Chances are, if you have ever bought anything over the internet, you’ve used PayPal. With the American giant a world leader in online payments, the majority of online retailers see their business conducted with PayPal who have a revenue of over $13 billion.
Where can you use PayPal
PayPal is most closely associated with online auction site eBay and the two companies were merged early in the 2000s but diverged once again a few years ago. Whilst paying for your online shopping with PayPal is extremely common, you can also use it for your online sportsbook account after PayPal reversed a decision which saw them refuse to sanction transactions involving online gambling outlets.
One of the beauties of using PayPal is that chances are, you already have an account with them so linking it up to a bookie is a relatively painless task. Nearly every major bookie will offer PayPal as an option and deposits are very quick, with the only step being logging into your PayPal account
Withdrawing your winnings via PayPal is incredibly easy, just go to withdraw as you usually would, but select the PayPal option. It is worth noting that you can only withdraw to your PayPal account or one of the bank accounts linked to your PayPal account.
Once you have withdrawn your winnings from the bookie, your PayPal account should be topped up within 24 hours, but most of them are done fairly instantaneously.
PayPal is a genuinely fantastic way of funding your online gambling as there are no fees involved and many people feel safer using PayPal rather than having their accounts linked to a bank card. The process of setting up PayPal with the bookie of your choice couldn’t be easier and with deposits processed instantly and withdrawals fairly speedy as well, PayPal offers a nice neat service to gamblers.
The company is renowned for their security measures and whilst lots of online companies are becoming the victims of online hackers, you can rest easy knowing that your details will be safe with the firm. One other benefit is that there are no fees when depositing or withdrawing from your PayPal account, there is just a small delay as you wait for the money to land back in your account.