The PayPal Payment System 101: What is it?
PayPal is the most trusted e-wallet on the market, which you can link to your debit card or bank account. Most Brits prefer this payment method since it’s easy to set up, and you can quickly use it for online shopping and, of course, PayPal casino UK deposits and withdrawals.
PayPal’s system is increasing its popularity each year as it’s flexible, safe, and available worldwide, conspicuously in the British market. To understand its growing number of users, Statista.com created a chart proving that in the first quarter of 2022, there were 429 million active PayPal accounts.
Introduced to the world in 1998 by the name Confinity, its mission from the beginning was to develop a secure electronic payment system. Today, the company has not only changed its name but also added helpful features to make it even easier to use. The features are:
- The app that helps you send and receive money using your smartphone.
- Stay logged in and deposit right away with PayPal One Touch.
- Paypal.me allows you to share a link to receive payments directly.
- Paypal access card where a MasterCard debit card uses your PayPal funds for purchases and withdrawals.
| Company Name | PayPal Holdings Inc |
|---|---|
| Address | 2211 North First Street, San Jose, California |
| Support | 020 8080 6500 |
| Founders | Peter Thiel, Max Levchin, Ken Howery, Yu Pan, Luke Nosek |
| Traded as | Nasdaq: PYPL |
| Revenue | US$25.371 Billion (Fiscal Year Ended December 31, 2021) |
| No. of Employees | c. 26,500 (2020) |
| Website | www.paypal.com |
Due to its reputation, the e-wallet has become popular also among British gambling enthusiasts. We all know that the payment process is one of the essential steps for PayPal casinos to be successful. This means if any minor inconvenience is experienced by the players will make them choose a competitor.
In order to make players of all kinds happy, many casinos choose to accept the e-wallet as a payment method. PayPal casinos are considered serious in the industry, as they make you, the player, a top priority. With a casino PayPal, you won’t experience any issues when depositing or withdrawing your funds.
Why Should You Use Casino PayPal Deposit?
PayPal’s payment system is considered the leading name in electronic services as it offers many benefits, especially for those who practice online gambling. Preferred by UK gamblers, a casino PayPal is an efficient choice given that in 2020 UKGC banned the use of credit cards for gambling activities.
As every bank has its own strict rules, it might get challenging to use your debit card for this way of entertainment. That is why many players use PayPal casino UK site accounts to create a balance between their gambling activity and the bank.
If you’re a new player or just thinking of signing up for British casino sites with the system, you’ll be excited to find out how many benefits it offers. Let’s have a look at what you get when you log in to the best PayPal casinos UK:
- PayPal’s electronic system is the fastest deposit option since you’re only entering your username and password. So say goodbye to long card numbers, names or expiry dates.
- The withdrawals are also quick and easy, as they take less than 24 hours.
- It’s easy to set up. You’ll need to create an account using an active email address to synchronise your new account with the bank account.
- Paypal casino sites have an extra level of security. You don’t have to introduce personal info to make a deposit. Thus, your financial information is protected by the company and never shared with the casino page.
- Host safety measures are a must when using the e-wallet. It includes Fraud and Purchase Protection and SSL data encryption.
- New PayPal casinos add electronic payment as it is in high demand these days.
- Casino sites in the United Kingdom must own a UKGC license to be eligible for payment. This is like a guarantee that the PayPal casino UK is reliable and trustworthy because it automatically means it has a legitimate licence from the British regulatory body for gambling.
Top 5 UK Casinos That Accept PayPal Payment
There are plenty of good British gambling websites on our PayPal casino list, but we’ve created a top to highlight which ones are the best. In order to give you a fantastic betting experience and a seamless payment process, you should pay a visit to the following casino sites:
| Launched year | Min Deposit | Min withdrawal | PayPal deposit | PayPal withdrawal | |
|---|---|---|---|---|---|
| PlayOJO | 2017 | £10 | £20 | ✔️ | ✔️ |
| LeoVegas | 2011 | £30 | £30 | ✔️ | ✔️ |
| Betway | 2006 | £10 | £10 | ✔️ | ✔️ |
| 32red | 2002 | £10 | £10 | ✔️ | ✔️ |
| bgo | 2008 | £10 | £10 | ✔️ | ✔️ |
Slotscalendar Advice: Even though PayPal casinos are extremely safe; know that we look at other aspects as well during our reviewing process. We ensure that the fine print you’re about to read is easy to read, that the game collection is decent and that the customer support service is genuinely helpful!
