The pros of using PayPal include:
- Availability in many countries around the world
- Easy to register and use. The website is great, and the process of processing transactions is very easy.
- Safe and secure transactions. PayPal is always looking out for fraudulent activities. Suspicious accounts are suspended and investigated. Some are closed. Reversals are done if fraud is proven.
- Free transactions when depositing in most online esports betting sites.
- Convenience - it is available throughout the day and can be loaded using different methods. It has been a leader in partnering with local money transfer methods in the countries where it operates.
- Helpful customer service, available on multiple platforms - email, chat, calls, and social media.
- Numerous currencies supported
Difficulty of restoring accounts- Due to its vast number of users, a lot of proof is needed once an account is flagged. From a different angle, however, this is a security measure.
Transfer fees may be high when converting currencies
Rigorous verification process after some duration of use