With 100 million active accounts in 190 markets, PayPal is regarded as a frontrunner in electronic wallet services around the world. PayPal is entirely free of charge, thereby making it a very popular choice as an online payment method, gambling deposits included! Note however that the service is limited to countries outside of Canada, Australia and the United States.
PayPal uses encryption software to facilitate financial transactions between computers. Therefore, anyone with a valid email address can use the service to:
Funds can be sent to any email address holder whether or not they have a PayPal account, but they can only access the funds through a PayPal account linked to that email address.
As you would with a pre-paid account, you first have to fund your PayPal account using a credit card or bank transfer. To regulate your spending and keep track of your winnings you can even open a separate PayPal account linked to the bank card used specifically for your online gambling activities.
PayPal has made the process of creating a user account extremely easy. You can either go to their website or through or their mobile app, and register as follows:
Whilst you are logged into the casino’s cashier page, look for the PayPal logo in the suggested payment methods. One clicking on the logo you will automatically be redirected to a page that will ask for your basic information and the required deposit amount. Upon confirming the payment, it will instantly be transferred to your casino account and the transaction will reflect in your PayPal account.
Undoubtedly, PayPal is a swift well recognized payment method for transferring cash, accepting online payments and even to manage online money. But despite offering so many facilities, the Australian online casinos offering PayPal are fairly restricted so we had our work cut out finding which online casinos would accept PayPal as a form of purchasing casino credits. There are definitely certain valid reasons behind such disapproval.
In the online casino world, operators look for the best and easiest methods for their customers to deposit money at their Australian online casino operations so be rest assured that if PayPal is not an option when depositing at the casino, they will then have a multitude of other safe deposit options from which to choose.