In the world of online payment methods, PayPal is one of the giants. The American company supports online money transfers and is one of the best alternatives to traditional money orders. Established in 1998 as Confinity, it eventually merged with X.com, an online banking company found by billionaire entrepreneur and engineer Elon Musk.
Musk made PayPal one of the best online payment methods with widespread use in different industries. A safe and secure online banking method, PayPal eventually found its way to online casinos. The online gaming industry now treats PayPal an equal to traditional payment methods such as Visa and Mastercard thanks to its quick cashout policies and safety measures implemented.
There’s a PayPal casino around every corner of the web right now. Nearly all gaming sites feature it as a payment method and even recommend it to other methods. Thanks to the ease of use and quick deposits and withdrawals, it is the method we strongly recommend as well.
Many factors make PayPal a winner in the industry, not just its convenience and reliability. We’ve compiled a list of major reasons why you should use PayPal to fund your account and withdraw money online.
Security
The decisive factor for most people when they use an online banking method is security. That shouldn’t come as a surprise. We’ve all been witnesses of data breaches and leaks that could endanger your bank account and no one wants to lose money. When compared to traditional banking methods such as credit and debit cards, PayPal is far more secure.
Money transfers made via PayPal always reach their destination. PayPal’s website is a virtual stronghold with numerous measures in place that make it impenetrable. You should also keep in mind that we’re talking about a reputable company here that wouldn’t risk its reputation by offering anything less than top-level security.
Availability
PayPal is one of the most widespread online banking methods in the world. It can be used in over 200 countries and new ones are added to the list as well. Furthermore, although many sellers don’t accept the majority of web wallets, nearly any business accepts PayPal transactions and that’s one of the method’s biggest selling points.
Convenience
You know what we love about PayPal the most? All your private details are tucked away on secure servers so you don’t need to enter card details every time you make a transaction online. All your private details and transactions are encrypted and monitored and with it, your privacy is guaranteed.
Customer Support
As a company, PayPal promises top-level customer support to all its users. If you believe that something’s gone wrong with a transaction or your account, you can easily get in touch with PayPal’s customer service team and it will surely handle things quickly. The customer support service is always open and can be reached easily via a number of channels.
Buyer Protection
“Protection you need and peace of mind you deserve” – that’s how PayPal advertises its famous Buyer Protection service. Buyer protection means you’ll be reimbursed for certain things bought online that have been falsely advertised or didn’t arrive at your doorstep on time. PayPal will even reimburse you for getting knockoffs listed as originals.
Of course, this only applies to smaller things such as books, DVDs and the likes. The company will not reimburse you for luxury transactions such as cars or real estate.
Available in Nearly All Online Casinos
If you love playing for real money in online casinos, PayPal’s the way to go. You can use it to make instant deposits and pretty fast withdrawals too. Winning is great, but getting your winnings in a flash is even better, and that’s exactly what PayPal offers.