Founded in 1998, PayPal has never advertised to promote their business and this approach has worked very well for them. In 2002 they were purchased by eBay and at this point they were already the preferred method for shopping there by 50% of eBay’s customer base. PayPal is among the leaders in e-wallet service for the entire online world, its name synonymous with safety and security for transactions.
A PayPal account will be needed to make an online deposit but odds are very good that the majority of people that can use this method already have one in place. For those that do not, by selecting it as a deposit method on a casino website, the user will be redirected to the main website to open the account. This takes very little time to fill out the short form and fund the account either through a linked bank account or credit card.
Once the account has been set up and the bank account information input, PayPal will make two small deposits to the account for verification purposes. These will take a day a day or two to show in the user’s account. When they do, a verification link which will be received in an e-mail needs to be followed and the amounts entered in the proper fields.
This allows them to verify that all the linked account information is correct for funding and withdrawals. PayPal will also allow for multiple bank accounts to be linked along with credit cards to a single account. This greatly simplifies where the funds come from and where they can be sent to as a drop down menu allows the user to select the origin or destination account.
The online account can then be funded and used to make a deposit on any casino website that accepts it for payment. In order to make a withdrawal, the reverse of the deposit procedure will be needed. One advantage to PayPal is that they offer verified customers the opportunity to apply for and receive a debit card for their online account.
The debit card is backed by Master Card and gives the account owner immediate access to their funds without the need to withdraw the funds to their linked bank account. The withdraw process can sometimes take 3 to 4 business days to complete where the card is immediate. The card is good for use in ATMs and cash machines around the world.
PayPal offers 24/7 support via its website in a variety of ways. There is a member forum where questions may be asked and answered and an automated system that can answer most frequently asked questions. Should an issue arise where a live operator is necessary, you must log into your account and request their phone number. When this is done, you will be given a PIN number that is good for one hour along with the direct phone number for support.