Learn all about PayPal and Online Casinos that accept it as a payment method for deposits and withdrawals. PayPal is the most trusted and reliable ewallet service in the world.
PayPal is the most trusted and reliable ewallet service in the world. With more than 100 million members, PayPal allows you to transfer money to and from any accounts online. Because they come with very strict policies, they keep all their members 100% safe from any third part activity. Many different online casinos accept PayPal as a payment method and the numbers are growing every day.
Who is PayPal?
PayPal is an online financial service provider which was founded in San Jose of California, in the year of 1998. When talking about online payment methods, PayPal should automatically come to mind as one of the top entities relating to the internet banking front. Not many online banking service providers can claim over 20 awards for excellence from the business world and internet industry alike.
This online financial service provider has even been awarded the 2006 Webby Award for Best Financial Services Site and the 2006 Webby People’s Voice Award for Best Financial Services Site. An accomplishment that obviously hints at the quality that not many can claim or even achieve.
PayPal offers safe and easy payments online, whether sending or receiving funds. Sure, services have placed PayPal in high esteem by more than 188 million account holders worldwide, stretching well over 199 countries and in currencies to match. 25 currencies to be specific, covering most if not all the main or more popular currencies.
With them, you have the flexibility to navigate the world’s markets made possible once again by the web network, numerous languages and multiple currencies.
Why use PayPal?
Skip all the complications with this service. It enables users’ online payments and even payments made through your smart devices to websites, personal individuals, small to mega businesses and shops/stores. All that is required of the users are the following; an email address in addition to a conventional bank account or credit card. PayPal is accepted by most online casinos for the popularity and simplicity of using this online financial service.
It is as simple as selecting the payment page on a casino website and opting for them as your payment preference. Then fill in an amount you want to transfer, follow the rest of the simple instructions and send! What’s more is that they are soon to be introduced to more Online casinos.
Why is PayPal so popular at Online Casinos?
PayPal is so popular because it has grown to become one the most trustworthy and fastest payment methods out there. There is little hassle involved and is really simple to use no matter your technological smarts. All you need to do is log into your PayPal account and add funds to it for it to be usable.
Also, funding your online casino account is as simple as choosing PayPal as your payment method and choosing how much you want to deposit. Even though there are a lot of different eWallets out there, PayPal tends to be everyone’s choice because its been around so long, they are extremely trustworthy.
Using PayPal at an Online Casino
If you want to make use of PayPal at an online casino and are not sure how to go about it, here is how you do it:
- Choose an online casino that accepts PayPal as a payment option. You can take a look at our top-rated PayPal casinos right here!
- Register your account at the casino and give them your details
- Make sure to see if the casino allows you to both deposit and withdraw using PayPal. If they only accept one of the two you need to decide if you want to continue at this casino and choose a different deposit or withdrawal method, or if you would prefer someone else.
- Make sure to check the minimum and maximum deposit amount at the online casino
- Look for PayPal under payment options and select how much you would like to deposit or withdraw
Advantages of using PayPal
The advantages of using PayPal are broad, but we’ll only review a few to save you time. There are several advantages including the fact that they are one of the safest ways of achieving online banking and implementing the highest security technology as required by the European Banking License legislation.
Payments are timely, meaning your recipients will receive funds instantly while you remain anonymous throughout the all-inclusive transaction process. The whole process is user-friendly and free of charge!
A summary of their advantages includes:
- Free Services
- Safety and Security when making payments
- Quick and Easy deposits and withdrawals
- Automatic Currency Conversion
- PayPal offers a mobile app as well
PayPal Deposits at Online Casinos
Making a deposit with PayPal at an Online Casino is really simple. You need to make sure the casino accepts PayPal and if they do all you need to do is create an account at the casino and use PayPal as your deposit method. When you find PayPal as your payment method you will be asked to log into your PayPal account.
By doing this you approve the casino to take the amount you have chosen off your account. As soon as this is done your account is credited. If you haven’t got enough funds on your PayPal account, you can actually ask PayPal just to charge your credit card.
Again, withdrawing with PayPal is really easy! All you need to do is give the online casino your PayPal username or email address. Some casinos do request verification documents, it depends on the online casino.
As soon as you have received your funds you can do with them what you like. Please note that when withdrawing from an online casino there is usually a waiting time. luckily, eWallets are the fastest withdrawal methods.
Features of a PayPal Casino
There isn’t really a casino that you can call a PayPal Casino. A PayPal casino just means that you can make use of PayPal at that casino. the casino accepts PayPal as a banking method!
Restricted PayPal Countries
There are a few countries out there that have restrictions and cannot make use of PayPal as a payment method. These mainly include India, Egypt, USA and Turkey. If you reside in these countries, you can make use of different ewallet services.