PayPal is one of the deposit methods casinos offer. Depositing money to new casinos online as well as the established casinos using PayPal is painless. Below are some of the advantages of this eWallet.
First, PayPal is a trusted brand. From a survey by Morning Consult, PayPal is the second most trusted brand worldwide after Google. Unlike these little-known payment companies, PayPal is a household name with an incredible 361 million active users as of 2021.
Besides trust, PayPal has uptight web security. The company deploys military-grade encryption to protect gamblers' bank and credit card information. There's also a Purchase Protection policy.
Another benefit of PayPal is its affordability. There are no costs associated with owning or running an account - just sign up for free. The transaction charges are also lower compared to the competition.
PayPal is also flexible when it comes to the limits. The daily transaction limit is $5,000, while the monthly limit is $40,000. This is fair compared to other eWallets.
Last, PayPal is very efficient. The company has a robust infrastructure that ensures deposits are blazingly fast. As a result, players don't have to wait for ages before money reflects in their accounts. Typically, processing PayPal deposits to casinos takes just a few minutes to hours.