PayPal needs little introduction. It’s the obvious choice for many bettors, but is it the perfect payment method for you? We’ve pulled together the pros and cons of using PayPal at betting sites to help you decide.
Paypal offers instant deposits. Credit, debit cards and electronic accounts are among the options for trading with this electronic wallet. You can also use your PayPal account for sports betting sites, but also for traditional online shopping sprees.
The PayPal account can also receive transfers from other individuals or even from other companies. Another advantage of this online wallet is that it does not charge any fee for registration on the platform. Because PayPal offers an extra level of security, you can access shopping sites or betting sites abroad, ensuring that your transactions with that company are secure. Its interface allows you to carefully track any transaction you make online, so you no longer have to worry about where you spent money.
A disadvantage of PayPal is that the waiting time for withdrawals may be longer than for other electronic wallets. Also, keep in mind that PayPal’s customer service is very slow (although it has improved over the last years) so, when you have a problem with your account, you might need to wait for more than a week for a resolution.