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PayPal is an online payment system that was launched back in the late 1990s. It has rapidly grown in popularity thus becoming one of the most commonly used e-wallets. The system is used in diverse business sectors, and the online casino industry is no exception. PayPal is one of the best methods of carrying out transactions with your online casino. It is cheap, fast, and convenient to use making it an ideal payment method for punters.
This payment method is one of the simplest e-wallets to use to make deposits. This is how you can do it:
- Open an account. First and foremost, you should open a PayPal account and fund it using your debit or credit card. However, if you have an existing account, you can use it at your casino.
- Choose the casino. Then, you can choose your preferred casino that accepts this e-wallet for transactions. There are numerous online casinos that welcome it, but not all of them are trusted and reputable. You should check out the casino reviews and ensure that you select the best. The top casinos will offer an abundance of games and an exceptional user experience comprising of superb customer service and excellent functionality with a range of devices.
- Choose the right deposit method from the casino’s cashier. Once you have chosen the best, sign up/register an account and go to the cashier section. You can then navigate to the deposit section and choose PayPal as your preferred method.
- Fund your account. Next, you will be required to insert the amount of cash you would like to deposit and your account details. Then, you can submit, and the funds will be available in your online casino within a few minutes.
Online casino PayPal withdrawal is just as easy as the process of depositing cash. You will just go to withdrawals section, select it as your preferred method, enter the amount to withdraw, submit your account details and you are done. However, withdrawals are not as quick as the deposits. There are withdrawal times which depend on the casino. They can be as fast as one or two hours but can take up to four to seven days in others.
Casino sites that accept PayPal have bonuses and promotions for its users. Many casinos offer a PayPal deposit bonus in addition to the normal welcome bonus for all players. These bonuses are exclusive to users and have favourable terms and conditions that make them cashable. You can get a PayPal bonus of between 5% and 30% depending on the casino.
Furthermore, all casinos have deposit bonuses for their new and existing players. You will always be eligible for these bonuses if you make your deposits using this method. Thus, you can never go wrong with this e-wallet, it will always lead to rewards.
Pros of the Payment Method
PayPal is one of the most popular payment methods used in online casinos. What makes it so popular?
PP is among the fastest deposit and withdrawal methods. Its deposits are processed instantly thus enabling you to start gambling immediately. Withdrawals are also quite fast compared to other methods. Some of the most prominent casinos can process your withdrawals in one to two hours.
PayPal transactions have negligible fees. First, it is absolutely free of charge to open a PP account. Most PayPal casinos in the UK have no transaction charges for both deposits and withdrawals. The ones that have fees are usually as low as 1-2% of the transacted amount.
This payment system uses top-notch technology to make its transactions impossible to hack. The method is also highly reputable thus trusted by many clients worldwide. You are assured of safety when using this e-wallet as long as you keep your account details private.
Accepted by Many Casinos
There are numerous casinos that accept PayPal deposits and withdrawals. Hence, you will have a massive variety to choose from.
These are the main pros of using PayPal in online casinos. They certainly show why it is worth choosing.
Which Countries Accept It?
PayPal has been in existence for over two decades, and this has enabled it to earn the trust of gamblers and regulatory bodies in various jurisdictions. It operates in more than 190 countries worldwide. Actually, there are less than thirty countries that restrict PP transactions completely. This shows that it is likely to be accepted in your area of residence.
PayPal is a globally accepted e-wallet that is widely used in the online casino industry. It facilitates fast, cheap, and secure transactions between punters and online casinos. This is certainly a method worth using in online casinos.