The Benefits of Using PayPal for Online Gambling

Every day, it seems there is another website that has been hacked and the personal details of many thousands of customers have been compromised. Quite often the customers are the last people to know and it can mean misery and untold hours on the phone, cancelling your cards and resetting your passwords on all the sites you use!

Very often the security breach is caused by companies not having the correct safeguarding processes in place, a disgruntled ex-employee or a spotty teenager who is just seeing what he can get away with. I had been the victim of online fraud, three times in 12 months and it was at that point I thought “enough is enough”.

That is one of the main reasons why I decided to stop giving my credit card numbers to websites and instead chose to use PayPal for all transactions online. Five years later, I still do this and I’ve not had a single issue and in all honesty I don’t see myself ever going back to how I used to do things.

As PayPal is owned by the same company who run Ebay, you can have the upmost confidence that your personal details and the all-important credit card details are securely stored on their servers and these details are never divulged to third parties.

So if you are wondering what to consider when betting with PayPal? I would point out that it works independently from your bank account, this means for online betting that you can have a separate “bankroll” just for the purposes of gambling. I give myself an allowance to play slots each month and it reassures me that I cannot spend money than I budget for.
With the great account protection in place with PayPal it means I am not liable for any unauthorised usage on my account, they also monitor every transaction no matter the time of the day or night to ensure no fraudulent activity takes place.

Another huge factor for me personally was the speed in which I can pay with PayPal. We all know what a pain it is to find your bank card, enter the long number and then the three-digit code on the back of the card! After I used PayPal for the first time, the next visit to the site I use had all my PayPal details prefilled, so was simply a case of entering my PayPal password. This is so much easier!

Finally, another thing I love about PayPal over other e-wallets is that it is accepted virtually everywhere! Some other payment methods are only accepted on certain sites which can be a pain but PayPal is accepted on millions of sites worldwide. It’s not just online gambling use either, it is the most widely accepted e-wallet in the world and you can purchase just about anything you can imagine using one.

If you want total control over your money with the peace of mind that comes with dealing with such a reputable brand, then why not head to www.paypal.co.uk to open an account today?