People who want to play at online casinos for real money obviously need to transfer funds to their casino account before they start playing. Online casinos accept various types of payment methods, so that people from across the globe can easily fund their casino accounts and start playing.

One of the most popular and secure online money transfer systems accepted by most casinos is PayPal. If you’re interested in other deposit methods, click here.

One downside for the past few years though is that even though PayPal is available to residents of the USA, no US casinos or betting sites were allowed to accept it as a deposit or withdrawal method. That changed recently though (September 2015), and PayPal re-entered with US market (albeit it very gently). Now, in states where online poker is legal, you can pay with PayPal and it can also be used at some daily fantasy sports sites.

WHAT IS PAYPAL?

PayPal is an online money transaction service that enables you to make and accept payments without divulging any of your financial information. This service is available in 180 countries across the globe. Also, 18 different currencies are supported by PayPal. So you can enjoy all the exciting games on your favorite casino, without worrying much about the financial transactions involved.

PayPal is by far the most popular way to send money online and has a great reputation for being a safe and secure way to pay for things online. There are rivals to PayPal such as Skrill and Neteller, but there’s no doubting that PayPal is the original and best. In fact it’s so good that eBay bought it, and now the vast majority of purchases on eBay are paid for through PayPal.

HOW DOES PAYPAL WORK?

PayPal operates like a digital wallet in which you can securely store all the payment options, like your credit card and bank account. To make a payment, you just have to click on the PayPal button on a site, log in to your PayPal account and make a deposit. Because of its wide reach, most of the e-commerce sites allow consumers to purchase various goods and services using this service. To set up a PayPal account, all you need is a valid email address and a bank account or credit card.

Once you have a PayPal account, you can make use of your debit or credit card to fund it. Then, you can fund your online casino account using PayPal simply by clicking on relevant link on the site. After you have entered all the details, PayPal transfers the specified amount to your online casino account, without divulging your account login and credit/debit card information. The screen shot below shows how things work on Bet365, which incidentally is one of the best PayPal casino sites on the interweb.

BENEFITS OF USING PAYPAL

One of the most import things that people look for when choosing an online casino is the security of the online transactions. People choose a particular gaming site only when they are assured that all their financial transactions will be highly secure. PayPal online casinos offer a perfectly secure online transaction system as PayPal never shares any of the banking information with the online casino. You do not have to worry about the process of currency conversion either, as it is automatically handled by the system.

Besides, most of the online casinos do not charge you any fee for depositing via PayPal. Also, the process of transaction will be completed more quickly when compared to other deposit methods. I’ve never had to get a refund from PayPal for a gambling transaction but I did have to get a refund when I ordered a garden shed and it never arrived.

What happens is you file a complaint with PayPal and they give the seller or merchant about a week to respond. They then evaluate that response and decide which side is in the right. In the case of my garden shed, the company never responded and PayPal refunded my money!

asino players from the United States have numerous problems when trying to find the banking method and online casino that suit their style of play, since even the top electronic wallets that allow US customers to open an account usually prevent them from using it for gaming purposes. However, paypal withdrawal method not only offers their services to players from the United States, but ensures that all payouts from this e-wallet after the US players withdraw casino winnings using paypal are completely free of charge.

Non-US customers may or may not be charged a small fee for every withdrawal from their PayPal account, which depends on their location. For example, UK players can also count on free payouts when using electronic transfer, but they will be charged £5 should they require faster withdrawals.

In order to avoid any future problems, you are required to provide correct and complete info when opening your PayPal account, since a number of non-US residents have opened US accounts in order to avoid any fees when requesting a withdrawal. The mere fact that over 94 million people use PayPal for making online payments proves that online casinos with paypal withdrawal are completely safe.

Paypal withdrawal method is so popular that it is accepted at the majority of online gambling venues, meaning you should have no problems finding online casinos with paypal withdrawal. Should you happen to encounter any problems in the process, you will be glad to know that best online casinos that accept PayPal will be featured in this section.