PayPal is a good way to fund your online casino account

Depositing money at an online casino in order to play casino games has become easier and easier so that now virtually any form of payment you can think of is catered for but the most popular method remains the e-wallet of which PayPal casino is the oldest and best known. PayPal is today owned by eBay which acquired it in 2002 and they operate in nearly 200 markets around the world and have approaching 200 million accounts in 20 currencies. In Europe PayPal is registered as a bank in Luxembourg which is where the European Headquarters are whilst International Headquarters are in Singapore. To fund your online casino with PayPal is just about as safe an option as you can get; PayPal casino makes a lot of effort to ensure security and with so many customers they must be doing something right. (more…)

PayPal Casino

PayPal has become such a familiar word in the internet language that everybody assumes everybody else knows what it is and what it does but for the sake of those that do not; PayPal is what is known as an e-commerce business which facilitates money transfers through the internet. When making purchases on the internet or in our case making a deposit into your online casino account, instead of submitting your bank and credit card details to the vendor or online paypal casino you simply give details of your PayPal account and they facilitate the transfer of funds. The advantage of the system is that you only give bank and credit card details to one point which is PayPal and you can use the account virtually anywhere on the internet or a PayPal casino; certainly at any of the online casinos that we recommend. PayPal is not a bank therefore in order to make a transfer you will need to have the money in the PayPal account but that can be funded in a variety of ways including the usual credit and debit cards.

PayPal as a company has been around for a while but it was the coming of age of eBay that really sparked it to life where it was the preferred payment system of over 50% of eBay users which resulted in it being bought out by eBay in October 2002 with headquarters in San Jose, California but in Europe it is a Luxembourg based Bank with an office in Dublin.

PayPal today is one of if not the largest internet payment providers in the world operating in nearly 200 markets and managing somewhere approaching 200 million accounts in up to 20 different currencies. There is no doubt that it is a huge company built upon the internet and providing secure money transfer and payment services for many different PayPal casino providers . PayPal operates in a very similar way to a bank account except that there is no overdraft facility; they will pay anybody that you instruct but you must have money in the account to start with. You can fund your PayPal account in many different ways such as cheque, credit card, debit card, direct debit etc or if you are an E-bay user you can sell stuff and get buyers to pay by e-bay which credits your account. The big advantage as previously stated is security in that you can use a multitude of internet sites to make your purchases (deposits to PayPal online casinos) without giving your card details to any of them; once you have your PayPal account and have given them your details that is all you need. Another hidden advantage is that for reasons known only to themselves banks have taken to making a charge for credit card transactions to gaming companies whereas a payment to PayPal carries no charge. PayPal makes a small charge for each transaction but nowhere near what the banks charge so it is generally more economical as well.
If you do not have a PayPal account it is well worth getting one whether you use it to make deposits to your online casino site or not. Purchasing stuff on the internet is becoming more and more commonplace and everybody accepts PayPal; if you are thinking of funding your PayPal online casino account then it is also a good solution; it is easy to deposit and more importantly it is also easy to get your winnings transferred back into your PayPal account and subsequently to your own bank account if you so wish. There are a number of similar e-wallet solutions but PayPal is certainly the biggest and most widely accepted.

PayPal could be better than credit cards for online gambling.

Have you ever been in the situation whereby you have used a credit or debit card to deposit money into your online account, you have made a small profit or if you are lucky a large one and wish to withdraw some only to find out that you cannot credit the same card because it has to go to a bank account and what is more, it will take a few days? The answer may be a PayPal casino. (more…)

Think twice when choosing an online casino deposit option

The internet has undoubtedly changed the way most of us manage our everyday lives, but it has also created a number of relatively new problems particularly in relation to personal and financial security issues. Internet fraud and identity theft are both becoming increasingly common problems all over the world, and although it would be easy to blame any of the huge technology companies or the banks the bottom line is that we all also have a personal responsibility to protect ourselves as far as we possibly can. Every time we use the internet, including for example when we visit an online casino site we just need to be aware of the risks however small they might be. That caution is obviously even more important whenever there is an online financial transaction involved because it usually requires us to provide the site operator with some financial details which are not necessary when doing the same thing on the high street. Clearly playing casino games at an online casino inevitably falls into that category of financial transaction because we need to decide which of the many available deposit options we are going to use to fund playing the games. When choosing how to fund playing casino games online however it is not just the security issues we need to take into account, some of the potential deposit options will actually cost you money. Every online casino offers their customers a wide range of deposit options which have been designed to suit as many people as possible, but at least one of those options would certainly not be the best choice for most people. When it comes to purchasing goods and services online a credit card is often the best way of paying for them because of the built in insurance policy offered by the banks should anything go wrong. When it comes to paying money into an online casino account to fund playing casino games however, a credit card is probably the worst of all the available deposit options. Clearly there is no insurance policy which would cover any potential losses from playing casino games, so that reason for using a credit card as an online casino deposit option does not apply. It is also important during discussions about the best way to fund playing casino games online to point out that using a credit card is effectively gambling with borrowed money even if you regularly pay off the whole balance every month. If that is still not enough of a reason to forget the credit card as a way to fund playing online casino games, it will also cost you money.

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