List of UK Paypal Casino Sites
Paypal Casino Betting Guide
With just under 200 million users, PayPal is one of the largest internet companies in the world, making it a popular payment choice among users of online bookmakers and casinos.
Below is a comprehensive guide to using PayPal for online gambling.
Benefits of using PayPal for online gambling
Confidentiality is a key concern for customers when withdrawing and depositing money at online bookmakers and casinos.
When using PayPal, a user’s bank account and credit card information is never shared with the casino site or across the internet.
Speed is also a key factor as to why players at online casinos love PayPal. When a player adds funds to their casino account, they appear instantly. There’s no processing time involved so users can begin playing games straight away.
All of the major online gambling websites use PayPal, but many retailers, both on the high street and online, accept PayPal too. Visit the PayPal website for a full list.
Furthermore, anywhere that accepts MasterCard also accepts the PayPal Access Card.
PayPal makes use of an easy-to-use eWallet system. Your eWallet can be used to:
- Purchase things online using only your PayPal username and password.
- Collect payments from businesses and individuals. These funds can then be transferred to your bank account/card, or stored to make online purchases.
- Keep all bank accounts and cards in one place online.
Paypal Access Card
PayPal offers users a MasterCard debit card, known as an Access Card, that connects to their eWallet. This can be used to:
- Withdraw funds in your PayPal account from cash machines
- Pay for items in the same way as a standard debit card
- Make payments using PayPass, a touch payment system
Note that PayPal’s Access Card is currently available by invitation only in the UK.
PayPal has an app available that can be used to:
- Purchase items in-store at participating retailers
- Receive and send payments using your PIN and mobile number
PayPal.Me is a peer-to-peer payment service that has been launched in over 18 countries. The service is useful for players at online casinos as it allows them to request funds by email, text, or other platforms.
Signing up to Paypal
It’s easy and fast to sign up to use PayPal. You’ll need to provide the following information: your name, desired password, email address, address, date of birth, and your bank account/card details.
For some services, you’ll need to provide proof of address and verification of your identity, for example, a scan of your driving license or passport.
Generally, PayPal is free to use. Using the PayPal app and eWallet, and running an online account are all free services, however, there are charges for some services, such as:
- Sending money overseas: depending on where the money is being sent, and if the money is transferred via card or bank account, a fee of between 0.3% and 7.4% of the transaction amount is applied.
- Receiving money: payments funded by money in your PayPal account are free, credit card payments have a charge of 3.4% + 20p. Which party pays this fee is chosen by the sender of the funds.
- Converting currency: a fee of between 0.4% and 7.4% of the transaction value is charged if you pay in a currency other than your default PayPal account currency, depending on the source of funds (card or bank account) and which currencies are being used.
- Selling: seller fees vary from 1.4% + 20p to 5% + 5p for each transaction depending on whether you sell in an online store, a physical store, or on eBay.
PayPal’s safety and security is rigorous and users of the service can relax knowing their money is safe.
Buyer Protection is offered to all users, which means that PayPal will reimburse your money if an item you’ve purchased isn’t as expected, or doesn’t arrive at all.
Fraud risk is very low when using PayPal as third parties are never privy to your financial information. The company also runs a Resolution Centre, which is dedicated to dealing with disputes and problems.
Furthermore, each transaction made through PayPal is monitored and encrypted, which reduces the chance of identity theft.
Originally operating as Confinity in 1998, a rebrand in 2001 gave birth to the US-based company we now know as PayPal. In 2002, the company went public but was quickly acquired by eBay later that year, to the tune of $1.5 billion.
PayPal’s popularity skyrocketed around this time and by 2014 it was operating in 30+ countries and moving $200+ billion every year. eBay announced in 2015 that PayPal would operate as a separately traded company.
Over the years, with its thorough security measures, its strong marketing campaigns, and its accessibility, PayPal has evolved into probably the world's best known eWallet service.
Consequently, there are only a handful of online bookmakers and casinos that don’t offer PayPal integration.