All About Deposits and Withdrawals at Casino PayPal
A significant advantage of trying live casino PayPal is the speed of use. The payment method is available for deposits and withdrawals as well, and it helps you transfer your funds hassle-free.
Your comfort is what matters here at SlotsCalendar; that’s why we’ve put together an easy step-by-step guide for all our UK-based members. It will help you learn how to deposit and withdraw your earnings from PayPal slot sites UK and other betting platforms in no time.
How to Make Deposits?
If you’re a newbie who wants to try a deposit with this payment method, then this section is for you. Just follow the next steps, and you’re good to try out every game.
- Step 1: Find your PayPal casino UK site
The first thing to do is browse our updated list of British casinos that accept e-wallets and choose one that suits you.
- Step 2: Register a new account
This step requires you to sign-up and submit the documents needed for the KYC and AMC process.
- Step 3: Go to the cashier option/button
Once you get to the cashier, select the PayPal section and type the amount you want to deposit.
- Step 4: Verification process
Check your transfer by logging into your PayPal account.
- Step 5: Enjoy the game
The money will be transferred immediately into your player account. Then, it’s time to test your luck and enjoy playing your favourite games.
Casino PayPal with Minimum Deposit
If you decide to make a payment, you’ll first need to deposit the minimum amount required. Not all casino sites are the same, and for sure, they don’t share the same minimum amount. It’s best to check their terms and conditions and be informed before depositing.
Minimum deposit amounts fluctuate, but normally the minimum casino deposit is £10. If you wish to explore the lowest deposit, make sure you check the £5 PayPal deposit casino.
How Do Withdrawals Work?
If you find depositing fast and easy, the online casino PayPal withdrawal will be a breeze. Just make sure you take every step for a seamless experience.
- Step 1: Check the casino agreement with the payment system
Before making a deposit, check if the casino site supports PayPal withdrawals.
- Step 2: Make a withdrawal request
Once you make your request, it is then time to wait for the casino site to process your command. The processing and pending time can take hours or even days, depending entirely on the betting website.
- Step 3: Enjoy your earnings
As soon as the PayPal casino UK approves your request, you’ll get the chance to enjoy your earnings almost immediately as they appear on your personal account.
Test the Instant PayPal withdrawal casino
Many online betting sites have agreed to use the system as the main online payment as it is the fastest method on the market. On average, withdrawals take 24 hours after your request is approved. This is the standard that all fast withdrawal casinos in the UK wish to adhere to.
Sometimes, a withdrawal via PayPal e-wallet can be transferred to your account almost instantly, or it might take only a few hours. Due to its speed and ease of use, this beats any other withdrawal system processed by a debit card or bank account.
SlotsCalendar Advice: Please notice that even if withdrawals feel like a breeze, the transfer can take more than 24 hours. Because all casino sites are required to check every withdrawal to comply with their gambling licence, the transfer may take even 48 hours.
Fees For PayPal Deposits & Withdrawals Explained
Sometimes, when you make online casino transfers, there is a chance of being charged a processing fee from the casino’s side. It may happen for deposits, but usually, the withdrawals require a flat fee.
The fees vary from one UK gambling site to another, with specific amounts for each casino site. As a UK gambler, most casinos won’t charge you when using an e-wallet, yet there can be a few exceptions.
As a consumer, you won’t be charged any fees for making commercial transactions. That’s why you mustn’t worry about additional costs for your casino deposits.
If you want to withdraw your funds back to your PayPal account, it is recommended to transfer them to a bank account or a debit card. You will only get charged for a deposit or withdrawal from your casino PayPal account when a currency conversion occurs. You’ll be charged a flat fee at its amount, depending entirely on the currency itself.
As a UK player, the best thing to do is to stick to the UK casinos you will find on our website to deposit and withdraw using GBP and avoid currency fees.
