Paysafecard is a part of the Paysafe Group PLC, the parent company behind well-known online payment services such as NETeller and Skrill. It was founded in 2000, with its headquarters located in Vienna, Austria. Paysafecard can be used in over 40 countries across the globe. Over time, Paysafecard absorbed some of its main competitors, like Ukash, for example.
Apart from euros, you can use the card in a range of other currencies like pounds sterling, US dollars, AUS dollars, Norwegian kroner, and more. Naturally, there are some fees and limitations involved with using Paysafecard, but we will talk about that in more detail below. The bottom line is that Paysafecard is a convenient payment method for everybody looking to send money or buy something on the Internet, as well as for gamblers who want to fund their casino accounts.
Advantages of Paysafecard
As the name of the card states, Paysafecard is as safe as it gets when it comes to online payment methods. When purchasing items online, you will use a unique 16-digit PIN code. Card users won’t be at any risk of getting scammed in any way. It is also relatively fast to use this method — you will be able to transfer your funds into a casino account in no time.
Paysafecard is a prepaid card, which means that you can only use the money that you already have on it. You won’t be getting into debt like with other classic credit cards issued by banks.
Paysafecard works independently of any banks, which is probably its biggest advantage. When choosing different payment methods in an online casino, the operator might have an insight into your sensitive financial information. So, if you value your privacy, as any person should, Paysafecard represents a sensible choice.
How Does Paysafecard Work?
Prepaid cards like Paysafecard are quite common in today’s online world. The card works in a relatively similar way to a credit or a debit card issued by your bank — the only difference being that you won’t be connected to a bank in any way while using this service.
To use a Paysafecard, you will be required to fund it first. Once you’ve done that, you will be able to use it for online shopping or gambling. It’s practical, reliable, and it will save you a lot of time.
However, the process of activating and using a Paysafecard is not that simple, especially if you’re new to this kind of payment option. Still, it’s not rocket science either. Nevertheless, we constructed a short guide which should help you get a better understanding of how to create an account and deposit money using your Paysafecard.
How to Create a Paysafecard Account?
Creating a Paysafecard account is quick, but you will still need to fill out some forms and provide necessary personal information.
The first thing you need to do is go to the Paysafecard official website and select your country of residence by clicking on the flag. Then, go to “My Paysafecard Login” in the upper right corner of the page and click on the “Register Now” button. From there, you will be taken to a registration page. You will be asked to provide information regarding your full name, date of birth (you must be at least 16 years old), phone number, residential address, desired username and password, email, etc.
You will then be asked to verify your information. Paysafecard will send you a confirmation email or an SMS message code to the phone number which you previously provided them with.
Once you complete this, your Paysafecard will arrive by mail the next week or so. You will get a unique 16-digit PIN code which will allow you to activate the card online, and your account will then be ready to use. You can also circumvent all of that by going to the nearest local sales outlet and buying the card personally.
Note that you can have only one Paysafecard account at a time. There are multiple systems used to track whether or not there has been a registration attempt from the same device or using the same name or address, so you can’t have more than one account in your name.
How to Deposit Using Paysafecard?
Of course, the first thing which you will need to do before making a deposit into an online casino account is funding your Paysafecard account. You can do that by simply entering the 16-digit PIN code and clicking on the “Add Credit” button on the homepage.
After that, you will need to find an online casino which accepts Paysafecard transactions. Luckily, there are many online operators which offer this method to players, so finding a suitable casino won’t be hard. In fact, some of the best online casinos in the UK make Paysafecard available to their customers.
Once you have found your preferred casino, it is time for you to create an account there (if you don’t have one already). The process of signing up in an online casino is similar to the one you completed on the Paysafecard official website. Just provide the necessary details and you’ll be good to go.
After your casino account is ready to use, you need to navigate to your account page and find a section intended for depositing. Choose Paysafecard as your payment option and type in the amount you wish to deposit. The money will go through almost instantly so you can expect to start playing in a matter of minutes.
How to Withdraw Using Paysafecard?
Paysafecard is one of the best solutions for depositing money into a casino account. Unfortunately, it doesn’t work both ways, so you can’t, in fact, withdraw money using this method. That is arguably the biggest disadvantage of Paysafecard. If you want to collect your casino winnings, you will need to choose another option.
Make sure not to forget that, since it will be frustrating when you actually win some money and you won’t be able to use it anywhere except back on the casino site. Think about creating a backup online payment method for withdrawals. There are many alternatives to Paysafecard, which we will talk about in one of our next sections.
Using a Paysafecard comes with some costs in the form of transaction and maintenance fees. There are different fee amounts for different countries and currencies, but we will focus on the UK and pounds sterling.
The maximum single transaction limit for British Paysafecard users is £750. The casino deposit limits depend on the casino itself and can vary significantly. Also, this amount only relates to the standard type of Paysafecard. You can opt for the unlimited Paysafecard which has much higher limits. More so, Paysafecard has higher limits for persons over the age of 18, and lower ones for younger adults.
The maximum balance for a standard card is £4,000, which is also the maximum for monthly top-ups. The maximum annual top-ups are £40,000. You can withdraw up to £400 on the ATM daily, and up to £1,000 a month.
When it comes to fees, there is a 2% fee for foreign currency payments, 3% fee for cash withdrawals at an ATM, and a 4% fee for top-ups. There’s also a monthly maintenance fee which is £2 for the first year after purchasing the card.
Note that online casinos might have their own fees related to the use of Paysafecard on top of the ones which we already mentioned. However, since this service can only be used for deposits, you won’t run into too many casinos which have fees for using Paysafecard.
Paysafecard Casino Bonuses
There aren’t many casinos that offer bonuses which are exclusive to Paysafecard. There are some bonuses reserved for specific payment methods here and there, but those are usually for cryptocurrencies.
However, you shouldn’t worry. If you’re a Paysafecard user, you will still be able to use bonuses just like with any other payment option. On the other hand, there are some sites which don’t offer bonuses to players who use certain payment methods, so you should inform yourself about that before opening an account anywhere.
Each casino has bonuses of its own. The most standard one is a welcome bonus. You can usually acquire a welcome bonus once you create an account on a casino site and deposit a previously stated minimum amount.
Other forms of bonuses and special offers are no deposit bonus, free spins, loyalty bonus (VIP), offers for certain games or certain time periods (daily, weekly, monthly…), and other.
Alternative Payment Methods to Paysafecard
Paysafecard is great for funding your casino account. Plus, it is safe, reliable, and practical to use for online purchasing. However, one thing which is missing is the ability to withdraw funds from a casino site. That will leave you in pursuit of some alternative withdrawal methods, which is completely understandable.
If you don’t like Paysafecard based on what you’ve read so far, you can opt for a completely different method altogether — a method which will let you make both deposits and withdrawals.
Here is a list of Paysafecard competitors which you can use:
- Credit cards (VISA or MasterCard)
When it comes to paying for things online, security is of utmost importance. Paysafecard is considered to be very secure since you are not required to provide any banking details to create an account.
So even if you get hacked (which is rarely the case), the hacker won’t have access to anything other than the information you already entered. If you notice any suspicious activity, you can request for your Paysafecard account to be locked.
Paysafecard uses the latest encryption systems to protect its customers. Nevertheless, you still need to be responsible. Keep your 16-digit PIN code secure and don’t give it to anyone you can’t trust.
Paysafecard Casino FAQ
Who can use Paysafecard?
Anyone who is at least 16 years old can buy a Paysafecard. However, most casinos don’t allow persons under the age of 18 to gamble, so you should check the age limits on each site. Paysafecard is available to the residents of the following countries: Argentina, Australia, Austria, Belgium, Bulgaria, Canada, Croatia, Cyprus, the Czech Republic, Denmark, Finland, France, Georgia, Germany, Greece, Hungary, Ireland, Italy, Kuwait, Latvia, Lithuania, Luxembourg, Malta, Mexico, the Netherlands, New Zealand, Norway, Peru, Poland, Portugal, Romania, Saudi-Arabia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, the United Arab Emirates, the United Kingdom, the United States, and Uruguay.
Why should I use Paysafecard?
Paysafecard is easy to acquire and use. It still remains one of the most popular methods for purchasing things online or depositing money into your online casino account.
Is Paysafecard safe?
Paysafecard is a safe payment method. You shouldn’t experience any fraudulent activities with this service but if you do, you should contact the customer service team immediately.
Can I use Paysafecard in an online casino?
Yes, many top online casinos include Paysafecard as one of the available payment methods. However, you will need to search for other options if you want to withdraw funds from your casino account.
How long does it take to deposit and withdraw money from my casino account using Paysafecard?
As is the case with most electronic payment methods, the depositing process is quick. You will be able to transfer money from your card to your casino account almost instantly. As we have already mentioned, withdrawing is not possible.
How much does Paysafecard cost?
There are over 650,000 Paysafecard outlets where you can buy a card physically. You can choose to buy a Paysafecard for £10, £25, £50, or £75.
Paysafecard is a popular electronic payment method which is used by millions of people worldwide. It is available in over 40 countries, and it’s present in many renowned online casinos. Gamblers like using Paysafecard services for depositing, but they need to have another method for withdrawing, which is why Paysafecard is not the perfect option for gambling. Nevertheless, it is one of the better payment methods out there. It is secure, transactions work fast, and it can be used effectively for buying things on the Internet.