Is it still possible to pay with PayPal at an online casino? No, it's not anymore. For a long time it was possible to find numerous providers where PayPal was easily available as a payment method.
However, in October 2019 an adjustment of the terms and conditions of PayPal took place
, which in particular concerns the cooperation with the virtual arcades.
Online Lotto with PayPal
by the way, it is still possible! In the following guide, you will find out what effects the new usage guidelines have on PayPal casinos and which PayPal alternatives are available.
- The US financial group adjusted its terms and conditions in October 2019. As a result, for users with German residence no PayPal payments in online casinos more is possible.
- As possible PayPal replacement both e-wallets and direct booking systems as well as payment apps and prepaid payment cards are possible. We have the Casinos with the best PayPal Alternatives for you!
- How much money do you have with the alternative transaction methods you can deposit and withdraw, the online casino determines.
- While Deposits generally available directly there are significant differences in the payout duration between the individual providers.
- Excursus sports betting: With some bookies you can still pay your sports bets with PayPal.
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- The casinos with the best PayPal Alternatives
- No German online casino with PayPal has been available since 2019
- Online casino without PayPal: what alternatives to payment are there?
- The best providers on the market
- What are the limits to consider in the online casino with the alternatives to PayPal?
- How fast are the deposits and withdrawals with PayPal alternatives?
- Excursus sports betting: What are the advantages of paying with PayPal for sports betting?
- Conclusion: Online casinos have enough payment options even without PayPal
No German online casino with PayPal has been available since 2019
PayPal was once one of the first companies to enter into a cooperation with online casinos, betting providers and poker arenas. In the middle of the last decade however, did PayPal collect a hefty fine in the US for this. As a result, the group decided to cancel all business relations with gambling providers. It was only in the course of the liberalization of the Dollarpean market that PayPal again began to enter into cooperations. Due to the strict guidelines of the online payment service, only relatively few new PayPal casinos could be found in the following time.
Already in 2018, the first rumors circulated in the scene that PayPal will withdraw from the German gambling market and online casinos can no longer rely on PayPal as a payment partner. In 2019, it was then observed that fewer and fewer online casinos could offer the payment method. Due to the change of the terms and conditions in October 2019, there has been no PayPal casino in Canada since the end of the year . As a result, there is also no longer any possibility to pay with PayPal in the live casino. However, it should be mentioned that these Restriction only applies to players with German residence .
What do the new terms and conditions of PayPal say?
In the sub-item "Prohibited activities", the US group has a new paragraph integrated into its general Terms and Conditions, which is explicitly dedicated to gambling providers and basically prohibits any online casino from using PayPal.
Why can only German users in the online casino no longer pay with PayPal?
The decision made by PayPal has various causes. One reason may be that the licenses issued by the state of Schleswig-Holstein expired in December 2018 and in January 2019. Thus, online casinos may be illegal (but covered by Dollarpean law), or at most tolerated. However, by mid-2020, the government plans to launch a new gambling contract which in the future also includes a legal framework for virtual gambling halls, i.e. closes the currently existing gray area. Until then, the gambling licenses from Schleswig-Holstein are likely to remain valid. In addition, the sharp criticism of consumer advocates may have contributed to the fact that players with a German residence can no longer use PayPal. They had been complaining about the fast and uncomplicated deposits for years, as they contribute to gambling addiction.
Another reason for PayPal's decision is legal disputes. Some players have claimed in the past that their deposits were not legal. In most cases, the financial service provider reached an out-of-court agreement with the respective user. However, various legal proceedings are also underway at the current time, some of which involve the reimbursement of sums in the six-figure range. Of course, if appropriate lawsuits are successful, this entails not to be despised expenses. Therefore, it is absolutely understandable that PayPal has pulled the emergency brake (at least temporarily).
Reading Tips: In our guide " Online casinos “ more on this topic.
Online casino without PayPal: what alternatives to payment are there?
Since in the near future it is not to be expected that an online casino with PayPal will appear on the market in this country, you will have to look for another payment option willy-nilly. Fortunately, most virtual gambling halls provide their customers with a wide selection of Online Casino Payment Methods available. Four categories of payment methods are particularly suitable as a substitute for PayPal:
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E-Wallets
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Direct booking systems
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Payment Apps
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Prepaid payment cards
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Cryptocurrencies
E-wallets as a PayPal alternative
Logically, in addition to PayPal, there are other e-wallets that work on the same principle. Examples of this are Skrill and NETELLER, but also ecoPayz and Webmoney . Here, too, all common payment methods are available to you to top up the virtual wallet. The only difference is that, unlike PayPal, the payment service providers cannot withdraw the money directly from your current account. Which is definitely a disadvantage: some online casinos close deposits made with Skrill or NETELLER from Casino Bonuses from. However, there are also some advantages over PayPal:
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Both with Skrill and NETELLER as well as with ecoPayz, the Lower transaction fees from. However, this is only relevant if the rare case should occur that the casino operator passes on the fees to its customers.
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If you use other e-wallets, you can sometimes Apply for prepaid credit cards . This gives you the opportunity to use casino winnings immediately and not have to transfer them to a bank account first.
Direct booking systems as a PayPal alternative
Usually, the payment portfolio of a casino also includes online direct transfer methods. Among the most famous providers in this area are Trustly , Sofortüberweisung (Klarna) and giropay . With instant banking, the financial service provider accesses the current account directly, which means that the credit is also immediately available to you. Unlike PayPal, however, there is a need to provide your account details. In addition, only withdrawals to a bank account are possible with Sofortüberweisung and giropay.
