PayPal is one of the deposit methods many casinos offer. Depositing money to new casinos online as well as the established casinos using PayPal is painless and simple.
Select PayPal as the payment option. You will be prompted to log in to your PayPal account. Enter the amount you want to transfer. There are no charges for making such payments. Only the information linked to the PayPal account is needed, so the casino will never have a link to your bank account details or the credit card number.
PayPal acts as the intermediary between your bank and the casino site. So if you don’t like giving out the information on your debit and credit card, you will feel safer using PayPal to deposit money to your bankroll.
Advantages of depositing with PayPal
First, PayPal is a trusted brand. From a survey by Morning Consult, PayPal is the second most trusted brand worldwide after Google. Unlike some little-known payment companies, PayPal is a household name with an incredible 361 million active users as of 2021.
Besides trust, PayPal has uptight web security. The company deploys military-grade encryption to protect gamblers' bank and credit card information. There's also a Purchase Protection policy.
Another benefit of PayPal is its affordability. There are no costs associated with owning or running an account - just sign up for free. The transaction charges are also lower compared to the competition.
PayPal is also flexible when it comes to the limits. The daily transaction limit is $5,000, while the monthly limit is $40,000. This is fair compared to other eWallets.
PayPal is very efficient. The company has a robust infrastructure that ensures deposits are fast. As a result, players don't have to wait for ages before money reflects in their accounts. Typically, processing PayPal deposits to casinos takes just a few minutes to hours.