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PayPal Casino New Zealand

paypal casino nz

Are you looking for some gambling adventures in online casinos that allow quick deposit and withdrawal via PayPal? Well, it can be a tricky search considering the regulations prevalent in New Zealand. Our experts have conducted detailed research on the online gambling scenario of the country, and they have narrowed down the best PayPal Casinos along with their key features to make things easier and more convenient for you. All you need is to go through the article before making the right choice for you online gambling experience.

PayPal, as we know, is one of the most popular e-wallets around the globe. PayPal casinos are the online casinos that allow the punters to deposit and withdraw money via PayPal. This article touches in details the best casinos offering transactions via PayPal, the various terms and conditions associated with them, the bonuses offered and the overall advantages and disadvantages of using PayPal.

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All Sites are:
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Mobile friendly
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Best Online Casino To Play With PayPal in New Zealand 2022

Casino Rating Welcome Bonus Score Casino Site
1
Jackpot City
5 votes
NZ$1600
100
Welcome Bonus
NZ$1600
Get Bonus Visit Casino
2
Jonny Jackpot
5 votes
100% up to $1000 + 100 FS
99
Welcome Bonus
100% up to $1000 + 100 FS
Get Bonus Visit Casino

What is PayPal and How to Use It?

PayPal is an USA based financial technology company that operates an online payment system in most countries around the world. It was first founded in 1998 as Confinity by Peter Thiel, Luke Nosek and Max Levchin. Though it started primarily as a software developing company, it switched to a digital wallet the following year. It merged with Elon Musk’s X.com in 2000, got renamed as PayPal in 2001 and was made public in 2002.

Currently, PayPal is available in more than 200 nations and is used by 377 million people worldwide. Headquartered in San Jose, California; the annual revenue of PayPal in the year 2021 was around $25.3 billion.

PayPal is gaining popularity as a digital wallet since it is quick and reliable; making the traditional methods like checks and wire transfers obsolete. PayPal allows its users to transfer money from their bank accounts, credit or debit cards in seconds. It also comes with features like easy and interactive user interface, personal and business accounts for different kinds of transactions, the opportunity to link multiple e-email addresses to a single account and multiple currency support.

How to Deposit Money with PayPal?

Since you are looking for an online gambling experience in a casino that accepts deposits via PayPal, you need to create a PayPal account before you go on hunting for the casino. The procedure may take some time, but it’s not a complicated one if you follow the steps carefully.

  • Sign up for PayPal – Create a PayPal account – Signing up for PayPal just requires you to visit their website, click the link that shows ‘Sign Up for Free’, choose the type of PayPal account you want to open (personal or business account) and input your mobile number. Once the number is verified with an OTP, you need to add your email address and set a password for your PayPal account. Fill in information about yourself – The next step in creating your account is to add some basic information like your name, date of birth, address, country and pin code.Account verification and bank account linking – Once the details are submitted, PayPal will ask you to verify your email address by sending a link to the provided email. After that, you need to link your credit/debit card or bank details before using PayPal for transactions. Cards can be verified through an OTP sent to the mobile number linked to that card. In case of banks, PayPal will make two random deposits to your bank account, ranging between $0.01 to $0.99, and you need to confirm the two amounts to finish the verification process. This can take 4-5 business days.
  • Find a casino – The list of casinos in New Zealand that accept PayPal as a mode of transaction is readily available on the internet. We are going to list some of the popular casinos in this article for your convenience.
  • Register at the casino – Once you select your casino of interest, you need to register yourself at the casino. This again requires some personal details like name, date of birth, address, email address and mobile number.
  • Select PayPal as the deposit method – When you choose PayPal as your preferred mode of transfer for the deposit, you will be directed to the PayPal website before completing the transaction. Follow the prompts to complete the process. In most casinos, depositing via PayPal is absolutely free.

How to Withdraw Money with PayPal?

