PayPal Bingo Sites

PayPalPayPal is one of the foremost e-commerce organisations on the World Wide Web who offer a number of services to consumers and businesses. Thanks in no small part to its tie-in with (and subsequent sale to) online auction site eBay, PayPal has become almost ubiquitous when it comes to making payments for goods and services on the internet. And that includes a good number of great online bingo brands (as shown in the table below).

One of the top 40 most visited sites on the net, PayPal has grown since its relatively modest launch in 1999 to become a giant of an organisation with annual revenues of almost $6bn (US dollars). They clearly wouldn’t be so successful if they didn’t take security and data integrity very seriously, and they pride themselves on offering safe, secure and easy-to-use services to customers.

PayPal Benefits

PayPal is a safe and efficient way for bingo players to deposit to and withdraw from their bingo accounts. Deposits are processed instantly and withdrawals are generally processed within 24 hours, and neither the bingo sites nor PayPal charge you fees for either. From a security point of view, many people feel more secure using PayPal to pay for goods and services (including bingo tickets!) than entering their credit or debit card details on each and every site, and though you have to add some financial details when setting up and depositing funds to your PayPal account, they are renowned for their fraud prevention mechanisms and exceptionally tight encryption of customer data.

PayPal Disadvantages

Though PayPal are very good when it comes to security, you should be aware that because of their size there are a lot of phishing scams that pop up, so read the fraud prevention help on the PayPal site before deciding to set up an account. Suffice to say if you follow their advice there is no reason you should ever fall victim to such scams and there is a strong argument to suggest using PayPal is a safer way of depositing to and withdrawing from bingo sites than debit cards, credit cards or bank transfers. Some might find the account verification process a bit of a pain, but this is integral to PayPal’s ability to maintain excellent security.

How to Deposit and Withdraw Using PayPal

Deposit

  • Sign up with PayPal, verify your account and deposit funds
  • Go to your bingo account, select deposit and select PayPal as the payment method
  • Enter the amount you wish to deposit and it will be instantly added to your bingo account

Withdraw

  • If you have deposited using PayPal the process to withdraw by that method is as simple, just select withdraw, select PayPal, enter the amount and, well, bingo!
  • The funds should appear in your PayPal account within 24 hours
  • If withdrawing from your PayPal account you can do so only to your bank account or you can use the funds for other online purchases