When it comes to paying for your items on the internet or depositing and withdrawing from various accounts there are countless ways for you to do it, but one of the most prevalent is PayPal.
Websites that Take PayPal
There are a variety of new bingo sites that accept PayPal as a form of payment. The list of websites available that use PayPal is near endless, so we singled out the best ones for you:
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What is PayPal?
Most people already know what PayPal is, but for those that have never used it before here’s a few of the basics.
PayPal is a secure payment method for you to pay for items, deposit and withdraw from various online accounts.
How to Sign up?
PayPal is incredibly easy to sign up for, all you have to do is go on to the PayPal website, select ‘Get Started’ then just create your account following the onscreen instructions to create your own safe and secure account.
One of the main reasons that people tend to use PayPal is the security that PayPal provides.
There’s also the high speed rate of money transfer that they operate their systems on, making the act of tracking transactions relatively easy as they instantly appear on your account. It’s faster than the standard Visa or Debit system which can normally take a few days to clear and then show up on your account.
The downside is that although many people treat PayPal as a sort of bank for transferring money, it isn’t actually required to be regulated like one, so they’re not as secure as a bank so if your money gets stolen it’s gone for good.
Plus many users have experience sudden and unexplained freezes on their accounts.
Worst of all, if your account is frozen you can’t withdraw or add any money into the accounts and you have to go through a long and laborious process to get your identity verified by various PayPal security.
There’s been the rare occasion of PayPal seizing their user’s funds with no explanation and no expectation of them ever being returned.
Although PayPal tends to be popular because other overwhelming positive attributes, there are other payment methods available.
But for argument’s sake we’re going to compare another equally popular method of depositing into your account.
There are quite a few Paysafecard bingo sites out there. Paysafecard is a method by which you purchase vouchers either online or from a vendor that provides them. Essentially they work as a form of token, you put money of any amount upto the total of £100 into your voucher and then using the unique sixteen digit code that comes with your voucher you can then spend it how you like.
The downside of this form of payment is that the money isn’t stored online, all the details are on the vouchers. Which of course can be lost or stolen and when they’re gone, your money is then gone forever.
You can apply for a replacement voucher with a new sixteen digit code on it, but if you don’t act fast enough your code could be used by someone else and then you really won’t get your money back.
To sum up, PayPal is definitely the way forward when it comes to making payments and withdrawals online. It follows the three cardinal rules of using money online: it’s fast, it’s safe and it’s easy to trace.
PayPal is the way of the future for online finance manipulation and the more bingo sites that accept PayPal are launched the better, because when it comes to managing your money nothing else is better than PayPal.