Brief Introduction to PayPal
PayPal is widely known, but many Aussies who are to create a PayPal account might want to learn more about the payment system before signing up for PayPal deposits. Here are the basics about this online payment option:
| Name | PayPal | Website | https://www.paypal.com/au |
| Founded | 1999 | https://www.facebook.com | |
| Countries operated in | More than 200 | https://twitter.com/PayPal | |
| Number of customers | Over 325 million | https://www.linkedin.com/company/paypal/ | |
| Currencies supported | 100+ | Phone number | 02 8223 9500 |
How Does PayPal Work?
PayPal describes itself as an "open digital payments platform", but it is usually referred to as an e-wallet. Accounts can hold various currencies. It is possible to have funds in 25+ currencies but dozens more are supported. Aussies can have their AUD in there, as well as others like USD. Once the money is in PayPal, it can be used to make a deposit at some online casino sites in Australia, though it can refuse transactions.
More Information About PayPal
PayPal might have been widely embraced across Australia, but many people might still be unaware of how using it compares to a bank account. Check our simple guide with all the information about PayPal.
Processing Time for Withdrawals
PayPal is known for being one of the speediest options for processing times at the casino cashier. While it can take days to receive funds via a bank transfer, PayPal accounts normally receive withdrawals in a matter of hours.
Transaction Charges
The fees involved in using PayPal vary from merchant to merchant, but there are no charges for having an account with PayPal itself. Some online casinos might add a transaction charge for this method, but it is rare.
Identity Verification
PayPal requires identity verification to confirm account holders are who they say they are. This also enables PayPal to comply with Australian Anti-Money Laundering and Counter-Terrorism Financing laws. Buyers and sellers using this option are kept safer as a result of these ID measures.
PayPal App
For the easiest way to move money online, the PayPal app is a must-download option for Aussie players. PayPal on the App Store is the one to go for on iOS, while the app can also be found on Android.
How to Create an Account With PayPal?
- Mobile Device
- Debit ore Credit Card
- Phone Number
- Your Time
Anyone who is new to using PayPal will need to create an account in order to get up and running. Registration is fairly easy but, to do so, follow our easy guide to creating an account with PayPal.
Download the App
Download the free PayPal app for mobile devices on Android or iOS. Alternatively, simply head to the PayPal website to sign up for an account.
Create an Account
Decide whether a personal or a business account at PayPal is required. Select Australia from the list of countries and regions provided.
Enter Personal Data
Tap on the email address during registration to associate with the new account on PayPal. On the PayPal mobile app, enter and confirm a telephone number.
Verify Your Account
Link either a bank account or a debit card to the new PayPal account. Complete verification to get the account fully up and running.
Make a Deposit
Add funds or start using PayPal as a way to move money or fund online gambling. Money can be taken out of a PayPal account at any time.
Alternative Payment Methods
Unfortunately, PayPal has the power to prohibit transactions for gambling activities in certain locations around the world, such as the United States. Aussies are likely to still be able to use casinos accepting PayPal, but it is worth keeping in mind that issues may arise down the line.
Credit and Debit Cards
Many Aussies use credit or debit cards such as those from Visa, MasterCard and Maestro on a daily basis. So, they are a natural choice at the casino cashier. Let's take a look at the pros and cons of using them at the top Australian online casinos.
| Pros | Cons |
| ➕ Most people have one of these cards | ➖ Responsible gambling organisations don't recommend using credit cards due to possible overspending |
| ➕ Instant deposits at the casino cashier | ➖ Withdrawals can take a few days to arrive |
| ➕ Accepted by most internet casino sites | ➖ Better to keep betting budgets separate |
E-Wallets
Leading e-wallets have become one of the most common ways to make a deposit at the casino. There are lots of benefits of e-wallets like PayPal, though each option has its own pros and cons. Not everyone realises that two major e-wallets, Skrill and Neteller, are actually a part of the same company.
| Pros | Cons |
| ➕ Rapid transactions for deposits and withdrawals | ➖ Not all casinos accept e-wallet payments |
| ➕ Many global currencies are supported | ➖ Fees can sometimes be charged |
| ➕ Easy way to maintain separate budgets | ➖ Limits can be lower than using cards |
Using PayPal with Other Payment Systems
Using PayPal through intermediary services is an option that some casino customers may wish to explore. This can be a way to use PayPal as a payment method at a larger number of real money online casinos.
Wise Borderless Account
Aussies are able to receive money from a PayPal account into Wise. This only goes through when you incorporate Wise into your PayPal wallet as a new bank account. There are options allowing you to designate it as a primary bank account or exclusively for transactions involving specific currencies.
How to Link PayPal to Wise
- Register an account with Wise.
- Log in to your PayPal and go to Wallet.
- Fill in Wise details into your PayPal account.
- Skip the Direct Debits option.
- Verify your new account’s details with a 4-digit code as a reference.
How to Make a Casino Deposit With Wise
It is possible to use Wise to make a casino deposit at a growing number of gambling sites in Australia. For those who are unsure how to proceed and want to know exactly what they need to do on a step-by-step basis, here is our full guide to making a casino deposit via Wise:
- Make sure your PayPal account is linked to Wise and accepts the currency you need.
- Log into a casino and head to the site's cashier or account department.
- Pick Wise from the list of payment options that can be used to add funds.
- Enter the details and confirm the transaction.
How to Withdraw Winnings at Wise
Here are the steps to follow for withdrawing winnings using Wise at a casino in Australia:
- Go back to the casino cashier after logging into the account.
