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About PayPal As Payment Method at Online Casinos

August 22, 2019 Posted in News, Payments by No Comments

Multi millions of avid online casino enthusiasts want to play games on casino websites that are safe and secure. They want to be assured that their online casino financial accounts are held within the strictest confidence. Players also want to play at casinos that can provide the advantage of using a payment method that is both widely used, and accepted worldwide.

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They want their deposits and withdrawals to be made without queries or worry. PayPal is one of the largest money transfer services being used by many online casino websites worldwide. It has over 240,000,000 account holders around the world, and deposits and withdrawals at online casinos are made quick and easy.

PayPal was founder in 1998, merged with X.com banking in the year 2000, and was purchased by e-Bay as their primary payment option for auctions. PayPal partnered with MasterCard in 2007. This partnership allowed consumers to pay for services and goods by way of online purchases at places that did not accept PayPal. With more than 18,000 employees, PayPal currently has revenue of more than $13 billion. In 2015, PayPal separated from eBay, and is now headquartered in San Jose, California, and has become a top choice that many online casino players choose for managing their casino accounts.

Opening a PayPal account is easy. Go to the PayPal website, and click on the sigh up button. Next, enter a valid email address, create a password, then enter details about name and address. A debit card, credit card, or bank account must be linked to the account. Once money has been put into the account, you are ready to start using the PayPal account. PayPal is a very highly secured site, and ensures customers that their financial information will not be comprised. Since PayPal is a widely used method of payment, nearly all online casinos accept it. Players will go to the cashier section of their favorite casino website, and select PayPal as their option. Decide on the amount that is to be deposited into the casino account, and it is full steam ahead.

Withdrawals are made just as easily as a deposit. Sign into the online casino account, choose the amount to be withdrawn, and the money will go into the PayPal account. Players can cash out on their winnings, or simply remove money from their balance. Some online casinos may have a longer processing time for withdrawals than others, so players may experience a longer wait time than with deposits. If for some reason an online casino, or other merchant, does not accept the PayPal account, then they will most likely accept the PayPal MasterCard.

There are a number of benefits to using the PayPal option for payment. It delivers a secure, fast, and reliable service, and even though it is an American company, the card can be used easily outside of the United States. Online casino players can have money easily deposited into their casino accounts, and withdraw money that will be put back into the same account. PayPal is not a banking institution, so this makes it more difficult for identity left to take place. Players can trust the PayPal option as their method of choice when playing at their favorite online casino hoping to hit the jackpot for the big win. PayPal is equipped to hold even the largest sum of money. Players can rest assured that their funds are safe, and being taken care of when they use their PayPal account as their payment method at many online casinos.