What You Should Know about PayPal?
PayPal is considered to be one of the most popular payment methods used. Being available in around 200 countries, it has more than 400 active customers. It also accepts 25 currencies. As a result, many gambling sites use it as a deposit and withdrawal method.
Casinos that accept PayPal offer a high level of safety and security. This becomes possible due to high data encryption and two-factor authentication. Your personal data is not available for access by third parties.
To register a PayPal account, you need a bank account number and ID. Then, you will be able to play casino online with PayPal. Just make sure you have sufficient funds there. Connect your PayPal account to your casino account. Pick PayPal as a payment method for the selected online casino.
Pros and Cons of PayPal Casino in NZ
As a potential user, you should know everything about PayPal casinos. Most of them have positive and negative aspects.
Pros
Instant transactions
Instant processing times for deposits and withdrawals encourage a fast and easy user experience. The speed of transactions doesn’t depend on the used device, whether it is a mobile phone or desktop computer.
Safe encrypted payments
A high level of security is the absolute priority for PayPal. All transactions are 100% safe. Thanks to the latest encryption technology, third parties can’t access your sensitive data.
Local currency conversion
PayPal supports many international currencies, including NZD. This means that you can make transactions using NZD, whether you make a deposit or a withdrawal.
Mobile app & desktop payments
The average PayPal casino online is compatible with mobile and desktop devices. Moreover, you will be able to download a mobile app or use a browser version. The user experience remains equally smooth.
Convenience of use
The process of using Paypal on an online casino is quite simple. You just need an online banking account that will be connected to your PayPal account.
Cons
Lack of online casinos that accept PayPal
The number of online casinos that accept PayPal is quite limited. So it may take time to pick an option with the suitable terms and conditions.
Possible fees
Even though PayPal casinos NZ officially don’t have service fees, they still may have extra charges. In fact, the payment method itself imposes some charges when cashing out.
Available for limited countries
Even though the popularity of PayPal is quite impressive, its coverage is still limited. Online casinos with PayPal are available in New Zealand, but they are partially forbidden in Canada and Australia.
Making Deposits at PayPal Online Casinos
If you have a PayPal account with a connected bank card, you are ready to make a deposit at an online casino. To complete a deposit process with casino PayPal, take the following steps:
- Log in to the online casino and visit the cashier section. Select PayPal as the preferred payment method.
- Specify the amount you want to deposit. After being redirected to the PayPal website, you will complete your transaction.
- Get money deposited to your casino account within a few minutes.
Many NZ casinos that accept PayPal have soft policies for deposits. For example, they have reasonable deposit limits, from NZ$10 to NZ$20. You are free to choose the preferred policy. In some cases, you may have to pay a small conversion rate between 0.3% and 7.4%. Some casinos provide a special bonus for deposits made with PayPal.
Online Casino PayPal Withdrawal in New Zealand
Withdrawing money from a PayPal casino mobile or desktop is basically similar to depositing. You should open the page with payment methods on your online casino and select a withdrawal process. Then, you will pick PayPal as the preferred payment method, specify the amount of money to cash out, and confirm your request. Don’t forget to read through the terms and conditions beforehand.
The processing times usually depend on the gambling site. The average withdrawal is finalized within 24 hours. Once the funds appear on your PayPal account, you can leave them there or transfer them to your bank account.
Please mind that the minimum amount of money to be withdrawn is NZ$20. This is a relatively low limit compared to many other payment methods.
Tips for Using Casinos with PayPal Deposit
The PayPal casino list isn’t so long, but it involves some solid options. To make the right choice and have a smooth user experience, you may follow these tips:
- Join licensed casinos only. This ensures a high level of safety and security.
- Activate fingerprint identification if you use the PayPal app. Use a strong password with a mix of uppercase and lowercase letters and activate fingerprint identification.
- Avoid making transactions on public or shared devices. Avoid depositing and withdrawing money while using public WiFi.
- Stay away from phishing emails as they are never sent by PayPal. Don’t click on them and don’t complete downloads using internal links.