Another cost you should bear in mind is the inactivity fee that was added recently by the company. This fee applies only if your account has money on it and they haven’t been used for more than a year. In this case, you’ll be charged a £9 annual fee.
This also depends on the account balance, so it may be less than £9. The amount is taken only from your e-wallet balance, not from any linked card. So rest assured that the earnings from your personal account are safe.
SlotsCalendar Advice: We recommend withdrawing your earnings from the PayPal account to avoid the charge, especially if you’re not planning to use it for a while. The SlotsCalendar team advises all its British users to take as many measures of financial responsibility as possible, including when playing at PayPal casino UK!
A Comparison of Payment Alternatives
Many players around the United Kingdom prefer PayPal casino sites rather than others that allow different payment options, and that happens for good reasons. First is the convenience of the PayPal account, which makes everything more accessible compared to credit cards.
You don’t have to move around and search for your wallet or purse to make a deposit; it’s all within your reach. You just have to access the account by entering your password, and you’ll be ready for payments. Sometimes you won’t even need to enter your information because if you already used the PayPal system on that device, you might have saved your details.
As digitalisation takes over every year, many casinos prefer mobile-friendly methods such as ecoPayz, Zimpler, MuchBetter, and Neosurf.
Usually, players prefer Payforit, as it allows making a mobile casino PayPal deposit and withdrawing your money in larger amounts. You can even keep track of your actions by logging into your PayPal account.
Even though there are great e-wallets on the market, the PayPal e-wallet remains a fan favourite thanks to its massive brand recognition. Players in the UK feel at ease playing at PayPal casinos, knowing that their payments are handled by a reliable, trustworthy and well-known company.
There are a few alternatives if you currently don’t have a bank account or debit card and don’t want to set up a PayPal account. Here is what you should use instead:
| Payment methods | Min/Max deposit | Deposit time | Min/Max withdrawal | Withdrawal time | Fees | Operators |
|---|---|---|---|---|---|---|
| Skrill | £10 – £10,000 | Instant | Unlimited | 2 Days | 5% | 130+ |
| Neteller | £10 – £10,000 | Instant | Unlimited | 2 Days | 3.5% | Neteller casinos |
| Paysafecard | £9.50 - £850 | Instant | N/A | N/A | Free | Paysafecard sites |
| Apple Pay | £10 – £10,000 | Instant | Unlimited | 4 Days | Free | 64+ |
| Boku | £10 – £10,000 | Instant | N/A | 4 Days | Free | Boku operators |
| Payforit | £10 – £10,000 | Instant | N/A | N/A | Free | 79+ |
A Touch Upon Security
The PayPal system is considered the most secure casino payment option for various reasons. The top thing users like is that introducing any personal information regarding bank details when you make a casino deposit is not necessary.
This option builds trust as it eliminates the risk of your personal information falling into the wrong hands. The PayPal system has powerful security measures like data encryption and non-stop fraud monitoring.
PayPal takes security to the next level and adds different features all the time to protect customers from fraud. All PayPal products are easy to use, secure and incredibly safe. Are you planning to put your money into a PayPal casino UK account? There are some amazing ways that help users feel secure. Check out these features:
- The two steps of authentication;
- Encrypted login process from the app, smartphone or computer;
- 24/7 fraud monitoring;
- A secure app that sends notifications to track payments;
- You get SMS notifications when money is transferred from your account;
- You receive emails when a payment is complete.
The e-wallet company is recommended in the UK for making casino deposits as it's a trusted and secure service.
SlotsCalendar Advice: We recommend activating the two-step authentication to add more protection to your account. This means that when you access the account after entering the password, you’ll then enter a unique code that you receive via SMS.
Paypal Casinos and Gamban
Starting with January 2022, the electronic system has partnered with Gamban to allow users to block gambling transactions on their accounts. With the blocking service GamStop — which prevents players from signing up to gambling sites for a period they choose — PayPal users can increase protection against gambling activities when they feel that the games produce frustration and anxiety rather than fun and excitement.
This feature is essential if you encounter a negative effect on your life, as it helps with recovery. Staying away from online gambling for a while can bring back the excitement for the game and move away from the frustration of loss.
