Overview of the Best PayPal Casinos in the UK

Last Update: August 2, 2016 by Edward Lowe

E-wallets are one of the most widely used payment methods and a fast and easy way to handle funds when playing at online gambling sites. An obvious choice for most players in the UK and worldwide for that matter is PayPal. However, despite its popularity and usefulness, not all Online Casinos offer PayPal as a banking option.

On the bright side, the strict security requirements imposed by this payment processing company play the role of a filter and you can be sure that PayPal casinos are not only licensed, but also safe and fair.

And still, finding the right Online Casino to play at can be hard, especially for the untrained eye of the beginner. Experienced players know that making the wrong choice could have serious consequences, marking the difference between a fun and profitable gambling experience and a poor one, that could end in you losing real money. So, we thought we’d make it easier on you and simply give you what we came up with during a long and thorough research process: the list of top UK Online Casino Sites that offer fast and most of the times free transactions with this banking method. You can find more casinos that accept PayPal @bestcasinobonuses.co.uk

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Three Simple Steps to Making Fast and Easy Deposits at a PayPal Casino

Making deposits with PayPal is fairly easy. Nevertheless, players will first have to complete several steps before they are able to use this e-wallet at gambling sites. First of all, you will have to sign up for an account. This is free of charge and it takes a couple of minutes. You will be asked to provide your personal information including name, surname, home address, phone number. Naturally, you will have to confirm your e-mail address and then verify your brand new account. This last step is done by using a debit, credit card or personal bank account.

When all of these steps are completed you will have a fully functional e-wallet that will have to be topped up before being used as a payment method. The account can be funded using one of the offered methods such as credit card or wire transfer. Finally, with this digital wallet, players can start funding their accounts. All they have to do is choose it as a payment method, select the amount they wish to deposit and enter their username and password. Within seconds, the credits will be added to their account balance. Moreover, some operators offer a special bonus for PayPal deposits.

Withdrawing money is as simple as making deposits via this e-wallet. Naturally, players first have to choose it as a banking option and then use it at least once for making a deposit before they request a cash-out. When players make a deposit, they provide all the necessary information and hence it can be later used for withdrawals. Depending on the casino, there can be low or high withdrawal limits i.e. maximum and minimum amount of cash that can be withdrawn per transaction. (detailed explanation at bestcasino.co.uk)

There are Online Casinos that will payout as little as £5, whereas there are Casino Sites that won’t accept cash-out requests for less than £30. In addition, certain operators have a shorter PayPal withdrawal processing time than others. Leading PayPal casino operators such as 32Red provide instant withdrawals via this method, while at other sites players have to wait from one to five business days.

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Are There Any Transaction Fees for the Players?

Understandably, what many people are wondering about is whether using this banking option comes with processing fees. Well, opening an account is completely free of charge, but some fees may occur later. In any case, most operators do not include charges for making deposits and withdrawals with this banking option. Therefore, it can be said that signing up for an account and using this method at gambling sites is free. However, there are some situations in which users will have to pay a small amount of money.

Even though processing payments is completely free of charge, sending money using a credit card, in a different currency or making an international transfer, especially outside the UK includes a relatively small fee for the service – 3.4% + 0.20p. In comparison to fees for using other payment options at gambling sites, it can be concluded that this is a relatively cheap and reliable method that can be used anytime, anywhere. In addition, it is a great thing that players can transfer money between sites free of charge. Being able to do this is of high importance to those who have more than one casino account and want to be able to use the funds won at one site for playing at another site. All in all, this is an e-wallet that provides instant payments that are perfectly safe and secure.

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Yes, You Can Also Make Payments on Mobile Devices

Nowadays playing games on mobile devices such as smartphones and tablets has become a huge hit among players. Therefore, leading operators launch their mobile versions and mobile applications that support devices which run on iOS, Android, Blackberry and Windows Phones. All PayPal casinos also allow deposits and withdrawals via mobile devices. Hence, those who want to use it as a payment method can do so anywhere and anytime thanks to these high-quality mobile gambling platforms.

Those who worry whether using this banking method at mobile casinos is complicated should know that this process is even easier than making standard money transactions. Below you can find a video that explains the process of making a deposit at your chosen mobile casino using this digital wallet. As you can notice, everything takes no more than several seconds and all you have to provide is your PayPal profile information. The same can be said for withdrawals that also take only several seconds. Players have to remember that the standard deposit and cashout limits apply when you are transferring money via a mobile device as well.

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How Does PayPal Guarantee Safe Online Casino Transactions?

Naturally, whenever players are about to make a payment at casino sites they wonder whether their information is secure. Therefore, players are asking themselves whether this digital wallet is reliable and how they can be sure that it is safe. Well, the answer is very simple actually. For example, when a player is making a deposit via PayPal he or she is never required to provide personal or credit card details. All they have to enter is their username and password as well as the amount they wish to transfer. This way, sensitive information that could be used by third parties is safely stored on PayPal’s servers.

