Latest PayPal Casinos

PayPal is one of the most reliable services used for the transfer of money. It is a convenient way for monetary transactions, that is secure and fast. It encrypts your transactions and financial details to protect you from any identity theft and fraud. PayPal is free to sign up and its app versions seamlessly send to and receive money from other users of PayPal. It is a simple way that helps you pay for your subscriptions and bills. Initially, PayPal charged money from all its users, but now many of its services are free to use.

March 19, 2021  

PayPal is an e-commerce-based service that allows the parties to conveniently make payments by transferring money. The sign-up process is intuitive and fast. PayPal keeps the information of its users safe. The receiver of the payment does not get sensitive information about your bank account or credit card. You do not have to be insecure about making payments to people you do not know.

Important Facts

The new technologies support the banking sector too so that you can accept payments using all categories of debit cards and credit cards safely and securely. This way, you can accept payments in-store, online, or via bank. You can also send your invoices to your customers via email.

Availability of PayPal

PayPal is easily available in more than 200 countries in the world, including all developed countries. However, some of the developing countries do not have this service. Those countries include Afghanistan, Myanmar, Pakistan, South Sudan, Saint Lucia, Libya, Lebanon, Iraq, Iran, Ghana, and many other countries in the African region.

Currencies Accepted

PayPal supports more than 20 currencies that include the Japanese Yen, the Euro, the U.S. dollar, the British Pound, the Swiss Franc, and the Canadian Dollar.

Information Needed

If you want to receive money via PayPal, this service must be available in your country. You need to sign up on PayPal to receive payment. If PayPal is available in your country and you have also signed up for it, all you need is your phone number and email address to receive money.

Documents Needed

You must also link your credit card, debit card, or bank account to PayPal to make it fully functional.

Wallet limits

Though you can send an unlimited amount of money via PayPal, in a single transaction, you can only send an amount up to $10,000. However, with an unverified account, you can only send a limited amount of money.

Set-up Time

It takes two to three days for PayPal to process your account when you connect your bank account with it. Initially, PayPal only allows you to deposit small amounts in your PayPal account that you enter from the website of PayPal to confirm that you are the owner of that account.

Why Choose PayPal

It is easy to sign up and use PayPal. You also do not have to enter your details every time you use it. It is a popularly used app, for which you should not necessarily have a merchant account. The fee for PayPal is less in comparison to other merchant accounts.

Moreover, you can use PayPal in conjunction with several other shopping cart systems. It is better to use PayPal than any credit card or debit card as the online frauds associated with them have increased recently. There might be a fee for conversion of currency when making a purchase from an international store with a credit or debit card. Moreover, you also have to enter your credit and/or debit card information many times on the internet when making transactions which increase the chance that your information gets hacked.

How to Open a PayPal Account for Yourself

PayPal has a hassle-free sign-up process and you only need to enter your first name, last name, phone number, address, and email address. For the security of your account, enter answers to two security questions that PayPal asks during the sign-up. Next, associate your credit card/debit card or bank account with your PayPal.

Casino Deposits and Withdrawals

The advantages of PayPal and the security of financial information that it offers make it a popular choice for monetary transactions in online casinos. If a casino uses PayPal for monetary transactions, then you can safely assume that it is a legitimate site for gaming.

The new PayPal casinos are a preference for several players as it is a secure and safe method for making deposits. Here you will find the best casinos ranked by the player for 2021 who use PayPal. Because of the hard policies of PayPal, not all casinos have adopted this service. But the online casinos that do use this service are licensed operators, giving a secure gaming experience to the players.

Top 5 PayPal Online Casinos

1. Genesis Casino — Best Choice

Can you deposit and withdraw using PayPal?

To receive the money sent to you via PayPal, you must only give your email address to the sender. The email should be the one with which you signed up for PayPal. You must also ask the sender about their PayPal email address to receive money from them. The process of requesting the receipt of sent money on PayPal is also simple, convenient, and intuitive. For that, you should log in to the PayPal.com website, where you will find a "Request" button on the right side. Press the “Request” button and enter the email address of the sender in the relevant box. After that click the Next button. In the next window, you will be directed to enter the type of currency, the amount, and an optional note. After filling in that information, you should press the Request Now button.

Disadvantages of PayPal Casinos

PayPal is not available in some countries. For instance, in the USA, the payment that is sent to you from certain Eastern European countries, Africa, and the Middle East may not be accepted. You also must deposit a fee for transferring your payment from PayPal to your bank account. You incur a fee every time you transfer money from your PayPal to your bank account.

There have been cases when PayPal froze accounts of users. In that situation, the funds become unavailable for a long duration of time. PayPal is not available for all types of online casinos, which are the ones that offer games not defined as gambling by the law. It has been noted that the customer service of PayPal is weak, and it is difficult to contact their customer service department.

PayPal FAQs

1. Does PayPal charge you a fee for receiving money?
Yes, you do have to pay some fees to receive the amount.

2. How much time does PayPal take in transferring money to the recipient?
The recipient receives the sent amount instantly with PayPal.

3. Does it take long to transfer money from PayPal to a bank account?
Generally, it takes about three to five business days in transferring your amount from your PayPal to your bank account.

4. Do you need a bank account to open PayPal?
No, you can receive money from PayPal via credit card or debit card.

5. How secure is PayPal?
PayPal one of the few safest methods for online monetary transactions.