Withdrawing from an online casino via PayPal is similar to depositing and is also super easy. You only need to visit the withdrawal section of your casino and select PayPal as the mode of withdrawal from the list of options offered by the casino. Input the amount and go through the details before finishing the procedure. Make sure that the withdrawal amount is less than or equal to the balance available in the casino. However, paying heed to the terms and conditions of the casino carefully before attempting a withdrawal via PayPal is recommended.

Most casinos in New Zealand have a minimum withdrawal limit of NZ$20. The withdrawal time may vary depending on the casino and the bank involved. It usually takes around 24 hours, but may extend up to seven business day at times. Since you can track the process of withdrawal from PayPal, so there is no risk of losing the money. You can keep the withdrawn amount at your PayPal account or can transfer it to your bank account as well. However, withdrawing via PayPal is subjected to a fee, which varies with respect to the amount to be withdrawn and the currency associated. In most cases, the fee is reasonable and is not something to worry about.

Click on Deposit Button
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Choose Deposit Method
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Decide Amount of Deposit
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Click Deposit
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Enjoy Casino Games
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Advantages of PayPal

Our experts have shortlisted and explained the advantages of PayPal casinos in the following table:

Advantages Disadvantages
Safe and Secure Withdrawal Fees
Fast Deposits and Withdrawals Not Available in all Casinos
Multiple Currency Support PayPal Account Creation is Necessary
Global Reach and Reputation
Mobile app and desktop friendly

Safe

PayPal has gained popularity due to its reliability in terms of safety and security. You have the opportunity to choose a strong password for your PayPal account, along with a second authorization factor involving a security code to make transactions even safer. However, you should make sure that no unused emails or apps are linked to the PayPal account to further minimize the chances of getting hacked through them.

PayPal uses SSL protocol technology with 128-bit encryption, which means that even the online casino(recipient) won’t be able to access your financial information. It also stores data in a single online vault system, making it safe against thefts and frauds.

Fast Transactions

Once you have completed creating your PayPal account, it only takes few seconds for the money to get deposited to the online casino. PayPal is usually faster than the traditional methods of deposits.

In case of withdrawal, the time varies from casino to casino. The process can be completed in 24 hours, but may take up to 3-5 business days in certain cases. However, the good news is that in case you win a jackpot from a pokie, you can get the fund back in 1-2 hours.

Reputation

As we have already mentioned, PayPal is immensely popular throughout the world and is used by 377 million users globally. Besides its safety, security and the easy-to-use interface, it has added several other features like integration of cryptocurrency and a zero-interest PayPal credit features which adds to its popularity. It is one of the most widely used digital wallets for international transactions, since it is operational in 200+ countries. A research show that 87.5% online buyers use PayPal and 55% people are more likely to buy from businesses that accept PayPal. Whether you’re in your home or working at a remote location, PayPal takes minutes, if not seconds to complete your desired transactions.

Local Currency Conversion

One of the best features of PayPal is that it supports multiple currencies and their interconversion is done automatically by PayPal. Thus, gamblers won’t have to worry anymore regarding whether NZ dollars are accepted by the casinos or not, as they can play in their local currencies and withdraw money in the same.

Mobile App & Desktop Payments

Another salient feature of PayPal is that it is both smartphone and PC friendly. The PayPal app is not only available in both Android (version 5.0 and up) and iOS (iOS version 10 and up), but also allows users to conduct transactions via laptops or desktops in no time.

PayPal, however, is not infallible and there are some drawbacks that come hand-in-hand:

  • Fees – Before using PayPal casinos, you should be aware of two kinds of fees that can be charged on your transactions. The first one is the currency conversation rate, which is usually 4.5%. The second one is the fees levied on your withdrawal, which depends on the casino.
  • Availability – A lot of casinos does not accept PayPal as a mode of payment, thereby diminishing the list of possible casino options to gamble.
  • Freezing – The creation of a PayPal account and its verification may turn out to be a time-consuming process, which is unavoidable before trying your luck at casinos. PayPal also holds a bad reputation of randomly freezing their users’ accounts when they question the identity of the user or a particular transaction.

