PayPal can be used to deposit and cash out funds quickly at online casinos account with minimal costs and uncompromising security.

Founded by Elon Musk and four other guys in 1998, PayPal became known worldwide in 2002 before becoming a subsidiary of eBay. Over the years, it expanded its reach globally and today it is accepted at tens of thousands of Internet merchants. It allows casino players to deposit and withdraw profits quickly, securely and with minimal costs. The e-wallet is intuitive, user-friendly and anyone can sign up for an account for free and link credit, debit and prepaid cards.

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PayPal is an American company and one of the most popular online payment methods in the world. Millions of international merchants and sellers accept PayPal, which means that all consumers need to do is choose PayPal as their checkout option, and they can complete quick and secure transactions. PayPal is currently used by 255 million people in over 200 countries.


PayPal was established in 1998 and launched its IPO in 2002. That same year, it became a subsidiary of eBay. It split from eBay in 2015 but still continues to serve the site’s buyers and sellers. In 2019, PayPal was ranked 204 on the list of Fortune 500 largest U.S. corporations in terms of revenue.

How it Works

Simplicity is at the core of PayPal’s service, which is why it has been a globally popular payment method for over 20 years. There are two types of PayPal accounts: Personal and Business. 

Personal accounts allow users to shop online, send payments, request payments, and buy and sell on Ebay. Signing up is easy — just enter a few details, add your credit card, and you’re set to use PayPal instead of entering financial information. Personal users can buy things without incurring any fees from PayPal, unless currency conversion is involved. (Sending euros within the EU is also free.) Sellers, however, are charged fees for domestic transactions, international sales, and multiple currency transactions.

Withdrawing from a personal account is easy and free up to a certain amount. Funds can usually be withdrawn to bank accounts or credit cards.

Business accounts offer two main solutions: Allowing businesses to accept PayPal on their websites and allowing business owners to send customised Detailed Payment Requests via email. Opening a PayPal business account is free, and companies only pay a fee for selling goods and services after they get paid. Business accounts come with specialised customer support and allow businesses to accept payments in more than 20 currencies and from more than 202 countries. Payments made to companies via PayPal reach business accounts in just minutes.

Mobile Support: Irish PayPal users can download apps for both Android and iOS so they can easily use PayPal when on the go.

How to make a deposit using PayPal

If you have a funded PayPal account you can deposit to your online casino in just four steps:

1. Select PayPal as the desired banking option at the casino
2. Indicate the amount you want to deposit to the online account
3. A pop-up window will take you to PayPal to confirm the transaction
4. Accept the money transfer and the funds will be deposited instantly

How to withdraw from a casino using PayPal

The beauty of PayPal is that you can also use it to cash out profits in just three steps:

1. Go to the cashier section and choose PayPal for withdrawal
2. Enter the amount you want to withdraw and confirm the transaction
3. Wait for the casino to verify and approve the money transfer

Safety & Security

There are many e-wallets accepted at online casinos, but PayPal is widely regarded as one of the most secure. This payment method has passed the test of time with flying colors and improved its security over the years. It is one of the largest US corporations by revenue and it is licensed in the United States, European Union and several countries around the world.

PayPal uses the most up-to-date encryption technology to keep user information safe. Transactions are monitored 24/7 to reduce the risk of fraud, phishing attacks, and identity theft. 

Additional security measures include Buyer Protection and Seller Protection. 

Buyer Protection provides coverage for eligible items purchased online that don’t arrive or that don’t match the seller’s description. PayPal offers reimbursement for these items and even covers the cost of postage. Terms and conditions apply, so it’s up to users to check that Buyer Protection will be applied to each purchase.

Seller Protection provides coverage for sellers if a buyer claims he never got what he ordered or if the seller receives an unauthorized payment. PayPal can help vendors get the full amount for a claim if they meet all the eligibility requirements. For example, documentation of delivered goods and services must be provided, which is typically proof of postage or proof of delivery. 

Like Buyer Protection, there are exceptions to Seller Protection, so sellers should make sure to read the fine print and always save documentation from transactions. 

Customer Support

PayPal offers customer support via phone, in-site messaging, and email. There is also a massive Help Center that includes a Community Forum, Resolution Center where users can track their disputes, a Tax Center that includes tax forms and other resources, and FAQ pages.


How fast are PayPal deposits?

Deposits are performed instantly if you have money in your PayPal account or from a linked credit card.

Can I cash out instantly with PayPal?

Withdrawals usually take less than 24 hours, and even less if the casino releases the funds quickly.

Are there fees for depositing at an online casino with PayPal?

If you have money in your PayPal account there will be no fees, otherwise you’ll be charged 2.9%.

Can I use PayPal at online casinos in my country?

The e-wallet is accepted in most countries, but you should check with your casino of choice.

How good is PayPal compared to other e-wallets?

PayPal is one of the best e-wallets in the world, regarding speed, security, global reach and reputation.

PayPal Online Casinos

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