When it comes to the payment processor itself, players have absolutely no reason to be afraid of a possible fraud since the company is investing lots of time and resources in being as safe as possible. First of all, the company uses an SSL protocol and 128-bit encryption and that is great reassurance that PayPal casinos which are licensed in the UK are the perfect choice. If this doesn’t sound familiar, then you should know that encryption technology makes it impossible for third parties to steal and/or read the information provided by customers. In addition, it holds the reputable TÜV certificate for transaction security and it is regulated by the CSSF. One of the most notable features is the security Key that helps you guard your personal account. Security keys are sent upon request and they expire within several seconds. Therefore, even if someone finds your log in details and tries to enter your profile you will instantly know about it. Finally, the two last protection tools provided are the Customer Service Pin and the SMS notifications. These security measures ensure that players will have a 100% safe gambling experience at any PayPal casino.

Understandably, even though PayPal is trying its best to keep you and your details safe, there are some things that you can do to protect yourself as well. The level of protection can be further increased by, for example, using strong passwords. It is always advisable to use passwords that contain letters, numbers and special symbols as well as passwords that cannot be easily related to you such as nicknames or birth dates. Another thing you can do is always lock your phone if you use mobile PayPal as well as avoid logging into your account using public Internet connections.

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15 Years of Successful Company History

Believe it or not, this is a company that has been on the market for more than 15 years which is constantly growing and breaking new grounds when it comes to online payment processing. The idea of an online payment system was, in fact, born in 1998 by Max Levchin, Peter Thiel and Luke Nosek. In August, 1998 Thiel gave a lecture at Stanford on the link between market globalization and political freedom. This is when Levchin introduced himself to Thiel. In September the same year they launched Fieldlink, a company that allowed users to store encrypted information on PDA devices and later they came up with another name. The company was named Confinity (confidence and infinity) and it became PayPal in 2000 after it merged with X.com.

After two years, the company was sold to giant eBay and faced up the competition including Citibank’s c2it-Service, Yahoo’s PayDirect-Service and Western Union’s BidPay-Service. It can be said that 2002 was a very important year since it soon reached the number of 100,000 accounts after it partnered with eBay. From that moment on the company has been successfully working and serving millions of customers all around the world. Its next milestone was achieved in 2007 when the company announced that it was going to be regulated as a bank by Luxembourg’s banking supervisory authority CSSF. This put the company one step ahead of its competitors and motivated customers to trust the company even more than before. Even though eBay and PayPal have been partners for many years and people couldn’t image one of the brands separated from the other, in 2015 everyone was surprised when they revealed that they are parting ways. However, there is a valid reason for that: this move will make it possible for the enterprise to be more flexible as well as independent for partnerships with eBay’s competitors such as Amazon and Alibaba.

Currently, Dan Schulman has the role of CEO and the company’s headquarters are located in Luxembourg. Even though it may seem incredible, this payment processing company has over 230 million member accounts and it is present in 190 different markets. Users of this digital wallet can choose between 25 different currencies and the platform is available in multiple languages as well. One interesting fact is that in November 1999 the company started rewarding users for referring their pals. Plus, first-time users were given $10 simply for joining the community.

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Small Disadvantages and some Alternatives

Users shouldn’t be surprised when we say that there are certain disadvantages that come with this e-wallet. There is nothing in the world that is perfect and hence PayPal has its weaknesses, no matter how small, just like all other products in other industries.

The first main con of PayPal can be spotted in its Buyer Protection policy. Namely, users have 180 days after they have made a purchase in order to open a dispute if they are not satisfied with the item or the service. The two situations that are covered by the Buyer Protection are: item is not in a good standing and item doesn’t correspond to the seller’s description. However, the problem here is the fact that the payment processor gets to decide whether your opinion is right or wrong. Hence, if the company decides the seller didn’t do anything wrong there is nothing you can do in order to get your money back. The second problem that can arise is having your account frozen without any clear explanation. PayPal is a private company and therefore they don’t need permission to freeze anyone’s account.

Just like PayPal, Skrill is an e-wallet that can be used for both making deposits and cashing out winnings at casino sites that hold a UK gambling licence. Skrill is a popular payment method because it makes it possible for players to instantly top up their casino account as well as to quickly cash-out. Another similarity between the two is the fact that using this digital wallet is usually free of charge when it comes to casino operators, but the company may charge small fees.

Every list of top three e-wallets includes the previous two and, of course, Neteller. Accepted at most of the gambling sites, Neteller is probably even more often found in the list than PayPal. Just like the other two e-wallets mentioned above, it provides deposits and cash-outs that are completed within several minutes. Also, operators almost never have fees for using Neteller. Quite the contrary, some casinos even offer bonuses for those who top up their account using this popular e-wallet.

Visa is a commonly used credit card whose logo is present at almost every UK gambling site. Even though some players have second thoughts when it comes to entering their credit card details at a casino site, using this method is very convenient as well as safe. While Visa deposits are almost always instant, players usually have to wait between 1 and 5 business days to get their money transferred when cashing out. Some fess may apply.

Besides e-wallets and credit cards, another type of commonly used payment methods are prepaid vouchers. Such a voucher is Paysafecard, which can be bought at hundreds of retailer stores. Paysafecard is an easy to use and safe deposit method. This card can be purchased for a different price, depending on the number of credits you want to upload. Once you have it, all you have to do is use the information provided on the voucher in order to make an instant payment.