PayPal Deposit Method
PayPal was launched in California in 1998. Since then it has become one of the leading online payment services in the world and is considered one of the first successful e-wallets worldwide. It is used in 190 countries and in 25 different currencies.
The user has a virtual account and his identity is defined by e-mail address. There is no account number and PayPal does not take over the function of a trustee, only the payment processing is taken over.
The payment service is considered safe. It provides real buyer protection, which is especially important in the world of online gaming. Customers who have their account linked to their bank account or credit card do not even have to recharge the account. When paying, money is simply debited from the reference account via direct debit.
How does PayPal work?
PayPal acts as a third party between your chosen payment method, such as your checking account and the payee. If your checking account is registered and verified at PayPal, you can make a payment with PayPal at the online casino cash register without having to enter your bank details directly. All you need to do is login to your PayPal account. The money is now available to you after a few moments for real money game in the casino.
Are online casino payments accepted?
PayPal Casinos allow online payments without any obstacles. Although the payment method is not yet accepted in all online casinos, more and more Internet casinos offer PayPal as deposit and withdrawal option for their customers.
Can you use it safely?
With this american payment service, you do not have to worry about the security of your online payments. The provider works with particularly secure encryption technology to protect your bank data from hacker attacks. In addition, PayPal allows you to make online casino deposits without having to deposit your bank details with the casino provider.
How can you withdraw profits?
At the same time, PayPal casinos also offer the option of withdrawing winnings from the casino account to your bank -or credit card account linked to PayPal. There is a charge of 0.35 Euro and 1.9% of the total amount. The transfer of the prize takes 1-5 working days depending on the casino and its account verification process.
How is PayPal compared with similar offers?
PayPal is most likely to be compared to an e-wallet such as Neteller or Skrill, since you are also offered the option to pre-charge your account in order to then pay online with the credit. More common is that PayPal is used as a mere money transfer service provider.
An advantage over other e-wallets is that you can make the payment directly with PayPal, without having to transfer money into your account before. This will save you time and can start immediately with the online casino real money game.