What is PayPal? Do you know what it is? Do you know if your online casino will accept it? Here is a simple explanation for you.
PayPal is an Internet payment processor that allows you to send and receive payments from PayPal accounts. When you sign up with PayPal, you get assigned a unique PayPal account number. It is that number that you need to check on any sales receipts or online transactions. PayPal is great. After all, it takes less time to pay your dues and make your purchases because it does not require you to verify or confirm the details you provide regarding your credit card or bank accounts.
How does PayPal work in online casino?
The first thing you need to know is that not all gambling sites and betting sites accept PayPal deposits. That's why you see listings everywhere for “PayPal accepted” or “PayPal funds transfer approved”. If your favorite online casino does not accept your credit card or e-wallet as a way of payment, then it doesn't want to be in business with you. Why would they want to do business with you if they felt you couldn't be trusted? These are the things you need to know when you're looking for payment methods on the internet. You also have to realize that some online casinos DO accept PayPal.
Can you gamble with any online casinos that accept PayPal? It depends on the online casino in question. Some only take cash deposits and others only take e-wallets. I would rather have both because there are occasions where I've won real money from PayPal but received it (usually in a check) from an e-wallet. This way I know I've won something in addition to cash.
One example would be a place like the online Bo Vegas casino. If I wanted to wager on the blackjack table, I'd wager a dollar. If I wanted to wager on craps, I'd wager whatever was easiest. If I wanted to play craps, I could use a credit card to withdraw money from my PayPal account or an e-walletwallet. Of course, if I wanted to use both wagers, I could just take the cash I won and put it into my PayPal account. And if I wanted to play both online casino games, then I just took out the money from both my e-wallet and credit card.
Now if you have a Paypal account or bank account, then the most likely avenue of payment would be through Paypal. However, there are other payment methods available for PayPal which also work for e-wallet and credit cards. These payment methods include Greenfield, WorldPay, Neteller, e-Wallet, and others. Depending on your preferences, you may use one or all of these payment methods. I personally only used PayPal for e-wallets and credit cards, as they have the best experience for me.
There are other ways that PayPal could be used with these other payment methods
For example, instead of going through the usual gateway that takes time to set up and use, you could use your PayPal e-wallet to get you started instantly. You could also use a PayPal credit card to set up your casino payments instantly. The choice is yours. It depends on your preferences.
So at the end of the day, if you want to use PayPal with e-wallets or your credit card, that's fine. There's no reason why you can't. But you should know about the different payment methods that are available to you. That way, you can choose the one that's best for you, and not PayPal casinos.