PayPal is an Indian payment gateway that you can use to deposit and receive money. Lucky for the online casino players, PayPal is also one of the most widely accepted digital mechanisms for depositing money in online casinos.
This blog will tell you everything you need to know about using PayPal in online casinos.
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PayPal has time and again proven to be one of the most loved payment gateways for Indians as well as players across the world.
There are multiple benefits of using PayPal for depositing money in online casinos, such as:
You can create a PayPal account free of cost. The registration process can be fully completed without asking for any financial details.
It is one of the most accessible payment gateways for online casinos in India due to its ease of registration and use.
After filling out a few of the most basic details, you will have a fully functional account ready to make instant transactions.
One unique feature of PayPal that makes it a very safe and secure avenue for financial transactions is that it uses Secure Socket Layer (SSL) digital encryption.
So when you use PayPal for casino deposits and withdrawals, you have dual-protection offered by the casino's safety guidelines as well as PayPal's SSL certificate.
There are other channels of communication open, such as emails, that allow PayPal to inform you when there is any transaction on your account or if there has been some unusual activity.
You'll rarely find any online casinos, if any, that don't accept PayPal as a credible method of depositing money. You can depend on PayPal to be accepted in all the online casinos you prefer.
Players and casino owners alike trust PayPal due to PayPal's strict compliance with company policies and the code of conduct it holds.
PayPal deposits are very quick, so you can play all your favourite casino games sooner. You do not have to wait for a standard couple of hours for the deposit transaction to be finalised, as with the case of bank transfers.
Similarly, withdrawals via PayPal are faster- the money will be credited to your bank account in as little as 24 hours- which is much better than all of PayPal's competitors.
As mentioned above, PayPal follows a strict code of conduct when it comes to gambling with responsibility. It only serves as a valid payment gateway to those gambling casinos that have valid licenses in the country of residence.
So, as an Indian player, you can use PayPal only in those online casinos that are legally licensed in India.
There are multiple options you have to keep your e-wallet recharged before you can use it to play your favourite slots in an online casino. You can link the following sources to your PayPal account:
Currently, PayPal does not support Maestro cards. Use a Visa, MasterCard, Discover, or American Express card to deposit via PayPal.
To use PayPal as the method of transaction in the online casino of your choice, simply select PayPal in the 'payment methods' section and 'transfer funds.' Always remember to set a predetermined limit on all your transactions.
Similarly, you simply have to click on 'withdraw money' under 'PayPal Balance' to credit your funds.
Conclusion
We can strongly support the claim of PayPal being the champion in terms of handling financial transactions, ever more so in the Indian online casino context.
Casinos like Royal Panda, Yeti Casino, Jackpot City, etc., offer inviting incentives to players to use PayPal. It is a great option for secured and instant payments.
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