PayPal is among the leading methods of payment in the whole world especially for online transactions, something that has helped it to amass more than 250 million users from a number of different countries and regions. For online gamblers, this payment method offers a plethora of features that other payment services including credit cards and e-wallets have never been able to offer. These include:
- Fast, secure and affordable transactions.
- Support for thousands of online poker sites.
- Exceptional mobile presence.
With the number of online poker rooms that are accepting PayPal as a means of payment continuing to grow, it is well worth it to give this payment service a second thought even if you are currently using a different deposit method. If you are a newcomer, this article will detail some of the reasons why you should pick it over any other deposit service. It is a choice that you will never regret.
What is PayPal?
Founded over two decades ago, PayPal is considered to be the pioneer of online payments and it remains to be the most widely used and accepted e-Wallet option in the world. Over the years since its launch, a number of competing e-Wallet services have been introduced but it goes without saying that very few of them come even close to matching up to what PayPal delivers to its very large customer base. As it stands, PayPal is available in over 200 markets around the world where it allows the users to send and receive money in over 100 currencies and withdraw in 56 currencies.
While PayPal’s popularity mainly stemmed from the fact that it allowed people to send money to other people’s email addresses, it has evolved tremendously and now offers additional options that players can use to securely transact both on and offline. The service basically works like a separate checking account – the users can link other payment options such as credit cards to their PayPal accounts and then use their account balances at online vendors. That said, the payment service had to catch the eye of online poker operators who are always looking for new and better ways of maximizing the gaming experience for their customers.
The Benefits of Using PayPal as an Online Poker Deposit Method
With so many great payment services available to online poker players, people often ask why exactly they should opt for PayPal over the other services. Here are some of the reasons why:
Safety and Security – Let’s face it, when it comes to real money transactions, the best possible option for any online poker gamer would be a service that not only ensures that their funds are safe and secure but also that their transactions are not being monitored or intercepted by third parties. PayPal has had more than two decades to perfect these aspects.
Extremely Fast Transaction Processing – In addition to top-notch security and privacy features, PayPal also prides itself in offering some of the fastest transaction processing speeds in the world. Most transactions are completed within seconds which means that players can begin playing their favorite online poker games much faster.
It Is Mobile Friendly – Needless to say, most, if not all of the current online gamer are mobile savvy and therefore any service that is compatible with mobile devices will definitely win their hearts. PayPal is available on both iOS and Android devices which means that players can now turn their smartphones into mobile wallets.
Privacy – Unlike most of the traditional payment services, PayPal places a very strong emphasis on privacy. With its strict privacy policies, the payment service does not share any of your credit card or banking information even with the online poker room. As such, if you prefer to remain anonymous and leave fewer trails while playing online then PayPal has got you covered.
Ease of Use – If there is one thing that truly sets PayPal apart from every other payment service in the market, it is how easy the platform is to use. The process is a breeze right from registration to making the first deposit. Who wouldn’t want that?
Where Is It Accepted?
Currently, many online poker sites accept PayPal as a payment service. Save for very few jurisdictions, many territories allow their residents to use the service to pay for all kinds of online services, gambling included. Even so, it will be very important to check the terms and conditions for each and every online poker room you are considering playing at.
As of 2019, PayPal can be used for online poker deposits in a number of countries as well as several different currencies. All of the top sites have also been working hard to ensure that they are able to integrate as many payment services as possible and PayPal just happens to be one of the top choices for both online poker deposits and withdrawals. Even in the United States where deposits to online poker sites are usually restricted, there is a growing number of online poker rooms allowing it thanks to recent gambling expansion plans by a decent number of states.
How to Make Online Poker Deposits Using PayPal
Depositing funds to your online poker account is a breeze. All you have to do is follow this step-by-step guide:
- Set up your PayPal account and link the email to your bank account. Setting up this account is also very simple as the information that you are required to fill out are totally straightforward and transparent. Also, all the information you provide except for the email address will never be shared with any third party.
- Next, log on to your online poker site of choice or sign up if you do not have an account. At most reputable poker rooms, this will be a pretty brief and straightforward process.
- Once you are logged on to your poker room account head over to the cashier tab or page and click on any button that says “Deposit” or “Make a Payment” and you will be presented with a list of payment services. Choose PayPal from this list and proceed to the next step.
- Once you decide to go with PayPal as your preferred deposit method, all you will need to do is to specify an amount you would like to deposit and then you will be prompted to enter your PayPal email address and password on a secure window.
- After you confirm the payment, PayPal will transfer the funds from your balance to your online poker account almost instantly and you can begin indulging in your favorite poker games.
Are There Any Fees?
PayPal does not require its users to pay any annual account fees or any monthly maintenance fees but that is not all. When making deposits, players will never need to worry about pesky deposit fees which eat away at their bankrolls when all they want to do is to get money to their accounts and begin playing the available games. Unfortunately, this does not apply to withdrawals but the even then, the fees are very reasonable, and this do not dig too deep into the user’s winnings.