The name of the company PayPal literally translates as “A buddy who helps pay.” Such an informal name is justified, because PayPal is one of the easiest ways to make payments. In addition to ease of use, this payment method also boasts a huge number of supported gambling houses in New Zealand. There are quite a few NZ online casinos with PayPal, but how to choose the best? Our review of PayPal accepted casinos for New Zealanders will help you with this.
PayPal owes its popularity to the creative idea of sending money by e-mail, but today the online payment system offers much more opportunities for receiving and sending money around the world. PayPal operates in 202 markets and has 192 million active registered accounts. In addition, the system allows customers to send, receive and store funds in 25 world currencies.
Advantages and Disadvantages of PayPal Casinos for New Zealanders
There are several advantages to using PayPal at NZ online casino. PayPal is one of the safest ways of online banking, as a European banking license implies the highest level of security. Payments are credited to the beneficiary’s account almost instantly and free of charge.
On the other hand, there are some disadvantages, such as the need to register an account, which takes a lot of time. Therefore, PayPal is not the most popular online casino payment service in New Zealand.
PayPal transfers are credited to the casino account almost instantly, while withdrawals usually take from 1 to 2 days. Thus, PayPal is well-suited for depositing funds, but is not the best option for withdrawing them. In some casinos for Kiwis, withdrawals to e-wallets, such as Neteller or Skrill, are instantaneous, therefore PayPal is significantly inferior in this regard.
When depositing funds to your account in NZ online casino, as well as when withdrawing funds from your account through PayPal, commissions are not charged. In this regard, PayPal is superior to other e-wallets that work faster, but withhold withdrawal / deposit fees.
Online Casinos Using PayPal
PayPal is accepted to replenish a game account in New Zealand, UK, Sweden, Portugal, Ireland, Greece, Portugal, Finland, Germany, Denmark, Belgium and Austria. Some of these countries even offer to withdraw funds using PayPal. Australian casinos DO NOT accept PayPal, and most importantly, despite the recently passed bill to legalize online gambling, some states in the USA are also not allowed to make transactions using PayPal. Check the list of casinos that accept PayPal as a payment method, which will help you choose the most suitable institution for yourself.
Read this next: