Casinos that accept PayPal deposits
PayPal, along with other e-wallets including Neteller and Skrill are just some of the ways you can fund your mobile casino account. They are an alternative to using credit and debit cards, and they are just as safe and secure. Not only is it one of the most popular and trusted e-wallets, but PayPal is also a very convenient way to deposit and withdraw. Deposits are instant just like depositing from a bank account, but unlike a bank account where withdrawals can take between three and seven days to hit your account, they can be in your PayPal account within 24 hours.
The Advantages and Disadvantages of using PayPal
PayPal uses advanced encrypted security software to ensure that your account and transactions are secure. As we have mentioned above, one advantage of this payment method is the fast deposits & withdrawals, but they also have ‘PayPal Buyers Protection.’ The policy will protect your tractions should something go wrong, or get you a refund if transactions are made that you did not authorise.
One of the disadvantages is you will need to keep your PayPal account to keep it topped up, if you use your bank account to fund your casino account, the funds are readily available. Another significant difference between using a bank account and an e-wallet is you may need to pay transaction fees depending on what bank you use and the agreement that they have with PayPal. If you are playing at a casino that does not accept your currency and you have to do a currency conversion, you will have to pay a fee between 0.4% – 7.4%.
Deposit and withdrawal limits
Online casinos have their deposit and withdrawal limits, as does PayPal. Their minimum deposits and withdrawals are usually £10, and the maximum can be anything from £5,000 to £10,000, depending on the casino’s withdrawal policy. Most casinos offer a first deposit bonus, but not all of them make the first deposit by PayPal eligible for the bonus. We advise you to read the T&Cs regarding the bonus policy and deposit methods.