Created in the early 2000s, the PayPal payment method is now used worldwide. A real alternative to credit cards and chequebooks, PayPal was one of the first so-called alternative payment methods to be massively accepted by online casinos. But how to use PayPal on an online casino? Is there a French online casino with PayPal as a deposit or withdrawal method? How to withdraw winnings using PayPal? With this article you will learn everything you need to know about how PayPal works at your favorite virtual casino.
TOP Casinos to deposit your money with PayPal Casino
Historical point : Casino PayPal France
Paypal is an American electronic wallet and payment company, created in 1998 under the name of Confinity and merged in 2000 with X.com, another electronic wallet company founded by the famous Elon Musk. The company is a pioneer in currency transfer services. When the Internet took off, it was necessary to find a way to make financial transactions more fluid, as traditional banks were not at all up to speed on the subject. Paypal grew rapidly and went public in 2002. A few months later, Paypal was bought by EBay for £1.5 billion. EBay wants to make it its unique electronic payment method, to facilitate transactions on its e-commerce platform. In 2015, the company separates from EBay and becomes independent again. It is now the first alternative payment platform to traditional banks in the world. It is a very versatile payment method, which is one of the preferred variants for gamblers and 100% secure. It also allows you to send your money to more than 190 countries. The account is linked to your credit card and works like a parallel bank account.
How to using PayPal at an online casino ?
Like any other e-wallet, PayPal is used at an online casino to deposit money into a player account as well as to withdraw winnings. In order to ensure that your future casino gaming site accepts this payment method, we recommend that you select it from our best online casinos accepting PayPal.
Is there a specific procedure to follow to use PayPal on online casinos ?
The procedure for depositing money into your player account and withdrawing winnings works the same way for all payment methods. The only difference is that the time limits and possible restrictions vary from one payment method to the other. In addition, using PayPal at an online casino is generally considered to be one of the fastest payment methods.
How do I use this payment method of American origin?
Before crediting your player account or requesting the payment of your winnings by PayPalIf you are not a member, you must ensure that this payment method is accepted by the chosen site. When in doubt, trust our selection of best casinos with PayPal.
PayPal for deposit
Directly from the “Bank” or “Cashier” area of your player account, select the “Bank” or “Cashier” option payPal deposit method. Then choose the amount you wish to credit for bet your own money at the roulette, blackjack, poker, slot machine tables like any other online casino game. Remember: playing for real money involves risks. If you are afraid of exceeding your limits, get help to play responsibly with the online casino concerned as well as with dedicated associations.
PayPal for withdrawal
Again, you can choose to either disburse your winnings via PayPal from an online casino, as soon as he accepts that payment method. The paying out winnings with PayPal on a virtual casino credits your PayPal account, less certain fees that the online casino is free to set. On the plus side: like any so-called “alternative” payment, the payPal transaction is usually quickly taken into account. If in doubt, check the PayPal terms and conditions of use on your online casino.
What are the costs involved when you use PayPal on a virtual casino ?
Unfortunately, every innovative solution has its downside. As far as PayPal is concerned, we deplore the fees applied for each payment to a PayPal account (unless you make a personal payment, which is not possible at an online casino). That being said, given the practicality of using PayPal on a virtual casino (as in many other types of transactions), the few fees applied remain reasonable.
Is there a fee for the deposit?
When you make a deposit to your online casino player account, the casino has no interest in charging for this transaction. As soon as the online casino accepts PayPal as a method of deposit, we did not notice the application of any particular fees. However, if you do, we strongly recommend that you switch to one of the online casinos listed in our comparison table of the best casinos with PayPal.
Is there a fee for withdrawal?
Let’s get this straight: casinos charging fees to withdrawals of winnings by PayPal are still rare. But (because there always has to be a but..) General use of PayPal is subject to a processing fee. These fees vary throughout the year and are currently around 3%, but may change at any time. Specifically, if you unlock €100 in winnings and wish to be paid by PayPal, you will receive approximately €97. In other words, there is a fee for withdrawing winnings via PayPal, but not necessarily because of the online casino (even if some unscrupulous sites take advantage of this payment method to add “processing fees”..).
The best casinos accepting Paypal
In the early days of online casinos, it was easy to find platforms accepting deposits at their casinos via Paypal. It must be understood that the digital presence of banks is something relatively recent. One of the only ways in the 2000s to make financial transactions quickly was through electronic wallets like Paypal for casinos. As soon as Ebay bought Paypal, the e-commerce company started to ban the use of Paypal for casino and gambling financing in general. These limitations resulted in an almost complete absence of Paypal in casinos and financial transactions other than those intended for EBay. As a result, casinos abandoned Paypal and turned to other means of payment. In 2010, due to the EBay crisis, Paypal is opening up to other platforms again. Casinos are again starting to accept Paypal as a means of payment.
