PayPal: What is it?
PayPal is a system for making payments for online shopping. It is dedicated to both private buyers who add a card to PayPal or top up their PayPal account and pay for their purchases or make private transfers, as well as to online retailers for whom Business PayPal Account is used to select payments from customers.
PayPal: What is it?
Opening a PayPal account does not allow you to pay online, you need to connect a card with your PayPal account or add a bank account. Alternatively, you can choose both methods. There is an option to use PayPal without a card, only using a bank account or topping up the balance of your PayPal account. However, it is most convenient to use the cards associated with PayPal for online payments.
How to use Paypal at the bookmaker?
If you make frequent online transactions, you may have already heard about PayPal. What is it and what is it for? PayPal is an electronic wallet that allows you to make transactions for goods and services online, receive payments or transfer funds between users. It is a very popular payment method in the world: more than a million websites and online shops worldwide offer you the possibility to pay with your wallet.
PayPal: What is it?
Once the card has been linked, a one-time refund of PLN 6.5 will be blocked on the card.
This transaction will include a four-digit code that you will need to enter into your PayPal account to complete the card verification process. The allocated amount will be refunded during the first transaction with PayPal. A similar verification process applies to the connection of a bank account and making transfers from it to the PayPal account. Thanks to adding an account it is possible to withdraw funds received on PayPal to it – e.g. when withdrawing from a bookmaker with PayPal or when another user makes a private transfer to your account.
The third option of using PayPal is to deposit funds and pay using the balance. Verification and providing your credit card, debit card or bank account details is a one-time process. After that, the information is already in the system and the payments are made quickly and efficiently. There is no need to enter CVC codes or enter one-time codes from the bank to confirm payments.
Registration with PayPal
There is an easier way to register if you already have a PayPal account. You can connect your PayPal account with your bookmaker account. Just click on the button below marked on the screenshot above the form fields and then follow the instructions on the screen. You will be asked to log in to your PayPal account. Similarly, you can connect to your Google Account (Gmail, etc.) and not fill in the form. The button to sign in with your Google Account is next to PayPal.
PayPal reviews
What are the opinions about PayPal? Bookmaking forums, comments under articles or opinions from Google often contain quite contradictory opinions about PayPal. Many people praise PayPal for its security and ease of transaction. There are also many voices saying that the fees are high or complaining about problems with recovering money for transactions in which sellers proved to be dishonest. It turns out that as many as there are users, as many opinions.
PayPal is a global company with millions of users, so it is surely possible for dissatisfied people to get in. However, PayPal has many advantages and it is worth checking whether this wallet will work for online payments, also in the case of bookmaker deposits. PayPal will certainly work for Poles abroad, who also place bets on the phone.
Bookmaker. PayPal payments. Advantages and disadvantages.
Benefits:
- A secure transaction in which credit card details are not fully disclosed to the bookmaker, and the depositors are protected by a security program and encryption.
- Many options of using the wallet: the possibility of topping up the account and paying from the balance, connecting a credit card or bank account – a lot of possibilities of methods of depositing for the bookmaker
- Free account registration, no monthly fees and free transactions for buyers in national currency if there is no currency conversion
- Served in 190 countries
- Internet and mobile application, which results in easy deposit or withdrawal of the PayPalem bookmaker from many devices.
Minuses:
- Currency conversion costs: additional commission is charged in addition to the basic exchange rate
- Registration requirement: it is not possible to use PayPal as a payment gateway, where only email is given and payment can be made; you need to have a verified account.
- Charges are levied for collecting payments: if they come from a distant country and are in a different currency, the charges will increase significantly.