PayPal is a financial tool that allows users to make seamless transactions online without using their financial information on every website they interact with. It is widely considered one of the most secure methods of payment and this has led to huge acceptance around the world, especially in the gambling world.
With PayPal payment system, online casino players can play games at various non gamstop betting websites or online casinos with real money without having to give up their personal bank details.
The creation of PayPal in 1998 added to the massive growth in the use case among online players. Since then, over a hundred online casinos now use PayPal as their major payment method. Using PayPal to deposit and withdraw from online casinos allows for easy and fast processing of payment compared to traditional cheque or bank account transfer.
In most cases, you can perform online transactions within a few minutes. PayPal also supports many major currencies which are good for players not in the US.
How to register on PayPal
Before you can deposit and withdraw on online casinos, you must have a verified PayPal account. Unfortunately, due to regulations in some countries, PayPal service is not available in all regions. It is good practice to check if PayPal is allowed in your country of residence before signing up.
If that is checked, then you can follow the preceding process to sign up. First, go to the official website (paypal.com) and look for the signup feature to get directed to the sign-up form.
You would be asked to provide some basic personal details, be sure to provide correct and authentic information. After you have successfully registered an account, you can now add a bank account or link a debit or credit card to your newly registered account.
To do this, click on “wallet” on your dashboard then click on “Link a debit or credit card”. This would take you to a form, fill the form accordingly and click “link”. After this step, you are now ready to use PayPal.
PayPal Casinos and Bonus
As established earlier, before you can use PayPal on an online casino, the casino has to state it that they accept PayPal. Let’s consider some casinos that accept PayPal in no particular order. a.Spin Palace Casino:
They offer an exclusive bonus of up to $1000 with over 650 casino games. b. Betway Casino: They also offer a 100% deposit bonus of up to $1000. c. Slotocash: They offer a 200% deposit bonus with 50 free spins. Other casinos are Slots Empire, Royal Vegas, and JackpotCity Casino.
There are several other online casinos that accept PayPal. If you need to get more, you can check for a full list on any search engine.
However, be sure to make licensing checks before signing up on any of those online casinos. Also, you need to consider the bonus offerings and wagering requirements to see if it is enticing enough. You can also check up online forums created for online casinos to see reviews made by other players.
PayPal is a reliable and fast payment system for online transactions. This method of payment is now widely used across several online casinos due to its top-notch security.
Although PayPal prohibits the use of their services for gambling, there is an exception for officially licensed online casinos not listed on Gamstop because their activities are constantly audited.
Having an account with PayPal as fast and easy as setting up a social media account. With PayPal, your gambling activity is seamless since the major aim is to make money.
Last Updated on May 15, 2020 by editor