In its simplest terms, a PayPal casino is an online or mobile gambling site which offers PayPal as a main or periphery banking option. PayPal casinos comes in all shapes and sizes, and offer a huge variation of games, features, promotions and bonuses, but all share one key features – they allow players to deposit and withdraw using one of the most convenient and easy to use online payment services that exists anywhere.
PayPal is an e-wallet payment option for PayPal casinos which allows you to link credit cards and bank accounts directly to your PayPal account, and then facilitates deposits, without the need for you to re-enter your banking details, or share any sensitive data with the PayPal casino itself.
The company itself has its roots way back in 1998 when it was launched, and really shot to fame in 2013, when eBay bought the company for a record breaking sum of cash. Pretty much from the beginning, the online gambling market saw the value of the payment method, meaning that PayPal casinos have been a thing pretty much as long as PayPal itself has existed.
Things really stepped up a gear with the invention in the late 2000s with the rise in popularity of mobile gambling. The services made it super easy and convenient for players on the go to make payments and withdrawals on small screens, without the need for entering long card or bank numbers. That’s why PayPal casinos were among the first to make the evolution into mobile. These days, the majority of mobile gambling sites are PayPal casino, accepting the service either as a main payment method, or as a side option.
The whole point of PayPal casinos is taking advantage the ease and convenience that the payment service offers; making a deposit or withdrawal using this payment method really couldn’t be simpler. Firstly, all you need is a PayPal account, which you can set up and manage by going to the PayPal website.
Here you can add as many credit or debit cards, or bank accounts directly into your account, and it’s these from which PayPal will draw money when you make a deposits at PayPal casinos, or put money back when you make withdrawals
When you get to the PayPal casino itself, making a deposit is super easy. You simply have to choose PayPal from the list of banking options, select the value of the deposit you want to make, and then, when the interface comes up on the PayPal casino screen, simply enter your username and password. The payment will be made instantly, and you can get playing right away. Withdrawals work pretty much exactly the same, but in reverse.