With the popularity of online gambling on the up, there’s a huge number of companies offering new banking methods at online casinos. And some of the most popular on the market are e-wallets. One of the most popular e-wallets remains PayPal. With some saying it’s the original and the best.
But what is a PayPal casino? And what makes PayPal the preferred payment method of many UK gamblers? Let’s find out.
What is a PayPal casino?
Simply put, a PayPal Casino is a real-money gambling site that offers PayPal games and that accepts PayPal. Also, PayPal casinos offer customers a simple and easy deposit and withdrawal method.
For more info, you can head over to this PayPal gambling guide. Here you’ll find lists of great casinos that accept PayPal.
Some of the benefits of PayPal include:
Instant, free deposits & quick withdrawals
They let you pay into a casino instantly and usually with no fees. Also, being an e-wallet, it also offers one of the quickest withdrawal times on the market.
Complete security
One of the most secure payment methods on the planet. One reason for this is that you never need to give out your personal or financial information to third parties when you use it. In fact, all you need to make a transaction at a casino is your username and password. So all your sensitive information is protected.
Convenience
Because you only need your username and password, it makes online payments seamless and fuss-free. Plus, you don’t even need to find your card or enter a long number. Furthermore, transactions are lightning-fast. And you can access your account via any device. Including your smartphone or tablet.
Available in multiple currencies and languages
PayPal also offers its service in many different currencies and languages. So this makes payments at offshore casinos even easier. And it also offers a good exchange rate. So that you can convert GBP into foreign currencies.
What are some alternatives?
Nowadays, there are lots of other e-wallets available to UK players. However, many of them offer similar products and services to PayPal. So there’s not too much difference between them.
Some of the most popular alternatives include:
- Skrill
- Neteller
- Muchbetter
- Ecopayz
- Apple pay (iOS customers only)
All of the above e-wallets are available to UK customers. And a lot of online casinos will accept payments from most of them.
However, be prepared to do some research on these products. Many digital wallets charge you to load your account with funds.
Furthermore, a lot of these brands also offer prepaid debit cards. So that you can make payments both online and offline. But, these also come with their own set of fees and charges. So always read the small print before you opt for any of these products.
Why do UK players continue to opt for PayPal at UK casino sites?
As we’ve seen, there are many reasons why UK customers keep coming back to PayPal. While there are many different e-wallets on the market, this one remains the most popular and more online casinos accept it than any other digital wallet. Furthermore, if you ever owned an eBay account, chances are you already have an account set up.
Plus, opening an account with them is completely free and, as mentioned, their deposits are instant. Add to that, their withdrawals are some of the quickest available anywhere. It’s no surprise that the popularity of this e-wallet isn’t going anywhere anytime soon. And with more and more UK casinos offering them as a payment method, there’s never been a better time to open up an account, if you haven’t got one already.
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