With all of the usual benefits of Jumpman software, Rainbow Spins adds a bright and colourful lick of paint to an exciting games catalogue. The promotions are exciting too, and are sure to keep players entertained for a long, long time.
Join Now
Win up to 500 Spins on 9 Pots of Gold
New players only, £10 min fund, Free spins won via mega reel, 65x bonus wagering requirements, max bonus conversion to real funds equal to lifetime deposits (up to £250), T&Cs apply
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
| Offer Rating: |
7 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Immortal Wins is dark and decadent with a fantastic look, and it's very easy to use. There are hundreds and hundreds of games, mostly slots, plus lots of promotions and treats for players to enjoy. The site gives a fantastic all-round experience to players of every level.
Join Now
20 Free Spins on Immortal Romance, No Deposit Required. Win up to 500 Spins on 1st Deposit! (£10+ Deposit and Wager required for Port Points)
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, the vibe on Cash Arcade is chilled and stylish, and its fantastic artwork definitely gives the site a modern, polished feel. The range of games, especially slots, is very impressive, and there is sure to be plenty to suit every kind of player here on Cash Arcade.
Join Now
20 Free Spins on Chilli Heat No Deposit Required
New players only, no deposit required, valid debit card verification required, £8 max win per 10 spins, max bonus conversion £50, 65x wagering requirement, full T&Cs apply
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
How Does PayPal Work?
PayPal is the world’s most widely used form of electronic method for making payments online. It is free to open an account and there are not normally any charges for using the service to make a payment. All you need to sign up for the PayPal service is a valid e-mail account, plus details of a bank or credit account which you need to fund your payments. You do not need to “pre-load” your PayPal account in advance. Instead, when you complete a transaction the funds are automatically transferred from your chosen linked bank or credit account.
It really is that simple. The nuts and bolts of the service are that you simply go to the PayPal.com/uk website, fill in a few personal details and register your e-mail address. You will then need to come up with a secure password. Finally, you will need to register your chosen bank account, debit or credit card. You can register more than one linked account if you wish.
To actually make a payment, all you need to do is tap or click on the PayPal button at your chosen online trader or retailer’s checkout page. You will then be re-directed to PayPal’s secure login page. Just add your e-mail address and secure password and your payment will be made.
This service has the great advantage of being very secure. You are never required to disclose your banking or financial details to the retailer or vendor. Instead, PayPal effectively acts as a money transfer service, so the seller never receives your banking details. Neither can your details be intercepted, stolen or hacked, because they are never transmitted in the first place.
Other Services
PayPal has come a long way since its original launch around two decades ago. It is now far more than just a simple way to pay for goods and services online. Now you can also use it as a simple money transfer service, for example to friends or relatives abroad or to make payments between friends instead of cash. Plus of course you can receive payments too. This is where the charges come in though: it is usually free to make a payment, but PayPal make their money by charging a commission fee to the vendor, seller or recipient instead.
The service has become ever more popular across the world, especially with the increasing popularity of smartphones. Mobiles are now by far the most popular devices used to access the online world, and are now responsible for the vast majority of online shopping and trading. PayPal’s easy to use and intuitive app is easy to download and makes payments via your mobile swift, simple and secure.
Finally, there is also now the option of opening a PayPal credit account. This allows you to spread your payments, rather than having to pay instantly via your linked account. Charges for this service are similar to those you would expect from a traditional credit account.
Summary
When it comes to making payments online, PayPal really is the simplest, speediest, most convenient and most popular option around today. It was the first major method to market and it remains the first choice for millions of customers worldwide every day.
Amazon Slots has a fantastic reward scheme designed to treat loyal players for exploring and enjoying the site.
Join Now
Win up to 500 Free Spins on Starburst! (£20+ Deposit and Wager required for Port Points)
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, those who are not fans of classic red and black casino sites may find that Slots Kingdom is more to their taste. The site is light and airy, with a fun theme. The games that are available are plentiful and exciting, matching the high-quality feel of the rest of the site. Most slots players are sure to be happy here.
Join Now
Spin the Mega Reel to win up to 500 Free Spins on Starburst
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
If you’re a fan of all things retro, you’re sure to love Pinball Slots. The theme is great, but it’s the fantastic range of slot games that really makes the site stand out. With over 1000 games to choose from, players can browse at their leisure or search for a game directly. All in all, the site is very enjoyable to use.
