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Best Paypal Casinos in the UK

We are aware that there are tons of online casinos in the UK that accept PayPal as a means of deposit and withdrawal payments. Therefore in this guide, we have curated a comprehensive list of the best of such casinos for you. 

This guide will also introduce you to what Paypal is, how it works, and a full list of UK casinos that offer PayPal as a method of payment. 

Best Paypal Casino in the UK - PlayOJO

To pick the best PayPal casino, we have considered a number of factors such as fast or instant withdrawals, lowest deposit/withdrawal amount and the highest withdrawal amount with PayPal.

Our top casino pick is PlayOjo. PlayOjo ticks all our boxes as it has no set wagering requirements, you get to keep all your wins without any restrictions. 

There’s also no limit to your minimum withdrawals which means PlayOjo lets you withdraw any amount you like at any time. 

Most importantly, there is no fixed limit to how much you can win while playing on PlayOjo. You’d hardly get an offer like this on any other site.

What is PayPal?

PayPal is a globally recognized online payment system. It is a system that makes paying for things online, sending and receiving money safe and secure. PayPal facilitates payments between two different parties through online transfers. It allows customers to establish an account on its platform, which is connected to a user's card or checking account.

As soon as identification and proof of funds are confirmed, users can begin sending or receiving payments to and from other PayPal accounts online or through the company's app, you can proceed to settle your payment transactions and link your credit card or debit card to your PayPal account, you can also use PayPal to make purchases online on websites that offer it as a payment method.

PayPal is the world’s most popular e-wallet, with more than 200 million active users. PayPal allows users to make and receive online payments without disclosing sensitive personal information whilst fulfilling this process.

How Does PayPal Work? 

What Paypal does is that it acts as a middle man between two parties during the process of a financial transaction. From an individual to business perspective, PayPal takes away the burden of unnecessary haggling or processing of payment from the shoulders of the company involved and handles the transaction flawlessly. This way, both parties involved are happy.

PayPal is not entirely free but the fees are very low and almost unnoticeable. One way that PayPal gets their profit is through the fees they charge to a payment's recipients. Though most transactions are free for the average user, merchants pay a fee on transactions. 

PayPal also collects interest on money left in PayPal accounts. All the money held in PayPal accounts is placed into one or more interest-earning bank accounts. The account holder doesn't receive any of the interest gained on the money while it sits in a PayPal account.

Furthermore, PayPal boasts of its attention to detail when it comes to the security measures it has put in place to ensure the safety and smooth running of its customer’s transactions. An extra layer of security is provided by a two-factor authentication (2FA) method six-digit code when the user attempts to log in. PayPal sends the code to the user's registered phone number. When entered, the code allows access to the PayPal user's account.

What Services Does PayPal Offer?

  • Send money securely to friends and family around the world.
  • Shop online in more than 200 countries and regions.
  • Use your credit card and earn rewards.
  • Donate to your favourite charity.
  • Receive payments from customers to 
  • Check out quickly at several of your favourite online shops   
  • PayPal’s smartphone app enables you to use PayPal on the go

Privacy and Security

With PayPal, you can be assured that your personal information is in safe hands. Paypal runs an encrypted security system such that your details cannot be accessed by third parties on the internet. The collection of data, privacy, and security are all operated according to all applicable laws and regulations.

PayPal has one of the most secure payment methods in the world. It has teams dedicated to monitoring fraudulent activities and hacking 24/7 and a team that helps to settle problems between buyers and sellers.

Inactivity Fees

PayPal has recently added an inactivity fee. Accounts that have money in them and haven’t been used for more than 12 months will be charged a £9 annual fee – or whatever the balance in the account is if it’s less than £9.

The money is only taken from your PayPal balance, not a linked card. If you’re not planning on using PayPal for a while, you might want to consider withdrawing your balance to avoid the charge.

Sellers’ Fees

While it’s free to receive money from family and friends through PayPal, there are fees attached if someone sends you money as part of a sales transaction. In the UK, this is set at 2.9%. 

