PayPal is the most popular online payment solution in the world. Since its establishment back in 1998, the American fintech company has won the hearts of both merchants and consumers. According to statistics, 41 million-plus transactions worth over $2.5 billion are conducted every day. Online gambling is among the industries that use PayPal.
Just like in the entire globe, PayPal is very popular in Serbia. Among the consumers and merchants who use PayPal in Serbia are live casino enthusiasts and casino operators, respectively. So, why is PayPal popular in Serbia?
PayPal is a Trusted Brand
PayPal is the most popular online money transfer service because it is a trusted brand. The award-winning company is on a mission to ensure the global economy is safer, simpler, and more powerful than today's. This is a mission that is slowly but surely coming to fruition. Since it came into service, PayPal has remained a favorite to buyers and sellers, including gamblers and gambling operators.
Fast and Secure Money Transfer
Another reason PayPal is a favorite among Serbian gamblers is fast and secure money transfers. PayPal has a robust infrastructure that facilitates instant deposits and withdrawals at live casinos and other gambling sites.
Typically, players receive funds in their accounts within minutes. Besides the expedited transactions, PayPal is safe and secure. The money transfer service's platforms are secured using the latest military-grade encryption. What's more? There are buyer protection features.
Gambling-Friendly Payment Method
While a good deal of online money transfer services shun gambling, PayPal is a gambling-friendly money transfer service as long as Serbian casino operators and players abide by its terms and conditions. Players don't have to worry when using PayPal to deposit and withdraw funds since the method allows both.