Join Now
Spin the Mega Reel to win up to 500 Free Spins on Starburst
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, All Star Games is the perfect site for a colourful, upbeat experience with a huge range of choice. There is so much to enjoy on the site, and best of all, players will be rewarded by the trophy scheme for exploring it and branching out. There are plenty of promotions to add to the fun as well.
Join Now
Spin the Mega Reel to win up to 500 Free Spins on Starburst
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, Crush Wins is packed with ocean fun, delivering another great title from Jumpman. The site does not differ particularly from other Jumpman sites, except for its theme of course, but if you enjoy what Jumpman offers, this will not be a disappointment. After all, Jumpman are known for great-looking sites filled with tonnes of games and exciting promotions.
Join Now
Win up to 500 Free Spins on Release the Kraken
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, the variety of games on Big Thunder Slots is what makes this site really stand out. Slot games in particular are well represented here, with over 900 games available. There are also casino and bingo games for players to enjoy. The site creates a fun atmosphere and support is always available.
Join Now
Win up to 500 Free Spins on Gold Rush
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
4 |
| Member Rating: |
4 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, Loot Casino is sure to please slot and casino players alike. The site treats players to eye-aching amounts of gold coins, banknotes, and other assorted riches on the homepage, as well as a wealth of exciting slot and casino games in the games catalogue. The promotions are fun too, with many long-term offers to reward players for their engagement with the site.
Join Now
Spin the Wheel to win up to £6000 Bonus (£20+ Deposit and Wager required for Port Points)
New Players only. 1st, 2nd and 3rd ever deposit: win a Matchup Bonus up to 10X your deposit amount (£2,000 max bonus), £10 min fund for all 3 offers, max bonus conversion equal to lifetime deposits (up to £250), 65x WAGERING REQUIREMENTS and full T&Cs apply
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, Simba Slots creates a fantastic place for players to chill out and enjoy some great games. Whether you stick to slots or mix things up with bingo or casino, there is plenty of choice. The promotions are exciting, and the trophy scheme gives a new twist to loyalty rewards.
Join Now
Open the Safari Chest to win up to 500 Free Spins on Starburst
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Space Wins makes a great choice for players who love anything interstellar, of course, but it's also a fantastic looking site with a planet-sized games catalogue that is sure to appeal to a much wider audience. The slots are great, the promotions are exciting, and the site is very easy to use.
Join Now
Catch the Lucky Star to win up to 500 Free Spins
No Deposit Offer: New Players Only, No Deposit Required, Valid Debit Card Verification Required, £8 Max Win Per 10 Spins, Max Bonus Conversion £50, 65x Wagering Requirement, Full T&Cs apply
First Deposit: New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Players are in for a sparkling treat at Crystal Slots. If the chock-full games catalogue wasn't enough to impress, then the exciting promotions page is sure to seal the deal. With over 500 slot games and dozens of enticing promotions, Crystal Slots knows how to make its players feel absolutely diamond.
Join Now
100% Matchup Bonus + 50 Free Spins
New players only, £10 min fund, £400 max matchup bonus, free spin wins credited as bonus, 65x wagering requirements, max bonus conversion to real funds equal to lifetime deposits (up to £250), full T&C's apply
Payment Methods Available
Our Ratings
| Overall Rating: |
4 |
| Member Rating: |
4 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, Fever Slots has a bright, exciting colour scheme, and lots of energy about the site. The promotions look fun, especially the trophy scheme, and the selection of games available is certainly impressive. Players who like Jumpman sites, or just slot lovers in general, will enjoy Fever Slots.
Join Now
Spin the Mega Reel to win up to 500 Free Spins on Starburst
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Buffalo Spins is feisty, fiery, and full of fun. The homepage grabs your attention immediately, and the huge slots selection will keep players entertained for a very, very long time. The promotions are exciting, and there are plenty to choose from, ensuring there is something for every kind of player.
Join Now
Get 100% Bonus + 50 Free Spins
New players only, £10 min fund, £200 max matchup bonus, free spin wins credited as bonus, 65x wagering requirements, max bonus conversion to real funds equal to lifetime deposits (up to £250), full T&C's apply
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, Aladdin Slots could be the answer to your slot site wishes. The Arabian Nights style theme is subtle and cool, and the range of games on the site is particularly impressive. With somewhere in the region of 1000 games, no player will run out of titles to explore! On top of that, there are some great promotions too.
