PayPal Casinos: Best Paypal Casino Alternatives in Australia 2024

Nathan Reynolds

PayPal casinos are online casinos that accept PayPal deposits and withdrawals.

As a revered and secure payment system, PayPal needs little introduction.

This well-established payment method is trusted by casino players worldwide, offering robust protection against fraud. PayPal casinos are a preferred choice amongst Australian players.

In this article, we’ll explore everything you need to know about PayPal casinos, including how to deposit and withdraw, safety features, fees and more.

Our expert team seek out only the highest-quality PayPal casinos. There are currently no PayPal casinos that fit our criteria. So, for now, enjoy these fantastic alternatives.

List of The Best PayPal Casinos Alternatives

What is PayPal?

PayPal is an online payment system that enables you to send and receive money around the globe. Essentially, PayPal acts as an electronic alternative to traditional payment methods like credit cards and bank transfers. It enables users to create an account on its platform, which is connected to a user’s credit card, debit card or bank account. It also acts as an e-wallet.

Once KYC and proof of funds are confirmed, users can begin sending and receiving money to and from other PayPal accounts.

You can read more about PayPal and how PayPal works at their official website.

PayPal casinos are one of the most popular options for making deposits and withdrawals at Australian online casinos.

How to Deposit at PayPal Casinos

Making a PayPal deposit is quite a straightforward endeavour. Here’s how.

  1. Create an account with the PayPal casino we’ve listed and log in.
  2. Head over to the deposit section to see the options available.
  3. Select PayPal as your preferred deposit option.
  4. Enter your desired amount and follow the prompts to link to your PayPal account.
  5. Upon confirmation, the funds should show up in your casino account within seconds.

How to Withdraw Money from PayPal Casinos

  1. Head over to the withdrawal section of the online casino.
  2. Put PayPal as your chosen withdrawal method.
  3. Enter the desired amount you’d like to cash out and follow the prompts to bring up your PayPal account.
  4. Once you’re good to go, the funds should be on the way to your PayPal account.
  5. Usually, the funds take about one day to withdraw, but this can take longer depending on the casino.

Is it Safe to Play at Online Casinos with PayPal?

One of the reasons why PayPal continues to be a dominant force in the online payment scene is its strong focus on safety and security for all parties involved.

A few examples of their measures for added security include end-to-end encryption, SSL (secure socket layer) protocol with 128-bit encryption, browser integrity checks and their own PayPal security key.

Add this along with world-renowned buyer protectionPayPal Holdings, Inc. - Security for Buyers
https://www.paypal.com/us/webapps/mpp/paypal-safety-and-security #
, and you’ve got a pretty good package to keep you and your hard-earned cash safe.

If you want to read more about PayPal security measures, you can find them detailed on PayPal’s Security pagePayPal Holdings, Inc. - Learn About Security
https://www.paypal.com/us/security/learn #
.

Why Use PayPal at Online Casinos?

PayPal is widely used for a reason, and that’s primarily because one can easily connect their bank account to PayPal and instantly enjoy a colossal range of benefits.

These benefits can include security when conducting transactions, a high level of convenience and being able to use it at many locations worldwide.

The major downside would be the high level of fees that one will come across when sending or receiving money via PayPal.

However, here are some of the main pros and cons to help you make the decision that suits you the best.

Pros & Cons of PayPal Casinos

Pros

  • Security: PayPal has their customers covered with state-of-the-art security.
  • Convenience: Its a piece of cake to carry out deposits and withdrawals at a Paypal casino.
  • Widespread: It’s remarkably popular and the paypal online casino is quite common.
  • Instant Deposits: Quicker than an Aussie fast bowler, you’ll be playing online casino games in no time at all.
  • Bonuses: There are sometimes appealing goodies (online casino paypal deposit bonus comes to mind) when PayPal is your preferred payment method.

Cons

  • Fees: There may be fees for using PayPal to make deposits or withdrawals, and PayPal may charge for certain transactions.
  • Limited Availability: It may not be available at all online casinos or in all countries, despite its ubiquity.
  • Slower Cash Out: Withdrawals made through PayPal can have long processing times, which might be frustrating for punters.
  • Verification: Paypal requires rigorous identification and verification, which can take a while.

Limits, Fees and Costs at PayPal Casinos

As with all payment methods, it is sometimes too good to be true.

That’s why we decided to investigate to see if PayPal has any hidden fees, costs or limits when it comes to using a PayPal casino. In this way, there won’t be any nasty surprises for you.

Is There a Deposit Limit and What are the Fees?

The maximum deposit limit you’ll find at PayPal casinos will vary depending on the casino’s policies and the nature of your PayPal account. 

You can send up to $4,000 with an unverified PayPal account and up to $60,000 with a verified PayPalPayPal Holdings, Inc. - Maximum Amount Per Transaction
https://www.paypal.com/us/cshelp/article/what%E2%80%98s-the-maximum-amount-i-can-send-with-my-paypal-account-help286 #
account in a single transaction.

In general, the casinos do not impose a smaller maximum deposit limit, so most players do not have to worry about this.

