What Is PayPal?

Although credit and debit cards are still the most popular way of funding online poker accounts, PayPal has gone widely popular over the past few years. The company was founded back in 1998 and currently can be used in 202 countries. PayPal accepts a total of 25 currencies so it’s no wonder a lot of poker players use it for deposits as well as withdrawals. In the first quarter of 2018, PayPal reported to have more than 237 million active accounts worldwide.

Setting Up Your PayPal Account

If the receiver doesn’t have a PayPal account, they can easily sign up for an account for free. If you send with your credit card or debit card, there's a fee of 2.9% plus $0.30. Applies to eligible purchases only. Terms and limitations apply. Issuer rewards program is subject to the issuer’s rewards program terms and conditions.

Creating your PayPal account will require no longer than several minutes. First, you will need to go to www.paypal.com and click on the “Sign Up” button. There are two types of accounts which you can make on their website – personal and business account. Since you will be using this for playing online poker, choose the “personal account” option. After that you need to fill in your name, email address, a password and your address. Once your account is set up, you can connect your PayPal to your bank or credit card.

Simply head over to www.PayPal.com, and click the “sign up” button. You’ll be led through a series of forms that you’ll need to fill out. Once you’ve completed the process, you’re good to go. These are 2 other paypal poker sites that list all the poker rooms that accept paypal poker deposits. Many poker sites, actually. Of the poker reviews we have at PokerNews, at least nine of them provide a place for you to play poker online using PayPal. You can play online poker using PayPal on. Canadian Poker Site Guide. Welcome to PokerSites.ca where you will find the latest up to date information on the best online poker sites in Canada, getting exclusive bonuses at the most popular rooms on the Internet. Yes, it is true that almost all of the reputable internet cardrooms accept Canadians.

Making Deposits and Withdrawals on PayPal Poker Sites

After the sign-up process, you can use PayPal to make deposits and withdrawals on your preferred poker website. To do this, simply navigate to your account page and click on “Deposit”. Here you will see a bunch of payment methods you can use. After selecting PayPal, you will be redirected to their website and be asked to log in using your email and password. From there, just type in the amount you wish to deposit, and the funds will be transferred to your poker operator almost instantly. After your deposit is accepted, you can start enjoying your next poker hand.

The similar procedure goes for withdrawals. Navigate to the cashier section of the poker website where you can collect your winnings and choose PayPal from the list of payment options. Select the amount you wish to withdraw and shortly thereafter you will receive an email stating that the money arrived to your PayPal account. While you can instantly use this money over the internet, moving it to your bank account will require several business days. There are also some fees involved with this action that we will talk about below in more detail.

Minimum/Maximum Amounts and Processing Time

The good thing about PayPal is that there are almost no limitations on how much money you can move around with it. The deposit and withdrawal limits will depend on the poker operator’s rules. Usual minimum deposits can be as low as $5 and the maximum withdrawal limits can be up to $20.000. Some sites have VIP memberships or loyalty programs that will allow certain number of players to exceed their withdrawal limits. The poker websites you can see listed here are some of the best for PayPal users as they have few limitations considering these limits.

As for the processing time, we already mentioned how both deposits and withdrawals are almost instant when using PayPal. However, once you get the money to your PayPal account and want to transfer it to your bank account, it may take several business days for it to arrive. This waiting time is usually determined by factors like your location and the bank you chose, but it can also be that the poker site might require some time to approve your withdrawal.

PayPal Poker Sites Transaction Fees

What separates the best from the rest when it comes to poker operators is that the top poker websites don’t charge any fees for transaction processes. Some websites do charge fees for certain amounts, but this is rarely the case with websites we review here. For the most part you can deposit and withdraw from our recommended poker sites using PayPal without having to pay any additional fees.

PayPal itself also doesn’t charge fees when making deposits or purchasing anything over the internet. However, when it comes to withdrawing money to your bank account, you can run into some small fees. The size of these fees will mostly depend on what country you live in and which currency you use. The fee will consist of a small fixed amount and a certain percentage of the sum you’re withdrawing.

The Downsides of PayPal Poker Sites

Overall, PayPal is a fast, easy, and reliable payment option for most poker players across the globe. However, there are a few disadvantages worth mentioning about this payment method.

Now, PayPal is fast for both depositing and withdrawing. If you want to use money on your PayPal for funding your poker account or purchasing stuff over the web, you will love it. However, if you want to have that money transferred to your bank account and collect it in cash, you will have to wait several days. While this might be standard for all e-Wallets, it’s still annoying.

