It is available worldwide and you can find it at more than 600,000 sales outlets. Paysafecard is a voucher you can purchase from your local sales outlet to conduct instant deposits to your online casino account. This voucher is available in a variety of currencies and can be purchased by casino players from over 50 countries.
- Is Registration Needed
- Paysafecard Account
- Processing a Paysafecard Deposit
- Cashing Out Your Winnings
- Paysafecard’s Supported Currencies
- Paysafecard on Mobile
- Casino Games You Can Play
- Advantages of Paysafecard
- Disadvantages of Paysafecard
Its biggest claim to fame is its widespread acceptability across online casinos, with nearly all trusted gambling operators listing it in their banking sections. Stick with us to learn all you need to know about conducting instant casino deposits with this Vienna-based banking solution.
Is Registration Needed?
Since Paysafecard is a prepaid card, there is really no need to register anywhere in order to use it. You do not have to enter any confidential information. You can find Paysafecard in a great number of store chains where you can choose whether to buy a card with a denomination of $10, $25, $50 or $100. The vouchers are available in different denominations depending on your country of residence and its local currency.
You will be given a voucher of your desired value containing a 16-digit code, which you are supposed to enter when initiating an online casino deposit. On this page, we list the most reputable online casino sites that accept deposits with Paysafecard.
The biggest advantage of using a system such as Paysafecard is that it ensures the safety of both payees and retailers. The transaction is processed immediately after the player has initiated the deposit, granting them instant access to their gambling funds.
The card’s owner does not have to worry about security since there is no need to provide financial information and credit card numbers. In point of fact, the customer does not even need to possess a credit card to be able to shop online with a voucher. When you decide to pay for something online, you have to enter the 16-digit number that comes with your card and the amount of money owed to the online retailer is deducted from the voucher.
Your voucher will never expire but you should know there is an administrative charge after 12 months.
Signing Up with a Paysafecard Account
Registration is an option for casino players who insist on having a greater flexibility when depositing with this method. Signing up will allow you to store all your Paysafecard vouchers in one place. It also does away with the necessity of having to type in the vouchers’ 16-digit codes each time you top up your online casino account.
In order to register with Paysafecard, you need to be at least 16 years old but keep in mind the legal gambling age in most jurisdictions is 18 years old. You will need a valid email address, a valid mobile phone number, and a physical address. All this information will be verified during the registration process for the purpose of ensuring your own safety. You also need to choose your preferred Paysafecard username, password, and a security question you alone know the answer to.
Once your account has been verified, you will be able to upload the codes of all valid Paysafecard vouchers you have purchased. This will enable you to make casino deposits without entering the long codes of your vouchers – very useful considering the tiniest of mistakes will result in your deposit not going through. Providing a correct mobile number is very important here since Paysafecard will send you a text message to activate your new account with.
The only information you will need when initiating your deposit is your account’s username and password. You can even use Paysafecard to top up Skrill or Neteller digital wallets, which are also broadly accepted at most online casinos. Unfortunately, signing up is not an option in all countries Paysafecard is available in.
There are two account statuses. When you first sign up, your account’s status will be automatically set to “standard” and as such, it will restrict the annual amount you can transfer to your balance. High rollers are recommended to upgrade their Paysafecard accounts to an “unlimited” status. Verification is needed for the purpose.
You need to confirm who you are by uploading a copy of an identity document (a passport, an ID card or a driving license) along with a picture of yourself in which your face is clearly visible. When Paysafecard verifies your documents, you will be notified about your status upgrade via email.
Processing a Paysafecard Deposit
Depositing at online casinos with Paysafecard is mostly free of hassles and this is one of the main reasons why so many players prefer this solution. You just need to log into your existing casino account, navigate to the cashier, select Paysafecard as your deposit option, and provide the amount you wish to transfer to your balance.
You will be prompted to enter the 16-digit code of your voucher in the field provided for this purpose. Those who have registered with Paysafecard accounts can use their usernames and passwords to complete the money transfer.
Remember you do not have to spend the entire value of your voucher on a single deposit. There is the option to use the remaining available balance at a later stage. As we mentioned briefly, the vouchers do not have an expiry date but a maintenance fee shall be deducted from your remaining balance if you have not used it within a year. Another alternative is to combine up to 10 Paysafecard vouchers and conduct a larger money transfer.
