Since its launch in 1998, PayPal has become the leading name in electronic payments services. The reason? PayPal has a lot of benefits, especially for online gambling.

PayPal is an especially smart choice for UK gamblers. In 2020, the UK government outlawed the use of credit cards for gambling. While you can still use debit cards and any other cards that your bank might issue, some banks have become much stricter, and many would rather not have clients that their accounts for any gambling purposes whatsoever. Many UK gamblers now use PayPal so that they have a buffer between their gambling activity and their bank.

Below, we’ve summarized the perks you should expect from using PayPal in the UK to gamble at top slot sites:

• PayPal is one of the quickest and easiest deposit options to use at an online casino. Forget the hassle of entering 16-digit card numbers, card holder names or expiry dates. To make a PayPal deposit, you just need to enter your username and password.

• Similar to deposits, PayPal withdrawals are also straightforward, and take less than twenty-four hours, which is faster than most other methods that are available in the UK, like bank transfers.

• PayPal is fast to set up and uncomplicated. All you need to create your account is an active email address, and you’ll be able to sync your PayPal account with your bank account in minutes.

• There’s even an extra level of security when you deposit at a PayPal casino. You never need to enter any personal banking information to make a deposit. Your financial details are protected by PayPal, as they’re never shared with the casino.

• PayPal also comes with a host of safety measures, including Fraud Protection, Purchase Protection and SSL data encryption.

• Since PayPal is in big demand, many?brand new online casinos in the UK?will accept PayPal as a deposit and withdrawal option.

• PayPal must approve the online casino that wants to use its services, and this acts as a guarantee that the gambling site is legitimate and trustworthy. For example, for a casino to offer its services in the UK and list PayPal as a payment option, it needs to be licensed by the UKGC.

Getting Started With PayPal

Before you use PayPal to deposit at an online casino, you’ll first need to create a PayPal account. Setting up an account with this e-wallet couldn’t be easier, and it only takes a few minutes. Below, we’ve created a step-by-step guide to creating a PayPal account, so you can get started with online gambling.

• Step 1

  Click “sign up” on PayPal’s website, register your email address, and create a password.

• Step 2

  Fill in some basic details such as name and home address, tick the T&Cs box, and click “Agree and Create Account”.

• Step 3

  Add funds into your account or link it to a bank account to make payments online. And that’s it! You can now use your PayPal to deposit at a top UK online casino and start playing games.

When making online casino transactions, you might get charged a processing fee from the casino’s side for either deposits or withdrawals. These fees are individual to the casino and will vary from site to site. Most UK casinos will not charge you any fees when using PayPal, although there may be exceptions here and there.

PayPal won’t charge you any fees for making any sort of commercial transaction as a consumer, so you won’t have to worry about any extra costs for your casino deposits. This is true no matter where you’re playing from.

If you withdraw your casino funds back to your PayPal account, you might want to then transfer them to a bank account or card. This is where using PayPal in the UK is quite an advantage because you won’t get any fees for withdrawing money from your PayPal to a local bank or card. You will get charges a 3% fee if you withdraw money to a US bank, on the other hand. However, most PayPal users in the UK will likely never face that issue.

Note that if your deposit or withdrawal from PayPal involves a currency conversion, you will be charged a fee, and the amount depends on the currency itself. We recommend sticking to UK casinos where you can deposit and withdraw using GBP to avoid such fees.