Paypal Poker Sites Are The Safest Deposit Option
Although Paypal is not an accepted deposit method for US poker players, playing poker at poker sites that accept Paypal is the safest deposit and cashout method for poker players for several reasons. Paypal became immensely popular for users of the Ebay auction site and online shopping sites as it afforded members a safe and effective way of buying and selling items online, while at the same time giving business owners a way to sell their products globally in a manner both user friendly for the consumer, and cost effective for the business owner.
Here is a couple key reasons why Paypal poker sites are the safest poker sites to play at, along with a few of our recommended poker rooms to play at.
1. Privacy
Paypal is powered by data encryption at the highest level, allowing players to fund your poker accounts with Paypal anonymously – your personal data and your credit card number are never shared with the poker site.
This protects you from identity theft and Paypal guarantees all transactions 100% and will even reverse a fraudulent transaction. Paypal is a company that is pro consumer, and yet convenient and widely supported for businesses as a “universal” payment method.
2. Security
Paypal offers poker sites and players alike a 24/7 security and transaction monitoring team of over 2,000 former law enforcement members who work day and night to flag suspicious transactions, the Paypal security team will contact you immediatly if there is any suspecte fraud on your account.
3. Fraud Prevention
As if you needed further reinforcement that poker sites taking Paypal as a funding source were safe to play – Paypal will actively work with authorities to s hut down fraudalent and unreliable websites. This feature that was started as a safety measure for shopping sites has turned into a real asset in todays poker climate.
There is good reason Paypal is only accepted at a few poker sites – Paypal does business in an extremely selective manner and at this time only allows funding to poker sites licensed and regulated in the European Union and the UK.
Our favorite Paypal poker site is Betfair due to the HUGE deposit bonus of $1,500 that comes along with it. The newest poker site to accept Paypal is LuckyAce a new site on the Pacific Poker / 888 Network. William Hill also accepts paypal and is on the Ipoker network along with VC Poker.