Whether you are new to online bingo or not, you are probably aware of PayPal, although you may not know what it is. For those unsure, here is an insight into what PayPal is, how you use it, and why you might want to use PayPal as your main payment option on bingo sites.
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What is PayPal?
PayPal is an online payments system which allows users to pay for things without having to enter their bank details every time they make a payment online. All you have to do to use the service create an account with them online. It’s a safer, faster alternative to using your card details.
How to join
If you’re interested in joining PayPal then simply head to the PayPal website and click on “Sign Up Now”. You will then be asked to enter your email address and password, and whether you want to have a personal account or a business account. You will then be asked which country you live in. Finally, on the PayPal Account Sign Up page you will be able to enter your information, and then click on Sign Up. It really is that easy, and making an account costs absolutely nothing.
Pros and cons of using PayPal for online bingo
That’s all find and good, but what are the benefits of using PayPal specifically for playing on online bingo? Check out the table below for more:
| Pros of Using PayPal | Cons of Using PayPal |
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The Breakdown
So how does PayPal bingo compare to other payment options on the net? Let’s find out!
Other eWallets
PayPal is an eWallet service, which basically means that you store money in an electronic wallet and have your cards in there to use when you want to. There are other eWallets, like Neteller which may be accepted on some sites that don’t take PayPal.
Generally, you have to sign up for an account and provide your details to use these. This may not suit players that don’t have a card that they can use online. It’s more convenient than using a card or some other alternate payment methods. PayPal also offers you fraud protection, so if something does happen to your account you could have any scammed money refunded.
Voucher Services
If you’re playing PaySafeCard bingo then you may prefer this to using an eWallet. It’s totally anonymous and you can pick up vouchers from a local retailer to use online. For many players, this is better than using a card online, as they just don’t feel comfortable doing so.
This takes a bit more effort though, as you have to actually go and buy a voucher, rather than topping up through PayPal or a similar service. You also can’t make any withdrawals through this method, so you might have to add a card or other payment method to actually get your hands on your winnings. Be aware that since this is an anonymous service, if you lose your voucher you can’t get it back.
Paying by Phone Bill
For many mobile players, phone bill bingo (that is, using your phone bill to pay) is just a no brainer. It only takes a few seconds and it’s a secure transaction between your phone provider and the operator. The convenience of this payment method is probably the best, as you don’t need to make accounts or add payment methods anywhere.
On the downside, the amount that you can deposit with this payment method is much more restrictive. Most phone bill providers limit you to £30 per day or less. Plus, like the voucher service you won’t be able to withdraw using this method.
For those that are confident in using their card online but want some additional fraud protection, PayPal bingo sites UK definitely come out on top. Other payment methods have their merits but there are also significant downsides to them too.
Summary
PayPal offers pretty much the perfect solution to most bingo players, though there are other options out there. Try out some of our suggested bingo sites that take PayPal to get started using this method.
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