Online Casinos Accepting Paypal
Online casinos accepting Paypal deposits very hard to find. This page provides you with all the information you will need on which, if any, online casinos allow players to deposit using their paypal accounts
Best Paypal Online Casinos & Bonuses
| Online Casino | USA | Match | Bonus | Download |
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Paddy Casino | 100% | $/€/£200 | Play Now | |
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Party Casino | 100% | $/€/£2000 | Play Now |
How to Open an Account?
Paypal is one of the largest and most widely used third party payment options on the web. Originally getting its fame from extensive use from sites like EBay; now though the site is exceptionally mainstream and one of the best payment account experiences online explorers can have. Account setup is quick and easy with basic identity information recovery necessary to help create your own account (name, address, phone number, email, etc.). Account setup also asks for a bank account or credit card to be registered with the account to provide the main method of funding the account. Being a widely popular site, Paypal boasts some of the most diverse and accommodating payment styles.
Verification and Requirements
Verification is required for bank accounts to be allowed to fund to and from them. This system of verification is similar to many other online third party payment systems; however those unfamiliar with it shouldn’t worry. Starting the verification process is easy and can be done whenever an account holder feels like it; usually prompts on the account page are present to remind the account holders. Upon initiating the verification process PayPal makes two small deposits, of under a $1.00 into your bank account. Then you must either call your bank or wait to get your bank statement to verify the two amounts that were deposited. When you enter the two amounts you can then use your bank account as a means of withdrawing and depositing funds. To increase limits additional questions including social security identification and or additional bank account or credit card verifications may be required.
Funding Methods
Paypal funding sources are numerous and that’s a great advantage to anyone looking to start using online payment methods. For one thing paypal allows bank transactions as a funding method and for most accounts it may be the only one ever used or needed. Paypal does however allow for the use of credit cards from any of the major credit card companies, including: VISA, MASTERCARD, DISCOVERY and AMERICAN EXPRESS. They also allow for money to be transferred from debit cards as well, for even more flexibility. Currency issues are also not a problem however additional fees based on the currency and amount may be incurred if the need to convert the money.
Fees and Cost
Money transfers from and to a US or International bank account by a Paypal holder is free of charge. However if there are multiple currencies and an exchange process needs to occur then an additional fee applies to the transaction. A fee of 2.5% is part of any multiple currency transactions. For deposits from credit cards there is a fee based on the amount of money sent from 4.9% plus $0.30. Debit cards are treated in the same regard as credit cards and are therefore subject to the same transactional fee. Opening an account and maintaining one is free, and no recurring charges from paypal are mandatory for having an account.
Limitations
Transaction limitations are based on the history of the account as well as very highly on the degree of verification the account has undergone. For some people verification never become a real problem and the limited amount settings are enough. However after verification the limits increase. The overall limit for any one transaction is $10,000 as set by Paypal policy and security measures.
