PayPal is an extremely popular online payments platform available on the web. Launched in the year 1998, PayPal is a favorite with millions of users worldwide. Located in California, the company was acquired by online auction giant eBay in 2002. In almost 15 years, the company has received numerous awards, making it the global leader in online business solutions. PayPal is a preferred banking option at thousands of sites and this includes online casinos.
|Score||Casino Brand||Min Deposit||Bonus||Visit|
|Raging Bull ||$21||$400|
|Grand Fortune ||$21||$4000|
Creating and Using Your Account at PayPal
The registration process at PayPal is quite similar to other methods, only it is a tad more time consuming. You will be asked to provide your personal information including name, email id, residential address, mobile phone number, credit/debit card number, and you will have to choose a username and password for your account. As PayPal offers specialized services to many countries, it asks for details specific to your geographical location. Once your account with PayPal has been confirmed, you will receive an email confirming your account validation.
PayPal accepts only the major credit cards like Visa and MasterCard. Unlike other e-wallets, the funding options at PayPal are fewer, limited to credit/debit cards and debit through bank accounts. This is due to the stringent security measures that the company has put in place. PayPal can be used to make purchases online at most sites that accept payments through this method, and to transfer money from one account to another.
Using PayPal to Fund Online Casino Accounts
The funding process at online casinos using PayPal is a fairly straightforward one. All you need to do is go to the cashier page and select PayPal as your preferred method of deposit. You will then be taken to a page where you will have to enter your account information and the deposit amount, and confirm the same. The deposit money is instantly transferred to your casino account and you can start playing.
Withdrawals are also simple with PayPal. All you need to do is go to the withdrawals page and choose your withdrawal method as PayPal. You will be asked to provide your account information and the amount you wish to withdraw. In around 48 hours, the withdrawal amount will be transferred to your PayPal account.
One of the advantages of using PayPal is that opening an account and making deposits are free of charge. But, like most reputed e-wallet services, they do charge a small fee for receiving payments. The amount charged depends on a number of factors including the geographical location of the user, the currency used and various other factors. The tight security system is also another advantage of using PayPal.
Online Casinos that Accept PayPal
Despite the excellent services it provides and its worldwide popularity, the use of PayPal is limited as far as online gambling portals are concerned. This is partly due to the fact that PayPal is a US based company and legislations restricting online gambling have come into force in the country. But there are still a few online casinos that accept payments through PayPal. Some of them are Betfair Casino, 888 Casino and William Hill Casino.