Why South African Gamblers are Turning to PayPal for their Betting Needs
For many South Africans who gamble online, depositing and withdrawing money from online casinos has always been a major concern. Most online casinos that accept South Africans are based overseas.
That means South Africans need international payment companies like PayPal and Skrill to help with banking at casino sites. PayPal is particularly popular nowadays for several great reasons. Here are some of them:
Accepted at Top Casinos
PayPal is so big that if it were bank, it would be the 21st biggest bank in the US. It has more than 300 million customers and works with more than 10 million merchants. In the casino space, PayPal is one of the most supported digital wallets.
Unlike alternative payment methods, say Apple Pay, PayPal is accepted at tons of online casinos. This means South African gamblers have plenty of options when looking for a reliable PayPal gambling website.
Of course, not all PayPal casinos are reliable. If you’re looking for kws PayPal gambling in South Africa, consider comparing top casinos at bestcasinosites.net. The site lists only the best PayPal casinos, which makes it easy to find a reliable website.
Easy to Use
One of the reasons that made PayPal a global success, according to former co-owner Elon Musk, PayPal is pretty user-friendly. Creating an account takes a couple of minutes, including the card-linking process that makes it possible to transact.
Paying with PayPal is equally straightforward. It has two properly-labeled buttons: send and receive. Once you select a recipient, choose an amount and hit send, the payment is completed instantly.
Withdrawing money from PayPal is fast too. You can send your money to your main bank account, or send it to another mobile wallet supported by PayPal. To be clear, PayPal has a user-friendly interface for both PC and mobile devices.
Great Limits and Fees
PayPal allows you to send as little as $1. Sadly, most casinos don’t support such a low limit. Instead, they set their limits at $10 for minimum deposits and up to $10,000 for the maximum you can deposit or withdraw.
All the same, $10 is a low limit considering PayPal charges zero fees when depositing money to online casinos. It’s also lightning fast as we mentioned. Crucially, withdrawals to PayPal are often much quicker compared to other e-wallets, credit cards and bank transfer.
Precisely, a withdrawal made from an online casino to Visa or MasterCard takes an average of three days. With bank transfer, this transaction can last anywhere between three and five days. By comparison, your money gets into your PayPal account within five minutes, a couple of hours or a day at most.
Because many online casinos for South Africans are based offshore, choosing a safe payment partner is of paramount importance. No one wants to deposit money at a fraudulent website. Equally, no one wants to see their data get leaked.
PayPal protects casino players by securing their data. It uses SSL encryption to secure its website. It also provides password protection and two-factor authentication to help players secure their accounts even further.
What’s more, the popular e-wallet has a service called One-Touch that lets you provide your financial information just once. Henceforth, PayPal lets you deposit money at multiple online casinos without the need to reveal your banking information repeatedly.
Additionally, PayPal has high-standards for the companies it partners with. Every PayPal casino needs a legitimate license. The operators also need to secure their websites and provide fair games.
Like millions of casinos around the world, South African gamblers love bonuses. Sadly, they can’t earn bonuses with most local payment options. PayPal is different in that it attracts bonuses at the best online casinos.
If a gaming app has a 100% welcome bonus worth up to $100, you can claim this bonus if you deposit using PayPal. If there’s a reload bonus worth $50, chances are you can also claim the reward.
By comparison, deposits made through Skrill and Neteller don’t always qualify for bonuses. Yet, casino freebies can come in handy when you want to play new games, save on your bankroll or try new strategies.
The best PayPal casinos have a wide range of bonuses, which is yet another reason South African gamblers choose operators that support the digital wallet. The explanation, as we mentioned, is that PayPal works only with safe, trustworthy and reliable casinos.
PayPal was one of the first online payment companies to develop a mobile app. Back then, many of its competitors catered to people with desktop computers. But PayPal saw a need to reach out to its mobile customers.
Nowadays, more South Africans gamble through smartphones than through desktop computers. And PayPal plays a small role in it: the company helps players deposit and withdraw money stress-free.
The main reason for the growth of mobile casinos, of course, is that operators have improve their mobile services tremendously. Apps are interactive, smooth and efficient on both android and iOS devices.
There are plenty of mobile casino games in 2021. This hasn’t always been the case. Mobile gaming security has also advanced. In fact, mobile casino gaming is now at par with desktop casino websites if not better.
PayPal doesn’t just secure your personal data. It also provides an option to ask for a refund if you run into a scam casino. The way this service works is that PayPal listens to both your and the casino you have an issue with.
The casino is given a chance to provide evidence that it deposited money into your account and that you spent it. If it can’t provide evidence, PayPal refunds the money back to you. In many cases, PayPal tends to site with the customers.
Chargebacks are often controversial because some casinos feel like players misuse them. This is why not every casino accepts PayPal. Otherwise, nearly every casino would accept the digital wallet: it provides much better services in general compared to its competitors.