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PayPal in Portuguese Casinos
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As a Portuguese online casino player, you know that online gambling is completely legal in your country, and you also know that world-class payment methods like PayPal are at your disposal for smooth deposits and withdrawals. That's because operators licensed in the country make sure players get the best treatment and have the option to use both local and global methods. PayPal is actually one of the most well-known global alternative solutions that has managed to get listed across online casinos from all over the world, including Portuguese sites. There are many perks you can get should you decide to try it out yourself, so if that's what you're planning to do, continue reading to find out more about it. Why choose PayPal for your deposits and withdrawals across Portuguese online casinos?
Online Gambling Regulation in Portugal
The Portuguese are well-known gamblers who have enjoyed casino games for over a century. The land-based gambling industry in Portugal was legalized way back in 1916. Ever since, it has only been growing at a steady pace. Get out on the streets and you’ll notice well-established casinos and betting shops left and right; all of these are operating legally, abiding by the Legal Regime for the Operation of Games of Chance in Casinos.
When gambling went online, the first online vertical that Portugal legalized was the online lottery. This happened in 2000, but as with many other countries, Portugal chose to have it monopolized. The Portuguese National Lottery is at players’ disposal, both online and offline. As far as online casino gambling goes, drumrolls: it is legal, as well! With the Regime Jurídico dos Jogos e Apostas – Decree-Law No. 66/2015, Portugal legalized online casino gambling in 2015. Players from the country were already playing across offshore casino sites, and were not prosecuted or punished for that; neither were operators, nor were their sites blocked. The authorities wanted to do something about that, and that’s why they decided to legalize online casinos and properly tax operators who wanted to cater to Portuguese players.
Therefore, as of 2015, an urgent action against operators that were targeting the market illegally was taken. Only those operators who properly paid taxes and stuck to the rules as introduced by the government were allowed to offer online casino gambling to Portuguese players. Internet service providers blocked offshore, illegal sites, and that’s how the country managed to make the market a safe place for all Portuguese players, who now had access only to perfectly legitimate and licensed sites. Since half the nation regularly bets online, it is safe to say that the Portuguese market is going strong month by month.
Portuguese players, however, have the freedom to join any site they want, without getting prosecuted or punished for it. While they are advised against unlicensed sites and encouraged to join licensed online casinos, Portuguese players can still join any site they want to join without worrying about getting punished for that. Operators are blocked, but players are not limited really; however, as mentioned, the authorities do everything in their power to stop illegal gambling, and that’s why you won’t find as many offshore sites as you may have thought you would.
Nevertheless, you can rest assured that you’ll have plenty of options across the sites that you can access. High-quality gaming content is guaranteed, regardless of whether you decide to join an international or a local online casino. Table games, slots, Live Casino games and online poker are just some types of games that you can get access to, delivered by some of the best providers in the world, developers like Evolution, Games Global, Relax Gaming and Playtech, to mention a few.
A great choice of payment methods will surely be at your disposal, too. Sites that cater to Portuguese players make sure to provide them with local solutions, but also plenty of popular international methods. You will certainly have standard and alternative options to consider. One of the most used international methods across Portuguese online casinos, though, is the eWallet PayPal. This alternative solution has been around for ages, catering to players from all across the world, including Portuguese players. The fact that with it you can make effortless deposits and withdrawals in just a few taps on your desktop or mobile device, in your local currency, the euro, and a bunch of digital currencies, is what makes it among the top choices for Portuguese players. Make sure you continue reading to find out more about it.
Using PayPal Across Portuguese Online Casinos
PayPal is a payment method that you will see listed at a great number of online casinos that accept Portuguese players. It has been around since 1998, and the online gambling industry was in fact the one where it thrived the most. Since it is an eWallet, an alternative to standard banking options, it is offered basically all over the world, with only a few country exceptions. Portugal, of course, is on the list of accepted countries, and Portuguese users are among the more than 300 million who use its services every single day.
Even though it originates from the USA, the solution is offered globally, in more than 100 currencies. As of 2020, PayPal introduced digital currencies and started allowing its users to send, receive, and use a few cryptocurrencies for their transactions. This, paired with its unparalleled reputation and many accolades, is what makes it so popular across the online gambling industry.
