In the world of online payments, PayPal needs no introduction. It’s arguably the most used payment method all over the world for its instant transactions and relatively manageable fees. But how does it hold its ground when it comes to online betting in Malaysia? Is PayPal Malaysia the only e-wallet you ever need? Let’s find out.
Without a glimpse of doubt, security is the most important aspect when you’re trying to decide which payment method to use. PayPal has managed to cover its ground very well with excellent fraud prevention, PCI compliance, buyer protection, and seller protection! Every single transaction is monitored 24/7!
The security features are designed in a way so that no one other than you can authenticate payments. Also, you can report any suspicious behavior from any parties on PayPal. It takes action faster than most other providers we’ve seen.
22Bet is a spectacular online betting site in Malaysia that accepts PayPal for deposits and withdrawals. You can use the smartphone app too for this one!
1xBet supports some of the most popular payment methods in Malaysia. And you guessed it, PayPal is also among them. You can use this to wager real money on more than 25 different sports.
If you’re looking for a localized bookmaker that also supports PayPal, look no further than BK8. It guarantees a safe and enjoyable experience where you can relax and wager with real money.
BK8
📣 Site
https://www.bk8mya.com/en-my/home
💰 Welcome Bonus
288% deposit bonus up to MYR 2880
⚽ Sports
30+
💳 Payment Methods
Bank Transfer, Credit or Debit Card, Neteller, Skrill, Cryptocurrency
💰 Minimum Deposit
50 MYR
💰 Maximum Deposit
N/A
Pluses
Offers more than 30 different sports
Supports both fiat and crypto payment options
A generous welcome bonus for new players
Minuses
Wagering requirements are different for every bonus
Follow our instructions below to complete a deposit with PayPal.
Log into your PayPal Malaysia betting site and visit the deposit page.
Choose to pay with PayPal Malaysia from the dropdown menu.
Enter the amount you want to deposit in RM.
Enter your email address that’s tied to the PayPal account.
Verify the transaction and you’re good to go!
PayPal Bonuses
Let’s take a quick look at some of the bonuses you may get at betting sites that use PayPal.
Free Bets: A very common sports betting bonus in Malaysia as well as in the rest of the world. You get to place bets for free.
Cashback: A percentage of your real money losses is credited back to you as a reward. In most cases, it’s under 20%.
Ongoing Bonuses: Betting sites that accept PayPal often try to mix things up with ongoing promotions. For example, if it’s the FIFA World Cup season, the operator may offer time-sensitive bonuses that reflect the theme.
Popular Sports to Bet on with PayPal
The most amazing thing about betting sites that accept PayPal is that you can bet on any sport you want. But what are the most popular ones?
Football
Malaysians love football, both to watch and to bet. There’s no shock here that football is the most popular sport for PayPal Malaysia betting.
Wrestling/UFC
From what we can tell, Malay punters are big on wrestling. It’s a shame that there are not many options to bet on wrestling other than WWE. UFC betting, on the other hand, is very popular.
Esports
Gamers are the biggest consumers of esports betting and we know for a fact that there are plenty of gamers in Malaysia.
Pros & Cons of PayPal
PayPal is a reliable payment processor that encrypts your financial data, monitors transactions for fraud, and protects buyers from scams. Here are some of the pros and cons of using it:
Pluses
⚡ Speed: PayPal transactions are fast for deposits and withdrawals.
🕵️ Private: When using PayPal, you don’t need to share your personal banking details with the betting site.
🏪 Convenience: If you already have a PayPal account, you can easily connect it to your favorite sportsbooks.
🔐 Reliability: PayPal is a trustworthy payment service with a long history of safe and secure transactions.
Minuses
💳 Cannot deposit via credit/debit card.
👥 Using PayPal requires creating an additional account.
Alternatives to PayPal
PayPal is an excellent payment method. But what if you don’t have a PayPal account? Or, what if you simply don’t want to use it? We have some alternative options for you.
Neteller
Neteller is a gambling payment veteran. It’s been in business since the early 2000s and used to process more than 80% of gambling payments in the world. You can surely use it instead of PayPal.
Skrill
If Neteller doesn’t seem like a good option to you, you can for its sister, Skrill. Skrill betting sites are pretty abundant in Malaysia so take your pick.
Prepaid Cards
Prepaid options are valid for gambling payments all over the world and they happen to be very popular as well. You can try Paysafecard, Neosurf, and other local options.
Yes, PayPal is available in Malaysia with all of its service components.
We’ve seen bookmakers restricting particular payment methods from qualifying for a bonus. PayPal is not a common restriction but it’s very much possible.
Yes, you can access and use your PayPal account from every device imaginable. PayPal even offers apps for iOS and Android users.
Just like all other e-wallets in the world, PayPal processes your payments instantly. It’s the online betting sites that take up to 48 hours to process your requests.
For online purchases, there are no fees. Deposits at betting sites in Malaysia are considered online purchases too. So, you won’t have to pay any fees. However, transferring the funds from your bank account to PayPal and vice versa will incur some fees. You can check the “fees” page for a detailed breakdown.
Like many aspiring writers, Jarin focuses on bringing life to the text for her readers. She is an avid sports lover, growing up in a family obsessed with bookies. She is an expert in the iGaming niche and has secondary obsessions with Gardening and cooking.