As for the fees, please always check out the PayPal casino in question to find out if they charge for initiating a deposit. The fees vary from 0% – 2% in addition to eventual currency exchange fees.

As it stands, there are times when a casino that accepts PayPal charges a deposit fee, often before giving a bonus.

Is There a Withdrawal Limit and What are the Fees?

As with the deposit limit, the maximum limit and withdrawal fees will vary depending on the casino and the specifics of your PayPal account.

Withdrawal fees are common when using PayPal casinos. For example, if you withdraw funds and there is a conversion fee or processing fee applied by PayPal to get it back to your account, or by the casino itself.

Check with the casino and see if there are any specific conditions attached when you withdraw funds.

Other Limits and Fees

Paypal tends to have quite a few different fees associated with having a PayPal account, which can include domestic personal transactions, international transaction fees or conversion fees.

Here you can find a comprehensive breakdown of PayPal’s feesPayPal Holdings, Inc. - PayPal Consumer Fees
https://www.paypal.com/au/webapps/mpp/paypal-fees #
across the board.

Features and Apps

Any payment method worth spending time and money on will have a ton of nifty features and apps that can enhance the experience for the customer.

We investigated to see what exactly Paypal had to offer and found some cool stuff.

Features

One of PayPal’s most renowned features is the watertight buyer protection for purchases made through the platform.

For example, if you buy a pair of sneakers and they turn out to be a scam, paying through PayPal entitles you to buyer protection, so your money is safe.

Another bonus is that merchants only receive PayPal IDs, instead of credit card or other sensitive info.

Mobile App

You don’t get such a good rep in the financial biz these days if you haven’t got a world-class app under your belt.

Fortunately, that’s exactly what PayPal has.

The great thing about the app is once you’ve logged in and your info is there, it makes the process even more seamless when processing payments and conducting financial activity online.

It’s a user-friendly app and serves as a convenient, helpful arm of the business, which is what apps should be right?

How to Sign Up at Paypal

As with many things related to PayPal, signing up with PayPal and creating an account is a relatively easy and laid-back process.

Follow these steps and you’ll be good as gold:

  1. Head over to the sign-up page and select the account that you’d like to open (Personal or Business).
  2. Pop in your email and a secure password, and make sure you have access to the email (you’ll need to confirm it).
  3. Enter your details, such as name, phone number and address.
  4. After that’s all sorted, agree to the PayPal user agreement and privacy policy.
  5. Complete the security check by entering the characters you see in the image or audio clip provided.
  6. Now follow the prompts and create your PayPal account! Exciting times.

KYC

Paypal, due to being a company dealing with financial matters, has quite a meticulous KYC processPayPal Holdings, Inc. - How to Complete Your KYC
https://www.paypal.com/c2/webapps/mpp/kyc #
that every single Paypal customer will need to fulfil before using Paypal as a service (including for online gambling).

What you can expect from PayPal is similar to a financial institution like a bank, where you will need to provide personal information such as a government-issued ID (driver’s license or passport), proof of address, bank card, and bank account details.

After the verification process is all done (usually within two working days), you should be good to go.

How Do We Rate The Best Paypal Casinos?

While the online casinos accepting PayPal out there are usually of fairly decent quality, many do tend to be quite poor.

To filter out the worst of the bunch and list the best PayPal casinos, here are some tactics we use.

About Paypal as a Company

PayPal’s origins began in 1998 when a couple of tech entrepreneurs (Peter Thiel and Max Levchin) founded the company under the name Confinity, with the goal of simple, low cost and easy online payments for customers.

Now PayPal is one of the largest internet payment processors in the world. It has an international reach and partnerships with companies such as eBay. Plus, there is an enormous number of merchants that accept PayPal (like Aussie online casino sites).

To this day, the vision remains the same, ensuring fast, easy and secure payment methods online, made easier by connection to the user’s bank account.

Find out more about the PayPal storyPayPal Holdings, Inc. - History & Facts
https://about.pypl.com/who-we-are/history-and-facts/default.aspx #
.

Below you’ll also find some quick facts about PayPal.

Legal Entity PayPal Holdings Inc.
Business Type Publicly Traded Since 2002
Founded 1998
Headquarters San Jose, California, USA
CEO Alex Chriss
Employees (2022) 30,900
Countries active (2022) 203
Currencies Supported (2022) 25
Annual Revenue (2022) $27.51 billion
Active Accounts (2022) 426 million

Fun Fact:

Did you know that Elon Musk was one of the founders of PayPal?

Paypal is perfectly legal to use at an Australian online casino, provided that they have approved the merchant first. In other words, the online casino.

For this reason, online casinos that have PayPal are legit and safe.

Additionally, as long as you aren’t using PayPal to conduct illegal transactions, fraud or suspicious activity, you can use PayPal at online casinos to your heart’s content.

This is partly to thank for the highly regulated and checked nature of the platform.

Does PayPal Disclose Information to the Tax Authorities?

It depends on what you’re using Paypal for.

If it’s solely as a private citizen using it to send money to family or using Paypal for personal purposes, while it can be reported, it may not be automatic (unless requested by tax authorities)

When using PayPal for business transactions, however, PayPal (depending on the region) may be required by law to report your tax status and transactions to the relevant tax bodies. This is to ensure that everything is above board.

