PayPal vs. PaySafeCard: Pros, Cons and Casino Withdrawal Limits Face Off

PayPal and Paysafecard have emerged as two of the most widely used online payment methods for casino deposits and withdrawals. While both offer advantages like transaction security and convenience, essential differences in features often lead players to debate—which is better for gambling?

Most relevant and reliable gaming platforms, as the ones cataloged on this page,  offer both PayPal and Paysafecard, so players enjoy the advantages of each service. PayPal provides rapid access to your winnings with a globally trusted e-wallet.

Paysafecard enables simple PIN purchases at thousands of stores when you want to deposit. With pros and cons differing between the stalwarts, leading sites empower flexibility. Players can leverage PayPal withdrawals for quick access to substantial sums or Paysafecard when retail deposits fit their needs. Dual support equals optimized choice potential.

PaySafeCard for Online Gamblers

Paysafecard is a pre-paid, non-reloadable card that you can use to make deposits at various casinos. However, it functions more like a voucher – the card has a specific value loaded onto it during purchase (e.g. $100) that you can then redeem when making the deposit.

When depositing into a casino, simply visit the cashier section and select Paysafecard as your payment method. Enter the 16-digit PIN and the matching value gets instantly transferred from your voucher balance into your real money casino bankroll – a quick and easy one-step process.

Paysafecard’s Pros

  • You don’t have to add any personal financial data
  • Secure one-time prepaid card protects users
  • Fast and secure transfers are accepted in almost every gambling-friendly country.

Paysafecard’s Cons

  • You can’t cashout from online casinos
  • You need another payment alternative
  • More effort is required.

Paysafecard Withdrawals

Paysafecard can’t offer you outward payment functionalities. The purpose of this service is to facilitate one-direction payments (deposits) rather than act as a card connected to an account or wallet. Although safe and secure, it can seem complicated at first to understand the process.

Casinos always have cashout alternatives for Paysafecard deposits, such as:

PaymentWithdrawal Processing TimeAvailability
Debit cards1-6 daysAll casinos
Wire transfers2-6 daysAll casinos
E-wallets4 hours – 2 daysMost casinos have at least one e-wallet
CryptoLess than 4 hoursAbout a third of casinos have at least one cryptocurrency available

PayPal

PayPal’s integration with major banks and debit/credit cards allows you to get the fastest transactions while gambling.

To make a deposit, simply log into your PayPal account, select the amount you wish to send, and confirm the transaction with your email and password. The money instantly appears in your player account, ready for real money games.

Withdrawals are just as straightforward – inform the casino cashier you wish to withdraw to your PayPal wallet, enter the amount, and verify the request. Within 1-2 days, the money is withdrawn from your casino balance into your PayPal balance, which you can then cash out to your connected bank account or card in just another click or two if desired.

PayPal‘s Pros

  • Seamless connections to bank accounts and cards
  • High limits for withdrawals
  • Accepted globally with 200+ million users.
  • Can do both types of transactions (deposit and withdrawal).

PayPal’s Cons

  • Not supported at as many casinos
  • Can impose fees per transaction
  • Some jurisdiction limitations on the use.

PayPal Fees

Processing fees are quite reasonable compared to alternatives such as Skrill or Neteller, especially for larger sums. Depositing into casinos typically has a fixed fee of around 2.9% per transaction, though many sites will cover this fee for you on payments over $30 or so. Withdrawing from a casino to PayPal then to your bank normally incurs no fee, though a 1-4% commission applies if withdrawing from PayPal straight to your debit card.

These small commissions make it very affordable to use PayPal. You also get convenient features like flash transfers, mobile optimisation, buyer protection, and world-class security.

Deposit with Paysafecard & Withdraw with PayPal

For rapid deposits and withdrawals at online casinos, your best bet is to use both Paysafecard and PayPal in tandem. Paysafecard vouchers provide fee-free, instantaneous deposits that allow you to begin playing games right away.

Then for collecting any payouts down the road, link a PayPal account you registered with your personal identification.

By playing to the strengths of each service – Paysafecard’s rapid, no-fuss deposits and PayPal’s quick and economical payouts – players can optimise both funding speed and withdrawal efficiency at casinos. Combining the two solutions lets you hit the tables quickly using voucher deposits while still collecting winnings efficiently via PayPal cashouts.