People are pushed to stay in their homes since the world is isolated. However, the whole pandemic situation gets better. Due to the pandemic, the activity of online casinos has grown significantly. Overall, entertainment platforms continue to grow, and playing online we have to be aware of all ways to make everything simple. When we play casinos for real money, we need to make deposits and end up withdrawing the winnings.
Although online casinos have been around for many years. In fact, the mainstream began quite recently. Nowadays, people appreciate the convenience of online platforms, as well as online games even more.
When we talk about online casinos, the question of payment methods comes up. There is a growing demand for popular e-wallet payment systems. However, there is also tight competition between them. In this particular aspect, PayPal appears to be the industry leader.
PayPal and the rise of online casinos
As far as we play online casinos, we also make payments online. To be honest, there are many online payment methods on the market, but PayPal is a pioneer as the most trusted platform among all other electronic wallets.
Many factors affect the players’ experience in online casinos. One of these factors is payments. The way how you transfer the funds to the casinos directly depends on what payments system you chose. In the gambling sphere, players should easily make deposits, and quickly withdraw the winnings.
Hundreds of options are available now, however, we prefer PayPal. In the past, we believe that banking cards are the gold standard for transferring money. But the world is changing as we started to operate with many services via the internet.
Online wallets started to appear. Many e-wallets such as Neteller, Skrill have become popular. Although these platforms provide fast transactions and secure money transfers, they also request low transaction fees.
PayPal Casinos NZ
Hundreds of casinos in New Zealand use PayPal as one of their main payment e-wallets. Generally, no other payment system can compete with PayPal on the speed and convenience of transactions. It still remains one of the popular eWallet payment methods in the industry of online gambling. Players can use it to make easy and fast transactions and payments to casino accounts and back. History says that this giant payment system was founded back in 1998, and the first name was Confinity. Later in 2001, the company owners renamed it PayPal. In general, there are several important reasons why casinos work Paypal, these are:
Security – PayPal provides many layers of security measures of protection, to offer secure online payment through casinos since sometimes it’s tough to communicate with online casinos. The company offers top-security fraud protection.
Speed – We are not ready to waste our time depositing and withdrawing money from the gambling site. One of the main advantages of PayPal company is speed, smooth and efficient transactions. PayPal will save you from wasting time, and unnecessary headaches.
Low Fees – this is what PayPal mainly focuses on low fees. Therefore, you will not worry about losing money on transaction commissions. The price for activities is quite reasonable.
How did PayPal become popular?
At the beginning of online casino operations, people often chose alternative payment methods. However, a couple of years later, PayPal gained over 300 million users and became one of the most popular e-wallets in the world. Large corporations integrate PayPal into their systems and successfully cooperate with each other. All things considered, we can say that PayPal is already a mainstream service. Compared to Skrill and Neteller, they cannot compete with such a giant corporation.
This is why many players consider PayPal as a leading payment system to transfer money to casinos and back. The platform is fast, secure, convenient to use, and charges low commission fees. These are not all things that attract millions of players. The only drawback concerning online casino payments is that not all casinos support this wallet. In some cases, online casinos with PayPal do not offer additional benefits and bonuses for usage, compared to other payment systems.
Is PayPal Legal?
Yes, PayPal is one of the first e-wallets on the market and fully legal payment methods. Nowadays, more than 100 million people around the world use PayPal to make payments every day, including casino deposits.
It is worth noting that the answer to this question depends on the country in which you live. The fact is that payment via PayPal is limited in some countries. Moreover, some casinos may not accept payments through the PayPal platform, even if that method is legal in the country you live in.
If you would like to check if you can deposit or withdraw your winnings using PayPal, read the Casino Terms and Conditions or contact customer service. If the casino accepts PayPal, you will find it in the list of payment methods.
Do I need a bank account or credit card to open a PayPal account?
In order to open a PayPal account, you just need to enter your email address and confirm it. Your banking cards will be automatically linked to the PayPal account. For security purposes, when you make a deposit, the online casino will only see your email address. No personal information is transferred to casino administration or third parties.
When you make payments through your bank account, the recipient sees your personal information such as name, home address, and card number, and other banking details. Considering this, paying with PayPal is anonymous and secure. Therefore, nobody can see your data for personal purposes.
Do all online casinos accept PayPal as a payment method?
The gambling market is very competitive, so online casinos offer great deals to attract new players and keep regular ones. However, not all online casinos accept PayPal at this time.
We have covered all the ways to find online casinos that accept PayPal, but the gambling industry is constantly evolving and the number of online casinos that accept PayPal is growing rapidly.
Is PayPal the fastest way to pay?
