PayPal Re-Enters The Online Gaming Segment
PayPal has now re-entered the gaming segment for the first time sine 2003. Online players now enjoy a variety of trusted, fast and easy payment methods from top online casinos. In 2003, PayPal announced that they would no longer support online gaming in the United States. At the time, the United States was one of the biggest online gaming sites in the world and by far the largest transactors for online casino sites.
By 2015, a couple of online gambling sites in the US started by September accepting payments via PayPal. At the time, the sites included DerbyGames.com and WSOP.com and players could deposit and withdrawal via PayPal. By accepting PayPal the casinos who decided to accept PayPal as a payment option found that transactions were easier for gamblers at the time, allowing them to credit their accounts instantly and the alternative allowed players to enjoy instant credits instead of waiting for their cheques to arrive after winning.
PayPal also protects clients and illuminates concerns such as online fraud and identity theft. All transactions are protected as well as customer’s details with the latest technology to safeguard all money transactions against fraud. A team of specialists continuously updates systems to ensure no security issues takes place and customers account are tracked at all times for suspicious activity and PayPal ensures players that their services are safer than most credit cards.
While players from the USA still continue to run into rejected credit card transactions, players have started using pre-paid options such as Pasteandpay, MST Gift Cards, Union Pay, Prepaid Visa, Prepaid MasterCard, Prepaid American Express Cards, Greendot Moneypack, Vanilla Reload and Reloadit. Non-USA options include Ukash Prepaid Cards, PaySafeCard, EntroPay, EcoPayz, WebMoney, Neteller, Skrill, and PayPal.
PayPal became one of the largest e-wallets used by UK players and is well respected in the prepaid online banking industry. Internationally online casinos provide players with a huge variety of banking methods for both safe, fast and secure options that enable players to fund their accounts instantly and withdrawal within just a few moments.