As with all payment methods, I cannot fully guarantee that PayPal is safe. This is not because of the method itself but rather the casino. If you want some certainty, stick to our recommended PayPal casinos. We have reviewed these casinos and know PayPal is safe to use with them.
When it comes to the eWallet itself, I really like to use PayPal because of the buyer protection service they have in place. It means that if, for some reason, the money doesn’t arrive or the casino is dodgy and fails to match its description, PayPal may be able to reimburse your funds.
More than that, all transactions are watched 24/7 to prevent fraud and identity theft. It's all protected with fancy encryption, and if anything seems fishy, the PayPal security team will be on it in no time. Plus, when you pay with PayPal, the casino doesn't get your financial info, just your email and password, which is ideal when playing online.
Finally, it's good to know that PayPal is licensed by the Monetary Authority of Singapore as a Major Payment Institution. It's important to stick with licensed providers when you're handling cash.