What should definitely be mentioned: Some cooperation partners of Trustly do not register and log in. In the so-called pay'n'play casinos you can deposit money immediately and start gambling. Since the comparison of your data is also regulated via Trustly, the KYC process is often not required in corresponding online arcades. Another plus is that Trustly has a TÜV certificate for data protection.
Payment apps as a PayPal alternative
A relatively new trend in the world of online gambling is represented by special payment apps such as MuchBetter or the Wallet application required for Apple Pay. Ultimately, these are also e-wallets, but they have been optimized for mobile use. Since both methods are relatively new, there are not too many online casinos that offer the payment options up to the current time. However, the number of virtual arcades in which you can MuchBetter or Apple Pay, constantly.
Google has also launched its own payment service. Google Pay works the same as Apple Pay and can also be linked to credit cards or similar. However, the payment service is not yet very widespread in the casino scene.
Prepaid payment cards as a PayPal alternative
Normally, the selection of payment methods also includes prepaid cards. These are suitable if you do not want to enter any data when making a deposit. Here, only the input of a 16-digit PIN is necessary. The system can be compared with the payment cards known from mobile phones. While the provider paysafecard is available in almost every online casino, you can only use the Neusurf payment card with some gambling operators .
Although at least with paysafecard the possibility of withdrawals is given, this is rarely offered. If you choose a prepaid payment card, you should also take into account that the limits are usually much lower than with other payment methods.
Cryptocurrencies as a PayPal Alternative
Great hope for the future of payment services is also placed in cryptocurrencies. First and foremost, Bitcoin is certainly to be mentioned here. The most famous and strongest Cryptocurrency is already offered at least at a few Bitcoin casinos . Bitcoin's competitors, such as Ethereum or Litecoin, are somewhat less common. A few online casinos have these in their portfolio. In the future, however, more and more providers should rely on cryptocurrency.
The main advantages of this payment method are the encrypted and anonymous payments. As well as the speed with which they are processed. The currency is also stored in a wallet and transferred over it. For this you only need a code of the casino. Conversely, a payout from the casino will be transferred directly to your wallet via the code.
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What are the limits to consider in the online casino with the alternatives to PayPal?
The minimum amounts are usually not set by the payment service providers, but by the casino providers. The minimum and maximum deposit and withdrawal limits vary a bit from casino to casino. Deposits are usually possible from as little as 10 dollars. The smallest possible payout amount for the majority of providers is 15 to 20 dollars. The maximum transfer amount is usually in the mid to high four-digit range, whereby you can sometimes even transfer more than 10,000 dollars.
How fast are the deposits and withdrawals with PayPal alternatives?
A big advantage of PayPal is the fast execution of transactions. However, the deposit amount is also immediately available to you if you are on E-Wallets and uses payment apps, instant banking or prepaid cards. So you can also start right after the deposit at the slots, put your luck to the test with table games or pay a visit to the live casino. Since it is now a standard that the Credit without delay in this case, the choice of the provider does not matter.
The payout is technically also executed within a few seconds. In practice, however, it depends on the processing time with the online provider. According to experience, the best casinos do not take more than 24 hours to direct the money. However, it should be noted that some British casinos in principle observe a waiting period of several days (retention time).
Excursus sports betting: What are the advantages of paying with PayPal for sports betting?
As already mentioned, paying with PayPal in the online casino is no longer possible. However, German sports betting fans can still fall back on the popular payment system. PayPal has not stopped working with Bookies.
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Easy handling : If you want to pay with PayPal at a sports betting provider, all you need is your e-mail address and your password. With this you log in to your PayPal account and confirm the payment. Sensitive credit card and bank details, on the other hand, remain under lock and key.
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Fast execution of transactions: While it sometimes takes several days for a bank transfer to transfer the money, PayPal forwards transactions within a few seconds. With a bookie with PayPal deposit, the money is therefore immediately available to you.
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High security : PayPal has financial permits worldwide and is also in possession of a Dollarpean banking license. The payment service is therefore regulated by the tax authorities and may also only manage customer funds in a secure way. In addition, the Group has a security department that monitors the systems around the clock. Data access by third parties is thus virtually impossible.
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Integrated buyer protection : With this special security feature, PayPal has earned a special name in the online business. The buyer protection unfolds its effect only in the field of trade and cannot be applied to the gambling industry. Nevertheless, the feature underlines the seriousness of the payment service provider.
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Toll-free payments : If you make a deposit with the e-wallet at the sports betting provider, there are usually no fees. Only the recipient of the money – in this case the gambling provider - has to pay a flat rate of expenses. However, reputable bookies with PayPal fully cover these costs. However, PayPal customers have to pay a fee of 2.49 percent and a fixed fee of 35 cents per booking when withdrawing their winnings. However, renowned bookies usually also bear these expenses. Here is more about the fee structure at PayPal
Tip : Looking for more Online casinos with sports betting ? Then read our further guide!
Conclusion: Online casinos have enough payment options even without PayPal
Since October 2019, not a single online casino can be found in Canada with PayPal. This will certainly annoy one or the other user. However, there is not really a reason for this. Finally, there are numerous alternatives to the online payment service, with e-wallets and payment apps having the greatest similarity to PayPal. But also direct booking systems and prepaid payment cards are certainly an interesting substitute for many gamblers. Most alternative transaction methods have both advantages and disadvantages compared to PayPal. Which payment method you choose depends above all on your personal preferences. In our editorial office, credit cards and e-wallets are at the top of the popularity scale as alternatives.
Of course, our editors also find it a pity that the popular means of payment is no longer available. However, we can fall back on enough very good alternatives to miss nothing. At the forefront is certainly Trustly, which is almost in no way inferior to PayPal in terms of speed, ease of use and security. Some of our editors also rely on Bitcoins or wallets Skrill and NETELLER .
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