Paysafecard is a type of cash voucher that can be used at a variety of online casinos in a number of jurisdictions. Available through a number of retailers, Paysafecard is often chosen for its convenience and security. Currently available in a total of five currencies (euro, pound, US dollar, Swiss franc, and Swedish krona), it's easy to see why Paysafecard is one of the most popular deposit methods worldwide.
Overview of Paysafecard Deposit Method
Unlike most other payment methods found at online casinos, Paysafecard is not an e-wallet. As such, using it does not require completing any secondary registration forms, verifying data, or waiting for transactions to get processed. Instead, Paysafecard works on a ticket system that allows you to buy a 16-digit code and redeem it at any participating merchant for the total cash value.
Safety and security are the top priorities for most online casino players, and Paysafecard has proven safe, prompting many punters worldwide to use it for casino deposits. Although it has its downsides, Paysafecard is perfectly secure, especially if you want to shield your personal details from casino operators.
With a Paysafecard, you circumvent the traditional information sharing with third parties, relying solely on the 16-digit code provided by the payment company. Since anonymity is one of the main prerequisites for many a casino player, Paysafecard is one of the top payment solutions that meet the anonymity criteria.
Most new online casinos accept Paysafe card, so if this is your method of choice, you won't have anything to worry about.
How to Deposit at Paysafecard Casinos?
Apart from offering secure and fast deposit transactions, Paysafecard makes depositing money rather straightforward and hassle-free. Here are the steps to follow when depositing money at online casinos that accept Paysafecard:
- Purchase a Paysafecard code. Paysafecard selling points can be found on the operator's website or app. Whichever amount you pay for your Paysafecard will be the amount available, as there are no fees.
- Look for the best casinos accepting Paysafecard. You don't have to look further than this page; we have listed all the top casinos that accept Paysafecard here. Browse the list, read the online casino reviews and pick the one you like best.
- Visit the cashier. The next step is to choose the deposit method; pick Paysafecard, and move on to the next step.
- Type in the 16-digit code and the amount you wish to deposit. The minimum deposit will vary, but either way, you can adjust it to your bankroll. Also, you won't be asked to spend the whole amount at once; you can spend a portion of your balance and keep the rest.
- Start playing casino games for real money. Paysafecard transactions are carried out instantly, and most online casinos won't charge you a deposit fee. Note, however, that should you choose to deposit in a different currency than the one used to purchase the card, the operator will charge a 2% fee.
How to Withdraw Winnnings from Paysafe card Casinos?
Unfortunately, Paysafecard is not among the casino payment methods that let you withdraw your winnings. However, there is a workaround for this issue as the payment provider offers a separate service, dubbed My Paysafecard, that allows punters to withdraw. The service is not available at every Paysafecard casino, but quite a few feature it.
Here's how to withdraw funds from real money casinos using Paysafecard:
- Create a My Paysafecard account. Sing up on the My Paysafecard website. Apart from being a mandatory step, this will help you have a better overview of your codes and transactions. You will be advised to use the same information you used to register at the Paysafecard casino of your choice.
- Visit the casino cashier. Launch the cashier at the online casino and choose Paysafecard as your preferred withdrawal method.
- Withdraw funds. Limits for Paysafecard withdrawals vary from casino to casino, and you should know this information before cashing out. What players like about Paysafecard is that the operator covers processing fees. You should get the green light for your withdrawal request within 24 hours
Disadvantages of Paysafecard Casino Sites
Paysafecard is only available in fixed amounts that vary from currency to currency. As such, you may have a difficult time if you like to deposit odd amounts or are an exceptionally high roller. In these instances, look into a more practical e-wallet solution or buy several Paysafecard codes at once.
Another disadvantage of this banking method is that it cannot be used for withdrawals. In that case, you must activate My Paysafecard, another service the operator offers that lets customers withdraw their money from the top online gambling sites.
Should You Use Paysafecard at Online Casinos?
Most regular and mobile online casinos offer Paysafecard as one of the banking options for their customers, meaning that using it for casino deposits is perfectly safe. If anonymity is your concern, then Paysafecard is the right choice.
On the other hand, if you intend to use the same payment solution for withdrawals, you should reconsider Paysafecard. For many casino players, registering two accounts and using two services can be tiresome and time-consuming; if you're one of them, think about a different payment method for your casino transactions.
