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Even if you’re not an online gambling fan or you prefer to buy everything in stores, you’ve surely heard about PayPal. It’s the world’s leading e-wallet. PayPal’s influence in online finance is substantial, with many other e-wallets using it as a blueprint. It’s known for its determination to work with reputable businesses only. That’s why the number of PayPal casinos isn’t that large, but they’re all reputable and legit.
PayPal’s name is easily recognizable in the finance industry. It’s one of the favorite options of casino players too. They’re impressed with the security features and the fast processing times with no fees. The best UK online casinos that accept PayPal won’t charge any fees on PayPal withdrawals. You can fund thee-wallet in many ways or connect it to your bank account for seamless transactions.
PayPal is a US multinational financial services technology company. It is mostly known for its online payments system live in many countries around the world. It serves as a digital alternative to money orders and checks. PayPal was founded in in 1998under a different name (Confinity), which was later changed to X and finally PayPal in 2000. One of its founders is Tesla CEO Elon Musk.
The payment system was found right when the iGaming industry started taking off. It didn’t take long for casino sites to get interested in it. But, PayPal is careful who it picks for as a partner. All Online Casinos that accept PayPal withdrawals are 100%secure and legit. The company has very strict guidelines for its payment system, which is proof of a financial services company that takes things seriously. With fast withdrawals and no fees charged, it has become the go-to payment option for many casino fans.
Company name: PayPal
HQ: San Joes, California
Founded: 1998
Fees: Internal fees
Website: www.PayPal.com
List of UK Online Casinos that Allows Players to Withdraw by PayPal Listed Above
There are many advantages of using PayPal at online casinos. It’s not just about the fast withdrawal times, but the security measures as well. Most players consider PayPal the most secure option to withdraw with. It’s also used by millions of people around the world to make all kinds of online transactions. It’s as popular as it gets, and not just in name, but features too.
PayPal uses advanced security algorithms to keep your data in check. Those go beyond simple SSL encryption. Transactions times are instant. If you plan to withdraw your casino winnings with PayPal, the only delays you’ll experience are KYC checks and the casino's approval times. Overall, you shouldn’t wait for too long – maybe a day max. That’s what makes it so convincing and better than other types of casino payment methods.
While there are some internal clearing fees on funding, PayPal casino withdrawals should be free of charge. The best Online casinos with PayPal on this page won’t ever charge fees. On top of this, players love PayPal as it’s convenient to use. It features a great layout that works perfectly on mobile devices. Even if you’re new, you shouldn’t have a lot of trouble making a withdrawal at a PayPal casino.
Withdrawing your winnings from PayPal online casinos is easy. Anyone can complete the process as most casinos will walk you through it on screen. Even if there’s no such thing, you have a step-by-step guide below that can help.
What you should know before withdrawing is that you must pass the KYC check first. This is a standard procedure which aims to verify your casino account. This is done by sending a few documents such as your ID which verify your name, address, and other information. If you don’t pass the KYC procedure, you won’t be able to make your first withdrawal request. After that, it’s easy.
· Log in to your favorite PayPal casino
· Visit the cashier page
· Take a look at the options and choose PayPal
· Click on the predetermined amounts or enter a desired amount
· Click on withdraw
Depending on the casino, you shouldn’t wait for more than a day or two to claim your winnings. That’s only if you verified your account and if the casino approves withdrawals immediately. If it doesn’t, it’ll add to the overall withdrawal time.
As mentioned earlier, the best UK Online casinos that accept PayPal promise instant withdrawals. PayPal itself doesn’t delay any transactions. The only delays are on the casino’s side or the bank account you’ve linked to PayPal.
As for fees, those are linked to internal conversions. Most are based on the percentage of money transferred. In the UK, you’ll pay 2.9% + £0.30 on transactions which is still OK. But, most importantly, there won’t be any charges on PayPal casino withdrawals unless the casino itself charges a fee.
No, it isn’t. PayPal doesn’t work with just anyone. It will only partner up with sites that are reputable and safe. Which is great news because you can trust a PayPal casino when you see it.
No, the best casinos with PayPal won’t charge any fees. PayPal itself will charge nothing. If you’re asked to pay a fee, you should look for another casino.
PayPal casino withdrawals are instant. Unless there are KYC delays or delays on the casino’s side, you should get your winnings immediately.
Absolutely. PayPal is one of the safest payment methods out there. It keeps your money secure using advanced algorithms rarely seen anywhere else.
Yes, you can. Unlike Neteller and Skrill, PayPal isn’t on the excluded list for casino bonuses at the best Online casinos.