Advantages and disadvantages of using a PayPal casino site
PayPal: Pros & Cons
- Simplified payment processing
- Lightning fast deposits and withdrawals
- Keeps your personal information private
- Doesn't necessary qualify for welcome bonuses
Making an online casino real money PayPal payment
The very first step to making a payment using PayPal would be to create and register a PayPal account. This process is extremely straightforward, and it requires you to head over to the PayPal website. You will be required to enter your number which would then be used to verify your identity and email address. Once your verification is done, you will be able to link your credit or debit cards to your online casino PayPal account, making it a lot easier for you to make payments at your chosen PayPal casino.
To do this, you simply sign in or register an account on your chosen casino on the PayPal casino list, select the deposit option available, enter your PayPal linked email address into the requested form and there you have it. You can choose how much you want to deposit into the PayPal casino.
Withdrawing your winnings from online casinos that accept PayPal works almost exactly the same as depositing does. Simply head over to the withdrawal section of the PayPal casino, select PayPal as your chosen withdrawal method, fill the popup form with the required information and your winnings will be transferred to your PayPal account.
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Average times of online casino real money PayPal payments
PayPal, as a payment method, is extremely popular with a plethora of casino players simply because it has one of the quickest payout times available. On average, online casino PayPal payouts take just 24 hours, which is similar to a lot of online gambling payment methods. There are even instances of players at an operator on our PayPal casino list casino receiving their money almost instantly after withdrawing. This is faster compared to other payment methods such as debit and credit card withdrawals which can take anything from 3 to 5 days on some casino sites.
A casino with PayPal deposit has an average time that’s even faster, with online casino real money PayPal deposits being processed nearly instantaneously compared to other gambling payment methods. This ensures that games can begin playing their games for actual money as quickly as possible at all good online casinos that accept PayPal.
Additionally, players don’t have to worry about trying to get their credit card to enter their information. Since their cards are already linked to PayPal, the process is streamlined. All players have to do when making a deposit is to log into their PayPal casino account and then verify that deposit - as simple as online casino American Express deposits.
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PayPal casino verification requirements
While you can utilize your PayPal casino account without verifying it, the amount ($500) you are able to withdraw from your PayPal account to your bank will be limited. It is also common knowledge that verified PayPal users have fewer restrictions and pay less fees compared to unverified accounts.
To verify your PayPal account in the United States and use at a site listed on the PayPal casino list, you will need to provide the following:
- A bank account and routing number which can be linked to your online PayPal casino account.
- A credit or debit card with its expiration date, card security code, and billing address which is then linked using a code hidden in the transaction description initiated by PayPal.
- Your Social Security Number
Verifying your PayPal account is a process that should take two to three days. If your verification process takes longer than this stipulated time, you might need to contact PayPal for more information.
The history of PayPal casino sites
PayPal was created as Confinity in December 1998. It then merged with X.com, Elon Musk’s online banking company in 2000, only to be renamed PayPal in 2001.
In 2002, PayPal’s executive launched the company’s IPO or Initial Public Offering, only for it to be acquired by eBay, the ecommerce giant. PayPal then became the chosen payment method for the bulk of eBay users. While eBay was PayPal’s parent company, it was expanding a lot faster to the point where it became a widespread online payment choice for other ecommerce platforms. This also spurred the creation of online casinos that accept PayPal.
2007 saw PayPal partner with MasterCard, making it easier for MasterCard and PayPal users to conduct payments on sites that didn’t directly accept PayPal. PayPal then introduced a novel security layer into its framework by purchasing Fraud Sciences, a company with experience in creating online risk tools.
The company has purchased other companies including Braintree, IronPearl and Zong to further improve its service. Up to this point, it was a subsidiary under eBay, but in 2014, it split into its own brand. This has enabled it to launch its own Peer to Peer payment system, purchase iZettle and partner with Instagram.
