The Benefits of Using PayPal as Your Casino Banking Solution
Besides offering great games, big bonuses and more, online casinos need to make sure that the platform has the necessary tools that ensure a seamless experience at all times. In this regard, we’re going to see how payment methods – particularly PayPal, are extremely beneficial to the online gambling world.
An Overview of PayPal
PayPal certainly needs no introduction. It is one of the top dogs in the electronic digital currency industry that allows easy deposits and withdrawals at all licensed PayPal Casinos. Throughout the recent years, it has become one of the most popular web wallet systems that is used by Canadian players and others from all over the world. It is also used to shop online and is a preferred method of payment by a number of household names, including Amazon and Ebay. Best of all it’s FREE!
Nevertheless, there are some pros and cons here too. Whilst PayPal has a great reputation for online security and is extremely easy to use, the company charges an online casino 25% on every transaction made. It’s fair to say it won’t affect you, but it’s something to keep in mind.
Your Online Security is the First Priority
Any reputable PayPal casinos will take the necessary measures to ensure that the players’ security is protected at all times. What’s great about PayPal is that it comes with a number of features including Fraud Protection, Buyer Protection, Account Protection and other advanced technologies that encrypt data. In this way, your security is protected if someone gains access to it and tries to make purchases or play casino games in your name.
Best of all, PayPal does things by the book. This means that the company will not agree to do business any casinos that do not have a valid license from the Kahnawake Gaming Commission or any other reputable gambling authority.
How to Make a Deposit at Paypal Casinos
Since no deposit bonuses are hard to come by, it’s important to know how to place your first deposit if you’re signed up to Payal Casinos. Rest assured it’s not rocket science; on the contrary, there are just a few steps involved. Best of all, you can use PayPal on any device, including desktops, mobile and tablets. Whilst the process may differ from one casino to another, the concept remains the same. That’s why we’ve broken it down 5 simple steps:
- Make sure that your PayPal Account has enough funds / is connected to a banking provider that has funds.
- All PayPal casinos offer a Cashier section. Once you’re logged into your casino account, head over to the Cashier and click on the PayPal Option.
- Enter the minimum deposit amount.
- Make sure that the money appears in your casino account. Generally speaking, this happens almost immediately when you’re using web wallet systems like PayPal.
- Play and win!
How to Finalize Withdrawals at Paypal Casinos
This process is quite similar to the deposit method, however, there are a few differences here and there. That said, you’ll come across the same withdrawal methods at most PayPal Casinos. Check out what we have to say below so that you claim your winnings in no time:
- Verify your details before cashing out: Before claiming your winnings, PayPal Casinos will ask you to submit proof of ID, utility bills and other documentation that proves that you are the only person who has access to this account. You should also agree to any wagering requirements involved. Once everything is in order, head to the cashier and select the PayPal Option to withdraw your winnings.
- Select the Withdrawal Amount: Once you select the PayPal Option, select the withdrawal amount. Just make sure that you choose either a minimum or maximum amount so that all winnings can be cashed out in a single withdrawal.
- Time Frames: Make sure you take note of any time frames so that you have a better idea when your winnings are processed by the casino and PayPal. Generally speaking, it’s instant.
- Enjoy the cash goodies!
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