What Advantages Do You Get When You Pay for Casino Services via PayPal?

PayPal is an electronic payment system through which customers can pay bills and purchases, renegotiate funds, beat the odds and make withdrawals. As of 2017, it is available in 202 countries, has more than 200 million registered users and works with 25 national currencies.

📌 Development History

PayPal was founded in March 1998 following the merger between Confinity and X.com. From 2002 to 2015, the company was a division of eBay Corporation, operating in 190 countries and using 24 types of world currencies. In 2015, it launched PayPal.me, through which customers set up separate pages to accept payments. Two years later, the company bought out Swift Financial Corporation, specializing in online lending to small businesses in the US. This acquisition allowed the issuer to steal up to $500,000 and use the firm’s data to make loans to new customers.

In August 2017, PayPal announced a partnership with UK technology status Things, which handles payments for help. Users were able to make financial transactions and receive information using QR codes, NFC and Bluetooth by sticking to their phones.

📌 PayPal casino characteristics

The main setting of PayPal is the use of real money. Most electronic payment systems are defined by various titles, do not work with real money, and do not allow participation in auctions on eBay and PayPal. With PayPal, a credit card or bank account is linked to the customer’s account, so all these services become available.

You can open an account with Paypal in 25 currencies, in case of a transfer the conversion is automatic, with a 2.5% fee.

The minimum transfer amount is one dollar. Limits can be extended to a single payment and a lunar turnover.

All terms and conditions of using PayPal at online casinos can be found on the official website.

📌 Registration stages

The PayPal payment system ensures that customers are well protected, which is why it provides for mandatory registration.

What Advantages Do You Get When You Pay for Casino Services via PayPal? | PayPal Registration stages

Go to the company’s official website, select the country in the bottom right corner and click “Register”.

Enter your email revelation and choose “personal account” which you can use to pay for your purchases in foreign online shops.

Enter e-mail address, password, language, first name, surname, date of birth, nationality, revelation and mobile phone number.

Enter your bank card number, expiration date and CVV/CVC code. It is important that the card has money on it, as one dollar will be deducted during registration. Once the administration verifies that the card is valid, the money will be returned to the account.

Confirm the account by following the link in the email or by entering the code from the email.

✅ Advantages of PayPal Casino

Here are some of the features of the system that make it one of the best payment processors:

  1. Easy payment. Depositing money at an online casino can be done with your phone. Players can load their accounts and start spinning the reels with just a few clicks. There is no need to fill in your card details on the gaming site, so the security level is higher.
  2. Fast payouts. Deposits and withdrawals are instant on the system.
  3. High deposit limits. Casinos with PayPal are usually chosen by high turnover players who prefer faster payment methods. The exact amount of transactions can vary depending on the high-stakes online casino.
  4. Protection. A two-factor payment step is used to protect the player’s money.

This company has the strictest standards that casino operators must meet, so not all casinos offer PayPal.

❌ Disadvantages of casinos with PayPal

PayPal users rarely run into problems. The payment service is convenient and easy, registration is simple, and so transfers. Sometimes there are verification issues where you have to send additional documents to verify your identity or add a photo of a receipt to confirm your address.

Disadvantages of playing at casinos that support PayPal payments also include:

  1. Small selection of casino sites with PayPal. If you have a PayPal account, you can visit the relevant section for a list of available real money casinos. These are licensed establishments that accept payments through this system.
  2. Commission. It is from 0.4 to 1.5% of the payment amount. If you make a simple transfer from a bank card linked to your PayPal account, the fee is 3.4%.

Many also draw attention to how expensive it is to regain access to the wallet in the event of password loss. The addition of a currency card is challenging. For help setting the correct currency on the card, get in touch with PayPal’s support team. This requires time.

📌 Additional benefits of PayPal

PayPal allows you to make many transactions for free, usually deposits, and there are fees for some types of bank transactions. These vary by time, location, amount and type of transaction, so we leave it to you to find what applies to your specific case on their honest website.

Your security is PayPal’s top priority: your financial details are safe because they are never shown to the seller. What’s more, with PayPal you can pay all PayPal merchants and casinos in just a few clicks, without having to re-enter your debit or credit card each time.

📌 Conclusion

PayPal is easy to use, available in most countries and online casinos, provides customers a high level of protection, works with real money and allows users to operate the funds through mobile devices with the operating system Android (version 4.2 and above). The main shortcomings of PayPal are transaction fees, withdrawal to a bank card in local currency only, and a limited set of features for residential properties. If you have any questions about the payment system, you can contact customer support by clicking “Contact Us” on the official website.

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