News about PayPal casinos and alternatives at a glance
PayPal’s online payment service should be well known to every one of you. In the 2010s, PayPal increasingly penetrated online casinos and challenged Skrill for supremacy among e-wallets. When the payment service finally advanced to the most popular payment option among online casino players, casino withdrawals were also announced again. This happened in early 2019, and the first victims were major players at 888 Holdings as well as GVC Holdings. Today, real money casinos with PayPal are starting to reappear as a payment method in casinos. It is only available from some gambling and sports betting providers so far.
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Top 3 alternative online casinos with PayPal:
| CASINO | WELCOME BONUS | FREE SPINS |
| Vulkan Vegas | 1000€ | 125 for new players |
| Casinoin | 200€ | 15 per week |
| King Billy | 1000€ | 200 for new players |
PayPal usually tries to conquer every lucrative market. And the gambling industry is a very lucrative market in which the parties involved can make very good money. However, consumer advocacy groups and politicians have repeatedly pressured and demanded that illegal gambling not be supported. Opinions are divided on whether online casinos are legal or illegal. Some say yes, others say no. The fact is that Europe has been unable to establish legal certainty in this area for many years. According to the current State Gambling Treaty, Section 4 (1) Sentence 2 states that “any participation in payment transactions in connection with unauthorized gambling is prohibited.”
The Federal Administrative Court had previously ruled that “online gambling providers require an official permit to organize and broker sports betting and gambling. Without such authorization, the relevant online offerings were illegal. This was also applicable if the state gambling contract in detail violated applicable EU law.” This ruling is what prompted PayPal to change its strategy.
On October 1, 2020, PayPal revised its terms of use to include a “Prohibited Activities” passage. It states, “You may no longer use PayPal’s services in connection with offers that are not legal where you are, including certain online gambling offers.”
Another reason for the recall was numerous complaints from gamblers. They were using PayPal to make deposits to their casino account. When the money was lost, PayPal withdrew direct debits, and players claimed it was illegal because PayPal was not authorized to make direct debits.
What are PayPal’s casino alternatives?
Many players have lamented the PayPal casino. And rightly so, as we see it. The e-wallet service brings everything you want as a player:
- High security.
- Real-time deposits and withdrawals
- Deposits even without PayPal credit
- Buyer protection
- Most online casinos have no PayPal fees
But we also have two pieces of good news for you. Starting in the summer of 2021, there has been another big PayPal casino test. After the new State Gaming Treaty went into effect, the EU became a legally safe market in terms of gambling. Transitional rules have been in effect since October 15, 2020. Online casinos that comply with the rules received an official license this summer, and PayPal has begun to return to the gambling market.
The second good news is that there are alternatives to PayPal at online casinos that are also compelling. We would like to briefly introduce you to three of them:
Trustly:
The Swedish company Trustly has become a world leader in online banking payment solutions in recent years. You can deposit your casino account securely and quickly with online banking. The good thing is that you can also withdraw casino winnings with Trustly.
Neteller:
20 years of experience has allowed e-wallet provider Neteller to reach maturity. This payment service is widespread in online casinos, and Neteller does not have to hide behind PayPal in terms of its services. We believe that Neteller is a great alternative to online casinos with a PayPal deposit.
Klarna:
It is also a Swedish company. With Klarna Sofort, deposits can be made quickly and securely. This provider is especially valuable for players who make many other purchases online in addition to gaming activities. The Klarna app offers many advantages in this regard. Unfortunately, it cannot currently be used to make payments to casinos.
Can I pay with PayPal in mobile casinos?
Direct payment using PayPal in a mobile casino was also classified as a “prohibited activity” as of Oct. 1, 2020, according to PayPal’s terms and conditions. However, there is a workaround that still makes payment transactions with PayPal possible. For example, you can link your PayPal account to Google Pay or your iPhone’s Apple ID. You can easily add Google Pay in the PayPal app settings after logging in to PayPal. iPhone users should disable the “Family Swap” feature. You can also access the PayPal payment method in your iPhone settings by going to Settings > Apple ID, iCloud, iTunes & App Store > Pay & Shipping. Check your PayPal account and follow the on-screen instructions. That way, you can still pay with PayPal at online casinos that offer Google Pay or Apple Pay as your payment method.
Pros and cons of Paypal
| PROS OF PAYPAL | CONS OF PAYPAL |
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PayPal’s conclusion: PayPal becomes available again in casinos 2021
PayPal’s departure hurt, but thankfully it’s making a comeback and there are also worthy alternatives to PayPal Casino. The casino’s cashier area has some pretty upscale payment options such asTrusset and Neteller. Even if you don’t currently have experience with PayPal, it is coming back to the casino and you can experience all the benefits of PayPal.
PayPal FAQ – Questions and Answers
How does PayPal work?
You can make online payments online with a PayPal virtual account. This way you can avoid bank delays on transfers because payments are made in real time. Also, you don’t have to give any sensitive account information to the online merchant.
How secure is PayPal?
PayPal is one of the most secure options on the market for online payment methods. Thanks to SSL encryption and two-factor authentication, you can pay online with PayPal without any problems.
Why don’t all online casinos offer PayPal?
Due to an uncertain legal situation, the company has decided to stop payment transactions related to gambling. The only exceptions remained sports betting or casinos without the possibility of winning, such as Stargames. But, now the situation has changed and casinos with PayPal are re-emerging in the gambling market.
Are there any casinos online that accept PayPal?
There already are. After the new terms of PayPal went into effect on October 1, 2020, the payment service completely ceased its activities in online casinos. But, nowadays, casinos with PayPal are back on the market.
