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Before you deposit real money, you have the opportunity to try out the entire game selection for free at all providers on my PayPal Casino list after registering. You should also always take your time to familiarize yourself with the terms and conditions and bonus conditions in order to decide whether you would like to accept an additional starting credit. You can also learn more about this further down on this page.
The top PayPal online casinos for different categories

In the following, I have sorted the casinos into different top lists so that you can choose a provider that suits your taste. This will make it easier for you to find a suitable provider to wager real money on your favorite games via the best online casinos. Simply select a category that you are particularly interested in, click on the topic and jump directly to the corresponding paragraph.
PayPal casinos with especially many games
In this compilation, I'm just focusing on the bare numbers. The more games the better! Of course, there are many different categories for you to discover! Hundreds of slot machines as well as roulette and blackjack in the most popular versions are of course an absolute must! The following top list includes online casinos that no longer provide casino games with PayPal payments, but also offer video poker, casino poker, live dealer games, scratch cards, lottery games and other instant win games in addition to the classic titles.
The many titles are supplied by game developers from all over the world. If you are a fan of games from a certain developer, then I have sorted good PayPal online casinos by software manufacturers further down the page. There you will find both the brands known in New Zealand from gaming arcades and pubs as well as the developers spread on the net and their top games! The overview of international game developers can be found here.
Provider with super slot machine assortment
If you use PayPal in one of the online gaming arcades listed here, you will get access to hundreds of slots with varied themes from different international game developers. Three-reel fruit slots and modern video slots go hand in hand here. You can choose to play with over 200 paylines or with the classic five. The stakes per spin are correspondingly flexible. All without forced pauses and hourly win limits!
As a rule, you can expect high payout rates around 96%. The fairness of the random results and authenticity of the data is verified by independent testing laboratories.
Even without PayPal you don't have to miss out on gaming fun! Just follow the link to the selection of my best online slots casinos.
All of this is topped off with fast-growing fat jackpots that can reach several million euros on progressive slots like Mega Moolah, Jackpot Giant and Mega Fortune. Main winnings in arcades or casinos simply can't keep up with that.
Good Internet casinos for roulette fans
Of course, you can also use PayPal for online roulette. An advantage of Internet casinos is that there are many different variants of the game. So you can not only play the European, French or American version, but also find exotics like Pinball Roulette, Multi Wheel Roulette and Card Roulette in the game selection. A special feature is Age of the Gods Roulette, which provides a slot bonus round and a randomly triggered jackpot, offering a unique excitement. You can learn more about the different game versions on my page about all roulette casinos.
One of the peculiarities of online casinos is that the bonus conditions penalize table games like roulette, since the stakes are not as risky as, for example, on slots. At the roulette casinos recommended here, you can realize the bonuses with a comparatively good weighting of the stakes. If you don't know exactly what this means, you can learn more in the section about PayPal casino bonuses.
The right address for Blackjack friends
Blackjack is similar to the previously mentioned roulette. If you choose a provider from the following list of Blackjack PayPal casinos, you will be offered fair bonus conditions on the one hand and other great game types in addition to the classic variant. For system players, for example, Blackjack Switch with its particularly high payout rate is interesting. But also versions like Surrender, Double Attack, Double Exposure and 21 Duel Blackjack have a lot to offer for both old hands and beginners. More information about the mentioned card games and other top providers without PayPal can be found on my page about all blackjack casinos.
In order to play for real money as successfully as possible, I would like to recommend my page about blackjack strategies. There you will find a very simple guide to always make the right decision at the table. If you follow the link, you will find my blackjack strategy table.
PayPal Casinos by Game Developers

The many different developers that supply the operators on my PayPal casino list with games have different ideas and features, similar to computer game manufacturers. While for players visiting an online casino for the first time, the brands already known from gaming arcades, arcades and casinos are of great importance, smaller software companies with even more unknown games are also interesting for experienced frequent players. I have compiled an overview of the most important software houses here. One click will take you to the respective top selection.
