Using Paypal For Online Bingo & Slots
PayPal is perhaps the most well-known e-wallets and seems to have been around forever. It was spawned from Confinity in 1998 to become PayPal in 2001. A year later PayPal was acquired by EBay which used it as its main payment method which made PayPal a household name around the globe.
PayPal became a trusted payment method due to the popularity of eBay, making it easy for millions of to pay for purchases and sales of items sold on EBay.
PayPal is extremely easy to use for anyone looking to play online bingo or slots with many UK gambling operators accepting PayPal deposits from as little as £5. During the early days of PayPal usage for online gambling many operators charge a fee for PayPal deposits and withdrawals although nowadays most offer these services completely free of charge.
You can deposit and withdraw money from your PayPal account to your bank account at no cost. If you prefer to receive a check, there is a fee for a check to be issued. For an overview of all fees, log in to your PayPal account and click Fees at the bottom of any PayPal page.
PayPal boasts to be one of the safest ways to make payments online. With over 20 years of payment processing they have proved their security time and time again.
Main Benefits of PayPal Include:
- Complete buyer and seller protection agreement.
- 24/7 support including fraud prevention, email phishing and identity theft.
- Encrypted transactions using state of the art technology.
- Established across 202 countries
Using PayPal for Online Bingo & Slots
In the UK PayPal has become very popular for online gambling especially bingo helped of course by the fact that most people already have a PayPal account. Making a deposit to an online bingo site is very easy providing of course your PayPal account is in credit. Check out online bingo sites using Paypal.
How to Make a Deposit Using PayPal
Select the PayPal option from the site’s deposit method menu.
Enter the amount you wish to deposit (minimum £5 for most bingo sites)
Enter your PayPal username and password details, and then confirm your deposit.
Your account should be credited within seconds
Withdrawals from online gambling sites unfortunately are not instant as most operators have to process withdrawals before they are processed. PayPal withdrawals can take between a couple of hours and a couple of days.