How Does PayPal Compare to Other Banking Methods?

To assist you in making an informed decision, we’ve compiled a comprehensive comparison of PayPal against other popular payment options.

Below, you’ll find a concise table that contrasts essential features such as transaction times, privacy levels, fees, and availability at casinos. Whether you’re a seasoned player or new to the world of online gambling, this guide is designed to help you weigh the pros and cons of each payment method with ease.

In this case, we have compared PayPal with credit cards like Visa and Mastercard, Bank Transfers, E-wallets like Neteller and crypto payments, like Bitcoin.

Feature PayPal Credit/Debit Card Bank Transfer E-Wallets (e.g Skrill, Neteller) Bitcoin
Sign-up Required Yes No No Yes Varies
Transaction Speed Instant deposits Instant deposits 2-5 days Instant deposits Instant to 1 hour
Withdrawal Speed Within 24 hours 2-5 days 3-7 days Within 24 hours Within 1 hour
User Privacy High Low (card details shared) Low (bank details shared) High (email only) High (anonymous transactions)
Security Advanced encryption Standard bank encryption Standard bank encryption Advanced encryption Blockchain security
Fees Low to none (casino dependent) None High (SWIFT, etc.) Low Network fees
Availability at Casinos Common Very common Common Very common Increasingly common
Bonus Eligibility Sometimes restricted Usually eligible Usually eligible Sometimes restricted Usually eligible
Ease of Use Very user-friendly User-friendly Less convenient (requires setup) User-friendly Requires understanding of crypto
Customer Support 24/7 support Depends on bank Depends on bank 24/7 support Varies
Chargeback Capabilities Possible under certain conditions Possible Possible Limited Not possible
Loyalty Programs Rare Common (card provider dependent) Rare Sometimes available Rare

Tips for Maximising Your PayPal Casino Experience

To make the most out of your PayPal casino experience, here are some pro tips to consider:

Do PayPal Casinos Offer Bonuses?

Yes, certain PayPal casinos do offer bonuses specifically for using PayPal as a payment method, although they are very rare.

These can include welcome bonuses, deposit bonuses, or even exclusive promotions for choosing PayPal. It’s a strategy to encourage players to use PayPal. This could be because the casino has lower fees when players use PayPal (compared to other payment methods).

It is important to note that most standard bonuses do not exclude PayPal as they do with Skrill and Neteller. In other words, the bonus is not dependent on the player using PayPal specifically.

Responsible Gambling

Playing online pokies at online casinos accepting PayPal can be a fun pastime. They even give you a bit of extra cash every now and then. Still, gambling responsibly is becoming more important than ever.

For Australians, gambling responsibly involves setting limits on the time and money you lay down when gambling, knowing the odds and info back to front, and knowing your limits to a T.

Only gambling with money that you can afford to lose is a wise tactic. Plus, we recommend seeking help if you feel like your gambling habits are becoming a problem. There are many Australian resources out there to get you back on track.

Conclusion

PayPal is a highly beneficial payment option for going about your business at online casinos. And, as discussed, there are plenty of reasons why PayPal casinos are becoming so popular in Australia.

If you enjoy fast, safe and convenient transactions, then PayPal casinos might be perfect for you.

If you don’t enjoy paying fees, then online casinos accepting PayPal may not be the best option for you.

Overall, it’s a highly competitive option with heaps of benefits. Check out our list of top PayPal casinos above to assess your options.

PayPal Casinos FAQ

Do many Australian online casinos accept PayPal?

Absolutely, and you can find the best PayPal online casinos on this page. In general, many casinos will accept PayPal due to the sheer number of people that use it, and the safety and convenience involved.

Can I earn real money at Aussie PayPal casinos?

No doubt, provided that you make a real money deposit and fulfil the wagering requirements, you can generally withdraw money to your PayPal.

Can I claim casino bonuses at PayPal casinos?

There are bonuses (such as deposit bonuses or free spins) at virtually every PayPal casino, as top casinos want to entice and reward their customers.

Is it free to register for a PayPal account?

Creating a PayPal account is completely free and easy, and will instantly give you access to the benefits offered by PayPal casinos once you have been verified on PayPal.

How fast are PayPal transactions at online casinos?

Deposits are usually instant, while withdrawals can take from a few hours up to a day, depending on the casino's processing times.

Can I withdraw my winnings to my PayPal account?

Many casinos that accept PayPal for deposits also support withdrawals. Check the casino's withdrawal policy to be sure.

Can I use PayPal for casino play in Australia?

Yes, you can. Although due to the nature of the Australian gambling market sometimes some casinos might implement restrictions.

Does PayPal charge fees for casino deposits?

When using PayPal to deposit or withdraw at online casinos, you may encounter various fees. The casinos generally do no charge a deposit fee, more often it is a withdrawal fee. Currency exchange fees and cross border fees can also be charged in some cases.

Nathan Reynolds
Nathan Reynolds
Finance Expert
18 Articles
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Nathan is our in house finance expert. He covers everything there is to know about the various payment options available at online casinos, helping you choose the best payment method for you.

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