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PayPal is one of the most popular e-banks or e-wallets casino fans frequently use to make casino deposits and withdrawals. As a third part payment processor, players need to have already existent PayPal account and then use it to add money to their online casino accounts. Regarding its use, PayPal is most suitable for European players; players from the US for example are not allowed to make PayPal casino deposits. The convenience of using PayPal is incomparable. With it, not only you can make casino deposits, but you can also buy goods online. Continue reading to learn more about PayPal and how to use it at online casinos.
To open a PayPal online account, you need to visit PayPal website and follow the simple and easy steps. You can register a private, non-commercial account and a premier account. The private account is more restrictive. Afterwards, you have to fill out the registration form with your personal details and register a funding option. Adding funds into your PayPal account can be done via bank account, debit or credit card and even by using a secure money transfer system known as Money-Pak. The minimum amount one can deposit is $50, while the maximum is $5,000 per deposit. PayPal is very user friendly and it supports over 23 currencies.
Once you have real PayPal online account, you can use it as a preferred deposit method. Depositing via PayPal is incredibly fast and simple. Simply log into your online casino account, go to the cashier, choose PayPal as deposit option and enter the amount you wish to add. You will be redirected to PayPal website where you need to type in your user-name and password. Deposits via PayPal are usually processed instantly and the money is available for play right away.
PayPal can also be used for cashing out winnings from a casino. To withdraw money, once again go to the casino’s cashier, chose PayPal and type in the withdraw amount. The pending time is usually a couple of hours up to a few days. After you get the money into your PayPal account you can request cash-in-hand withdraw. Check for associated fees with this banking method.
PayPal is one of the most reliable and well- established online casino banking options. Players using PayPal can rest assured that their money is safe and in good hands. The biggest advantage of using this payment method is that none of the player’s personal information is revealed to online casinos. Players don’t have to enter personal details to make PayPal transactions and they don’t have to worry about revealing any credit card information as well.
In addition, casino fans should know that opening a PayPal account is free of charge and it has some of the lowest transaction fees of all online casino banking methods. All transactions are processed efficiently, easily and quickly. With it players get worry and hassle free online gambling experience.Share on: