Established under the name Confinity in 1998, it was later merged with X.com in 1999. 2 years later in 2001, it was renamed Paypal. The corporate headquarters of Paypal is located in San Jose, California but the company operates its services in over 200 countries and regions.
This exceptional global reach makes Paypal a much-preferred payment option for live casinos around the world. Paypal complies with laws and regulations within any jurisdiction it operates, which makes it a safe method for purpose of transferring money domestically or internationally. It is one of the largest US corporations by revenue.
Paypal also has operations in the Philippines and offers a lot of flexibility to its local customers. After account creation, the user can add their credit or debit card and start using their Paypal to make deposits at any merchant around the world that accepts Paypal. Paypal also allows the linking of a personal bank account with the Paypal account which enables a user to transfer money to and from the bank account directly. This makes for fast and easy withdrawals and is a very convenient option for international transfers.
Sending money to another PayPal account is as simple as inserting their e-mail address. Unlike other payment methods, a user is not required to recall lots of specific information for purpose of money transfer. This is one of the primary reasons for Paypal taking off in its initial stages, combined with a website that is easy to navigate and provides a user-friendly interface.