Despite being a relatively small country in terms of population, PayPal enjoys an excellent level of popularity among Bulgarians, and it’s often used as a quick and safe payment method for online gambling in the country.
Bulgarian residents are drawn to the simplicity that e-wallets and mobile-based transactions provide, particularly for spending and receiving money online. Of the numerous online payment providers available in the European country, PayPal has so far garnered the most success.
This can be credited to numerous features, the security protocols implemented by the company, as well as the industry-leading buyer-protection policy that is offered by the US-based PayPal.
Arguably, one of the aspects of PayPal that makes it so popular in Bulgaria is the tight security that’s in place. Compared to the more traditional payment method of entering your card details onto an online casino’s site, PayPal allows this information to remain hidden from the casino, which provides peace of mind to players.
Despite essentially acting as a middle-man when conducting transactions, PayPal manages to securely speed up the payment process by enabling payments to take place in seconds without any personal bank details needing to be handed to the online casino.
Speed and Reliability
Bulgarians also love PayPal because of the speed it offers for online financial transactions. When using traditional bank transfers for withdrawing and depositing funds with an online casino, customers could typically expect to be waiting a number of days for the transaction to be completed.
These are days wasted, preventing a customer from playing casino games straight away or from enjoying their winnings quickly.
PayPal removes this waiting period, with most transfers being completed within a matter of minutes, allowing players to enjoy games or spend their winnings much more immediately. PayPal is also reliable, with solid customer service that provides reassurance to players that if things go wrong, they’ll be protected.