Paypal is one of the most famous online shopping services today. Originally, it was developed as a platform for online auctions. The company was opened in 1998 and was created by several students.
Paypal is quite popular among online casino players. Online casinos provide the opportunity to fund your account through PayPal, as well as make a withdrawal of winnings.
To make it easier for readers to find an online casino with PayPal, we have prepared a list of institutions for New Zealand players accepting this payment method. In each of them, you can replenish the game account, as well as put the winnings on the withdrawal.
NZ Paypal gambling sites
|1||100% up to NZ$140T & C Apply||Visit Review|
|2||100% up to $400 + 200 FST & C Apply||Visit Review|
|3||$ 1000T & C Apply||Visit Review|
|4||100% up to $500T & C Apply||Visit Review|
|5||NZ$ 1000 + 100FST & C Apply||Visit Review|
|6||NZ$ 800 + 100 FST & C Apply||Visit Review|
|7||EUR 2400T & C Apply||Visit Review|
The modern world offers everyone a wide range of interesting opportunities, attractive prospects and wide horizons. In order to have time to take advantage of interesting opportunities, you need to plan your time with all care and not waste it on something that turns out to be unnecessarily complicated.
However, difficulties are hard to avoid when it comes to finance. Because money requires certain procedures, and organizational issues, no matter how problematic they may seem, are a necessity. It is necessary to take into account the schedule and schemes of work of banking structures, spend time and attention on the competent filling of payment papers, get information and signatures – even a simple listing of everything you need takes too much time.
Therefore, every time a need arises for solving an important financial issue and contacting banking organizations, a person regrets that he will have to spend a lot of time and effort instead of an interesting pastime on longing and formalities.
But you can completely freely forget about dull formalities, if you take advantage of the capabilities of modern electronic payment systems. And to solve all issues with unattainable until recently ease, functionality and efficiency. Due to these differences from traditional banking organizations, a huge number of people prefer to use the services of the PayPal payment system.
For a financial organization, the system is young enough – it was launched in 1998 in the United States. However, the advantages of PayPal quickly gained her popularity, and today more than 200 million people from 190 countries of the world have entrusted her with their funds. And in 2007 the whole range of attractive opportunities became available to natives of the CIS countries.
The name will say it all
In the PayPal payment aggregator, everything is thought out to the smallest detail. And so thoughtfulness begins with the brand, which translates as “pay a friend.” An unusual name choice for a solid financial structure working with the national currencies of 24 countries. But it seems only at first glance. After all, there is nothing easier, faster, more convenient and more reliable than paying with a well-known person. And these principles have become the basis of the payment system.
The system is focused on the maximum convenience for its user. No bureaucracy, no excessive formalism and procrastination – everything is done for the user and is aimed at his comfort. Registration does not require costs and is extremely fast, protracted procedures are excluded, and the work schedule has no restrictions – and everything is available at any time 24/7.
The PayPal structure is global, and you can devote as much time as you like to shopping in the virtual space of China, Europe or in online casinos, even if the user himself is in the center of Siberia – purchases are made in a split second. To make a transfer, you only need to know the recipient identifier – and nothing more. You can just as easily attach your bank account or card to your own account, replenish it whenever you want, exchange currencies and make transfers to other accounts. It doesn’t matter that the recipient’s account is opened in a different currency – the system does the conversion itself. With the same ease, PayPal turns into a mobile terminal and a mobile phone.
Extreme reliability and maximum safety
The algorithms of the functioning of the PayPal payment system are worked out with all possible care and are constantly being improved. Thanks to this approach, the system is distinguished by a very high level of reliability, and its users are guaranteed reasonable security. Not surprisingly, users’ trust in the system and their confidence in the safety of their own funds are unshakable.
For example, PayPal is very careful about the details of client payment cards and does not leave them at the places of purchase. This principle of operation proved to be quite obvious, because the level of fraudulent transactions in this EPS is much lower than in transactions carried out by credit cards.
Another advantage of PayPal is the ability to stop yourself from unjustified expenses associated with receiving defective goods. Disputes regarding the seller’s failure to fulfill obligations and the incorrect crediting of money are resolved through “disputes”, and the amount spent on goods not delivered or inappropriate to the description is compensated to the buyer after his justified claim.
Such thorough elaboration, safety, reliability and quality attract a huge flow of users in PayPal. And it is not surprising that this particular payment method was awarded more than two dozen awards, among which – for achievements in business cooperation and technical excellence.
Gambling sites with PayPal
PayPal payments are available at many online casinos. The presence of this system in the list of payment methods guarantees a license for the activities of a gambling establishment.
To make a deposit in Paypal online casino, go to Banking section on the casino site, choose Paypal as a payment method, enter the required deposit amount and click “Pay.” Next, you will need to enter the password from the system. The size of the commission will vary from the chosen online institution, but on average it ranges from 3 to 4%.
If the casino works with several types of currencies, then you need to choose the one in which you are going to play, for example, New Zealand Dollar. Conversion takes place at an internal rate. The total payment amount in NZD (if the transfer is from NZ$ to foreign currency account) is displayed in the information window.
In addition to the internal rate, you can convert funds at the rate of a banking organization, if payment is made with a card linked to an account.
Advantages and disadvantages of using PayPal for deposits and withdrawals in online casinos
PayPal is a modern and reliable system for transferring funds worldwide. With regard to payments via Paypal in gambling sites NZ, it has many advantages and few disadvantages. Let’s start with the benefits.
Advantages of using Paypal in gambling sites
- Ease of payment
Personal data must be specified only once during registration, no further action is required. You do not even need to enter additional passwords to make a payment.
Paypal guarantees the safety of funds in the customer account and is responsible for transfers within the system. If a payment failure occurs, the company will immediately return the missing funds. But, as practice shows, such failures are not observed.
- Instant funds transfer
When paying by this method, money is credited to the account at the gambling establishment instantly. Online casino Paypal deposits and withdrawals are available 24 hours a day 365 days a year.
- Profitable conversion
Regardless of the currency in which your account is opened in the system, you can transfer funds exactly to the type of money that is needed in a online casino. At the same time, an internal conversion rate that supports more than 30 currencies is more profitable than that of banking organizations.
- Different ways to withdraw funds in Paypal online casinos
Money from the casino is credited to the account as soon as possible. They can be used in many ways such as making purchases with a PayPal account, withdrawing to any bank credit card, conclusion on electronic wallets, transfer funds to other users of the system.
- No account lock
This information will be important for those who, for whatever reason, cannot use bank cards and accounts due to blocking funds by the judicial services. PayPal can block your account only in case of violation of the conditions for its use (providing false information, financing of terrorist activities).
Disadvantages of PayPal
It is difficult to call these disadvantages disadvantages; rather, these are system features that you should know about in advance.
- Availability of transfer commission
The commission fee does not exceed 4%, which is much more profitable than other payment methods, but still worse than paying a deposit without any commission.
- Long withdrawal of funds to bank cards
Inside the system, money is debited and credited instantly, however, the withdrawal of funds to the card occurs only on weekdays and can take up to 5 days (according to official data). In fact, the speed of funds transfer is from 6 to 48 hours.
By using PayPal in online casino to deposit and withdraw funds, you will win twice: protect yourself from cheating the casino with the withdrawal of winnings and do not lose time by instantly replenishing the deposit.