Undoubtedly, Paypal is the world’s leader in online financial transaction. Although compared to other online services, Paypal is relatively younger. It has become the mode of online transaction of millions of online stores worldwide. Users also use Paypal as a mode of money transfer or even donate to different websites using Paypal. The company started in 1998 which received relative success. But eBay’s acquisition of Paypal has expanded the company’s operation at exponential level.
Paypal is very easy to use, there is no sign-up fee and the account could start receiving funds right after the account has been created. Although there are other fees, the payment is very tolerable. For uses who wanted to transfer their Paypal credits to their own bank accounts, they have to pay the minimal amount of to activate this feature and this is only paid one time. Because of eBay’s help and boost in online sales, it has practically become the official mode of payment in eBay and other online stores. There is an estimate of more than 153 million accounts being controlled by Paypal. The money is available in more than 17 currencies and local accounts are available worldwide.
Live Casino PayPal
A good live casino should provide its players with the best possible payment methods – if possible, then of course the popular online wallet PayPal. Until a few years ago, the payment provider refused to cooperate with any provider of gambling at all. In the meantime the strict limits have been relaxed again, so that it will be possible for you to make payments in the live casino via PayPal. However, we must admit that the selection of PayPal Live Casinos is still quite manageable today.
We must especially emphasize that a live casino that works with PayPal gets something like a seal of quality from the payment provider. The requirements for a partnership are very strict – even stricter than those of most alternative online wallets, such as Skrill and Neteller. This does not mean, of course, that these companies are less concerned about the seriousness of live casinos.
Advantages and disadvantages of PayPal Casinos
PayPal is today actually known to every Internet user. So you don’t have to be a gambling professional to know the virtual wallet and its advantages. The number of PayPal customers has risen to several million in just a few years – a fact that speaks for itself. Live casinos that are allowed to offer PayPal receive a kind of seal of quality with this cooperation, because even at this point in time it is far from being a matter of course that the wallet operator will enter into a cooperation with gambling companies.
- All payments are booked in real time
- Security & seriousness of PayPal
- Regulated and licensed providers only
- Also payouts to PayPal possible
- No buyer protection according to PayPal guidelines
- Limited limits on payments