How To Use PayPal At Online Casinos NZ?

using paypal at online casinos in nz
Using PayPal at Online Casinos in NZ

Founded in 1998, PayPal is readily available for Kiwis in New Zealand to access payments online. It also allows users to send or receive money.

You’ll have a mobile downloaded on your device, and then by managing your account, you’ll be able to Send and receive money from friends and family both domestically and internationally.

However, using PayPal at online casinos in NZ is quite rare. Despite its massive popularity, PayPal online gambling is a relatively uncommon feature at internet casinos.

However, you will find some that accept PayPal for transactions at their online casino accounts.

How Does PayPal Work?

how does paypal work
How does PayPal work?

PayPal works smoothly and allows you to make payments with just a few clicks without the need to carry your card or cash.

The first and foremost step is to create an account with PayPal. The steps involved:

  • Country Selection
  • Enter your Email
  • Add Phone Number
  • Enter OTP
  • Create Password
  • Enter your personal details. [Remember, they should match your official ID]
  • Add Address
  • Link your credit/debit card
  • Select your card type and enter the details.

I must tell you that this is the only lengthy process you’ll have to face while using PayPal at online casinos or anywhere.

After account creation, you will have your Email as a username and a password that you have created.

In the future, if you want to make payments using PayPal, you can download the PayPal app, enter your credentials, and make your purchase.

But you might be worried about whether you want to keep a minimum balance in your wallet or simply how the payment is going to proceed.

PayPal offers two primary ways to make payments:

  1. PayPal Wallet: Add money directly to your PayPal balance.
  2. Linked Bank Account: Make payments directly from your bank account.

Linking your bank account

You can link your bank account to PayPal using two methods: instantly via bank login details or manually via small deposits.

Instant Linking with Bank Login Details

On the Web

  • Go to Wallet.
  • Click Link a card or bank.
  • Click Link a bank account.
  • Search for your bank or select it from the list.
  • Enter your bank login details for instant linking.

On the App

  • Tap Wallet.
  • Tap + next to “Banks and cards”.
  • Tap Banks.
  • Search for your bank or select it from the list.
  • Enter your bank login details for instant linking.

Manual Linking with Small Deposits

If you prefer not to use your bank login details:

On the Web

  • Go to Wallet.
  • Click Link a card or bank.
  • Click Link a bank account.
  • Enter your bank account information manually.
  • Wait for two small deposits within 3 business days to confirm your account.

On the App

  • Tap Wallet.
  • Tap + next to “Banks and cards”.
  • Tap Banks.
  • Enter your bank account information manually.
  • Wait for two small deposits within 3 business days to confirm your account.

But sometimes, when we initiate payment via bank, it shows that the bank’s server is busy and your payment cannot be completed.

In this situation, you can use the alternative method of adding money from your bank account to your wallet.

Adding Money to Your PayPal Wallet

Adding money to your PayPal Wallet can be useful to ensure smooth transactions if your bank’s server is down.

You can add money to your PayPal balance from your bank account or debit card.

Using Web

  1. Go to Wallet.
  2. Click Transfer Money.
  3. Select Add money from your bank or debit card.
  4. Enter the amount.
  5. Choose between In seconds with debit or In 3-5 days with your bank.

Using App

  1. Tap Add Money next to your balance.
  2. Select From your bank or debit card.
  3. Enter the amount.
  4. Choose between In seconds with debit or In 3-5 days with your bank.

How to Use PayPal at Online Casinos?

After successfully setting up your account with PayPal, you can move ahead and access online casinos that accept PayPal.

At these casinos, create your account, log in, and try free games if you want to. Then, you can deposit to enjoy more benefits like a deposit bonus and real money gameplay.

Head on to the cashier page, click on deposit and find the PayPal logo.

Depositing with PayPal is very similar to depositing with any other e-wallet like Skrill and Neteller.

Here are the steps you can follow to get money in your casino wallet for further gameplay.

  • From the list of available payment methods at the cashier page, select PayPal.
  • Specify the amount you wish to deposit.
  • A PayPal login window will appear. Enter your PayPal login details.
  • Review the transaction details and confirm the payment.
  • The deposit should be processed instantly, and the funds will appear in your casino account.

Is it possible to withdraw using PayPal?

Yes. With PayPal, you can definitely process your withdrawal without charging any fees until there’s a currency conversion.

As it is an E-Wallet, the withdrawals hence get processed within 24 to 48 hours.

The simple method is as follows

  • Choose PayPal for withdrawal
  • Enter the amount for withdrawal
  • Review your withdrawal

Pros & Cons

  • No fees are charged
  • Safe and Secure payments
  • Withdrawals within 24 hours
  • Play at an online casino, PayPal, on your smartphone and/or tablet wherever you are.
  • Player bank details are not shared with operators
  • Rarely available at online casinos
  • Separate PayPal account registration is required.
  • Requires time for registration

Concerns while using PayPal at Online Casinos

Using PayPal for gambling can be tricky due to strict rules. PayPal bans gambling transactions in the U.S. and places where gambling is illegal.

Only approved casinos in legal areas can use PayPal, and they must block gambling for users in restricted areas.

PayPal forbids its use for most gambling activities unless the casino is approved. This includes casino games, sports betting, horse racing, lotteries, and person-to-person bets.

Even if legal, these activities are restricted unless done through an approved merchant.

These rules help PayPal comply with laws and protect users. To avoid issues, make sure the online casino is PayPal-approved before depositing or withdrawing funds.

Is PayPal Free?

Yes, PayPal is free and does not cost players anything.

Setting up an account, logging in, linking PayPal to your casino account, and making online payments under accepted currencies will not cost you anything.

But PayPal will charge you for

  • Currency Conversion
  • Transferring money Abroad
  • Credit card transfers carry a 3.4% + $0.20 fee
  • Seller fees range from 1.4% + $0.20 to 5% + $0.05 per transaction.

Editor’s Verdict

PayPal is an active E-Wallet that functions in around 202 countries globally.

Despite its popularity, using PayPal at online casinos is very rare, as it restricts gambling transactions in countries or areas where it is illegal.

However, some casinos still accept PayPal. The minimum deposit varies by casino, ranging from $5 to $20.

You can also choose alternative payment methods, like

  • Skrill
  • Neteller
  • Visa/MasterCard
  • Paysafecard

FAQs

Is using PayPal at online casinos safe?

Yes, all the payments via PayPal at online casinos are safe and secure. Because PayPal acts as an intermediary between you and the seller, it provides an extra layer of security for your online transactions.

How long do withdrawals take via PayPal?

PayPal is an E-wallet; hence, all the withdrawals are completed within 24 to 48 hours of processing.

Can PayPal be used at all the casinos?

No, PayPal is rare at online casinos. However, SkyCity Online Casino has PayPal, so you can use it there.

Is NZD accepted in PayPal?

Yes, NZD is accepted at PayPal, along with AUD, CAD, Euro, NOK, GBP, and more.

About the author

Bhumika Mishra

Bhumika Mishra

Bhumika, a spirited and youthful author from Auckland, offers a unique viewpoint on the contemporary digital world. Merging her enthusiasm for narrative crafting with a keen interest in advanced technology, she creates engaging and informative content that both enthralls and educates her audience.