PayPal Casino: The latest information about PayPal casinos in Australia 2024
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PayPal casinos are not available in Australia, so you cannot use PayPal to make transactions at any online casinos. Thankfully, there are some ways to play at Aussie online casino sites using money in your PayPal account.
In this article, we'll explain why PayPal isn't available. And give you some workarounds for using the money in your PayPal account to make deposits, withdrawals, and more at some of the top casino sites in Australia.
Plus, our team has compiled a list of the best PayPal casino alternatives. These sites offer payment methods similar to PayPal. Let's take a look.
Best PayPal Casino Alternatives 2024
Although PayPal isn't accepted in Australia currently, here are some alternatives that accept similar payment options to PayPal.
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Terms and ConditionsTerms and conditions apply. Play responsibly | 18+ | Bonus structure See all
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Terms and ConditionsTerms and conditions apply. Play responsibly | 18+ | Bonus structure See all
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Terms and ConditionsTerms and conditions apply. Play responsibly | 18+ | Bonus structure See all
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Terms and ConditionsTerms and conditions apply. Play responsibly | 18+ | Bonus structure See all
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Terms and ConditionsTerms and conditions apply. Play responsibly | 18+ | Bonus structure
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Terms and ConditionsTerms and conditions apply. Play responsibly | 18+ | Bonus structure
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Terms and ConditionsTerms and conditions apply. Play responsibly | 18+ | Bonus structure
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10% Cashback |
Terms and ConditionsTerms and conditions apply. Play responsibly | 18+ | Bonus structure See all
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5% Cashback |
Terms and ConditionsTerms and conditions apply. Play responsibly | 18+ | Bonus structure
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25% Cashback |
Terms and ConditionsTerms and conditions apply. Play responsibly | 18+ | Bonus structure See all
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What is PayPal and What are PayPal casinos?
PayPal is an e-wallet that lets you make secure digital transactions. You need to create an account and link it to another payment method (like your bank account, credit card, or debit card) to top up your account.
E-wallets, like those seen at PayPal casinos, Skrill casinos, and Neteller casinos, let you make online purchases and transfer money without re-entering your information each time.
They provide enhanced security through encryption and reduce the risk of exposing personal banking details during transactions. PayPal is popular because it offers convenience, speed, privacy, and instant transactions.
PayPal casinos are online gambling platforms that accept PayPal as a payment method.
Why Can’t PayPal Be Used at Online Casinos?
While PayPal is a popular and trusted payment method worldwide, it's not accepted at online casinos in Australia for several reasons.
PayPal has chosen to avoid processing payments for online casinos in Australia to help avoid potential legal repercussions and protect its reputation.
Let's take a closer look.
- Regulatory environment: The Australian government has strict online gambling regulations. The Interactive Gambling Act (IGA) of 2001 prohibits certain types of online gambling services to Aussies. While some online gambling is allowed, Australian operators aren't allowed to offer online casino services. As a player, you can visit online casinos based outside of Australia. These tight regulations make it challenging for payment processors like PayPal to operate freely.
- Risk management: PayPal is a highly regulated financial institution. So, it needs to comply with international laws and standards. For example, anti-money laundering (AML) and know-your-customer (KYC) requirements. Given these obligations, the risk of facilitating transactions in regions with complex gambling laws like ours is high. This risk aversion helps PayPal avoid potential legal issues and protect its reputation source.
- Corporate policy: PayPal only operates in markets where it can ensure compliance with all relevant local laws and regulations. If the legal framework is unclear or poses a significant risk, PayPal avoids processing payments for online gambling services.
Will PayPal Be Available in Australia again?
It's unlikely that PayPal will be available on online casinos in the immediate future.
PayPal has a strict policy about only operating in regulated markets. PayPal prohibits transactions for gambling activities in any jurisdiction where gambling activities are illegal
We're seeing continued awareness of gambling harm and pressure from various community groups for the government to do more to help reduce gambling harm. Particularly for younger generations
This means it's also unlikely to see PayPal available anytime soon at online casinos.