Other Fees

As businesses receiving money pay the charges, occasionally they will pass this cost onto the consumer by charging a PayPal fee. Some casinos will charge commission for using PayPal, such as a percentage or flat fee, as it helps them recoup their costs. While the top PayPal casinos on our list don’t charge these fees, it’s something to look out for if you regularly use different gambling sites.

In addition, online casino sites generally do not charge a fee to deposit with PayPal but some might impose a small charge. However, PayPal charges 2.9% to deposit using a credit card or debit card. There is no fee to use an existing PayPal balance or an electronic funds transfer from a bank account.

A Step-by-Step Guide To Creating a PayPal Account

1 Go to www.paypal.com and click Sign Up

When the site is done loading, you will find the Sign-Up Button located in the top-right corner of the page. Click on it and it will prompt you to the next step.

2 Select Sign Up for the type of account you want

There are two options you can choose from at this stage which are the personal or business type of account. We are assuming that you would want to use a personal account, so go ahead and pick “personal account”.

3 Enter your country, email address, and password

The next step is to fill in your basic details for the new account. After you are done, you can proceed by clicking

4 Enter your other personal details

For this next stage, PayPal will need to verifiably connect your account with your credit card, debit card, or bank. You will need to enter your details for this

5 Link your credit card to PayPal

The next step is to link your credit card or debit card to your PayPal account. This step is optional but it allows you to shop for stuff online using your credit card.

6 Link your bank account to PayPal

Linking your bank account(s) to your PayPal account doesn’t have to be something that you do right away. With this, click I’ll Link My Bank Account Later and also click the button that appears after this to confirm.

7 Verify your email address with PayPal

The last thing you will need to complete your sign-up or registration is to verify your email address. Without this, you will be unable to use your PayPal account.  Log in to your email where you should find an email from PayPal titled “Welcome to PayPal” and click on it to open it.  Then just click the blue “Yes, This is My Email Address” button in the email.

Why use PayPal on Online Casinos?

Pros

  • It has 24/7 customer care support ready to attend to your needs
  • It has a sleek and easy-to-use design which makes it user-friendly and easy to navigate.
  • It follows the stipulated laws and regulations that govern their operation
  • It has a tight and encrypted security system 
  • It ensures that your data is safe and secure which means no third party has access to your data.
  • E-wallets like PayPal, are the fastest withdrawal method, with some websites even offering instant withdrawals for PayPal users
  • You can play at any PayPal casino with just one account
  • PayPal offers 24/7 monitoring to combat fraud, email phishing, and identity theft
  • PayPal is licensed and fully regulated
  • The service offers high maximum deposit and withdrawal limits
  • You can store multiple bank cards and accounts in one e-wallet

Cons

  • No buyer protection for gambling transactions: PayPal offers a buyer protection scheme for certain goods and services online, meaning refunds can be given if you run into problems, this coverage no longer extends to online gambling transactions. This means that if you feel you’ve been misled or scammed by an online casino, PayPal can’t help you get your money back
  • Not universally available: Although, PayPal is globally recognized. It is not available in every country in the world so its scope is still somewhat limited

Deposits and Withdrawals using PayPal on Casinos 

All PayPal casinos accept deposits and withdrawals from registered users, but there might be some extra conditions.

For instance, certain sites might only permit you to deposit through PayPal and they might limit the amount you can withdraw using PayPal. Others might make it mandatory for you to use PayPal for withdrawals if you used it to make your deposit.

FAQs

How does PayPal work?
What is PayPal?
How safe is PayPal? 
Who owns PayPal?
Which online casinos accept PayPal?
Which countries accept PayPal gambling?

Steven is responsible for all content on BettingGuide UK. He is an experienced iGaming content writer that has been working in the industry since 2018. If you have any questions regarding online gambling in the UK, don't hesitate to contact him.

Last updated: 12/22/2021