Over the last decade or so PayPal have managed to make themselves into one of the biggest brands in the world. It says something when a company is known for as much as the name, then what they do exactly. But this sort of success doesn’t just happen by chance. The company have almost reformed how the majority of people shop online these days, but with that has come a huge amount of responsibility to provide a service that is second to none.
The majority of you will probably know PayPal from using e-commerce sites such as eBay. In fact, it’s actually eBay who know own PayPal. But you might not be aware of how many gambling institutes are accepting them as a payment method.
It’s widely agreed that over the decade in which PayPal have been continuing to rise, the way in which people deposit and withdraw money from their casino wallets has drastically changed. The removal of the US from the industry has hit it hard, but it’s the likes of companies such as PayPal that are working as hard as anyone to get them back in the industry with a viable banking solution.
One of the reasons as to why PayPal have become so popular is mainly down to the fact that they offer a timely and secure way in which people can transfer funds to and from their casino wallets. The transaction times are usually much shorter than that of say using your debit or credit cards, especially when it comes to withdrawals. In fact, many casinos will process PayPal withdrawals within a matter of hours rather than days, meaning that’s it not uncommon to have your money into your PayPal account that very same day.
PayPal have also gone out their way to make withdrawals back to your bank easier and quicker. In fact, they are now free an often in your bank account within just a few minutes. You really cant argue with this sort of service.
The inclusion of the PayPal mobile app allows you to control your account from anywhere in the world. As mobile casinos are starting to become a lot more accessible, this integration makes perfect sense and allows punters to have their banking and playing services available to them all times.
How To Use PayPal At An Online Casino
Making PayPal transactions can be carried out within just a few short steps. Obviously the ways in which you go about may differ from each casino that you use, the backend section at PayPal will remain the same.
Assuming you already have a PayPal account and an active account at the casino of your choice, you will first need to navigate over the payment section or cashier of that casino. Here you can choose the PayPal option and then you will be asked how much you would like to deposit.
The next step will take you to the PayPal site itself, which will be as part of a secure network. Here you will be asked to log in to your PayPal account with your username and password and confirm the payment to the casino. Note that in this section you don’t actually need to have a funded PayPal account. As long as it’s linked up to your bank account then the money will be deposited automatically.
The next step will take you back to your casino account where your funds should be waiting for you. If you are looking to withdraw your funds back to your PayPal account then you will need to enter your PayPal email address in the casino cashier for it be funded accordingly.
PayPal have come a long way since their introduction in 1998. They are now a multi billion dollar company and global brand. Over the last 15 or so years that PayPal has been in operation they have been widely dubbed as the trendsetter of the e-wallet industry. They are by far the biggest of their kind and brand that most people recognise.
PayPal actually had a relatively slow start within the gambling industry. You could argue that the industry as whole were slow to get to grips with e-wallet baking options, but you can’t argue that these days they are available at many reputable casinos and sportsbook around the world.