Paypal has been the most widely used modes of online payment for many years. Features such as fast payment processing, easy to use platform and the acceptance of Paypal around the world is the reason for its success.
Additionally, Paypal is a sign of trust for many people. The ease with which one can get his money refunded is also a major plus point.
While online casinos have grown to be very popular these days, most of them do not accept Paypal, which is one of the most popular online payment methods.
Additionally, the casinos that accept Paypal as a mode of payment are trusted by many. Thus, they have a large user-base. In this list, you will find the online casinos that do accept Paypal as a funding method.
Paypal’s integration with an online casino makes the whole process a whole lot easier. However, there are a few bumps here and there. The biggest snag is that not all online casinos accept Paypal as a mode of payment.
The rules imposed by Paypal on the online merchants are stringent. This is done to keep the quality of service in check. If a platform has any issues concerning its overall security and reliability, then Paypal cannot be integrated on that platform.
Additionally, even after Paypal has been implemented on a platform, if any complaints are raised against the platform, then Paypal will ban and cease to work on that particular platform.
For the gambling providers, the issue with Paypal casino integration is that Paypal works only with the online casinos that have a gambling license in the country of the player. This means that a player from America can only use Paypal to fund his account if the online casino has obtained a gambling license from America.
This acts as a major blockade for online casinos as a considerable amount of money is required to obtain the license. As an online casino would be available worldwide, getting a permit in every single country would be a major burden for these platforms. Thus, making integration of Paypal a problem.
Although the online gambling providers see the integration of Paypal as a major roadblock in their path, customers see Paypal casino as a sign of trust.
Even though Paypal casinos are some of the most used online casinos, online casinos that accept other modes of payments are also quite popular. Some of the most popular alternative modes of payments are:
1- Credit Cards: All Visa and MasterCard credit cards are accepted in all online casinos. Many users prefer to use credit cards due to the high level of security, convenience, and security that it offers. Additionally, the range of bonuses and discounts that these cards offer is simply icing on a cake.
2- Bank transfer: This is another universal mode of payment across the online world. All online casinos accept this as a mode of deposit. Additionally, this is also the most used mode of withdrawal as well.
3- Other e-wallet providers: While Paypal is the most used e-wallet service, other wallet providers are also integrated with online casinos. Apart from local e-wallet providers, you will also find other e-wallet providers such as Netteller and Skrill accepted in many online casinos.