PayPal as a Banking Option

There are a lot of important factors to consider when choosing an online casino. Sure, the selection of games and bonus offers are crucial factors, but what about a casino's banking options? Before signing up with any gambling site, it's crucial for new members to read the fine print, to avoid unpleasant surprises down the road.

Popularity of PayPal

PayPal was founded in 2000, and was originally intended to serve electronic auctions, and within a few short months, it was being offered in more than 1 million auctions on eBay. Once PayPal merged with eBay in 2002, the company really took off. The paypal casino has been active in promoting its deals and games. So far, the casino has had much success. They have managed to persuade a large number of players that they provide a platform that can be trusted to deliver high quality games. With subdivisions in California and Nebraska, and headquarters in Singapore and Luxembourg, PayPal has more than 164 million users in 190 countries worldwide.

Sign Up for PayPal

Creating an account with PayPal is super simple. First, choose a country and preferred language. There are three account options to choose from: personal, premier, or business. Members must submit some personal information and submit an active email address, to which PayPal will send the account confirmation. Once members agree to the privacy policy, the confirmation will be sent to the email address provided.

Banking with PayPal

PayPal is easy to figure out, which is why it's so popular. Most of the big names in online gambling list PayPal as a banking option to make things easier for casino members. Players can use preexisting funds in the PayPal account to make deposits, or transfer funds to the PayPal account from personal bank accounts. Likewise, casinos can transfer money to the casino site account, or directly into the PayPal account.

PayPal is a popular banking method, but not all online casinos offer it. Read over an online casino's terms and conditions page, and banking methods before signing up.