What is PayPal?
PayPal is truly one of the fastest growing online payment systems that is recognised worldwide. Because of its ease and security, PayPal is used by many people for a number of different online purchases and transactions. When playing online bingo security plays a big part, not only do you need to use a trustworthy bingo site but you need to make sure you 100% trust a site that you are giving your credit/debit card details to. PayPal helps bridge this gap because once you have registered a credit/debit card you never need to give these details out ever again, PayPal is essentially an online bank account that you use to store your money online from a bank account.
Why Use PayPal?
You are unable to play online bingo unless you have a valid payment option; infact, some sites will not let you finish registering unless you enter such details. The most popular method of payment is registering a credit/debit card with a bingo site so you are able to withdraw and deposit money. Although the popular bingo sites would never give your personal details out there is a slight chance something may go wrong or you register with a dodge site, resulting in your details getting into the wrong hands.
How to use PayPal
Setting up a PayPal account is extremely easy; all you have to do is visit the PayPal website and following a few simple on screen instructions. You will need information such as: your name, email, home address and bank account and card details.
Once this has been done once, you only need to give out your Paypal email address to be able to deposit and withdraw bingo money. Because PayPal uses encrypted code, your information can never be truly seen by third-party sites. You can even login on to your PayPal account and see recent transactions and balances, just like you do with online banking.
Advantages of using PayPal to Play Bingo
There is a reason that more and more people trust PayPal as a payment method over all other forms and here are a few reasons why:
- PayPal is known for its online security and protection. Once you register an account and card with PayPal that is it, you never have to give your details to anyone else online. This means that sites such as bingo sites will never have access to your accounts information.
- You are able to use PayPal to not only deposit money into your bingo account but you can withdraw money too, some bingo sites let you withdraw and deposit as little as £5.
- Registering your bank cards with online bingo sites takes minutes, you have to enter your cards details and sometimes even find your card to start with, linking your PayPal account takes a matter of seconds, you only need to enter an email address and that is it.
- Some online bingo sites even encourage more people to use PayPal and will give you an extra bonus for using it as a payment method.
Do All Sites Let You Use PayPal?
No, not all online bingo sites let you use PayPal for transactions, infact only a select few do. Visit Sites That Use PayPal for a list of sites that accept PayPal.
