How to Deposit and Withdraw Funds in PayPal Casinos
PayPal is an e-wallet service used for making transactions online, and it’s also considered one of the most popular deposit options used in online casinos. If you want to play your favourite casino games online, you can choose PayPal to deposit funds into your account. Fortunately, there are plenty of PayPal casino sites out there that allow deposits to their players' account through PayPal.
Online Casino Transactions with PayPal
PayPal is one of the leading e-wallet services around the world, and it’s not surprising why it’s highly popular at online casinos. Anyone can use PayPal for free and make online payments at a huge number of online vendors. While PayPal is free for everyone, there are some limitations when depositing funds on a player’s PayPal account, specifically in countries with strict gambling regulations.
One of the main reasons why online casino PayPal sites accept PayPal as a payment option, both in deposits and withdrawals, is speed. With PayPal, you don’t have to wait for a few days or even a week just to send money to and from your online casino account. Because of this feature, you can play your favourite games such as Roulette, Baccarat, Blackjack, Slots, and more almost immediately. In the event you win, you could enjoy the thrill and excitement of seeing your account balance go up.
With a PayPal account, you can easily withdraw your winnings to your credit card or bank account that is linked to your account. Or, using the free PayPal debit card, you can enjoy the benefit of quick and secure transactions without the need to provide your personal details for every transaction you make.
Making Deposits on PayPal Casino Sites
Depositing funds on your account using PayPal is really simple and straightforward. If you plan on playing in a PayPal casino online, you should see the PayPal deposit option on their Deposits page. Once you’ve chosen it, simply enter your desired amount. You will then be taken to your PayPal account and go through a verification process just like when you make an online purchase. In most cases, the process will be completed in just a minute or so, and the funds you deposited should be reflected in your casino account.
To understand how PayPal casino deposits work, let us know more about how the transaction process is done. A user with a PayPal account will deposit credits into his account through bank transfer or credit card. PayPal users also have the option of linking their credit cards to their PayPal accounts so that any online casino transactions they make will be completed automatically. This ensures that only one site will have access to your credit card information when you make payments online. You have the option of using your PayPal account which you use when shopping online to make transactions with PayPal casino sites, but you can also choose to open a separate account using a different credit card and dedicate it only for casino play. By doing so, you can easily track your winnings and expenses and even manage your bankroll effectively.
PayPal is a popular payment option used in several online casinos. There are some PayPal casino sites that provide their users extra credits upon making deposits using PayPal. Aside from depositing funds, players can also use PayPal for withdrawing winnings into their accounts. However, not all online casinos support withdrawals, hence you should check out a casino’s terms and conditions first.
Casino Software Firms that Support PayPal Transactions
Almost all online casinos are powered by software created by a small group of reputed companies. Instead of sorting out hundreds of different online casinos when looking for a PayPal casino, you can just opt to categorize them based on the software they use. Here’s a breakdown of the three most well-known online casino software providers:
Microgaming is the known pioneer of online casinos, and it’s the most popular casino software provider around the world. The company’s software is used in a lot of online casinos - with some that accept PayPal transactions and some that don’t. There are a good number of online casinos that accept PayPal payments, and some of them even allow withdrawals.
PlayTech is yet another giant when it comes to online casino software providers. You can find a fair share of PlayTech casinos that accept payments via PayPal, and they even provide you with 15% percent bonus upon making a deposit. They support both deposits and withdrawals thru PayPal, one-day cashouts. However, they charge a 1.5% fee for every deposit you make.
3. RTG (Real Time Gaming)
The RTG is another popular software used by a good number of online casinos. The problem with RTG is that there are only a few number of online casinos that accept PayPal, and not all of them support withdrawals. Aside from that, you can expect making deposits to be really quick and easy, along with bonuses upon making a deposit.
There are a few advantages you can get when using PayPal for depositing and withdrawing funds to and from your account. To sum it all up, they are as follow:
- PayPal is considered as one of the safest and most secure means of online banking. By using PayPal on your online casino account, you don’t have to worry about your personal information being exposed to the public.
- You can expect your transactions to be completed immediately, allowing you to play your favourite games right away after successfully completing a deposit.
- It is very easy to use