Best PayPal Bookies

Should you use PayPal at an online betting site?

Given the size and popularity of PayPal, many have already used it and are quite comfortable with how it works.

If you are a PayPal newbie it’s understandable that you might be a bit hesitant, so we’ve put together a few FAQs to ease your mind.

Q: What is PayPal?

A: It might surprise you to know PayPal is the third most popular payment option in the world. Visa and Mastercard are the first and second. Nearly every website in the world that accepts payments includes a PayPal option.

Q: Is PayPal safe?

A: PayPal is safer than using your credit card online, since you never have to share your card info with the end user. This decreases your chances of being a victim of fraud or identity theft. All transactions are encrypted and monitored.

You are also protected in the case of a dispute or other problems. Simply connect with their Resolution Center, which is very customer oriented.

Q: What is their signup process?

A: It’s quick, easy, and free. Follow the Sign Up button in the top right and provide the requested info. Note that you must have a bank account and debit/credit card to complete registration.

Q: Does PayPal charge fees?

A: Yes. Making a payment is free to you, but they do charge fees for the following:

Currency conversion. Any conversions that take place between your own local currency and the local currency of the site you’re on will incur a fee. Depending on localities, this could be anywhere between 0.4% and 7.4%. Seeing as you should only bet with UK licensed operators, this should not affect you.

Money Transfers. If you need to transfer money abroad, depending on how you fund the transfer and where the transfer is going, there is a fee of 0.3% to 7.4%.

Receiving Payments. If a transfer is funded by a credit card there is a fee of 3.4% + 20p. Who pays that fee is up to the sender.

Q: Why bother with PayPal?

A: There are several reasons, but here are a few:

• It provides you with a Digital Wallet
• Since you don’t share your credit card info with the bookmaker, it’s an extra layer of security for you
• Deposits are instantaneous
• Once you have funds in your PayPal account you can easily disperse them amongst multiple online casinos and sports betting sites

Q: What payment options does PayPal provide?

A: PayPal offers multiple options:

PayPal App. Download the app to your phone and send or receive payments. Some outlets also let you use it to pay in-store.

Digital Wallet. Allows you to store all your debit/credit cards and bank accounts in a single place.

PayPal Access Card. This is a Mastercard branded debit card that is linked to your account. It comes with all the features a normal debit card would.

Q: Do all bookies and online casinos accept PayPal?

A: Not all, no. Simply because not all online gambling establishments are legal. However, you will find PayPal available at some of the top-rated online casinos and sports betting sites.