Content:
- How can you use PayPal for online gambling?
- Are there any fees associated with PayPal payments?
- Is it worth using PayPal on casino sites?
- At the bottom line
PayPal is the most-chosen e-wallet because it's safe, convenient, and fast. It's suitable for online gambling though not so many casino sites in Sweden accept it due to the policy reasons. But on this page we have collected top gaming sites in Sweden that do accept PayPal users.
How can you use PayPal for online gambling?
PayPal now offers various ways to use it. It’s not just an e-wallet, you can also try its card version and pay with a link. Here we’ll tell you about the many versions of PayPal and which of them is best for internet gaming.
PayPal e-wallet
A digital wallet is perfect for those who hold multiple credit and debit cards. This PayPal version allows you to have all your bank accounts and cards in one place. So you can easily have access to all of your funds by providing your username and password.
This method allows you not only to make payments but also to receive money from people and companies. This is very convenient for online gambling and online shopping in general.
E-wallets allow you to deposit and withdraw and even transfer money into your bank account whenever you want it. Of course, these imply certain fees.
But this is the best alternative for online gamblers in Sweden, which is why many of them choose the PayPal e-wallet. Here’s how to deposit using this method:
- Go to the casino’s cashier section.
- Choose PayPal from the list of deposit methods.
- Enter how much you wish to deposit.
- Enter the account details and confirm!
To withdraw money, use the same cashier but choose the withdrawal section. All payments are quick and easy.
PayPal app
This is just a mobile application for the e-wallet so that it’s always with you. It’s available for online gaming, shopping, and even at land-based stores and establishments where PayPal is supported. To use a mobile app, simply download it to your smartphone and enter your access details.
Access card
PayPal has partnered with MasterCard and created a physical card that works like a debit card. It’s linked to your bank account, which means it doesn’t really differ from any other bank card. You can use it as easily as your bank card.
These PayPal cards are also accepted at ATMs, so you can withdraw money using a physical PayPal card. This method can also incur fees, be aware.
The access card can be used at online casinos as any other debit bank card.
PayPal.Me
This is a new service from PayPal. But it’s becoming more and more popular among users. PayPal.Me mostly focuses on private money transfer from users to users. So this method will not suit online gaming.
To receive money from other people, all you need is to share your PayPal.Me link. The sender taps it, chooses the amount, and transfers money.
Are there any fees associated with PayPal payments?
We touched on this question earlier. Yes, PayPal incurs certain fees because it’s a private company that offers a private service. However, it doesn’t mean that they charge users for everything.
Their registration is free, and deposits and withdrawals from online casinos are free of charge too. Though you might experience fees for paying at offshore Swedish online casinos that work in your country:
- A currency conversion fee of about a minimum of 0.4% and a maximum of 7.4% can be charged if your casino’s main currency is the euro.
- Depending on which card you use and to whom you send money, you may be required to pay a cross-border fee of about 0.3% - 7.4%.
- If you choose a credit card in your e-wallet as a withdrawal account for your winnings, you might experience a payout fee of 3.4%. Though if your online casino pays for everything, you won’t have to worry about it.
Many Swedish casinos take charges upon themselves so players are only left to enjoy gaming. But it’s all individual.
When using PayPal, you might also experience transaction fees when you decide to move money from your PayPal account to your bank card and backward.
Is it worth using PayPal on casino sites?
PayPal is a safe payment method so it’s the first reason to use it for online gambling. Online casinos won’t require you to enter bank card details, which is a double safety for your funds. Many players use PayPal exactly for this reason. They either don’t want to or can't use their bank cards for online gambling. And PayPal is a great alternative since it works like an intermediary party between your bank and casino.
PayPal takes care of your funds and never shares your banking details with anyone. So in case anything happens to your online casino account (hacker attack or something), your banking details will stay safe.
PayPal is very convenient. First, it’s an online service, which is already nice as you don’t have to visit retail stores to use it like with vouchers, for example. The only thing you need to keep in mind using your PayPal account is a username and password.
Of course, many players in Sweden choose PayPal for its fast service. Deposits are made quickly, and withdrawals generally take no longer than 24 hours.
Another fact PayPal is worth your attention is that casino bonuses are eligible for PayPal users. Both welcome deals and recurring offers are available for players who use the e-wallet. Moreover, you can even receive special offers for using PayPal.
So it’s definitely worth using this e-wallet for real money online games. Although there are fees, if you appreciate great service, you will like PayPal more than anything.
At the bottom line
There aren’t many online casinos in Sweden that accept PayPal simply because of the strict requirements of the company. But once you found your online casino PayPal, sign up and enjoy your best gaming experience. For your convenience, we have collected the top PayPal casino sites here in this post.
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