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Deposit Into Online Casinos Through PayPal – Tips for Poles

Dec. 13, 2021

Deposit into online casinos through PayPal tips for Poles

Payment methods for casino games are becoming more and more diverse. Therefore, tips on how to make a deposit using online wallets can be very useful for new players. The other day there was an online conference where experienced players and media expert Milan Rabszski discussed the problems new players face in modern online casinos. The online conference lasted about 3 hours, and during this time, we were able to discuss many issues related to payment through online wallets. Special attention was paid to PayPal as the main tool of choice for players.

Milan Rabszski is editor-in-chief and media expert at the popular website TopKasynoOnline. This platform helps players select their online casinos in Poland and better understand how these fields work. Mian Rabszski gathers information on different games, online casino bonuses, and payment methods. The main office is at Warsaw (Złota street 59, +48 22 595 14 00, topkasynoonline@gmail.com). There is also a podcast about casino games available in Polish and English: topkasynoonline.buzzsprout.com.

During the conference, Mr. Rabszski answered questions related to the use of PayPal. This information could help those who need to know more about this popular e-wallet.

What is PayPal?

PayPal is a well-known e-wallet providing the possibility of performing money transfers through the Internet. It was created in 1998 and was acquired four years later by eBay, making it universally known. Today, millions of people use this convenient payment method to shop online, pay for different services, and even pay for online games. To quote M. Rabszsk: “Now, this option is one of the largest Internet payment systems in the world. We, therefore, understand why there are more and more online establishments using PayPal.” This e-wallet has many interesting features and is accessible from almost every country in the world.

Main Features of PayPal

PayPal wasn’t the first e-wallet, but it became the main one. All other e-wallets are now inspired by this technical solution. As Milan Rabszski mentioned, other e-wallets in other countries may be more powerful and offer more interesting functions. For example, Skrill, Paysafe, Neteller. It’s also the case in Poland with Blik, Przelewy24, Paysafecard, Bitcoin, Ecopayz. All these e-wallets work well and offer different possibilities to send money. But PayPal was the first one. What are the main features of PayPal?:

  • highly secure payments;
  • possibility to switch money between bank accounts;
  • there is no chance of hacking;
  • fast payment at online casinos.

And, of course, the full privacy! Some people don’t appreciate that our financial advisor has access to the details of the sites where payments have been made. By paying via Paypal and not by card, bank employees will not have any details on the beneficiary of the transaction. Anything that will appear on your account statement will be marked “Paypal,” thus guaranteeing you an often appreciated anonymity. This is the main reason why this payment method is so important for every player worldwide.

Finally, let’s add that while Paypal allows you to make game deposits, it can also allow you to receive money into your bank account. To do this, your Kasyno Online Paypal must offer this option.

Which Casinos Support PayPal?

PayPal should be accessible in all legal casinos. As mentioned by Milan Rabszski, if PayPal is not present on the website of an online casino in Poland, it could mean that this casino is not playing fair. Generally, PayPal is the first and one of the favorite casino payment methods after credit/debit cards you will find on online casino websites.

Despite all of these advantages, fewer online casinos accept deposits or withdrawals via Paypal than other popular payment methods such as Skrill or the PaySafeCard. Another disadvantage is that Paypal bonuses are almost non-existent. There are a few, however, and “we invite you to take advantage of them, especially since most online casino operators have preferences for certain payment methods,” said Milan Rabszski. This encourages players to use them to fund their accounts and play for real money.

How to Set up a PayPal Account

To set up a PayPal account, you need to go to the website and click on the “Sign up” button in the top-right corner of the screen. Then, you should choose your account type (personal or business) and fill out your personal information (name, phone number, email address, nationality). This is all you need to do to start using PayPal. You will also need to add your debit and credit card to link your e-wallet to your bank account. Technically, this is optional, but without this, you won’t be able to withdraw money from PayPal to your bank account.

Limits and Commission

During the online conference with Milan Rabszski, we wondered if there were limits and commission for using PayPal. The general rule is simple: the minimum transaction has to be $0.01, and the maximum $4,000. Don’t forget about the fees you need to pay when making a transaction. Everything depends on the amount of money; for example, if you withdraw $300, you will pay around 3% fees.

How to Deposit and Withdraw Money

First, to deposit money on your PayPal account, you should ensure that PayPal is accepted by the casino you choose. Login into your player account and go to the “Payment” section. Connect your PayPal account to your player’s account. Enter the amount you would like to deposit, wait for the fund (less than 10 minutes), then use your deposit to play your favorite casino games.

If you would like to withdraw your money, you need to connect to your player’s account, confirm the amount you want to withdraw, select PayPal as the main method for the transfer, fill in the required information and proceed to the withdrawal. It depends on the casinos, but sometimes you need to wait up to 24 hours to receive your funds in your bank account.

Fun Facts About PayPal

Milan Rabszski talked mainly about the use of PayPal. There was, however, a question from one journalist, asking for some fun facts about PayPal. Considering the long history of this company (over 20 years), there may be a lot of interesting facts out there. The most interesting five facts are the following:

  • referral payments led PayPal to an IPO;
  • eBay bought the company very early;
  • there are more than 200 million PayPal users around the world;
  • the creators of YouTube created PayPal;
  • there are only three countries where PayPal doesn’t work: Pakistan, Afghanistan, and Iraq.

To finish this article, we prepared a table to compare different popular payment methods.

PayPal Neteller Skrill Paysafecard Visa/Mastercard
Personal account Mandatory Mandatory Mandatory Not mandatory Mandatory
Required transaction time <1 minute <1 minute <1 minute <1 minute from 1 to 10 minutes
Security Very high Medium Medium High Hight
Is it possible to use it in Polish casinos Yes, all legal casinos offer this payment option Yes Yes Yes Yes

 

Note: Unfortunately, gambling is illegal in Poland, so the content in this article is used only for informational purposes and is available to users outside of Poland.

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