Jul
26th

PayPal Accepting Online Casinos

Almost ten years ago PayPal UK, the online payment processing service put a stop to accepting transactions connected with online casinos as it feared that it could lead to prosecution in the United States.

However, PayPal has now changed its policy and members can now deposit and withdraw funds using PayPal’s services at more than 75 online gaming sites.

Over 70 million people from all over the world have signed up to make their online payments through PayPal and it is now also becoming very popular with online casino players.

At present PayPal accepts withdrawals or deposits in Euros, Pounds or Dollars and they set a minimum deposit or withdrawal amount at certain websites.

One of the online casinos starting to use PayPal is 32Red Casino. Pat Harrison, Operation Director of 32Red Casino reported that they are endeavoring to make it as simple and convenient as possible for players to join and play their gaming products and that including PayPal to their banking methods will give players the opportunity to deposit and withdraw easier as and at the same time manage their finances much better. He is positive that adding PayPal to their banking methods will attract many more players.

G2, a subsidiary of GTech Corporation which is a leading American gaming technology and services firm has also signed a deal with PayPal for its UK-facing bingo partners. The deal will offer G2’s UK bingo partners the chance to transfer funds online in a cost effective and quick way.

G2 is GTech’s new subsidiary and comprises its Finsoft, StMinver, Boss Media and Dynamite Idea businesses.

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