PayPal Holdings Inc. is a worldwide online payments system that originated in America back in 1998. The company started out as part of a software company in Silicone Valley, and with the move over to eBay in 2002, PayPal has since grown to become one of the world’s largest internet payment companies to date.
PayPal allows any business or individual with an email address to securely, conveniently and cost-effectively send and receive payments online. The system offers a fast and simple electronic alternative to traditional paper methods such as cheques and money orders, and it can be used across all devices including laptops, tablets and mobile phones. They are currently one of the market leaders in this field, and the company is growing and expanding it’s products and services by the day.
PayPal is a hugely popular payment choice when it comes to playing online bingo, since by using it players will never have to send any personal details to the online bingo site itself. Provided that the PayPal account is linked with a funded debit card/bank transfer etc, then players simply choose PayPal as the payment option and then start playing straight away. In this way, Paypal is the only company that has access to your details, rather than every company you shop with having them individually.
Paypal transactions are totally fuss free, and you can usually withdraw winnings via PayPal on most online bingo sites too.
PayPal is an extremely popular way to purchase goods all over the world today, and is without a doubt one of the primary alternatives to making debit card payments online. There aren’t any details to be encrypted and sent through to the merchant each time you make a transaction, and you can keep track of payments really easy all through your personal PayPal account.
Bingo Sites That Accept PayPal
Bingo Site | Min Deposit | PayPal Quick Reg | Visit | |
---|---|---|---|---|
Mecca Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
MrQ | £10 | No |
T&Cs apply, 18+ #ad
|
|
Betfred Bingo | £5 | No |
T&Cs apply, 18+ #ad
|
|
PlayOJO Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Heart Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Two Fat Ladies | £10 | No |
T&Cs apply, 18+ #ad
|
|
Gala Bingo | £10 | Yes |
T&Cs apply, 18+ #ad
|
|
Moon Bingo | £5 | No |
T&Cs apply, 18+ #ad
|
|
Dream Bingo | £10 | Yes |
T&Cs apply, 18+ #ad
|
|
Robin Hood Bingo | £5 | No |
T&Cs apply, 18+ #ad
|
|
Swanky Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Mirror Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Rocket Bingo | £10 | Yes |
T&Cs apply, 18+ #ad
|
|
Barbados Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Dove Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Lucky Pence | £10 | No |
T&Cs apply, 18+ #ad
|
|
OK Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Bingo.com | £10 | No |
T&Cs apply, 18+ #ad
|
|
Glorious Bingo | £10 | Yes |
T&Cs apply, 18+ #ad
|
|
ExpressWins | £10 | No |
T&Cs apply, 18+ #ad
|
|
Glitter Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Free Spirit Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Foxy Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Ted Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Gossip Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Fever Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Bingo Fling | £10 | Yes |
T&Cs apply, 18+ #ad
|
|
Volcano Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Umbingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Tip Top Bingo | £10 | No |
T&Cs apply, 18+ #ad
|
|
Loony Bingo | £5 | No |
T&Cs apply, 18+ #ad
|
|
Boyle Bingo | £5 | No |
T&Cs apply, 18+ #ad
|
PayPal Quick Reg – Most of the sites in the table are marked as having PayPal Quick Reg. This is where you can register for the bingo site simply by signing into your personal PayPal account. You will just need to authorise the transfer of information, meaning you won’t have to fill in any additional payment forms.
The History Of PayPal
As mentioned before, PayPal is one of the world’s largest internet payment companies. This is largely thanks in its former ties with online marketplace eBay, but more on that shortly.
The company was established back in 1998, and was originally part of the American Software company, Confinity. This company developed security software for handheld devices, and PayPal was launched as a money transfer service at Confinity in 1999.
In March 2000 Confinity merged with the online banking company X.com, and after just a year of operation the company decided to primarily focus solely on PayPal. In 2002 PayPal went public and ended up generating over $61 million, then the company was acquired by eBay later that year for $1.5 billion.
Between 2002 and 2014, PayPal grew massively throughout the world as part of eBay. It became the primary use of payment to nearly all eBay users over time, and additional features and services were developed including Verisign and other security upgrades throughout the years.
In 2014 though, PayPal became a company of its own, and can now be used as a fast and simple payment method across millions of sites all over the world.
