PayPal is a leading global financial technology firm that offers an extensive online payments system. Established in 1998 as Confinity, PayPal quickly evolved into a major player in the digital payment space. It was renamed PayPal in 2001 and went public in 2002. After being acquired by eBay later that year, PayPal eventually spun off into an independent company in 2015​​.

PayPal facilitates secure online money transfers and serves as a digital alternative to traditional methods like checks and money orders. It allows users to send and receive funds, make online purchases, and manage transactions without sharing personal financial information with merchants. PayPal is known for its user-friendly digital wallet, PayPal Credit service, and tailored business solutions​​​​

PayPal is a popular payment method for online poker and gambling due to its security, speed, and convenience. It is accepted by many gambling sites, allowing players to easily deposit and withdraw funds. PayPal's ability to handle multiple currencies and its widespread acceptance make it a preferred choice for international players​​.

PayPal is still used as a payment method at many online poker sites, including:

While PayPal operates in many countries, there are restrictions where its service is either limited or prohibited, often aligning with local gambling laws. In jurisdictions where online gambling is restricted or illegal, PayPal generally does not offer services related to gambling transactions. This ensures compliance with local regulations and international anti-money laundering standards​​​​.