Online payment software giant pay pal has announced its plans to double their amount of employees working in Austin. The pay pal company plan to employ staff to help design and maintain the software.

The rapid growth of the company has created the need for more staff as chief executive Scott Thompson explains, “PayPal is a technology and risk-management company more than anything else,” Thompson said. “Our product development is done by engineers. They are all technology people who have a lot of talent, skills and capabilities in doing things with software.”

Products are being designed including new payment and anti fraud systems to improve the pay pal service. “It was a big decision, but we are extremely happy with what the result has been in a very short period of time,” Thompson said. “We have been able to get tremendous quality and many more people than we thought. When we tell people we have openings and we are PayPal, lots and lots of people turn up. We get to pick from the best of the best because our brand in this market has a lot to it.”

Pay Pal is owned by online auction giant Ebay, however have recently expanded to serve other online industries including the casino sector. With over 60 million active accounts pay pal is easily the biggest online payment software provider. They have built a trusting relationship with customers and look to improve their service by offering new and improved products for users. Pay Pal will continue to grow as more and more businesses look to offer online payment options.

After originally depending on online auction site eBay for any form of income, the online transaction company PayPal has shown that it will no longer depend heavily on the auction site. With alternative revenue streams like letting people fund their uk online casinos and mobile businesses, the company continues to impress outside of its original setup.

Earlier this week, President of PayPal, Scott Thompson, announced that by the end of 2008, the group would get most of their payment volumes from their Merchant Services rather than eBay transactions. Their Merchant Services include the software that PayPal provides to a number of big chains and brands, and this group may 49% of the previous years’ payment volumes.

It was only six years aog that eBay bought the PayPal company, but the company is well aware of its need to not depend heavily on a third-party site. “We’ve had organic growth with eBay, but as merchants migrated off the eBay platform (by building their own sites), they’ve brought us with them”, Thompson commented.

Despite increased competition from new organisations entering the market, like Google Checkout and Checkout by Amazon, PayPal posted a 33% rise in net revenue over the second quarter of last year, reaching $602 million.

PayPal expects international business to exceed that of its North American business by the second half of 2009, with PayPal mobile and ventures in China or Russia, along with online gambling casinos partnerships, set to continue the company’s impressive growth.

Cryptologic has integrated its casino and poker software with Betsafe’s ewallet payment system. The recent move will help Betsafe poker and casino players when making payments online. Cryptologic provide high quality online gambling software for clients such as Betsafe. The announcement will allow users to open one account for numerous different poker games on the same network. Before players would have to open seperate accounts for sports betting and poker but players can now use one for all online bets.

Brian Hadfield, CryptoLogic’s President and CEO said, “Today’s announcement demonstrates CryptoLogic’s commitment to enhancing the player experience with flexible, customer and player-centric solutions,”  “Our focus is to strengthen relationships by working closely with our licensees to find out what their players want – and then delivering superior products that meet their unique needs.”

“The launch of our single wallet is much awaited and we believe that this integration will have a strong positive effect on all our products, said Henrik Persson, Betsafe’s CEO. Players can now play in various countries, markets and different stake games. As online gaming grows, moves such as this, will help strengthen and unite the industry by making registration, depositing and withdrawing easier for players.

Check back soon for more information on Paypal Casino!

Ladbrokes casino is one of the few online casinos offering player’s pay pal methods of payment. For those who haven’t tried Ladbrokes casino its worth checking out. Not only does it offer the secure and trusted pay pal service, they have some fantastic promotions and games.

Ladbrokes is best known for its outstanding bookie service, but in recent years has expanded into the online casino industry. The site is very easy to use and I would recommend it to any level casino player. The range of games and jackpots are very good with players opting to download the full casino or play the instant games on offer. The download was quick and is simple to follow.

Promotions wise they have plenty on offer. The welcome bonus allows players to claim an 100% match up on their first deposit. This fantastic deal means that if you sign up deposit £100 you will receive another £100!This is an easy way of winning back the chips you have lost.

They also offer several scratch card promotions with chances of winning big money so give them a go! Ladbrokes casino offers the same reliable and trustworthy service their bookie service does and I would recommend them to any online gaming fan!Let us know what you think of Ladbrokes casino by leaving a comment below!

Payment methods should be an important factor to consider when selecting an online casino to play with. As said in previous posts, I recommend using Pay Pal at every opportunity. Pay pal has 153 million users worldwide, which demonstrates how trusted the website and system are. Using a credit or debit card isn’t unsafe but I personally prefer not giving my account details to online casinos or any other internet website.

Not all websites use pay pal so here is a brief overview of those which don’t, and the secure payment services which they offer instead.

Gala Bingo

Gala Bingo does not offer a pay pal service however they do offer secure Visa, Credit and Debit card payment and withdrawal methods. Gala also accept Visa, Delta, Switch, Solo and Electron therefore the user has several payment options.