Well known from New Zealand casinos and gaming arcades: Bally Wulff
The slot machines of this New Zealand company can be found in many commercial gambling houses and restaurants in this country. Today, popular titles such as Fruit Mania, Crystal Ball and 40 Thieves can also be found in licensed online gaming arcades. Currently, however, there is unfortunately no casino with PayPal deposit. Those who still want to start playing can find the games at Lapalingo, for example, and simply use one of the many other deposit methods.
Lion Play and its Lionline games
Lion Play from Bingen on the Rhine may already be known to some of you through the more than 400 casinos in New Zealand. Since 2006, you can play some of the games of Löwen Play online under the name Lionline. However, the brand is still quite rare to find in Internet casinos. But even if there are no more online casinos with PayPal, I can recommend a few providers.
You can play slots like Hot Wheels, Rise of Napoleon, Dracula and New Crazy Seven there. The table games from Lionline are not offered there. But that's honestly not important either, as these are roulette and blackjack versions with no real special features.
Merkur - Offline a giant, but online unfortunately very small at the moment.
The slot machines manufactured by the Gauselmann company can be found not only in the company's own chain of arcades, but also in casinos and numerous restaurants. Due to this high distribution, the brand with the sun and well-known titles such as Jokers Cap or Triple Chance are also in high demand on the Internet. However, the company has taken almost all online games off the net at the beginning of 2018. So, if you want to play Merkur slots in a PayPal casino, you have to live in Schleswig-Holstein and unfortunately currently settle for Eye of Horus, El Torero, Fishin' Frenzy and Wishing Well.
If you want to stay up to date with the developments at the New Zealand gambling provider, you can find news about Merkur on my standalone page.
Currently not playable on the Internet: Novoline slot machines
The Novoline games around Book of Ra, Dolphins Pearl, Lucky Lady's Charm, Faust and Lord of the Ocean are unfortunately not playable for real money on the Internet at the moment. Thus, no PayPal casino offers Novoline slot machines either. However, in the following section I have a great alternative for all friends of Novomatic slot games. You will find out immediately when the popular slots are back online on the Novoline site in the news section.
Play'n GO - In the fast lane
A software developer that has become increasingly important worldwide in recent years is the Swedish company Play'n GO. In this country, too, its importance has risen sharply since 2018, because anyone who wants to visit a PayPal online casino in New Zealand will find a good substitute for the Novoline games that are no longer available.
Shortly after Novoline slots were no longer available on the net in this country, Play'n GO put a number of very similar slots online. Games like Book of Dead, Lady of Fortune and Pearl Lagoon are just as fun as their famous role models thanks to the risk games and payout rates.
The most noticeable difference in gameplay is certainly the sound. Depending on who you ask, the music and effects are either a real improvement or unfortunately take too much getting used to. Just test it yourself for free with me!
Apart from that, the Swedes were awarded the Slots Provider of the Year 2018 at the EGR Awards. From this, you can already see that there are some highlights awaiting you at online casinos with Play'n GO games. These include, for example, Viking Runecraft, Multifruit 81 and Aztec Warrior Princess.
You can find more information about the developer from the tranquil town of Växjö and some free slots to try out on my Play'n GO online games page.
Playtech - one of the world's leading developers
Playtech is one of the three largest software houses for iGaming products. The company from the Isle of Man programs one of the most widely used casino software platforms and, together with its subsidiaries, has over 600 games in its range. Some of the most popular slots include Gladiator, White King, Beach Life and the perennial favorite Great Blue.
Playtech is also a leader when it comes to varied roulette and blackjack game variations. On my standalone page you can find Playtech online casinos with PayPal as well as more about this great software developer and free games.
Microgaming - the original
Microgaming has led the first online casino software to market maturity and until today a leading role in the industry. High distribution, varied game selection and great slot machines make the company from the Isle of Man is known by players all over the world. Highlights include the Mega Moolah jackpot slot and machines with movie licenses like Terminator 2 and Jurassic World. If you make a PayPal deposit at a Microgaming casino, you don't have to worry about long-term gaming fun.
Just follow the link to the Micogaming casinos with PayPal. There you will also find more information about the game selection, more about the special features of the numerous games and some selected slots for free testing.
