When it comes to players accessing online casinos, perhaps there is nothing more important than a safe and secure payment method.
PayPal is a wildly popular online banking system that facilitates money transfers between online platforms. In recent years, the usage of PayPal has become increasingly common thanks to its accessibility at online casinos, how easy it is to use, and most importantly, the security that comes along with it.
For those wanting the easiest path to playing online slots in New Jersey and Pennsylvania (among other states), PayPal should be heavily considered as your banking option.
What makes Paypal perfect for online slots is that you can use it to directly deposit and withdraw funds without disclosing your personal banking information to the site, as you would if using your debit or credit card.
PayPal acts as the intermediary between your bank and the casino, easily completing authorized transactions in a timely manner. Below, we'll go through every facet of using this increasingly popular method of payment and even recommend some PayPal gambling sites.
Yes, most online casinos in New Jersey, Pennsylvania, and West Virginia accept PayPal. Even though PayPal has become one of the premier options for online casino players, some social casino sites such as Chumba Casino do not accept it.
There are a number of online casinos with slots that accept PayPal:
If you aren't in the legal states above but want to still play online slots, you can play at Chumba Casino and other sweepstakes casinos for actual cash prizes! Keep in mind, however, these sites do not accept PayPal at this time, so you must use other payment methods:
The main benefit of using PayPal is that PayPal is not directly tied to your bank account.
The online casino will not have access to any of your banking information, such as your account balance, password, or routing number. It will only have access to your PayPal email address and password.
Furthermore, PayPal uses a very secure two-point verification system to ensure that all transactions are legitimate and safe. PayPal also keeps a constant tab on your purchases and has a complete record of your transactions so you can easily watch your budget.
The reason so many play online slots PayPal is because there are so many benefits in comparison to other methods. Here are many pros:
Having an e-wallet on a site such as PayPal provides an extra layer of protection for online slots players. The online casino will never have access to your personal information as it would if you used your debit or credit card directly.
Depositing this way is extremely easy since you only need to disclose your PayPal username and password to do so. Traditional depository methods might require you to give your card name, expiration dates, security codes, and bank routing numbers.
Another major advantage is that PayPal can accept currencies of any kind. You can either convert it to your ideal currency or have PayPal convert it for you. This gives you a projected amount in your account based on the different currencies.
PayPal requires that all casinos that work with PayPal be fully licensed in their respective country. As a player, this means that you're working with a trustworthy casino since they're fully registered.
Some online casinos give players deposit bonuses depending on your deposit method. For instance, Playtech has been known to give a 15% deposit bonus for using PayPal.
There may be a handful of cons when using PayPal online slots.
While PayPal is increasingly common and growing in popularity, this banking system still may not be accepted at select sites for online slots or social casinos.
There is no fee for using an existing PayPal balance to fund an online slots account or using PayPal to transfer funds from a bank account to an online slots account.
Players could incur a 2.9 percent fee if using PayPal to withdraw funds from a debit or credit card.
Some online casinos also have a transaction fee when players choose PayPal as their method of payment. Like PayPal, the fee is only a small percentage of your fund so it won't have a big impact on winnings or gameplay.
One of the reasons so many people are using online slots that take PayPal is because using the banking system is convenient and signing up to get started is so simple. Check out the following steps:
Once players are signed up to PayPal, using it to deposit into your online casino account
Is another pretty straightforward process:
If depositing straight from your PayPal balance, you can see funds show up right away in your account.
Transfers from your bank account to your PayPal account, however, can take between 3-5 business days. PayPal does offer an option where you can receive funds from your linked card almost instantaneously for a small fee.
Withdrawals usually take longer to process than deposits because the casino has to process your winnings before they can be released to you. Still, it's a straightforward and simple process:
If you're an online slots player looking to withdraw from your casino account, this can take as little as an hour to 3-7 business days depending on the site. Once the funds are made available in PayPal, they can be easily transferred to your bank account.
PayPal is available at most casinos and is an increasingly popular way to go through the online banking process to fund your online slots account. Most players prefer to use PayPal if it is presented at an option because of how easy it is to both deposit and withdraw.
No, there are no fees to use PayPal to fund your online slots account on a casino site, whether depositing with your existing balance or from a bank account. The only fees you'd pay would come if you deposited into an online casino with your debit or credit card.
Yes, PayPal is safe to use. It is a widely respected online banking system it requires all casinos it works with be fully licensed in their respective country. This means that if PayPal is offered as a payment option, you can trust it is safe to use.