PayPal is the fast and easy way to send online payments via platforms such as online casinos and sportsbooks.
PayPal - An Introduction
PayPal allows any business or individual with an email address to securely, conveniently and cost-effectively send and receive payments online. PayPal builds on the existing financial infrastructure of bank accounts and credit cards to create a global, real-time payment solution, an eWallet that acts as middle destination for your payments online.
PayPal is now closely affiliated with online gambling, specifically it seems with UK-based online gaming sites. The great thing about using PayPal is the top-notch security assurances, the easy to use banking methods, plus it's totally mobile and you can use it as your very own wallet wherever you are.
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Why Sign Up with PayPal?
Safety first is paramount when it comes to dealing with real-money transfers online. We all want to get the best value to compliment that safety aspect of the money transfer process.
We at bettingexpert therefore recommend that you sign up with PayPal, a great eWallet that makes your payments much simpler, faster and safer! Moreover, you can easily move money between bookmakers, online casinos and your Paypal account, as long as you've made your deposit from PayPal, thus always taking advantage of the banking fees online to maximise your (hopeful) profits!
How to Register a PayPal Account
Registering with PayPal couldn't be simpler. Got an email account? Well that's all you need to get started, and then it's all a matter of following the sign up process. This will involved selecting your country / region, what type of account you wish for and your basic details.
If you need to send money via your debit / credit card to your new account – go to your profile and select My Money. Click on the Link and Confirm My Card. You will be charged (temporarily) a £1 fee as it takes 24 hours to process your card/bank details and it will be subsequently refunded in a couple of working days. You will then be sent a PayPal code with your confirmation which you can fill in under My Money, click Update and then Enter PayPal Code and you're all done and ready to actively use your PayPal account.
PayPal Fees and Conditions
The great thing about PayPal UK is that it's totally free whenever you use this eWallet to buy something or make a payment in the United Kingdom – as a buyer using PayPal UK you won't be charged unless it involves conversion of currency overseas. However, there is a 3.4% fee of the total amount sent using a credit / debit card (plus 20 pence) per transaction (you the sender gets to decide whom pays this fee though). If you are sending or receiving money from overseas (outside of the UK) then a fee will apply. The cost depends on the location of the recipient (again the sender decides who pays this fee) – it's probably worth checking the casino or bookmakers banking / payment options to see where the company is based and if additional fees apply. The great news is, with our recommendation of Winner Casino you will pay no fees and processing times are instant!
The Benefits of Using PayPal
- Easy and safe money eWallet transfer.
- Free and instant processing times in the UK.
- Flexibility for recipients in receiving payments.
- Credit card safety – online privacy.
- PayPal app for on the go transfers and payments.
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