Why is PayPal So Widely Used in the Online Casino industry?

paypal checkout

Image source: Paypal via Facebook

Payment processing platform PayPal is one of the most widely used on the planet. Its total active registered userbase is approximately 254 million.

Used by brands like Samsung, Dell and even Harrods, it allows you to pay on many platforms. One industry that commonly uses PayPal is the online casino industry where almost every casino seems to support it in order to better serve players.

Ideal for Online Casinos With International Players

One reason why PayPal is one of the most popular banking options for online casinos is that it’s available in most countries. Major online casino regions such as Canada, the US, and the UK allow you to use PayPal to purchase spins for use in slot games and place bets in roulette and blackjack too. While a casino may not support locally used payment methods, supporting PayPal allows people from most countries to still spend money with these online casinos, no matter whether they choose to play slots or table games – or even live casino options.

Make Casino Deposits and Withdrawals Easily

The use of PayPal at online casinos also makes deposit and withdrawals easier. According to comparisons on the fastest way to make transfers, transferring money via PayPal can often be a quick and speedy way to deposit money and gain access to your money as well. The platform also allows users to pay a small fee to get their money instantly. In online casinos, depositing money quickly is important because players don’t want to wait in order to start playing. Likewise, many are keen to enjoy their winnings right away and PayPal supports them in doing that.

PayPal is Very Secure

The security of online casinos is one of the most important deciding factors in whether a player can trust them or not, and PayPal is a good way to establish that security. The payment platform uses a technology security protocol called SSL, which is a secure sockets layer that makes use encrypted data. In layman’s terms, this means that data (including payment information) is kept safe and secure and out of the view of malicious users.

If you’ve been wondering why many online casinos use PayPal; now you know. Most casinos use it, so you won’t have to look hard to find one that supports it!

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