Our experts are proud to offer you a complete and easy-to-read guide on how to use PayPal to deposit and withdraw funds from your account in different casinos. PayPal is one of the safest and most reliable payment systems for Internet transactions; given its speed of use, it is one of the best options for online players.
In the following paragraphs, we will present you with a complete list of the steps required to create an account for free, we will explain how to use this option in the best online PayPal casinos, and we will analyze in detail the pros and cons of using this method to play for real money.
Advantages
- Fast, safe, and reliable payment method
- You do not need to share your bank or credit/debit card details with the casino operator.
- You can use it with iOS and Android devices.
- PayPal offers a prepaid card.
- It is free since the customers pay no commissions; the service provider is the one who pays the commissions.
- Over two hundred million people use this payment method for their online transactions.
- Winnings earned in a PayPal casino can be kept in your PayPal balance or can be transferred to a bank account.
Disadvantages
- It is not accepted by all online casinos in the US.
- Some PayPal casinos only allow deposits and not money withdrawals using this e-wallet.
- Some online casinos charge a fee for using this option.
What is PayPal?
PayPal is a North American company that pioneered Internet financial transactions. This e-wallet, which has been online since 1999, began offering its services under the name Confinity, but it wasn't until after eBay's purchase of the company in 2002 that it began its rapid rise to become one of the most popular e-wallets globally. PayPal has recently been introduced as a payment method in the best US gambling sites, immediately achieving great success among American players.
The casinos
PayPal casinos are online platforms where you can make financial transactions using PayPal as a deposit and/or withdrawal method and then play the available casino games. One of the advantages of this type of casino is that you can use this electronic wallet to deposit funds into your account and withdraw your winnings without having to share your credit or debit card number with the casino operator. This is because every aspect of the financial transaction is completed with only the use of an e-mail address and a password; thus, the online casino will never have access to your bank details, much less your card number.
PayPal is one of the state monopoly-approved payment methods. This means that you can use PayPal to make secure deposits and reliably withdraw your winnings after enjoying casino games such as slot machines, roulette, blackjack, and poker all the time within legal platforms.
Deposit and withdrawal bonuses with PayPal
To spread the use of this payment method also in the US, some of the best PayPal casinos offer bonuses on deposits and withdrawals ranging from 5% to 15%. To understand which PayPal bonus is offered by each platform, it is necessary to read the terms and conditions of use imposed by each casino operator for the use of this electronic wallet.
Registration in a casino with PayPal
To use PayPal within an online casino, the player must register with the online casino and have a PayPal account. The user can register in the online casino by accessing the casino operator's web page and filling out a form with all the required information. To make the most of registering in an online casino, you need to pay attention to the welcome bonus or no deposit casino bonus offered by the different platforms.
As for registering with PayPal, the user must access the web page of this electronic wallet and select the "register" option. Subsequently, it will be necessary to choose the type of account that best suits the personal needs of a user and to fill in a simple form in which it will be necessary to include an e-mail address and the password associated with the account. It will then be time to link a card. Once the registration process has been successfully completed, it will be possible to use PayPal as a payment method in the best online casinos in the US and in many online shops.