Join Now
Rub the Genie Lamp to win up to 500 Free Spins on Starburst
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Casper Games looks great and works perfectly. It has a fun theme and nice artwork, and the selection of games on offer is very impressive. There are so many slot games players will be spoilt for choice, and the addition of bingo and casino as well is nice for variety. The promotions are enticing and will leave players feeling rewarded. The site's look is fantastic, creating a real atmosphere on the homepage.
Join Now
Open the Ghostly Chest to win up to 500 Free Spins on Starburst
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
4 |
| Member Rating: |
1 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Players can expect a wild time on Slots Animal! The site is fun and dynamic, with a bright theme. The games selection is great, with tonnes of choice when it comes to slots, casino, and bingo. There are plenty of promotions too, with daily cashback and trophies standing out particularly.
Join Now
Spin the Mega Reel to win up to 500 Free Spins on Starburst
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
4 |
| Member Rating: |
4 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Eagle Spins gives players a taste of the wild west with its desert theme, as well as plenty of excitement thanks to its huge games catalogue. The promotions are particularly impressive too, with chances to earn and win free spins, prizes, vouchers, cash, and more!
Join Now
Spin the Wheel to win up to 1000% Bonus
New players only, £10 min fund, £1000 max bonus, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Cheeky Casino is a crazy fun site that is sure to delight. It would make the perfect home for slots players, with over 500 games available and plenty of opportunities to bag extra free spins. The site is easy to use, and customer services are standing by to assist if you have any questions whatsoever.
Join Now
Spin the Mega Reel to win up to 500 Free Spins
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
4 |
| Member Rating: |
4 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Aztec Wins looks great, works smoothly, and is crammed full of exciting things to keep players entertained. There are almost 1000 games on offer, so that's incredibly impressive right from the off! On top of this, the promotions page is packed full of offers to reward players as they play.
Join Now
Get a 100% Match Up Bonus
New players only, £10 min fund, £200 max bonus, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, Mr Wolf Slots looks swish, works smoothly, and has plenty of entertainment available. The games catalogue is as huge as you'd expect from a Jumpman site, and new games are added from time to time as they launch. The promotions are excellent, and there are plenty available at all times.
Join Now
Win Up To £6,000 Welcome Bonus! (£10+ Deposit and Wager required for Port Points)
New players only. 1st, 2nd, and 3rd ever deposit, win a Matchup Bonus up to 10x your deposit amount (£2,000 max bonus). £10 min fund for all 3 offers. Max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Lit Wins is here to light up slot play for those who enjoy simple, exciting games and fun promotions. The promotions are generally consistent, so players will not be spammed with a million emails with a new offer every day. There is also helpful customer support on hand to assist.
Join Now
Fire Open the Lit Chest to win up to 500 Free Spins on Starburst
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Fairground Slots is a lovely looking site that steps away from traditional slot site design. It has hundreds of slots, and even bingo and live casino too. Backed up by solid Jumpman software, this sweet site has got the weight to pack a punch.
Join Now
Win a 1000% Match Up Bonus Up To £1000
New Players only, £10 Min Fund, £1000 Max Bonus Conversion Equal To Lifetime Deposits (Up To £250), 65x Wagering Requirements and Full T&Cs Apply Here.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, there is little bad to say about Elf Slots. The games are impressive, both in quality and quantity, though there aren't many bingo rooms (but there is always Elf Bingo for that!). The promotions are fantastic, and there is something for every level of player to take on and enjoy.
Join Now
Spin the Mega Reel to win up to 500 Free Spins on Starburst
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
4 |
| Member Rating: |
4 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, Spy Slots is a cool-looking site with an engaging theme. It adds a spy twist to the classic black and red casino style, and even the welcome offer is branded to the theme. The games catalogue on Spy Slots is enormous, meaning that all kinds of slot and casino players will love what they find.
Join Now
Triple Welcome Package worth up to £6,000
New Players only. 1st, 2nd and 3rd ever deposit: win a Matchup Bonus up to 10X your deposit amount (£2,000 max bonus), £10 min fund for all 3 offers, max bonus conversion equal to lifetime deposits (up to £250), 65x WAGERING REQUIREMENTS and full T&Cs apply
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, Takeaway Slots is not what we expected stylistically (where is the takeaway food?) but it looks fantastic and works a charm. There are tonnes of games on offer, giving players plenty of choice, as well as lots of promotions to explore and enjoy too. A nice site that will suit most slots players.
