When it comes to playing online casino games, there are what seems, an unlimited number of ways to make a deposit, but did you know your choice of payment method will ultimately determine how long you wait for your withdrawals? Sure, there are processing times with them all, but if you don’t like to wait longer than you need to – you’ll need to think about the deposit method you are using! Typically speaking, debit card/bank transfer withdrawals take on average 3 to 5 working days to complete – after they’ve been subjected to in-house processing delays. So, how do you get your winnings fast? By using PayPal and here are the 5 top reasons why you should be using PayPal for online casinos.
#1 – It’s Fast
Okay, so it may not be as fast as Usain Bolt, but it’s quick! Known as an e-wallet, PayPal is the fastest route of all when it comes to making withdrawals with most operators completing the transfer within a few hours – some even within the hour! “But don’t you have to wait for it to go from PayPal to your bank!” Yes, but here’s the thing; it’s instant! So, let’s say you made a withdrawal two-hours ago and you’ve just had the email to say it’s already in your PayPal account. You log in to PayPal and request the funds be transferred back to your bank. By the time you’ve closed the PayPal website, it will already be in your account! Now that’s quicker than any athlete!
#2 – Easy to Set Up
Anyone can use PayPal and an account can be set up in minutes. A few details are required such as name, address and date of birth, before you’ll be required to insert your email address and a password – these will act as your log in and payment details. Once complete, it’s time to start linking either your bank account or card to your PayPal account. Banking info is required at this stage and PayPal will make a small deduction from your account (less than £1) and at the same time, they will leave a code. This 4-digit code will act as the final stage in linking your account to PayPal and once linked, you can start using PayPal right away!
#3 – Anonymity
Using PayPal offers a degree of anonymity to the player because no financial details are required when it comes to deposits. To use this service, all you need is an email address and password from PayPal! Simply choose PayPal from the list of deposit methods and insert the amount you wish to play with, and you will be navigated away from the casino in order to complete the transaction. Log in to your PayPal account and a summary of your purchase/deposit will be shown. Authorise the payment to be transported back to the online casino with a successful deposit message.
#4 – No Fees
Using PayPal to play online casino games carries no fees – not even with withdrawals! Whether an online casino wishes to charge a fee for this service, is entirely up to them – PayPal itself carries no such fee. Of all the casinos we can think of, there is just a few with a fee – BGO Casino being one. A fee will be applied to both deposit and withdrawals, no matter the payment method used. And at the other end of the scale is wagering requirements! Many times, players are under the misconception that using PayPal https://www.bestukcasino.org.uk/paypal/ means wagering requirements on bonuses! This could not be further away from the truth!
Wagering requirements have nothing to do with the payment method used – they have everything to do with the operator not wanting players cashing in on bonuses and promotions too easily! Some require you to meet wagering on bonuses – many don’t; PlayOJO being one of them. And while we’re on the subject of ‘no’s’, there are no limits to withdrawals when it comes to jackpot wins and aside from an all-elusive jackpot win, the maximum limits are far greater than those set out other payment services.
#5 – Bonus Inclusive
PayPal is probably the most widely used payment method at online casinos, and it’s easy to see why! But does that mean you will be exempt from claiming any bonuses or promotions – even new customer offers? No, not at all! Usually, Skrill and Neteller are exempt from any type of offer, but even then, many operators bypass this by offering these players something else as a way of an apology.