The speed of the internet has created numerous modern payment methods since the millennium turning. However, not all could have been established and partially disappeared after a short time. This fate is PayPal not only spared, but rather this is in its origins Already in 1998, E-Wallet developed with almost 300 million users worldwide in his field of market leaders.
Reason enough to deal with PayPal and also in relation to Online Playcluses To present PayPal more precisely.
What is PayPal? Information and facts for payment provider
By a merger of precursor companies Confinity and X.COM was created PayPal in 2000 in California San Jose. After already positive beginnings, PayPal received a big boost with the takeover by eBay. From then on, the development to the market leader took right. In the course of its expanded PayPal in all important countries and has been in many online stores to a standard payment method.
In 2015, the separation of eBay and an IPO took place. Since then, PayPal is led to the NASDAQ as its own share and has long been independent of eBay a success story. PayPal is an electronic wallet, also called E-Wallet. Central point at PayPal is the e-mail address, all the payments to go. Possible is both the shipping and the reception of money.
Most commonly, however, is the use as online payment funds, for which it is sufficient to enter the e-mail address and the associated password. Prerequisite for this is, however,, that previously a bank account or credit card with the PayPal account has been linked. In turn, PayPal returns to the payment processing more or less designed money. Big advantage of this concept is that the payment is done immediately and delivery times can be significantly shortened. And even whoever uses PayPal in the online casino, can accordingly immediately after the paid credit.
safety & Seriousness
In addition to the speed of payment processing, it is a great advantage of PayPal that If the payment process does not require sensitive data such as the bank account or credit card number are. As well as the encryption technique, which is always up-to-date, helps do not worry about security at PayPal.
The awarded by TÜV Saarland as a secure online payment method also speaks for itself. Especially with online purchases, is also also Buyer protection a very customer-friendly institution. If used in the online casino PayPal, the buyer protection, however, has not been valid since 2016. The reason for this were obviously abuse experiments of customers who receded to suffered gambling losses of PayPal and sometimes even got right in court.
How PayPal Deposits work in the online casino
Accepted an online casino PayPal, deposits could hardly be easier. In the first step, it is sufficient to select PayPal as a payment option in the corresponding menu. Subsequently, external forwarding to the PayPal website, in which after a login with e-mail address and password, the payment must be confirmed by mouse click. Within a few moment, the paid money should be available in the casino.
Online Casino PayPal provider
Currently it is not possible to pay as a US casino customer with PayPal. After the company has already exposed the PayPal buyer protection for casino payments in 2016, in 2019 initially individuals Online casinos locked for PayPal payments. Since October 2019 US players can not pay their assignments generally no longer via PayPal. The reasons for this are officially unknown. On the one hand, however, it has been mooded that PayPal reluctantly related to Gambling want to stand. On the other hand, it is also important in terms of Germany as a conceivable that the design of the coming Gambling State Treaty is waited.
Who in the online casino PayPal preferred as a payment form, must definitely be about to look for alternatives at least until further notice. For real-time payments, however, are now among other things Skrill, Neteller, Giropay or the Instant bank transfer Various other options to choose from.
Bonus for PayPal deposits
Since currently no payments are generally accepted on this way, there is no PayPal bonus. In the past, if in an online casino PayPal basically as a payment method was available, as a rule also by Casino bonus granted.
Fees at PayPal
Registration at PayPal is also basically free of charge as the use as a buyer, where payments can be exempted in another currency than in euros. Fees are otherwise due, but only charged only to the seller or payback. Now in rare cases it happens that online stores do this cost on the buyer and demand a small surcharge for PayPal payments. If you want to use in the online casino PayPal, should clarify in advance, whether fees are incurred. This is controlled differently by provider to provider and can be the case.
Payments via PayPal
Payments via PayPal are completely complicated, but only on a deposited and verified bank account or a credit card. Who has credit on a PayPal account, this can easily debit this by mouse click. Until the money is available on the bank account or credit card, but can pass a few days. Payments via classic bank transfer are free. For a sofort takeover and for
A debiting on a credit card calculates PayPal a fee of one percent of the payout amount, but at least 0.25 euros and not more than 10.00 euros.
Benefits of PayPal
The biggest benefits of PayPal are certainly the Speed and the comfort of the payment processing. To be able to pay at the click of a mouse, makes online shopping for pleasure, especially since on request a burden on the bank account can only be made 14 days later. Of the Buyer protection is another big plus, thanks to which you do not have to worry if the seller is guilty of consideration. And last but not least, PayPal allows its users one reasonably anonymous payment, However, the deposited bank or credit card details are not passed on during transactions.
As already mentioned, currently can not be paid in online casinos with PayPal. Here we have a number of providers that you have one Casino bonus without deposit grant. Try it.