PayPal is a popular method in Switzerland to make online payments due to its convenience, security and flexibility of the available base funding sources.  As such, many people are curious about whether or not they might be able to use PayPal from Switzerland as their payment method of choice with various sports betting sites.  Unfortunately however, PayPal is NOT AVAILABLE for use from Switzerland with any online sportsbook.  PayPal is only available as a sports betting payment method in countries where gambling is nationally regulated. 

PayPal alternatives for Swiss sports betting payments

Luckily, there are other online payment methods available to Swiss customers that do work with betting sites.  Services like Klarna (Sofort), MuchBetter, Skrill, Neteller and EcoPayz allow for quick e-wallet transfers or bank debits.  Bank transfers and credit cards are also generally available from Switzerland.

What is PayPal?

PayPal is a service that enables you to pay, send money, and accept payments without revealing your financial details.

How to fund your online sportsbook account with PayPal?

If you lived outside of Switzerland, perhaps in a country where betting sites are nationally licensed and regulated, you would simply register your credit card or link your bank account to your PayPal account.  Then on the cashier page at your betting site of choice, you would be able to log in securely to your PayPal account in order to confirm the transfer to the betting site.  PayPal would then complete the transfer for you without sharing your financial details with the betting site.  Until Swtizerland licenses sports betting providers, PayPal likely will not be available to players as a payment option.

About PayPal the company

Established in 1998, PayPal are currently listed on the NASDAQ, symbol PYPL.  Their open digital payment platform allows their 210 million active account holders the ability to send money, pay or get paid.  PayPal account holders can receive funds in over 100 currencies and may withdraw funds in over 55 currencies.  In 2016, they processed over 6 billion transactions in 2016.