It is advisable to set up your online casino account in your local currency, if supported. The vouchers you purchase from your local sales outlet will be available only in the currency of your country. If your casino account uses a different currency, you most likely will incur extra fees for conversion.
Another thing to keep in mind is that deposits conducted via Paysafecard are irreversible. Once the money transfer goes through, the deposit amount will be irrevocably deducted from your voucher’s balance.
Deposits carried out with this prepaid solution are immediate and do not involve additional processing fees on behalf of casino operators or Paysafecard itself. The minimum deposit limits for this banking solution normally range between $5 and $10 while the maximum cap rarely exceeds $1,000 per single transfer.
Cashing Out Your Winnings with Paysafecard
And this is the moment where some Paysafecard users will hit a snag. Sadly, the method is largely not supported for online casino withdrawals because it is, after all, prepaid. The inconvenience arises from having to look for alternatives. Some trusted casino operators like William Hill, for example, will automatically return withdrawals via other common methods like a regular bank transfer or a check.
Some gambling operators would allow for withdrawals with this method but this is a viable option only for players who have set up myPaysafecard accounts. The withdrawal process is no different than depositing via Paysafecard.
You once again log into your casino account, navigate to the banking menu, and pick Paysafecard as your desired cashout method. You will be presented with the option to cash out back to your myPaysafecard account. Choose this and input the email address you have registered your myPaysafecard account with along with the sum you want to cash out. Bear in mind that your casino account’s name, birth date, and email should coincide with those you have used when registering your myPaysafecard account. Otherwise, the withdrawal will not be completed successfully.
Withdrawal timeframes are different from one Paysafecard casino to another but on all occasions, you cannot expect the process to be immediate. The casino will first have your withdrawal pending until the request is evaluated and approved. This verification normally takes place within 24 to 72 hours depending on the operator. Generally, the entire procedure may take 3 to 10 business days. Most casinos will not charge your withdrawals extra but it is always a good idea to check with customer support for additional information.
Paysafecard’s Supported Currencies
The beauty of using Paysafecard as a casino payment method is that its vouchers are available in many different currencies. Understandably, the payment solution supports the currencies of all countries it is available in. When you purchase a voucher at your local outlet, it will be issued in your country’s main currency.
Some of the currencies Paysafecard works with include USD, GBP, EUR, CAD, SEK, AUD, NZD, NOK, BGN, CHF, PLN, MXN, BRL, DKK, RON, GEL, HUF, PEN, HRK, TRY, KWD, ARS, CZK, and SAR. Vouchers are offered in different denominations for different currencies. Whenever currency conversion is needed, Paysafecard will charge you an extra fee but a fixed amount is not stated on the website.
Players can figure it out with the help of the Paysafecard Currency Converter. The conversion will be conducted on the basis of the exchange rate for the day. You simply need to input the amount you want to transfer and then select your voucher’s currency along with the currency of your casino account.
The fee is clearly stated in the calculation results, but the converter also lets you know its percentage which also varies. For example, we have noticed that when you convert USD to ARS, the fee percentage is higher at 5.06%. Meanwhile, if you convert from GBP to USD, the conversion fee is lower at 4.04%.
What Fees Should Paysafecard Casino Players Anticipate?
Now, we have arrived at the subject all of us dread to talk about – extra charges. Making payments to online casinos with Paysafecard usually comes at no additional cost for players. That being said, some additional expenses may result when using this method. We have listed them all below:
- Currency conversion fees vary depending on the currencies involved in the conversion (4.04% for GBP to USD, 2.00% for EUR to GBP, and 2.00% for EUR to USD)
- An annual inactivity fee of $2 is in place for vouchers that remain unused for over a year
- Refunds come with $7.50 in extra fees
- Fees depend on your vouchers’ currency and your country
Paysafecard on Mobile
Most casino players who have transferred their action online insist on being able to also bet on their smartphones and tablets. Paysafecard comes in handy for mobile players since it gives them the option to make borderless money transfers if they happen to deplete their balance while on the move.
The payment services provider has launched two intuitive mobile applications for players to install on their Android or iOS devices. You can download one either from Google Play or from the App Store, respectively. Of course, there is the option to perform the transfer directly in your phone’s browser but we personally consider this the less convenient alternative.
The downloadable applications present a number of benefits to mobile players, giving them the chance to track their vouchers’ remaining balance, log into their myPaysafecard accounts, and find the nearest sales outlet to purchase a voucher from.
