PayPal Bingo Sites

PayPal - Instant Online Bingo Deposits and Withdrawals!

Launched in San Jose, California, the US in 1998, PayPal is a worldwide-recognized and trusted e-wallet providing users with a safer and easier way to pay and get paid across the internet. Why Choose PayPal as your online bingo payment method? Fund your wallet and cashout using traditional methods like credit cards and bank transfer without sharing financial information with the online bingo site. This makes PayPal an ideal option for online gambling transactions.

It has quickly become a global leader in online payment processing, accepted in over 200 countries, states and territories. Available in many languages, accepting 25 currencies, allowing users to receive money in 100 currencies, and offering exceptional services, it has received over 20 awards from the business, financial and internet industry for excellence. It is used by over 300 million users all across the globe on a daily basis, for all kinds of payments and purchases, due to its simplicity, high-level security measures and encrypted transactions, and low fees.

Sure, it has had its ups and downs in the online gambling industry, considering the regulations involved in different jurisdictions, but it always manages to stay on top. PayPal restricted gambling-related transactions in the US market, but later it re-entered the market when the country changed its online gambling laws. Similarly, the German government ordered it to halt online gambling payments, and the UK forbid it from processing online gambling transactions of players who funded the wallet with a credit card, due to the ongoing ban on gambling with credit cards.

Nevertheless, PayPal is still a name you will find across most, if not all, online bingo sites. Its availability is unrivaled, standing next to giants like MasterCard and VISA. Therefore, finding a site that accepts it would be an effortless task for you to undertake. Let’s see how to get started with it and use it across online bingo sites.

Getting Started

Since simplicity is at its core, to get started with PayPal, all you need is an email address and a password, and in a minute, you’ll be able to pay online all across the world. Signing up for an account is free of charge and the process is extremely effortless.

Registration

1. Go to its official website and click on the Sign-Up button.
2. Enter your active mobile phone number, email address and create your password.
3. You will receive a message to confirm your phone number and email address.
4. Securely add your credit cards/bank account which you will use to fund your eWallet.
5. Depending on your location, you may be required to provide additional documentation including SSN (USA) or personal identification.

Once you've created your account, you can start making safe deposits and withdrawals with peace of mind. Your credit card/bank account will never be shared with your online bingo site. You should know that you would need to provide ID documents before you start using your eWallet, out of regulatory and tax reporting reasons. After you verify your account, you can start using it whenever you want.

PayPal has rolled out another useful product for you to use upon depositing at an online bingo site, One Touch. This is the feature that allows you to make a deposit without entering your email or password. By activating the feature, you stay logged in and check out without entering your password, but your financial info is still encrypted and secure.

Finally, you should know that in collaboration with MasterCard, PayPal has launched a line of cards you could apply for and use just like normal credit/debit/prepaid cards. Also, PayPal Connect is a line of credit available in certain countries, another product from the company which you can try, as long as you get credit approval from your bank.

How Do I Deposit at Bingo Sites?

As mentioned earlier, finding PayPal online bingo sites would be a piece of cake. Most, if not all bingo sites accept it, therefore, just find a site that you like, sign up for an account by entering your personal details and add it as your deposit method right upon registration.

Making your first online bingo deposit::

1. Click or tap on PayPal’s logo from the list of payment methods in the Cashier/Banking page.
2. Log into your eWallet by entering your email and password (later, before making your second deposit, you can activate the One Touch feature to remain logged in and not waste time entering your password).
3. Go through the authentication procedure and specify how much you wish to deposit.
4. Confirm the transaction and your money will be on your online bingo account in an instant.

Since you’ve previously funded your eWallet with your credit card/bank account and you already had funds on it, PayPal makes sure your deposits are transferred instantly. Therefore, as soon as you confirm your deposit request, you’ll be able to start playing your favourite 52-ball bingo games, 90-ball or 75-ball bingo games.

How to Withdraw Bingo Winnings

Withdrawing your winnings with PayPal is as easy. The procedure described for deposits is the same one for withdrawals. Log into your online bingo site account, then find the eWallet in the Withdrawals section. Enter the necessary details and specify how much you wish to cash out. As soon as the bingo site approves the withdrawal, the money will arrive right away.

Yes, PayPal is one of the fastest solutions for withdrawals across online bingo sites, and that’s mainly the reason why players choose it over any other. It offers instant deposits and withdrawals.

Available Currencies

When you’re sending money via PayPal, you can use 25 currencies. However, when receiving, at a currency conversion fee, you can use 100 currencies.

You should know that as of recently, PayPal has even made cryptocurrency transactions possible. You can buy, sell and hold select digital currency directly through the eWallet. These select cryptocurrencies are Bitcoin, Bitcoin Cash, Ethereum and Litecoin. This option, however, is only available to US players as of now.

Applicable Fees

Transactions with this incredible eWallet are cost-effective but are not fee-free. Certain services and features are free, such as registration and depositing at online bingo sites when no currency conversion is involved. No fee applies when holding cryptocurrencies on your account, but fees do apply when you’re buying or selling crypto. Personal transactions from your eWallet may also be conducted at no charge, 

Commercial transactions, which include online bingo site transactions, may incur a fee. You'll also be charged for receiving funds (i.e.online bingo withdrawal). Fees vary by country, so visit PayPal's official website for a current list for your region.

Allowed Countries

The list of countries where the eWallet is available is huge. There are over 200 countries, territories and states where you’ll find the solution. It is accepted all across the biggest gambling markets, so you’ll probably find it available in your country. However, not all regions and countries have the ability to use all of its services.

For instance, countries that can both send and receive payments are India, New Zealand, Norway, South Africa, among others, while countries that can send, receive payments and have automatic transfer are Albania, Egypt, Bosnia and Herzegovina and Dominica, to name a few. The list of countries that can only send payments is larger and includes countries like Belarus, Cook Islands, Maldives, Montenegro, Ukraine and the British Virgin Islands.

When it comes to its availability in relation to gambling markets, as mentioned earlier, some countries have banned transactions with PayPal. Therefore, before you decide to use it, check out your own country’s laws.

Helpful links

• PayPal official website
• All accepted countries
• Fees involved
• YouTube