But what makes it the number one choice for many online casino players is its dedication to regulations and rules. The solution is always up to date with online gambling rules, laws, and any changes to them, and that's why you can see it exiting markets, reentering them when they are ready for it, and penetrating new markets as soon as they launch. The eWallet has proven over and over again that it is all about users' safety and protection, and does not cater to users from unregulated online gambling markets. In countries where credit card gambling is forbidden, PayPal has stopped allowing users to fund their eWallet accounts using credit cards, for instance. So, we’re not joking when we said that the solution respects all rules and laws in each of the countries it operates in.
To get started with it as a Portuguese player, you will need to visit its official website and head over to the account selection page. Here, pressConta Pessoal (Personal Account) and then Criar conta gratuita (Create your free account). You will be asked to select Portugal as your country of residence, and then you'll need to provide your email address. Next, you’ll be asked to provide your mobile phone number and verify your identity. For this, you will need a copy of a government-issued identification document. As soon as you’re done with these steps, you can continue by funding your eWallet account. For this, you can use credit or debit cards, or bank wire transfer, in euros. Remember that you can also fund your account using digital currencies.
As soon as you’ve topped up your account with money, it’s time to give the solution a try across the best Portuguese online casinos. Follow our lead to learn the steps you’d need to take to start making deposits and withdrawals with it.
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Deposits and Withdrawals with PayPal
As mentioned previously, you will certainly find PayPal listed as an accepted payment method across a great number of Portuguese online casinos, if not all of them. It is extremely popular across the industry, and that's why basically all sites that cater to Portuguese players offer it. So, the first thing to do is check out a few interesting sites and make a list of sites that you'd like to join.
After you find the one online casino that ticks all your boxes, and you decide to register an account with it, all you have to do is enter the basic personal info in the appointed fields. As soon as your account is ready, to fund it with PayPal, do the following:
- Head over to the Banking/Cashier page once you enter your player account.
- Look for the Deposits section and find PayPal’s logo in it.
- Select the solution and use your credentials to enter your eWallet.
- Specify the amount you’d like to transfer and confirm the transfer.
- The money you requested will appear on your casino balance in an instant.
The best part about PayPal is, as mentioned, that it can be used for withdrawals, as well. Since it is an eWallet, it works both ways, allowing you to not only get instant deposits but also quick withdrawals.
The procedure is pretty similar to the depositing one, actually. All you have to do is visit the Banking/Cashier page again, this time heading over to the Withdrawals section right after. Find PayPal on the list of accepted methods, select it, and then add the amount you wish to cash out. Now, bear in mind that as soon as the operator receives your request, they will take time to check it out to see whether you can cash out as much as you requested. Assuming you did, you will get the approval in a few minutes or up to 48 hours, depending on the operator’s withdrawal processing times policy. From here, PayPal will make sure your winnings arrive safely to your eWallet account, for you to continue using it as it suits you.
Conclusion
Sure, Portuguese players nowadays have local payment methods to use for their deposits and withdrawals, but PayPal is always the most convenient choice. It is offered basically across all online casinos that cater to Portuguese players, allows for transactions in both the euro and digital currencies, and processes both deposits and withdrawals swiftly. Without a doubt, you should at least give it a try to get a taste of what it offers.
FAQs
Is it legal to gamble online in Portugal?
Yes, as of 2015, Portugal has been offering a legal online gambling market. The law that regulates the industry in the country is the Regime Jurídico dos Jogos e Apostas – Decree-Law No. 66/2015.
Can Portuguese players get access to international online casinos?
The authorities make sure to block offshore operators to prevent illegal online gambling, but players who manage to get access to international online casinos are not really prosecuted or punished for it. Many of them, to this day, actually prefer international online casinos over local ones.
Will I find many Portuguese online casinos that offer PayPal?
Yes, virtually hundreds of sites will be at your disposal. PayPal is pretty popular across the online gambling industry, and all popular casino brands are offering it. You can rest assured that you’ll have more than a satisfactory number of sites to explore where you can use the eWallet for your deposits and withdrawals in your local currency and cryptocurrencies.
Does PayPal offer country-specific Customer Support for Portuguese players?
Sure thing. You can contact the team from 08:00 to 16:40 GMT via a message or give them a call at 800-210-494. If you’re outside Portugal at the moment, use the line +353 1 43 69701.
Does PayPal allow users to use many cryptocurrencies for deposits and withdrawals across online casinos?
Well, at the moment of writing, the following are the cryptos offered: Ethereum, Bitcoin, Bitcoin Cash, Litecoin, and PayPal USD. Chances are that the solution will add others, but whether and when that will happen remains to be seen.
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