NetEnt - Quality from the far north
The Swedish company Net Entertainment is one of the three largest game developers in the iGaming industry. Advanced mobile gaming and internationally popular slots like Starburst, Jack and the Beanstalk, Gonzo's Quest and the jackpot slot Mega Fortune made the company a big name. But also the table games and the live casino are among the best the market has to offer.
Of course, I have also dedicated a separate page to the company from the far north, where I provide you with free games to try out, an overview of the diversity of the company and selected Netent PayPal casinos.
New and innovative: Yggdrasil Gaming
This game developer has only been active in the industry since 2013, but it has quickly made a name for itself among players and experts. This statement is evidenced by awards at the International Gaming and EGR Awards. Both the software in general and the slot machines in particular were recognized several times at award ceremonies between 2016 and 2018. You can find out where you can experience the great games like Vikings Go Bezerk and Champions of Rome on my Yggdrasil PayPal casinos page.
PayPal Casino Bonus - get started with additional starting balance
At this point, I recommend bonus offers that have attracted positive attention in the test not only because of their amount, but also because of their transparent conditions. It is important to emphasize that I have summarized exclusive PayPal Casino bonus offers and normal welcome bonuses at this point. The cyberwallet is now accepted by many online casinos as a payment option, but there are rarely special Paypal bonus offers for depositing. If you make a deposit with the e-wallet, then you will get a welcome bonus at these online casinos with starting credits!
Always answer the following questions first before accepting a bonus:
Turnover requirements:
How many times must the bonus amount received be wagered?
Period:
How long do you have to clear the bonus?
Weighting of the games:
How much do the wagers of the different games count towards the bonus turnover?
Restrictions:
Which games or wagers are excluded from the bonus?
Maximum stakes:
What are the maximum wages allowed per spin or round when a bonus is active?

However, keep in mind with all offers listed here: A casino bonus is not a gift of real money! Conditions must be met in order to withdraw the bonus!
On my page about online casino bonuses you can find more information about some bonus conditions.
PayPal Casino no deposit bonus and free spins
No deposit casinos are still not easy to find. If you are looking for good offers, you can find casinos with free starting credits behind the following links as well as my page about casinos with free spins.
Of course, the prospect of winning without risk is enticing! But as already mentioned in the previous section, there are conditions that must be observed! As a rule, winnings earned with free spins or free money are not paid out immediately. You have to fulfill turnover conditions beforehand, which are similar to those of a normal bonus offer. Always read the terms and conditions!
New PayPal Casinos
At this point I show you providers that I have recently tested. I try to find new casino sites accepting PayPal and present them to you. This is especially interesting for those of you who are looking for new bonuses.
I have also created a page about casinos that are only a short time on the market. There you can see the advantages and disadvantages of fresh providers and then make your decision about whether you can trust a new online casino with PayPal deposit. Follow the link to the page about my newest online casinos 2021.
PayPal Casino Apps - Where can you download them?
The question about Mobile PayPal Casinos often comes up, because players in New Zealand cannot simply go to the App Store to download an application as they are used to. There are only play money versions of the casino games or apps where you buy credits for real money. PayPal is also offered for this purpose. The catch is that you cannot withdraw money. Do not be fooled by such false offers!

Play mobile at the PayPal Casino!
Real PayPal Casino apps for download are not offered in the iTunes and Google Store. Instead, you can simply visit the casino's website directly with your iOS or Android mobile device and start the games directly in the browser. On smartphones and tablets, you can then also easily deposit with PayPal in the casino with the following top selection.
The only small disadvantage is that in mobile PayPal casinos the game selection is still somewhat smaller than on the home PC. You can learn more about this, about playing on the go and about the reasons for the lack of real money casino applications in the app stores, on my page about mobile casinos.
Live Casinos with PayPal
According to a survey by the BZgA, sociability is a reason for 14% of New Zealands to participate in gambling. Conversely, one of the negative criticisms of an online casino is the lack of communication with other people.
Live dealer games can compensate for this weakness. With great HD streams as well as the possibility to chat with the croupiers and other players, a very special atmosphere comes into your own four walls. Another plus point of live table games are the relatively high table limits that can be found. This is of course of particular relevance for high rollers, which I will discuss in more detail in the following section.
