Deciding on which online payment method works best for you can seem pretty daunting. That’s why we put together a series of guides explaining each payment method in detail. We hope this Paysafecard guide clears some things up for you and gets you back doing what you want to do – playing at online casinos.
In this Paysafecard Guide, you will learn:
- How to use Paysafecard
- Depositing and Withdrawing via Paysafecard
- Paysafecard processing times
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How Do I Use Paysafecard?
Paysafecard is a prepaid payment method that doesn’t need a bank account or credit card. Using a Paysafecard involves buying a voucher at a local shop and then using that voucher to pay online. Here’s how to use Paysafecard:
- Go to any outlet that sells Paysafecard vouchers. There are over 650,000+ places all around the world that sell these vouchers in amounts of €/$10, €25, €/$50, or €/$100.
- Once you get your Paysafecard voucher, you will have a 16-digit PIN. This PIN is a lot like a credit card number. That means make sure not to share it with anyone.
- Go to any participating online casino and use the card to make your purchase.
- You’re now ready to play.
Paysafecard say that they are “essentially free.” What does that mean? Well, it means that they do have some fees such as a €/$2 a monthly inactivity fee that kicks in after 24 months of inactivity. There are also some fees if you use Paysafecard with MoneyGram.
Depositing Via Paysafecard
After you get your Paysafecard, you’ll want to use it to deposit funds into your online casino account. This process is slightly different for all of the different casinos that accept Paysafecard, but the process is fairly straightforward. The process for depositing via Paysafe card involves the following:
- Go to the online casino website in which you want to play.
- Go to the “My account” section and then “Deposit.”
- Select the “Paysafecard” option.
- Now, select the amount that you want to deposit using your Paysafecard. Often, you have to at least deposit £5
- Enter any additional information that is required by the online casino.
- You might have to agree to additional terms and conditions depending on the website.
- After sending the payment you should get a confirmation message showing you how long it will take to have access to your funds.
Withdrawing Via Paysafecard
The great thing about Paysafecard is that you can also use the card to withdraw funds as well. After all, you do want to take home all your winnings!
This process might be slightly different and not all casinos will allow withdrawals. Depending on which online casino you are using, the process involves the following steps:
- Go to your account page.
- There should be some option for withdrawing your winnings.
- After you get to the withdraw section, select Paysafecard as the method to withdraw funds.
- Now, select the amount you want to withdraw. There may be a minimum requirement on the amount you must withdraw. This policy depends on which online casino you’re playing at.
- After selecting the amount you want to withdraw, enter your email address or other information that is linked to your Paysafecard account.
- You should receive some confirmation that tells you your request went through and how long it will take to receive your funds.
Paysafecard Processing Times
One great thing about Paysafecard is fast processing times. Paysafecard transactions are usually completed in a few minutes In some very rare cases with technical problems, the transaction times may take a few minutes.
Benefits of “Paysafecard” Methods
The fast processing time isn’t the only benefit of using Paysafecard to play at online casinos. Actually using Paysafe card has many benefits like:
- Multiple Currencies Support
Online gaming is a fun activity that can be enjoyed by people from all around the world, so it makes sense that Paysafecard accepts various currencies.
If you are using a commonly used currency, then the chances are you can use it with Paysafecard. If you are not sure, you should check the official Paysafecard website to view the exact currencies that are accepted.
- Robust Security
Whenever you are dealing with money you want to be cautious. After all, you don’t want any shady companies, or evil hackers, to run off with your money. That’s why Paysafecard is so great. Paysafecard has robust security features including state-of-the-art encryption and international safety protocols. Paysafecard’s Risk Solution Program provides even extra security for you and your casino winnings. That means you don’t have to worry about getting your information stolen – just spend time playing games.
- Ease of use
Paysafecard is also easy to use. Its website is easy to navigate and allows you to track and see all of your payment transactions in real-time.
- Legal Transfers
Besides using Paysafecard to play at online casinos, Paysafecard can also be used to transfer funds to other third parties. Perhaps you want to send a gift to one of your online buddies. With Paysafecard, you can send them over some cash so they can join in on the fun.
Paysafecard Customer Support
Although Paysafecard has a lot of great things, it seems that customer support may be one of Paysafecard’s weakest aspects. On one platform Paysafecard has a rating of 1.3 stars out of 5 from 27 reviews.
If this is concerning to you, we advise that you look at the most up-to-date reviews about Paysafecard’s customer service. Hopefully, they are always trying to improve, so you look at the most recent reviews.
Paysafecard Summary
Paysafecard is just one of the many kinds of online casino payment methods that are available to online casino players. The company is based in Vienna, Austria, but Paysafecards can be used all around the world with various currencies.
Using Paysafecard is very easy. The process is similar to using a credit card, but in some cases even simpler. Also, with Paysafecard, you can easily keep track of all of your transactions in real-time so you know exactly where your money is.
The “killer feature” of Paysafecard, besides it being incredibly easy to use, is the safety of mind that you get when using Paysafecard. Here at CompareCasino we only recommend legitimate casinos, but some players may be wary of giving their credit card details or account information to other companies.
With Paysafecard, this isn’t a problem at all because you can buy vouchers in person, with cash. You can use this money to top off your online casino account. Then, after you win a bunch, you can have your winnings put back on your card. And you can do all of that without a bank account or credit card!
Pros & Cons
Pros
- Multiple currencies support.
- Secure and safe transactions.
- Ease of use.
- Widely accepted across many casinos.
- Your bank details won’t be shared with the casino .
- Low minimum deposit required.
Cons
- Cannot accept withdrawals.
- Some casinos charge a fee which comes out of your deposit.
- You’ll be charged if you don’t use all your funds in 12 months.
- Cannot make any large deposits.
