Top PayPal Casinos 2024 – NZ Casinos That Accept PayPal

PayPal is among the most renowned online payment methods, even far outside the gambling sphere. The platform launched in 1998 as the private company Confinity and was not publicly traded until 2002. The same year, PayPal was wholly acquired by eBay and used as the primary transaction mode for the online marketplace. The cashier channel was not locked out of servicing other industries, and it started partnering with online casinos. In 2015, eBay allowed PayPal to run as an independent entity rather than a subsidiary, which blew up its acceptance in casinos and other internet services. Today, PayPal is available in 202 countries across six of the seven global continents and can be found in hundreds of online casinos as a deposit and withdrawal method.

PayPal supports two types of accounts: Personal and Business. Opening either one of them is pretty uncomplicated. All you have to do to register goes is;

1. Launch the official PayPal site on any browser on PC or mobile
2. Choose which account type you want – If you are planning to use the account to transact with online casinos, it is best to choose the ‘Personal’ option
3. Click on the ‘Sign Up Now’ button
4. Enter the requested info, including a valid email address and preferred password (it must contain eight or more characters and is case sensitive) – the email and passkey are necessary for future login
5. Click ‘Next’
6. Agree to the stipulated privacy policy and terms and conditions
7. Click ‘Create Account’

PayPal sends a confirmation email to the provided address, and clicking on the displayed link confirms the accuracy of the entered info and activates the account. After registration, you can link the platform to a preferred credit or debit card by clicking on ‘Wallet’ on the top menu bar. Add the required bank details either through Bank Verification or Wire Transfer. PayPal requires information like the country of your bank, its name, code, and account number. Finally, verify the provided information using a UnionPay card by entering the verification message code sent to the linked phone number.

Once you have a funded PayPal account, you can use it for real money gameplay. The procedure of cashing into gambling dens unfolds as follows:

• Select an online casino that supports PayPal as a banking method – this information is often included on the landing page footer or in the ‘Banking’ and ‘Terms and Conditions’ sections
• Create an account with the gambling den as instructed on their official page
• Locate the cashier section, which is sometimes placed under the ‘My Account’ category
• Choose PayPal as the preferred deposit method
• On the redirected PayPal page, enter your login details (email address and password)
• Enter the amount to transfer to the casino account, taking into account the stipulated minimum and maximum deposit limits.

Most casinos set minimum deposit limits between $10 and $20. On the other hand, the cashier channel determines the maximum limit. In that case, the highest amount that can be deposited using PayPal is $10,000, and it can stretch up to $60,000 in some cases. However, if your account is unverified, the maximum deposit amount falls far beneath these limits.

Usually, depositing into a casino account using PayPal is instant, and funds reflect as soon as they are sent. However, adding money to your PayPal account from your bank account usually takes 3 – 5 business days, and the funds as sent via eCheck. You can find out when money is bound to arrive in your account by clicking ‘Activity’ on the menu bar atop the homepage and checking the transaction in question for the expected clearance date. Alternatively, you can deposit instantly by linking a debit or credit card to back up the transfer. The linked card is charged only if your bank account cannot be debited.

The processing period of withdrawn funds varies from one establishment to another, ranging from 12 to 72 hours. Once the cashout request is verified, funds reflect in your PayPal account immediately. You can go ahead and transfer the money to your linked bank account using an eligible debit or credit card or request it in the form of a check. Standard bank transfers last 1 – 3 days, while checks last several weeks.

PayPal Fees

PayPal facilitates deposits and withdrawals in online casinos for a fee. While the ideal situation would be paying nothing, the levies applied by this cashier channel are made affordable to support any gambler. Here is a look at what you are expected to pay for different services:

The success of PayPal as one of the best channels to transact when gambling online is rooted in the numerous upsides that serve both players and casinos. The most prominent ones are;

• Wide accessibility in 202 countries
• Free and easy account creation
• Multilingual – supports English, Spanish, French, Portuguese, and many other dialects
• Multicurrency – transacts in NZD, EUR, USD, CAD, NOK, and other fiat currencies
• Secure online transactions
• Available as a mobile app

PayPal nails every element of a reliable online payment method. The easy accessibility of the app on browsers and app stores in 202 countries means it is open to almost anyone. The registration process is a breeze, and so is depositing and withdrawing from your favourite casinos. While fees apply, they are low enough to be negligible. The best part is that security is highly considered, and sensitive information like the card number is not shared with the casino. Find out more about the banking method on its official website before opening an account and enjoying real money games in PayPal casinos.