, most importantly, very secure.