PayPal deposits at live dealer casinos

One of the Internet’s iconic brands

PayPal is to online payment processing what Amazon is to e-tailing, eBay is to the online exchange of goods, and Yahoo is to directories.  It’s a company forged in the heady dotcom hysteria days which had a product of such quality that it managed to survive the bursting bubble,  make its young founders billionaires and go on to become an Internet icon brand with annual turnover in the multi-billions.

PayPay formed in March 2000 with the merger of fledgling dotcoms X.com and Confinity and quickly grew to become the payment method of choice for a growing legion of Internet users.  Fast, easy to use, cheap and secure, it provided purchasers with a way to pay e-tailers without having to disclose to those e-tailers credit card or personal details.  It was just a whole lot better than competing services and by 2002, over 50% of eBay users were using PayPal in preference to eBay’s own payment solution – Billpoint.

eBay’s solution to this problem was to buy PayPal – a deal that made PayPal’s twenty something founders very rich young men indeed.

Around the same time, PayPal was establishing itself as the virtual wallet of choice for online gamblers. Most online gambling operators worth their salt offered PayPal as a deposit option, and many players used it.  But following the eBay acquisition, this all changed and PayPal left the online gambling market completely, creating a void that was filled by dozens of other payment processors.

Back in the Casino Game, slowly and carefully

After a lengthy absence from the online gambling industry, PayPal started to dip their toes back in the water a couple of years ago.  But their re-entry has been slow and deliberate – partnering only with a select few gambling operators that satisfy their exhaustive due-diligence process.  One operator described the PayPal audit as more thorough than what they were subject to by their gambling regulator.

Being seen as a responsible corporate citizen is now clearly a crucial consideration for PayPal.  According to Wikipedia it is a company that processes upwards of $60 billion in transactions annually – representing over 10% of total online transaction volume globally. They employ over 2000 staff in offices and development centers around the globe.

PayPal’s days of dealing with dodgy-brothers-costa-rican-casino.com are well and truly in the past.

Live casinos offering PayPal deposits and withdrawals:

The list of live dealer casinos that allow you to fund your account and withdraw cash using PayPal presently includes:

888.com | bet365 | Paddy Power | BetFred | William Hill Casino

For a lit of other banking options and which casinos use them, visit our casino deposit options page.