PayPal is an e-wallet solution, similar to Neteller, Moneybookers and Instadebit.
Unlike these solutions, however, PayPal is available to American customers. Being from the US I can tell you that PayPal is a great banking method. I use it to run my business, make and take payments, and I use my PayPal debit card as a back-up to my bank when I’m waiting on funds to clear from PayPal to my checking account.
Unfortunately, that’s where my experience stops. I’ve never used PayPal to gamble online. They don’t work with casinos that accept US players so that not to be viewed as a company that doesn’t respect US federal laws, namely the UIGEA.
This, of course, creates a compounding problem. In other words, since PayPal won’t work with casinos that accept US players, there are fewer casinos overall that they will work with. So everyone suffers.
However, if you can find a casino that will accept PayPal as a payment option, I would definitely check them out. PayPal is an option that’s available worldwide. You can use them to shop anywhere, especially if you have their MasterCard.
So with all my praise out of the way, the rest of this page will serve as a guide to help you get started. Read on to learn what casinos accept PayPal, how to get started, make a deposit with PayPal and the pros and cons of using them to fund your account. You’ll learn everything you need to know to make an informed decision.
Casinos and Software Providers That Accept PayPal 2017
Here are some of the top casinos and software providers that accept PayPal.
- 888 Casino
- William Hill
- 32 Red Casino
- Party Casino
- Ash Gaming
These are the top casinos that accept PayPal as payment. The list is longer overall, but when compared to e-wallets like Neteller and Moneybookers there are definitely fewer casinos to choose from.. Out of the list above 888 Casino would be the best choice for blackjack players. They have a good variety of games, mobile options and live dealer action.
How to Get Started with PayPal
Before you can fund your blackjack bankroll you’ll need to create a PayPal account. This is simple to do– it’ll only take a couple of minutes.
To create a PayPal account just visit the site and find the sign-up now button. Click that and fill out your details. PayPal will ask for your name, address, phone number, email, age and so on. All standard stuff. You’ll then need to verify your email address; just open the email PayPal sends and click on the link. Be sure to use an email that you have consistent access to — this is where they’ll send you notifications, changes to your balance and other important stuff.
To fund your account you can link your bank account (checking or savings), credit or debit cards. The benefit to this is that PayPal will cover so much of a purchase, even if you don’t have the funds in your (PayPal) account. They’ll cover the payment and debit the difference from your bank a couple of days later.
How to Make Deposits and Withdrawals Using PayPal
To make a deposit using PayPal you’ll need to head to the cashier, choose PayPal and give them your details — your email and how much you want to deposit. Be sure to use the email that matches your email for your PayPal account.
Once you hit submit you’ll be taken to your PayPal account. You’ll need to log-in and confirm the payment. Once you do that your funds should be available instantly (or very close to it).
If you happen to have a PayPal debit or credit MasterCard, you can also use that for payment. You’ll choose the MasterCard option instead, and enter in your card number, expiration date and the 3 digit code from the back of your card. The money should clear quickly here, too, and the funds will be debited from your PayPal account.
Withdrawals will work in a similar way. Just give the casino your PayPal information and they’ll ship the payment to you. Keep in mind that, like most e-wallets, this may take a couple of days.
PayPal doesn’t charge fees for funding your account or transferring funds to your bank account (unless you transfer money using your credit card).
The only fees that they charge for are incoming transactions. Fees will be as high as 4% of the total amount. So if you’re sent $100, you should expect as much as $4 to be taken out. There may or may not be a fee for the currency being transferred into your account– this will vary from country to country, and probably won’t be an issue if you’re able to deposit / withdrawal in the same currency that your PayPal account is in.
Advantages and Disadvantages
There are both advantages and disadvantages to using PayPal, just like any other banking method. I thought it would be helpful to list those here so that you could quickly decide if PayPal is a good option for you.
==> PayPal is discreet. Once you fund your account no one will know how you spend your money, unless you give them access.
==> Payment is instant. Your casino funds should be available instantly.
==> PayPal debit or credit card. You can use the card to fund your blackjack account or to spend your winnings.
==> Fees are (relatively) small. 3-4 percent when compared to the convenience of PayPal is nothing. You won’t notice the fees until you’re withdrawing several hundred dollars.
==> Few casinos accept PayPal as payment.
==> The fees will mirror wire fees once you get around the $800 (withdraw) mark.