Disdvantages of PayPal

Here are some disadvantages of using Paypal casino in New Zealand:

PayPal Transaction Limits

To begin with, you must make sure whether the casino accepts PayPal for both deposits and withdrawals, since it is one way or the other in a lot of cases.

When it comes to deposits, PayPal requires no minimum balance in the account to begin with. However, most PayPal casinos accept $10/$5 as a minimum deposit.

PayPal bars a transaction at 10,000 USD, which is the upper limit. However, most PayPal casinos come up with their own terms and conditions in case of withdrawals and a withdrawal limit above $3000-$5000 is relatively rare.

Fees for Players using PayPal

The two types of fees charged on gamblers using PayPal casinos are currency conversion fees and transaction fees. The currency conversion, that occurs automatically in PayPal, requires New Zealanders to pay a fee of 4.5% on the standard conversion rate. For example, if 100 NZD values 68.49 USD, conversion via PayPal would deduct 4.5% from the 68.49USD.

Transaction fees depends mostly on the casinos. While deposits are usually free, withdrawals are subject to a fee of 3.4% + 0.45 NZD per transaction. The rate may reduce if the amount is greater, so it’s wiser to perform the transactions in one go to avoid multiple withdrawal fees.

PayPal Casino Games

Blackjack
Roulette
Baccarat
Bingo

PayPal casinos come up with hundreds of games that are not only filled with fun adventures but also helps you to win real money. Our experts have listed the best PayPal casinos operating in the country along with the types of games they offer.

These 5 PayPal casinos are worth trying for the New Zealanders:

  • Vegas Lounge Casino
  • Casino Elevate
  • Johnny Jackpot Casino
  • Captain Spins Casino
  • PayLuck Casino

These casinos provide a vast array of games of different genres, much to the joy of gamblers. The games are discussed below:

  • Slots – Slots or Pokies are games of chance comprised of three or more reels where gamblers try their luck out. Playing at slots is pretty simple – you input a desired amount, you play and get paid according to the patterns of symbols displayed on the screen randomly when the reels stop spinning. They also come up with lucrative bonuses, progressive jackpots and multiplayer opportunities.
  • Roulette – The word Roulette comes from a French word meaning ‘little wheel’, which very much describes the game. Basically, it comprises of a spinning wheel with 37 or 38 numbers, and a ball. After the bet is placed on a particular number, the wheel is spun along with the ball. The number on which the ball rests after the wheel stops spinning is the one that determines your luck.
  • Blackjack – Blackjack, also known as 21, is a casino card game using a deck of 52 cards. It is the most popular casino banking game globally and requires both skill and luck. Each player taking part in the game competes with the dealer.
  • Baccarat – Baccarat is another card game played between two hands – the player’s hand and the banker’s hand. The goal is to place a bet on the winning side.

PayPal Mobile Casinos

Even though a significant number of casinos do not have a mobile app of their own, there is no need to worry since the casinos come up with a mobile version that is playable on any popular web browsers. The mobile versions of the casinos are available in both Android and iOS. The mobile versions support PayPal as well. Even if you are on the move, situated at a location far from your home, PayPal casinos come up handy and can be used anywhere, anytime.

PayPal Casino Bonuses

Welcome Bonus
Free Spins Bonus
Deposit Bonus
VIP Program
No Deposit Bonus
Daily, Weekly and Monthly Bonuses
Reload Bonus

While you are on the hunt for your dream casino, bonuses are something that you should always look for. Bonuses are offered in different ways, and the choice may seem difficult at times. Make sure what kind of bonus you are looking forward to. Our experts have listed the common types of bonuses offered, and those can be worth your money.

