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PayPal is one of the safest means to transfer money online for playing slots. The online payment processor eliminates the concept of middlemen, interacting directly with banks. It uses thousands of servers that work on the Linux operating system. These servers are connected to an offline data server that stores customers' information, which is encrypted and then transferred to and from the servers when the transaction actually takes place.
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As one server does not exchange information with another, it is very unlikely for anyone to be able to hack the highly encrypted systems to get details from the offline database. The step-by-step transaction process that PayPal applies is what protects its members' data, and makes it one of the safest means to transfer money to play online slots.
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How to Use PayPal for Playing Online Slots
Being the most popular online payment processor out there, PayPal is accepted by almost all the existing online casinos. Using PayPal for playing your favorite online slots is easy. Here is a step-by-Step process to use it for playing online slots.
1. The first step is to visit the official PayPal site and create an account.
2. Click on the Signup Now button on the site, and continue the registration process by choosing your country.
3. Once the account is created, you can fund it through your debit card or transfer directly from your bank account
Once your PayPal account has the funds, just find an online casino that accepts deposits through PayPal and you will not have to worry about your credit card number or bank account details being compromised.
Online slots can be played by choosing PayPal as your preferred deposit option to fund your online casino account. On the deposits page of a casino, select PayPal as the preferred mode of payment and then access it through your login Id and password, to transfer funds to your online casino account. You can also get the winnings from online slots directly to your PayPal account.
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Online slots can be a great way to spend your free time and beat stress. Smartphones and other mobile devices that we have today allow us to play mobile slots wherever we are. And you can enjoy mobile slots as long as you want, with payment processors like PayPal enabling you to fund your mobile casino account from anywhere.
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So the next time you run out of money in your mobile casino account, you can use PayPal to fund it, through your mobile. This, however, would be possible if the casino allows you to make deposits and withdraw through its mobile gaming platform.
How Do I Cash Out My Winnings from a PayPal Slots Casino?
PayPal is also the safest option to withdraw your winnings from playing online slots. If you have used PayPal to make a deposit into your online casino account, you will also be able to use it for withdrawing your winnings. Place a request with the casino to credit your winnings to your PayPal account. Once the amount is credited, you will be able to transfer it from your PayPal account to your bank account, from where you can withdraw it.
Which Countries Are Able to Play Online Slot Machines with PayPal?
PayPal functions in over 190 countries across the world and accepts 26 currencies. With millions of customers, 232 million to be precise, PayPal is perhaps the largest online payment processor in the world. Among the currencies that PayPal accepts are US dollar, pound sterling, Australian dollar, Canadian dollar, Chinese Yuan, Euro, Japanese yen, Swedish kroner, Mexican peso, and Swiss franc.
So no matter which country you belong to, or which currency you use, you can use PayPal to play slots online. One of the benefits of choosing PayPal for your casino payments is that you won't have to pay any currency conversion charges if it processes payments in your native currency. Also, compared to other payment processors, PayPal has lower service charges for personal accounts, which makes it a better than the rest.
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PayPal is one of the most popular ecommerce payment processors that enable secure payments over the internet. Because of its popularity and the level of security of ensures, it is one of the most common modes of payment, preferred by both ecommerce sites and online casinos. PayPal was founded in 1998 and has its headquarters in Palo Alto, California. Today, it has over 1000 employees and a very strong security system to protect the information it gets from its customers.
In early 2000, PayPal was the preferred mode for online payment for auctions on eBay, beating the ecommerce site's own payment option called Billpoint and Citibank's c2it. In February 2002, PayPal had processed payments for over 200,000 auctions on eBay, while Billpoint had only 4000. Only two months after that, in April, PayPal was being used for more than one million auctions that took place on eBay.
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This amazingly quick growth of the payment processor was one of the reasons why it was acquired by eBay for $1.5 billion in October 2002.