About PayPal | Facts and history
What is PayPal?? Simply explained, this is an e-wallet, similar to, for example, Neteller and Skrill. That means you get an electronic wallet that you can transfer money to and from, from your own bank account.
PayPal is an American payment service that offers its services across much of the world. The company is known to be one of the world's largest online payments players, which says a little about their popularity.
The company PayPal Holdings Inc. was founded as early as 1998, and thus has more than 20 years of experience in the market. Today, PayPal is a payment company used by both Americans and people from the rest of the world.
Although the payment method is available to American players in general, it unfortunately cannot be used on online casinos by American players. This is partly due to strict rules when it comes to transactions in connection with iGaming.
PayPal | Safety
PayPal is a secure payment method. The company uses, among other things, SSL technology, which means that information you provide about yourself is being protected and encrypted.
When you make payments with PayPal, the recipient will also not see sensitive information about you (as a payment card or account number). This means that many players want to use PayPal for deposits at online casinos.
How does PayPal work?
PayPal lets players transfer money to online stores or online casinos (the latter does not apply to American players). The service works like all other e-wallets. This means that you can make deposits and withdrawals for a digital wallet if needed.
For example, you can transfer financial funds to your PayPal account from your private account, and then spend your money on e-commerce. You can also receive payments from others by sharing the email address associated with your PayPal account.
Feel free to look at PayPal as an intermediary by online payments. Instead of paying directly to an actor via your private bank account, you first transfer money to PayPal. Then PayPal transfers the money to the player.
You therefore do not have to provide card information or other sensitive information to those you are going to transfer money to, or receive money from.
How to Open PayPal account?
It is easy to open a user account at PayPal. The first thing to do is to open PayPal's website. Then select "Private Account" and then click "Continue". You then enter your mobile phone number and other information PayPal requests.
Then you get a PayPal account ready for use. It is completely free to create a user account at PayPal, making this a popular payment method.
How to fill the e-wallet?
To fill money on your PayPal account, you first log into your user account on PayPal's website or via the app. Then click on "E-wallet" and "Transfer money".
You then choose "Add Money to Your Balance". Then follow the step and enter the desired transfer amount. The process is quick and easy.
- Click "e-wallet" via PayPal's website or app
- Click "Transfer Money"
- Select "Add Money to Your Balance"
- Tie your bank account to PayPal if it's not already associated with PayPal
- Follow the steps further
Treatment time on PayPal transactions
The processing time for transactions at PayPal is usually very short. What takes time is usually the casinos' internal treatment time, which can range from a few hours to a few days.
Remember that American players can not use the payment solution anyway, and that there are good alternatives to PayPal. For example, American players can use Neteller and Skrill, which works in the same way. These too have a treatment time that varies from hours to a few days.
Amount limits with paypal
Players who transfer money to and from an online casino via PayPal have amount limits to deal with. These limits are set by the casinos themselves, which means that amount limits can vary from online casino to online casino.
Most casinos require you to deposit at least 100 or 200 kroner with PayPal, while the upper deposit limits are far higher. The same applies to withdrawals, where the lower amount is usually a few hundred patches, while the highest withdrawal amount can be of many thousands of NOK.
Why use PayPal?
PayPal is a super payment method for players who do not live in Norway, as the method is both reliable, user -friendly and fast. American players should rather choose similar payment solutions, such as Neteller or Skrill.
Both Skrill, Neteller and PayPal act as intermediaries between casino and user, making deposits and withdrawals safe and simple. You do not have to provide sensitive information to the casino, which is an advantage.
PayPal and similar payment methods are also popular because they are so fast. You can often transfer money in a few minutes. Withdrawals are also quick.
Find an alternative to a PayPal casino
If you want to play at an online casino with e-wallets for American players, we can recommend a number of players. You can usually choose between a range Payment methods at casinos, including Neteller, Visa, Skrill and the like.
Among our recommended casinos with safe payment methods you will find Rizk, Betsson, American Automats, Casilando, The vending machine, Casumo, Casinoin and Maria Casino. We can also recommend you check out the safe Bitcoin casino Bitstarz.
Good luck with the choice of casino, as well as choice of payment method. In our guides you will find descriptions of each payment method. Find a favorite that fits you and your habits!
Read our guide on tax on random winnings
FAQ
Are PayPal fees required at the casino?
The casino can sometimes require a fee if you pay with PayPal (or other payment methods). However, most casinos have fee -free transfers with PayPal. However, the payment company itself may require fees for transactions.
Different actions and transactions can result in different fees. If you use PayPal for online transactions or in physical stores, there are no fees unless there is any currency conversion. Check PayPal's website to see the current fees.
Is PayPal safe to use?
Yes. One of the reasons PayPal is safe to use is that you do not have to provide sensitive information about yourself when shopping online or playing at an online casino. The same goes for the options Neteller and Skrill.
PayPal is also safe to use for SSL encryption. Data sent to or from PayPal will be encrypted so that your information remains safe.
Can American players use PayPal?
No. You can use PayPal to shop online or similar, but not to play at foreign online casinos. If you want an e-wallet to make deposits or withdrawals from online casinos, we recommend using Skrill or Neteller instead.
There are also other alternatives for American players, such as the e-wallet Ecopayz. Otherwise, we can mention debit cards such as Visa, prepaid cards and credit cards. You can even transfer money with wallets for cryptocurrency.
What is an e-wallet or e-wallet?
PayPal is a payment method that is classified as an electronic wallet, ie the e-wallet or e-wallet. This designation is also used for other digital wallets, such as Skrill, Ecopayz and Neteller.
An e-wallet makes it easy to transfer money to or from other users and players. You can look at the wallet as an intermediary between you and the one you shop with. You therefore do not have to provide sensitive information to the casino or store you shop at.
