Bingo Sites Adding PayPal

For online consumers PayPal has been the most popular and used online payment service. No longer do consumers have to write checks or pay high credit card fees thanks to PayPal. Now PayPal has entered the world of online bingo and the move has been well received in Europe and the UK. In the US PayPal cannot and won’t process any gambling related transactions thanks to draconian and ill advised laws against online bingo and gambling in general. Several UK bingo sites now use PayPal including Littlewoods, Chit Chat, Ladbrokes, Tombola and William Hill. Now 888ladies has announced that they will be adding PayPal to their banking options.

Many believe that the acceptance of PayPal could spread to other brands powered by 888/Globalcom/Cassava software. PayPal accounts are easy to set up and provide players with a very convenient way to fund their online bingo accounts. PayPal accounts can be funded with a credit card or a debit card. PayPal charges a small fee for transactions and the service can be used for deposits and withdrawals. PayPal fees depend on the currency used, the country of the sender and recipient and the amount sent and account type.

Unfortunately the PayPal option is not available in the US and there are restrictions in several countries but UK and European users face no restrictions. PayPal offers users an additional security key to prevent fraud and theft. The security key costs US$29.95 and is available in the UK, US, Germany, Australia and Canada. PayPal offers users several security features which can be found on their website. Most bingo sites limit PayPal accounts to one per player and most do not allow third party use of PayPal accounts.

Thanks to PayPal online bingo players now have a convenient, safe way to fund their accounts and withdraw winnings without any hassles. Players can log on to their favorite bingo site, take advantage of all the bingo bonuses available, make a deposit and start playing exciting bingo games. Because of recent government actions taken against online gaming sites American players may have some difficulty finding an online payment processor or ewallet service. Most online gaming experts say that the US will legalize and regulate online gaming sometime this year so PayPal may be available to American players this year.