PayPal started its activity in 1998, under the name Confinity and rebranded in 2001. In over 20 years, the American company established itself as a leading money service which operates worldwide, having amassed no less than 254 million users by 2018. With 25 supported currencies from over 200 countries, PayPal can be a legit payment method for online casino sites fans.PAYPAL CASINOS
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Chipy Guide to PayPal Casinos
ADVANTAGES OF CHOOSING PAYPAL
Instant Deposits and Quick Withdrawals
Once you’ve picked a PayPal accepting real money casino to play at, you need to find PayPal in the Deposit Methods section and go through a very short process: enter the amount you’d like to deposit, provide your login details when required and that’s it. Your funds will be available immediately!
If you want to withdraw money using PayPal, it’s even easier. You only need to provide the email address assigned to your personal account and you’ll receive your money in no more than 24 hours!
Ease of Use
If you choose to use PayPal, you won’t have to input your details each time you want to transfer funds to and from casino accounts. All you need is your email address and password, which makes the processes of depositing and withdrawing with PayPal much less time-consuming.
Using PayPal at a real money online casino will only require you to provide your personal email address, which means your privacy is protected for every transaction.
If your account’s currency does not match the casino’s, PayPal will automatically convert these, requiring a fee which should not cross 4.0% above the base exchange rate. The fee varies depending on your location and the currencies involved.
Reasonable Fees & Transparency
While PayPal is mostly free to use, there are some fees you should know about. These apply in various situations, such as sending cross-border personal transaction payments, receiving payments, currency conversions, withdrawing funds and more. All the information you need can be found on their Official User Agreement page, so make sure to read everything before performing transactions!
Given the impressive number of PayPal users, the company employs the best safety measures to make sure their clients’ funds are in good hands. They monitor all transactions and go the extra mile when it comes to protecting your privacy. Furthermore, all the data is encrypted using the latest technology. All these precautions make PayPal a legit payment method for online casinos.