Join Now
Spin the Wheel to win 1000% Matchup Bonus up to £1,000!
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
For a bright, cheerful holiday feel, Sunny Wins is the perfect slots destination. Enjoy browsing hundreds of games, and see what's hot, which games are new, and more with the catalogue's handy categories. Play your chosen games in a high quality site that work on a variety of devices, and supplement the fun with exciting promotions.
Join Now
Open the Loot Chest to win up to 500 Free Spins on Starburst
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, Pirate Slots is a great site with a colourful and fun theme. It has all the usual benefits of a Jumpman site, including a great welcome offer and tonnes of slots, all of which is presented in a quirky pirate theme. This site is perfect for players who love slots, but don’t take their casinos too seriously.
Join Now
Open the Loot Chest to win up to 500 Free Spins on Starburst
New players only, min deposit £10, £8 max win per 10 spins, max bonus conversion equal to lifetime deposits (up to £250), 65x wagering requirements and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
PayPal The Overview
There are many flexible ways to pay when the time comes to make your deposits on any Jumpman Slots casino. But surely the most convenient and secure option comes from the ultimate in electronic payment methods – PayPal.
When it comes to paying for goods and services online, PayPal was the first widely available financial payment service to break the monopoly of the old traditional banking services. Until the advent of PayPal, the only way to make payments was to use your debit card, or your old school Barclaycard or Access card, if you were lucky enough to be accepted for credit.
Even these were unavailable if you were an ordinary, private trader. Whilst individual consumers could make payments with plastic cards, only established retailers were eligible for merchant accounts. This meant that whilst you and I could pay for goods. We couldn’t receive funds if we were the seller. The set up fees and commission involved also made it impractical to even attempt to persuade the big banks to give you a trading account.
This became a big problem in the early days of the internet, when the world’s first global online market place, eBay, started to take off. The good old paper payment cheque really didn’t do the job. Online trading was supposed to be quick. But waiting for the cheque to arrive in the post; then a further five working days for the funds to clear; then post the purchased item to the buyer, meant that the whole process could take weeks.
Fortunately, a solution was soon to be found…
History of PayPal
PayPal was launched as a fledgling electronic money transfer service in 1999, by a newly formed start-up company called Confinity. This represented a truly rapid development, as Confinity itself had only been incorporated the previous year. The service caught the eye of Elon Musk the serial entrepreneur currently responsible for Space X and Tesla. His company at the time was an online banking services company called X.com, and he snapped up PayPal’s highly promising payment service in March 2000.
The service was a brilliant success, mostly because of its usefulness to customers and traders on the rapidly expanding eBay. In fact, PayPal was so successful that the decision was taken to take the company public barely three years after its launch, in 2002. The company’s shares were valued at $13, raising a total of over $61 million.
But nothing stays the same for long in this business. Barely months after its in initial launch, eBay decided that they liked it so much they bought the company. So it was that in July 2002, PayPal was acquired by eBay for a total of $1.5 billion, valuing each share at $23. This represented an almost doubling in value of the company in the space of just a few months.
But you can see why. At that time, PayPal was accepted as a payment in well over 70% of all eBay auctions, with roughly 25% actually being settled via PayPal.
The service continued in its rapid growth, so that by 2010, PayPal had around 100 million active user accounts in 190 different countries, using something like 25 different currencies.
By the end of 2012, PayPal was responsible for total payments of $145 billion and accounted for around 40% of eBay’s total revenues. But it was also developing its role as a more general online payment method, as other retailers and traders caught on to its practical benefits as an all-round payment solution.
In 2014, the company was so big, it was decided to spin it off from its eBay masters, and in July 2015 it became a New York stock exchange listed company in its own right.
In 2017, the last year for which total revenue figures are available at the time of writing, there were around 20 million account holders in the United Kingdom alone. PayPal has a total of just fewer than 230 million active customer accounts around the world and carried out 7.6 billion unique transactions. It operated in over 200 countries across the globe and traded in 25 different currencies.
But even to this day, the corporate politics continue. In 2018 it was announced that PayPal’s links with its former owner eBay will be loosened still further. From 2020, PayPal will no longer be the preferred payment option on eBay. It will still be accepted on the site, but it will no longer be listed ahead of conventional debit and credit card payments as it had been before.
PayPal remains headquartered in San Jose, California. Its total revenues in the 2017 financial year were over $13 billion, and its shares were valued on the New York NASDAQ stock exchange at around $73 at the time of writing.