PayPal casinos accept deposits with PayPal. Payments with the service are also possible. The casinos offer various advantages. The providers are very serious. Deposits can be made conveniently and securely. Many PayPal casinos also offer an attractive bonus.
Use PayPal in real money casinos online
One of the most accepted and popular methods for online payments is through PayPal. Real money online casinos often work with this company.
There is an increasing number of real money casinos online with PayPal, since Indian gamblers also want to use their PayPal account for real money transfers to and from their casino account. We recommend online casinos with PayPal mainly because of the simple account setup.
PayPal Security important instructions!
- It is never asked for personal and sensitive data! Information such as credit card numbers, date of birth, passwords, bank details, e-mail addresses, PINs, TANs, the number of the driver’s license or insurance numbers are not obtained in the context of an e-mail!
- There are no attachments to the emails! No file that needs to be opened or downloaded is attached to an official message.
- There are no prompts to click links! Should you e.g. do something on the PayPal website or on your customer account, then you will not be offered a link to the PayPal website. Other websites are not linked!
- The first and last name is always used when addressing! You can recognize spam immediately by indirect greetings such as “Dear customer” or “Dear Sir or Madam”. PayPal will always address you with the full name.
- It is clearly recognizable as the sender PayPal! If the above signs arouse suspicion in you, then take a closer look at the sender of the mail by clicking on it and google it to be on the safe side.
PayPal Main Info
| Company name | PayPal Holdings, Inc. |
| Branch | Financial services |
| Headquarters | San José, California, United States |
| Website | www.paypal.com |
| Regulation | Commission de Surveillance du Secteur Financier |
| Share price | WKN: A14R7U / ISIN: US70450Y1038 |
| Founding | December 1998 |
| CEO | Dan Schulman |
| Founders | Elon Musk, Peter Thiel, Max Levchin, Yu Pan, Ken Howery, Luke Nosek |
Additional Info
| Supported currencies | Receive: 100+; Taking off: 56; Hold credit: 25 |
| Active accounts worldwide | 296 million (2020) |
| Active accounts in India | 102,5 million (2020) |
| Customer service | 0800 723 4500 |
| App | Yes |
| Fees buyers | Free |
| Fees seller | 1,9% + 0,35€ |
| Number of PayPal casinos | 8 |
| Support via email | Yes |
| Best PayPal Casino | LeoVegas |
PayPal wallet in online gambling
In 2006, a few things changed for PayPal in the gaming market. After the Unlawful Internet Gambling Enforcement Act (UIGEA) was passed in the United States, all payment service providers were now prohibited from processing transfers to and from illegal gambling companies. Some gambling providers (e.g. PartyPoker) then completely said goodbye to the American market.
But which gambling was illegal or legal where exactly was not defined in said law. Because of this uncertain legal situation, PayPal ultimately decided to stop cooperating with online casinos, poker rooms and internet betting providers. Only after the governments in America and Europe have legally regulated online gambling can players on both sides of the Atlantic deposit and withdraw on a casino site using PayPal.
What are the advantages of PayPal?
PayPal offers various advantages as a deposit method. The PayPal account is free. Deposits are possible in real time. The money is available on the gaming account just a few seconds after a deposit. Casinos also make withdrawals with PayPal. This is also faster than with other methods. Players get their winnings faster.
PayPal is considered a very secure payment service. The company has been active on the market for a long time. A lot is invested in the security of all transactions. Customers can protect your PayPal account. For example, two-factor authentication can be set up for this. Then the login to PayPal takes place in two stages. In the first step, customers enter the PayPal password. In the second step, a multi-digit code is entered.
This code is immediately sent to the stored mobile phone via SMS.
Deposits with PayPal are also possible without PayPal credit. Payment methods can be deposited with PayPal. For example, it can be a checking account. Then paid funds are debited from the account by direct debit. PayPal also accepts credit cards.
Usually no transfer costs
Real money transfer is generally free of charge when it is sent from individual to individual or to a bank account. Debit and credit cards can also be used for the international transfer of money. PayPal online casinos rarely pass fees on to you, so your gaming enjoyment remains straightforward and incurs no additional costs.
PayPal casino alternatives for players in India
PayPal has updated the terms of service for working with online gambling providers in India. At the moment, the most popular online payment service is not offered by any casino site. However, there are still a number of payment options available that can be used by Indian players. Below is a list of the PayPal alternatives I have tested for payments in online casinos:
Conclusion
Why are hundreds of millions of people so happy to use the payment service and why is it so popular with gamers? There are many advantages, with the safety factor being the most important core aspect of the service. In addition, there are pseudo-anonymous transactions, since the financial instrument takes over the payment and then debits the money back by direct debit with a neutral purpose. An ideal solution for many players.
At the same time, all transactions are completed in real time. Unnecessary waiting times for verification of incoming payments are eliminated and players can play at PayPal Casino immediately. Another aspect is the exemption from fees, because fee-free deposits and withdrawals are very welcome to all players.
Be the first to comment