But, we'll monitor the situation and let you know if anything changes.
Best Alternatives to PayPal in Australia
Although you can't use PayPal directly at online casinos in Australia, other popular methods offer similar benefits. Based on our experience, the options below are widely accepted in most online casinos in Australia.
How Does PayPal Compare to Other Banking Methods?
Our experts have compiled the table below to help you compare similar payment methods. So you can choose the best alternative for your gaming needs.
Feature | PayPal/E-Wallets | Credit/Debit Card | Cryptocurrencies |
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Deposit time | Instant | Instant | Instant |
Withdrawal time | Within 24 hours | 2-5 days | Within 1 hour |
Security and privacy | Advanced encryption | Bank-level encryption | Blockchain security |
Bonus eligibility | Sometimes restricted | Usually eligible | Usually eligible |
Casino availability | Depends on the e-wallet | Widely available | Usually available |
How to Deposit at PayPal Casinos
Because PayPal isn't accepted in Australian online casinos, you can't make a direct deposit using this payment method. But, there are some workarounds you can use if you want to use the funds in your PayPal account to deposit money into your online casino account.
Based on our experience, here are our top suggestions.
Transfer to an Accepted E-wallet
Although PayPal isn't an accepted e wallet at Aussie casinos, there are other reputable e wallets available at Australian online casinos. So you can transfer money from your PayPal wallet to the accepted e wallet to fund your casino account.
- Find an online casino that offers e wallets as a payment method.
- You'll need to create an account with an available e wallet.
- You can then transfer the funds in your PayPal account to one of your new e wallet account.
- You can use this to make deposits and withdrawals at an online casino.
Just be aware that not all e-wallets accept PayPal for deposits. So double-check that your preferred e-wallet does before you create an account.
Purchase a Prepaid Voucher
Many prepaid vouchers, like Neosurf and Paysafecard, allow you to purchase a voucher using your PayPal account.
- Find a Neosurf casino or Paysafecard casino by checking out our recommendations.
- Visit your preferred prepaid voucher website.
- Select buy a voucher online.
- Choose PayPal as your payment method, log into your account, and transfer the amount you wish to purchase.
- Use your prepaid voucher to deposit money into your online casino account.
Purchase Cryptocurrency Using Your PayPal Funds
Crypto casinos are becoming incredibly popular in Australia. You can also easily purchase cryptocurrency using your PayPal account.
- Decide on the type of crypto you want to use and then find your favourite Bitcoin casino, Dogecoin casino, Litecoin casino etc.
- Create a crypto wallet with your preferred crypto.
- Log into your account and choose PayPal as your preferred payment method to buy crypto.
- Transfer the amount you wish to purchase as crypto.
- Use your crypto wallet to make a deposit into your online casino account.
The best part? Cryptocurrencies offer super fast deposits and withdrawals, so you can quickly cash out your crypto and put it back into your PayPal account.
They are also one of the lowest-fee payment options at online casinos in Australia.
How to Withdraw Money from PayPal Casinos
No casinos in Australia accept PayPal, so you can't select PayPal as a withdrawal option. Instead, you'll need to choose an alternative withdrawal option when visiting the casino's cashier page.
If you want your winnings to end up back in your PayPal account, you can make a double transfer. Just follow these steps:
- Head to the cashier's page: Select an available payment option at the casino. This might be another e wallet, cryptocurrency or even a bank transfer.
- Make a withdrawal request: Once you've chosen your chosen payment method, enter in how much you wish to withdraw.
- Wait for your funds: Once the funds arrive, you can make another transfer directly to your PayPal account.
Withdrawals to crypto wallets are an easy option. A bank transfer is also a quick and easy choice.
Just be aware that you may need to use the same method for deposits and withdrawals. Some online casinos will only let you withdraw your winnings using the same method you used to make your deposit.
