Founded in 1998, PayPal is one of the leading electronic payment methods in the world. It was first called Confinity but rebranded and changed its name to PayPal in 2001. With over 250 million users from more than 200 countries globally, many people including gamblers prefer using the payment method for sending and receiving money. Throughout this guide, our experts will take you through how to use PayPal at online casinos. We'll explain step-by-step the process of creating a PayPal account as well as the fees that are charged by the payment operator. You can learn about casino bonuses on cashmoney-onlinecasino.co
Setting Up a PayPal Account and Using it at Online Casinos
PayPal is a fast and secure method of payment. But before you can start using the method at online casinos, you need to create a PayPal account. To do this, visit Paypal website and click on the "Sign Up for Free" button. You'll instantly be redirected to the registration form of the payment provider. Here, you'll be required to provide your phone number, name, email address, country and several others. After filling the registration form with your correct details and agreeing to the terms and conditions of the payment operator, you will receive an activation link via the email you provided to use in activating your account
Once your PayPal account is set up and functional, you can then proceed to add money to it using one of the methods the provider supports. To deposit money into your PayPal casino account, click on the "Deposit" button which is usually in the "My Account" section. You will immediately be taken to the casino's cashier page where you'll see all the deposit methods the operator support. Here, choose PayPal as your deposit method and enter your deposit amount in the provided space. You will be redirected to your Paypal account where you need to authorize the payment.
- Domestic payments via PayPal comes with a 3.4% standard fee whole international payments incur 4.4% standard fee
- Some casinos may charge a fee for processing deposits or withdrawals via PayPal
Withdrawals at PayPal casinos follow a similar procedure as with deposit. In your "My Account" section, click on the "Withdraw" option. After that, select PayPal as your preferred method of withdrawal and enter the amount you wish to cash out from your casino balance. You also have to provide the email linked to your PayPal account as this is what the casino will use to process the withdrawal. In terms of processing speed, transactions via PayPal are processed quickly. In most cases, deposits are processed instantly. However, withdrawal may take a few hours at some online casinos and sports betting website.
The Best PayPal Casinos
So far, this article has explained how to set up a PayPal account and use it for deposits and withdrawals at online casinos. In this section, we'll take you through how to select the best PayPal casinos to join. The first and probably most important thing you must check when it comes to choosing a Paypal casino is the licence that the casino operates with. Every legitimate online casino is licensed and regulated by a gambling commission such as the UKGC, GGC and MGA. So you want to check and confirm if the particular gambling site you are about to join is operating legally.
Besides checking the licence of the casino, another essential thing to consider is the games selection. After all, the main reason for joining an online casino is to enjoy a wide range of games and stand a chance to win money. Thus, we recommend that you should check the lobby of the gambling site and see the games provided. The best PayPal casinos offer players different kinds of video slots, instant win games, table games, speciality games and live dealer games. It is also necessary that you check the bonuses offered as well as the customer support of the casino.