PayPal is one of the easiest to use online payment services, but until you try it you might be wandering how it works exactly. The truth is that the process takes a few seconds, but only if you have already added a card to your PayPal account, something that we’re going to cover a little bit further down the page. Now, let’s check out the steps a player need to take in order to make a deposit at an online casino, if they already have an active PayPal account.
How to Deposit?
If you have a PayPal account with an already connected card or cards, then you can make a deposit at any online casino that accepts this payment method in a matter of seconds. Simply log into your casino account (or register if you still don’t have one) go to the casino cashier and select PayPal as your preferred payment method. Enter the amount you want to deposit and confirm it. You will be safely redirected to PayPal’s official website where you’ll have to enter your email and password to finish the transaction.
Once you’ve confirmed the deposit at PayPal’s website, you can go back to the casino cashier and you will see that your account is already topped up. Now you are ready to start playing for real money and claim the bonus that the casino you’ve chosen offers.
Deposit and Withdrawal Limits
While you’re making a deposit, you will most probably see a notice around the box where you have to enter the deposit amount, saying that the minimum deposit is £10 or £20. In fact, as all other payment services, the deposits and withdrawals made via PayPal have certain limits which may vary from casino to casino. Usually the minimum deposit is £10 while the maximum is £5500 per transaction. Same goes for the withdrawals. As far as the timeframes go, the deposit are instant, while the withdrawals are subject to internal checks at the casino, which might take from 2 to 5 business days. Usually, the withdrawals are processed and executed within 72 hours, but at some casinos it may take even less.
What If I’m New to PayPal?
For those of you who don’t have a PayPal account yet, but have decided that this is the payment service they want to use, we’ve decided to add this ‘beginner’ section at this page. Here, we’ll take a look at all the necessary steps you need to take in order to open an account at PayPal and then, to add a card so that you can make instant deposits at online casinos and shop online whenever you want. We’ll also take a look at the advantages and disadvantages of using PayPal and discuss what else you can do with this payment service besides depositing and withdrawing at real money gambling sites.
How to Set Up an Account at PayPal and Add a Card
Setting up an account at PayPal is quick and easy, just like opening an account at any other site. Simply visit PayPal’s official website, click on the ‘Sign Up’ button and fill the registration form. Use your real details so that you can later move funds to and from your account without any trouble. The registration is absolutely free and you don’t need to top up your account immediately. Still, if you want to be able to use it to shot and make safe payments online, it’s best to link your debit or credit card to your PayPal account, as it is shown in the following
Also it’s good to know that in most cases PayPal will require you to confirm your credit or debit. As soon as you add the card, PayPal will make a small transaction from your bank account to your PayPal wallet. In the transaction details you will see a four-digit code that you have to use to verify your card. Once you’ve entered the code, PayPal will return the small charge to your card. This is a procedure created to verify that you are really the owner of the card and thus prevent the use of stolen or lost cards.
- Customer Safety Guaranteed
- Anonymous Payments
- Instant Transactions
- Android and iOS Apps
- Great Customer Support
- Low Maximum Deposit Limits
- Not All Casinos Accept PayPal
- Some Services Have Charges
About the Company – Why You Can Trust PayPal
PayPal is one of the biggest online payment services in the world, available in 202 countries and supporting 25 currencies. The company was founded in 1998 and became public in 2002. It’s traded on the NASDAQ Stock Market and it was last valued at 46.6 billion dollars. In the UK, it is licensed by the Financial Services Authority as an electronic money issuer which is yet another proof of the trustworthiness and security of the company.
|INFORMATION ABOUT THE COMPANY BEHIND PAYPAL|
|Company:||PayPal Holdings, Inc.|
|Traded as:||NASDAQ: PYPL|
|Headquarters:||2211 North First Street, San Jose, California, United States|
|Markets:||See Full List of Supported Countries|
PayPal has strict privacy and security policies which guarantee the customers’ safety. One of those is the Buyer Protection Policy which allows customers to open disputes within 180 days of purchasing an item or a service and then get their money back. This is yet another proof of the trustworthiness of the company which always strives to give their customers the best possible services.