Paypal Casinos | Online Casinos that accept Paypal for deposits &/or Withdrawals
Paypal is a brand known the world over today not just by online gamblers. It is the biggest and most popular E-Wallets in the world and has pioneered the e-wallet system so that internet users can make safe transactions without needing to put their credit card details online.
Paypal was founded back in 2000 and is currently based out of San Jose California. Over the years Paypal has secured the lion's share of the E-wallet market and today has more than 150 million users and allows their members to conduct financial transactions in over twenty currencies.
Paypal has always relied on the safety and ease of its sign up system. It pioneered the safe online financial exchange that has been so important to sites like ebay where individuals are trading with each other. In fact Paypal has gotten so big that most people don't even realize that there are other e-wallets out there.
How it Works
Paypal is really easy to set up. All you need to do is go to the paypal website and sign up for an account. The registration of a paypal account requires the use of a valid debit or credit card. You have to authorize a transaction where paypal charges your card for a miniscule amount of money and then refunds it to you. This sets up your account to be able to make and receive payments and then you are good to go. Every paypal transaction you authorize only needs your email and password but this is completely safe as every movement of your paypal account is tracked and you are informed every step of the way.
Deposits via PayPal
Paypal does operate deposit and withdrawal limits.
- Deposit Limits:
- Fifty dollars minimum deposit.
- Five thousand dollar maximum deposit
- Ten thousand maximum deposit per month
- Withdrawal limits:
- You cannot withdraw more than 500 dollars without authorization.
PayPal is one of the safest methods of online payments that are available today. Security is paramount to PayPal and has always been its top priority. PayPal uses advanced fraud detection systems and SSL encryption technology. In addition to this even if you get ripped off by someone's paypal account you can file a claim and get your money back.
Pros of PayPal
- Excellent customer support
- Instantaneous transaction.
- User to user transactions.
- Username and Password for payment.
- Paypal is also available on your mobile phone