PayPal is most often used as a debit card payment method, but also as an e-wallet. This International payment method is mostly used for making financial transactions online, whether it’s purchasing items online, or transferring money. Since this is a well-known and trusted online payment, it is regularly offered at online casinos. While PayPal is also seen as an e-wallet, do keep in mind that you have to pay for your account, whereas with Skrill and Neteller, this is not a necessity.
Payment Method: PayPal
Using this payment method, you have to register for an account and pay an account fee. Afterwards, you can transfer money from your bank account to this debit account for free. While this account may also be an e-wallet similar to Neteller and Skrill, payments through PayPal are not as quick, unfortunately. This is, however, one of the safest online payment methods, and the transfer amount is free. You can also request a payment card to use this account other than online payments.
How to Deposit using PayPal
When you choose to deposit using PayPal, you simply click on the logo and type in your depositing amount. You will have to type in your username and password to log into your account. From here, you can see how much is on your account, and thus how much you can deposit. By clicking on confirm, you will have deposited the amount into your bank account. Since these payments are not always instant, you might have to wait a bit before the money is on your casino balance. Since PayPal is a relatively international payment system, you will most likely find this payment method at every online casino that you visit.
- Similar to E-wallet
- Only Debit, no credit
- No transaction fees
- Internationally used
- Pay for account
- Waiting times for balance on account