Deposit Method: PayPal
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PayPalIn the past couple of decades, e-wallets have become an integrated part of our online lives. It is practically impossible to imagine a world without online payments and the comfort they provide, reducing monetary transactions to simple tasks one can perform over lunch or while waiting for public transportation. Apart from being highly practical, e-wallets are a go-to method for people who seek discretion or who simply prefer having a mediator between them and an online casino. Another reason is speed – at the moment, e-wallets are the fastest available deposit and withdrawal methods, with seconds long processing time. What is PayPal and how does it work? PayPal is an American based company and probably the most popular e-wallet available on the market, with more than 200 million registered users in 202 countries. To become a member of a vast PayPal family, you will need to fill out a short online form and link your bank account or payment card to your PayPal account. After only a few simple steps, you will be ready to buy merchandise and services from online sellers or use PayPal as a deposit and withdrawal channel on an online casino. For added comfort, PayPal offers a One Touch option which encrypts the login info on the preferred device, enabling the users to stay permanently logged in, thus turning every transaction into no more than a single-click operation. This is particularly convenient for online casino members who use PayPal to fund their casino accounts and need a fast and easy depositing method that can be used during the active game session – often, you will find yourself low on funds just before the bets are opened and having an option to quickly deposit is a major convenience. PayPal and online gambling After a break from online gambling that started when PayPal merged with eBay, the method is once again available as a payment tool on numerous yet carefully selected gambling sites. For an online casino, partnering with PayPal is almost a symbol of status, adding an extra layer of reputability and trust. To a number of players, accepting this method for depositing/withdrawals is a huge thumb up since it will not require any further adjustments as most of us already have an active PayPal account and we are pretty much good to go! Fees and processing time Depending on the nature of your transaction, different fee rate will be applied and PayPal provides the full list of all transactions and relevant fee percentages under fees tab on the official website; in average one can expect a fee of 3.4%, although the percentage will depend on your location and the type of transaction. Processing time is instant and your deposit will become immediate available. Withdrawals do not run far behind and it takes 1 to 3 business days for the money to appear on your PayPal balance. How do I withdraw funds with PayPal Pulling out funds from you PayPal balance is extremely simple - once you log in, you will immediately see your balance and the option to withdraw the funds juts underneath the available amount. You can transfer the money directly to your bank account or to any card that you have previously linked to your PayPal. Support and security To get in touch with PayPal staff, you can either send them a message directly from your account or give them a call Monday to Friday, from 9AM to 5.30PM CET time. A major perk which sets PayPal high above other e-wallets is the protection they offer to their members, enabling them to report any failed transaction, start a dispute and request a chargeback. PayPal team will then take appropriate steps to investigate the matter and resolve the case. Pros:
- Trusted by consumers
- Predictable flat-rate pricing
- Multiple pricing plans available
- Ideal for low-volume merchants
- Extensive integrations
- Good developer tools
- All-in-one payments system
We have right now 240 Deposit Method: PayPal casinos registered in our system.