Nowadays, PayPal is not just a market leader in transferring money for the purchase of physical products, but the company has also evolved into a clear leader in the field of deposit and withdrawal of capital in the digital casino industry. This means you will not have any difficulty finding casinos that support PayPal online.
Having been established as a well-known brand in the past 18 years, PayPal has managed to create a strong and stable reputation for electronic money transfers from a company to a private account holder. From the outset, this global giant was called “Confinity”, and was primarily responsible for security programs for portable devices. It was not until 1999 that the company began to offer online payment solutions. A few years later, in 2002, the company was quickly acquired by eBay’s massive digital marketplace. This gave users the opportunity to buy virtually all types of products from retailers all over the world by a simple small click.
The most popular payment methods
First of all, we should figure out how payment methods work. Most commonly, card payments are. Most of us have already used a Visa or Mastercard to buy something online, and deposits to game accounts work the same as anywhere on the internet. You fill in his card information in a form on the casino website, then click “okey”. Bank transfers are made from the bank’s website. Transfer money from their bank account to the casino’s bank account, and then transfer them to the game account. A relatively new type of bank transfer is called direct bank. It works more like a card transaction in such a way that you transfer the money from your bank account directly to the game account.
Casino Payment MethodsElectronic Wallets act as intermediaries for spelling and bank accounts. The registration for a first time user takes only a few minutes. To transfer money from their bank or their card to the e-wallet, then you transfer money from there to the game account. The most common electronic wallets among Swedes are Skrill (former Moneybookers) and Neteller. Here you can read our detailed review of Neteller. These can both be used when buying thousands of online products and services, not just online casino like Paf.com, Karamba.com, Betway.com and more. When it’s time to make a Leo Vegas outlet, these methods obviously work well too. Coupons like Ukash and Paysafecard can be purchased at physical stores. You go to a retailer, such as 7eleven or Pressbyrån, and buy them the same way you buy money to their mobile phone with prepaid cards. Each coupon has a nineteen-digit code which you enter on the casino’s website to load the game account. It is valid for six months after the purchase date.
PayPal is a Safe & Secure E-wallet
The fact that 8 million people worldwide choose to use PayPal as a payment method when playing online casinos is a confirmation of the good reputation that the company has built over the years. The company’s well-tested service is perhaps the best reason to choose to play at one of the many PayPal Casinos available, as Paypal e-wallet enables both fast and easy payments. If you are unsure of the term e-wallet, let’s explain it to you. Innovative electronic wallets are the result of more and more people wishing to shop online, and the e-wallets make it possible to lock all credit card details and bank account information securely and safely online. The big advantage is that the company’s system means that you do not have to fill in your account or card information every time you want to make a purchase online. Therefore, when making electronic transfers to a PayPal Casino, you are guaranteed that no part of your personal information becomes visible to the counterparty except what you provide on your own. So what are you waiting for? Join a PayPal Casino today!
How do you make transactions with PayPal at Online Casinos
You will notice that it is easy and simple to make both deposits and withdrawals at online casinos through your PayPal account. While you can have a default PayPal account associated with your bank or credit card, you can choose a membership that also gives you a certain amount of credit. For this, of course, you need to provide the company with additional information to enable PayPal to approve your credit and link it to your account.
Deposits on PayPal Casino
Making deposits on your PayPal account is as easy and smooth as on a Neteller Casino and takes only a few seconds. The first step you need to take to use your PayPal account when you play online is to make a deposit to your PayPal account. If you do not already have an account, start by creating one through the company’s website, which is an easy and fast process. Once you have registered at one of the many PayPal Casinos found on our list, you only need to choose PayPal as the payment method on the casino website. In order to make a payment to your casino, you only need to transfer money from your PayPal account. Therefore, you need to make sure that the amount you choose to transfer is available on your PayPal account or on the bank or credit card that you associate with it. Once your transfer has gone through, you will receive a message confirming that your deposit was made without any problems.
Withdraw on PayPal Casino
Taking out your winnings with PayPal is neither difficult nor complicated. It is actually as smooth as withdrawal to regular bank accounts. All you have to do is visit the Casino Casino Outlet page and click a few buttons. On the casino’s payout page (usually referred to as “Deposits and withdrawals” or the like), select PayPal as the payment method, enter your PayPal information, and the amount you want to withdraw and then confirm the information with a single click.
How long does it take for the company to handle transactions?
Once you have chosen an online casino and made a deposit you will notice that the money you have chosen to transfer becomes available at the casino almost immediately. This allows you to start playing more or less immediately after the deposit. However, if you wish to withdraw your earnings, you will need to count one or two business days for the money to be available on the recipient account.
If you are a player with an IP address from the U.S. or Canada, you should remember that you can not withdraw your casino winnings into a PayPal account and then transfer the money to a regular U.S. or Canadian bank account. This issue stems from UIGEA, the “Unlawful Gambling Enforcement Act”.