PayPal is a very safe and efficient way to pay in online casinos or webshops. Worldwide, the payment method is used by over 277 million people. PayPal is an excellent alternative to credit card payments and offers attractive purchase protection. To use PayPal, the creation of an account is required.
On the PayPal website, you can open a private or business account free of charge. To do this, you only need to enter 2 data: an email address and password. Once the PayPal account has been created, you link it to a bank account or credit card. For verification purposes, a small amount will be deposited into your account. If you want to make an online payment, click on the PayPal icon and enter the given email address and password. The amount will then be automatically debited from your bank account. Do you prefer not to do this? Then you can use the balance on your PayPal account.
PayPal is seen as a very safe payment method. PayPal uses secure encryption to protect your financial information, and you can also claim your money back in case of a scam. The use of PayPal is free. Fees are only charged if a money transfer requires conversion to a foreign currency. PayPal charges 2.5 to 4% on top of the exchange rate.
How fast to deposit and pay with PayPal
Paying online at a PayPal casino is very easy and fast. Deposits with PayPal are processed immediately so that the online casino has the money within seconds, and you can play instantly. You can also request cashouts from the casino where you play. Exactly how long this takes depends on the casino, but in general, you can expect the amount of money won quickly in your PayPal account. You will also receive an email when someone transfers money to you.
Please note that this information varies from casino to casino. Please check the casino for the correct payout information. For quick payouts, it is often necessary to do an id check.
PayPal history
PayPal was founded in 1998 under the name Confinity in the United States. A few years later, in 2002, the online payment system was taken over by eBay. This purchase was exciting for the webshop because more than half of the online shoppers used PayPal. In 2015 eBay withdrew its hands from the payment method, and PayPal continued on its own two feet. Dutch consumers have been able to pay online using PayPal since 2006, and it is now one of the most popular payment methods (alongside iDEAL) in our country.
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