Set up in 1998, PayPal is a digital payment platform known worldwide. With more than 300 million active users, balances can be held in multiple currencies. In fact, each individual can have accounts in up to 25 currencies, including Australian dollars. Overall, money can be received in over 100 currencies, and withdrawals can be made in 56.
This service is the most popular in Australia, with over 9.8 million PayPal users recorded in 2022. Roy Morgan reports have shown that Afterpay may be the best-known digital payment service in the country, but PayPal is the most used one. PayPal continually boasts a high adoption rate of over 80% for online payments.
When it comes to online gambling, PayPal adheres to the regulations and laws of each country or state. This is why you will not find any PayPal casinos for Australian players. The service doesn’t allow gambling-related transfers for Aussies because there’s no local licence for Australian-based casinos. It’s an option in the UK, for example, as the UK Gambling Commission issues approvals to UK-based casino operators.
In countries where online gambling is accepted, PayPal casinos are prevalent. You can play numerous casino games with PayPal in countries other than Australia. In fact, it’s possible to see how the best casinos online with PayPal welcome Aussies but prevent them from using the e-wallet.
This situation leaves Australian online casino fans with two options.
- Forget about PayPal casinos and join iGaming websites that offer other banking options.
- Join one of the best Australian online casinos for PayPal and use alternative payment