The company is currently headquartered in San Jose, California, and is now offered up in 200+ markets and regions supporting 25 different currencies. So basically, it’s available everywhere.
They also hold operation centres in Omaha, Nebraska, Luxembourg, and Singapore, and a technology centre was opened in Scottsdale, Arizona in 2006. 2007 saw a software development centre opened in Chennai, India, then a data service office opened the same year in La Vista, Nebraska.
They became the first foreign foreign payment platform to be approved for use in China in 2019, and the 2020 pandemic saw a boom in revenue thanks to the amount of online shopping being done – they reported a shade under 21.5 billion in revenue that year, and their net income doubled.
By the end of 2022 they had over 435 million active user accounts, and almost 30,000 employees.
Here are the main milestones of PayPal to date:
- 1998 – The company was established as Confinity.
- 1999 – PayPal was first launched as a money transfer company at Confinity.
- 2000 – Confinity Merges with X.com.
- 2001 – The company decided to focus solely on PayPal.
- 2002 – PayPal was officially launched publicly and was acquired by eBay for $1.5 billion.
- 2002-2014 – PayPal grew hugely and developed even more products and services throughout their time working with eBay.
- 2014 – PayPal became it’s own independent traded company.
- 2018 – Several key acquisitions; Zettle, Hyperwallet, and Simility.
- 2020 – Paypal acquire Honey, the voucher code search software, to give their customers the best chance of finding the cheapest prices for the products they are buying.
- 2021 – Paying via Crypto Currencies becomes an option.
The PayPal company continues to grow and flourish, and the company are now offering even more features as the product expands.
There are currently over 35 million online businesses using PayPal with merchant accounts, which explains the 22.3 billion transactions the service has facilitated, and the $1.36 trillion that has flowed through its system.
The Benefits Of Having A PayPal Account
PayPal is currently one of the leading competitors in the electronic payments industry. Since establishing the company nearly 20 years ago, the size of the network has increased and widened globally and PayPal are introducing new products and services all the time.
Here are the some of the main benefits of opening a PayPal account:
Personal PayPal Account | Business PayPal Account |
---|---|
Spend, send and manage your money with just one account. | PayPal offers businesses a complete payments solution, or just an extra payment method to an existing website. |
Shop all over the world across millions of sites. | Accept PayPal via specialist buttons at the checkout. |
All you need is an email address and a password to register. | Accept Chip and PIN and contactless payments almost anywhere in the UK with the PayPal Here card reader and app. |
Credit your account easily via your bank account or debit card. | Create and send customised invoices using free PayPal templates. |
Skip entering any payment details by choosing your PayPal account at the checkout. | PayPal Working Capital offers small business funding solutions. |
A safer way to purchase goods online with guaranteed buyer protection. | Seller protection and fraud screening. |
The PayPal mobile app enables fast, one touch payments. | Works with all major shopping carts and ecommerce platforms. |
It’s free to open a PayPal account and free to buy things unless there is currency conversion. | 24/7 customer support. |
PayPal also now offer PayPal credit so you can spread the cost of larger online purchases. | PayPal charge fixed rates based on how much you sell. |
Transfer money to friends and family. | Integrate PayPal via a partner, developer or by yourself. |
How to Use PayPal To Play Online Bingo
Depositing money at an online bingo site with PayPal is so simple. Provided that your linked bank account is funded or that you have money in your Paypal account, then you can start playing bingo games straight away.
Here are the main steps that you will need to follow when using PayPal:
- Select the PayPal option from the payment method menu. This can be found in the banking section of your online bingo account.
- Enter the amount you wish to deposit. Most bingo sites start between £5 and £10 minimum deposit for PayPal.
- You will then most likely be redirected to a PayPal confirmation page.
- Simply enter your PayPal username and password details, select whether to take the money from your Paypal account or your linked bank account, then you can start playing bingo and casino games straight away.
Withdrawals will follow pretty much the same steps.
Simply input the amount you wish to withdraw via the bingo banking section of the bingo platform, then select PayPal as your preferred withdrawal method. If you’re not already logged into your PayPal account then you will need to sign in quickly just the same way as if you were depositing, but you will be automatically redirected to do this.
