200+ diverse online gambling websites accepting of Australian players offer PayPal as a deposit method, and of those sites, the majority also offer PayPal as a withdrawal method. While a large chunk of these sites are bookmakers and poker rooms, Internet and mobile slots casinos also use this banking option. We only recommend licensed and trustworthy websites – those which have been awarded the eCOGRA Seal of Approval (an industry recognised award to online gaming companies which comply with the highest gaming standards):
PayPal is one of the most used online payment methods internationally, and is well-recognised as a trusted service to fund casino accounts. The e-commerce company offers 100% protection against unauthorised payments and enforces a fair dispute policy, which makes it an ideal option to consider when handling casino banking.
The above online casinos are part of the established Fortune Group, a coalition of reputable Web-based casinos. Using PayPal at either of these websites is convenient and direct – we don’t need to rely on transferring PayPal funds to another e-wallet which acts as a medium to deposit cash in our casino account; it’s just the one simple direct transfer from PayPal to our accounts.
How to Deposit & Withdrawal with PayPal
To make a PayPal deposit or withdrawal on your preferred casino website, the process is similar to how you may use PayPal for day-to-day purchases on the Net.
To do so at one of our top recommended sites, simply visit the banking section of Royal Vegas or Platinum Play and click on the deposit option in the main menu. From there, locate PayPal in the list of options, click through and input your account information and the amount you’d like to deposit or withdraw.
PayPal will redirect all casino banking transfers to your PayPal account, and will always prompt you to sign in before approving the deposit or withdrawal.
In Australia, we can obtain a PayPal debit card which transfers money directly from your account for transactions at thousands of vendors. PayPal transactions directly into our bank account can take up to three to four business days, so if it’s prompt payment you’re after, a debit card is always a great option.
When you sign up, you’ll need to choose either a personal or business account. A personal account is usually the way to go because the fees will be lower, making it a great option for gambling on the pokies.
Casino Banking and PayPal
As PayPal is primarily used for business purposes and Internet shopping, it isn’t as extensively supported by casino websites as other online options. However, the service has stepped up and added support for gambling websites under two conditions: the site operator must have obtained prior approval from PayPal to accept payments through the PayPal service, and the website and all of its customers must be located exclusively in jurisdictions where online gambling is allowed under local laws. The second reason is why it isn’t seen as often at many sites, but it is still a great option to use when available.
Contrary to popular belief, PayPal was not always associated with eBay. The e-commerce company began as an online money transfer service in 1998, founded by Ken Howery, Max Levchin, Elon Musk, Luke Nosek and Peter Thiel, in Palo Alto, California. In 2003, the e-commerce service was purchased by eBay, which soon made it the default payment method on the world’s most used Internet auction site.
While PayPal is not synonymous with online pokies like Neteller or Skrill (Moneybookers), it does service 359 online gambling sites worldwide. Considering it was intended primarily for business purposes and not Internet gambling, it is an impressive level of support.