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Best New Zealand casinos that offers deposits and withdrawals with PayPal
Best NZ PayPal Casinos
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If you’re looking to gamble online with PayPal you’ve come to the right place. This payment method might not have been the first one to partner up with online casinos, but it has certainly grown to become one of the most popular ones. PayPal casinos are no longer a rarity, and thanks to the versatile deposit and withdrawal options you can rest assured that this banking method is always one of the top choices.
One of the added benefits for offering PayPal as a payment method in online casinos is it’s good indicator that this casino also has everything settled when it comes to trustworthy licences and reputable operations. Not to mention that this method usually doesn’t exist alone, often being found with plenty of other payment methods. PayPal itself is of course a pretty old and respected company.
PayPal Casinos
What are the things you should consider when picking a PayPal casino? What is the history of PayPal itself? What does Elon Musk have to do with PayPal? Can I use PayPal in all casinos? These, and more questions, will be answered as we go through the details of this payment method, how it ended up in online casinos, and how the system actually works.
How Do PayPal Casinos Work
Quite simply, PayPal casinos whether they are New Zealand online casinos or casinos from across the world, work under the same principles. The term itself simply refers to online casinos that accept PayPal as a payment method. Of course, there is the added benefit of getting casino bonuses for your PayPal deposits.
The actual process is quite simple. You move money to your PayPal account, or simply link your bank account, or a debit or credit card to it. Then you login to one of our suggested NZ casino sites, enter the cashier and choose to make a deposit with PayPal. The money is transferred and you’re ready to play. When making withdrawal, simply choose PayPal as the method and follow the prompts. It really couldn’t be any simpler. Of course, if you are completely new to PayPal you will first have to register an account at their service.
History of PayPal
PayPal started operating in 1998, so in a way it is a somewhat new company. On the other hand, it pretty much started operating exactly when the internet started becoming popular. During this same period the first internet casino started showing up. The company was originally formed under the name Confinity, which merged with X.com, a company bought by Elon Musk, which together then formed under the name PayPal. The real success would come under the original founder Peter Thiel, under whose guidance PayPal soon grew to become one of the first online payment services, and certainly the one with the best reputation.
Joining Hands With eBay
It didn’t take long for the top companies in the world to notice that PayPal was fast becoming a success. One of the rising stars of its time, eBay, soon swept in to acquire the company itself in 2002. The cost of this was some 1.5 billion dollars, mostly paid in stock. Not a big surprise considering that eBay was already one of the most popular locations for using PayPal, though this is something that soon changed. It can be said that PayPals true success started here, with more and more online merchants accepting the payment method as a legitimate choice amongst all other payment methods.
PayPal Deposit Casinos
It took more than a decade from the moment eBay bought the company for PayPal to start accepting online casinos as customers. Perhaps not so surprisingly, this only happened after the company became an independent entity again, around 2014 and 2015. The reason for this is probably the company’s location, as the USA itself has had a very difficult journey with online casinos and online gambling. Originally the promised land of online poker, it soon became a barren wasteland when the government decided all this was quite illegal. It’s only now that the country is joining the rest of the world with jurisdictions, legal casinos and so on.
For New Zealand players the option has been available since the start, as is the case in all jurisdictions that have not made online gambling illegal. This isn’t the only requirement, as PayPal only allows online casinos that come with responsible gaming features to use their payment services. It’s worth noting that PayPal has also recently allowed the use of cryptocurrencies. They might just become the number one processor for crypto transactions when it comes to online casinos, as they already have the complete trust of customers when it comes to safety.
PayPal Today
Today the company is much more than just a payment processor. It is by far the largest of its kind, it also accepts a vast variety of different currencies, operates pretty much around the whole world, holds a banking licence, has deals with the other big traditional payment methods like Mastercard, and has even purchased several smaller online payment services like Xoom, Paidy, and Venmo. For New Zealand players this is a perfect method for depositing and withdrawing money for online casinos. It’s also one of the fastest methods, and completely safe and secure.
How to Use PayPal for Online Casinos
The steps for using PayPal in an online casino are rather easy. Obviously, this can’t be your only criteria for choosing an NZ online casino. We here at onlinecasinonz.help have plenty of articles for helping you choose the right casino, and a host of other information to make the process even smoother. Keeping that in mind, here’s how you make a deposit with PayPal on an online casino:
- Open up an account at one of our suggested online casinos.
- Once registered, head over to the cashier and select PayPal as your deposit method.
- At this point, it’s also a good idea to check if there are any possible bonuses you can use.
- Choose a deposit amount and wait for the cash to hit your play balance.
- You’re now ready to play your chosen casino games.
