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.