The Rise of Online Casinos Accepting PayPal

How you play at online casinos has changed tremendously over the years.

Over the past several years, things have changed tremendously for those online casino lovers. The online gaming industry has exploded in popularity and become a multibillion-dollar industry worldwide within the last decade alone. With the increase in popularity comes many changes, and one that’s recently emerged is the different payment methods now accepted in the online casinos. In the days before everything became mobile, playing for real money online wasn’t even a thought. However, nowadays, playing online for money is a common pastime, legal and properly regulated in many countries around the world. And one of the most common funding sources in online casinos is PayPal: a secure and convenient way of sending and receiving funds online.

Why PayPal?

Today, PayPal is the number one online wallet choice worldwide.

Founded in 1998, PayPal has a solid track record as the number one online e-wallet solution today. PayPal works with 25 different currencies and in 180 countries worldwide. If you are checking out at any online retailer, often you will have the option of checking out with PayPal because it is assumed that just about everyone has an account. Since PayPal is the standard nowadays, it only makes sense that many of the top online casinos would start accepting PayPal for payment and withdrawal methods. Therefore, it is no surprise there are numerous PayPal casinos in the U.S. available to players, giving them more flexibility with their payment methods at casinos online. Because PayPal is careful when it comes to their policies regarding online betting, if an online casino accepts PayPal, it is without a doubt, a trusted, reputable company. PayPal requires that casinos are fully licensed in the countries they wish to allow players to use the payment gateway. Using PayPal at online casinos is fast, reliable and secure, making it one of if not the best option.

The Benefits of Using PayPal at Online Casinos

Millions of people are using PayPal because of the ease and convenience.

Using PayPal at online casinos has many benefits, such as ease and convenience. And PayPal is much easier to use than most other payment methods, starting with making deposits into your casino account. You just choose to deposit, enter the amount, provide your account details and it’s done. No need to worry about finding your credit or debit card, entering in long card numbers and expiration dates.

When using PayPal with online casinos, you also don’t have to worry about security because PayPal’s track record is exemplary in that regard. PayPal regularly cracks down on attempted fraud in both the online casino space and other areas of the internet.

Another benefit of using a PayPal online casino is the fact that you’re more than likely already using it, and if so, there’s no need to set up an account. So, using it to play at a casino is super convenient. Which leads to the benefit that is sometimes overlooked, which is the level of privacy that comes with playing at PayPal casinos. With PayPal, your financial information is strictly protected. For example, some banks will look at your transaction history when qualifying you for a mortgage or loan, and spending money at casinos can sometimes be frowned upon by lenders. You won’t have to worry about this, though, if you choose to use a PayPal casino.

A few other benefits to take notice of when using a PayPal casino would be quick deposits, automatic currency conversion and the fact that PayPal is free. As if these benefits of using a PayPal casino weren’t enough, there are some online casino operators that offer special bonuses and rewards for players that choose to deposit with PayPal. So, look out for these types of offers and take advantage!

Using PayPal at Online Casinos

When it comes to using your PayPal account with an online casino, there are a few things you want to keep in mind. Most of the online casino providers accept PayPal for deposits and withdrawals, however, some will only allow you to deposit via PayPal and then impose withdrawal restrictions such as only being able to withdraw via PayPal when the amount involved doesn’t exceed your initial deposit. Always be sure to check the fine print before signing up with the casino.

When withdrawing your funds from your casino account to your PayPal, however, it’s quite easy. You go to the withdrawal page on your online casino site and select the PayPal withdrawal option. Once you do, you’ll be navigated to PayPal where you will then enter your login information. Next, you’ll enter the amount you want to withdraw from your account balance. The amount you can withdraw will depend on the casino’s terms and conditions. But once you approve the withdrawal, you sit back and wait for your funds to appear in your PayPal account. Using PayPal as a withdrawal method is preferred over a bank account because with PayPal, it usually only takes 1-3 business days whereas it can sometimes take up to a week for some banks.

In a Nutshell

Hopefully, the information above has shed some light on how the use of PayPal casinos has risen over the last several years and has helped you make up your mind on whether to use PayPal the next time you enter an online casino. It is an option that is highly recommended and gives you more flexibility when it comes to getting money to and from online casinos. Is a PayPal casino right for you?