Paypal is tested to be the most efficient and flexible method as the payment method in many online industries including the online casino. All major payment schemes are accepted in Paypal including bank transactions, debit/credit cards, other E-wallets, and Cryptocurrency.
What is Paypal? It is a digital wallet that can be used in many industries worldwide. Paypal is a Fintech company and has been around since 2002 which makes it the pioneer of all payment and/or other money transactions without using real cash. This digital wallet is proven safe and for this reason, PayPal casinos in New Zealand are very much in demand because they feature casino sites that have high-quality games and huge bonuses and gifts.
Paypal Betting in New Zealand
Despite the influx of other payment options in Europe and from other countries, Paypal is still the most convenient and flexible method in monetary transactions in all major betting sites.
Online Sports Betting
In New Zealand the majority of the kiwi players still prefer to use Paypal especially in placing sports bets online and is most convenient to bookmakers.
Live Dealer
Using Paypal as a payment option during the live casino makes the transaction seamless because the site doesn’t have to ask for too much information and will just automatically connect the player to the live gaming site.
Mobile Gaming
Betting in any casino games using the mobile phone is fast and efficient especially if the digital wallet is already available on the gadget. The use of this digital wallet in mobile casinos is most preferred by many players for they can automatically place their bet on any card games, or slots and roulette.
How to use Paypal on a Casino Site
Using Paypal as a means of transacting money on a casino site is like a walk in the park. Here’s what you should do.
- Make a registration. Simply type “Paypal” in the Banking section and register.
- Type necessary information.
- Make a deposit on your account using your bank, credit card, or other sources. These deposits should be within the minimum or more but limited to the limits of the casino. These deposits will be used in any betting site transaction of the player and are processed immediately.
- One has to take note that Paypal will be asking for a minimal fee.
Is it possible to withdraw using Paypal?
It is possible to withdraw your winning money using Paypal and it is pretty easy. Here are the following tips for using this transaction.
Ø Go to the “withdraw” section of the site and choose Paypal then enter the desired amount.
Ø Key in where you desire to transfer your money such as your personal bank, credit/debit card, or another e-wallet.
Ø The Paypal casino will immediately process your account. However, there are some instances where transactions will take a few hours or sometimes days ( approximately 1 to 2 days). In this case, it is advised to talk to customer service for more clarifications.
Perks in using Paypal casino
The majority of the gambling sites using this payment option give larger bonuses such as Free spins without making a deposit, a bonus on your first deposit and sometimes players are offered games without using one’s deposit or No deposit casino bonuses.
Is it safe to use Paypal?
Many casino sites trust Paypal as well as players because it is not just efficient but the technology at present ensures that all payments and other monetary transactions are encrypted which means it is impossible for malicious sites to read or penetrate the establishment.
Currency Conversions
Converting currencies has been one of the best assets of Paypal. It is capable of converting one currency to the other with ease.
Final Insight:
Online gambling using Paypal may not be at all perfect especially because at the moment of speaking its geographical scope is quite limited which means not all countries offer Paypal as a banking option and even New Zealand has limited sites which accept this payment scheme. Nevertheless, Paypal casino is promising and in the future, many sites will use this payment method.
