Why isn't PayPal a deposit option?

[vapandrei]

Hey,

I'm trying to figure out why no platforms (to my knowledge) allow paypal deposits. I'd be thrilled personally if I could do that.

They can verify that the name matches on the PayPal account.. and even if they couldn't.. they can't verify who bought the PaySafe Card either.. right?

Hmm..

 

[w.cawar]

Hey,

I'm trying to figure out why no platforms (to my knowledge) allow PayPal deposits. I'd be thrilled personally if I could do that.

They can verify that the name matches on the PayPal account.. and even if they couldn't.. they can't verify who bought the PaySafe Card either.. right?

Hmm..

Maybe because PayPal take a cut?

 

[burton_boy]

Global Poker takes PayPal. As far as I know it is PayPal themselves who do not want to be associated with poker sites. It hurt their business before and is still by some accounts a Grey Area in the US. Global poker runs each hand independently and considers them a "Sweepstakes" which may be how they bypass the no Poker Sites rule...

I have not noticed PayPal having any service charges or anything but maybe they charge the site and not the depositor?

 

[vapandrei]

I don't think fees are an issue, since it's a service like any other. I know they have the mass payout fee which is small if poker sites start accepting PayPal withdrawals at least.

The deposit fee could be paid by the depositor, but I don't think that there is one.

@burton_boy Yo might have a point with PayPal not wanting to be associated with poker sites.. but still, who would give up their services for that?

 

[Debi]

Because they don't permit gambling related transactions.

 

[mtl mile end]

PayPal is an American company with strong links to eBay. They probably never had any intention of getting involved with online poker, and since Black Friday, that chance is at zero.

But I do wonder why banks won't get involved when dealing with legal online poker. I have not tried to withdraw money from an online site since before BF. Back then, I could use various credit cards and even bank accounts (I think) in Canada. As I understand it, it will be exponentially more difficult to withdraw the next time I try. I am not looking forward to this


I share your frustration. Electronic payment is the only way to pay for many modern services. This has meant that it has become very easy to pay for almost everything with a touch of the phone in your pocket - everything but poker. This is clearly a "gambling" specific problem. The risks that all customers and businesses are exposed to in e-pay situations are almost identical if paying for an Uber, buying dinner at a restaurant, or depositing to a poker account.

 

[Cooking]

I play on 32red poker and they have paypal as deposit option, but I don't know the list of countries allowed. I know that my country (Brazil) isn't allowed because I tried to deposit thorugh paypal and they refused.

 

[gotace503]

this will actually be the best idea. more money for them. make it easy freandly for all of us.

 

[PHX]

They want to stay out of gambling market. There are very few gambling sites now that use Paypal but I think there are still a couple. There were more places before Black Friday.

Point of note eBay actually owns Paypal they bought them in 2002. Had to google to get date I could remember when. When I googled it I could not believe it has been so long it seemed like just yesterday.

 

[PHX]

Available only in countries licensed for online gambling.


casinos - bgo, casino.com, william hill, royal vegas

Poker Rooms - 888, PartyPoker, WilliamHill, Sky Poker

 

[mtl mile end]

Available only in countries licensed for online gambling.


Casinos - bgo, casino.com, william hill, royal vegas

Poker Rooms - 888, PartyPoker, WilliamHill, Sky Poker

Whaat? I can use PayPal with 888 and Party?

 

[vapandrei]

Available only in countries licensed for online gambling.


Casinos - bgo, casino.com, william hill, royal vegas

Poker Rooms - 888, PartyPoker, WilliamHill, Sky Poker

Well, I guess this info is flawed, considering in Romania all poker sites need to get a license to operate, and PayPal isn't an option. Neither for depositing nor withdrawing.

 

[PHX]

Well, I guess this info is flawed, considering in Romania all poker sites need to get a license to operate, and PayPal isn't an option. Neither for depositing nor withdrawing.

You obivously did not read the first line.

 

[vapandrei]

You obivously did not read the first line.

Read it, but maybe misunderstood it. Thought you said the online gambilng should be licensed by the country's government.

 

[PHX]

List of Countries licensed for online gambling:

Curaçao
Malta
United Kingdom
Gibraltar
Alderney
Isle of Man
Belgium
Denmark
Estonia
Italy
Costa Rica
Kahnawake

Some of these places I never heard of.
So if you are in one of these areas you should be able to use Paypal with the above sites.

 

[Shooter74]

Good question!!! In Brazil would be a good way of deposit and cash out...

 

[vapandrei]

Thanks Joe. I've never heard of some of those either.

Now let me ask this: those countries are licensed for online poker by whom? That was my dilema and that's what caused my confusion.

 

[supernuts25]

PayPal would make it easy, but they are very shady. i use to sell vapes online, through ebay.
Not the juice just the devices this was a year ago. And they froze my money for 6 months and banned me for life.
apparently it's against there policy.
now I get it 1st your going to say hey you broke the rules.
well ebay referred me to paypal so I took there referral as a good option.
Now my problem is there are 100's of people selling vapes and using paypal and even to this day.
so why did they isolate me , target me.
My buisness was just taking off. and by freezing my money they put me out of buisness I couldn't even get a new payment option cause all my funds were locked up. i had a paypal debit card so I just used them as my bank was very nice option.
but left me in a bad spot. there was no reason to lock up all my money they could of kept a small amount to cover any returns and I had small history of any returns.
Anyways for a huge company to not work at all with you and put a small business out of buisness.
pretty messed up. in my opinion.