Limits, Fees and Costs at PayPal Casinos
While you can't use PayPal to debit or withdraw from your online casino account directly, it's still important to understand the fees associated with it. This is especially true if you're keen to use one of our suggested workarounds to help fund your account using other payment methods.
Is There a Deposit Limit and What are the Fees?
You can send up to $4,000 with an unverified PayPal account and up to $60,000 with a verified PayPal account in a single transaction.
It’s free to use PayPal to donate or to pay for a purchase - unless it involves a currency conversion.
But if you're transferring to another payment method (and then transferring back), you'll also need to check the fees for that service. And if there are any fees for your chosen online casino.
Is There a Withdrawal Limit and What are the Fees?
The maximum limit and withdrawal fees will vary depending on the casino.
They also depend on which other payment method you choose to make your initial withdrawal before you transfer it to your PayPal account. The fees can also differ based on the specifics of your PayPal account.
Based on our experience, we always recommend checking the T&Cs at each casino to check withdrawal fees. Also, check any conversion or processing fees applied by PayPal to get the funds back into your account.
Other Limits and Fees
Paypal tends to have quite a few different fees associated with having a PayPal account. This can include domestic personal transactions, international transaction fees or conversion fees.
You can see a comprehensive breakdown of the fees on PayPal's official website.
Information About PayPal
PayPal Holdings, Inc. is a leading online payment platform letting you make and receive payments securely over the internet.
As the first ever e wallet, it's revolutionised the way transactions are done online, offering a fast, secure, and user-friendly experience
At the 2023 Payments Awards, PayPal was named the Best Online Payment Solution
Founded | 1998 |
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Headquarters | San Jose, California, USA |
Number of employees | 30,000+ |
CEO | Alex Chriss |
iOS app | For Apple users |
Android app | For Android users |
Support | Customer support |
Available currencies | AUD, USD, EUR, GBP and more |
Fees | Yes - they vary depending on transaction type and currency conversion |
Publicly traded | Yes, NASDAZ |
Acquisitions | Braintree, Venmo, Xoom and iZettle |
Conclusion
PayPal is a great payment option for Aussie players. Although there aren't any PayPal casinos available, there are still ways to use this payment method to your advantage when playing at online casinos. So you can benefit from the fast, safe and convenient transactions that PayPal offers.
But if you're looking for a more direct way to transfer your funds into your online casino account, you may want to consider using a more widely available alternative e-wallet. Plenty of excellent casinos offer payment methods with similar features and benefits to PayPal.
PayPal Casinos FAQ
Unfortunately, there are no Australian online casinos that accept PayPal for deposits or withdrawals. However, plenty of online casinos accept other types of payment methods that are available to Aussie players. Our list of alternatives above gives you access to some high-quality casinos so you can play with confidence.
While there are no Aussie PayPal casinos available, many real money online casinos accept other popular Australian payment methods. For example, deposits and withdrawals can be made with a transfer from your bank account, debit card, or other banking method.
It's free to register for a PayPal account. You can then use the funds in your PayPal account to transfer to a payment method available at your favourite online casino. No online casinos in Australia currently accept PayPal as a payment method.
For online casinos that accept PayPal, transactions are instant for deposits. The transfer should also be instant if you transfer funds to another payment option. Although his can depend on the payment method you choose.
No, you can't withdraw your winnings directly to your PayPal account from your online casino account. When transferring money from your casino account, you must choose an available payment option. Most casinos will offer a decent range of options, including for fast withdrawals, like cryptocurrency and e wallets.
![Nathan Reynolds](https://asset.auscasinos.org/prefix/nathanauthorjpg-mzkt/%2Fnathanauthorjpg-mzkt.jpg?w=1000&auto=compress&auto=format)
Nathan is our in house finance expert. He covers everything there is to know about the various payment options available at online casinos, helping you choose the best payment method for you.
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