Paypal Online Casino Sites
PayPal is one of the most widely used online payment methods available. If you are unaware of what PayPal is, it is a payment system that is used for making online and mobile purchases on a multitude of websites and online stores. All a user requires to make a payment via PayPal is an email address, as well as a credit card or normal bank account, which has been linked to their PayPal account in order to transfer money to and from the account.
PayPal was established in 1998 and was one of the frontrunners in online payment systems. In 2002, EBay recognised the potential of PayPal and took over the company. As of 2014, PayPal was active in more than 193 countries around the world, with a whopping 143 million users sending, receiving and holding onto funds in PayPal accounts.
One of the reasons PayPal is so popular is due to the fact it is free to open an account and free to use for the consumer. However if you sell goods or services using PayPal you will be charged a seller’s fee.
Another reason this digital method of payment is so popular and widely used, is due to it being such as safe and secure payment methods. This is because payments do not go directly from a user’s credit card or bank account. Instead, they are made directly through PayPal which does not disclose important banking data. Only the email address of the user is required. Consequently, valuable bank account information is kept hidden from third parties at all times.
Using PayPal at casino sites
Some casino sites are now accepting PayPal to enable users to make deposits into their casino accounts and to withdraw funds they may have won on the site into a bank account.
It is extremely easy to make a deposit into a casino site using PayPal. Users simply have to head to the site’s payments page where they will see a list of payment options. They should select PayPal as the option of payment. When they have entered the sum they would like to transfer into their casino account, an additional ‘pop up’ page will appear on their screen. This extra window enables players to log into their PayPal account, using the email address and password they have associated with their PayPal account. Follow a few simple instructions and then the required funds will be transferred into your casino account via PayPal.
What about withdrawals?
You can also withdraw money from an online casino into a PayPal account in a similar method used to make deposits. Simply head to the withdrawals page on the online casino, select PayPal as the method you would like to make the withdrawal with. A pop up window will appear on the screen, which will need to be filled out. After which the funds should arrive in your PayPal account almost instantly.
What are the benefits of using PayPal on casino sites?
There is a number of benefits of using this method of payment on casino sites.
Safe and secure
One of the principle benefits is the fact that PayPal is safe and secure. The company has a credible European banking license, which means that the services it provides adhere to the highest security levels associated with online banking and transactions. Consequently, PayPal is one of the safest forms of digital payment systems in existence.
Another great advantage of using PayPal is due to the fact it is such a fast method of payment. In fact payments are made and transferred almost instantly via PayPal.
Augmenting the safety of the site is the fact that payments made via PayPal are carried out in almost complete anonymity, apart from the user’s email address being revealed. This means users are much less likely to be victims of online payment and identity fraud.
As mentioned above, PayPal is free for the end-user, the consumer, meaning you won’t be required to pay an additional fee when making a deposit or withdrawing money into a PayPal account from an online casino.
PayPal is extremely user-friendly. In fact as soon as you have successfully registered with PayPal, the rest is as easy as ‘ABC’!
Are there any downsides of using PayPal at casino sites?
The disadvantages of using PayPal are pretty few and far between and the only things that may put potential users off is the fact they are required to open an account in order to use the system. Though having said that, opening a PayPal account doesn’t take long at all and can be done in a few minutes.
The other disadvantage is that not every online casino accepts PayPal as a method of payment, meaning users are limited to which online casinos they can use.
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