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.
If you deposit through any payment option, there are definitely limits on the size of the available deposit and withdrawal amount and fees. We recommend you check the banking fee in the cashier section of your internet banking app and casino account. So, you better choose the method that does not apply to any fees. However, limits on the deposit and withdrawal amount are the wides among all payment methods.
Among all the games presented in the lobby of online casinos, surely, there are games with the HOT and COLD marks. Perhaps, you are confused by the signs and hesitate which game to play: hot or cold? Let me clarify this moment for you.
The HOT games are the top games, in other words. They are the most popular among online players. Generally speaking, the HOT sign means that gamblers have played this game a million times and are still playing it. To cease your high expectations, it does not mean that the game brings much profit. However, if it is a progressive Jackpot game marked HOT, then you can hit the Jackpot with a high probability. This is due to the fact that there are too many players betting at the same time.
On the other hand, the COLD games are not so different from the HOT ones. The only thing in contrast is the number of players. COLD games are not so popular, so they are marked accordingly. Again, it does not mean that COLD cannot be profitable. They are ordinary games with the same high RTP.
The question of winning online casino games has been torturing gamblers for decades. They keep investing and playing more games, but don’t really get rich. Then how do other people win and get money on their bank accounts? Has anyone ever won at all? Let’s figure it out below.
Are the casinos announcing real winners?
You’ve probably seen the lists of winners on casino sites. But surely you had a slight thought that all this is fake. It can be so. We don’t deny it. Sometimes casinos intentionally post the winner ratings and the sum of their wins. It’s actually normal as they need to attract new players in various ways.
Alternatively, these lists can be true. Otherwise why would you believe it and register, huh? All in all, even if you search for the real comments on gambling forums, some of the experienced players tell stories about how they won a fortune. This is a real fact that online casinos pay out. Though the reason why you don’t believe it is in you.
Why can’t you win?
Everybody around wins money on online casinos except for you? That is because they know how to do it. They know what mistakes can occur as accidentally as the random game result. The actions are quite simple to understand and accomplish. If you follow them, you can win on online casinos just like the other winners.
- Make sure in fairness of your casino site. The sites can be fraudulent and rig the games. There’s a probability that your site is operated by a fraud. In order to test it, just check the authenticity of the license, company info and terms. Besides, search for the real comments on the casino you are using. Pay attention to the negative feedback.
- Quit on time – always. The biggest problem of gambling is responsibility. Majority of players can’t stop playing thus they are losing their money. But the solution to this problem is easy. You need to stop playing after the big win. If you see the balance only a bit higher than the initial one, you can already quit the game.
- Use strategies. Especially if you like playing table games, it’s obligatory to use betting strategies. The strategies can effectively boost the positive results in the long-term. You will have losses too, as the games are random. But along with it, you will have a higher total balance.