Best PayPal Poker Sites

PayPal Poker Sites: Frequently Asked Questions and Answers

Q: What is PayPal?

A: PayPal is an online payment option that has become quite popular over the last decade or so. Previously owned by eBay, it was an easy option for buyers to use.

Close to 300 million people currently use PayPal, placing them at number three in terms of popular payment options, with Visa and MasterCard taking first and second place.

Q: Is PayPal safe?

A: Yes. PayPal is very safe to use. Some might say it’s actually safer than using a credit card online. When using PayPal, no end user has access to your actual banking or credit information.

Some of the security measures that PayPal has in place include monitoring and encryption of all transactions. And should problems or issues arise, they have a Dispute Resolution Center.

Q: Is It Easy to Get a PayPal Account?

A: Obtaining a PayPal account is free, and the process is simple. Just navigate to their Sign-Up button and fill out the registration form. In order to be approved for a PayPal account, you do need to provide them with either debit or credit card information as well as a bank account, but this should all be easy and simple for any UK resident over 18 years of age.

Q: Are There Any Fees?

A: Yes. PayPal does have a fee structure.

Money transfers. If you need to transfer money overseas, you pay a fee of 0.3% to 7.4%. The amount depends on where you’re sending the money and how you are funding the transfer.

Currency conversion. If there’s a difference between your currency and the currency of the poker site you are using, fees fall between 0.4% and 7.4%, depending on locations.

Receiving payments. If the payment is funded using a credit card, a fee of 3.4% + 20p will be charged. Who pays the fee will be decided by the sender.

Q: Why bother with PayPal?

A: There are probably more reasons than we will list here, but here’s a couple:

• The option to use their Digital Wallet
• The added protection of knowing you are not sharing your credit card with an end-user
• Almost instantaneous deposits
• If you choose to fund a PayPal account, you have the option of sharing that fund across several poker sites

Q: What are PayPal’s Payment Options?

A: There are several:

• The PayPal App
• Digital Wallet
• PayPal Access Card

Q: Does Every Online Poker Site Accept PayPal?

A: Several, but not all. Ultimately, it’s up to each site to make the choice to use PayPal or not. Having said that many reputable sites do as more and more poker players like the added security that comes with using Paypal.