Paying by PayPal India

People who depend on online transfers for sure know about PayPal. It’s probably the most popular international fund transfer method of our time. Primarily based in the US, PayPal has pretty much revolutionized online payments for us. 

The same goes for the iGaming industry as well. Most of the online casinos you can find in India accept it as a deposit method. Most of them allow withdrawals too! The fact that PayPal is available with its full itinerary of services in India has worked to the benefit of the industry. 

In our post today, we’re going to explore different aspects of the payment method and learn how you can deposit and withdraw using it. Without any further ado, let’s get started. 

What is PayPal?

PayPal is technically an e-wallet that you can use as a bank account as well. But keep in mind that you cannot use it as a bank account because there are no interests. It was founded back in 1998, making it one of the pioneers in the e-wallet industry. 

Did you know that Elon Musk was once a shareholder in PayPal? Although he later sold his shares and started SpaceX, it has been an interesting trivia. Another Trivia is that the name of the company was not PayPal from the very beginning. It was Confinity!

PayPal has shown the world how seamlessly it has integrated with all major merchants and banks all over the world. Using the Xoom component, you can send funds directly to any bank account you want, anywhere in the world you want! Some of the other PayPal components are Venmo and Zettle. 

Staring from the sign-up to account deposits to withdrawals, every step of the way is paperless. You don’t even have to set foot outside the comfort of your home. Even if you did, it wouldn’t benefit you in any way because the entire operation is handled online. 

Another huge benefit of using PayPal in India is that you can use it as your primary mode of transaction. Online merchants, offline merchants, banks, and even online casinos in the country accept it and respect it as a safe and reliable payment method. 

How Does PayPal Work?

If you’re familiar with how e-wallets work, you might already know how PayPal works. You start by opening an account, which we’re going to cover in the next section. Then, you deposit into your account using regular banking channels such as account transfers or card payments. 

Once you have the funds in your PayPal account, you can do whatever you want with it. In fact, the company has added the facility to buy Bitcoin right on the wallet! Keep in mind that your unique identifier for this payment method is your email address. Whether you’re receiving funds or sending them, it’s the email address you’re going to use.  

How to Get Started with PayPal?

Before anything else, you’re going to need a PayPal account to deposit into your casino account. Thankfully, signing up for PayPal is a very streamlined process. You can complete the entire thing within a few minutes.   

  1. Go to the PayPal website and click on the “Sign Up” button. The interface is very minimalistic with eye-friendly colours which we really liked. 
  2. On the registration form, enter all the necessary information along with your valid phone number. A phone number is mandatory and it must be registered in India if you want to seamlessly use the account. 
  3. Once everything is done, you just verify the email. PayPal will send a link to your inbox. All you have to do is click on the link to verify. 
  4. Once the verification is done, you can just go ahead and start the real money transactions. The whole process shouldn’t take any more than 5 minutes in our opinion.   

How to Deposit into Your Casino Account with PayPal?

The primary purpose of this guide is to educate you on PayPal casinos. So, how can we leave out the instructions on how to deposit into your real money account? Follow the steps below for the most seamless transactions. 

  1. Log in to your casino account. On the “My Account” section, you should find a button or a link that refers to the deposit page. Click or tap on it. 
  2. Select PayPal from the list of offered methods. If you’re following our guide, it should be a walk in the park to find a PayPal casino. You can see all the brands right on this page. 
  3. Enter your desired deposit amount. Make sure you’ve read the minimum deposit requirements beforehand. Entering an incorrect amount will just decline the transaction. Or, you might even get disqualified from the welcome bonus. 
  4. On PayPal’s SSL-protected interface, enter your email address and password for your account. The deposit should be processed immediately.   

How to Withdraw from Your Casino Account

Just like the deposit, you can withdraw your real money funds as well as the winnings you generate from the games using PayPal.  

  1. If you’re already logged into your account, go to the withdrawal page. It might be a part of the deposit page or there can be a dedicated page as well. 
  2. Select PayPal if it’s not already selected. 
  3. Enter the amount you want to withdraw and provide the casino with the necessary information. 
  4. Most online casinos have a pending period before your withdrawal request is processed. Allow that time and check your PayPal account. The money should be right there.   

PayPal Fees

The cost of being a very convenient payment method is the fees. While PayPal casinos don’t charge anything from the players, the method itself has some operating costs. For example, deposits and withdrawals from your account will incur a small fee every time. 

Also, when purchasing something online or sending money to a different country, you’ll need to pay for processing as well as currency conversion.  

Read more

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