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PayPal is internationally recognized third party payment processor people can use on the Internet to do shopping or make casino deposits. There are hundreds online casinos that accept PayPal.

To be able to use it, casino fans must have verified PayPal virtual account on the PayPal website with existing funds in it.

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The biggest reason why casino fans prefer to use PayPal rather than credit cards to make casino deposits is because the payment option is very safe and secure.

You only need a PayPal account to add casino funds and the casino does not require any personal or financial details. In addition, there are virtually no fees to pay for using this deposit option and transactions are immediately processed.

From the point of view of gambling providers, the most notable fact about PayPal is that it works only with online casinos that have a gambling license in the country of the player.

For example, a user with a PayPal account from the United Kingdom will be allowed to deposit from his PayPal account only if the online casino has a gambling license in the United Kingdom.

All you need to get going is a valid email address. When it comes to actually using your PayPal account with online casinos, there are a few key points to bear in mind:.

Some online casinos will only allow you to deposit via PayPal, for example. Always be sure to check the small print before signing up to a casino.

Another aspect to keep in mind in this regard is the cashing out time. Countries where PayPal is accepted: Locations where you can usually expect things to work are: Remember that online casinos can only offer a PayPal functionality in those countries where they hold a valid gambling license.

Some online casinos give different amounts of deposit bonuses in percentage terms depending on which deposit method you use. Not all casinos are generous, however.

Some casinos will actually charge you a deposit fee for using PayPal. For example, Betfair charges a deposit fee of 1. As with anything in life, there are advantages and disadvantages to using PayPal with your online casino account.

PayPal is definitely easier to use than most other payment methods. PayPal is one of the juiciest targets for cybercriminals in the world but their track record in terms of security over the years is exemplary.

They regularly crack down on attempted fraud in both the online casino space and elsewhere. A sign of how robust their procedures are in general is that even during a major eBays security breach in , PayPal remained secure.

As mentioned previously, PayPal requires that casinos are fully licensed in countries where they wish to allow gamblers to use PayPal. This is good news from a user point of view as it means you know for a fact the casino is fully regulated.

The advantages are pretty impressive and we definitely recommend at least experimenting with using a PayPal account with your online casino.

There are, however, also some negative points to consider:.

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