The Best Paypal Casinos in India
With more than 100 million customers in existence, PayPal is doubtlessly the most popular e-wallet. Known as to be among the safest ways of transferring funds online, e-wallets do not demand you to submit personal financial information each time you transact. This security feature is well offered by PayPal. PayPal has very stringent policies in place as it takes its customers’ safety very seriously and has very strict requirements for online casinos. As such, there are very few online casinos that support this e-wallet among their payment methods, but the number is bound to increase impressively with the growth of the gambling industry. PayPal is freely available for Indian players and doesn’t charge when receiving funds from online casinos. However, in other transactions that involve sending and receiving funds, PayPal could apply a transaction fee of 3.4% for domestic transactions and 4.4% for international transactions.
- Extremely safe to use
- Highly versatile, meaning you can shop, send and receive money using PayPal
- PayPal is very easy to use
- Deposits reflect instantly
Online Casino PayPal: Get started with PayPal in India
Using PayPal at PayPal casinos in India is possible. The first step is to sign up for a PayPal account and deposit some funds in it. This isn’t much different from creating other accounts, but this uses a higher security level. You need to provide your phone number, a government-issued ID number, and address. After you are done creating your PayPal account, you will have to verify it, add a credit card and top it up. It is also compulsory for you to verify the credit card to lift the limit of your PayPal account. When verifying your credit card, a number is added to the PayPal transactions’ receipt. You can get this number from your credit card statement or bank, enter the number in the field as required and you now have your PayPal ready! You can play at all PayPal casinos with real money. PayPal’s platform is user-friendly and is seamless to use, with simple instructions guiding you along the way.
Online Casino Paypal: How to deposit money to a casino via PayPal
First, ensure you’re playing for real money at a PayPal casino prior to depositing money into your casino account. The procedure is quite simple – Just navigate to the casino’s cashier section and choose PayPal and type in the amount you would like to deposit from your PayPal account. The casino site will then redirect you to your PayPal account to complete the payment. PayPal deposits reflect in real-time, and the funds will appear in the casino account instantly. You must have funds that exceed the minimum deposit required by your casino, plus the transaction fee for some casinos. If there are insufficient funds in your PayPal account, it gives you an option for you to allow the casino to directly bill the linked credit card. In most online casino sites, the minimum deposit is 1000 rupees or $10. However, high-end and modern online casinos may have a higher minimum deposit of around 2000 rupees or $20.
Online Casino Paypal: How to withdraw money from a casino via PayPal
Withdrawing your winnings from an online casino using PayPal is a breeze. All you need is your PayPal email or username. However, there are some instances when you could be required to verify your identity by providing a government-issued ID and proof of address. Just go to the withdrawal section of your casino, select PayPal and provide the information needed. Since the withdrawal times are among the best in the business, funds will reflect in your PayPal account in less than an hour and instantly in some cases. Online casinos that use PayPal must meet strict regulations from PayPal. As such, some funds may take up to 24 hours to reflect. You can then withdraw the money to your bank account or credit card, which is done from the PayPal account management. There are some fees applicable when withdrawing funds from PayPal, which includes a 4% currency conversion fee. PayPal funds can also be used for online shopping.
Am I safe playing in online casino PayPal?
Without any doubt, it is absolutely safe to play at online sasino PayPal in India due to high requirements from PayPal. PayPal casinos also use SSL-encrypted technology on their sites, which means your financial and personal data is unreachable to hackers and cybercriminals. Additionally, PayPal casinos in India are licensed by the world’s biggest gaming authorities, they operate legally and are regularly tested by third parties. India’s gambling market is worth more than $100 billion, but the Indian government has a convoluted perspective and has also put it in a grey area in this sector. That said, the Reserve Bank of India (RBI) restricts banks from allowing transactions involving gambling merchants. This makes direct bank transfers or credit/debit card withdrawals very unreliable. PayPal has come as a relief and complies with RBI policies by following cross-border strict standards for money transfer. Just sign up at an online casino PayPal of your choice and try your luck without worrying at all!