Best PayPal Online Casinos New Zealand 2024
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PayPal is an electronic wallet and online payment system that you can use to send and receive money in New Zealand and many other countries worldwide. This payment option is available for deposits and withdrawals at many NZ online casinos. In this comprehensive article, you will learn how to create a PayPal account in New Zealand, the option’s transaction limits and fees, and the general pros and cons.
Besides, we will discuss how you can top up your PayPal account and the different games available at the best PayPal casinos in New Zealand. Towards the end of the article, we will also answer common questions about this payment method and whether it is a good option. So for all that and more, keep reading.
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General information about PayPal
The history of PayPal can be traced back to 1998, before the crypto era. It was originally called Confinity, a brand that focused on developing security software for hand-held devices. But in 1999, it integrated an electronic payment system into its platform. A year after the integration, Confinity merged with x.com, a brand now owned by Elon Musk, and in 2001, it was renamed to PayPal.
Fast-forward to 2002, PayPal went public through an IPO and was acquired by eBay. During that period, PayPal served as the only payment option on eBay. But as time went by, many merchants across the globe started accepting the option, including online casinos.
As of writing this article, PayPal is headquartered in San Jose, California, United States, and is available in over 200 countries. The payment option also supports over 25 currencies, including the New Zealand dollar, and has over 429 million active accounts.
PayPal quick facts
✅ Name | PayPal Pte. Ltd. (publuc company) |
⚡ Type | Online Payments System |
⚖️ Incorporated | Singapore |
👨💻 Website | paypal.com |
📅 Founded | 2000 |
🤵 Support | PayPal Help Center |
💵 Market cap | $78.69 Billion |
💳 Deposit | Yes |
⚡Deposit time | Instant |
💰 Withdrawal | Yes |
⭐ Withdrawal time | 1-2 hours |
Creating a PayPal account
Before using PayPal to send or receive money, you must create an account with the e-wallet provider. This process is simple, and your account should be ready in no time. Follow the steps below to create a PayPal account:
- Visit the PayPal official website
- Click the “Sign Up” button
- Choose the Personal account option (there’s also a Business one)
- Fill out the registration form
- Accept the terms and conditions and submit the form
- Activate your account with the link sent to your email address
If you are creating a PayPal account for personal use, such as for online casino gaming, you should choose Personal Account on the registration page. Also, note that you may need to upload verification documents, especially if you want to increase your limits.
Topping up a PayPal account
After creating a PayPal account, you need to top it up. Thankfully, this process is easy. PayPal accepts credit/debit cards, and you can easily link one of your bank cards to your PayPal account to top it up.
At this juncture, we should point out that you can have multiple currencies under one PayPal account. You can also convert money from one currency to another in your account. So factor this in when topping up your account, as PayPal determines the exchange rates and fees where applicable.
PayPal transaction limits and fees
One perk of using PayPal for online gambling is that the transaction limits are reasonable, and fees are negligible. An unverified personal PayPal account can perform transactions up to $4000 and withdraw up to $500 per month. But once you verify your PayPal account, this limit is increased to $60,000 monthly. As for the minimum transaction, you may send or receive as low as $0.01 with your account.
PayPal has relatively low fees compared to many other e-wallet payment providers. When you buy with PayPal online, the transaction is processed fee-free as long as currency conversion is not involved. However, when sending international personal transactions from your New Zealand PayPal wallet to a PayPal account in an overseas market, you are charged a flat fee of NZ$6.99. If you are sending from a card linked to your PayPal account, a 3.4% fee and a fixed fee of NZ$0.45 apply.
But what about withdrawing money from your PayPal account to your bank account? In that case, a 3% fee is applicable to the transaction. You can click the “Fees” tab at the footer of PayPal’s website for detailed information about commissions and charges. Also, note that the current fees mentioned in this article can change at any time, so always rely on the information provided on PayPal’s website.
Verifying your PayPal account
As mentioned in the previous section, you must verify your PayPal account to increase the transaction limits when using this payment method. The procedure is pretty simple. All you need to do is to link your credit/debit card or bank account to your PayPal wallet and verify them at any time. A small amount will be deducted from your card or account during verification, and you will get a statement for the transaction along with a code. Enter the code in your PayPal account to complete the verification process, and the limits will be increased.
Depositing to online casinos accepting PayPal
Funding your online casino account with PayPal is nothing complicated. First, you should choose an online casino that accepts PayPal and create an account. The account creation process usually involves providing basic details like your name, email address, phone number, and date of birth.
Once your PayPal casino account is set up, you can go to the cashier page in your My Account section and click on the “Deposit” button. This should display the list of available deposit options, and you can choose PayPal from the list. Next, enter the amount you want to deposit in the appropriate field and other required information. You should be redirected to PayPal’s login page, where you have to enter using your PayPal login details and approve the payment. After approving the transaction, the money should instantly reflect in your casino balance, and you can start playing your preferred real money games.
Withdrawing from online casinos with PayPal
PayPal is accepted as both a deposit and withdrawal method. Using this option to withdraw winnings from an online casino is fast and secure, and the process is also straightforward. First, log in to your PayPal casino account and click the “Withdraw” button in your My Account section. A list of available payout methods should be presented, and you can choose PayPal as your preferred payout option.
Next, enter the amount you want to withdraw from your casino balance and the email address connected to your PayPal account. Follow the rest of the instructions on the payout page and submit the withdrawal request. Depending on the online casino, you should get your winnings within a few minutes or hours.
Virtually every PayPal online casino specifies its min/max deposit and withdrawal limits, which are separate from the ones on the PayPal website. So make sure you factor this in when depositing or withdrawing winnings. Likewise, some casino operators may charge a processing fee for transactions, while others won’t.
Pros and cons of using PayPal in NZ online casinos
Positives: |
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Safe and trustworthy option |
Fast processing speed |
Fee-free transactions at the best PayPal casinos |
Supports New Zealand dollars |
Reasonably high transaction limits |
Negatives: |
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Fees may apply to some PayPal transactions |
Digital thieves may try to scam through this option |
Mobile PayPal casinos in New Zealand
New Zealand has a high smartphone penetration rate, currently at 92%. It is safe to say that many online casino players in the country play games on their mobile devices instead of desktops. As a result, it only makes sense to consider joining mobile PayPal casinos in NZ.
Being one of the top online payment methods, PayPal has a downloadable mobile app that players can install on Android and iOS devices. With this app, you can send and receive money to your PayPal wallet on the go. And the good thing is that the payment provider has done well to make its mobile applications safe. In fact, you can opt for two-factor authentication through text or Google Authenticator.
To download PayPal mobile on Android, visit the Google Play Store and search PayPal in the search bar. This will display the results, and you can click the download button on the official app. Once the app is downloaded, launch it on your device, sign into your account and start using it.
The process for downloading the PayPal mobile app on iOS devices like iPhones and iPads is similar to that of Android. Visit the App Store and search PayPal on the search bar. Click the download button to install the app on your device and use it. We checked reviews from other users about the app, and many were positive. Also, there are no noticeable glitches, so you can enjoy a great user experience.
Apart from PayPal being a mobile-friendly payment provider, many top online casinos that accept PayPal in New Zealand have also optimised their platform for mobile. They design their platforms using HTML technology and the latest trends, which makes it possible for players to play games, claim bonuses and cash out winnings on the go. Some PayPal casinos take things a bit further by providing native apps for Android. With these apps, you can enjoy the full mobile gambling experience with features like push notifications, exclusive mobile app bonuses, etc.
Games in PayPal online casinos
When you choose the best NZ PayPal casinos, you will be spoilt for choice in the games department. These top casino sites partner with numerous software developers in the industry to feature a massive array of exciting and highly rewarding games. You may find games from NetEnt, Microgaming, Big Time Gaming, Evolution, Pragmatic Play and Play’n GO and other studios.
To make it easy for NZ players to find their favourite games, it is common for top PayPal online casinos to section games into various categories. They may also have a search feature to pick games by titles and filter options to display games by developer or bonus feature. Over the next subsections, we will discuss some of the common online casino games you can play and how they work.
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Online pokies
Video pokies are the most popular online casino games. You will find thousands of them on the best PayPal gambling sites. One reason for their popularity is that they are fun and easy to play. In fact, they make for the perfect online casino games for newbies, and they can be highly rewarding, depending on the type you play. The goal of almost every pokie is to land the right combination of symbols on one or more paylines to win.
When you check the lobby of top PayPal casinos, you will find a few pokie types, including classic, branded, 3D and progressive ones. These pokies can also come in different themes and designs, such as arcade, Asian and fruit themes. Besides, it is common for online pokie developers to include bonus features in their games, making things even more interesting. These bonus features are usually linked to special symbols like scatters and wilds, and they can be anything from free spins to multipliers or re-spins.
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Online Blackjack
Blackjack is a popular table game available in the lobby of many PayPal casinos. It is played with cards, and the goal is to have a hand with a total card value higher than the dealer’s hand but without exceeding 21.
While many blackjack variations are available at online casinos with PayPal deposit, their basic rules remain the same. At the beginning of the game, after placing your bet, the dealer (computer in the case of online blackjack) will deal two cards to the player and two to itself. You will then be presented with four options, depending on your two initial cards— hit, stand, double down or split. After playing your round, the dealer will reveal its cards and then hit or stand. You win if your hand has values higher than the dealer’s and is not over 21.
