PayPal is a secure way to make payments online and in the traditional sense. Making online payments with PayPal is more secure than using a credit/debit card or your bank account for some people because they’re able to better control the amount of money that a would be account hijacker has access to. With PayPal, there is also an extra layer of security in every transaction. When you use PayPal to make payments to a merchant, they never see your credit card information.
PayPal is constantly adding new features to their service, ensuring that customers have greater flexibility while executing payments. If you are looking to deposit and withdraw funds from poker websites, PayPal is a terrific option.
What is a PayPal account?
A PayPal account is an online resource that is used by millions to deposit, send, and receive funds online. PayPal accounts can be linked to you’re the players bank account, or a credit card account, which allows for immediate transfers of an unlimited number. Transfers from bank accounts can take a few days, while credit card transactions are almost immediate. With all of these features, PayPal is a very effective and simple alternative to having a bank account. We’re not just saying that either, bank accounts charge all sorts of monthly fees, overdraft fees and other hidden or upfront fees. Depending on how you use your PayPal account, you may actually never incur a fee.
Where is PayPal Available?
PayPal is available in various countries, such as the United States, United Kingdom, India, China, France, Portugal, Spain, Mexico, Canada, and others. When you select your country on the PayPal sign up page, you will be informed if the service is available. Here’s the thing though; PayPal isn’t an available poker deposit method in every geographic location. The United States for instance is not a location that has PayPal deposit options available at any poker sites.
Setting up a PayPal Account
Setting up a PayPal account is a straightforward procedure. Simply go to the PayPal website, choose your country and language, and then decide if you want a personal or business account. If you’re new to PayPal and gambling, you’re probably looking for a personal account; business accounts come with few fees that you don’t have to pay until you start sending and receiving several times per month.
After choosing ‘personal account’ the player will proceed to the next page where he or she will enter statistical and personal information including a valid email address. PayPal won’t ever spam you or sell your email address, they will on occasion send very important emails about your receipt of money, so make sure this is a readily accessible, and frequently checked email address.
Once you’ve gotten all signed up your account confirmation should land in your email box within in a couple of minutes, after which you can begin using your account. You’ll need to add and verify a bank account, and then perhaps add a credit card or two so that you can fund your account and use it to make a real money deposit at your chosen online poker site.
PayPal Legalities
PayPal is a company that operates with the highest security standards. All purchases and sales are protected, in addition to any money that is transferred into your PayPal account. If there is a PayPal transaction that you dispute, their team will look into it and give you a result within 24-48 hours.
PayPal Fees
There are no fees for adding money into your PayPal account. The only time you are charged a fee is if you use the PayPal MasterCard to withdraw money from an ATM machine. In that instance, the fee is $1 for each withdrawal.
