Summary
- Venmo and PayPal should be added by the second quarter of 2022.
- The new options will eliminate the need to travel for online gaming deposits.
- PayNearMe offers services via major operators like BetMGM and FanDuel.
If you have ever accessed an online casino, poker room, or sports betting site in the United States, within a regulated market, then you are familiar with the payment methods. Most operators offer similar options, making it easy for players to deposit and withdraw funds. One of the most common options is PayNearMe, a service offered via retailers like 7-Eleven and CVS. The option is easy to use but requires players to travel to a location to deposit cash. That will soon change though, as PayNearMe recently announced it will be adding PayPal and Venmo to its options.
Online gaming and sports betting customers will be able to use the online payment methods to add funds to PayNearMe. The same service can be used at the sportsbook or online casino site you frequent, without the need to leave your home to deposit funds.
Secure Payment Options for Online Gamblers
PayNearMe plans to add Venmo and PayPal payments by the second quarter of 2022. It will offer the options for bill pay and MoneyLine products. Consumers will be able to provide payments to providers in a faster and easier way, using well-known options to complete transactions.
Convenience plays a major role in the addition of these two payment options. Both options are secure and well-known within the public as top choices for financial transactions. Connect directly to either payment method from PayNearMe to complete an online gaming deposit, ensuring a secure and quick transaction.
Both options will be integrated directly into PayNearMe. This allows players to use the payment options without the need to setup an account or fill out forms.
How to Utilize The New Payment Options
If you already use PayNearMe for depositing at an online casino site or sportsbook, you can easily use the new options once they go live. After logging in to your player account, click on PayNearMe. From there, you will be able to select PayPal or Venmo for payment.
The service provide then requests the amount you want to add. Authenticate the account by logging in to Venmo or PayPal from PayNearMe. Choose to pay from an existing balance, bank account, card, etc. and then complete the payment. It’s that simple. No need to leave your home to add funds to an mobile gaming account as you would have before.
Players are already using PayNearMe because it is a top option offered by big names in the industry like BetMGM and DraftKings. With the addition of Venmo and PayPal, the payment service is likely to see an increase in activity via US-based players.
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