PayPal is an electronic payment system that was founded in 1999. It is one of the popular e-wallets that the best online casinos in the iGaming industry accept. With the method, you can make deposits and withdraw winnings convenient at PayPal casinos. In this extensive article, our experts will explain how PayPal casinos work and the different features you need to know about the payment method. In addition, you will find detailed information on how to set up a PayPal account as well as the deposit and withdrawal process using the options at online casinos. So let's dive right in.
How to Set Up a PayPal Account
Before you can start using PayPal for transactions, you need to create an account with the payment operator. The account creation process is easy and does not take too long. To get started, visit the operator's website, www.paypal.com, and click on the Sign Up for Free button. You will be redirected to the registration page where you have to choose an account type and fill in your basic details. Once your account is ready, you may need to provide some verification documents and link your debit card. After that, you are free to start using the account to make payments online.
Setting up a PayPal account is free of charge. In fact, PayPal is one of the e-wallet options that charge users' lower fees for transactions. But you should be aware that there are two kinds of accounts available, consumer and merchant. If you intend to use PayPal for funding your online casino account and performing other personal transactions, then going for the consumer account type is the best. The merchant account is for companies and firms that will be receiving money as a business entity. Note that the fees that apply to consumer and merchant account type differs.
- Creating a PayPal account is free
- Low fees on transactions
- Multiple currencies available
Now that we've explained how to set up a PayPal account, let's walk you through the deposit and withdrawal process. To deposit money, simply log in to your casino account and click on the "Deposit" button in your "My Account" section. This will display the list of all the banking options that the betting site supports. From the list, choose PayPal as the option you prefer and enter the amount you wish to deposit. Complete the transaction by authenticating in your your PayPal account. The withdrawal process also follows a similar procedure but you will be clicking on the Withdraw button instead of Deposit.
Top PayPal Casinos to Join
With so many online casinos accepting PayPal, you need to choose the best one to enjoy a quality gaming experience. There are some factors that you must consider before you join any PayPal casino. The first and most important is the licence of the betting site. Make sure the casino operates legally and has at least one valid licence issued by a known regulatory authority. Besides that, consider the different kinds of games available in the operator's lobby. The best casinos offer numerous games such as video slots, blackjack, live dealer games, roulette, baccarat, online poker and video poker.
It is also vital that you consider the promotions that are currently running. Generous online casinos offer players mouthwatering bonuses that can lead to more winnings. This ranges from welcome bonuses, free spins, cashback bonuses to match offers. If you are satisfied with the licence games and bonuses, go ahead and check the customer support offered. Can you get help at any time at the casino? What support methods are offered? these are valid questions you should find answers to before signing up. If you are interested in the best PayPal casinos, you can consider ComeOn Casino and BetWay.