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How to pay with PayPal in online Casino in 5 Simple Steps
Because PayPal is the most accepted form of e-wallet payment method for online Casinos, it is important to know how exactly to work with PayPal. Even though PayPal is very popular, there are some critical factors that you need to consider while using it as a Casino payment method.
So, to pay with PayPal in the online casino just follow the steps below:1. Create an account
Creating a PayPal account is a straightforward task all you need to do is fill an online form on the website with personal details using your preferred email.
2. Check the minimum deposit amount
On average most Casinos have a minimum deposit amount of between $10 and $20.
3. Check Transaction Fees
Casinos do not usually charge their players a depositing fee but charge a withdrawal fee instead however not all Casinos are that generous, and that is why it is still important to verify if that is the case, e.g., Betfair charge a 1.5% deposit fee.
4. Check Withdrawal restrictions
Even though most Casinos allow deposits through PayPal, some have callous policies on withdrawals that restrict any withdrawals higher than the initial deposit amount.
5. Check the attached PayPal deposit bonus
Some Casinos give deposit bonuses for subscribers who use PayPal. It may therefore in your best interest to try out some of these sites giving you the gambler up to 15% bonus on your deposit one such Casino is Playtech.
Future of PayPal Casinos
If you are a US gambler, PayPal perhaps is not your best friend. Most states in the US have policies restricting the use of PayPal as a withdrawal and deposit avenue for online Casinos. Even though this may be the case now, PayPal is working its way into this market and considering its efficiency and security PayPal will take over the US market just as it has done in Europe. There is, however, a light at the end of the tunnel considering that some states such as New Jersey and Nevada have already embraced the use of PayPal and I am confident that many other states and countries are soon going to follow.