PaySafe is one of the leading European prepaid card companies. Since 2000, its popularity has been rising thanks to its ease of use and for allowing users to simply pay with a voucher.
When it comes to online gambling, it allows players to simply pay money in exchange for a voucher. This voucher can, in turn, be used to fund their online casino account. This process enables the user to safeguard their identity as well as banking information.
If you have been searching high and low for a safe Paysafe casino site to join, we have all the available options right here.
Keep on reading to learn more about PaySafeCard casino sites.
PaySafeCard kicked off its journey in Vienna, Austria back in 2000. Since then it has expanded to more than 40 countries around the world.
During this time, it has made some prominent acquisitions, including Skrill, which it took over in 2003.
This prepaid voucher system allows users to purchase vouchers anytime and anywhere, either from a retail store near them or online.
You don’t have to worry about its safety. Not only will it never share any personal or banking information online, but it is also regulated by the UK Financial Conduct Authority (FCA). It also enjoys a solid partnership with Mastercard.
In fact, in 2020, the companies blossomed their partnership and integrated both Google Pay and Apple Pay into the PaySafe payment system.
PaySafeCard comes with a barrage of benefits. It is not only easy to use but it is also one of the most prominent prepaid vouchers around. These include:
Getting set up is a breeze. There are two ways for you to pay online with PaySafeCard, namely without registration or with registration.
Here’s how to get set up without registration:
The entire process is equally as smooth when it comes to paying with registration. You only need to register for an account with PaySafeCard. You can manage your online payments there and even order a prepaid PaySafeCard Mastercard.
PaySafeCard has made it easy for players to make deposits with this very safe payment method. Though there is no option to cash out, you can use it to claim any welcome casino deposit bonus and free spins deals.
Although it is rare for online casinos to make PaySafeCard deposits exempt from online casino bonuses, it is still possible. This may be due to KYC procedures. Unlike bank cards and e-wallet options, online casino sites are unable to verify the identity of the player when opting for PaySafeCard.
In fact, players are unable to cash out when opting for this payment method either (unregistered). We always recommend looking at the bigger picture when opting for this method, especially when it comes to withdrawals. You may have to resort to bank transfers or e-wallets to cash out any potential winnings.
If you insist on cashing out with PaySafeCard, you will have to register for a My PaySafeCard account explained further below.
It is very easy to make a deposit when using PaySafeCard. It is as easy as applying a coupon or a voucher at an online retail store.
You can follow the below process to get started:
There is only one possible way to cash out your winnings with PaySafeCard and that is by registering for a My PaySafeCard account.
You can log into your online casino account and choose PaySafeCard as a withdrawal method. You then must input the amount you wish to cash out as well as your email address.
This is the only way for funds to reach you. The funds will then be credited to your My PaySafeCard account.
While you won’t need a bank account or a bank debit or credit card to get started, there are still some fees that apply when opting for this method.
There is a monthly maintenance fee that is automatically deducted if your voucher remains inactive for 24 months.
There are also currency conversion fees, which ultimately depend on the type of currency you are converting to.
And finally, there is a redemption fee for any refund you get back. Although monthly maintenance fees and conversion fees are standard, redemption fees can be excessive.
PaySafeCard, as well as PaySafeCard Mastercard, offer players numerous layers of safety when it comes to both deposits and withdrawals.
Since this is a regulated payment processor, you can rest assured that all steps are taken to keep your information safe.
If you opt for the traditional PaySafeCard voucher, you will never share your banking information with the online casino giving you an extra layer of anonymity.
The good news is that almost all online casinos offer PaySafeCard as a deposit method. It is as popular as bank cards. If you are shopping around for a new online casino, this method will definitely be able.
Before jumping on the bandwagon, make sure that you sign up to a licensed and regulated online casino. You should also look at the game selection available. If you like playing live casino games, does the new casino you are thinking of signing up to, have live casino online games available?
Once you are happy with what is available, you can proceed. If you are opting for PaySafeCard, you have additional security measures in place.
If for some reason or another, are unable to opt for PaySafeCard to gamble online, there are always other viable options. These include:
Players who are looking for extra safety and a trustworthy payment method to make deposits should look no further than PaySafeCard. If used appropriately, you can easily avoid paying fees.
It also helps you control your expenses and manage your online gambling bankroll. If you opt for a voucher, you will also avoid the risk of chasing after your losses.
It is the most ideal payment method for players who want a safe and anonymous online gambling experience.
1. Are PaySafeCard casinos generally safe?
Yes. As long as you sign up to a licensed and regulated online casino, PaySafeCard can be a great option. Since you don’t have to share any financial information with the online casino site, you can safely deposit your funds by inputting your unique PIN code.
2. Can I withdraw my winnings with PaySafeCard casinos?
Yes and no. If you are opting not to register for a My PaySafeCard account, then you will not be able to cash out. You would have to opt for an e-wallet option or else, a bank transfer.
The only way to cash out with PaySafeCard is by registering for a My PaySafeCard account. Even so, you might want to check if the online casino of your choice accepts this payment method for withdrawals. Not all sites allow you to cash out with this method.
3. Are there any fees associated with PaySafeCard?
Yes, but it should not affect you when it comes to your online gambling transactions. The only way it could affect you is if you are playing in a different currency.
Fees apply to vouchers that have not been used in 24 months, conversion fees and redemption charges.
4. Can anyone opt for PaySafeCard?
This payment method is available in more than 40 countries and is a widely accepted form for payment and deposits at online casinos. It can be used by all players where this payment method is available.