The history of PayPal
The history of PayPal dates back to 1998. This when a company called Cofinity was founded by entrepreneurs Max Levchin, Peter Thiel, and Luke Nosek. Cofinity was originally a brand that provided security for mobile devices, which at the time were beginning their rise to massive popularity. In 2000, Cofinity merged with Elon Musk’s company X.com, which was an online banking concern.
In 2002, PayPal was acquired by eBay, though that relationship would end in 2014. By 2010, PayPal was working in 25 different currencies in 190 territories. Also by that time, over 100 million verified PayPal accounts were in existence. PayPal now has offices in Germany, Singapore and the Republic of Ireland, though its headquarters are in San Jose, California, in the USA.
Most popular payment methods
If you enjoy playing slots, PayPal UK is a dependable and reliable payment method to use. You should be aware that there are alternatives, however. While Paypal is safe, secure, and flexible, using it as your primary payment method can prevent you from claiming welcome bonuses and other promotions from online casinos. Some punters may view this as a minor drawback, given the flexibility and security that PayPal offers.
As well as PayPal, slots online players who want to make sure that they can claim bonuses and promotional offers can consider using Visa or Mastercard debit cards instead. These also offer plenty of security, but they will also allow you to claim bonuses. You should remember that you cannot use your credit card to fund an online gambling account in the UK nowadays. This was due to the law changing in April 2024. PayPal is a good alternative to using your credit card, though.
How to withdraw with PayPal at online casinos
When you gamble online with PayPal you will be able to make swift withdrawals. Here is what the process looks like.
1. Go to the casino's 'cashier' page
This will likely be the same place you went to deposit.
2. Enter the amount you would like to withdraw
Once entered, you will then need to supply your PayPal account details.
3. Review your final details
Check everything is correct and hit confirm.
PayPal verification requirements
If you want to use PayPal for slots online then it is very easy to obtain an account and have it verified. Once you have signed up for a PayPal account, you need to add and confirm the bank account or debit that you will use to fund your PayPal account.
Obviously, to use PayPal for playing slots you need to be over 18 years of age in the UK. If you have certain types of bank account and a debit card you need to be over 18 anyway, so this should not be a problem. No one under the age of 18 can legally gamble online in the United Kingdom.
If you’re looking to play slots, PayPal UK is a great method to choose because of how simple it is to have your account verified. There is no long process to go through, and your account can be verified very quickly if you already have a debit card or bank account. You can sign up for a PayPal account and be using it to play slots within minutes.
Top 10 online casinos accepting PayPal in 2024
Adam RyanSenior Content Editor
Discover the best expert-ranked PayPal casinos including the top-rated site for this month, Kingmaker. Out of the hundreds of online casinos accepting PayPal, we only list those with a solid reputation and official certification for security & fair play.
🎰Can I play slots with PayPal in the UK?
Online casinos that offer slots usually have a pretty wide range of payment methods on offer for their customers to use. If you want to find out whether or not a particular operator accepts PayPal then it is a good idea to check out our detailed live casino bonus offer reviews here at Betting.co.uk. It’s in those that we’ll detail which payment methods can be used at particular operators. If you want to find out whether or not a particular operator accepts PayPal then it’s a good idea to bookmark Betting.co.uk. We’re here to help!
Is PayPal safe to use at online casinos?
Yes, PayPal is a safe and convenient way to deposit at online casinos. It offers excellent security measures and is trusted around the world.
A writer and editor with a penchant for games and strategy, Adam Ryan has been with the Casino.org team for eight years now. Having written for and edited numerous iGaming brands in his career, he’s something of a content sage when it comes to our iGaming copy in the US and Canada.
Ian grew up in Malta, Europe's online gaming hub and home of top casino regulators and auditors such as eCOGRA and the Malta Gaming Authority. After completing his Master's degree in Glasgow, he returned to Malta and started writing about casinos. He's worked on hundreds of casinos across the US, New Zealand, Canada, and Ireland, and is a go-to authority for Casino.org's team.
Top rated games at PayPal casinos
Games are, of course, a key part of the online casino experience. Check out which real money PayPal slots, and other games are trending now; and try them out here for free.
Deposit and withdrawal times
Next we examine the speed at which it’s possible to deposit cash for real money casino games and trigger withdrawals at different online casino sites. For PayPal we expect this to be with 24 hours, but some sites can take up to five working days.
Our experts do not just read reviews about how efficient the casinos' customer service is or just take their word for it, we test it ourselves. We make sure that we only feature casinos that answer within the period they state. For live chat we look to be responded to within two minutes.
Will PayPal charge me for using it as a payment method?
In general, if you are playing slots with PayPal you shouldn’t expect to have to pay any fees. PayPal does not usually charge fees for small domestic transactions of the type that you will make when funding your casino account. If fees are charged, it will be on larger amounts of money such as winnings payouts. If you are in any doubt about whether or not you will be charged fees when using your PayPal account to play slots then you should speak to the customer service team at your casino or at PayPal itself. They will be able to provide the clarification you need on this matter.