PayPal casinos review – Safety first!
PayPal is an e-wallet that uses a digital account where you can store, send, and receive money. This makes it ideal to fund your account and for withdrawing regular winnings you might get from playing games and from promos.
Although some players may be afraid of sharing credit or debit card details with casinos, rest assured that PayPal solves this problem by acting as a middleman to ensure that none of your payment details are stored on the casino website.
You put your funds in your PayPal wallet and from there into the casino. That way, none of your payment details are stored on the casino website.
Two ways of keeping your information safe at PayPal casinos are through the General Data Protection Regulation (GDPR) which is designed to strengthen the control that users have over their data and privacy, and the Know Your Customer (KYC) process.
While GDPR protects user data, the KYC process is performed to prevent illegal activities such as money laundering or fraud.
Here at NZCasino, we promote only licensed, safe and trustworthy casinos through our honest NZ casino reviews.
| Did you know? |
|---|
| PayPal has quickly become a global leader in online payment solutions with more than 325 million accounts worldwide. This payment method is available in 202 countries and 25 currencies around the world |
How to use PayPal at online casinos?
To use PayPal as your casino payment method, first you need to have a PayPal Personal or Business account which is very easy to set up through the PayPal website.
After linking the account to your credit or debit card, you will then need to join a PayPal Casino and choose PayPal as your deposit method. Once you do, the casino will redirect you to make your deposit so that you can enjoy casino welcome bonuses.
Are there any fees when depositing and withdrawing at a PayPal casino?
PayPal doesn’t charge deposit fees when used to transfer money to an online casino. However, there may be a transaction fee when you receive winnings back from a casino (these fees are subject to change and may sometimes be absorbed by the casino).
There is a small fee should you choose to withdraw back to your credit card, and a withdrawal limit for PayPal.
How to place a deposit and withdraw your winnings using a PayPal casino?
Placing a deposit with PayPal is easy. All you need to do is:
- Make sure your PayPal account has money in it, or is connected to a bank card for funds;
- Go to the Cashier section of your chosen online casino and choose PayPal;
- Enter how much you want to deposit, making sure you meet the minimum deposit required;
- Wait for the money to appear in your online gambling account;
- Use the money deposited to fund your casino gaming, along with any bonus funds you get.
| Did you know? |
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| Any organisation holding personal data, including smaller businesses and charities, is subject to the GDPR. This applies if located in or offering goods or services in Europe. |
Solutions to common issues when using PayPal at online casinos
Running into problems while playing is nobody’s idea of fun, but there are solutions available to you. Here are some answers to questions you may have:
- I think I may be a victim of fraud. What should I do?
If you think you may be a victim of fraud, PayPal advises you to change your password and update your security questions immediately to protect your account, and report any suspicious activity to PayPal.
- If I made a mistake with my deposit, can it be refunded?
Always check if the terms and conditions cover you if you’ve made a mistake with your deposit before reaching out to contact customer support.
| Did you know? |
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| PayPal uses an integrated risk management system that uses its own intelligence and advanced machine learning to help you fight fraud. |
Pros and cons of using PayPal at online casinos
| Pros | Cons |
|---|---|
| Extra safe and secure thanks to Buyer Protection | PayPal has a reputation for randomly freezing accounts for verification purposes |
| PayPal deposits are not normally excluded from bonuses | Currency conversion rates aren’t very competitive |
| PayPal enables global e-commerce through payments across locations, currencies, and languages. | |
| PayPal is a global brand listed on the NASDAQ stock exchange and is trusted by millions of users and merchants. |
PayPal vs. other payment methods
Casino payment methods vary from banking options such as VISA and Mastercard, to cryptocurrencies like Bitcoin payment.
We’ve compiled the table below comparing payment options, to help you see the differences.
Join us as we find out what makes PayPal a cut above the rest:
| Features | PayPal | MasterCard | VISA | Bitcoin |
|---|---|---|---|---|
| Making and receiving payments is safe | ✔ | ✔ | ✔ | ✔ |
| Option for online payment | ✔ | ✖ | ✖ | ✔ |
| Two-factor authentication process | ✔ | ✖ | ✖ | ✖ |
| Did you know? |
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| PayPal has received more than 20 awards for excellence. These all came from the internet industry and the business community. |
Deposit with PayPal, get amazing bonuses!
We only partner up with safe and reliable online casinos that give their players great payment methods including PayPal, but also generous enough to offer New Zealand players amazing promotions, including free spins when you depositing money with PayPal.
If you like to try out a new casino, we invite you to check our honest and trustworthy reviews.