The launch of the Internet over two (2) decades ago ushered in a new model of transactions, of which online payment is one of them. In the last couple of years, we have seen a tremendous increase in the number of online-based payment systems that are geared towards improving the ease of transacting over the air.
PayPal is one of the most notable and vibrant online payment methods that are not only used in e-commerce platforms but also in online casinos. It is interesting to note that this payment service provider has succeeded to brace through the inherent regulations of online casino payment methods to become one of the leading service providers in that aspect.
Background of the Company – PayPal
PayPal is not only an online payment service provider but a company that aims at enhancing the experience of online payment users. Founded in 1998, PayPal has grown to become one of the leading international payment methods that are used in different payment terminals, including online casinos. It also serves as an open digital payment platform that serves over 200 countries of the world. PayPal does not attract setup or gateway fees. It is cherished by online casino players because of the secure transaction, which demands only an email address to initiate a payment.
However, the policies of some online casinos and regulations from the government tend to decrease the number of countries and platforms that accept PayPal as an online casino payment method.
Although it was designed to be a global online payment service provider, PayPal has limits in the number of countries where it can be used as an online casino payment method. Some of the supported countries include Austria, Finland, Portugal, Greece, Sweden, Ireland, Denmark, Belgium, and the UK.
How to Register
Signing up for a PayPal account is easy. Simply visit the website to create an account using your email address, first name, last name, and contact details, such as telephone number(s) and address.
Initiating Online Casino Deposits Using PayPal
Ensure you already signed up/created a PayPal account before proceeding to fund your betting account. After creating the account, you are to link it to your email address and your debit or credit card, which would be used to fund the account.
To fund your betting account using PayPal, you have to navigate to the cashier page in the online casino and choose PayPal as your preferred deposit option. Enter the amount you wish to add to your betting account, after which you will be redirected to the PayPal secure payment window. Enter your PayPal email address and password and follow the on-screen instruction to complete the payment procedure.
Withdraw Your Earnings through PayPal
It is also possible to withdraw your earnings in an online casino using the PayPal-secured payment gateway. The process is in the same manner as the deposit option, only that you have to enter the amount you want to withdraw alongside your email address.
PayPal is reputed for its robust online payment gateway that serves hundreds of countries and millions of companies around the world. Take a cue from the above tips to add money to your online betting account using PayPal.