PayPal is a powerhouse. It’s one of the first and, thus far, most successful e-wallet services ever made not just according to its users, but according to market analysts in general, who often place it in the lead when compared to rival services such as Google Wallet. As Forbes’s Steven Bertoni says, “PayPal is in the center of two battles: one for control of every transaction on the planet, the other for control of its own destiny.” Honestly, there’s no reason not to agree with that. Their services are reliable, widely accepted and incredibly convenient. And best of all – you can use PayPal for online casinos as well!
But I’m getting ahead of myself. What exactly is an e-wallet? Well, it’s precisely what it sounds like – it’s an app which holds your finances for you and helps you manage them. You can tie a credit card or a bank account to it, you can accept or send money through and later you can withdraw whatever cash you have and convert it into physical currency or use it for online purchases. Let’s say, for example, that you’re an artist and someone from Jamaica wants to pay you to draw him a unicorn. He can send you the money on PayPal, completely safely, and later you can spend them just like real cash to buy stuff from sites that accept PayPal or you can withdraw them into your bank account. I personally have tied my bank account to it and use PayPal for convenience and security when purchasing things online. Since all of my bank information is stored within PayPal, which has never been hacked and never will be, I can buy whatever I want without worrying about information leakage, and as an added bonus I can buy it with one click! And if that wasn’t enough of a bonus, if the purchase is proven to be fraudulent, PayPal will return all the money to you, no questions asked!
But what you need to care about the most is that a lot of casinos are totally A-OK with allowing you to both deposit and withdraw from PayPal! It’s not too hard to find a list of UK’s top PayPal casinos, and honestly, chances are the one you’re already frequenting will be right there. Remember – no matter how secure your online casino is, it’ll never be immune to data leaks! That means that if (the more cynical among us would even say “when”) your online casino gets hacked and your bank account information ends up in the hands of people who are not supposed to have it, you’re gonna have a bad time. Using PayPal is a lot more secure, easy, convenient and free, so it’s really not rocket science to switch to it!