PayPal is one of the leading names in electronic digital currency deposit services worldwide and highly popular when gambling at online casinos. PayPal is completely free to use to make payments online at a variety of different vendors. In recent years, it has become a favourite depositing method by many premier gambling sites. The use of PayPal as a depositing method at online casino sites is limited to countries outside of the United States, Canada and Australia.

PayPal works like a separate checking account for use at online vendors. A user will deposit money into his or her PayPal account via bank transfer, debit card or credit card and then use the money at online casinos.

PayPal users can also link a credit card to the account so that PayPal can make automatic withdrawals when it is used as a depositing method at online casinos. This ensures that sensitive credit card information is shared with only one site when making payments online. You can choose to use your everyday PayPal account that you use for all internet transactions with your PayPal online casino, or you can open a totally separate account with a different credit card that you use for dedicated casino play. Doing that will also help you regulate the amount of money you spend, and keep track of your winnings easier.

When using a PayPal casino, players are covered by a host of safety and security measures. This includes Buyer Protection, Fraud Protection and advanced data encryption measures. PayPal doesn’t work with companies that have a bad reputation, so dodgy casinos are never able to offer it for long. Their Account Protection feature, which covers things like unauthorised purchases and identity theft, means that you won’t be left out of pocket if someone illegally gains access to your account or makes unauthorised purchases using it.

This service is so powerful because, as PayPal’s own website points out, it lets you pay for things online without exposing your card details. It may be among the earliest e-wallets, but it still ranks up there as one of the best.