But how do you PayPal then? This is rather easy as well, though it does require a few extra steps. The only thing you really need to do is set up your PayPal account with all the correct personal information. In some cases, you might need to verify this information, and the same applies to online casinos. Once all this is done, the next step is loading up money on your PayPal balance. You can deposit directly via a variety of methods, such as online banking, credit and debit cards, using a PayPal cash card, with cryptocurrencies, or via a variety of other means. There’s also something called PayPal credit, but this is not usable in online casinos.
Though you might think using all these methods directly would be just as easy, that’s not really the case. First of all, PayPal is already a trusted and secure payment method. Secondly, as it works as an E-wallet, much like Skrill or Neteller, it is much faster to get your deposits and withdrawals through. And that’s the real benefit of this payment method.
Fees, Withdrawals and Deposits
Here’s the big question, is PayPal free to use? This is a bit of a complicated question. See, in general it’s completely free when making purchases with PayPal. However, moving money to PayPal, or withdrawing money from PayPal to a bank account or another method can come with fees. This is not really something any online casino can do anything about, and is in fact normal across all payment methods in the world. Another case where fees might be included are currency conversions. So make sure your chosen casino accepts New Zealand dollars, and you’re good to go.
In short, funding a PayPal account can come with costs, but transfers to online casinos with PayPal are generally entirely free. Of course, individual casinos might have transaction fees as part of their terms and conditions, but most of our suggested NZ online casinos offer all of this perfectly free as well.
Deposit times are usually instant. It might take a minute or two at most for your funds to show on your casino account. Withdrawals are another case entirely. The thing is, casino withdrawals are almost always checked and processed by the staff, which means that there is a delay of one to three days from this process alone. The better the casino, the shorter the delay. However, once the staff has checked your PayPal withdrawal it should make its way into your PayPal account in no time. And from there you can use it as you see fit.
Choosing the Best PayPal Casino
Now that we know a bit about PayPal and how it works, as well as the details of how PayPal deposits and withdrawals work, it’s time to take a look at the casinos themselves. There are a couple of points that we will consider here. Of course, for a better guide you can once again look at our suggested casino sites and articles on these subjects.
Something to consider first is the selection of games. There’s no point depositing money with PayPal to the online casino, if it doesn’t have the games you actually like to play. Whether that’s online slots, table games, live casino, poker or any other form of casino gaming is entirely up to your choice.
Secondly, licences and certificates. Though PayPal itself is a pretty famous company with a good reputation, you want to make sure that the casino adheres to the same high standards. Good gambling licences go a long way in ensuring that your experience is going to be spectacular and without issues.
Thirdly, make sure you can also get bonuses and promotions. Sometimes casinos don’t allow E-wallets to be used for bonuses. Luckily, this isn’t usually the case with PayPal. Nevertheless, check our best casino bonus offers to make sure they are available at your favourite online casino.
And finally, take a good look at the terms and conditions. You won’t be gaining much of a boost from the faster transfer times, or the lack of fees, if the casino in question actually has long processing times and imbues the transactions with fees of their own. Our suggested casino sites tend to be free of such disadvantages.
PayPal and Mobile Gaming
One of the main advantages of PayPal is its easily accessible mobile interface. No need to carry around cards or remember online banking details. All you need is your smartphone, the very same one that you can use to access online casinos and play your favourite slots with. Whether you do this through the mobile app or directly via browser is your personal choice, and the same applies to using mobile casinos. What we can tell you is that this combo is perfect for mobile casino gaming. If you’re looking to play on the go, PayPal casinos should definitely be your first stop.
PayPal Casino Security
We’ve mentioned this as an added benefit for a handful of times now, but what exactly is the level of security at PayPal? There are many different layers to consider. Some of these ensure your personal data is safe on PayPal’s end, others make sure the transactions are private and secure, whilst others ensure protection for transactions.
The technological aspect is of course a bit hard to understand if we would go too deep with the details. However, players should know that they are protected when they login, with the possibility of adding additional steps such as One-Time Pin. Secure communication, that is your computer sending bits and pieces to either the online casino or to PayPal servers, is done through secure layers.
PayPal Protection
Buyer protection is something that PayPal offers to protect people who use their services. It essentially guarantees money back if the purchased product doesn’t match the description. However, this is not something that extends to online casinos, or other similar services. It is more of a service aimed at goods, not services.
But that doesn’t mean its existence would be entirely without benefits for casino players. It in fact means that the company is next-level when it comes to fraud prevention. That means that the casinos that do offer PayPal as a payment method are vetted twice to make sure they are truly legitimate operations. Of course, it also means that the payment method itself is twice as safe, and the use of PayPal allows for an extra level of protection from fraud, phishing attacks, identity theft and so forth.
