The main perks of using PayPal for online casino payments are: There are also plenty of US-friendly PayPal casinos that offer its users to deposit and withdraw money through this payment service. PayPal is widely popular among European casino players due to the provider’s reliability, quickness and easy-to-use features. It can store funds, transfer them quickly, safely and anonymously and, as such, it is highly praised among the gambling community. With the acquisition, PayPal became the perfect tool not only for online purchases on eBay and other retailers but also for casino transactions. In 2002, it was acquired by eBay, and it has since focused on providing users with fast and safe money transaction options. PayPal was one of the first payment methods to facilitate online payments, having been founded in 1998.