Which online casinos offer PayPal?

PayPal is one of the most popular payment providers worldwide. According to PayPal, over 15 million Germans use the service. Reason enough to spread the option to use PayPal to online casinos. Not every casino offers deposits and payments using PayPal. That is because PayPal only allows specific casinos to use such payment methods. On the other hand, some casinos also refuse to use PayPal on the grounds of gambler protection. This is because PayPal is a company that saves the information all the time from clients around the world that use PayPal. However, this does not mean that an online casino which accepts PayPal is not serious about the data that PayPal collects.

Which options does PayPal provide?

One of the reasons that the payment platform is so popular is because it offers anonymous payment. After registering an email address and making a deposit into a bank account as well as a test transfer, PayPal allows small and medium amounts of money to be transferred and received. Payments between PayPal accounts can take just a few seconds, which is an advantage in the online casino industry where other payment methods take much longer.

Which online casinos offer PayPal?

• With Novomatic Software: Quasar Gaming, Stargames, Ovo Casino
• With Merkur Games: DrückGlück, Sunnyplayer, Sunmaker, Lapalingo
• With Netent Games: 888Casino, MyBet Casino
• With Bally Wulff Games: Casino Club, Blue Lions

Payment using PayPal and duration

The greatest advantage of payment using PayPal is the speed. If a deposit is made using PayPal in an online casino, this appears within seconds on the gamer’s account. This is also true of disbursements from the casino to a PayPal account. It takes only a few seconds before the payment can be seen. The final payment from PayPal to a bank account takes the usual transferral time (2 to 3 working days).

A disadvantage using PayPal is the fee. PayPal charges 35 cents for every payment of a lump sum. The charge can be as much as 1.9 % of the total value. For larger payments, such as €500, this can incur charges of €9.85. Therefore, each player needs to decide for themselves whether the speed of the transfer is justified. As an alternative, many online casinos also offer SOFORTÜberweisung (“immediate transfer” service).

 
Special PayPal bonuses

Some online casinos offer bonuses to players who make deposits using PayPal. This can have several reasons. The charges from PayPal are lower than those of credit card companies, which means it is cheaper for casinos. Some online casinos give a part of their savings back to players in the form of a bonus. Payment using PayPal also means lower risk for the online casino because the money is transferred at the same time that the payment is made.

Limits to payment

Payment using PayPal is possible for 50 cents or more and the upper limit is somewhat undefined, so the payment of several thousand euros also poses no problems. Many online casinos limit the highest payable amount of both deposits and payments. Normally, it is to protect against money laundering where the exact motives are not always obvious.