Another issue with PayPal are its fees. A small fixed fee when withdrawing to your bank account is not that big of a problem, but the percentage fee of your sum can be damaging. If you’re withdrawing big sums of money you can lose tens, and sometimes even hundreds of dollars in the process. Nevertheless, this will depend on the currency you use as well as the country you are residing in, so make sure to inform yourself about these rules before making an account.

In some rare cases your PayPal account can be frozen. This might happen for instance if you’re getting some uncharacteristically large payments for a certain amount of time. However, these issues can be quickly resolved once you contact PayPal customer service. ^[1]

It’s one of the most recognizable payment processors in the world and thanks to some recent policy changes, a plethora of PayPal poker sites are now springing up. But before you fire up just any poker site, PayPal deposits come with a few caveats that you should know about. Read on for all the info.

What is PayPal?

PayPal is one of the largest online eWallets in the world and for poker players size is crucial in almost instances. Whether it’s bet sizing, bankroll or the stature of a payment processor, bigger is better for US online poker players and PayPal is a platform that conforms to that ideal.

Since pairing with eBay, PayPal has become an international brand that processes hundreds of millions of dollars each day. However, despite the company’s presence in the world of ecommerce, PayPal US poker sites aren’t nearly as common.

Aside from internal United States policies limiting PayPal poker online, the legal landscape in the USA often restricts the use of this payment processor. Additionally, there are only a small number of European PayPal poker sites that give players the option to use its facilities.

One of the primary reasons for this is that transaction fees for withdrawals can often be high. Of course, the counterpoint to this is that PayPal for online poker is extremely secure. Having an international reputation as well as a well-crafted recovery policy (with regards to lost funds) means that PayPal poker players don’t, usually, have to worry about their bankroll falling into the wrong hands.

US PayPal Poker Sites

Because PayPal isn’t authorized for use at any of our US online poker rooms, you should take note of the following information:

– Available for deposit – Yes

– Available for withdrawal – Yes

– Money available instantly – Deposits outside of the US are instant. Withdrawals are poker room dependent but range from 1-7 days.

– Success rates – Outside of the US success rates for PayPal are 100%. In the USA, transactions aren’t allowed.

– Fees associated – There are no deposit or transfer fees with PayPal. Withdrawals from a poker site won’t be charged by the site, but PayPal will usually charge 3.4% + £0.20 when you receive a payment.

• U. S. Poker Site
• Compatibillity
• Editor Rating
• Deposit Bonus

• Very player friendly
• Generous cashback
• Great mobile play

The Evolution of PayPal

Over the last few months online poker and PayPal in the US have become a much more intertwined. Because the ever-evolving landscape in America is allowing more operators to enter a regulated market, companies such as PayPal are now finding their way into various states.

In addition to pairing with behemoths such as PokerStars and its play money platform in 2014, a bevy of smaller PayPal poker sites are beginning to spring up in the US. Although the market for this payment processor is still relatively limited, it’s likely that the coming months will yield an explosion of punters playing online poker using PayPal.

Using PayPal with Online Poker

Canadian Poker Sites That Accept Paypal Card

Where accepted, the process of transferring funds using PayPal looks like this:

1. Go to the cashier page of the PayPal poker site you wish to use.
2. Choose PayPal as your deposit method, and enter the amount that you wish to deposit.
3. Tap “deposit” and the transaction will be processed.

If for any reason you do not have the necessary funds in your PayPal account, your bank account will be accessed by the merchant and the cash will be removed.

Although PayPal may be used for payments at European poker rooms, use of it at US poker websites is not presently allowed.

Online Poker & PayPal Safety

Due to certain regulations, all eWallets must follow a strict set of rules, this makes using PayPal for online gambling extremely safe.

If you are planning on funding your online poker account through PayPal there is an added level of security, cyber criminals will not be able to directly access your account due to its third-party status.

US Poker Sites Accepting PayPal

Canadian Poker Sites That Accept Paypal Account

Unfortunately, due to US online poker regulations, there are currently no USA poker rooms that accept PayPal deposits. .So at the moment you can’t play poker online with PayPal payments. However, because the market is currently moving towards greater regulation, PayPal is considering its market options.

Having an international brand that processes payments in a range of sectors, means it’s not always wise to enter into areas where the legal landscape isn’t properly defined. Fortunately, as the industry is formalizing and more USA poker sites are being created, PayPal is able to adjust its terms and conditions to comply with the emerging market conditions.

Remember, if you can’t make PayPal poker sites in the United States today, things change on a dime, so watch our site for all the info. In the mean time, there are loads of other deposit options to take advantage of.

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