Carrying out any financial transaction online is fraught with the risk of fraud these days and even those who have credit cards are becoming reluctant to use them online. Luckily there are other options such as using payment portals like PayPal to carry out online payments. PayPal bingo is now also making bingo transactions safer with payment solutions specifically tailored to the needs of online bingo players.
PayPal is a fairly simple system to use and one only need register and open an account to begin using the facility. Once this has been done the PayPal account is funded by making direct deposits or EFT (electronic fund transfers) transfers from your bank account to have a balance to use for funding your bingo account.
Any winnings you have on PayPal bingo sites can then be withdrawn to your PayPal account to be reused on line or dumped back into your bank account.
PayPal has been working hard at fostering relationships with an increasing number of bingo sites and there are many bingo sites that accept PayPal as a payment method. Here are a couple of the better known PayPal bingo sites.
Paypal is one of the most popular and trusted online money transactions systems. For various reasons, people prefer PayPal for making their online payments, to using their cards directly on unknown websites.
PayPal uses no numbers for recognition of customers. You have to give your email id as your account number and all the payments that are made through PayPal, go to valid recipients who also are PayPal members with a registered email id.
The benefit of this system is that you never have to give your credit/debit card details to untrusted websites. Even if your PayPal account details are stolen, the most that you can loose is, the amount that you have deposited in the PayPal account.
Online Bingo With PayPal Account
If you have ever wondered about the safest way of making deposits on online bingo sites, you need not to wonder anymore, as the answer is PayPal. PayPal is a world-renowned online money transaction system. The motive of PayPal is to make online money transactions, whether it is receiving money or making payments, simple and secure.
The simplicity comes from the fact that you don’t have to fill out forms on the website that you have the transaction with. You just need to enter you PayPal Id and the amount and you are done. The process is so simple that it can be done without being confused a bit, even on the very first time. The security comes from the fact that while making transactions with bingo PayPal websites; you don’t have to disclose you credit card details to the website. All you use is your PayPal id.
Now that I have praised the methods of PayPal, let me explain the steps to you, with which you can set your PayPal account for playing in bingo PayPal sites:
- The first thing to do if you want to play bingo with paypal is to make an account on PayPal. The account can be made by filling out a short online form, with your personal and credit card details. Once PayPal confirms your credit card, it gives you a PayPal Id to make your transactions. So, while making the online bingo deposits or while redeeming the winnings, you just have to use your PayPal Id and not your credit card details
- Now that you have a valid PayPal account with an ID, you have to deposit some amount into the PayPal account. A very important thing to remember while doing this is to deposit only enough amount to make up for your next gaming session. Don’t deposit too much amount as that will be useless and in risk. The best way is to make an estimate of your spending needs and then make the deposits accordingly.
- Once you have some amount in your PayPal account, you can go ahead with making the deposit on the bingo paypal website. You have to go to the Make Deposit page of the site and then choose the PayPal payment option.
- Specify the amount and your PayPal Id. Once you are done, press PayPal and you will be redirected to the PayPal website. Here, the confirmation for the payment will be taken from you. Once you confirm the payment, the deposit will be made. This bingo deposit may have promotional offers running and if that is the case, you should not forget to make a mention of the promotional code while making the payment.
- Once the deposit is made, you can play bingo with paypal. In case you are lucky and hit a jackpot, you can redeem the amount by following a similar process.
Now that you know how to set your PayPal account and use it for playing Bingo, go ahead and try the real thing by playing some online bingo with PayPal now.