Online casino PayPal overview
In this guide, we present New Zealand players with the best online casinos that accept PayPal. Not only do we look at the most excellent online casinos for Kiwis wanting to use PayPal, but we look into the big questions about the e-wallets. What are the positives and negatives? How can you deposit using PayPal? We have it all covered, and by the end of this guide, you’ll have a better idea of how millions of Kiwis are using it to fund their online casino accounts. Therefore, if your first deposit is via PayPal, keep reading for more information on the payment method system.
PayPal payments & online casino games
A highly-popular method of payment for gamblers around the world, PayPal, is a leader in the e-wallet race. Due to its notoriety as a premium online payment method, players from New Zealand have taken to using PayPal, and it’s hardly surprising. It’s a trusted electronic e-wallet, and when it comes to gambling at online casinos, it’s the preferred method for many customers. A PayPal online casino accepts deposits instantaneously, which means you don’t have to wait for your funds to clear before you can start playing. It’s not fun waiting to play your favourite pokie or table games, so PayPal takes the waiting times away. You can also cash out your online casino winnings directly into your PayPal account, which is a big bonus for casino players.
Using other methods to withdrawal your casino funds can take days. However, with PayPal, you wait for a matter of a split-second before your money is back in your PayPal wallet. PayPal casinos know how important it is to send and receive money straight away. Leaving a customer waiting isn’t ideal, so if you’re looking for instant deposits and withdrawals, PayPal is an excellent option. When you withdraw using a card or via bank transfer, it can take days for your money to appear in your account. It means you need to wait longer before you can start playing online casino games, and we don’t like the sound of that.
Luckily for New Zealand online casino players, our recommended casinos on this page accept PayPal as a deposit method. You can play the best games on offer, and they all have a welcome bonus and deposit bonus deal available.
Disadvantages of PayPal
There are some disadvantages to using PayPal, and it wouldn’t be fair to you if we overlooked them. The first major disadvantage is the fees PayPal take when you receive money. Merchants have to pay 2.9% of any money transfer, but for online casino players, it’s likely to be a 5% cut of your funds. It’s a high percentage compared to other e-wallet options, such as POLi and Neteller. The percentage can change depending on when you make a deposit and withdrawal, so it’s best to check with PayPal before you make the transaction. However, you will be notified in your PayPal account of how much to expect. For example; if you withdraw $1000 from your casino account, PayPal will inform you on much is coming into your account.
Another disadvantage of using a PayPal casino is waiting for your money from your PayPal account. Transactions made from your PayPal are instant. However, if you want your money into your bank account, you do need to wait. Thankfully, New Zealand residents can get same-day payments from PayPal casinos to your bank account, so long as it’s withdrawn before 11 am.
Lastly, some online casinos limit the welcome bonus and deposit bonus deals. It’s not as common for New Zealand players, but in the terms and conditions at some casinos, you can’t claim the bonuses. That means no deposit bonus and no free spins.
Why casino players use PayPal
There aren’t too many more prominent names in the e-wallet world than PayPal, which in turn makes it a popular option for PayPal casino users. New Zealanders use PayPal in everyday life, and it translates to casino sites. It serves as a multi-purpose electronic wallet, so you can not only buy things on the internet but also use it to play the best casino games. Millions of people from New Zealand have PayPal to buy and sell online, so there was a massive market for the online casino industry. Using PayPal at a casino allows you to make fast payments, and it’s always secure.
Kiwi players have a significant association with PayPal. It’s tried and tested in New Zealand, and more importantly, it’s a trusted service. When making that first deposit, Kiwi players know what they’re going to get with PayPal. Funds are transferred at the click of a button, and it means you can play the best games straight away. It’s also easy to use your account at a casino, which encompasses speed of deposits and speed with withdrawals. PayPal NZ allows players from New Zealand to play at any casino accepting the e-wallet. The best PayPal casinos are available to Kiwis and it’s one of many reasons why so many casino players have PayPal.
Advantages of PayPal
There are many advantages of using PayPal but at the top of the list is the ease of depositing. It’s instant, and all you need is funds in your account to get started. Unlike selecting a bank transfer as your casino payment method, PayPal deposits go through instantly, and there are no waiting times whatsoever. Casino sites enjoy nothing more than its customers being able to deposit quickly, and PayPal is instantaneous. It’s an advantage in being able to play your favourite games straight after depositing, and it’s also excellent for withdrawing funds. Don’t wait days for your money to hit your account; with PayPal, it comes straight away.
