As with all payment methods, I cannot fully guarantee that PayPal is safe. This is not because of the method itself but rather the casino. If you want some certainty, stick to our recommended PayPal casinos. We have reviewed these casinos and know PayPal is safe to use with them.
When it comes to the eWallet itself, I really like to use PayPal because of the buyer protection service they have in place. This means that if the money doesn't show up or the casino is shady and doesn't match its description, PayPal might be able to refund your money.
More than that, all transactions are watched 24/7 to prevent fraud and identity theft. It's all protected with fancy encryption, and if anything seems fishy, the PayPal security team will be on it in no time. Also, when you pay with PayPal, the casino only gets your email and password. This keeps your financial info safe, which is great for online play.
Finally, it's good to know that PayPal is licensed by the Monetary Authority of Singapore as a Major Payment Institution. It's important to stick with licensed providers when you're handling cash.