The Best E-Wallet Casinos - Updated November 2025

What are E-Wallet Casinos?

E-wallet casinos are simply casinos that accept e-wallet payments, an online payment system that allows users to store and transfer funds in a virtual wallet.

It’s a complicated way of describing something you’re no doubt already familiar with, as it’s a category that includes the massively popular PayPal (used by tens of millions of UK shoppers every year), as well as Skrill and Neteller (both of which are owned by Paysafe Limited, a company that also owns Paysafecard).

How Do E-Wallet Casinos Work?

Casinos and e-wallets don’t always get along. For a casino to list a payment option on its site, it needs to work with a payment provider, a third-party company that deals with the processing and verification and ensures the funds get to where they need to go.

Payment providers don’t offer this service for free. So, whenever you deposit or withdraw, there’s a high chance that the casino is losing a few pennies, and the charges are usually higher for e-wallets.

Some casinos remedy this issue by charging the player. You will rarely be charged for a deposit but may need to pay a fixed fee or a percentage when you withdraw. On Jumpman Gaming casinos, for instance, there is a fixed cost of £2.50 for every withdrawal. Elsewhere, it’s usually around 2 or 3% of the total withdrawal amount.

It’s more common, however, for casinos to set their deposit/withdrawal limits higher for e-wallet users, which is why some sites let you deposit as little as £5 but ask for a minimum of £10 or £20 if you’re using PayPal. Many of them also exclude e-wallet users from welcome bonuses, so you should always check the terms and conditions of a bonus if you use these services.

You don’t need to carefully study every term (although it helps) and can simply type “CMD/CTRL + F” on your keyboard to look for mentions of your preferred payment method.

Pros of Using E-Wallet Casinos

Not only are there more pros than cons to using e-wallets on online casinos, but the former will significantly outweigh the latter for most players.

That’s not the case for everyone, though, so it’s worth taking these facts into account.

Safe and Secure Payments

The main benefit of using e-wallets on online casinos is that they are very safe and simple. PayPal, for instance, uses state-of-the-art encryption to protect its users and you’re also required to use two-factor authentication (2FA), with suspicious logins triggering notifications.

These aren’t always accurate, and that can cause more harm than good. I can’t tell you how many times I’ve logged in and received an email telling me that my PayPal account was recently accessed by someone who lives a hundred miles away. Logically, I know it was me, but I don’t use a VPN, so I still have my doubts when that email states my account was accessed from halfway across the country.

Great for Bankrolling

An e-wallet is a self-contained virtual wallet that you can also use to store your bankroll.

Just store all of your weekly/monthly budget in your PayPal account and then use it to deposit into as many sites as you want. If you don’t want to leave funds in the account, you don’t need to. Simply connect a debit card or bank account and process payments every time you deposit.

You can also add a credit card to your PayPal account, but due to the law against credit card gambling, you can’t use that card during the deposit process.

Compatible with Most Devices

You can use e-wallets on desktop and mobile and while an initial verification is needed, it’s very easy to create an account and get started. It’s also free, and you won’t pay when you make direct transactions either.

Fast Withdrawals

Finally, if you want your winnings as quickly as possible, e-wallets are arguably the best option. These days, Faster Payments mean that even debit cards can be instant. But that’s not always the case. With e-wallets, the funds should be in your account as soon as the casino initiates a payment, and you can transfer those funds to your bank account just as quickly.

Cons of Using E-Wallet Casinos

There are a couple of downsides to using e-wallets on online casinos.

Bonus Exclusions

Firstly, some sites will exclude you from welcome bonuses and other deposit bonuses if you use these methods. You can simply deposit with a debit card to collect the bonus and then switch to using e-wallets, but that’s when this super convenient method stops being so convenient.

Also, it’s worth remembering that UK casinos employ something known as a “closed-loop” system when it comes to gambling transactions. It means you must always withdraw the original funds back to the initial deposit method before you can withdraw to another, thus closing the “loop”.

So, if you deposit £10 with a debit card, you will need to withdraw at least £10 to that debit card before you can move those funds to another payment method.

I’ve also used several sites that have insisted I withdraw my full balance to the original method before using another, even though that balance was much higher than the deposit. So, expect roadblocks and frustration if you opt for multiple payment methods.

Slightly Longer Deposits

It takes a little longer to deposit using methods like PayPal than it does using debit cards. Sure, the first time you deposit it’s quicker, as you won’t have to hunt for your card and then enter the details. Thereafter, e-wallets take a little longer. With a debit card registered on your account, you just enter the total and confirm the deposit. With PayPal, you’ll be redirected to the login page and will need to go through 2FA and then confirm your total.

It’s a minor thing, but it becomes a massive headache if you want to place some sports bets, the game is about to start, and you realise your phone is dead.

And yes, I speak from a place of experience.

Slow Customer Support

Finally, some e-wallet services can be a little slow and unhelpful if there is an issue. The same could be said for some banks, of course, but based on my experience, you’re more likely to have an issue with an e-wallet than your bank.

Again, these are all small things, and they won’t be enough to deter the majority of players from using e-wallet casinos. If you like the convenience and already have accounts with the likes of PayPal and Skrill, it’s probably the best method for you. If you’re not very technically minded, hate using 2FA, and don’t mind giving your debit card number to multiple casinos and bingo sites, you might be better off with the more traditional method.