How does PayPal compare to other E wallet providers out there

Whether you’re doing online shopping, ordering services or even playing at an online casino, chances are, you’re using a web wallet. Of course, many players simply use their VISA or MasterCard accounts, but with the higher fees and longer withdrawal time, most choose to use the excellent variety of web wallets.

The first name that pops up for most is PayPal, it’s been around since the 90s, was owned by eBay and remains the leader in easy, fast and highly secure transactions. However, the demand for additional online payment speeds and benefits has allowed many other options to join the market and provide their secure services as your web wallet.

Today, there are hundreds to choose from, some only accepting traditional currencies while others have added the benefit of cryptocurrency and more. Even mobile phones can now act as a payment method with Apple and Google Pay, all of which are available at UK online casinos.

Of course, it’s great to have so many options to choose from, each covering unique benefits that make things easier for you. However, the large selection can be quite overwhelming, especially when you’re looking for a payment method that offers everything you need with a few added features. Trying to go through all the details of each method and then seeing that it’s not available at your favourite casino is a disappointment for sure.

Bellow, we’ll take a look at some of the best web wallets that have proven to be fast, secure, widely available and offer excellent benefits for UK players. Since PayPal casinos UK are the most in demand, we thought it might be a good option to compare the rest.

Features of Paypal and Why it’s the best E Wallet in the UK

PayPal is the world’s most well-known web wallet and was established by, among others, Elon Musk in 1998. The service remains a leader in terms of security and technology, providing users with excellent benefits while keeping their funds and details safe. In fact, the service now includes buyer protection, which is a safety net for online orders that you’d like to return. If for any reason you cannot resolve the matter with the seller, PayPal will escalate the matter and assure that you receive the funds back, not just for the item, but for shipping costs as well.

PayPal provides a wide range of excellent services, which include sending funds to anyone anywhere in the world instantly. Link your bank accounts or other wallets to fund your PayPal while also being able to pay online without sharing any of your credit card details. Receiving money requires only your email address and you have the option of creating various invoices, requesting payments and more through their leading mobile app and website.

Even though PayPal doesn’t provide direct casino benefits, the payment option is the most in demand for players in the US and UK alike. Luckily, many online casinos have added the option to deposit and withdraw via PayPal, allowing you to withdraw winnings with ease as use it for online shopping, withdraw to your bank account or send it to anyone around the world. As mentioned above, UK online casinos have become the most popular as more players want the benefits available with the service.

Features of Skrill and ease of use in the UK

Skrill is a close competitor for PayPal as it too holds more than 20 years of experience being established in 2001. The service is incredibly popular with online casinos as you can use it just about anywhere. In fact, it’s considered unusual for an online casino not to provide Skrill as a deposit and withdrawal method. It’s become a popular choice among our minimum deposit casinos as well, giving players easy access to various bonuses for much lower deposits.

However, Skrill casinos UK also provides a lot more than just fast and secure deposits as users also have the opportunity to send funds worldwide, pay at thousands of online stores, buy and sell cryptocurrency and even earn from their loyalty program.

Users have access to their accounts with apps available for iOS and Android devices. Of course, their modern website is another easy choice to receive funds from other web wallets, your personal credit/debit card or other accounts. As with PayPal, their transactions are instant, making it a great addition to our fast withdrawal online casinos.

Skrill is operated and owned by Paysafe Holdings UK Limited and is fully licensed to provide its electronic payment services. Thus, players in the UK might find it an advantage to deal with a local company.

Neteller is among the best UK E wallets casinos

Neteller is yet another incredibly experienced competitor for both Skrill and PayPal as it was established in 1999. As with Skrill, the payment service has become one of the biggest at online casinos and is also widely available, for just for players in the UK, but international as well.

Users can easily fund their Skrill account in various ways, including other web wallets, credit/debit cards, bank transfers and many more. Users can transact in both traditional and cryptocurrency as Neteller allows them to purchase and sell various coins. Of course, this opens the world of cryptocurrency online casinos as well, adding a new aspect to your gaming experience. They also include various withdrawal methods, making it easy to get funds directly to your bank account or other online wallets.

One of the advantages available with Neteller relates to their loyalty program. It features three levels, starting with Standard, then True and finally VIP. With each level, you’ll earn points with transactions and deposits, which can be exchanged for cash. You’ll need to download their app for these benefits, which is free on Google Play and Apple App Store.

The benefits of Skrill and Neteller are quite similar and widely available at online casinos. When you take a closer look, you discover that Neteller is actually a Skrill registered trademark. Therefore, it follows the same regulations and security measures as both are owned by Paysafe.

The New Comer that’s becoming popular, Apple Pay

While web wallets have become incredibly secure and advanced, mobile payment methods are rising fast with no need for an account, lower fees, more shopping options, easy deposits and withdrawals at online casinos, fast transactions and much more. One such service is available to iPhone users in the UK, allowing them to simply use their device to replace their physical cards, web wallets, online payment method and much more.

Apple Pay is already installed on every iPhone and linked to your account automatically. Therefore, to start using it, there’s no need to sign up or fill in any forms. You can simply add your credit/debit card by scanning them and instantly linking your account. Now you can use your mobile device to tap and pay at retail stores, use Apple Pay for online shopping and much more.

Apple Pay is basically a middleman for your card, offering a higher level of security and taking the funds directly out of the account when transacting. Thus, you don’t lose out on any benefits from your bank as you’ll still receive your rewards and miles.

At online casinos, the same features are available, allowing you to make deposits and withdrawals without sharing any of your personal account details. Instead, Apple Pay Casinos provides the required info and transfers the payment instantly. You’ll also find minimum deposit amounts are much lower, allowing you to claim bonuses with our £1 minimum deposit casinos.  

How they Stack up

While many web wallet services are available, they all provide a similar range of benefits. With Skrill and Neteller you have the advantage of earning rewards and using them at just about any online casino. PayPal online casinos are also easily available and just about everyone has a PayPal account these days, adding the benefits of easily sending cash or online shopping.

It comes down to selecting the service that suits your needs best as you might be considering a service that does more than just deposits and withdrawals at online casinos.