Why is PayPal good for Online Casinos?

PayPal has made a reputation as one of the leading names in electronic E-Wallet deposit services worldwide. It has proven popular for many functions, be it online gaming, retail shopping or transferring money. PayPal is completely free to use to make payments online and in recent years it has become very popular as a depositing method at online casino sites in countries outside of the United States.

Some of the benefits of using PayPal

• When you use PayPal as an E-Wallet at an online casino, your transactions will be instantaneous, whether you’re depositing or cashing in your winnings.
• You don’t have to wait for days to send money to or from your account, instead you can enjoy your favourite games immediately safe in the knowledge that you can get your winnings straight away!
• Using PayPal you can transfer your winnings to a preferred credit card assigned to your account, to your bank account, or with the PayPal debit card you can use your winnings at any online or land location that accepts MasterCard.
• By using PayPal you won’t have to give any private information to the online casinos, meaning you can get your prize money quick, easy and secure!
• As there are no monthly fees you should pay to maintain your PayPal account, no setup fees, and no gateway fees, PayPal is a convenient banking method you can use at online casinos.
• Besides, it is completely secure and all you have to provide the gaming venue with is your email.

How to make Deposits and Withdrawals with PayPal?

Making PayPal deposits at an online casino is easy. Once you have set up your PayPal account and linked your email with your bank account, credit or debit card, you should go to the cashier’s, choose PayPal as a preferred payment option and submit the amount you want to send to your casino account. Besides, you should provide your email and you will be taken to your PayPal account where you are supposed to complete the payment procedure. If you have ever used PayPal for online payments, you will easily figure out how to fund your account.

Processing PayPal withdrawals functions the same way. Check out the minimum and maximum amounts you can clear from your casino account and select PayPal from supported withdrawal options. Enter the sum you want to cash out, provide your email and follow the simple steps to finish the procedure.

Points to remember with your PayPal Account

PayPal allows you to make payments using a variety of methods including: PayPal Cash or PayPal Cash Plus account balance, a bank account, PayPal Credit, debit or credit cards, and rewards balance.

You can choose any of the payment methods in your account with PayPal as your preferred payment method in the Payments section of your account settings. If you select a preferred payment method, it will be shown as the preferred payment method when you make a purchase online, in-store, or when you send money via goods and services.

You can select different preferred payment methods for online transactions and in-store transactions.

If you choose an in-store preferred payment method and do not have any money in your PayPal Cash or Paypal Cash Plus account balance, your preferred payment method will be used for your entire purchase.

If no preferred payment method, it’s still your choice

There may be times when your preferred payment method cannot be used. For example, if you select a credit card as your preferred payment method and the card has expired, you will not be able to pay with that card. Also, the availability of certain payment methods may be limited based on a particular seller or the third-party website you are using to complete the transaction.

If you have not selected a preferred payment method, or your preferred payment method is unavailable, PayPal will show you available payment methods, including the payment method you use most often or most recently, at the time of transaction. You can also click on the “Manage” link to see all of your available payment methods, or add a new one, and select a payment method during the transaction.

Fees & Timeframes

When transferring your funds via PayPal you won’t be charged any additional fee by the casino in most cases. However, PayPal reserves the right to charge fees. Making deposits via PayPal is free of charge while withdrawal fees vary depending on the country you are coming from. You should be aware of the fact that you can withdraw your funds only via a bank account (free of charge) or via a Visa card, and the latter is more convenient option as it allows users from all around the world to receive payments. When using PayPal your money will be instantly processed and available on your account.

Why Use PayPal

If PayPal is supported by the online casino you play at, you should consider using PayPal as it is a fast and reliable payment method which allows you to move your money in a secure and easy way. As you provide the online casino only with your email address, you don’t have to share any of your financial details with the online gaming operator which means that you don’t have to worry about cyber threats or identity fraud. The PayPal online casinos listed with us allow you to make both deposits and withdrawals via this payment method and they will be instant and free of additional costs.