PayPal is a third party payment processing company that allows consumers to buy products and services on the Internet. It, also, provides merchant services to companies to sell their services and goods to consumers. PayPal launched its services back in the year of 1999 and has since grown tremendously. PayPal was bought out by the eBay company ns 2002 and currently holds more than 170 million created accounts in their database.
Luxembourg’s financial authority does not only license the PayPal service, but they, also, regulate PayPal. PayPal is accepted by hundreds of countries worldwide, while still seeking to expand in other areas. It is free for all to register whether an individual or a company.
PayPal may be used at some online gambling providers to make deposits. The process for making that happen first involves creating one of the three PayPal accounts available to open. After an account is funded, then the next step would be to verify the account, fund it and go to a gambling provider that accepts PayPal as a gambling deposit method and select it. Be sure to enter the amount to be deposited.
In order for online players to get an PayPal account for gambling they would go to the PayPal site on the Internet and sign up. The steps would involve:
Online players would need to have a PayPal account first, that has been funded in order to make a depositing into a gambling site that accepts this method of account funding. It is important to be aware that this gambling deposit option is only available to European players who participate in gambling activities online. Once their accounts have been funded, the next step is to find a PayPal accepted gambling site to play at and select PayPal as the choice of funding of that account on that particular site. When funds have been added successfully, then the online player will be able to use those funds for their future online play.