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PayPal is one of the leading names in electronic digital currency deposit services worldwide and highly popular when gambling at online casinos.
PayPal is completely free to use to make payments online at a variety of different vendors. In recent years, it has become a favourite depositing method by many premier gambling sites.
The use of PayPal as a depositing method at online casino sites is limited to countries outside of the United States, Canada and Australia. PayPal works like a separate checking account for use at online vendors.
A user will deposit money into his or her PayPal account via bank transfer, debit card or credit card and then use the money at online casinos. PayPal users can also link a credit card to the account so that PayPal can make automatic withdrawals when it is used as a depositing method at online casinos.
This ensures that sensitive credit card information is shared with only one site when making payments online.
You can choose to use your everyday PayPal account that you use for all internet transactions with your PayPal online casino, or you can open a totally separate account with a different credit card that you use for dedicated casino play.
Doing that will also help you regulate the amount of money you spend, and keep track of your winnings easier. Make sure your PayPal account has money in it, or is connected to a bank card for funds.
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This is the one and only time that you provided any banking info at all. After that, you simply need to enter your PayPal username and password and log-in to transact.
All these reasons are what make PayPal a very attractive choice for online consumers and particularly to online gamers.
Because money is moving in and out of casino accounts all the time, and these are big ticket amounts, players value a PayPal casino where they can use their favourite digital wallet.
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We all know that getting your money out of a casino is a lot harder than putting it in, but a casino with PayPal withdrawal changes all that.
In some cases, withdrawals via PayPal can even be in your account within just a couple of hours. This easily beats the speed of any withdrawal via debit card or bank transfer.
Just keep in mind that a small fee may be charged for receiving money. Because of this, sites that use PayPal are often some of the fastest payout casinos out there.
This varies by each site but should take place within hours. PayPal has a very good track record when it comes to safety. Many security features are in place to protect your money and they are very strict about the kind of sites they partner with — as they quote here:.
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