  • Welcome Bonus – Most casinos come up with welcome bonuses, which usually settles at 100% but can rise as high as 500%. In other words, a 100% welcome bonus means that your first deposit gets doubled after the bonus is activated.
  • No Deposit Bonus – Though rare, some casinos allow the gamblers to try their casino out for free. You just need to create an account and can start playing with the no deposit bonus offered.
  • Deposit Bonus – These are offered after the welcome bonus, when you deposit money for the 2nd ,3rd or 4th time at the casino. The numbers vary widely from casino to casino.
  • Free Spins – Free spins are usually offered for newly introduced slots, but they come up as a part of welcome bonus as well.
  • Loyalty Bonus – High rollers who stick to a specific casino or join their VIP club enjoy this special kind of bonus.

However, bonuses come up with wagering requirements so make sure you are aware of it before choosing a casino.

In Which Countries does PayPal Accept Transactions?

PayPal is one of the most widely used digital wallet around the world. The good news for the New Zealanders is that both PayPal and PayPal casinos are legal in New Zealand, where anyone above the age of 20 can indulge himself/herself in gambling.

The other nations with legal PayPal casinos are UK, Ireland, Austria, Canada, Finland, Sweden, Germany, Italy, Portugal, Denmark, Spain, Brazil, Australia, Gibraltar, Belgium, France and Japan.

Alternatives to PayPal Payments in Casinos

Since PayPal is not the only digital wallet available in the market, online casinos in New Zealand also accept payments via bank transfer, e-wallets like Skrill, Neteller and Ecopayz and also credit and debit cards like VISA, MasterCard, Maestro, etc.

Skrill

Skrill is an e-wallet where you need to open an account before using it, just like PayPal. You need to fund your Skrill account via bank transfer, credit or debit card. It acts as an alternative in case your card or PayPal wallet malfunctions. It can be used both ways, i.e, for deposits and withdrawals. Deposits are mostly free but withdrawals are subjected to a charge. The advantages of Skrill includes privacy (as they don’t disclose your bank details), quick transaction time and high withdrawal limit.

VISA and MasterCard

VISA and MasterCard come up with credit card and debit card facilities that are accepted by almost all the casinos operating from the country. The advantages of using credit and debit cards are manifold – they are fast and secure, they can be used for both deposits and withdrawals, minimal transaction fee and a restriction on the total expenditure, ensuring that there is no risk of putting too much at stake. So, VISA and MasterCard can be your go-to payment option if you don’t find PayPal suitable for you.

PayPal Customer Service

PayPal, being one of the leading financial tech companies, comes up with an excellent customer service. They have a default help centre addressing the common issues faced by the customers in their website. Apart from that, they can be contacted via email, live chats and phone calls on toll free numbers. You can also discuss their issues in the PayPal community where fellow PayPal users can offer you a solution. The customer service of PayPal is quick and responsive, so it is most likely that your issues would get addressed along with a solution.

FAQ

  • What is the minimum amount I can deposit via PayPal?
    This entirely depends on the casino of your choice. PayPal have a minimum transaction limit of $0.01. However, the minimum deposit of PayPal casinos is not less than $10, and can be $20 as well.

  • Is it safe to deposit and withdraw via PayPal casinos?
    If the particular casino holds a valid license, then it is completely safe to deposit and withdraw from that casino. PayPal is very secure when it comes to online transactions; and it has end-to-end encryption, which means that your bank details won’t be disclosed to the casino.

  • Are there any fees and limits?
    Gambling with PayPal, itself, does not require any special fee. However, the company charges some fee for interconversion of currency and withdrawal via PayPal. The banking limits are quite reasonable and it depends largely on your salary or earning.

  • What are the other alternatives to deposit at online casinos without PayPal?
    There are numerous payment methods at online casinos. Apart from PayPal, you can use traditional methods like bank transfer and relatively faster and more convenient ones like credit and debit cards (VISA, MasterCard), Paysafe Card, Bitcoin and e-wallets like Skrill, Neteller and ecoPayz.

  • Do all casinos accept PayPal deposits?
    Sadly, only a few online casinos in New Zealand accept PayPal while the others don’t. However, you can try out the alternative payment options mentioned in the article, which are widely accepted.