The above compilation shows exemplarily how difficult the choice is today fortunately already. Many online casinos with PayPal now offer live dealer games from different stream providers and many different table games. You can learn more about the live streams on my page about all live casinos.

How does a PayPal casino work
In the following three sections, I'd like to briefly explain the first steps so you can see how quick and easy it is to use PayPal at an online casino. Ultimately, a famous quote from Elon Musk, one of the founders of the digital wallet, applies to almost the entire process.
That said, I'll walk you through the process once to clarify answers to common questions and clear up any potential stumbling blocks.
I'll start with signing up for PayPal, briefly discuss PayPal One Touch, and then explain how to create a player account at a reputable online casino and how to make your first deposit.
Create PayPal account and top up credit
Those who read this PayPal casino comparison will almost certainly already have a user account and can therefore jump directly to the registration at a PayPal casino. For the rest of the readers, I will briefly introduce the process.
First of all, you only need two things: an email address and a password of your choice.
Your email will be used to communicate with the payment service provider and the address will later be used to log in.
The most important thing at the beginning is that you should only choose a well thought-out password for your online account!
A secure password should:
- consist of a combination of upper and lower case letters, numbers and special characters
- consist of 10 characters or more
- be used for only one website
- not be entrusted to any other person, even if they are very close to you.
Only if you follow these rules, your account will be protected from unauthorized access. You can also find more tips on secure passwords on this page.
The next step is to link your bank account or credit card to your PayPal account. To do this, go to the e-exchange page and enter your account or credit card details. It is important to note that you can only use an account or a credit card if the owner matches the name you have previously given to PayPal. So you can't use a credit card or bank account of another person at PayPal.
If you have entered the data of your current account, PayPal will transfer an amount of 0,01€ to your account. The code in the subject of the transfer is important, because you enter it on the website of the e-wallet. This confirms that the bank account really exists and is definitely yours.
If you want to link a credit card, PayPal will charge it with 1,50€. In the statement you will see a 4-digit code, which you enter in your user account. After that the 1,50€ will be refunded immediately.
Now nothing stands in the way of depositing money into your PayPal account. However, you can also transfer money with the digital wallet without a balance. In this case, the money source that you have deposited will be automatically debited. In case of a bank account, this works via a direct debit mandate, in case of a credit card via the normal billing.
Keep in mind that your PayPal balance cannot be used as a limit! This would only work if you deposit a certain amount at PayPal and then remove your payment source.
PayPal One Touch
PayPal One Touch allows you to stay logged in to the payment provider permanently. So you have the possibility to pay directly without entering your login data. To do this, simply activate the function on your cell phone, tablet or PC of your choice. The function is only activated on this device. Other devices with which you use PayPal still need to enter your access data. Of course, this is an advantage if several people have access to one device.
PayPal will of course continue to check payment transactions for suspicious transactions when using One Touch, and changing your account settings will only be possible by entering your password. Nevertheless, for safety's sake, you should always deactivate One Touch if other people have access to your smartphone, tablet or computer.
Registering at an Internet casino of your choice
Registering with a gambling provider is even easier. Name, address, date of birth and an email address are all you need and you're in. You can then test all the games and features for free at your leisure. During this time, familiarize yourself with the terms and conditions and ask the customer service as many questions as you like. If you feel comfortable with the provider and have informed yourself well, you can make the first deposit via PayPal.
Online casinos with fast PayPal registration
Another way to register in an online casino is the direct PayPal registration. Here it is not necessary to enter your data again at the casino, but you log in directly with your PayPal credentials (email and password). My best PayPal casino with direct registration can be found below. Just try it out there!
Since you have already entered all your data at PayPal and these have been confirmed, you can start there directly. Also the deposits and withdrawals can then of course be commissioned immediately without any intermediate steps by you.
How to deposit in a PayPal online casino
To deposit, either click on the cashier area in your account or on the deposit button in the upper right corner of the website navigation bar. There you select PayPal from the list of available payment methods.
