Credit, debit, and prepaid cards are the most popular payment methods at online casinos. That’s the result of people using these instruments on a daily basis to pay for goods and services. However, veteran punters and savvy gamblers know that e-wallets are superior banking instruments and rely upon them for deposits and withdrawals. PayPal stands out from the crowd as the most effective payment solution when you seek fast, inexpensive, and 100% reliable banking instruments.

Sign up for an account for free

The first and most important step players need to complete before they can use PayPal at online casinos is to sign up for an account. This process takes only a few minutes and there is little information you need to enter to verify it. Proof of address and residency isn’t required right from the start, although you need to verify your payment method. This is done by PayPal charging a tiny amount and players are expected to use the corresponding code to confirm the transaction.

Signing up for an account is free and even the money charged to verify the debit or credit card is returned after the verification process is complete. When you make a deposit to the online casino account, you are not charged any fees, so the entire sum goes through. This is one of the main advantages of using an e-wallet such as PayPal since you don’t have commission eating away at your bankroll. Most operators don’t have any fees for cashing out, but this differs from casino to casino.

Use your PayPal account or card

Every PayPal account is linked to a bank account, which in turn, can be tied to a credit or debit card. There are two ways to make a money transfer to the online casino account using PayPal. You can preload the e-wallet with the funds and then transfer them to the casino. The advantage of doing this is that you can also use them for other online expenses, to shop for goods or services. The same account can be used to deposit to several casinos or place orders from Internet merchants.

An alternative way of using PayPal to make a casino mobile payment is as a conduit for your credit or debit card. If you don’t have enough funds in the e-wallet, you will automatically be advised to transfer funds from your bank account. This is the one you link during the verification process, so the transaction is performed automatically. The waiting time is minimal and you can have the funds available online in a matter of seconds if your account is verified and in good standing. 

PayPal is an exceptional solution for mobile device owners because it also has a dedicated app you can download and install. This application enables you to access funds at any time and perform transactions seamlessly and securely. If you use PayPal frequently, this is a better solution than using the website interface to deposit and withdraw winnings.