Best PayPal Casinos in New Zealand 2022
There are tons of different payment methods that you will come across when you are considering different types of online casinos for New Zealand players. They will vary in terms of their speeds, ease of use, and fees.
One of the most popular forms of conducting deposit and withdrawals at online casinos is that of PayPal. This is one of the premium e-wallet options out there today. This review looks at all of the different aspects that are associated with using casinos that accept PayPal.
- Fast transactions
- Easy to use
- Safe a secure
- Widely supported
PayPal: How it works!
One of the most popular ways to add funds to an online casino account is through an e-wallet deposit. These are effectively online wallets for your funds that act as a safe barrier between your bank account and a third-party, such as an online casino.
One of the leading e-wallets in the world today is PayPal. A lot of people who are familiar with online transactions will have come across PayPal. This service allows you to quickly send payments between PayPal accounts, as well as paying and accepting payments from different destinations. PayPal allows for the very simple and straightforward funding of online casino accounts, as well as acting as a way for you to conduct payouts.
Payment procedure with PayPal
If you are looking to get started with using PayPal as a way to conduct online casino transactions, there are some steps that you will need to make sure that you follow. Here are those steps in a simple and easy layout:
- Step 1: Create a PayPal account for free
- Step 2: Verify your PayPal account
- Step 3: Add funds to PayPal
- Step 4: Create an online casino account
- Step 5: Add funds using PayPal
Still no account with PayPal?
If you are looking to start using PayPal as a way to add funds to your online casino account but you do not yet have a PayPal account, it is time to get started. The process of signing up will be free. All you need to do is enter all of the relevant personal info, as well as set your new username and password while agreeing to the terms and conditions. You will often have to verify your ID so PayPal knows that you are who you say you are.
The next step is adding funds to your PayPal. This can be done in many different ways, such as through credit cards and debit cards. Once you have funds in your account, all you need to do to add funds to an online casino account will be to enter your PayPal email address and password, followed by how much you want to deposit. The same goes for making withdrawals, it’s as simple as that!
Pros and Cons of PayPal
Just like with all forms of online casino payment methods, there are going to be some pros and cons that are attached to using PayPal as a way to add and withdraw funds for an online casino account. Here are those pros and cons that you should consider before you start using this as a payment method.
Advantages of PayPal
There are some clear advantages associated with using PayPal that can be considered:
- Safe and secure: PayPal is known for being a very safe and secure way for people to send and receive payments over the internet. The platform acts as a barrier between your sensitive financial data and a third-party platform such as an online casino. All payments are encrypted and PayPal is licensed by authorities all across the world. There is also a good mechanism for getting refunds if any issue occurs after you have sent a payment.
- Quick and easy: Another advantage of using PayPal to conduct transactions is that it is very easy to use. All you need to do is enter your email address and PayPal password when adding or withdrawing funds and you will be good to go. This makes it ideal for transactions on mobile in particular, as there are not a lot of steps involved.
- Fast transactions: E-wallets such as PayPal are known for being some of the fastest ways to conduct transactions. Deposits to an online casino via PayPal will usually see your funds credited to your online casino account almost straight away. For withdrawals, these funds will also usually be processed almost instantly after the payout request has been approved.
Disadvantages of PayPal
As well as the clearcut advantages of using PayPal as an online casino payment method, there are also some drawbacks that you should also consider. There will normally be certain fees associated with using PayPal. These can change depending on your account type and region, so this is something you will have to check out for yourself. When they won’t be massive fees, they are something that have to be considered.
There are also some online casinos that block players from depositing through e-wallets like PayPal and Neteller and still getting their hands on the welcome bonus. Therefore, make sure that you read the terms and conditions of a bonus offer beforehand to see if this is going to be a clause.
How long does a withdrawal with PayPal take?
One of the best things about using e-wallets when conducting transactions at online casinos is the speed of these payments. For PayPal, your deposited funds will normally be processed straight away to your account. For withdrawals, there will be a more extended period to consider, but this is due to the casino operator rather than PayPal.
For withdrawals, the casino operator will often take a day or two in order to approve your payout request. After this approval has been granted, a PayPal payout will normally process your funds straight away. Therefore, it is a faster way to get your money than using the likes of card and bank transfer withdrawals.
Top 5 Online Casinos that accept PayPal
There are many great online casinos that accept PayPal transactions. However, it is important that you can quickly narrow down this list and find a single platform that you can track out today. You should make sure that a casino fits all of your needs before creating an account. Here are five of the best casinos that accept PayPal:
PayPal Casino: Frequently asked & answered
For the most part, you will have to be at least 18 years old if you are creating an account with PayPal. Otherwise, you will not be able to start using this to add funds to an online casino account. The platform will verify your age by asking for proof of ID, so there is no way for you to get around this requirement.
The fees at PayPal will vary depending on the situation. Sometimes, you will have to pay fees when receiving money, but often you will not have to pay anything for sending funds. You might also face some fees for adding some of your own funds to your PayPal account through the likes of a credit card or a debit card.
A great indication of the safety of an online casino is if it accepts PayPal. You will find that a lot of the best online casinos will offer this as a payment method, while a lot of them not as popular platforms will not accept PayPal. Naturally, you still need to conduct further research to make sure that you are dealing with a legit offering.
PayPal will ask you to verify your identity before you are able to add funds to this account. This will entail uploading a copy of some photo ID, such as a passport or driver’s license. You should get quick approval. There may also be a step to verify your card or bank account by conducting a test transaction.
Each e-wallet is going to have its own advantages and disadvantages. While they are all pretty similar when you are looking at the leading options, the main difference will be the potential fees that are attached to them and how many online casinos support these as payment options.
If you are trying to narrow down the options of the different casinos that accept PayPal, then you will need to look to make sure that it is a secure and licensed site, has a great selection of games from some of the leading game developers, as well as having smooth gameplay and great bonus offers.
There will be some online casinos that will not allow you to claim the welcome offer if you have made a deposit using certain e-wallets, such as PayPal, Neteller, or Skrill. Therefore you need to make sure that this is not a rule in place at a given online casino before signing up. Otherwise, you will not be able to claim the welcome bonus.