PayPal as a payment method: How it works

PayPal is a payment system for Internet commerce which can also be used in online casinos that accept PayPal. The benefits of this system are, firstly, the quicker processing during check out and, secondly, the potential buyer and seller protection, the customer and provider preserved against dubious trading. But how does Paypal actually in detail? We will tell you.

PayPal: So the payment works in detail

An annoying scenario: you purchase via Internet platform goods and pay for them, as usual, via online bank transfer, but the goods simply can not get to you. Is exactly where the “register” PayPal comes into play because the system will be refunded in this case, your payment. In addition, the new payment method offers maximum safety in the handling of banking information on the internet. Data theft and abuse are effectively excluded because the system is certified. But how does this actually work? The security account forms a kind of bridge between your own account and the Internet. Does PayPal provide maximum safety?

Creating an Account

On the companies website, you can choose between three variants of account. If you are the commercial retailer, thus select this kind of account, as a pure purchaser clicks on this account opening request. To play PayPal Casino the minimal purchaser account is enough. There is also the possibility of a buyer-seller account that offers both versions at the same time. After clicking on “Create Account”, the system requests personal information from you, this includes entering the bank information or a credit card. To set the linking here to your account. To activate your new account, you need in the final step confirm your identity. For this purpose, the system makes twice a payment on your private bank account, whose value you type “Confirm an Account” on the Paypal page after logging in below the button. Now you can safely buy and sell.