The most popular alternative to using credit and debit cards for online payments is PayPal's banking system. Its association with the American e-commerce company eBay has helped propel the company (and its banking system) into the financial and electronic payment mainstream. Today, PayPal has more than 200 million accounts worldwide.
Players love the services of PayPal because they can use it to make online deposits without revealing their true identity. New Zealand players can use our reliable list of online bookmakers to find betting sites that accept PayPal. Learn all about PayPal, how it works and the many benefits of using it to place bets at bookmakers that accept it.
Online Sports Betting Sites that Accept PayPal
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Operator
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Bonus
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Features
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Claim Now
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100% Match
Up to 600 $ |
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Welcome package:
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100% Match
Up to 23000 $ |
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100% Match
Up to 900 $ |
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100% Match
Up to 1800 $ |
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What You Will Find on this Guide
- What is PayPal?
- Do Any Betting Sites Accept PayPal?
- How PayPal Works – Beginner’s Guide
- Advantages of Using PayPal Deposits
- The Shortfalls of Using PayPal
What is PayPal?
The platform functions as an electronic wallet and has been around since 1998. It has become the go-to online payment system for countless people who want to place bets at all kinds of Internet sportsbooks around the globe. What makes PayPal so appealing is the speed of the transactions and the way they are secured. You really want to think carefully about all the details. Sportsbooks that use PayPal certainly have this payment method for good, obvious reasons. It's one that many players seem to be looking for when they want to make a deposit.
Do Any Betting Sites Accept PayPal?
There are plenty of payment methods for online gambling at New Zealand bookmakers, and many of them are internationally recognized. One of the most popular payment options is PayPal, and for good reason. PayPal is ubiquitous, and its simplicity and security make it a very useful interface for placing bets. New Zealand bettors can use PayPal not only to fund their accounts at online betting sites, but also to cash out and enjoy their winnings into a PayPal account.
How PayPal Works – Beginner’s Guide
It is important for players to understand that a PayPal account must be set up online in advance. This is an important step to take before you decide to register with a PayPal gaming site. We don't want you to worry that this will be a long and arduous process - it generally is not. Most payers will find this to be a quick and easy part of the overall sign-up process, as it only requires your basic identifying information.
That is their name, date of birth, their email address along with a unique password and physical address.
They will then add funds to the account using their bank or credit/debit card details.
Having done so, you follow these steps to start betting at PayPal friendly betting sites in New Zealand:
- Go to the cashier at the bookmaker.
- Select the PayPal tab from the array of banking options available.
- Fill in the required details and specify the actual amount of money you wish to deposit.
- After confirming your deposit, a notification will be sent to you immediately.
- Your account will be credited with the money in question and you will be ready to bet on the Internet.
Advantages of Using PayPal Deposits
PayPal betting sites are advantageous for several reasons, and we cover these reasons in our guide to payment methods in New Zealand. And when we say we cover them, we mean that we have collected comments from many different forums where gamblers share their experiences with a particular betting site. The result is a pretty detailed list of advantages.
- PayPal is known for its fast processing of deposits.
- It is easy to use and apply online.
- Betting platforms located in every corner of the globe accept PayPal credits as one of their payment methods.
- PayPal is used by New Zealand sportsbooks to offer deposit and withdrawal options.
- Sites that accept PayPal for betting use the most stringent security to encrypt users' information.
The Shortfalls of Using PayPal
The PayPal banking service has many good features, but customers have pointed out a few shortcomings that can make using the payment service a less than perfect experience. Weigh these shortcomings to see if you can incorporate them into your payment life.
- PayPal transaction fees range from 0.4% to 7.4%.
- PayPal withdrawals take a few days to process.
Here is a list of PayPal affiliated sites that allow online betting and that we recommend for those placing bets from New Zealand. Set up an account with one of them today and add a very tempting offer from the site to use PayPal to fund your account.
Most Popular Alternative Payment Options Online
- SiD Instant EFT Betting Sites