Most, if not all online casinos provide players with a variety of payment options. Apart from the usual choice of debit and credit card, there is the alternative of using PayPal. If you have ever interacted with an e-commerce site, then you understand the importance of having a secure payment platform. With PayPal, you get the convenience of fast transactions and great anonymity. For online gambling, this is the best system to use for payments.
When searching for casinos, check if their site bears the PayPal logo on their payment page. This means you get a secure gaming environment under a licensed vendor. Making a payment with an e-wallet is straightforward. There are no complicated procedures and paperwork accustomed to bank transfers. For any gambler, privacy is key – with PayPal, your online activity isn’t shown on your bank details, and there is no monthly fee to keep your account active.
- Fees: 4.2%
- Deposit: $10
- Cash-out: yes
- Overall Rating: 8/10
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HOW TO DEPOSIT AND WITHDRAW YOUR WINNINGS FROM PAYPAL CASINOS
Before transferring money to Paypal, you will need to link a bank account with your Paypal account. Whether this will be possible will depend on your country. After a few days, you will need to confirm that account. After your bank account is linked, you can transfer money from the account to Paypal. If it is not possible to link a bank account, you can use Paypal My Cash. Then head to your online casino site of choice and find the banking section. Here you will be able to use PayPal and make a deposit.
To make a withdrawal: Go to your account. Under balance, click withdraw funds. $10 is the lowest amount you can withdraw. For bank transfers, click on transfer to the bank. This usually takes 3-5 days for the payment to reflect. Under balance, click withdraw funds. Enter the details required to complete the process. With these simple steps, you will have completed your deposit as well as withdrawal from Paypal casinos.
HOW TO WITHDRAW YOUR WINNINGS
- Under balance, click withdraw funds. Enter the details required to complete the process.
- If sending to another PayPal account, it should be instant or within 24 hours.
FEES CHARGED WHEN USING PAYPAL
Unlike other casino payment methods where you have to pay additional fees for deposits, you do not have to worry about that anymore. One of the advantages of using an e-wallet system is the convenience of not incurring unnecessary charges. However, transfer charges apply depending on the platform you use. Some casinos will have you pay a withdrawal fee, while others will not. Know the terms and conditions at your casino before you perform any transaction.
In the end, PayPal is more economical to use than any other payment methods. You never have to spend your money to pay a cancellation or annual fees. In case they revise their fees or policy, you will receive a prior notice to help you make the necessary arrangements. For online gamblers, it is a perfect platform as you can conduct your transactions instantly with zero paperwork. Say goodbye to long bank queues and slow transactions.
THE SECURITY OF PAYPAL FOR ONLINE GAMING
There is a reason why only top-tier casinos accommodate an e-wallet system – Only fully licensed casinos can use PayPal. Apart from that, PayPal has their own safety regulations that guarantee safe transactions. With SSL encryption, the platform is safe from external intrusion or attack. No one will have access to your credentials or bank details. You can link to your Mastercards/Visa cards or bank account with the guarantee that your account is safe.
Every legal casino has its own protection structure to safeguard the details of its users. On your part, make sure you only play casino games from a licensed vendor and only use a secure connection for all your transactions, and keep your login credentials private. You can never have a foolproof solution, but at least PayPal has put in the necessary security layers to ensure consumer protection. Their website encryption is enough to secure your data.
CUSTOMER SUPPORT FOR PAYPAL USERS
Providing professional customer service is important for any business. When dealing with financial transactions, you need the assurance that you can get assistance when required. PayPal has put in measures to provide prompt assistance and feedback to users. They have a call support line you can use to get in touch with their team. Depending on the issue at hand, you can get instant feedback, or they will engage you further via email.
Apart from their contact centre, you can reach the company’s support team on social media. They have an active platform, which serves as a great avenue to receive help. Any issue you might have with your account or payment will be resolved quickly. The only exception is a fraud case. One issue with their service is it tends to be slower during the weekend. Other than that, their customer support is satisfactory.
MAKING A DEPOSIT INTO YOUR PAYPAL
First, you need to have a PayPal account to add funds. Opening an account is a simple process that takes only a few minutes. If you do not have one, proceed to PayPal’s website and open one. You can link your account to your visa or debit card. Once your account is set up, you can enjoy the convenience of adding money to your casino account or a bank transfer.
The fastest way to load money into your e-wallet is through a bank transfer. Once you link your debit or visa card, you can transfer funds from your bank to your e-wallet. With the money in your PayPal, it is easy to transfer money into your casino account to pay for games. If you have a problem with making deposits to your account, you can get in touch with PayPal for assistance.
As you can see, PayPal is a great platform for gamblers. You get swift withdrawals, anonymity, and free deposits. With the added benefit of a layer of protection to secure your details and identity. There is no point of incurring additional expenses to make a transaction when all you need is an e-wallet account. Apart from paying for your online games, you can use the same account to shop online and make payments.