DO you value your privacy and security? Find out why Paysafecard has built a reputation as being one of the most secure online casino deposit methods in the UK, Europe and several other countries. If you like the idea of keeping your banking details private, continue reading to learn how to start playing at Paysafecard casinos.
Launching in 2000, Paysafe Group Plc. is based out of Vienna, Austria and operates in 42 countries. In 2015, the company processed 97 million transactions in 23 currencies and 24 languages around the world. There are now more than 500,000 sales outlets globally where customers can purchase a preloaded Paysafecard PIN.
What is Paysafecard?
Paysafecard is a prepaid payment method that’s similar to using cash. All transactions are completed through a secure portal through the Paysafecard website. This means you no longer have to provide casinos with your credit card details. In fact, you don’t even need a credit card (Visa, AMEX or MasterCard) or bank account to use this service.
According to studies conducted in the EU, 35% of citizens in the EU don’t have a credit card. Many of those with a credit card, prefer not providing those details over the Internet. Simply purchase a prepaid card featuring a 16-digit PIN, visit one of the supported casinos on this page and then make a deposit using the 16-digit PIN.
Where to buy a Paysafecard PIN?
Purchases can be made locally at retail locations or online. In Great Britain, customers can purchase a PIN at ASDA, ePay, McColls, One Stop, PayPoint and WHSmith locally, or with WKV online. Visit Paysafecard and use the “Outlet Finder” to find the closest retail locations to you by providing your address or postcode.
You can purchase a new code in varying increments. In the UK and Europe, PIN codes are available in 5, 10, 25, 50 or 100 increments using pound sterling (£) or Euros (€). There’s no fee to purchase a card and very little fees to worry about at all. The low cost of using Paysafecard is another advantage of this deposit method.
What happens when you want to deposit more than £100 to your account? You can use up to ten PIN codes at once, meaning you can deposit up to £1000 using Paysafecard in the United Kingdom and Europe. This is suitable for 99% of players. Those that want to deposit more should look at alternative casino deposit options, such as PayPal, Skrill or Neteller eWallets.
What are the fees?
Paysafecard charges a 2% currency conversion fee, but that’s easily avoidable by buying a code in the same currency as your casino account. Retailers can charge a transaction fee at their discretion, but we have done the research and only recommend Paysafecard casinos that don’t charge a deposit fee, which includes several of the top online casinos UK.
It’s possible to request a refund on the remaining value of your card from Paysafecard, but they’ll charge a £6 fee, so this is never recommended. The only other fee is an inactivity fee. There’s no inactivity fee for the first twelve months, but for each month afterwards, Paysafecard will charge £2 monthly to the remaining balance.
Do online casinos payout with Paysafecard?
Only those in the United Kingdom and Europe can receive payouts. You need to open a Paysafecard account in order to receive a withdrawal. Your name and email needs to match your PSC and casino accounts. There is often a small fee when requesting a withdrawal. For example, the fee at Guts Casino is £2.50 only.
The withdrawal will be sent to your Paysafecard account and those funds can then be used to complete a purchase where PSC is accepted or loaded to a PSC prepaid MasterCard. In some cases, online casinos won’t payout through Paysafecard. If that’s the case, withdrawals from the casino are processed through bank wire.
Withdrawal limits are small when using a Paysafecard account, though. For instance, the limit is just £200 at the Guts Casino, but I have seen limits as high as £2000. The best bet is to use PSC to fund your account to avoid providing credit card details and then send the casino your bank details for a wire when withdrawing.
Who can use Paysafecard to fund an online casino account?
I mentioned some statistics earlier, which showed Paysafecard is available in 42 countries and 23 currencies, but not all of them can use the service for gambling. Your best bet is to visit the casinos on this page to find out if you’re able to use Paysafecard.
The voucher casino banking method is popular with UK depositors, Canadians, Australians and more.
Here’s a list of the countries that can definitely use the service.
-Australia, Canada, Germany, Italy, Ireland, Portugal, Spain, Sweden, UK, Argentina, Austria, Croatia, Bulgaria, Czech Republic, Cyprus, Finland, Denmark, Greece, Gibraltar, Latvia, Hungary, Liechtenstein, Luxembourg, Mexico, Norway, Malta, Poland, Peru, Slovakia, Romania, Slovenia, Switzerland and Uruguay
The Paysafecard currencies that can be used at online casinos include the following:
-GBP, AUD, USD, EUR, CAD, CHF, CZK, HUF, DKK, NOK, MXN, SEK, PLN, ARS and RON