PayPal Fees, Charges And Time Frames
Making deposits and withdrawals via PayPal is super simple, and there will very rarely be any fees involved. As long as your PayPal account is fully funded then you shouldn’t incur any charges when using it to play online bingo. The only reason that a charge may occur is if you are making transactions in a different currency, or if the method used to fund your PayPal account doesn’t have sufficient funds.
Generally the time frames for PayPal are pretty similar across most online bingo sites these days, however they can sometimes vary depending on the type of card attached to your PayPal account.
Here are the suggested PayPal processing time guidelines:
PayPal Deposit | PayPal Withdrawal |
---|---|
Generally speaking nearly all PayPal payments are instant. | Withdrawal processing times can vary. Payments can take between 1-5 working days to reach your account, but are usually within 24 hours. |
Occasionally some online bingo sites may not allow you to withdraw using a PayPal account.
If this is the case then you will be able to withdraw by another means such as via a debit card or a bank transfer, although this tends to only happen with the much smaller sites.
PayPal Restrictions
There are very few restrictions when using PayPal on an online bingo site. So long as the account is credited with sufficient funds via a debit card or another means of payment such as a voucher or bank transfer, then you shouldn’t come across any issues when depositing or withdrawing using PayPal.
The only time you may face an issue is if you are trying to use PayPal in a different country with currency conversion. You should still be able to use your PayPal account at these times, however certain charges may occur. It’s always best to check with your banking provider or the PayPal team to see if there are any restrictions on your own personal PayPal account.
Occasionally promotions will state that Paypal deposits do not qualify, so look out for that, but it’s rare.
PayPal Safety Online
The PayPal company boasts to be one of the safest ways to make transactions online. They have been well established for decades now, and the PayPal logo is recognised throughout the world.
There are millions of people using PayPal, and with the continual growth of the company there’s no doubt that the number will keep on rising.
Some key benefits that will come with a PayPal account are:
- Complete PayPal buyer and seller protection agreement.
- You will never have to enter any card details on sites when using PayPal as a payment method.
- 24/7 help with fraud prevention, email phishing and identity theft.
- Every transaction is encrypted using state of the art technology.
- World class security across 200+ markets.
Unfortunately, due to its’ success Paypal is a regular target for scammers who send emails pretending to be from the company, so it is always best to be on your guard when making any purchases online.
It’s best to stay informed and remain vigilant even when using industry leading services like Paypal, and if you do get contacted by someone claiming to be them and they ask for personal details, don’t fall for it.
Contact
If you should ever require any help or assistance whilst using your PayPal account, you will find an extensive FAQ section on the PayPal website. The personal and business message centre is also open 24/7, so you can easily contact the PayPal team at any time of the day should a problem arise via the following options:
- Live Chat – Available on the website 24/7
- Email – Via your PayPal account
- Telephone (UK) – 0203 901 7000 (you might need a code from the website too)
- Telephone (International) – 00353 1 436 9004
The website also has a large community forum available to all account holders as well, so you can use that to find out any additional PayPal information.
Conclusion
It’s very easy to see why PayPal is such a popular payment method with online bingo players.
Here are the main reasons why people find PayPal so handy when gaming online:
- PayPal has been established for decades now and the company is highly regarded all over the world.
- The PayPal logo assures world class safety and security to the highest standard.
- You will never have to input any extra payment details when using a PayPal account.
- It’s really easy to set up PayPal and all you will need is an email and a password.
- You can fund your PayPal account easily by using debit cards or gift vouchers/ bank transfers etc.
- You will be able to use your PayPal account to pay for a lot of things online not just online bingo, and all of the payments will come from just one account.
- You can use PayPal in 200+ countries and regions using 25 different currencies.
- PayPal is free to use for buyers unless currency conversion is involved.
- Time frames are usually very good with PayPal, deposits being instant and withdrawals ranging between 1 and 5 working days.
- 24/7 customer service available should any problems arise.
- Nearly all online bingo sites theses days will have PayPal as a payment option.
- The PayPal mobile app allows you to make payments to friends and family, and also keep track of any payments going in or out of the account at all times.
PayPal is a great option when it comes to depositing and withdrawing at an online bingo site.
It’s extremely fast, secure and easy to keep track of payments, plus it’s a great way to purchase pretty much anything online nowadays.