PaySafeCard is a prepaid card you can use to fund your online casino account. It is a safe, convenient and widespread banking method available to casino players in over 40 countries. Paysafecard casinos process your payments instantly, so you can get your account topped up in no time. However, if you think of withdrawals then you’ll have to find another banking method because the Paysafecard prepaid card cannot be used for cashing out. If you are looking for a quick and safe banking method to fund your online casino account, stay with us to learn more about Paysafecard.
Paysafecard Casino Sites:
Founded back in 2000 in Austria and Germany, Paysafecard is headquartered in Vienna, Austria.
For more than 15 years, the company has established itself as one of the leading online payment service providers, especially on the European market. The success was followed by the acquisition of another popular prepaid method – UKash – in 2015.
What’s more, the company received several awards for providing one of the most innovative prepaid payment services. Today, Paysafecard is owned by Skrill Group and it has offices around the world.
The list of the countries where Paysafecard is available counts 44 names, from Austria, Belgium, Sweden and the UK to Australia and New Zealand, to name just a few.
How to make a Paysafecard Casino deposit
In the online casino world, the way you hand over money is an important feature when choosing a site to play at.
A good, safe casino will offer a wide range of recognised payment methods. You can’t evaluate a casino site just from the wallets it accepts, but if Paysafecard is one of the accepted methods – likely you’re in good hands.
So breathe a sigh of relief when you see the Paysafecard logo across the bottom of a casino front page.
Paysafecard is one of a growing number of pre-funded electronic payment systems. Unusually it allows balances to be created with cash in real-life stores.
Simply, you buy a card of the value you’d like to spend online. The card’s unique 16-number PIN is input when you want to spend your balance, or a fraction of it, online.
To make a Paysafecard casino deposit is simplicity itself.
Tick the box to use Paysafecard on your deposit screen, select an amount to deposit, and input your PIN number.
The card functions as an online “wallet” and will store what you don’t spend.
Fees & Timeframes
Online casinos accepting Paysafecard don’t charge fees on depositing via prepaid cards and all your transactions are processed instantly.
What you should be aware of is that certain costs may be imposed by the service provider and this particularly applies to customers who have registered with an My PaySafeCard account. If you have not made any transactions via this account within 12 months, a monthly fee of £2 will be taken from your account every 13th of every month.
Paysafecard is valid for 12 months, so if you have not transferred your funds to a Paysafecard casino or some other service provider or merchant, you will be charged a maintenance fee of £3 per month.
If you request a refund, it will be subject to a £6 redemption fee and a conversion fee applies to all currency exchanges while using a prepaid card.
Is Paysafecard gambling safe?
The card says it is safe so surely it is safe, right? Well, North Korea calls itself the Democratic People’s Republic of Korea yet the 100% turnout in their “elections” always produce the same result.
Fortunately, Paysafecard is far more trustworthy than the Kim regime and you should certainly consider using it when you play online video slots.
The card is simple to use. You can buy an actual card in a shop – in the UK the sellers include ASDA, WHSmith, OneStop and others – or browse to the company’s own site and buy a code online. The code you get – or can reveal on your card – is a 16-digit PIN number that you use when you wish to spend all or part of your balance at an online casino.
The first place to check the safety of a payment system is at the company’s own website. And there you see a parent company based in Austria, properly registered there, and with a fully legitimate website that includes the news that the company is authorised by the Financial Services Authority in the UK.
This is all great news for players looking for ways to pay that they can trust!
Even better is the fact that Paysafecard’s logo appears stripped across the bottom of any number of websites focusing on online gambling. And these sites are reputable. Back at the UK casino sites, we find some of the biggest names in the business accepting Paysafecard casino deposits.
Reputation is everything and these guys appear to have a reputation for trustworthiness to be envied. You’re not limited to just those sites though, with getting on for 4,000 online casino sites accepting the card.
Always be sure that the sites you play at are honest and safe and use the correct logos and links for their payment partners and that they are licensed to accept your business in your location.
Advantages & Disadvantages of Paysafecard
There are a number of advantages to this system.
It is potentially completely anonymous and it doesn’t require you to have a bank account or credit card.
You should also consider the possible downsides of using Paysafecard.
The chief one is that you cannot receive money with it. If you do win money you will need a bank account or another electronic means of payment.
Don’t use Paysafecard to try to get around age restrictions or other limits an online casino may use. Anonymous payments don’t exempt you from the rules, and if you have broken them you will never see any winnings.