PayPal is no doubt one of the most popular online payment methods globally, boasting over 300 million active users. It's also a preferred online payments solution in Indonesia, a country dubbed as the world's next digital payments battleground. One of the areas PayPal is commonly used to make online payments is the online gambling scene.
Recently, PayPal partnered with Indonesia's GoPay digital wallet giving GoPay's users access to over 25 million PayPal merchants, including live casino operators. This is one of the reasons that have made PayPal popular in Indonesia. However, several other factors make PayPal a favorite among casino gambling enthusiasts.
PayPal is a trusted brand. Founded in 1998, the award-winning fintech company has garnered the trust of both merchants and consumers. Today, it boasts over 300 million active users globally.
Another reason for PayPal's popularity is the state-of-the-art security. Over the past few years, Indonesia has been a hotbed for online fraud, but with the coming of PayPal, players can transact at live casinos with fewer worries about their security. PayPal encrypts all user data and has real-time transaction monitoring. What's more? PayPal has buyer/seller protection policies.
Fast Transactions, Low Fees
Perhaps the biggest advantage of PayPal is the fast transactions and low fees. PayPal deposits are instant, so players can get in the game almost immediately after depositing funds. Withdrawals are equally fast, but the turnaround depends on the casino - some casinos offer expedited withdrawals while others may be slow. PayPal offers relatively low fees for deposits and withdrawals when it comes to transaction fees.
While PayPal has so many advantages, gamblers should be careful as the company is strict. For example, PayPal can ban an account and freeze funds for months funds if there's any slight violation of the company's T&Cs.