In the PayPal Casino test, the providers differed a little from each other in the following steps. But basically the principle is the same everywhere. You enter your email address used for the PayPal account and your desired deposit amount. Then you will be redirected to the PayPal website and log in with your password. You only need to confirm the previously selected amount and the money will be released. You can then immediately start playing with the freshly deposited funds. Consider beforehand whether you would like to accept a welcome bonus with your first transfer. More about this in the section with the bonus for deposits with PayPal.
What you should pay attention to when making a casino withdrawal with PayPal
If you want to use PayPal for the online casino payout, it is similarly simple as the transfer to the provider. However, note the following points:

Things to know about the casino payout with PayPal
Processing time
The casino usually processes the withdrawal within one business day. After that, the money is immediately credited to your PayPal account.
Identity verification
Before the first withdrawal, the casino will verify your personal information to prevent money laundering and unauthorized access to your funds. The customer support will ask for a copy of your photo ID and a utility bill to confirm your address and identity.
No withdrawal when bonus is active
A common stumbling block for beginners: you cannot withdraw while a bonus is active! The bonus and any winnings earned with it will be forfeited upon withdrawal!
To transfer money from the casino to your PayPal account, select the electronic wallet as the withdrawal method in the casino and specify your desired amount. After the usual processing time of 1-3 days, the money will be released and immediately credited to your account.
Fees and limits for PayPal payments
Cost money sending |
free of charge |
Cost money receipt |
1,9% + 0,35$ |
Cross-border fee |
+ 2,00% |
Charge credit card account |
free of charge |
Top up account bank transfer |
free of charge |
Top up account other |
free of charge |
Cost prepaid card |
not available |
ATM withdrawal |
not available |
Conversion fee |
3.0% to 4.0% |
Inactivity fee |
none, account closure after three years |
There are casinos that charge a processing fee for payment transactions. I have tried to avoid such providers when selecting my best PayPal online casinos. If fees are charged in individual cases, then these can be found in the overview of the payment methods offered.
When receiving a payment, the normal PayPal fees are also due in the casino. For payments in euros, the variable fee of 1.90% of the payment amount and the fixed fee of 0.35€ apply. In addition, a cross-border fee is charged. This is 2.00% for a payment within the Europe 1 country group, which includes Malta, Gibraltar and the UK.
Since a reputable Paypal casino will let the player choose the currency of the player account and transactions themselves, a listing of the exchange rate fees is unnecessary at this point. However, keep them in mind if you want to switch between different currencies for any reason.
PayPal fraud impossible! Payment security and account protection
PayPal is rightly considered one of the most secure payment methods on the Internet. This is mainly due to the basic functioning of an e-wallet. All transactions are not processed directly between sender and recipient, but PayPal acts as an intermediary. As a result, the parties involved in a payment only receive the most necessary information: One only sees the PayPal email address of the other.
This data economy alone already provides a significantly higher level of security than credit cards or bank transfers, for example, can offer. With such transactions, concrete account information is exchanged between the parties involved, which can already be misused. PayPal keeps sensitive information confidential and does not make it accessible to outsiders.
But the security of the system is based on other factors. Basically, any communication over the Internet consists of many individual steps. Only when each of them is sufficiently protected can the entire system be considered secure. As is well known, a chain is only as strong as its weakest link. So how does PayPal deal with this challenge?
Already at the level of communication between the customer's browser and PayPal's servers, security procedures are used. The Hyper Text Transfer Protocol (HTTP), which is normally transmitted in plain text, is encrypted via Secure Sockets Layer (SSL), making it unreadable for unauthorized persons. You can check for yourself that you are communicating via such a secure connection. If the PayPal website is preceded by "https:// " in the address bar of your browser, the secure connection is established. If you want to pay with PayPal in the online casino, you will automatically be redirected to such an SSL connection to the PayPal server.
In addition, you can use the PayPal security key to better secure access to your PayPal account. The small device that fits on your key ring automatically generates a unique numeric code every 30 seconds, which you have to enter when logging in to the PayPal website. So even with your email address and password, an attacker still can't access your e-wallet. However, if you lose the key, you are not locked out: Several security questions, which you can choose yourself and whose answers only you know, will then open the gates to PayPal for you.
