Advantages of Using PayPal For Online Gambling

Many reputable gambling operators would offer exclusive bonuses and promotions to PayPal depositors, which cannot be said for other rival digital wallets like Skrill and Neteller that sometimes do not make the cut when it comes to bonus redemption.

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Those of you who have ever played real-money casino games online have undoubtedly noticed there is usually a broad selection of payment methods players can use to fund their accounts.

Most gambling operators of good repute would support commonly used options like mobile billing, electronic checks, vouchers, online banking, and e-wallets to give customers who are reluctant to pay with their personal credit/debit cards convenient alternatives.

One such alternative that is extremely popular among online gambling aficionados is PayPal.

Here is why.

PayPal is a Fast and Straightforward Alternative for Online Casino Depositors

In our observation, PayPal is one of the quickest ways to transfer funds to your online casino balance. The only information you need to conduct a deposit or a withdrawal with this e-wallet is your PayPal account’s username and password. Once you confirm the transfer, the money will be credited to your online casino balance in no time at all, only seconds after you click on the deposit button.

Note that PayPal also boasts some of the quickest withdrawal rates when compared to most of the other methods.

In addition to this, the popular e-wallet spares you all the rigmarole associated with initiating payments via bank transfers or cards. There is no need to provide information like card numbers, expiry dates, CVV codes, or lengthy bank account numbers that are next to impossible to remember. Conducting a PayPal casino payment is easy as pie and you can do it from any location you like since the banking solution is available on mobile devices via dedicated apps for iOS and Android.

PayPal Supports 25 Currencies

Casino players who decide in favor of using PayPal should not be concerned about paying huge extra fees for currency conversion. There is a good chance the currency you have set up your casino account in is supported by the e-wallet which works with 25 different currencies.

Apart from the widely used USD, EUR, CAD, AUD, and GBP, the method allows its customers to register their e-wallet accounts in rarer currencies like NOK, PHP, JPY, ILS, MYR, NOK, DKK, and HKD, full list with the supported currencies can be find here www.casinoguardian.co.uk/casino-deposit/paypal/.

Some Casinos Give Exclusive Bonuses to PayPal Depositors

Many reputable gambling operators would offer exclusive bonuses and promotions to PayPal depositors, which cannot be said for other rival digital wallets like Skrill and Neteller that sometimes do not make the cut when it comes to bonus redemption. These offers are normally available to first-time depositors who make a payment via the widespread e-wallet.

The deposited amount is matched with a certain percentage in bonus funds, so if you redeem a 100% welcome bonus with a $50 PayPal deposit, your account will be credited with a total of $100. It is always a good idea to keep a sharp eye out for such promotional incentives if you are a PayPal depositor since bonus redemption gives you better value for your money.

PayPal is Accepted by Hundreds of Online Casinos

Few other banking methods boast such wide availability as PayPal does. If you have a PayPal account and are looking to start gambling for real money on the web, you will have broad enough choice and will encounter no difficulties finding an online casino that covers all your criteria.

A few factors to consider when choosing a PayPal casino are welcome bonuses, payment minimum and maximum limits, suite of games, and accepted currencies.

The E-Wallet Offers High Security Levels

As if the listed advantages of using PayPal are not enough, this casino banking solution comes with the benefit of enabling incredibly secure online payments. PayPal’s excellence has earned the company over 20 prestigious accolades, including the People’s Voice Award for Best Financial Services Site at the annual Webby Awards in 2006.

PayPal monitors the transactions of its users at all times for the purpose of detecting and preventing frauds like identity thefts or phishing. Security is further consolidated by the fact the payment company deploys sophisticated SSL encryptions.

Finally, PayPal enables fully anonymous casino deposits and withdrawals conveyed solely with the users’ e-wallet passwords and usernames, not to mention the payment company never shares its customers’ payment information with third parties.

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