Online casinos with PayPal
In addition to the well-known payment options such as Creditcard, Neteller and Skrill, you would also expect that online casinos would offer Paypal as a payment method. However, this payment method is actually hard to find at online casinos. Where PayPal was popular as a payment method at online casinos in the past, it seems to have disappeared completely. Reason for this is that PayPal places high demands on websites that want to offer it as a payment option. Because many online casino don’t meet these strict standards, it is not possible to pay with PayPal.
More and more casinos want to start offering this form of payment due to its growing popularity, but PayPal is holding back. When casinos were on the verge of balancing between legal and illegal, the American payment provider decided to withdraw from gambling online. Later, with a considerably stricter policy, Paypal returned to the casinos that adapted to this policy. This also has an advantage for the player, because you know that the casinos that offer Paypal as a payment option are reliable. After all, if an online casino would play with rules in the law, Paypal would soon withdraw.
For the time being the number of trustworthy online casinos that offer PayPal as a payment method are limited. Good alternatives to a PayPal eWallet are Neteller and Skrill. These are also solid and trustworthy eWallets that are used by millions of people online. Almost all online casinos accept Neteller and Skrill as a payment method. Already have a PayPal account? Then check out the casino bonuses below at casinos that accept PayPal.
What is PayPal?
Paypal was initially founded in 1999 under the name Confinity, as a service for transferring money. In 2000 they merged with Elon Musks’ X.com, and he continued developing the Confinity side of the merger. At some point Musk decided to solely focus on the money transfer service, renaming the company PayPal, and growing it into one of the largest money transfer brands (ewallets) on the internet.
How do you create a PayPal account?
You can create an account on the PayPal website. In the first instance you must enter a number of personal details and link your bank account. You still have to verify that link. As soon as you move large amounts to and from your account, you will receive an extra check. For example, you must scan supporting documents (ID card, driver’s license). PayPal performs these checks to be able to offer a safe and legal service.
What makes this payment method a good choice?
PayPal is probably one of the very best methods to increase your game credit at an online casino. Because you transfer money between two PayPal accounts, there is an internal connection within the service. It is very well protected. The service is very easy to use: a transaction is approved within a minute. The balance that you deposit is also withdrawn on your casino account very quickly. That way you can continue to play quickly. Payments by the casino also take place within minutes, allowing you to enjoy your money quickly.
What other wallets are there?
PayPal has two major competitors in the online casino world: Skrill and Neteller. These e-wallets have been around for almost the same time, are also valid in many countries and offer about the same benefits as PayPal. Neteller has the advantage that you can use a prepaid credit card to pay online. This means your privacy is never in danger. Skrill and Neteller are accepted by more online casinos than PayPal. In other respects, these e-wallets are against PayPal. For example, transaction costs are generally higher with the two competing services than with PayPal.