PayPal is one of the most used payment methods in the country. It operates as an electronic wallet - eWallet - with which you can deposit (and then withdraw) funds to make virtual transactions.
It was founded in 1998 and in 2020, it was positioned as one of the most used payment methods in the country.
PayPal acts as an intermediary to protect your data.
One of our favorite aspects of this payment method is that it acts as an intermediary between your bank card and your casino account. So you don't have to worry about having your bank details in an online casino - we can also assure you that the casinos we review on our site are reliable.
Pros and Cons of Using PayPal in Online Casinos
Advantages of using PayPal
✓ PayPal is very secure
PayPal acts as an intermediary between the casino or betting website and the customer, so you only have to share your bank details with PayPal - instead of sharing them with every internet casino you register with. For many, this is a great advantage because it limits the number of websites where you leave your details.
✓ Registration is simple
Registering with PayPal is very simple, you just need to provide an email address, and you can deposit funds into your PayPal account by bank transfer or card.
✓ They have a high standard
PayPal takes care of fraud, so the standard for choosing its partners is very high, so if your chosen casino offers PayPal, you can be sure that the casino is reliable and safe.
Disadvantages of using PayPal
You must be a PayPal user
To be able to use this electronic wallet, you must have a PayPal account beforehand.
They can charge commissions in some cases
If you link a credit card, PayPal may charge you a commission for transferring funds to your account.