- Tap or click on Wise to start the process.
- Check the details are right — they should have been saved.
- Choose how much money to withdraw and confirm the transaction.
Virtual Prepaid Cards
Another way to add funds for online betting or gambling in Australia can be through the use of virtual prepaid cards.Neosurf casinos are the most common of these, but there are a few different options. Neosurf can be purchased with PayPal or from another official Neosurf reseller.
How to Make a Casino Deposit With Neosurf
To make a casino deposit into an account from Australia using Neosurf, here are the steps to follow:
- Choose an online casino site that has Neosurf listed among its accepted payment options.
- Sign up to create an account or log in if already a customer of that casino site.
- Go to the cashier to make a deposit then pick Neosurf from the options available.
- Tap in the unique 10-digit Neosurf voucher code and check it has been entered correctly.
- Confirm the transaction and the funds will then be available to use to play casino games online.
How to Withdraw Winnings at Neosurf
While it is quick and easy to make a deposit with Neosurf, it is not the same story when it comes to withdrawing winnings. This is not possible with Neosurf, so another payment option is needed. For example, you can use PayPal withdrawals.
Cryptocurrency
Many Aussies have grown more interested in cryptocurrency in recent times, with the popularity of Bitcoin casinos expanding at a rapid rate in the past few years. PayPal can be used in conjunction with crypto.
How to Buy Bitcoin with PayPal
- Open your PayPal account.
- Head to Finances and choose Crypto.
- Click on Buy Bitcoin and enter an amount.
- Check possible fees and rates.
- Click Buy Now.
How to Make a Casino Deposit With Bitcoin
The process for using cryptocurrency to add funds at the casino is not quite as simple as when PayPal is used directly, but it is not too difficult. To make it easy, just follow our step-by-step guide below:
- Choose an online casino that has cryptocurrency listed on its accepted payment options.
- Log in or create an account on the site and then go to the casino cashier to add funds.
- Pick cryptocurrency from the list and select Bitcoin to proceed with the transaction.
- Take note of the unique deposit address provided or scan the QR code if one is available.
- Enter the amount to add to your casino account and tap on 'send' to complete the transaction.
How to Withdraw Winnings at Bitcoin
Most of the best PayPal casinos in Australia will also allow their players to withdraw winnings via Bitcoin. The steps to follow to go through the process of withdrawing winnings with Bitcoin at Aussie casinos are:
- Go to the casino cashier after logging in, then select cryptocurrency from the available list.
- Pick Bitcoin and enter the amount to withdraw from the balance available at the casino.
- Enter the public wallet number required and complete the transaction to withdraw with Bitcoin.
PayPal Casino Bonus Offers
PayPal is a great payment method to use for gambling online. However, it may preclude players from being able to claim some casino offers:
- 🎁 Welcome bonuses: These first deposit bonuses for new players are almost never compatible with PayPal. It is therefore recommended not to use a PayPal account for a first casino deposit.
- 🎁 No deposit bonuses: This type of sign up bonus for new players does not require any initial funds to be added, making them a no-risk way to play.
- 🎁 Reload bonuses: These deals are designed to encourage repeat play.
- 🎁 Free spins bonuses: Spins for free are a no-risk way to play pokies.
Popular PayPal Casino Games
Various different games can be played at PayPal online casinos. Here are some of the common options for casino lovers who hook up a PayPal account:
- Online roulette: Beloved for its simplicity, roulette just involves guessing where the ball will land. Live dealer roulette is also becoming more popular.
- Online pokies: Slots, also pokies dominate the game library at most internet casinos these days. Various types of pokies, including progressive jackpots, are offered. They are digital versions of traditional slot machines. Simply spin the reels.
- Online poker: Players have the chance to test out their poker face in this virtual variation of a classic card game. Try to get the best hand possible.
- Online baccarat: It is a popular card game where players bet on the outcome of two hands: the player's hand and the banker's hand. The aim is to bet on the hand that will have a total closest to nine. Popular in Asia, a good choice due to its very low house edge. Beat the banker!
PayPal for Casino Payments: Pros & Cons
Generally speaking, there are plenty of advantages to opting for PayPal deposits at the casino cashier. But there are some disadvantages that it is important to consider too. Let's quickly look at the benefits and downsides of a PayPal casino account.
How We Rate Australian Online Casinos That Accept PayPal
Gamblenator assesses a range of factors when deciding whether to recommend PayPal online casinos to Australian players. Let's take a closer look at how we review such sites:
- Licensing and regulation: We only ever highlight sites that have the right licence to operate, ensuring it is safe and legal to use.
- Safety & security measures: High-level encryption should be in place to protect data.
- Game variety and quality: Players want a wide range of titles to pick from, with plenty of leading developers and studios featured.
- Bonuses and promotions: A quality welcome offer should be in place, as well as rewards to entice players to make repeat visits.
- Customer support and user experience: Live chat running 24/7 will ideally be in place at casinos.
- Mobile compatibility: Using a mobile device is common, so games must work on small screens.
Responsible Gambling
While most online casino players can enjoy games like slots without problems, some people may find they experience addiction issues surrounding gambling. Having a budget for casino games is a good idea. Punters can set limits for how much money they can add to their casino balance from a PayPal account or a bank account, for example.
Resources
- How to send money from PayPal to Wise?
- PayPal guide
- Take action towards making a change to your gambling
- Buying Bitcoin with PayPal