Alternative Payment Methods like PayPal
If you’re not quite set on PayPal, or it for one reason or another isn’t available for you, then you might want to check a couple of other possibilities. Skrill and Neteller are the two most popular of these, and they function pretty much the same as PayPal. These are called E-wallets, for electronic wallets, and the fund transfers are likewise instantaneous between services. However, there’s one major difference when compared to PayPal casinos, which is that most online casinos do not give you bonuses when using other e-wallets. Also, at times there might be fees for both deposits and withdrawals. In truth, alternative payment methods are really only an alternative when PayPal isn’t available. Whether that’s other electronic wallets or even debit cards, credit cards or online banking solutions, PayPal always ends up being the fastest and safest option.
What is an Electronic Wallet
Electronic wallets, also known as e-wallets, are a new type of transferring money, first popularised by PayPal. Though this company was leading the charge, so to speak, it was also originally just concentrated on US markets. Though they later expanded, their main area of influence were still big sellers like Amazon, eBay, and other internet marketplaces. They gave an option to pay online without the hassle of paying with credit cards or via bank transfers. Of course, you still need to transfer money to your e-wallet via the normal methods, but it still generally sped up things quite considerably.
PayPal was soon followed by Paysafe, Skrill and Neteller, and other similar online wallets. These quickly grew in popularity too, as they offered payment options to worldwide markets. Especially useful for casino players, who up until then had to rely on more ancient methods of transferring money to the other side of the world.
Are E-wallets Safe
If this question was asked a few years back the answer wouldn’t be so simple. As always, it took quite a few years for governments to catch up with their legislation, especially as the governing body of any nation tends to be manned with people who are not so up to date with the latest technology. It was a bit of a wild west, and as such it is rather surprising that no major scams or squabbles arose.
Over time, the legislation caught up, and today all these E-wallets are essentially banks. They hold the necessary licences, often in a variety of jurisdictions. This doesn’t mean they operate like normal banks, for example they don’t tend to offer loans or other such financial services, simply concentrating on transferring money across borders and online. They are also very deeply ingrained with traditional banking services, which is why they are often able to transfer money much faster across borders and even continents than normal wire or online bank transfers. Naturally, all of this means that the main providers are completely safe to use. Not only from a technical point of view, but from legislative and everything concerning personal information, fund security and such. Transferring money to online casinos has never been as easy as it is with PayPal and other similar services.
PayPal Casinos Online and Casino Games
One of the main questions is the compatibility of online casino games and PayPal. If you want to gamble online with PayPal you need to just make sure that the online casino accepts this payment method, and you’re good to go. There are no extra requirements for online slots and other casino games when it comes to using PayPal. That is, as long as you are using normal currencies and not cryptocurrencies. The latter might sometimes be limited to a select number of casino games, but might come with increased possibilities in the future now that PayPal allows cryptocurrencies.
On the whole, it’s only about transferring your money from your New Zealand bank account to PayPal, which you can then transfer to PayPal deposit casinos. All of these should support New Zealand dollars, so the only fees attached come from transfer from your original account to PayPal. An online casino with PayPal usually doesn’t add any fees. And as normal, pretty much all online casino games also support New Zealand dollars as default, which means online casinos with PayPal should be some of your prime targets for casino gaming.
PayPal Casino FAQ
- Is the PayPal card available in New Zealand?
The PayPal MasterCard is not currently available in New Zealand. PayPal Casinos NZ do tend to support normal MasterCard, so we wouldn’t be surprised if this would become an option in the near future.
- Can PayPal be used at all online casinos?
Nope. PayPal casino NZ options are rather limited for the moment. And in most cases, these are further limited to casinos with excellent licences, as PayPal is quite skittish on whom they trust to conduct business with.
- How long do casinos that accept PayPal take to transfer my money?
Deposits are usually instant, as is the case with pretty much all payment methods save bank wires and cheques. Withdrawals are another thing entirely. You have to take into account processing times, which are usually between one and three business days. After that it can take from one to two business days to show up in your PayPal balance, though at times it can also be considerably faster.
- How do PayPal casino deposits compare to other payment methods?
If it’s the fast and safe options you’re looking for, then PayPal is at the top of the list. It is not, however, the most widely available method. This is really the only downside, which is being rectified as time passes. We fully expect PayPal to be one of the major payment methods in the future.
- What if I have issues with my PayPal transactions?
These issues should be resolved with whatever party is responsible for them. Depending on the situation, you might need to contact either the online casino or PayPal itself. When depositing, the issue, if such exists, is usually with PayPal and when withdrawing it tends to be with the online casino.