32 Red Casino

32 Red use similar system to Pay Pal called “Pay Trust” This works in similar way to pay pal as it doesn’t hand your bank account information directly to 32 red. 32 red also offer the standard debit and credit card payment methods which should provide a secure service.

Intercasino

Intercasino use a secure system called E Cash. This system again is based on the Pay Pal structure and can be used by players with confidence. Intercasino also use a system called “Play Safe”. This system allows players to purchase play safe cards to spend online. The play safe cards can be brought from over 18,000 UK outlets in different amounts ranging from £10 to £75. The cards have a pin code which is entered online and the amount is deposited to the players online account.

This is a great way of depositing money online and I would strongly recommended it for those who are not confident about entering their card details online.

I hope this brief payment method guide has helped, let me know what method you use by leaving a comment below and thanks for reading!

The following are just some of the online casino sites that take PayPal:

Betfair – Betfair lets members open a single online account to use in their various gambling and betting activities such as playing in the casino, poker and other games as well as placing sports bets. Betfair accepts UK players’ PayPal deposits and lets UK players use PayPal for withdrawals. PayPal payments need to be at least £5 and PayPal withdrawals should be at least £1 to be processed. PayPal deposits are instant and have a 1.5% fee, while PayPal withdrawals will take a maximum of 24 hours and are free.

Bwin – This is another large betting and gambling site and offers poker, casino, sports betting, and other online games to their members. Players in the UK can use PayPal for depositing and withdrawing money to and from their Bwin online account. PayPal Deposits cost nothing but they need to be at least £7 and at most £300. PayPal withdrawals are also free; the minimum required withdrawal is £20, but there’s no maximum withdrawal amount.

Ladbrokes – At Ladbrokes, you can play poker, casino games and bet on sports and other noteworthy events. UK players can make PayPal deposits to their Ladbrokes account as well as withdraw their winnings to their PayPal account. PayPal deposits and withdrawals are both free and have a minimum amount requirement of £10. PayPal deposits are instant while PayPal withdrawals will be reflected into your PayPal account within 6 hours.

William Hill – This site offers casino, poker, bingo, and other games online. Players in the UK are allowed to make deposits and withdraw their payouts through PayPal. William Hill charges nothing for PayPal deposits and withdrawals, and both have a minimum and maximum requirement of £5 and £5,000, respectively. PayPal deposits are immediately reflected whereas withdrawals take 1 day to process.

We will be focusing on some of the bigger online PayPal casinos in more detail at a later date, keep your eyes peeled!

Welcome to PayPal Casino, the site dedicated to bringing you all you need to know about PayPal casinos – where to find them, how they work, and our favourites of the bunch.

PayPal Information:

PayPal is a leading provider of online financial services, which lets people worldwide open their own personal or business/premier accounts, to which they can deposit and distribute their funds. Then, when these PayPal users need to pay for services or products online, they’ll can the funds in their PayPal account to do so. Similarly, when these PayPal users need a way for someone to pay them, they can ask the other party to pay them through PayPal.

Some online casinos accept PayPal deposits and withdrawals as once the account has been set up it is a very simple process to deposit and withdraw. You are advised to use only casinos that take PayPal. What are the benefits of PayPal casinos?

Why PayPal Casinos?

PayPal acts as an intermediary account for your online financial transactions. Instead of using your bank account or your credit card to pay someone online and instead of giving someone your bank account or credit card information so you can be paid by someone else online, you can do all your online financial transactions using only one account – your PayPal account.

PayPal lets you process financial transactions without giving away your personal banking information to anyone. PayPal knows your information, but PayPal is a big company that has proven reputable and trustworthy throughout its years of existence. By using PayPal to make and receive online payments, you limit the number of entities that have your information. You can go everywhere online, shop anywhere and deposit funds for whatever it is that requires it without revealing your personal and banking information. In effect, you give PayPal your personal and banking information, and you give other people your PayPal account name. Thus, PayPal adds a distinct level of security to your online transactions.

The additional security that PayPal provides is particularly important to online casino players. You have probably heard that some online casinos and gambling sites are mere fronts for illegal and criminal activities.

The way things are in the web, someone with malicious intentions can easily set up his own gambling site then lure gamblers in with incredible bonuses and huge prizes. The unlucky players who get drawn will set up their account then make their deposit and, in the process, will give the unscrupulous operators their personal, credit card and banking information. The unscrupulous people behind this casino will then use the information to defraud or to steal their players’ identity; they can also simply collect the information then sell it to interested third parties who will, of course, use it for their own wicked plans.

Of course, I’m not saying that the casino in which you are playing is one of the bad guys, but it’s best to make sure you’re protected anyway. The best way to protect yourself online is to get a PayPal account and use PayPal to make your deposits to and withdraw money from your online casino account. This way, the online casino – whether or not it has base intentions – will never get the chance to play you false. This, in a nutshell, is the reason why you should choose to play only in PayPal casinos or online casinos that take PayPal deposits and allow PayPal withdrawals.