PayPal is arguably the most popular e-wallet in the world. It’s fast, it’s safe and reliable for most online transactions. That includes online casinos for both deposits and withdrawals.
Of course, PayPal isn’t the only banking option that accepts casino payments. You can use Visa, MasterCard, Skrill, and even cryptocurrencies. But guess what? There are advantages to choosing a casino that accepts PayPal. Here are some of them:
PayPal Works with Legitimate Casinos
Worried that you can’t find prove about a casino’s legitimacy? Check if it offers PayPal payments. If it does, you can be sure it’s licensed by a respected regulator and has been audited to be safe and fair.
Unlike some payment processors, PayPal doesn’t work with just about any online casinos. It has high standards that an operator must follow before it can work with PayPal.
Some of these standards concern security, transparency and the ability to pay up when customers win. That means all PayPal casinos must have security measures to safeguard players’ data. They have transparent policies and have a record of paying winners timely.
Convenience of Payments
If you are looking for a PayPal casino, there’s a chance you like the payment provider. You like its speed, reliability, and safety. Maybe you use PayPal for regular payments, so finding a PayPal casino will make things easy for you.
Regardless of your reasons, choosing a PayPal casino ensures you can deposit and withdraw money conveniently. If you are a high roller, in particular, you don’t have to worry about sending or receiving limits. That’s because you have an established account.
Again, there are tons of PayPal casinos out there. So, if you use more than one account, you can rely on your solo account for all payments. The best part though is that the company doesn’t reveal your financial information to gambling sites.
The money transactions are between you and PayPal and as such your data rests solely with PayPal alone. In case you are wondering, www.bestonlinecasinos.com has a guide to help you find the best PayPal casinos. It does this by listing multiple casinos based on their ratings, bonuses and minimum deposit amounts.
It also includes crucial information about each gambling site’s terms and conditions. For example, it tells you about each casino’s bonus wagering requirements beforehand. That way, you join a site fully aware of essential information.
They Tend to Be Reputable
Established PayPal casinos tend to have great reputations. And there are reasons to explain that. For starters, PayPal is never afraid to pull out contracts with operators accused of defrauding customers.
As a result, online casinos that have been providing PayPal payments for years are mostly reputable brands. Sure enough, a quick search on PayPal casinos brings out these results:
- 888 Casino
- Grosvenor Casino
All of these operators have been in the gambling business for over ten years. Some have been offering betting services for decades, long before PayPal came along. As such, they know a lot about running successful gambling businesses.
Domestic and International Payments
Some of the payment methods some casinos provide operate within specific geographical areas. Trustly, for example, hardly operates outside of Europe. Qiwi, on the other end, is limited to New Zealand, Australia, and a few more countries.
Even though bank transfers are on the rise, with PayPal, you can send and receive money from online businesses based in nearly 200 countries. That means you can use it to send money at a casino based in your city or one based overseas.
To spice up things, PayPal supports over 100 countries. There might be conversion fees if you decide to send money to a different currency. However, the presence of multiple currencies means there’s a chance you can use your local currency to transfer money to online casinos hassle-free.
Low Transaction Fees
An argument can be made that PayPal isn’t the cheapest payment method in the world. But for its convenience, security, and availability on multiple casinos, it’s pretty affordable.
For starters, PayPal charges 2.9% per transaction. By comparison, its competitors—those that work with casinos—tend to be more expensive or cheaper but have some restrictions. Some of them also have set up and maintenance fees, both nonexistence when using PayPal.
Of course, PayPal’s fees aren’t the only charges you want to check when looking for an online casino. Gambling sites also tend to have deposit and withdrawal fees. The best among them have no transaction fees. But beware some companies impose charges to cover PayPal’s fees.
They are Mobile Responsive
Just like PayPal, casinos that accept the payment provider also tend to work on mobile devices. That means you can play your favorite slot machines on your android smartphone or your iPad.
In fact, you can also play table games like Texas Hold’em and blackjack in a live setting through your smartphone’s camera. And, of course, if you decide to top up your account, all you will have to do is to find your PayPal app.
Thanks to technology, you also don’t have to download apps to play casino games or send money via PayPal. A mobile browser works the same as the browser on your desktop computer. As such, you are not limited to a specific device as much as playing casino games and cashing out is concerned.
Similar to retailers of physical goods, online casinos also offer exclusive bonuses regularly. Sometimes they give out free spins to all new customers. Sometimes they limit these offers to PayPal users.
Truth be told, there aren’t many bonuses limited to PayPal users alone. However, they’re also very few casino rewards in which PayPal customers don’t qualify. As such, you can be confident where a gambling site gives out bonuses, you’ll be bound to receive.
By default, read about a bonus’ terms and conditions before you accept it. Learn about its wagering terms, games you can use it on and the maximum you can withdraw. That way, you’ll be sure you are accepting bonuses that give you great value.