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Online Roulette
This is another exciting table game available at many online casinos with PayPal deposit. Roulette is a pure game of luck, and you only need basic skills and knowledge of the game rules to play it. The game has two main components—the betting table and a roulette wheel with a small ball. To win playing roulette, you must bet on the numbered pocket where you think the ball will land after the wheel stops spinning.
Generally, roulette has two main categories of bets: inside and outside. What makes roulette interesting is that you can place multiple bets in one game round. Some general roulette variations you can play from different developers are French, American, and European Roulette.
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Online Baccarat
Although not as popular as blackjack and roulette, online baccarat games are also found in PayPal casinos in NZ. It is a table game where the goal is to bet on the player or banker’s side. You win if the side where your bet is on has the highest card value. The highest total value of a hand is 9. Any value above 9 will see the first figure dropped, and only the second figure will count. So if a banker or player side has a value of 14, the “1” is dropped, and “4” is the count.
Like many table games, baccarat comes in different variations, and each may have additional rules besides the main rules discussed. Likewise, the game’s payouts depend on the variation and rules, but you can expect 1 to 1 for a player or banker bet and 8 to 1 (rarely, 9 to 1) for a tie bet.
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Other table games
Apart from blackjack, roulette and baccarat, PayPal casinos feature other table or table-related games. One such is poker, considered by many to be the most popular table game. Poker comes in different variations, each with its own unique rules. But the goal is usually to have the highest poker hand according to poker rankings to win. Some popular variations are Casino Hold ’em Poker, Stud Poker, Caribbean Poker, Draw Poker, and Omaha.
In addition to poker, you find video poker games in the table game category of an online casino that accepts PayPal. The goal of this game is to form the best hand from five cards. You will get the option to hold some cards and change other cards in each game round. Other table games available at the best NZ PayPal casinos are craps, sic bo, pai gow, etc.
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Live dealer games
The different game types we’ve discussed in the previous subsections are RNG-based games where the outcomes are determined by a computer algorithm. However, if you want games that offer a more realistic, immersive and interactive experience, you should check out live dealer games. These are real-life games hosted at a land-based casino or studio of a game software provider. They are anchored by real croupiers, and you can play alongside other players or against dealers (e.g. in live blackjack).
Top-rated PayPal casinos feature live dealer games that players can stream and play on their devices in high definition. Many of these games also come with multiple camera angles, so you can catch all the actions and enjoy the full gambling experience.
Among the popular types of live dealer games you can play are live roulette, live baccarat, live blackjack, live sic bo and so on. Many PayPal online casinos in New Zealand also feature TV-show-based live dealer games like Monopoly Live from Evolution and Sweet Bonanza CandyLand from Pragmatic Play.
PayPal casino bonuses
Bonuses are among the integral factors many players consider before choosing an online casino. This is because the best bonuses can help boost your bankroll, allowing you to play more games and win more money. You can claim different exciting bonuses in top online casinos that accept PayPal, and we will describe a few of them in the following subsections.
Welcome bonuses
This bonus is offered by most, if not all, PayPal deposit casino sites. A welcome bonus is a bonus that is exclusive to only new players, and it can come in different forms such as free spins or a match deal. The idea behind this bonus is to welcome new players and help them kick-start their gambling experience.
Free spins
This is a common online casino bonus available at the best PayPal online casinos. The bonus allows you to play spins on specified video pokies for free. The number of free spins you will get will be specified in the promotion you claim, and the bonus may be offered as a deposit or no-deposit bonus.
Match bonuses
Also referred to as a reload bonus, a match bonus is a PayPal casino bonus where the online casino matches the amount you deposit by a particular percentage. However, be aware that there is usually a maximum limit to the bonus amount, which will be specified in the promotion t&c.
High roller bonuses
High roller bonuses are promotional offers targeted specifically at high rollers. They usually have a higher minimum qualifying deposit to claim it, and their value is also higher than in most regular deals. High roller promotions can be offered as a match bonus, free spins or cashback bonus.
VIP or loyalty program
Some top online casinos that accept PayPal have a VIP or loyalty reward program to incentivise their loyal players. Through the program, they offer exclusive bonuses and other perks. You can earn comp points for playing real money games, get a personal account manager, get invitations to VIP events and so on.
Conclusion
We’ve discussed all the essential things you need to know about PayPal casinos and how the payment method works. No doubt, PayPal is a good payment method for depositing and withdrawing winnings at online casinos. The limits are reasonable, especially when you verify your PayPal account, and the processing speed is also fast. Besides, PayPal fees are relatively lower compared to some other payment options. When you play at the best PayPal casinos in New Zealand, you can choose from a massive selection of exciting games and claim numerous bonuses. But remember, you must create an account with the payment operator before using it.