Paypal

Back in 1998, PayPal was called Confinity. This tech startup had a simple goal – to allow users to send money to each other using their email addresses. Shortly after, in 2002, it merged with X.com, and thus PayPal was created. A few months after its public launch, eBay acquired PayPal for over €1.30 billion and integrated it within the online marketplace. PayPal secured many important partnerships with reputable financial services like Mastercard and VeriSign in the next few years.

In recent years, PayPal was again in the spotlight, albeit for a different reason – PayPal casinos. The introduction of casinos that accept PayPal would benefit millions of gamblers worldwide. The company is available in more than 200 regions and 25 languages, making it the most popular payment method worldwide. PayPal works in a pretty straightforward manner: log-in and pay. What makes it great is that you don’t need to type your bank or card details every time you want to make a purchase. PayPal saves and encrypts this data, allowing you to pay in mere seconds.

Even though it’s very simple to use, PayPal is one of the most secure payment providers users will find. To achieve this, they use multiple safety features, including:

• 128-Bit SSL encryption that ensures your details can only be seen by PayPal and you
• PayPal and its partners are Payment Card Industry Digital Security Standard (PCI DSS) compliant
  
• 24/7 transaction monitoring
  
• 2-Factor Authentication
  

All of these make paying at a PayPal casino a hassle-free experience.

Digital Wallet

Besides paying with your card or bank directly through your PayPal account, this provider also features a digital wallet to which you can transfer funds. Using PayPal as an e-wallet lets you make payments faster when playing at a PayPal casino.

App

PayPal also offers its users an innovative mobile app with the same features as the desktop version. Users can send and receive money and manage their accounts from their mobile phones. Using the app is especially beneficial if you’re playing at PayPal casinos, as you can authorise all payments with a single device.

PayPal One Touch

One Touch is a special feature that’s starting to be used in some online PayPal casinos. The concept is simple – reputable services, such as casinos, can save your PayPal data, allowing one-click payments when necessary. You won’t need to log into your account every time you want to make a deposit.

PayPal.Me

This service isn’t used in casinos that accept PayPal, but it’s still impressive. It lets users create a unique custom link to request money from anyone, anywhere.

Choosing a PayPal casino can be difficult due to the many websites available. However, there are a few things you can do to help you make an informed decision. Check out the most important parameters you should be aware of before you register at a PayPal casino:

Even though PayPal is considered the best payment method for online casinos due to its speed and safety, it has a few drawbacks. Please take a look below and see what to expect regarding limits, fees, and restrictions on PayPal payments.

Limits

PayPal’s minimum deposit and withdrawal are on par with other methods. For Irish PayPal casinos, the amount is usually set at €10 for deposits and between €10 and €20 for withdrawals. The maximum amount for PayPal payments is around €5,000 for deposits and €10,000 for withdrawals. This can hugely depend on the casino, though. You may also be required to provide identity verification before proceeding with high-value payouts.

Fees

Of course, payment providers must charge fees to stay in business. Luckily, PayPal doesn’t have deposit fees like other traditional methods. Yet, there are a few fees you can expect:

Restrictions

If you use PayPal for online casino payments, you won’t face many restrictions. Restrictions vary between casinos, but generally, they’re based on the following:

• Some casinos don’t allow players to claim bonuses when using PayPal
• PayPal buyer protection isn’t available for casino deposits, which means you can’t refund transactions after you make a deposit
  

PayPal is great for deposits and withdrawals, thanks to its quick processing times, taking no longer than a few minutes.

Despite this, payments can sometimes be withheld for many reasons. In these cases, contacting customer support should be your first option. Held payments are usually unlocked in under 48 hours.

Before you play at a PayPal casino, you need to create an account with this payment service. Luckily, getting started is incredibly easy and won’t take more than a few minutes. PayPal online gambling is only a few clicks again. Here’s how to do it:

1. Visit paypal.com website or download the app;
2. Start creating your profile;
   
3. Enter personal details;
4. Make a deposit and your profile is ready for payments.

• PayPal is one of the most popular online payment methods in the world, and is used by millions of people on a daily basis.
• Paypal is accepted by a large number of online casinos, and is a convenient way for casino players to deposit and withdraw funds.
  
• Paypal is a safe and secure payment method, and offers buyer protection in case of any problems with a transaction.
  
• Paypal transactions are instant, and there are no fees charged by Paypal for casino deposits or withdrawals.
  
• Paypal is available in over 200 countries, and in 26 different currencies.
  
• Paypal can be used to fund online casino accounts in a matter of seconds, and withdrawals from casinos to Paypal usually take 1-2 days.
  
• Paypal is a convenient payment method for casino players as it can be used to make deposits and withdrawals from a single account.
  

• In 2018, there were over 2.9 billion transactions made through PayPal, totaling $712 billion in payments.
• PayPal is available in 200 countries and 26 currencies.
  
• PayPal has over 277 million active accounts.
  
• In 2019, PayPal processed $582 billion in payments, an increase of 24% from the previous year.
  

The Casinoireland.com team always strives to offer users the most accurate and up-to-date information. To make this possible, the authors and editors of the portal use reliable and safe sources of information:

• PayPal (Wikipedia)

The article complies with all editorial principles of Casinoireland.com. In case of inaccurate information, please contact the Casinoireland.com editorial team.