There are 7 million PayPal users in Australia and 325 million worldwide. As these numbers demonstrate it is a trusted and secure site for making digital payments. Usable in shops, PayPal is also popular as a payment method for playing pokies and other casino games.
Benefits of PayPal
Fast withdrawals. PayPal processes any transaction immediately. Any delay would only be on the part of the third party, such as a casino. This is a definite benefit, as any delays are only caused by one party, not both.
High deposit limits. There are no upper or lower limits for PayPal transactions, which means only the casino of your choice is setting limits.
Fast and safe transactions PayPal prides itself on its security. All transactions are end-to-end encrypted. Users can also apply additional security through the Security Key feature.
Easy to use. Once you’ve set up your PayPal account (which is also simple), it is very easy to use. Compatible with all devices – whether mobile, laptop or PC – it is a superb option for carrying out digital payments and receipts.
Excellent reputation. PayPal’s reputation speaks for itself – safe and secure, simple to use, low fees and usable across the globe. The fact that it has more than 300 million users speaks for itself.
Downsides to PayPal
It is important to understand there are also downsides to using PayPal, and one in particular is important for Australians looking for a PayPal casino.
PayPal doesn’t work with Australian casinos. PayPal is not a viable option for Aussies looking for casino games with PayPal. The company follows the regulations of countries and states regarding online gambling. The Australian government has vetoed online casinos within its territories, therefore PayPal isn’t a payment option with online casinos for Australians.
Fees. There are fees associated with PayPal transactions. These will vary depending on where you are based. However, at around 2% this is a good chunk of the average casino winnings.
Verification. If you’re looking for anonymity, then PayPal may not be your best choice. Like a bank account, your PayPal account needs to be verified. Compared to other ewallets, this is a definite downside.
One top-up option. You can only add funds to your PayPal from your bank account – other than earnings or winnings. You cannot transfer money from another ewallet or add funds via a prepaid voucher, for example.
There are 7 million PayPal users in Australia and 325 million worldwide. As these numbers demonstrate it is a trusted and secure site for making digital payments. Usable in shops, PayPal is also popular as a payment method for playing pokies and other casino games.
Benefits of PayPal
Fast withdrawals. PayPal processes any transaction immediately. Any delay would only be on the part of the third p…