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PayPal is one of the most popular payment methods for online casino players around the world. PayPal is a popular payment method for many people doing transactions online such as online shopping and trading.
Many players therefore already have a PayPal account which they use for other online transactions and it easy for them to perform their transactions with an online casino using this same PayPal account.
Since PayPal is such a popular and widely used form of online transactions, the majority of online casinos do provide this payment method.
PayPal hit the scene in the year 1999 and was officially launched by the year 2000. This means that PayPal was one of the first and original E-wallet services, long before most people even knew what an E-wallet service was.
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Since they were one of the original E-wallet services and have been around for almost 17 years, PayPal has stood the test of time and has been proven to be safe and reliable by many online casino players worldwide. PayPal is definitely a reliable, secure and speedy payment method favoured by many players, and is a reputable payment method which you can trust.
Many players from all around the world are able to utilise PayPal as their payment method of choice because PayPal accepts over 22 different currencies. This large selection of currency options makes the PayPal service available to a wider range of international players. This is clear to see when you consider the fact that PayPal is used by online casino players in more than 175 countries around the globe. A payment method with such a high amount of popularity is a payment method which you can trust.
How does PayPal work?
In order to use the PayPal E-wallet services at an online casino, you first need to register a PayPal account. Of course you will also need to register an account with your online casino of choice, but by selecting to perform transactions through PayPal, you select to share your personal information with PayPal only and not the online casino.
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In order to open an account with PayPal, navigate to the PayPal website and follow the instructions to open an account. You will need to provide your personal information such as your banking details in order to open your account. The advantage here is that you only need to share your personal details with PayPal, a reputable and trustworthy payment portal, as opposed to having to share your personal details with online casinos which can sometimes go wrong if the casino is not reputable or if it happens to be a rogue online casino.Rogue online casinos are those who claim to provide an online gambling service but who do not follow through with these promises once you have entered your banking details. Often, your banking details are shared with third parties and given out to the wrong hands. These issues can be avoided by using a trusted E-wallet service such as PayPal.
Once you have opened your PayPal account, simply deposit funds into your PayPal account using any other payment method of your choice. Once your PayPal account has been loaded with funds, you are then able to transfer these funds from your PayPal account into your online casino player account in order to start playing. Withdrawals work in a similar way; all you need to do is accept the transfer being made into your PayPal account, and once you have received the transfer, you can either keep the funds in your PayPal account for later use, or you can transfer the funds into your bank account.
Advantages of using PayPal?
PayPal is a highly secure payment portal that you can certainly trust. The chances of facing fraud or security issues with PayPal are very low, which makes this payment method a good and safe choice.
PayPal also has a mobile app that allows players to safely make transactions online using their mobile phones, and since so many players use their mobile phones to gamble these days, having a secure mobile payment portal is highly advantageous and necessary. Another great advantage is not having to share your personal details with the online casinos you choose to play at.
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PayPal is the most popular e-wallet in the world, as millions of people use this payment service to shop online, transfer funds and even order food. It is also a great banking option at online casinos, and we are starting to see more and more gaming sites providing players with the chance to use this e-wallet to fund their accounts.
There are plenty of good reasons to deposit and withdraw at your chosen online casino using PayPal. From fast processing times to additional security, PayPal offers up various benefits that will only service to enhance your online gaming experience.
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Benefits of Using PayPal at Casinos
When it comes to depositing at online casinos, using an e-wallet is one of the best options. They allow you make safe and secure payments without having to share any of your personal information. Even though you can rest assured that online casinos utilise the most sophisticated encryption to keep your details safe, some players want that extra bit of security – and, this is where e-wallets like PayPal come in.
Your PayPal account is linked to an email account, and that is the only information that you have to share with a casino when you make a deposit. All of bank details are stored with PayPal, who will fund your casino account as a middle-man.
One of the best things about using this service is that most people already have a PayPal account, as there are over 227 million users worldwide. So, if you want to benefit from all of the perks that PayPal has to offer, it is likely that you already have an account. You don’t have to go out of your way to sign for Skrill or entropay account; the same payment service you use to shop on popular sites like eBay can be used to fund your online casino account. As such, it is one of the most convenient ways to conduct safe and secure banking while gaming online.
Casino Deposits Using PayPal
To make a deposit at a casino using PayPal, it works just like any other banking method. You enter the amount of money that you want to deposit and click PayPal as the funding method that you prefer to use. You’ll then be taken to a PayPal login page where you will enter your PayPal email address and password.
Then, your account will be credited with your deposit bonus immediately. There is no need to enter your banking details, so you don’t have to worry about any information being compromised.
Casino Withdrawals Using PayPal
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When you want to withdraw from your casino account using PayPal, the process is just as easy as making a deposit. Visit your Account page and enter the amount of money that you want to withdraw. Click on PayPal as your chosen withdrawal option, and you’ll be taken to the same PayPal login page.
Processing times vary between different casinos and deposit options. Generally, you will have to wait between three and five days for credit cards and debit cards, up to a week for bank transfers and just 24 hours for e-wallets.
Then, once the money is in your PayPal account, you will have to wait on the service’s own processing period. This can range anywhere from two hours to three days. Still, when compared to the other banking options, PayPal and other e-wallets tend to be quickest withdrawal options.
Can I Get a Casino Bonus Using PayPal?
The great news is that you can claim all sorts of generous casino bonuses when depositing with PayPal. In the terms and conditions of every online casino bonus, you will find which deposit methods can and cannot be used with the promotion. Neteller and Skrill seem to be the only banking options that are not compatible with certain bonuses, so you’re usually in the clear when using PayPal.
When a match bonus or free spins offer is available, players are normally required to deposit $10 or more. More often than not, PayPal is an eligible deposit method. So, once you make that deposit (using the required bonus code if necessary), then you’ll have a generous bonus in your account to play great casino games.
What Casinos Accept PayPal?
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There was a time when PayPal dropped out of the online gaming market. This period only lasted for a couple of a years, but PayPal is making its re-entry. As such, you will find PayPal is not offered widely in the online casino world. There are still dozens of sites that allow players to deposit into their casino account with PayPal, but this is normally limited to the bigger names in the market.
So, if using PayPal is one of your main criteria when choosing an online casino, it is important that you make it a priority to research banking information for each site on your shortlist. Pick the best sites that offer PayPal, and be sure to make note of their minimum and maximum deposit requirements to ensure that they fit your specific gaming tastes.
PayPal continues to become increasingly popular among online casino players. You’ll find more and more gaming sites that accept this e-wallet, allowing you to add an extra layer of security when playing your favourite casino games online, as well as providing you with quick turnaround times when making withdrawals. Banking at an online casino using PayPal is an easy process, and you can even claim some fantastic bonuses while you’re at it.