PayPal Casinos India 2024

With cyberattacks going haywire in recent times, only the safest payment methods should be used

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🎮 PayPal casinos safety and security

PayPal has the protection of buyers and sellers associated with their services. There are some applicable rules for which products and payments are covered by protection, but in general, the service can boast of great trust from its customers. Also, it’s nice to know that you can get help if something goes wrong, whether it’s a seller who gets an unauthorized payment or a buyer who gets the wrong product.

1. No information sharing when transferring the money;
2. Security measures against unverified transactions;
3. Cancellation of transactions if something is wrong;
4. The latest encryption technology secures the whole process.

There is also a guarantee that you can use your account immediately after creation, but if you start transferring large or very small amounts of money over a period of time, the system will ask you to verify your credit card and bank account. This protects you from fraud as it helps in the fight against “money laundering”. All the money is safe and secure so you can start with your nosebleed bets.

Nosebleed

betting big at very high stakes.

Why use PayPal for online casino deposits and withdrawals?

Most of the experts agree that PayPal is a fantastic payment service for either online gambling services or any other types of transactions. Here are the reasons why our experts think that:

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Posted on 2021-08-02

ExyCasinos

Alica Peter

answered

Any casino that accepts PayPal is reputable and safe to play at.

Charlie Hogben

answered

Fast and safe transactions are now the gold standard of online payments.

Ali McEwan

answered

In terms of security, PP is among the safest services in the world.

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🎲 Pros and Cons of using PayPal for online gambling

We have already mentioned one of the undisputed sides of PayPal online casinos: security. If you make a payment with a debit or credit card on a site with questionable security, your data may be stored somewhere on the site’s servers, or be viewed by the operator after the transaction. With PayPal, all data is encrypted which ensures this never happens. But there’s more:

👍 Advantages

✔️ Fast payments – with PP, you only enter your username and password on your account.

✔️ Faster payouts – in most casinos, it takes 1 to 2 days to transfer your winnings to your PP wallet.

✔️ Transfer without fees – some e-wallets take a commission but not PP.

👎 Disadvantages

❌ PP is still finding its clients in the Indian online gambling market so there are not many services available yet.

When it comes to online gambling payment methods, everything a player needs is safety and preferably no commission fees included, just like PayPal. Fast transactions are always desirable but not of utmost importance.

The only significant disadvantage of this method is that it is not accepted by all known online casinos. For example, there are many more sites that accept Skrill – it is the most popular e-wallet on betting sites. Neteller options are also very widespread, there are definitely more of those than PayPal casinos.

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💡 PayPal casino deposit and withdrawal details

PayPal casino deposits will be processed immediately, but you will have to wait for 1 to 2 business days for the money to be credited to your PayPal account at the time of payment request. This is faster than most online transfers, but we have to be honest and say that there are faster methods as well. In some gambling services, payouts on online wallets like Neteller or Skrill are immediate, so PP can’t match them when it comes to speed. Instant deposits are important for playthrough requirements.

Playthrough requirements

welcome bonuses have specific requirements that need to be fulfilled in order to be collected, such as wagering and time limits.

There are no fees for PayPal withdrawals or deposits at online casinos. This is why PP dominates over other electronic wallets, but it often also requires users to pay a fee to deposit or withdraw money from their account. Also, a service may ask for some stuff that PP doesn’t, such as additional paperwork when withdrawing money, additional fees for services, etc.

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🎁 Indian banks dealing with PayPal

There are numerous banks in India that deal with PayPal and they all share the same convenience – to link your account with the banking account you won’t have to pay a single dime nor provide any sort of financial details to the bank. It is worth mentioning that you will have to have your bank account created first before creating the account.

When gambling online, choosing the right banking option is as important as choosing the right casino. Sometimes players have to wait for days to collect their winnings and pay hefty fees to do so. On the other hand, some banking methods pay instantly without any fees.

The list of banks is as follows: Bank of India, Standard Chartered Bank, South Indian Bank, Citybank, Indian Overseas Bank, Kotak Mahindra Bank, HSBC Bank, HDFC Bank, Induslnd Bank, Union Bank of India, ICICI Bank, Federal Bank, Indian Bank, Axis Bank, IDBI Bank, State Bank of India.

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🔔 PayPal alternatives

If for any reason you can’t deposit money for internet gambling through PayPal, there are good enough alternatives for you. In the first place, it is Skrill (former Moneybookers), an e-Wallet that specializes in this market, so today most players use Skrill as their method of both deposits and withdrawals. Of course, there is always bank transfer, credit and debit cards, and other e-wallets, apart from Skrill. Here is what we recommend:

1. E-wallets such as Skrill and Neteller;
2. Visa and MasterCard credit and debit cards;
3. Traditional bank transfers (least recommended).

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❓ FAQ

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🔈 Players reviews

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