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Paypal

Our Rating: 4/5
  • Launched in 1994
  • Free Sign-up
  • Accepted in over 90 countries
  • Deposit limit: Min$50-Max$10,000
  • Supports 23+ currencies
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Introduction to PayPal

PayPal is one of the most thriving payment methods in the entire world because it has earned an excellent popularity over the internet. PayPal is without any doubt the most extensively used eWallet and it has gained its reputation among many online casinos and other business, because of its ease of use, flexibility, security and its widespread international acceptance. PayPal enables global ecommerce with over 84 million active accounts in 190 markets throughout the world.

Regulations & Safety Standards

PayPal is certified as a money transmitter on the basis of state-by-state. PayPal is focus on some of the rules and regulations ruling the financial industry with the USA PATRIOT Act and Regulation E consumer protections.

PayPal uses SSL technology to hold your personal details and bank account numbers from being viewed by the person that you are paying.

Other advantages of using PayPal

  • Ease of registration as opening the account takes only a few minutes
  • Capability to execute transactions without transmitting bank account or credit card information
  • Outstanding purchase protection
  • Also accepted at thousands of non-gambling sites and service providers
  • No need to refill your account with funds as this payment method can be used straightaway

How to sign-up or create an account?

Opening a PayPal account is quite easy. From the PayPal account registration page, choose Personal or Business Account, and then select your country. Next, on the PayPal Account Sign Up page, enter your details and follow instructions. After that, PayPal sends you an email confirmation your registration. When you get the email, click the link to visit the PayPal site. Enter the password that you applied to create your account and then proceed for payments.

Funding options available

There are several funding options available for you –

  • eCheck
  • Instant Transfer
  • PayPal balance
  • Debit Card
  • Credit Card

Fee charges for deposits & withdrawals

If you have a personal PayPal account to send or receive money online, you don’t have to pay any amount to manage your account except you are exchanging foreign currency. Though US users who request for payment via cheque are usually charged a fee of around $1.50

If you are a merchant who gets payments via PayPal or have a premier account, you have to pay a percentage of your receipts.

Countries supported by PayPal

PayPal supports around 193 countries in the world, such as -

Argentina, Austria, USA, UK, Iceland, Australia, Netherlands, Norway, Japan, Sweden, France, Germany, Greece, China, Brazil, Chile, Finland, Italy, Singapore, and many more.

Currency options available

What makes PayPal a world famous payment method for online deposits is the fact that it supports multiple currency options such as –

CAD, Euro, GBP, USD, Japanese Yen, Mexican Peso, Russian Ruble, Thai Bhat, Czech Koruna, AUD, NZD, Danish Krone, Turkish Lira, Singapore Dollar, Swiss France and many more.

Technical & non-technical support by PayPal

From queries about account opening to merchant tools, the PayPal customer support team is always ready to assist you. The customer support can be reached via phone, email, live chat, and FAQs.

 

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