If you’re not new to online casino gaming, you must have seen Paysafecard being listed as a payment option at multiple casinos.
Paysafecard is a modern payment service. It was established in Austria, but it’s since expanded to five continents and become available in more than 40 countries worldwide. It’s regulated by the UK Financial Conduct Authority (FCA). Additionally, it partners with Mastercard, the world-famous payment service.
As of 2020, Apple Pay and Google Pay have been incorporated into the Paysafe payment system.
But how does it work in the casino gaming context? How can you deposit via Paysafecard? Can you make a withdrawal through the same method? Read on as we answer all of these questions and more.
How to Make a Casino Deposit Using Paysafecard?
Depositing at online casinos gets easier as time goes by. There are many options you can choose from, and they include both standard and non-standard ones. Given the modernisation of the industry, that’s not surprising. Whichever your preferences may be in terms of payment, you’ll find a method that suits you. If you choose a reputable real-money casino, that is.
Depositing via Paysafecard doesn’t differ much from depositing via a credit or debit card — it’s equally simple. Additionally, it’s a more secure payment option as it offers better protection to its users. It’s also more convenient, as the mobile app displays the closest locations where you can buy the prepaid codes.
Firstly, you’ll need to buy a code. Since there are no fees, the amount of money you pay will be the amount of money available. After you choose a casino that accepts Paysafecard and register, go to the cashier, select the deposit button and Paysafecard as your method of choice. From there, all you’ll have to do is enter the amount of money you wish to deposit and your code. The money will soon be available in your casino account.
How to Withdraw Funds from Paysafecard Casinos?
Paysafecard isn’t generally available for cashing out. “Generally” is the operative word because there’s a service called My Paysafecard, which is offered as a withdrawal option at some casinos.
If the casino you’ve chosen supports My Paysafecard, you should make a My Paysafecard account. By registering on the website, you’ll keep track of your codes and their current balances. When creating an account, you should use the same information you’ve used to create an account at the casino.
After selecting My Paysafecard as your withdrawal option in the casino cashier, enter the amount of money you want to cash out. Your request should be processed and approved within a day.
Paysafecard Limits at Online Casinos
Deposit and withdrawal limits (both the minimum and maximum amount of money you can deposit or cash out) vary from one payment method to another. Moreover, they depend on the operator, that being the casino.
As for Paysafecard, the minimum deposit is generally $10. The maximum deposit limit may be as high as $1,000. By combining multiple codes, you may be able to deposit that much money at once. That is, if the casino allows it.
When it comes to cashing out, the amount generally ranges between $20 and $1,000. However, that also depends on the casino, as different casinos set their maximum withdrawal limits at different amounts.
Paysafecard Casino Transfer Fees
There are some fees you should take into account when using Paysafecard. If your voucher is inactive for two years, you’ll be charged a monthly maintenance fee of $2. However, this depends on your country, so it’s variable.
There’s also a currency conversion fee. It’s not fixed, as it depends on the currency you need.
Lastly, there’s a $7.50 redemption fee. Thus, if you have $100 and spend the money on a purchase, you’ll get $92.50 when you ask for a refund.
How Long Does It Take to Move Cash into a Betting Account Using Paysafecard?
The processing time for deposits via Paysafecard is instant. Thus, as soon as you make a transaction, your money will be in your casino account, available for playing.
As for cashing out via My Paysafecard, withdrawal requests are generally approved within 24 hours. After that time, the money you’ve requested to withdraw should be in your My Paysafecard account.
Additionally, transactions via Paysafecard don’t display any of your personal information. Therefore, they won’t show on your bank statements.
Paysafecard Payment Method Review: Casino Edition
Paysafecard is a popular payment method with numerous benefits. First of all, it’s simple and easy to use. From buying a prepaid code to depositing to cashing out your winnings — the entire process is fast and user-friendly. Speaking of fast, deposits via Paysafecard are processed instantly, and the processing time for withdrawals is up to 24 hours.
As for being user-friendly, Paysafecard is widely available. There are many selling points worldwide, and the app will make your purchase even easier, displaying the closest locations where Paysafecard codes are available.
To top it all off, Paysafecard involves anonymity, which is a big advantage. Transactions you make using it won’t be displayed anywhere. Thus, your personal information is safe.
How to Find a Paysafecard Online Casino
Paysafecard has many selling points worldwide, as you know. Therefore, it’s quite popular and widely available, which is why you won’t have any trouble finding an online casino that offers it as a payment option. To put it simply, many online casinos accept Paysafecard.
However, not all of them are good. If you’re not careful, you can end up with an account at a rogue casino, facing numerous issues, such as voided winnings and stalled withdrawals. That’s why you should make it your priority to register only at reputable casinos.
We advise you to browse through our selection. There, you’ll find a variety of online casinos that accept Paysafecard. They’ve all been carefully reviewed and deemed trustworthy.
Alternatives to Gambling with Paysafecard
If for some reason, you can’t use Paysafecard, there are many alternatives. At least, if you choose a good casino that offers numerous payment options. Firstly, there are the standard ones, such as credit and debit cards. They’re the go-to payment options for all the players who don’t know which method to choose.
Alternatively, there are other non-standard options, such as e-wallets. Most modern casinos accept Neteller and Skrill, two of the most widely used methods. Additionally, there may be cryptocurrencies available. If you care about anonymity, you can consider Bitcoin.
There are many benefits to using Paysafecard for online gaming. For starters, your transactions will be anonymous, meaning that they won’t show on your bank statements. Additionally, your personal information will remain private.
Whether you deposit via Paysafecard or withdraw money to your My Paysafecard account, transactions through this payment method are fast.
Lastly, Paysafecard is a legitimate payment method available worldwide. You’ll find it easy to get your voucher and even easier to use it. As long as you play at a trustworthy casino, you’ll be happy with this payment method.