If you want to play online casino games with confidence but do not have the credit or debit cards to back up your wager, then using an online casino PayPal account may be a good alternative for you. PayPal is one of the most popular e Wallet payment options. It can securely transfer funds directly to your online casino account without hassle. It is accepted by almost all online casino websites, as well as online payment processors like Google checkout, Xoom, Moneybookers, Paydotcom, etc. Another e-Wallet payment solution is Neteller, another e wallet payment solution.
Although most online casinos will accept PayPal as a payment mode, some only accept it for select online casino websites, or certain games, like slots. However, most online casino websites that accept PayPal also limit the latter from receiving promo codes that they typically hold. An advantage of using PayPal as a mode of payment is that your money will be deposited in your bank account within 24 hours of making your deposit.
Another reason why online casino PayPal deposits are faster than other modes of fund transfers is because you can make multiple deposits to your online casino account and use the money for gambling activities at the same time. This also eliminates the need to go to your bank and withdraw cash for gambling purposes. There are no restrictions on how you use the funds deposited in your bank account once you've made the deposit. Withdrawals for gaming purposes are subject to all the rules and restrictions imposed by the casino itself, so this is yet another benefit of using PayPal as a mode of payment for online casino gambling transactions.
One disadvantage of using online casino PayPal as a payment method for online casino games is that it limits your ability to transfer funds between your bank account and your gaming accounts. You can use the money in your bank account to fund your gaming accounts but not vice versa. For instance, you make a deposit to your online casino PayPal account and use it to gamble, so you can use the money from your bank account to place your bets but not vice versa. If you want to place a bet on something and then transfer funds from your bank account, you will have to use your credit card to cover the withdrawal. Using PayPal to make transfers between your bank account and gaming accounts is an unwise decision as it does limit your choice of payment methods.
Most online casino websites accept both methods of payment for depositing and withdrawing funds. Some casinos do not accept online casino PayPal deposits at all or charge a transaction fee for them. However, most of the reputable online casino websites do use this payment method. This is one reason why online casino PayPal is such a popular payment method. Many gamblers use PayPal as their preferred method of payment for playing online casino games. It is also used for online casino payouts, which are deposited into your gaming account.
It is important to know that not all online casinos will accept deposits and payout with PayPal. Check reviews and forums on online casinos before making a selection. Online casinos that do accept deposits and payouts with PayPal are easier to find and more reputable.
