Top 21 PayPal New Casinos

PayPal is one of the deposit methods casinos offer. Depositing money to new casinos online as well as the established casinos using PayPal is painless. Below are some of the advantages of this eWallet.

First, PayPal is a trusted brand. From a survey by Morning Consult, PayPal is the second most trusted brand worldwide after Google. Unlike these little-known payment companies, PayPal is a household name with an incredible 361 million active users as of 2021.

Besides trust, PayPal has uptight web security. The company deploys military-grade encryption to protect gamblers' bank and credit card information. There's also a Purchase Protection policy.

Another benefit of PayPal is its affordability. There are no costs associated with owning or running an account - just sign up for free. The transaction charges are also lower compared to the competition.

PayPal is also flexible when it comes to the limits. The daily transaction limit is $5,000, while the monthly limit is $40,000. This is fair compared to other eWallets.

Last, PayPal is very efficient. The company has a robust infrastructure that ensures deposits are blazingly fast. As a result, players don't have to wait for ages before money reflects in their accounts. Typically, processing PayPal deposits to casinos takes just a few minutes to hours.

PayPal is an American fintech company that acts as a payment processing platform for different eCommerce ventures, including online gambling sites. The platform is the ultimate alternative to traditional paper money such as cash, money orders, and checks.

When it was founded back in 1998, PayPal was known as Confinity. Four years later, the company went public via an IPO before becoming an eBay subsidiary in 2012. At the time, PayPal was valued at a whopping $1.5 billion. Later on, in 2015, the company was floated to eBay's shareholders. This turned PayPal into the independent company it is.

Today, PayPal is a big name in the online payments industry. The company has witnessed exponential growth, especially during the ongoing Covid-19 pandemic, where its stocks saw a dramatic 78% increase. By revenue, PayPal is ranked at number 134 in the 2021 Fortune 500.

The award-winning fintech company boasts over 20 prestigious awards, including the Webby Award for Best Financial Services Site, won in 2006.

PayPal owns over 20 prominent companies, including Honey, worth over $4 billion, and iZettle, valued at $2.2 billion. Other noteworthy PayPal's subsidiaries include Bill Me Later, Braintree, Xoom Corporation, and Hyperwallet.

Using PayPal as a depositing method for new casino sites is very simple. Select PayPal as the payment option. You will be prompted to log in to your PayPal account. Enter the amount you want to transfer. There are no charges for making such payments. Only the information linked to the PayPal account is needed, so the casino will never have a link to your bank account details or the credit card number. PayPal acts as the intermediary between your bank and the casino site. So if you don’t like giving out the information on your debit and credit card, you will feel safer using PayPal to deposit money to your bankroll.

A PayPal casino asks for the details of your PayPal address only once. Expect speedy transactions when withdrawing from your casino site using this method. Payments are processed in matters of minutes, unlike debit cards that take a couple of days. Your MasterCard details are safe and secure when withdrawing your payouts. Your PayPal actually acts as the bankroll. Hence it is an ideal tool for professional gambling to avoid addiction. It allows you to manage your winnings and limit the urge to chase losses on a risky bet. With PayPal, you can track the flow of money thanks to accurate transaction history.

It is straightforward to use PayPal in an online casino. But the casino of your choice must be fully licensed to operate gambling activities. The volume of transactions that are processed via PayPal in casino sites is tremendous. The e-wallet is able to handle numerous requests quickly, making it easy even for first-time bettors. Take advantage of PayPal as a bankroll to set aside your betting money. It is also the safest method to secure your payouts. PayPal has an agreement with banking institutions across the world to maintain the integrity of consumer's card information through Account Updater. The player's data remains safe and up to date.

PayPal is a fantastic payment method for our top recommended gambling sites. It offers an extra layer of protection between the casino players’ bank details and the casino sites. Any casino that accepts PayPal deposits and withdrawals is highly recommended by us. PayPal only accepts money transfer on licensed websites that are fully compliant with the law. For instance, players from the US, UK, Germany, Belgium, and Ireland, Greece, Australia can use PayPal because PayPal transactions in these countries are legal. Deposits via PayPal are instant. Players may use PayPal in other areas like eBay purchases, giving this payment method a competitive advantage over other forms of electronic money transfer.

PayPal casino players are protected by a host of data security protocols like Fraud Protection, Buyer Protection, and advanced cryptography methods. PayPal safeguards user information from prying eyes using the SSL encryption. Moreover, the company cannot collaborate with online casinos that have a bad reputation. Dubious websites may not be in a position to work with PayPal for long. There is an Account Protection feature that PayPal uses to authorize purchases. This protects casino players from identity theft. So, there is no way unscrupulous persons can access your account to authorize payments without your consent. You therefore pay and withdraw without exposing card details to third parties.