What is PayPal?
PayPal is one of the top-ranked e-wallets. It’s an American company providing payment services globally. Due to its global reach, many casinos accept payments via the wallet.
PayPal takes pride in its users’ safety and convenience. For this reason, it has become one of the best electronic payment methods.
About its origin, PayPal was established in 1998. It was later acquired by eBay in 2002.
Since then, the company has tremendously grown. It now has millions of users worldwide.
PayPal’s success may be linked to several things. First, the e-wallet allows you to automatically link the PayPal account to your bank. That way, you can easily transfer money from the PayPal account to your bank account.
This translates to faster transfers compared to traditional methods like money orders.
The second success factor for this company is safety. PayPal’s secret to rising to the top lies in formulating a chain of security measures.
Robust anti-phishing and anti-hacking systems are installed. For example, two-factor authentication is needed for a transaction to process. Moreover, your bank account details must match your PayPal account details for a withdrawal to occur.
With these, incidences of identity theft on the platform are unheard of. This has made it a darling to many.
To use PayPal you need to open an account and fund it. Setting up a PayPal account is easy, as we’ll see in subsequent sections.
Once the account is active, link it to your bank or credit card. This will make topping up easier.
As an online gamer, linking a credit card to a PayPal account allows you to make automatic withdrawals. It also enhances privacy. After all, your credit card information is shared with that particular casino only.
With a funded PayPal account, authorizing casino payments will be a breeze. The e-wallet allows you to make payments through
- PayPal balance
- PayPal credit
- Debit or Credit cards
- Bank account
- Rewards balance.