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.
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.