 

[supernuts25]

PayPal would make it easy, but they are very shady. i use to sell vapes online, through ebay.
Not the juice just the devices this was a year ago. And they froze my money for 6 months and banned me for life.
apparently it's against there policy.
now I get it 1st your going to say hey you broke the rules.
well ebay referred me to paypal so I took there referral as a good option.
Now my problem is there are 100's of people selling vapes and using paypal and even to this day.
so why did they isolate me , target me.
My buisness was just taking off. and by freezing my money they put me out of buisness I couldn't even get a new payment option cause all my funds were locked up. i had a paypal debit card so I just used them as my bank was very nice option.
but left me in a bad spot. there was no reason to lock up all my money they could of kept a small amount to cover any returns and I had small history of any returns.
Anyways for a huge company to not work at all with you and put a small business out of buisness.
pretty messed up. in my opinion.

I guess what I'm tring to say be careful what you use them for , if they have any problem with the money going into your account for any reason they can and will be able to do what ever they want.
And there will be nothing you can do. And all you will get is the same email over and over when u try and call THEY WILL NOT TRANSFER YOU TO THAT DEPARTMENT. they say they have no phones , really .
so anyways just be careful with paypal .
GOOD LUCK FRIENDS

 

[mtl mile end]

List of Countries licensed for online gambling:

Curaçao
Malta
United Kingdom
Gibraltar
Alderney
Isle of Man
Belgium
Denmark
Estonia
Italy
Costa Rica
Kahnawake

Some of these places I never heard of.
So if you are in one of these areas you should be able to use Paypal with the above sites.

Alderney is one of the Channel Islands
Kahnawake is a Native North American Reserve (Mohawk) just South of Montreal, home to Playground Poker


This list should include Canada I think (hope).

 

[8bod8]

party poker accepts paypal, at least when you're from the UK.
But it is country specific.

 

[mtl mile end]

those countries are licensed for online poker by whom?

Themselves. They are "countries".

 

[vapandrei]

Themselves. They are "countries".

Uff, I'm starting to feel stupid. I just don't understand what kind of licensing we're talking about. I really feel like I'm missing something and I'm really feeling stupid. Gonna stop talking about it..

 

[mtl mile end]

Uff, I'm starting to feel stupid. I just don't understand what kind of licensing we're talking about. I really feel like I'm missing something and I'm really feeling stupid. Gonna stop talking about it..

There are no stupid questions. I'm glad you started this thread and that joesi is so well informed.


I don't really know how this all works, but if an area controlled by some entity has the authority (call it Federal authority) to make its own laws, then they can legalize gambling, online or otherwise. So because Kahnawake, which is Mohawk territory within the Province of Quebec and the Country of Canada, has determined that they will legally allow gambling, we have the best cardroom in Canada 13 km from my house. If online poker was illegal in Canada (God forbid) I could still play in Kahnawake, and one could play online poker if one was a citizen (resident) of Kahnawake - residency is reserved for members of the tribe. This is why PokerStars used to have their servers in Kahnawake. Now they are on the Isle of Mann - which is a similar situation - "a self-governing British Crown dependency in the Irish Sea".

Internationally based financial institutions will recognize the Federal authority of these "Countries".

I seem to recall some rich crazy Brit bought an old oil drilling platform in the North Sea and declared it a Sovereign State.

If you are in Pakistan(?), I would expect gambling to be illegal.

 

[vapandrei]

There are no stupid questions. I'm glad you started this thread and that joesi is so well informed.


I don't really know how this all works, but if an area controlled by some entity has the authority (call it Federal authority) to make its own laws, then they can legalize gambling, online or otherwise. So because Kahnawake, which is Mohawk territory within the Province of Quebec and the Country of Canada, has determined that they will legally allow gambling, we have the best cardroom in Canada 13 km from my house. If online poker was illegal in Canada (God forbid) I could still play in Kahnawake, and one could play online poker if one was a citizen (resident) of Kahnawake - residency is reserved for members of the tribe. This is why PokerStars used to have their servers in Kahnawake. Now they are on the Isle of Mann - which is a similar situation - "a self-governing British Crown dependency in the Irish Sea".

Internationally based financial institutions will recognize the Federal authority of these "Countries".

I seem to recall some rich crazy Brit bought an old oil drilling platform in the North Sea and declared it a Sovereign State.

If you are in Pakistan(?), I would expect gambling to be illegal.

Alright, the thing I'm not getting is this. Joesi gave a list with the countries that are licensed for online poker. Logically, someone else licenses you for something. After my follow-up question, I gathered they license themselves. Awkward. I still don't know what that actually means.


Now, Romania passes some laws a few years back that online poker needa to be regulated. After that, poker sites were closed, until they got a -license- so to me, what Joesi said meant Romania too.


Now I find that's not the case and I don't honestly know what type of licensing we'e talking about. I'm thinking y'all understood and I did not, so that's why I feel kinda dumb.