*New players only, £10 min fund, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250) to real funds, 65x wagering requirements and full T&Cs apply here.
PayPal has been around for decades and, in that time, has cemented itself as one of the most used payment methods available online. In short, it is definitely worth considering using PayPal when deciding on the payment method you want to use to fund your Amazon Slots account.
In this article, our experts look at the background of PayPal, how it works and why you should or should not use it online. Read on as we explore PayPal and gambling at casinos with this popular deposit method.
Where Does PayPal Come From?
PayPal has its roots in Confinity, initially started by Max Levchin and Peter Thiel. Paypal launched in 1998 as a company that created software for handheld devices. Confinity made the switch to digital wallets in 1999 when they released a very early version of PayPal. A year later, they merged with X.com, which Elon Musk originally founded. They then went to list the company and was soon bought by eBay for $1.5 billion, propelling them across the globe, becoming a payment processor for retailers. By 2015, PayPal parted ways with eBay and struck out on its own; the rest was history.
How to play with Amazon Slots using PayPal Payments
PayPal offers players a straightforward method of depositing and withdrawing money at a casino. They act as a third-party intermediary between your bank and the casino, allowing you to begin and manage the transaction effortlessly.
First, you will need to register a PayPal account if you do not have one:
- Sign up at PayPal with your personal details and create a password
- Register any credit or debit cards that you want to link to your PayPal account
- Wait for your account to be approved
Quick Registration using PayPal, a more efficient way to play. Simply follow these steps:
- Open a casino account with Amazon Slots
- Navigate to the “Cashier” menu or “My Account”
- Set your limits if you want and choose whether the casino should remember your PayPal details
- Select deposit by PayPal
- Select the amount that you want to deposit
- Input your email and/or phone number that you registered your PayPal account with
- Put in your PayPal password.
- Confirm the transaction
- Wait for the funds to clear in your Amazon Slots casino account.
When depositing money into your casino account, you can use funds already in your PayPal account or deposit money straight from your bank account.
After playing for a while, and if you get lucky on our games, you may want to withdraw your winnings. This procedure is not complicated and is the reverse of the deposit method. It should be noted that some casinos only let you withdraw to a payment method that you have used to deposit money.
Follow these steps to withdraw funds using PayPal at our Casino:
- Head to the “Cashier” menu or “My Account”
- Select Withdrawal
- Choose the withdrawal method; in this case, PayPal
- Decide on how much you wish to withdraw
- Confirm the withdrawal
- Wait for the withdrawal to be processed by the Amazon Slots team
The deposit and withdrawal process for PayPal at casinos is similar to using a Debit card or other payment methods such as Skrill and Neteller. If you have used one of them before, PayPal will not present you with any problems.
Why Should I Use PayPal?
It is always a good idea to look at the pros and cons of using a specific payment method. Here are the standout positive aspects of using PayPal at Amazon Slots:
- Deposits and withdrawals are relatively fast. When making a deposit, it will reflect in your account in seconds. Withdrawals are not as fast, but you can expect your funds almost as fast as others.
- PayPal is a trusted global leader in the payment processing industry.
- PayPal has some of the best security available. If you do not wish to share your details with a casino, you could easily use PayPal to keep your personal information safe.
- You can use PayPal at a wide variety of casinos; almost every casino will accept PayPal as a payment method.
- It is free to create a PayPal account. The only fees they usually charge are for currency conversions and some transactions outside of our casino.
- The Financial Conduct Authority regulates PayPal.
- Casinos tend to give high limits for PayPal users.
Amazon Slots PayPal Casino Tips – Top Mistakes to Avoid
Everything has a downside, and there are negative aspects to every payment method. Here we list some of the notable downsides of using PayPal:
- PayPal does charge fees, and some casinos do charge for a withdrawal to PayPal to cover the fees that PayPal charges them.
- PayPal has a habit of freezing accounts to verify the account holder's identity. This can cause unnecessary delays and a lot of frustration on behalf of the account holder.
- Scammers love targeting PayPal holders to get access to their accounts. You could be on the receiving end of one of these scammers who send you fake emails.
- There is no buyer protection for a gambling transaction.
- Some casinos do not give welcome bonuses for deposits using PayPal
PayPal Casino Advantages Quick Facts
If you are still not convinced that PayPal is a great idea for transacting with casino sites, we have a few other services they offer worth mentioning.
In addition to being the most widely used digital wallet in the world, PayPal lets you send money to friends and family across the world without having to share any of your personal details. You can log in from a desktop computer or use their smartphone app to manage your PayPal account. You can also use the PayPal app to make in-person payments directly from your PayPal account. PayPal.me is a handy feature that lets you generate a link you can then share with someone to let them pay you.
*New players only, £10 min fund, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250) to real funds, 65x wagering requirements and full T&Cs apply here.
What bonuses can I look for when depositing with PayPal?
Most of the time, e-wallets are not eligible for use with bonuses and are often excluded from promotions. Fortunately, with PayPal, you are unlikely to encounter this problem. You will have plenty of options when you use PayPal as your preferred payment method, so always keep a lookout for the latest promotions from Amazon Slots.
Match Bonus
This is one of the most often spotted bonuses available to players. This promotion matches your deposit with a certain percentage. You will often find that you receive a 100% bonus on the funds you deposit, giving you twice as much or even three times more to play with.
Free Spins
Popular with new players and using PayPal is often a good option when claiming the offer. The casino gives you a certain number of free spins when you make your first deposit, which could be lucrative for players – these spins are usually limited to a small number of slots.
Rebate Offers
This promotion typically involves the casino giving back a certain percentage of the money you lost during a pre-defined period, such as once a week. This could be very handy after an unlucky week as you get to recuperate some of your losses.
Final Verdict
You cannot go wrong when using PayPal as your preferred deposit method. The service that PayPal offers is unparalleled by any other company. The wide support and acceptance that PayPal receives make this a top Amazon Slots choice for players, as you can basically use it anywhere. Integration with banks is second to none, making transactions fast and easy. The positives far outweigh the negatives, which is exactly why PayPal is such a popular payment method here at Amazon Slots and many parts of the world.
FAQ
Q. How are PayPal transactions recorded on my bank statement?
A. They record simple transactions as PayPal Payment on your statement. This means you will need to log in to your PayPal account to see the details of each transaction.
Q. Is it safe to use PayPal at online casino?
A. Yes, PayPal is only available for use at casinos that adhere to the rules of the UK Gambling Commission. It is a trusted and reliable payment option for UK casino players.
Q. Can I use PayPal to cash out at online casino?
A. A Casino with Paypal as payment option will frequently allow you to withdraw to this payment method. But only if you've previously made a deposit with PayPal. If not, you may have to withdraw using another method.
Q. Is a PayPal casino withdrawal instant?
A. PayPal withdrawals at Amazon Slots take 1 – 5 working Days or less. In some cases, you can receive your funds in less than an hour. However, this is largely dependent on how quickly payout request gets approved.
Q. How do I use PayPal to play online casino games?
A. PayPal can be used to deposit and withdraw funds from online casinos. Payments are quick, secure, and simple. It's extremely popular among UK players.
Q. How do I get help and support using PayPal?
A. If you ever have a problem, there are many resources available to help you:
- An extensive FAQ section
- Community help
- Email or call for immediate assistance.
- For more information, visit PayPal's Help page.