PayPal Casinos

PayPal casinos

PayPal casinos are by far some of the most popular casinos to choose from at Casinofy. How come? Well, that’s mostly due to the payment method being available at reputable and reliable online casinos but also because these casino payment methods have been tried and tested and are approved by licensing bodies. PayPal casinos are uniquely popular and are often sought out by players familiar with the advantages of utilizing online payment options.

The worldwide payment option is a preferred method of transacting money, to and from the casino and player, into accounts for a safer means of gaming online. As PayPal casinos understand the fundamental importance of safety, PayPal aims to continuously utilize the latest technology to maintain safer methods of transacting money online.

Here is everything you need to know about PayPal casinos and why they remain one of the criteria for players seeking out new casinos to sign with.

PayPal is one of the most popular online wallet services to date. Founded in 1998, the innovative idea was brought to life online and has since been a preferred method of transferring funds from accounts into a widely accepted eWallet.

The idea is to eliminate any issues regarding safety and security as PayPal’s reputation revolves solely around the safety of transferring money into the desired account. The internet-based service allows the user to deposit, withdraw, and transfer funds from their PayPal accounts to any casino that accepts PayPal transactions.

The electronic wallet is a popular means, allowing the advantage of many online casinos using this as a payment and withdrawal option.

PayPal casinos have an advantage over casinos that do not offer the payment system. This is mostly due to the popularity of the brand and players trusting in the quality that PayPal delivers and has delivered for over a decade.

What has made PayPal casinos the preferable option is that transactions from one account to the other reflect almost instantly. This allows the player instant access to funds and ultimately instant access to the chance of winning real money.

Another advantage of PayPal casinos is that because they are in such high demand, there are a number of popular casinos that have adopted the payment based structure thus making them PayPal casinos and higher in demand.

Usually, PayPal casinos have a more reliable payout structure which allows players the opportunity to request withdrawals into their PayPal accounts. This alone is enough to attract any player as both deposits and withdrawals can be done using one wallet and a safe one at that!

There are some minor drawbacks to using PayPal casinos though not many. One of the highlighted disadvantages of PayPal casinos is that the transactional fee is higher than most other eWallet payment systems. Some players look at these fees and depending on the amount they wish to deposit or withdraw, the fees can become substantially noticeable on larger sums.

The amount is determined not only by the PayPal casino but also by PayPal itself.

Another disadvantage, and possibly a more important one for some, is that some countries do not support this payment option. This makes it impossible for some online casinos to offer the widely desired safer method of transacting funds possible.

Though online gaming laws are evolving and more online casinos coming to fruition, PayPal casinos may still not be possible as the service is separate from casino gaming and only merge when the online casino adopts the payment option, which is specific to regulations of the country in question.

Choosing a PayPal casino requires only one step. You need to confirm that the casino of your choice offers PayPal as a payment and withdrawal option. Casinofy provides the most prestigious casinos, tried, tested, and licensed. For these casinos, you can choose your PayPal casino by searching for banking methods.

Do you spot the PayPal logo? There you go! It’s as simple and easy as that.

For casinos not listed at Casinofy, ensure that the PayPal casino has been licensed and audited to ensure that it isn’t fraudulent. Unfortunately, not all online casinos are legitimate. Although PayPal is a safe and secure payment method, there is no way to ensure that once your casino account has been funded, you will get your money back from an illegitimate online casino.