In parallel with the opening of Paypal to casinos, France created the National Authority for the Regulation of Online Games (ARJEL) in 2010. The ARJEL issues the compulsory operating licenses for France and imposes draconian conditions to obtain them. Among its objectives is the fight against money laundering. Paypal is suspected of encouraging this type of practice, the ARJEL purely and simply prohibits casinos from offering Paypal as a means of payment. This means that the French will not find any online casino that will allow them to deposit money with their Paypal account. The same casinos will offer it in other countries (UK, Italy or Belgium), but not in France.
Casino Paypal : Pros and Cons
The main disadvantage, as we have explained, is that it is impossible to use this method of payment on online casinos in France. If you live in another European country on the other hand or you have the possibility to open an online casino account from abroad, Paypal offers many advantages. In addition, you will need to make a bank transfer of a few cents to validate your Paypal account and therefore enter your bank details.
Even though transaction fees on withdrawals can sometimes be high (these fees are mostly implemented by casinos when withdrawing via Paypal to encourage you not to withdraw your winnings), Paypal offers a high level of transaction security. They are the best in the world in this area. The Paypal account can also be connected to your bank account, credit or debit cards. This makes it very easy to fund your casino account via Paypal or make transfers. It can also be used as a back-up financial account. This way, you can keep your bank accounts that you use to pay for your lifestyle well separate from the Paypal account for the casino. Finally, deposits and withdrawals are instantaneous, so you can avoid the waiting time that the traditional banking system imposes when you win the jackpot and want your winnings back. In addition, the customer support is really efficient and if you encounter any problems with your real money withdrawals, they will be quickly resolved.
How safe is it to deposit or withdraw money from French online casino with paypal?
PayPal is one of the many payment methods considered secure, i.e. its e-wallet operation limits the risk of exceeding a threshold when you play with money. In addition, you receive a mail to each PayPal transactionat an online casino or anywhere else. If you did not initiate this transaction, you can immediately contact the payPal customer service to oppose.
Nevertheless, we can only recommend that you select a UK online casino with PayPal (as an international casino) secure, in other words one that encrypts its data with complex encryption. Never use your payPal account in plain sight and do not give out your personal identifiers. In case of doubt, PayPal customer service can be reached over a wide range of hours.
Paypal Casino Bonuses in Online Casinos
It is possible to take advantage of Paypal among the different payment methods of the casinos, if you live in a country where the market is not regulated. We strongly advise against trying to circumvent French regulations and the ARJEL. However, please note that if you open accounts on platforms such as Bwin or Bet365, you will be able to take advantage of payment by Paypal. Some of these sites offer Paypal casino bonuses on your deposits, up to 15%. Paypal casino bonuses are a good way to earn cash easily, so it is worthwhile to take advantage of them.
Does this payment method limit access to casino games?
On the contrary! Thanks to a money deposit by PayPal on your player account, you can even benefit from deposit bonusdepending on the period or the online casino chosen. Our Top Rankings casinos with PayPal allows you to take advantage of special offers, boosting your time at jeu ! In addition, it is clear that the processing time of a transaction by PayPal is very fast (a few hours in general, or even immediately for some online casinos).
Our opinion on PayPal as a casino payment method
PayPal has won the hearts of online casino gamblers for its simplicitys, its speed and its reliability. Unless voluntarily requested, it is not possible to exceed your wagering limits by haste with PayPal. Finally, the payPal account will allow you to deposit money or withdraw winnings at French and international online casinos, but it can also be used for other day-to-day transactions. Play safely and enjoy the adrenaline of online casino games with our selection of the best casinos with PayPal !
PayPal Casino FAQs: the answers are here
Here are the most frequently asked questions from our last Q&A session
✅ How does PayPal work?
PayPal is an alternative payment method that works like an e-wallet. As such, you can make payments on shops that accept PayPal as well as on many online casinos.
✅ How to create an account PayPal ?
Signing up on PayPal takes no more than a few minutes. Once your PayPal account is created, you will need to have it verified. This step takes a few business days.
✅ Which casinos accept PayPal ?
Almost all online casinos accept PayPal as a method of depositing money and withdrawing winnings.
✅ How do I withdraw my winnings with PayPal ?
Simply select this withdrawal method and abide by the terms and conditions of the relevant casino’s winnings release, as each casino is free to apply the terms and conditions of its choice. If you find that the requirements for withdrawing winnings via PayPal are too high, then please go ahead and play at another online casino.