PayPal is one of the most popular methods for transferring money. Nowadays it is used by many people around the world for making and receiving payments. Due to the great popularity and the huge number of users, many online casinos included PayPal as a way of depositing and withdrawing funds.
Even though there are several payment systems that are used all over the world, still PayPal is the favourite of many. It is well-liked and has a recognizable logo. Since its beginnings, they’ve come a long way, by improving the service they offer. That is why now it is certain that there are at least two things that make them better than other providers: simplicity and ease.
The company was founded in 1998 and is one of the companies that nowadays has the highest profit. PayPal’s philosophy is to understand people and their everyday needs and meet those needs in the simplest, most creative and advanced way. Their vision is to save time when it comes to making payments. No one wants to waste time on payments unnecessarily, which is why PayPal guarantees that user experience and simplicity are always in the foreground, with a complex system, security and options in the background. The system is designed to be easy to use and a user-friendly place and it is no wonder that it has over 345 million users.
How does PayPal work
In order to be able to make a payment with PayPal, both the customer and the seller must have accounts. Your account will be linked with your bank card from where the money will be taken. Once you link your bank card to your PayPal account, you’re ready to use it.
Paypal has a simple payment system. When purchasing, just enter your login details or mobile number and PIN and pay. We recommend that you always use a good password, which may be difficult to remember, but is more secure.
In addition, PayPal has perfected the payment system to function optimally, with versions for mobile phones and tablets. The app and the mobile version are compatible with Android devices using Android version 5.0 and up and iOS devices running iOS version 10 and later. When shopping online it can be easily paid for and is available in a number of online stores. During its existence, the system gained a reputation for being boring, but very functional. However, in 2014, a completely new website was created, the system and interface got a new look, so it is now much more attractive to users.
What can you use PayPal for?
PayPal is a digital payment system that simplifies transactions. Once you register, it is simple to use and saves you a lot of time especially when purchasing online. You can use it to:
Shop and buy online
almost every website that you can find online uses PayPal. Especially for those offering services or selling goods. As providers of service, the online casinos started including PayPal in their list of payment methods, with only one goal, simplifying the customer’s experience. Instead of entering your payment details every time you want to make a purchase, simply choose the option to pay with your PayPal account and confirm it. You don’t need your card details, or any other additional information to have nearby. This is perfect if you are on the go and just simply forgot your card.
Send money securely
Another very good reason to open a PayPal account is that you can send money to anyone who has one. This is even easier now with the PayPal app. Once you register, you can download the app. In your PayPal phonebook, you will have all your contacts that have accounts, and you just choose the one you want to send money to and add the amount. It takes literally one minute.
If you don’t really want to download the app, you can also send money using the desktop version. Log in to your account and choose “send payments”. Then, just enter the email of the person you want to send money to and add the amount. Again, it takes one minute and the transaction is processed immediately.
Receive money
People can send money to your PayPal account the same way as explained above. Or, to make it more simple you can share with them your PayPal.me link or QR code.
PayPal.me is your own unique link that you can create and share with people that need to send you money. That way, they don’t even need your email address or phone to do it.
Get paid by customers
In case you are selling something or offering a service online, you can use PayPal to receive payments. Customers can make the payment using your contact details, email or using the PayPal.me link. You will have the option to generate invoices and send them to your customers. Managing your cash flows is easy especially if you download the app.
Online casino deposit and withdrawal with PayPal
To deposit money using PayPal to your online casino account, simply choose the “deposit” option and choose the preferred method. Add the amount and the transfer will be processed right away. There are no delays, so you can deposit and start playing right away. The minimum amounts that you can deposit with this method vary from casino to casino. However, we noticed that most often, the minimum amount is 10 euros, which is pretty low compared to some other payment methods that have a minimum of 50 euros.
Regarding withdrawals, choose the “withdrawal” option on your online casino account. Insert the amount you want to withdraw and choose the preferred method, which in this case would be PayPal. Make sure that the amount you enter is between the minimum and maximum limit that the casino offers. Once you enter your account details, the withdrawal process starts. It usually can take up to a few hours, due to the casino’s processing time and time to clear through PayPal.
PayPal Security
PayPal is completely safe to use and has a policy of protecting the buyers and the sellers. For sure boasts a high level of trust with its customers.
First, when paying with PayPal you don’t enter your bank details or any information other than your account logins or PIN. Therefore, the online store does not have your details in its database. Same for the online casino. They won’t have any of your details apart from your PayPal account information.
Second, PayPal offers fraud prevention for both sellers and buyers. They have Buyer Protection which protects the customer in case of any problem. If an item doesn’t arrive or is not as described, they will help the customer get a full refund. In addition, they have also Seller Protection that protects the sellers from being scammed. For example, if the seller provides proof that the item was sent, and the buyer claims that didn’t receive it, the seller gets to keep the full payment.
Finally, PayPal uses SSL encryption to keep your financial information and to make sure that the data between your browser and their servers are secure. They also encrypt the data in transit and your data stored on their servers.
PayPal Fees
Opening a PayPal account is free and anyone over 18 can open one, as long as they have a bank card to link it to. When it comes to personal accounts, most of the services are free of charge, except when you receive money from another country.
For starters, you can expect free of charge deposit to an online casino using PayPal. But, be aware that exchange fees may apply if your account is in one currency while the casino’s account is in another. Usually, there are no fees for customers, but just in case, it is always a good idea to check. Every casino has this information on its site. In case you are not sure or can’t find it, you can always contact customer support.
How to get started with PayPal
If you do not have a PayPal account, it is easy to open one. Just follow the guidelines below.
- Go to PayPal.com
- Click “Sign up for free”
- Choose whether you want a Personal or Business account
- Choose a country (in the left right-hand corner) and enter your mobile number
- You will receive an SMS with a code that you will need to enter
- Fill in the Registration form with your personal details and create a password for the account
- Once done, click Agree and Create Account
- The final thing you will need to do is to enter your bank card details so you can link it to your PayPal account.
Recommended casinos that use PayPal
If you have decided to open an account with PayPal and use it to deposit money to an online casino, below we recommend you few casinos that have that option. One thing we would advise you to check is whether the casino you choose offers bonuses if a deposit is made with PayPal. The reason is that sometimes some casinos exclude some payment options from their bonus offers.
10Bet Casino – offers PayPal as one of the available payment methods. There are no fees for depositing or withdrawing. The minimum deposit amount is 10 euros and the transfer is processed immediately.
Bet365 Casino – another casino we recommend that is using PayPal for depositing and withdrawing. Again, no fees are charged for the transaction and transfer is processed immediately. The minimum deposit amount if you are using PayPal is 15 euros.
Betway Casino – we also recommend it for users that want to use PayPal as a payment method. The minimum deposit is 10 euros, no fees are applied for depositing or withdrawing and the transaction is processed immediately.
William Hill Casino – offers its customers the option to deposit and withdraw money via PayPal. Transactions are processed immediately with no additional fees. The minimum amount for the deposit is 10 euros.