Yes, paying with PayPal is quick and easy. The online casino receives a deposit within a few minutes. If you make a payment, you will also receive your money within minutes.
However, it should be understood that there are a few things to check before making a payment request. Firstly, if you played for bonuses, you must fulfill a number of casino requirements, which are indicated on the institution’s website. If you haven’t completed them, the casino will most likely refuse to pay you your winnings. In this case, you need to contact the operators of the support service. Secondly, it is important to pay attention to the payment methods. It is possible that the casino simply does not accept the payment method that you need.
The casino may also require additional documents from you, and if these documents are not verified, the casino may also refuse to pay out the winnings. As you can see, there can be many different reasons why you will not be able to receive money into your PayPal account.
The gambling industry is just the same as any other industrial field. Online casinos refer to the online gambling industry, to be more exact. Anyway, this occupation takes its position in the world economy. The online gambling business prospers making new sites appear on the market.
And like any other business, online casinos must be regulated by special laws and authorities in the field. The laws of your country state whether gambling is permitted or not. The specific bodies related to gambling act according to the laws of their countries and have a right to issue official licenses for online casinos.
The most known regulating authorities are Malta Gaming Authority, UK Gambling Commission, Gibraltar, Curacao and others. Under their jurisdictions the online casinos are obliged to follow the terms. If some rule was violated by the casino site, including mistreatments of users, the licensee imposes fines and even some restrictions up to casino closure.
There is also a different type of regulating bodies. They issue certificates to prove the games provided by the casino are fair. The popular authorities are the eCommerce Online Gaming Regulation and Assurance or just eCOGRA. Them and Independent Auditors carry on constant tests on all the casino games. The whole variety of the online games are tested for randomness and fairness. As for the random games, they are powered by RNG mechanism.
This is what you should know about casino regulation. Besides, as these bodies operate the work of legit casino sites, you should primarily test a selected gambling site accordingly. Check if gambling is legal in your country, if the casino has a license and certificates. Every respected online casino must provide this information to the public’s view.
Important to realise that the overall success of the online business depends on the amount of traffic. However, in this sphere, the reputation of a brand plays the most important role.
How to promote a casino?
In fact, the process of promoting a product or a shop really differs from promoting an online casino. According to experts the process of advertising an online casino usually takes place in the search areas. In other words, you have to promote the casino in Google search, in order to increase the traffic. Moreover, there are some tools to promote a gambling site.
- Use social media – creating pages in social networks leads to an increase of the awareness of casinos, therefore attracts new users.
- SEO – this tool allows to bring the platform to the top line in the search area.
- Email marketing – sending the messages directly to someone who is interested in the product.
- Streaming – a person streams the game and attracts new customers.
There were some basic instruments of how the casinos promote themselves. Applying this, you will reach new clients and increase the traffic through the casino. In fact, it’s important to know how to target the audience not only in gambling sphere but in many industries.
The gambling market now offers a lot of online casinos. You don’t even know where to look first. It’s a competitive field. Analyzing one casino with its eye catching bonus system, you may think it’s the one. But then you stumble upon a different casino and now this one seems better. All in all, catchy bonuses and specific design are not the important things.
What you should think of at the beginning is safety. Safety of your data, your banking details and the whole online environment which is very often full of frauds. So, what is the safest online casino and how can you know it’s the one?
Gambling sites are vulnerable to Internet frauds. This means every casino must have unbreakable safeguard. This is the security system generally driven by a bit/SSL encryption. Casino sites protect themselves and players from all sides including private info safety, encrypted transactions and identity verification.
This refers mainly to the fairness of games. The game results should be random. An RNG is responsible for such results. It makes the reels spin and let out any possible combination. The same is with the cards and balls.
There are also special authorities that test the casino games. The eCOGRA and Independent Auditors can give a proof certificate of fair randomized games. If you see a seal of any testing bodies, then you’ve come to the right casino.
The safest online casinos
Frankly speaking, it’s not easy to name just one safe online casino. There are many of them that have a good reputation and nice service which also includes total safety. Let me make a list of the safe online casinos. Looking through all of them, you can make up your mind on one or two to test them.
- 888 Casino. MGA, UKGC, Gibraltar and GBGA licenses, full protection including NoSpyware Adware, eCOGRA certificate.
- JackpotCity casino. MGA license, SSL encryption applied, eCOGRA tested.
- Leovegas. MGA, UKGC, Swedish and Danish licenses, Digicert SSL encryption, Independent Audits.
- Spin Casino. MGA license, SSL encrypted, eCOGRA certificate.
- Casumo casino. MGA license, SSL encrypted, DSS compliant, TST certificate.