PayPal is a popular online financial service designed to easily and securely carry out online transactions. PayPal is one of the earliest online transaction payment methods which can be used even for international transactions and is accepted as a favoured payment method by Online Bookmaker with PayPal. There are many Best Betting Sites with PayPal in India that offer excellent online betting options, including sportsbooks and the No.1 casinos. As PayPal is already used widely by people across the world, it is a common choice for those interested in gambling online.
PayPal, like many other e-wallets, provides the facility of online transaction both through the online website and the PayPal mobile application. Here are the steps to follow to make a payment with PayPal:
For withdrawals, simply go to the payment section of the operator and select the PayPal option for withdrawal.
Similar to other e-Wallets, the deposits made to online gambling sites through PayPal are almost instantaneous and can take a maximum of 10 minutes. However, keep in mind that your PayPal should have an adequate balance or you would need to consider the processing time required in making a deposit to your PayPal before you fund your betting account.
For withdrawals, the average time taken to complete the payout through PayPal is between 1-2 days or 3-5 days, although the period may be shorter or longer depending on the operator and their policies. Certain operators have a mandatory hold period on withdrawals, delaying the processing of payouts so that punters have time to reconsider. Also keep in mind, most operators will have a minimum withdrawal amount, so you can only apply for a payout once you reach that minimum value.
If the payout does not complete within 5 days, then you contact the customer support of the operator, followed by the PayPal customer support. The instantaneous deposits through PayPal have increased the popularity of online casinos and Sports Betting Sites with PayPal for online betting.
For more security, the users are asked to verify their PayPal account before proceeding with any payment. Here are the steps to verify a PayPal account:
First, the user needs to log-in to their account to verify their account.
After login the user needs to select the option of ‘get verified’ from the homepage or tabs as per the method of usage, i.e. mobile or laptop.
Once the user clicks on get verified, some details would be asked which is mandatory to be entered to get verified. If the card option is selected, the user needs to enter card details and get verifies by a 4-digit code or OTP (One Time Password) received via phone or email address. If bank account is selected, bank details and IFSC code needs to be entered along with the two deposits amounts, to get verified.
Initially established as Confinity in 1998 as a money transfer service, PayPal merged with X.com in 2000, and received its current name ‘PayPal’ in 2001. PayPal Holdings Inc. is one of the largest online payments companies to make payments through online funds transfer. Later, in 2002 PayPal was acquired by eBay as a parent company under which it witnessed a very steady growth with a profitable business which continued till the late 2010. After 2010, PayPal entered a new vision of success and acquired VeriSign payment solutions. In 2013, PayPal also acquired Braintree payments gateway which was a huge gain as a gateway of huge payment options.
Later on, PayPal purchased Bill Me Later and partnered with Google, Visa, MasterCard, FIS, Citi to provide users a number of payment options. In India, the growth of PayPal was spurred by the demonetization of 2016. PayPal has established itself as a strong financial services brand with a variety of options to assure full safety and convenience of users. As there was a need for a more secure payment method while betting on many online betting sites, PayPal took this opportunity and became one such method. Online Bookmaker with PayPal is another step towards its user attraction.
PayPal being one of the largest online payment processors in the world serves millions of users at the best betting sites with PayPal. There are many online bookmaker with PayPal due to the several advantages PayPal has in comparison to other payment providers, including the following benefits:
Despite providing its users with several advantages, PayPal has a few drawbacks, for example a long verification process, and low payment limits.
Popular payment methods like Skrill, Neteller, Ecopayz, and PayPal provides its users with efficient and secure services. An online payment method like PayPal is considered as the safest money exchange platform and has lesser possibilities of being a victim of fraud as being used as online Bookmarker with PayPal. It has got its fraud protection system that protects users from such financial obligations. Among all the eWallets, PayPal is one of the most popular. Being used by 250 million people that is available in 200+ markets, it is the most secured payment mode as a user needs not require to share anything with merchants except PayPal email id.
As PayPal and other platforms are directly linked to one’s bank account and PayPal is continuously working on its security system but there are some points which have to be taken into consideration. It is important to take certain precautions while using online platforms such as PayPal like, never share card details or your one-time password (OTP) with anyone who claims to be a bank employee. PayPal stores all important financial information in a single online “vault” keeping it encrypted. It also offers payback protection to keep you secure.
Answer: It depends upon the individual operator whether or not they will require you to use the same deposit and withdrawal method. However, it is preferable if you use the same methods throughout. Most sports betting sites with PayPal will encourage you to use the same deposit and withdrawal method for easy transactions and to avoid need for double verification.
Answer: Your account can get blocked by an operator due to various reasons, such as not providing all the required documents, or attempting to register as a minor. Plus, if you engage in bonus abuse or use of multiple IPs to get more bonus, then your account can get blocked.
Answer: PayPal itself has a special reward system where you can get a lot of bonuses by accumulating points and you can even get a cashback bonus. However, whether bookmakers with PayPal are offering you a bonus, will depend on their bonus conditions. Often, even sports betting sites with PayPal may disqualify PayPal deposits from bonuses, while others may have special offers for PayPal, so you should check the policy of the specific operator.
Answer: PayPal is known to be quite secure. However, if you are worried about the security of PayPal, you can always check the security features offered by PayPal. It will give you brief information about the security measures PayPal for security purposes.
Hackers are always trying to take your financial information and use it for their own sake. Here are some precautions you should follow:
By taking all these precautions one can save himself from all these phishing techniques and enjoy playing in the Best Betting Sites with PayPal in India.
When you are entering the world of gambling, it is important to use a secure means of transaction which is also fast. PayPal is fast, reliable and widely accepted by operators and Online Bookmaker with PayPal, making it a great choice for any punter looking to make quick deposits. If you are signing up for a PayPal account for the Best Betting Sites with PayPal in India keep in mind that you may have to go through a long verification process, but the benefits of PayPal will be worth it.