PayPal Buyer Protection Policy for Players
When you have Buyer Protection, you can purchase on almost all sites without worries. If a problem occurs, you only have to open a dispute at the Resolution Centre, and PayPal’s support team will review your case. They will solve your issue within 14 days or even sooner if the case is more manageable.
Remember that the policy won’t apply if you’re purchasing a service or a product related to gambling or any other activity, including an entry fee or a prize.
Explore The Best PayPal Casino Sites in the UK
Are you looking for the best PayPal casino sites in the United Kingdom? You’ll be surprised to find out that there is a wide range of options. These casinos invest in excellent payment methods and outstanding customer experiences.
Here at SlotsCalendar, we value your time; that’s why we’ve created different categories for the best online casino games PayPal, in the UK.
New Paypal Casinos Sites
Our professionals keep every list of casino-related pages permanently updated, and the latest PayPal casino sites are no exception. On our new casino page, you’ll discover PayPal gambling sites that were launched lately so that you can benefit from fresh promotions anytime.
Live Casino PayPal
When you play at PayPal casino UK, you may take advantage of the best live dealer games. You can now experience all the thrill and excitement of a brick-and-mortar casino right at home since the live casino software has been elevated more than ever.
You may interact with live dealers and talk to your co-players as you watch the game via perfect streams provided by noteworthy companies like Playtech and NetEnt.
Casino Roulette PayPal
This classic table game is seen among players as synonymous with elegance due to its fame in countless films and shows. Betting real money at British roulette casinos is easier than ever, given that e-wallets like PayPal move extremely fast. Thus, trying roulette at licensed online casinos has become as exciting as playing at a land-based one.
Blackjack PayPal Casino Sites
Some of the most famous casinos out there are Blackjack casino sites that also include PayPal payment options. Because blackjack is simple and easy to play, even new UK users will have, without a doubt, a fun and exciting experience. After a few games, you’ll feel like a pro when playing a game of twenty-one with a high RTP that makes winnings achievable.
UK Slot Sites That Take PayPal
Good news for PayPal slots fans. We have a generous list of best slot sites to choose from where you may use it as a payment method. Most gambling platforms in the United Kingdom have countless online slots titles that will increase your excitement.
So, regardless of the casino you choose to play in, you’ll have a wide range of slot games at your disposal. The best part of PayPal slot sites is that you don’t need to pay by PayPal slots right away.
Discover the Online Casino PayPal Bonus
When playing at the best UK casinos, you should also check out the casino bonus PayPal offers. Bonus offers give players the opportunity to increase their chances of winning great sums of money. What’s more, you may use bonus funds to play new games without paying the stake from your earned cash.
The welcome bonus is a common bonus promotion that a gambling platform has to offer, and some even allow PayPal payment to earn this reward. Welcome bonuses are offered exclusively to new users as they join a British gambling website. Here’s what you should bear in mind before making your first deposit:
- You’ll create and register a new account on an online casino;
- Sometimes, to claim your bonus, you should make an initial deposit;
- Make sure the minimum deposit is not more than £10;
- The preferred wagering should be 35x. Stay away from wagering that goes beyond 50x.
- Want a fruitful experience? Look for no wagering bonuses and keep everything you win.
One last thing you should be careful about is the washout process. If you wish to withdraw your bonus winnings, make sure to fill out the KYC process with accurate data to confirm your identity.
SlotsCalendar Advice: Be sure to check the T&Cs of the welcome bonus you’re choosing since some online gambling websites don’t allow PayPal deposit as the first casino deposit bonus payment method.
Paypal Casinos: Key Takeaways
Casinos that accept it as a payment method spread all across the globe, thanks to its high demand. UK Players of all levels prefer it as it’s easy to use even when making mobile casino payment deposit. With just a few clicks, you can deposit or withdraw your funds safely and fully control your gambling budget.
PayPal casino UK sites are recommended because they include fast transactions, a high level of security, and a lack of transaction fees.
If you were planning to use an e-wallet for gambling activities, our guide could lead you in the right direction. Get ready as impressive bonuses, fast mobile gaming, outstanding game libraries, and friendly customer support await. Choose a site that suits your style, and start betting for real money with the app!
