Understanding how Paypal works will help you understand how to make a deposit into your online casino account using Paypal as your payment solution of choice. Paypal is a third party e-wallet solution that allows you to make financial transactions online. Paypal and casinos work for the ease of the transaction process and the security it offers to people who are transferring money over the Internet. While there are many payment solutions available today, few are as simple and user-friendly as Paypal. In order to use Paypal you just need an email address and a credit card or bank account.
In order to be able to use Paypal to fund your casino account, you must first have opened a Paypal account. You just need an email address to do this. This is a fast and simple process and can be done online via their website. You will also need to fund your Paypal account and this can be done via a bank account or a credit card that you have attached to it. You can use wire transfer, VISA, Master Card, VISA Debit or Maestro Debit to fund your Paypal account. Once this is done, you will be ready to use Paypal at casinos that offer this payment solution.
Once Paypal has been set up you can visit an online casino that offers it as one of their payment methods. Go to the cashier section of the casino and click on Paypal as your method of choice. You will then be redirected to the Paypal website in order to complete your transaction. You will need to fill in the required information in the fields provided such as your personal details and the amount you wish to transfer. Confirm the transaction and the funds will be transferred in real time to your casino account. You will be able to begin playing for real money using these funds almost instantly. Paypal also makes withdrawals possible although this option is not available at all online casinos. Some only casinos that offer Paypal may only allow deposits, while others may allow deposits and withdrawals. There may be a fee involved with using Paypal to fund your online casino account; however some casinos absorb this fee allowing you to use Paypal at no cost when funding your casino account.
Many people are now using Paypal and casinos that offer this payment solution are in demand. The transactions are done in real time which means that the transfer of funds is immediate from your Paypal account to your casino account. This allows you to start playing immediately with no delays of waiting for funds to clear that you might find with other payment solutions. The fact that you are transferred to the Paypal website in order to complete your transaction means that you do not need to share personal and financial details with the casino. The third-party solution helps to protect your privacy.