PayPal is one of the leading e-wallets worldwide, but the number of PayPal betting sites in India is still meagre. In fact, it’s more or less non-existing. PayPal, as a company, does not approve of gambling transactions and is highly limited to a few larger gambling sites in a few regions. Regardless of this, PayPal can still be used as a chain of your payments to a casino by transferring to your Skrill or MuchBetter-account or purchasing Paysafecards.
Since you won’t find any betting sites that accept PayPal in India, the below list of casinos has a range of popular payment methods better suited for gambling.
PayPal Betting Sites India
PayPal is the world’s leading online payment service, allowing users to make payments to online stores, as well as transfer money to others. The speed and ease of a transaction are some of the main reasons PayPal has made such as success. PayPal was widely used for sports betting and casinos back in the day, but sadly, this is not the case anymore. The company have in recent years disapproved of gambling transactions and, as such, PayPal is a payment method no longer available in Indian betting sites. You might still find some PayPal gambling sites around, but transactions are limited to UK players.
Since it’s so easy to create a PayPal account and transfer money to a bookmaker, it is a pity that Indian punters can’t utilize this e-wallet platform, including millions in India. For those new to the use of PayPal on betting sites, let’s start by taking a look at the history of the company.
PayPal was established back in 1998, initially operating as a software company for the use on mobile devices. Having merged with X.com in 2000, PayPal quickly moved into a new market, focusing upon money transfers. The organisation went public in 2002, before being acquired by eBay for a fee of over $1.5 billion just a matter of months later. With an estimated 200 million users worldwide, PayPal became an independent company once more in 2015. PayPal now has offices in the US, Singapore and Luxembourg.
Top PayPal Betting Deposit Alternatives
Luckily, Indian punters have a range of payment options to choose from when depositing. Therefore, not being able to use PayPal won’t really set you back. The above options are some of the most common and popular at the newest sports betting sites in India today.
Why Choose PayPal Bookmakers?
PayPal offers users a variety of features, which help to set them apart from other online money transfer platforms. One of the main reasons as to why PayPal are able to attract so many users is the fact that they offer a hugely reliable and trustworthy platform. PayPal help to facilitate instant money transfers, perfect for betting customers looking to quickly take advantage of an appealing market or sign-up bonus betting sites.
Meanwhile, all that is required from users is their registered email address and password in order to process deposits, which take just a matter of minutes in most cases. PayPal is also accessible via both desktop and mobile platforms, meaning that transfers can be made at any time and in any place. PayPal users are also able to choose their preferred language and currency, which includes Rupees. While other e-wallets are more widely found when it comes to the best betting sites for India, PayPal is still the firm favourite among customers.
As mentioned, there are no PayPal sports betting sites in India, but for those residing abroad it still might be an option.
Negatives of Using PayPal
PayPal gambling sites are few and far between, and non-existing to Indian bettors. You can still use it as a chain in your payments if you are a big PayPal user, but due to fees it’s not an ideal option.
While there are very few disadvantages of using PayPal in general, the customer support from the e-wallet platform is very disappointing. With no live chat feature to speak of and their telephone line being inefficient, those who like to have support available at the touch of a button may wish to give PayPal a miss. Elsewhere, those receiving money via PayPal will often be charged a fee for doing so, meaning that they do not receive 100% of their earnings.
How to Register an Account with PayPal
A PayPal account can be set up in just a matter of minutes by following these simple steps:
- Enter the PayPal website or mobile app, with the latter being free to download on both iOS and Android devices. It takes a similar amount of time to create an account via either platform, however we would generally recommend using a desktop where possible.
- Click on the “Sign Up” option, which is located in the top-right hand corner of the page at all times. Upon selecting this option, customers will then have to choose between a personal or business account.
- Having most likely selected the personal account option, users must enter their email address, before selecting a memorable password. Be sure to enter an email that is still in use, as it will be needed in order to verify your account later on. Finally, tick the checkbox at the bottom of the page in order to acknowledge that you have accepted PayPal’s terms and conditions.
- The next step of the process is to enter your credit or debit card details, while there is an option to enter such information at a later date.
- After entering such information or choosing to abstain, users must then provide their bank details in which they wish to be linked to their PayPal account. Again, this is an optional step that can be completed later on.
- The final step when it comes to registering a new account at PayPal is to verify your account. After linking your bank account or credit/debit card to your PayPal account, users will receive a small amount of money from PayPal into their account. Confirmation of the receipt of this amount will verify your account, thus enabling customers access to all of the services and features in which PayPal brings.
PayPal Betting FAQ’s
Can I deposit at betting sites with Payal in India?
No, PayPal is not a common payment method at Indian betting sites. PayPal is stringent in cooperating with gambling sites and is mainly available at a few UK sites.
Can I withdraw my winnings to my PayPal account?
You can’t withdraw your winnings directly to your PayPal account, but you can use Skrill, for example, and then transfer from your Skrill account to PayPal. Sadly, fees are likely to incur at such transactions, so it’s not the best option.
Is PayPal safe?
Yes, PayPal is one of the safest e-wallets you can choose. You need to verify your account to use it conveniently, and their site is fully encrypted.
Arjun Jindal | Last Modified: August 10, 2022
