PayPal as a Deposit/Withdrawal Method at Online Casinos
An essential part of every online casino is its cashier and the payment methods that it accepts. After all, if you want to try your luck playing casino games for real money, you’ll have to first deposit at the site and then, when you have accumulated enough bankroll, you would want to withdraw it. This is why it’s very important for the players to pick the most convenient for them payment methods and for a huge part of them that method is PayPal.
There are many reasons why players prefer this payment method to others. First of all, the company is very reputable and popular and also regulated by different financial authorities. This means that all of PayPal’s customers enjoy great level of security and that when using this payment service their personal details as well as their money are safe. Secondly, when they use PayPal at online casinos, they only have to provide to the gambling operator the email with which they’ve registered at the site of the payment processor. This way, they conceal from the casino sensitive information such as credit or debit card numbers or bank accounts.
Another perk of using PayPal at online casinos is the speed. As it is an e-wallet, it takes less than 10 minutes for a deposit to be processed and withdrawals could happen in many cases in less than 24 hours which is quite fast compared to most other payment methods where withdrawals take up to 5 business days. The speed of the transactions is also very useful for the experienced players that switch between casinos to take advantage of different bonus opportunities.
Disadvantages of Using PayPal and Best Casinos that Accept It
If you think about it, there are only two drawbacks to using PayPal at gambling sites. The first one is that not all online casinos support the payment method and the second is that some casinos have fees for deposits and/or withdrawals executed with this payment method. This is why, if you want to play real money games with a PayPal deposit, it’s not only important to pick a casino that accepts the payment method, but also one where the transactions with this specific payment service are free. You can find some great suggestions for such operators in this list of the top 4 PayPal casino sites. No matter which site you choose, you’ll be guaranteed 100% privacy and security, as all of those sites are licensed and regulated by the United Kingdom Gambling Commission. Also, all four sites are regularly audited by independent testing agencies which make sure that the outcome of all hands is absolutely random and prepare payout reports which then the operators themselves post on their websites for everyone to see. Last but not least, the four suggested casinos support various gambling charities and help their customers prevent problem gambling by providing them with useful information about responsibility in gambling and tools for self-monitoring and self-exclusion.