PayPal has been around since the early days of making online payments. The company was founded in 1998. It was acquired by eBay in 2002 and has built a steady reputation for being one of the fastest and most efficient ways to make transactions online.
PayPal has been adopted by many live casinos for this reason. It's safety and security features are also top notch for making deposits. Since it's takeover by eBay, it has expanded its services into more vendors and retailers.
PayPal has many different uses. Firstly, it can be used for simple money storage. Players can send money to PayPal from a bank account or credit card. Money can also be sent from other people or employers to PayPal. Stored funds can be sent to friends with PayPal and online retailers and online casinos. PayPal has many safety features in place like 2FA and transactions are relatively anonymous.
PayPal is widely used by countries like Taiwan but is also popular among European players. It has high transaction limits and low fees. Furthermore, players have confidence knowing that they are using a trusted brand. This is despite reports of poor customer service. Players link their PayPal to most bank accounts and Visa or Mastercard. The company's headquarters is located in San Jose California in the U.S