It’s a secure payment method that doesn’t heavily rely on sensitive data, such as personal bank details. All you need is an account, and a PayPal casino will accept your business. It’s a trusted name in the online banking world, so there is never a worry about the security of your details or funds. Another positive is that you can play casino games on your mobile device, which is funded by PayPal. Casinos have excellent mobile technology that enables you to deposit with PayPal on your iOS or Android device. New Zealand players can use a PayPal deposit to unlock free spins or a welcome bonus.
PayPal casinos FAQ
Can you use PayPal for online casino?
PayPal is available at select online casinos. The PayPal symbol will be presented if it’s available, but in most cases, the popular online e-wallet is accepted at online casinos. Players can use their PayPal accounts to fund casino accounts.
Can you gamble using PayPal?
Yes, you can gamble your money using PayPal. It’s an e-wallet that is accepted with many major gambling organisations around the world, including online casinos. An online casino accepts all payments from your e-wallet, and those funds can be used for everything at a casino, including pokies, table games and live casino.
Are PayPal deposits instant?
PayPal deposits are instantaneous. If you are looking to fund your online casino account, your transaction is processed immediately, and you can play instantly. There are no processing times when using PayPal to deposit into an online casino account. Your money appears instantly, and it’s one of the quickest forms of online payment in the online casino industry.
Are PayPal withdrawals instant?
Yes, withdraws into your PayPal account are instant from an online casino. There are no processing times when money leaves your casino account, unlike when you make a withdrawal into your bank account. A PayPal casino processes payments immediately, and you should expect your money to appear in your online wallet instantly.
How do PayPal casinos work?
PayPal casinos work just like any other casino, except you can fund your account via your e-wallet. Once you have made a deposit, you can start playing at the online casino. Not every casino supports PayPal payments, but those that do enable New Zealand users to fund their accounts.
Are there fees for using PayPal?
When withdrawing funds from your casino account to your PayPal account, there are fees involved. It’s often around 2.9% of your withdrawal amount, so the fees are higher than some other payment methods. However, PayPal is a cheaper option than other e-wallet or bank transfer options, which can charge high amounts. If you need more information about the exact amount it will charge for its service, contact the customer support team.
Is PayPal the best option for online casino players?
It’s hard to see whether or not it’s the best, but millions of online casino players from New Zealand fund their accounts using PayPal. It’s an easy and fast online payment method, and that’s essential for anyone wanting to play at an online casino. It has its advantages and disadvantages, but it’s firmly in place as one of the best options for casino players.
Is PayPal available in New Zealand?
Yes, PayPal is available for New Zealand gamblers. It is commonly used with buying items on the internet, and it’s also available for funding your online casino wallet. It’s available with casinos that accept PayPal as a method of payment. Millions of Kiwi players use the e-wallet, and it’s only growing in popularity.
What are the technical requirements to use PayPal?
PayPal accepts all major browsers so that you can log into your account from the likes of Google Chrome, Windows 10 and mobile platforms. If you want to access it via your mobile, Android and iOS users can fund their online casino accounts.
Do I need to register for PayPal?
Yes, you need to register for a PayPal account to use it at an online casino. The sign-up process takes only a matter of minutes, and it requires your details and also a method of payment. You can choose to fund your PayPal account via bank transfer or a card. It’s a quick process, and you’ll be ready to play the best casino games in no time.
Is PayPal approved by my bank?
PayPal is not a bank, but banks in New Zealand support it. You can send and receive money via any bank in New Zealand.
Who can use PayPal?
Anyone who has access to the “one-off payment” functionality offered by a supported online banking facility can use PayPal. Please note that your bank might use a different name when taking money from your banks, such as Pay anyone, or Third Party transaction.
How long as PayPal been operating in New Zealand?
It has been operating in New Zealand for many years. It has since been used by some of New Zealand’s biggest companies and local departments. The speed of processing was a big drawcard for the international company.
Is using Paypal safe?
Security is a high priority, and it does everything in its power to ensure your information is safe. PayPal does collect your bank information, but because it’s a one-time transaction, it’s not as privy to your details as other e-wallets.