Mary Smith | January 4, 2023 | Updated on: January 31st, 2024
A PayPal Casino is among the best e-wallet banking options Australian players can choose from online. PayPal is a secure banking method where players can make deposits and withdrawals. E-Wallet banking services trusted by Aussie gamblers.
Our guide below shares what PayPal is and how you can create your account to deposit funds. We also share the benefits and drawbacks of using PayPal online.
PayPal is a financial services provider that allows you to make and receive payments in over a hundred currencies and withdraw real money from over 56 global currencies. Most casino sites offer PayPal as a banking option.
If you have a PayPal account and the casino you’re playing at has it as an option, you can transfer money directly into your casino account using PayPal.
How to Create a PayPal Account
Setting up PayPal is the first step if you want to use it as a banking option at a casino. The registration process is simple and easy to follow. All you need to have on hand are your banking details and email address.
This information will be required when setting up your account. PayPal allows you to send real money to your PayPal account from your account. Below is a step-by-step process that you can follow to create your PayPal account:
1: Set up a PayPal using your active email address.
2: Follow the prompts to sign in to your accounts and add your banking details.
3: Transfer funds into your account and confirm your transaction once completed.
Use PayPal to Make Casino Deposits.
Below are the steps to use to deposit:
Go on over to the casino’s banking section and select PayPal as a banking method.
Type in the amount of money you want to deposit. Make sure the casino above the minimum requirement stipulates it.
Your money will reflect immediately if your PayPal account has enough funds.
You can begin to play real money games at your casino.
Casino Withdrawals Using PayPal
The withdrawal process differs because casinos take a little longer to release your funds. This takes a while because a vetting process ensures that the right person gets their money. However, PayPal has one of the fastest payout times compared to other e-wallet services. Below are the steps you can take to cash out your winnings:
Check that you meet the wagering requirements before cashing out.
Submit the required documents for the casino to verify your identity. The necessary documents are a copy of your I.D and utility bill.
You will then type in how much of your winnings you would like to withdraw. This amount should not be smaller than the minimum or exceed the maximum limit.
Wait for your withdrawal to be processed by the casino. Once it’s completed, your money will reflect in your PayPal account.
PayPal Fees and Processing Times
When transferring cash into your casino account using PayPal, the casino account won’t charge you. However, PayPal may have a separate fee for transferring money into your casino account from them. Check the terms and conditions before creating a PayPal account to avoid disappointment.
PayPal Casino Mobile
You can use your mobile device to set up a PayPal account. You can also make deposits and withdrawals directly to the casino with your smartphone device. Most casino sites have been optimised to fit your mobile screen.
Advantages of Using PayPal
It is a safe and secure banking option to use.
Allows the use of over a hundred currencies.
Turnaround time for processing deposits and withdrawals if quick.
Disadvantages of Using PayPal
Casino sites that offer PayPal as a banking method are limited.
You can gamble at some of the best casino sites in Australia. One of our top PayPal casinos is Jackpot Jill. You can claim some of the best bonuses and promotions.
Gambling with PayPal is easy. All you need to do is select PayPal from the banking options; follow the instructions to fund your account, and then you can enjoy real money games.
Depositing funds into your casino is easy. Before you can play for real money, make sure that your PayPal account has funds, then select PayPal as your preferred method of depositing at your choice of casino.
What is PayPal?