A popular online payment method is PayPal.
Accounts can be funded by credit or debit card, by linked bank account or even by selling items on eBay. This means you don’t necessarily have to use a credit card to use a PayPal account. But even if you do, the card details aren’t passed to the bingo site. Be aware that the card issuer however will be aware of your transactions, and will raise issue with transactions that they deem potentially suspicious.
Therefore PayPal is a safe and easy way of funding your online bingo games, but keep in mind that you must have a secure password for your account, just as you would with any other financially sensitive information. And it’s a good idea to not use the same password for your PayPal account as you use for any of your bingo site passwords.
Also, PayPal can put a hold or freeze on money in your account if they think there’s unusual activity on your account. If this does occur they usually resolve the matter within a week, but their policy states that they can hold your money for up to 180 days.
Before you decide that PayPal is the right payment method for you, you should find out what will happen when you want to withdraw any funds. The bingo site might pay out straight to your PayPal account, but they might send a cheque. If so, there may be an administration fee. There will also be extra inconvenience involved if you need to go and cash a cheque to finally gain access to your bingo winnings.
Essentially you are using a go-between when spending money on bingo sites with a PayPal account. You never directly enter your card details into a site, so as long as your PayPal account if fully secure, there’s no danger of bingo sites getting access to your financial information. Whilst this is no problem in itself, you may feel more at ease knowing you are keeping your game playing activity and bank details separate.
sites that accept PayPal offer information on using the payment method on their site. Wink Bingo, for example have a nice concise page with a step-by-step guide on how to get started with using PayPal.
Wink Bingo is one of the newest sites to offer PayPal, as is Tasty Bingo . The most established PayPal accepting sites include Tombola Bingo and Ladbrokes Bingo. Other big sites like Mecca Bingo still don’t accept PayPal, but Ukash is the most similar alternative.
PayPal have also stated that they won’t work with online bingo sites that accepts players from countries where gambling online is forbidden. So you have the guarantee that PayPal only does business with safe and ethical operators. This protects you from unregulated sites as much as it protects PayPal.