Paypal is a popular banking option worldwide, so it is no wonder why it’s becoming actively used at gambling sites. Today we will discuss the benefits and drawbacks of casinos that accept PayPal, cover their main features and give some tips on choosing a good place. We will also present some PayPal alternatives for players who are uncomfortable with using this payment system.
🔥 Best Online Casinos updated: 27 Sep 2021 20:11:48
📍 How we rate PayPal casinos in India
We would like to start with an overview of our rating process. It will help you find the best PayPal casino that will suit all your needs. We will outline the important criteria to analyze and highlight the points you should pay special attention to. Some of them might not be obvious even to experienced players, so read attentively not to miss the important details.
Good PayPal accepted sites in India should operate under a legal license. There are no exceptions to this rule and we strongly recommend ignoring all the sites that don’t have a license. They are unreliable and illegal, they are not regulated in your country and your winnings may easily be blocked at such sites.
For this article, the banking system may not seem an important criterion as we are talking about PayPal online casinos here, but there are some things to take into account. For example, you should look at the transaction fees, minimum and maximum deposit and withdrawal limits, as well as the transaction processing time.
Of course, the game collection is essential for any casino. We recommend analyzing the number of games and game types available at a specific place, checking out the software providers behind them, and testing the performance of games on your devices.
Getting free value is always good, so the promotions are a thing to analyze too. First of all, look at the number of promotions available, then assess their generosity. Note that reload bonuses and other promos with multiple activations are more beneficial in the long term. We also recommend reading the bonus terms attentively, paying special attention to the wagering requirements.
VIP clubs and loyalty programs should be rewarding in the long run. Whether they are available as simple comp points or comprehensive layered programs, they should grant enough value and features to be beneficial.
PayPal is a safe and comfortable banking option that is popular and trusted worldwide.
The security of any PayPal casino India is essential for the player. When making an account at the casino, you have to enter your personal information and provide the necessary documents to confirm your identity. This procedure is necessary according to the gambling regulations and the casino has to store this information. Therefore, in the case of a data breach, all your personal information may be exposed. The security of transactions is also important as your financial information is as well transferred in the process of making deposits and withdrawals.
An event, in which third parties get access to the customers’ personal information stored at the company’s servers.
To ensure that the selected casino that accepts PayPal has a strong security, you should look at several parameters. First of all, the casino should encrypt all your personal information properly and use the latest SSL protocols to transfer it. Secondly, there should be only trusted and reliable payment options on the list. PayPal is one of such options. Last but not least, it is always a good idea to research the history of the company: check out whether they had data breach events in the past.
🔔 Pros and Cons of using PayPal for online gambling
As with every banking method, using PayPal at online casinos has both advantages and drawbacks. In this section we will briefly review all the main benefits of paying via PayPal and all the main pitfalls of such transactions. Spoiler: advantages outweigh the drawbacks a lot.
✔️ It is a secure payment method that has almost no risk of having your financial information exposed.
✔️ The service is popular online and accepted at a lot of places, not only at online casinos.
✔️ The minimum limits for deposits and withdrawals are comfortable at PayPal accepted sites in India, allowing you to gamble with small sums.
✔️ The withdrawals via PayPal are processed quickly, usually even faster than with debit cards.
❌ Maximum limits for PayPal transactions are a bit lower than with some other methods.
❌ When withdrawing, there is a delay between the funds reaching your PayPal account and them being transferred to your debit card balance.
The advantages of using PayPal are pretty clear, but we would also like to highlight the drawbacks. Knowing them beforehand is important not to be surprised in a bad way later.
As you can see, there are only two drawbacks of using the payment option at online casinos. First of all, the maximum limits: they are a bit lower than with cryptocurrencies, for example. However, for most players it won’t be significant: only a few percent of the gamblers play with such large sums. The second drawback is the delay between getting the funds on your PayPal account balance and getting them to your card. However, if you’re using PayPal for online shopping, you can spend them without waiting.
It is also important to know the details for transactions beforehand. When depositing, availability of PayPal is not the only important criterion. First of all, there is the security of payments, but the safety of the cage is the highest priority for every club. That’s why online casinos cooperate only with the most reputable payment providers and PayPal is among them. Secondly, here are the other transaction terms and conditions: fees and transaction processing time.
A slang term for a casino vault where the club stores money.
Make sure to attentively read the terms before depositing to the cage. There should be no fees for paying or withdrawing via PayPal as the system itself does not charge fees. The transaction processing time shouldn’t be too long: at decent PayPal online casinos the withdrawals don’t take more than 24 hours to be processed. There are some other conditions related to withdrawals, such as wagering requirements. If you are planning to use bonuses, make sure to read the terms attentively: the wagering requirements should not exceed x40.
There are several Indian banks that offer PayPal services. It is an important detail you should also learn beforehand: if your bank is not on the list, playing at PayPal online casinos will be less comfortable for you. The list of PayPal-supported banks includes:
Kotak Mahindra Bank;
Linking a bank account is easy, when the bank offers such services. We have presented a list of supported banks to make it more comfortable for our readers.
Linking a PayPal account to your bank card is possible with other banks too, but it won’t be that comfortable. To link an account, you should download the app, visit the section with payment methods and add your card there. You will have to confirm your bank account: PayPall will send you two small transfers and you will have to enter their exact amount in the app.
There are several competing payment platforms that have similar features. In case you’re not a big fan of PayPal, you can easily use one of the methods mentioned below. Note that these methods are not as widely accepted at online casinos, so you’ll face the challenge of finding a place that accepts them too. The list of alternatives includes:
💠 How to make an online casino deposit using PayPal?
It will take: 10 minutes
Making deposits is easy at a PayPal casino, but the first transaction may be a problem for new users. That’s why we have prepared this short guide.
Create an account at PayPal and add your card there, using the tips we gave in one of the previous sections.
Register at the PayPal casino and make sure to use your real information in the process.
Visit the banking page, select PayPal, enter the necessary amount and follow the instructions.
The security of your personal information depends on the place, but the best PayPal casino would encrypt your data properly. The transactions with PayPal are secure and reliable, the company operates under the latest security standards.
Can I use PayPal in India?
Yes, using PayPal is allowed in India, but you will still have to find a PayPal casino to play at. Feel free to use the tips we gave in the article to find a decent gambling site.
What are the alternatives?
There are several alternative services we have mentioned in the article, but if you’re looking specifically for gambling, the choice is not that wide. Only Skrill is widely accepted at online casinos, while finding the others on the lists of casinos is challenging.
Are there any fees?
It depends on the place, but there are no fees from the side of PayPal. Therefore, a good PayPal casino will not charge you any fees for withdrawals or deposits.
What about the other features?
Yes, we haven’t mentioned the other features of a PayPal casino a lot in the article. But that’s because the features not related to the banking system don’t vary a lot. If a casino does not accept PayPal, it does not mean it won’t have any promotions, for example.
How long are PayPal withdrawals processed?
Depends on the casino. In most cases, it does not take them more than 24 hours to withdraw, but there is a small delay between the funds reaching your account and the funds being transferred to your debit card.