PayPal is an online payment company functioning in more than 200 countries. The platform currently has more than 203 million active users all over the globe. Setting an account in PayPal is free with an effective user interface, requiring only your basic information. Once the account has been set up, one can easily send and receive money.
In 2002, PayPal went public through an initial public offering and was purchased by eBay. Later in 2015, PayPal became an independent company again.
Below are some of the advantages of Using Paypal over other payment companies
Worldwide availability
The flexibility that PayPal presents its users with when it comes to currencies is one of the major factors that makes PayPal different from other online payment companies. It is known that users can withdraw funds in 56 currencies and can hold balances in around 25 currencies.
Cost-Effective Platform
For users whose main concern is the cost when using online payment systems, PayPal is a smart choice to go forward with. PayPal is free to use without any annual membership fees, unlike some other payment service platforms. When shopping online or transferring money via PayPal can conveniently do it without the worry about processing fees or service charges.
Security and safety guaranteed
PayPal can be considered to be one of the safest and secure platforms for online transactions. It has a leading fraud system in the industry which makes shopping online safe for users.
Bank account and card information are needed to be provided only once in PayPal following which the transaction is completed successfully. PayPal does not require users to disclose information online more than once. Shopping can be done stress-free.
Discounts and offers
At selected retailers, PayPal offers discounts to its users after shopping via the online service. Copying the promo code off PayPal’s shopping page and pasting it at the merchant’s site will provide benefits of the discounts when using PayPal.
Using PayPal in online casinos
With PayPal, one can easily deposit and withdraw money in approved gambling merchants. Since the popularity of Paypal is quite high compared to other online payment service platforms in the market, most of the casinos accept this form of payment.
Both deposits and withdrawals in online casinos using PayPal can be completed in a few easy and simple steps with no hassle.
Online casinos need to review and approve the Paypal accounts to complete the transactions. Additionally, some online casinos also offer specific PayPal bonuses by making transactions via the platform.
PayPal was one of the first online companies to offer its transaction services on online gambling platforms. PayPal gambling in Japan and some other Asian countries can be seen in approved and legalised sites. Legal and licenced websites all around the globe offer a form of payment via PayPal which is safe and secured.
Keeping in mind the banking needs, seamless casino transactions and above-mentioned advantages, one ideal suggestion of a payment provider is PayPal.
