PayPal has become an extremely popular payment method for players at online casinos in India. Boasting more than 100 million customers worldwide, it is the most widely used e-wallet. Below, we run through the processes of depositing and withdrawing funds at online casinos in India and address some of the most frequently asked questions.
PayPal is one of the most well-known payment systems. Most online casinos in India accept deposits and withdrawals via PayPal. This payment method is great for casino games such as blackjack, roulette and baccarat. Also, it is convenient for players who prefer to play slots.
Some of the best online casinos in India are defined by their authenticity and fair play. In order to use PayPal, you have to open up an account and you have to provide personal details – you will need to provide a proof of address as well as a copy of your passport and a recent utility bill or credit card statement. Players will have to add a credit card or debit card and they will have to verify their card details to fund their account.
Unlike bank transfers, which aren’t always reliable and quick, e-wallets such as PayPal comply with Reserve Bank of India (RBI) policies and adhere to strict standards for cross-border money transfers. This makes them a very creditable choice for online gambling transactions at online casinos in India.
E-wallets are renowned for their simplicity, and as far as PayPal is concerned, there are many reasons why they are accepted in Indian online casinos. As previously mentioned, setting up a basic account is straightforward, and the platform is free to use. Secondly, payments are regarded as being very safe and they are protected by both the casino and PayPal’s SSL certificate. Subsequently, it makes it easier to trace and keep hold of your transactions in one place.
Also, those signing up can access some of the most appealing welcome bonuses. With hundreds of Indian casinos accepting this payment method, players will be spoilt for choice as to where they can deposit their money.
Similarly, players can use the app to deposit funds. Simply go to the ‘Settings’ section and add your bank details. After following the steps, you will be directed to the page to confirm the deposit values and then you’ll be free to play as you wish.
Depositing funds using PayPal is instantaneous and most sites will have a minimum deposit requirement. Players can deposit their account using rupees, and the payment platform directly takes the amount from any linked card or bank account.
In order to withdraw casino winnings, players will have to meet withdrawal requirements. These requirements include making 20 smooth transactions without any dispute or claim as well as maintaining a good standing of your account for at least 60 days. Until then, there will be a pending note or ‘Money on Hold’ on your balance.
Once the requirements are met, you will receive your future payments usually within 24 hours. Withdrawals to your account are a breeze and can be achieved in a matter of minutes.
If you were to require any more information or would like to speak to someone about this directly, we recommend you contact PayPal directly via their website.