The latest iOS app is a bit bulky at 53MB and works on iPhones that run on iOS 10 or above. Android users can download their respective app as long as they have 34MB in free storage space and a device based on Android 4.4 or higher. Players with iOS devices will benefit from a multi-lingual app that is available in English, Polish, Greek, German, Italian, French, and Spanish.
Using Paysafecard is the best solution if you want to protect your personal and banking information. Each and every transaction is anonymous and there is no need to enter your credit/debit card number, which guarantees the safety of your funds. In fact, there is no need to even possess an active credit/debit card to use these vouchers. This alone is sufficient to counter any fraudster’s designs of robbing you off your money. Even if your voucher gets stolen or lost, the person who finds it will be unable to spend more than its available balance, which renders this prepaid method all the more secure.
Paysafecard takes pride in taking serious actions towards protecting customers from viruses and malware programs. Even in the hypothetical situation we have described above, Paysafecard has taken the necessary measures to protect your funds. It gives you the option to “lock” stolen or lost vouchers’ codes.
There is a special form for this purpose and you can find it in the website’s Safety section. You need to specify the exact reason why you want your voucher locked and enter its 16-digit code along with your email address. Once the code is locked, whoever finds your voucher will no longer be able to use it. Additionally, Paysafecard may refund you with the voucher’s available balance upon request.
If you are going to use Paysafecard for funding your online casino account, you can easily keep track of your spending. Transactions are protected by a digital security certificate and advanced encryptions.
What Casino Games Can You Play?
- Slots – 3-reel slots, video slots, bonus-feature slots, 3D and progressive jackpot slots
- Video Poker - Jacks or Better, Tens or Better, Deuces Wild, Aces and Faces, All American Poker, Aces and Eights, Double Bonus Poker, 2 Ways Royal Poker
- Roulette - French Roulette, American Roulette, European Roulette, Live Roulette, Age of the Gods Progressive Roulette, Multi-Wheel Roulette, and more
- Blackjack – European Blackjack, Blackjack Switch, Spanish 21, All Bets Blackjack, Double Exposure, Pontoon, Duel Blackjack, Blackjack Surrender, Live Blackjack, and more
- More table games: Craps, Baccarat, Casino Hold’em, Caribbean Poker, Sic Bo, and Pai Gow Poker
Advantages of Paysafecard
- secure and instant online payments
- several denominations of the prepaid cards: $10, $25, $50 or $100
- promotions for loyal customers
- very low risk of overspending
- wide availability in most renowned online casinos
It certainly is not difficult to see Paysafecard has a good number of advantages to offer, especially if one is an online casino player. First of all, the method can be found as a supported option on most trusted gambling websites that deserve attention, so finding an operator that works with it is easy as pie.
Second of all, the deposits conducted with Paysafecard are immediate and free of additional charges. This is not always the case with bank transfers and checks which require what seems like an eternity until you end up with some money in your casino balance. The only additional fees you may possibly incur are those for conversion, but this will not be needed if your voucher’s currency matches that of your casino account. Plus these cards are widespread in about 57 countries worldwide and support their respective currencies.
Thirdly, Paysafecard is rightfully considered one of the safest ways of conducting borderless payments. It eliminates the need of providing any banking information and personal details – all you need in order to deposit is a valid 16-digit code. The method is also great for casino players with bad credit history as well as for those who do not own any credit or debit cards.
The most important feature of Paysafecard, or at least in the context of gambling, is that it prevents less disciplined players from overspending. Once you exhaust the full value of your voucher, you will have no other option but to call it quits until you purchase another one. On top of that, most online casinos do not exclude Paysafecard from welcome-bonus redemption as is sometimes the case for Neteller and Skrill depositors.
Disadvantages of Paysafecard
Paysafecard may sound too good to be true but it still has a couple of downsides. Many high rollers most definitely will frown upon the low maximum deposit limits most online casinos impose on Paysafecard payments. These usually range from $200 to $1,000 per transfer which can hardly satiate the enormous appetites of big spenders. Even if your casino allows for a higher deposit limit of say $1,000, combining several vouchers to conduct a single payment may be a bit of a nuisance.
The fact transactions initiated via Paysafecard cannot be reversed is but a minor disadvantage. The biggest issue players might face when using this method stems from the fact the majority of online casinos do not accept it for withdrawals, causing one to search for other alternatives. Even if withdrawals are an option, players must have registered myPaysafecard accounts to request a payment.