PayPal casino sites to other providers compared – focus on security
Over the course of our research, we have discovered that one of the edges online casinos that accept PayPal has over other payment providers is its focus on security. Most times when you pay with a credit or debit card on a site with dodgy security, your bank information might be stored on the site’s servers somewhere, or worse, seen by the website’s operators after the transaction has been made. Using PayPal casino sites ensure this doesn’t happen. All your vital information is encrypted when making payments, so you never have to worry about your financial information falling into the wrong hands.
Additionally, making an online casino real money PayPal deposit provides you with increased convenience over other payment methods. When using a PayPal casino, you simply just enter your login and password into the required form. With a card, you’ll need to type the card number, its expiry date, CVC and any other piece of information. PayPal is a lot faster than some of these other payment methods when it comes to withdrawals. On average it is much quicker than a bank transfer. One thing PayPal can improve on is its fees schedule, making it much cheaper to conduct transactions using the payment solution.
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Most popular payment methods – Instantaneous payments
There are various reasons why online casino players choose a PayPal casino when funding their accounts. For one, security is a major advantage of playing at all online casinos that accept PayPal. If we were to compare it so say, credit card payments, you will discover that your financial information and the details of the transaction are encrypted. This provides peace of mind to those that aren’t quite comfortable letting an online casino site have those details. PayPal acts as the trustworthy and secure middleman ensuring that your payment goes through while your information is safe.
Another reason why online casinos that accept PayPal have increasingly become the payment method of choice is because of the speed at which its payments are processed. If you were to poll online casino players, both returning and new, you would discover that payment speed is one of the factors they look for when picking out a payment solution. No one wants to wait a couple of days for their deposits to reflect before they can play their favorite online casino game.
With PayPal, your deposits are almost instantaneous, showing up no later than 15 minutes. Speed is also a factor when withdrawing your winnings from your online casino. Having to wait days for your funds can be detrimental to your entire online casino gaming experience. This is why most select to play at casinos using PayPal rather than an online casino with Venmo or a casino pay with mobile.
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Conclusion - All you need to make an online casino real money PayPal deposit
As you can see, there are a plethora of amazing features associated with using online casinos that accept PayPal as your preferred payment method. After all, an online casino real money PayPal payment is effective, secure and fast. It also helps that it is very seamless to use.
Additionally, PayPal is not subject to any special offer bans that other payment options are subject to. All of which shows why PayPal is one of the best online casino payment options. So sign up to one of our recommended online casinos that accept PayPal and start playing!
Online casino real money PayPal 2023 FAQ
🏦Can I use a PayPal account for deposits in online casinos?
Payment methods for online casinos are increasing with each passing year. From Apple Pay to PayPal, many have joined the list. You can visit us at CaptainGambling to find out the best online casinos with PayPal deposit options. Besides being the largest e-wallet in the world for commercial transactions, PayPal remains to be extremely popular on gambling apps and websites. So come to our site to find your perfect PayPal casino.
👑What are some of the online betting sites that support PayPal transactions?
Since 2015, a lot of betting sites that accept PayPal payments have come to the fore. PayPal has made the process quite easier. The players do not need to enter their account details every time they make a payment at these online casinos that accept PayPal. The latest encryption feature in Paypal also makes it safer to complete transactions on gambling sites.Be sure to check out the providers on our Paypal casino list that you can try to play slots and other games.
💰Do I have to pay any fees at online gambling sites?
Before finding a casino with PayPal deposit facilities, you’ll want to ensure that you don’t incur any fees. We found that online casino real money PayPal deposits depend on factors like whether you are using it directly or through credit or debit cards. At CaptainGambling, you will find all answers to your questions regarding online gambling and payment methods.
❓Can I use a relative’s PayPal account for transactions at an online gambling site?
The security feature of PayPal is quite strict and requires authentication. To understand how to play at any online casino with PayPal deposit facilities, visit us at CaptainGambling. Here you will get all the information regarding the payment process, the minimum bet you need to place, and the best online casinos that accept PayPal.
