PayPal Casinos in South Africa
When it comes to online payment options, there is none more popular or reputable than PayPal. Founded in 1998, the company has grown from strength to strength to become a leading option for transfers on the internet. The service is committed to offer safe, secure and convenient banking with minimal fees and even less fuss. PayPal provides services via an open digital payment platform, which is used by almost 200 million account holders and is available in more than 200 markets around the world. Additionally, the payment method allows transfers in more than 100 currencies, while withdrawals are possible in over 56 currencies. PayPal has made transferring money quicker and easier than ever before, both from your desktop or mobile device. And all you need is a PayPal account, which is registered with your email address.
Many online establishments make use of PayPal as a way for customers to make transactions over the internet. One industry that has certainly thrived in the PayPal space is online casinos, as it allows for transactions at licensed and regulated operators all over the world. This means of transferring money is very popular at online casinos. In fact, many players prefer using this banking method as it is safe, convenient, cheap and user-friendly.
How to Make Deposits and Withdrawals with PayPal
Making deposits with this method is easy at online casinos. Players must simply set up a PayPal account, which is linked to their email with their debit or credit card. Once this is done, go to cashiers, choose PayPal as your preferred payment method, then submit the amount you want transferred.
Processing withdrawals works similar. Simply check out the minimum and maximum amounts allowed from your casino account and select PayPal as your withdrawal option. Now enter the amount you want to withdraw, add your email address and follow the steps to complete the transaction.
PayPal Fees & Timeframes
In most cases, players are not charged an additional fee when transferring funds from PayPal into your casino account. That said, PayPal could charge a fee, so be sure to read the terms and conditions of use. Making deposits is usually free while making withdrawals could carry a fee depending on the country you are coming from. When using PayPal for transactions, your money will be available instantly into your account.
Why Should You Use PayPal?
PayPal is fast, convenient as well as cheap in terms of fees. As long as it is supported by the online casino you play at, it is a reliable and popular method for deposits and withdrawals. Since you are not required to provide any financial details with your online casino provider, there is minimal threat of identity fraud and breach of security. The only downside to using this payment method is that many online operators still do not accept it as a deposit or withdrawal method.
PayPal at South African Casinos
While gambling itself has always had something of a murky reputation, it has become more acceptable of late thanks to the industry being more regulated than ever before. That said, PayPal’s policy bans all transactions at casinos where online gambling is prohibited. This means that using PayPal at South African casino sites is a bit trickier than a country whose laws are far laxer when it comes to gambling over the internet.
In fact, using PayPal to make online transactions at a South African casino is not often an option. The National Gambling Act of 2004 banned online gambling in South Africa, with updated laws in 2011 clarifying that online gambling is illegal within South Africa’s borders. That said, South Africans can enjoy online casinos in other countries that accept South African players. While PayPal approves online casinos that operate in a legal jurisdiction, it refuses to allow real cash online transactions to countries where online gambling is prohibited. Because of the strict gambling laws in South Africa, online casinos have made sure to offer players a diverse range of alternative methods to fund their accounts.
Alternatives to PayPal
Many South African online casinos offer a variety of fast and reliable payment options, so you can enjoy safe and convenient gaming without worrying that the casino does not support PayPal. At South African casinos:
- PayPal is not an accepted deposit or withdrawal method.
- There are many alternative methods available, including credit or debit cards, ewallets, bank transfers, prepaid vouchers and more.
Some of the best South African gambling operators ensure that players are given a multitude of banking options as an alternative to PayPal. Some of these alternatives are:
- Instant banking
Visa and MasterCard are the most popular and reputable names in debit and credit card, which are also widely accepted at SA casinos. Not only are they quick and easy to use, they are safe & secure, therefore you can easily apply for a card at your nearest bank. Players may be concerned about the protection of their personal information when giving out their account details, although, if you are playing at a secure and reliable site, the SSL encryption technology should keep everything safe and secure at all times. Instant Banking is another fast and efficient option for transferring funds over the internet, while ewallets are probably the most modern option. eWallets accepted at most online casinos include Neteller and Skrill, to name a few. These renowned ewallet facilities promise low fees and fast processing times and are the closest alternative to PayPal.
Play at a Top Online Casino in South Africa
There are many reliable and secure online casinos available to South African players. If you are looking for a South African casino, look for those that offer a variety of banking methods and the latest SSL encryption technology. This guarantees the safety of your personal information at all times. Many of the top online casinos like Springbok Casino, Yebo Casino, Casino Las Vegas, and Slots Magic make use of the latest technology and encryption to provide maximum security for each transaction made. These casinos are also regulated and constantly monitored by third party companies to ensure safety, security, and fairness and prevent the threat of fraudulent activity. The best South African casinos value its customers and go out of their way to provide the best gaming experience, and that includes banking. Check out some of our recommended South African casinos today.