PayPal is a US-based electronic wallet, but it has spread its wings to many countries across the world, including Malaysia. Today, PayPal leads other online payment methods with more than 60% market share. However, despite PayPal's popularity, it's not the most preferred payment method in Malaysia.
This is mainly because it does not support the online bank transfer, FPX, which is a preference for Malaysians. In fact, in 2019, PayPal resorted to closing down its Malaysian physical office, causing panic among the residents who had PayPal accounts.
Nevertheless, there are many Malaysians who still use PayPal for their online transactions. That's because the system comes with dozens of benefits, which many other online payment solutions don't offer. For instance, Malaysians don't need to pay any fee to sign up with PayPal.
Signing up for an account with PayPal is also a breeze. And, it's one of the safest payment systems in the world. Thus, Malaysians, including online casino players, can safely transact with PayPal, knowing that their financial information is in the safest hands.