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PayPal, which was first developed in 1999, is currently one of the most popular services that deal with international payments. All top casinos support the use of PayPal for deposits and withdrawals. This method does not have any drawbacks, it only has advantages.
First of all, PayPal works as a middleman between the player and casino. If the player is depositing money into online casino from your PayPal account, there is no need for exchange of personal information with third parties – contrary to, say, using a credit card for this, when you would need to use your personal data. So, if you are using PayPal, not a single casino will be able to get your personal details.
Secondly, PayPal is the largest online payments system and is constantly updating the security of the information stored. So anyone who is using PayPal for payments has an absolute guarantee of all transactions.
Thirdly, every PayPal account has a history of transactions, and this allows keeping an eye on all costs and income. PayPal notifies the owner of each transaction.
Depositing funds into online via PayPal
Using PayPal for this is very simple: there’re four steps in total.
- First of all, you will need to create a PayPal account using your real, and not artificial, data;
- Then you need to deposit money into this account using a credit or a debit card (service does support direct bank transfers as well);
- After this you will have to visit the webpage of the casino and deposit a sum of money into your account using your Paypal details and specifying the amount you want to deposit.
It’s important to remember that using PayPal to deposit funds into a casino may require a currency conversion. For example, if your PayPal account has some USD in it, and you need to deposit in GBP or EUR, an automatic transaction will take place and the casino will receive the amount necessary. PayPal charges decent fees for currency conversion, so you may want to check those out before you convert your money.
As a rule, funds sent to a casino via Paypal are deposited into your account within several seconds or several minutes tops.