To make sure that no one can link your real bank account with their own PayPal account, a test transfer will take place. After giving your account information PayPal transfers 0,01 € to this account for verification. The reason for transfer contains a 4-digit code, which you have to enter in your PayPal account. Only then are account and account linked. You can find more information in the section first steps with PayPal.
Furthermore, PayPal is also very involved in the clarification of other fraud methods. On the website of the payment service provider there is for example extensive information about fraud attempts like phishing or spoof. I will give you more detailed information about this further down on this page.
Does PayPal's buyer protection also apply to online gambling?
The PayPal Buyer Protection Policy lists a number of exceptions under point 3.2. This includes all betting and gambling activities. And if this hadn't been explicitly mentioned there, then casinos wouldn't be able to offer PayPal either. The reason for this is obvious:
With every wager, there is a probability of losing money. So if someone should be dissatisfied with the gaming results in an online casino with PayPal deposit, then he could theoretically claim his money back with the help of the buyer protection. Of course, a gambling operator has to protect itself against such behavior on the part of the players.
The advantages and disadvantages of PayPal
In two decades, PayPal has become the market leader among modern payment services and one of the largest companies in the IT sector. But where there is light, there is also shadow. There have also been controversies surrounding the Californian corporation and in comparison with other casino payment methods, there are also disadvantages!
The advantages
The brand's success story and trust can only be explained by a user-friendly and secure product. Those who want to make PayPal deposits at the online casino benefit mainly from the combination of the following strengths.
Easy usability on all devices
Email, password and the one-time entry of personal and account data are sufficient to subsequently pay for products and services worldwide easily and quickly. This applies equally to smartphones, tablets and on the PC. This convenience is further enhanced by the activation of One Touch and the ability to log in directly to the casino with PayPal.
Reliability, trust and distribution
The company processes several billion payment transactions a year, transferring hundreds of billions of euros. A company of this size is bound to make mistakes, which I will discuss below. The criticism of and error rate of PayPal is negligible, considering the transaction volume and the many millions of customers worldwide.
This is another reason why almost all renowned online stores offer this e-wallet for payments and the cyberwallet is also in high demand for online gambling. PayPal stands for reliable and trustworthy business activities!
Proven security and buyer protection
The data protection through the special features of the money transfer system and through the encryption of the connections secures your money. Also, the extensive buyer protection is an invaluable advantage when paying on the Internet, where you can not personally inspect the products you want to buy before you buy them! However, the buyer protection does not apply to games of chance!
The disadvantages
There are good reasons for both private customers and businesses to decide against PayPal. Unfortunately, the company has also made negative headlines in recent years - especially with account blockings. At the same time, some business practices are quite questionable. On the one hand, these are politically motivated, and on the other hand, account blockings are justified with flimsy reasons that would not be possible with a conventional New Zealand bank account, for example.
Political controversies
Examples of politically questionable actions include the blocking of the Wikileaks account, the blocking of a crowdfunding account for the book by murdered Russian oppositionist Boris Yefimovich Nemtsov, and the embargo of Cuban products in New Zealand online stores. The latter caused the drugstore chain Rossmann to end its cooperation in 2011. However, the dispute has since been settled and PayPal is once again accepted in the store.
Unjustified account blocking
While a blocked account is already very annoying for a private user, it can definitely threaten the existence of a company if payment claims from other business partners can no longer be serviced as a result. In addition, the process of unblocking the funds often takes many weeks.
A good example for unserious actions of PayPal was the blocking of a business account in 2010. Because there had been a problem with a payment transaction on the private account of a young man, the business account of his father was blocked. When the father inquired by telephone, reference was made to his son's account as the reason for the account blocking. Firstly, the linking of the two accounts is absolutely dubious and secondly, this reference is more than questionable in terms of data protection law. And that's not all: In the end, the whole process was even completely unnecessary! PayPal later certified the son in writing that he was not at all to blame for the irregularities that originally triggered the controversy!
The missing control by New Zealand supervisory authorities
The described problems of the "PayPal Bank" are also due to the fact that it is not a bank in the conventional sense. The company invokes the applicable law of the European headquarters in Luxembourg and insists on being only a payment service provider, for which different regulations and obligations apply than for a normal financial institution. Thus, it is also possible to do business in New Zealand within the scope of cross-border service transactions, but the company has no branch in New Zealand and no New Zealand banking license! Thus, it is also not subject to the supervision of the Federal Financial Supervisory Authority (BaFin).
The amount of fees and how they are charged
Another disadvantage of PayPal are the comparatively high fees. These are higher for transactions than for competitors Skrill or Neteller. The relatively unclear fee structure is also negative, because sometimes higher fees are hidden here than one would have initially assumed. Especially because the costs of a transaction are calculated as a percentage and depend on where the money was transferred from. This means that when you get money transferred from someone, you have less control over the costs, because after all, it is always the recipient who pays the PayPal fees.
The fees are also the reason why many reputable online casinos do not make PayPal available. Many operators would have to pass on the fees of the e-wallet to the customers and would thus have a clear competitive disadvantage in the face of tough competition.
Information about the company PayPal Inc.
The history of the cyberwallet began in 2000 with the merger of the companies x.com and Confinity, both of which had previously been involved with secure payment methods on the Internet. In the following two years PayPal developed into one of the most popular online payment methods in the USA. Its growth was inextricably linked to the rise of another well-known company from San José, California.
Any product that needs instructions to work is broken!
Elon Musk, co-founder of PayPal
The auction house eBay reached a high popularity at that time and in 1999 bought the company Billpoint for processing payments on its own platform. Since then, it was called "eBay Payments." However, PayPal quickly became much more popular in eBay auctions than the in-house payment system and therefore eBay decided to buy this payment provider in 2002 for the handsome sum of 1.5 billion US dollars.
Company name |
PayPal Holdings, Inc. |
Branch |
financial services |
Website |
www.paypal.com |
Regulation |
Commission de Surveillance du Secteur Financier |
Share price |
WKN: A14R7U / ISIN: US70450Y1038 |
Founded |
December 1998 |
CEO |
Dan Schulman |
Founders |
Elon Musk, Peter Thiel, Max Levchin, Yu Pan, Ken Howery, Luke Nosek |
Employees |
18,100 (2016) |
Revenue |
$10.842 billion (2016) |
Currencies supported |
Receive: 100+; Withdraw: 56; Hold: 25 |
Active accounts worldwide |
244 million (2018) |
Customer service |
0800 723 4500 |
App |
Yes |
Fees buyer |
free of charge |
Fees seller |
1,9% + 0,35$ |
The payment service has also been available in New Zealand since 2004, received a banking license in Luxembourg in 2007, and quickly rose to become the most widely used Internet payment service provider in this country as well.
Even the separation from the parent company eBay in 2015 has not affected the international importance and success. PayPal is the clear global market leader and so far there is no alternative that has managed to threaten the position of the payment method.
However, cryptocurrencies like Bitcoin suggest that they could revolutionize payments on the web just as e-wallets did two decades earlier. The most well-known digital currency can already be used as a payment method in internet casinos for a few years now. You can learn more about it on my page about Bitcoin casinos.
The e-wallet in online gambling
In 2006, things changed for PayPal in the gambling market. After the Unlawful Internet Gambling Enforcement Act (UIGEA) was passed in the US, it was henceforth forbidden for all payment service providers to process transfers to and from illegal gambling companies. As a result, some gambling providers (e.g. PartyPoker) have left the American market altogether.
But what gambling was illegal or legal where exactly was not defined in the said law. Because of this uncertain legal situation, PayPal finally decided to stop cooperating with online casinos, poker rooms or Internet betting providers. Only after the governments in America and Europe have legally regulated online gambling, players on both sides of the Atlantic can again deposit and withdraw on a casino site with PayPal.
Conclusion: Good selection of PayPal casinos
Not all online casinos accept PayPal, but for that the Internet casinos that work with the e-wallet are among the best providers in New Zealand. I have compiled a list of the best for you, on which there are fortunately no major differences in important details such as fees or processing times. Thus, a great selection and a lot of gaming fun awaits you at my PayPal casino test winners!