paysafecard Casino Deposits – Convenient, Quick and Secure?
|Deposit Time||Withdraw Time|
|1 min||3-5 days||3,9%|
paysafecard is accepted at over 3,500 websites, including a huge number of online casinos. As an alternative to eWallets and other commonly used payment methods, paysafecard is popular amongst players who value anonymity and security in their online gambling transactions.
While paysafecard doesn’t have anything like the same coverage as PayPal or your average credit card, in terms of where you can use it online, it’s remained a popular option for casino deposits.
Almost all online casinos are set up to receive payments through paysafecard, and every decent UK casino already does business through this payment method. While paysafecard is an excellent solution for depositing, it comes a-cropper when it’s time to think about withdrawals.
Currently, it’s impossible to withdraw money via paysafecard, and that’s largely because of the nature of how it works. That means in order to receive money, or in other words, to claim your winnings, you’re going to have to look to another payment method.
However, that’s not to say paysafecard doesn’t have its benefits – it’s a hugely popular payment method for a reason. So why do so many gamblers choose paysafecard as their number #1 option when it comes to loading up their accounts?
paysafecard isn’t like your average eWallet. Instead of sending funds from your eWallet to the casino directly, paysafecard works on a voucher system. So you’re not transferring your money directly – instead, you buy a voucher in the amount you want to deposit from a retail outlet.
These vouchers are essentially just a unique 16-digit code, which you plug-in when it’s time to make your deposit. It goes without saying that this 16-digit code is your money’s worth, similar to old-style mobile phone top-up vouchers – so don’t go sharing your code until you’re ready to spend your prepaid credit.
Once you’ve entered your code, the funds should normally immediately be credited to your gambling account, so you can get stuck in without delay – much in the way you would if you had paid by Paypal, or via your debit card.
By definition, this is highly secure. At no point are you giving out your bank or card details to the casino, and they won’t get a note of your address either. Because you are buying the voucher from paysafecard, or rather from a retailer, and then spending the same voucher with the casino, you are completely isolated from any risks to your bank account or payment cards, as well as keeping any references to online casinos away from your financial records.
- Easy to Use: paysafecard is incredibly easy to use. You can buy your voucher and upload your funds to your gambling account in a couple of minutes, then you’re ready to go. It’s as quick and as convenient as any other commonly used payment method.
- Completely Secure: because there’s no link to your identity or your bank account, payment cards, or even preferred eWallet when you’re using paysafecard, it’s completely secure. Even buying your paysafecard voucher in the first place is encrypted and secured, so you can have total peace of mind when you’re using this payment method.
- Choose Your Amount: you choose the amount you want to deposit at the point you buy the paysafecard voucher. This allows you to have total control and flexibility over your spending, and avoids tilting if things aren’t going your way.
- No Trail/Anonymity: for some players, anonymity is particularly important. There is absolutely no way of identifying paysafecard transactions from your statements or other account information, enabling complete identity protection when you’re gambling online.
- Widely Accepted: paysafecard is accepted at every UK casino, and virtually all other online casinos worldwide. While it’s not as widely used in other sectors, it remains one of the most commonly used payment methods for funding online casino accounts.
The paysafecard Story
Paysafecard is part of the Paysafe Group, a listed company based in the Isle of Man. It is regulated by the Financial Conduct Authority in the UK, the successor to the FSA, and the body responsible for ensuring all financial companies adhere to UK laws and regulation.
It is part of the same corporate family as payment methods Neteller and Skrill, which were rolled into one group along with paysafecard ahead of their IPO in 2004. So clearly, paysafecard has grown to become a very sizeable business, with oodles of credibility for handling payments.
In December 2015, the company was moved to the main listing on the London Stock Exchange, reflecting their size and stature. Growing from humble roots, paysafecard, and its parent company, have become one of the main players in online and remote payments, with a particularly significant role in the online gambling market.
When choosing a payment method to use for any transaction, it’s always worth satisfying yourself that the company is legitimate, regulated, and has the financial means to be a trusted payment partner.
With revenues topping $613 million in 2015, and all the pedigree that comes from being listed on the London Stock Exchange and being accountable to both shareholders and the FCA, paysafecard checks every box.
paysafecard vs. Other Payment Methods
Deciding whether to use paysafecard yourself means weighing up the pros and cons, relative to other widely used payment methods. When you can with eWallets like PayPal, or by your debit or credit card, what are the advantages of using paysafecard instead to fund your account?
PayPal and other eWallets
When you’re sending money through PayPal, you do so directly through the PayPal interface. If you have funds in your PayPal account, that means they are instantly sent directly to the casino’s PayPal account, and the process is pretty instantaneous. However, in doing so, you exchange personal information with the casino, including your name and address linked to your payment account. In many cases, PayPal will also pull the money direct from your linked bank account or payment card, when you don’t have funds already within your PayPal account. This can leave a footprint that you just don’t get with paysafecard transactions.
PayPal obviously has the advantage of being able to receive payouts, but again, it’s not as widely accepted at online casinos as paysafecard. It depends on what you value most – if security and privacy is important, paysafecard clearly has the edge.
Debit & Credit Cards
Like PayPal and other support eWallets, debit and credit cards can be used to pay, and in the case of most debit cards, to withdraw funds from your casino account. But as soon as you start directly using a payment card online, you are opening up your financial details to potential risk.
In most cases, you will be fine to use your debit or credit card to fund your casino account, and most reputable casinos are setup with secure, encrypted payment gateways that make that possible. However, there is always the risk that your details might go astray, not to mention the certainty that any of your gambling transactions will show up on your statements and in your financial records.
Paysafecard has the added advantage of being instantaneous, whereas some credit and debit card transactions may involve a processing timeframe. So if you want to play instantly, securely and anonymously, paysafecard has major advantages over just using your debit or credit card to fund your account.
Can I Use paysafecard At Any Casino?
Obviously, different casinos support a range of different payment methods. As a rule, all UK casinos accept paysafecard – so if you’re a UK player, you’ll have no problem when it comes to using paysafecard. Beyond that, the majority of online casinos you’ll find will already be setup to receive payments through paysafecard. Online gambling is more widely served by paysafecard than a number of other industries, so in general, you shouldn’t have any problems.
US Players and paysafecard
US players and US-supported casino sites are also open to paysafecard transactions. Not all of them will be setup to accept paysafecard payments, but there are no restrictions in using this payment method for gambling if you’re in the US. Contrast that with some other payment methods, like PayPal, which often causes problems for US players looking to deposit and withdraw their funds.
The only restriction is that vouchers bought from retail outlets in the US can only be used for purchases from participating US-based merchants. So if you are in the US and you’re buying paysafecard vouchers, you need to use them at a casino that is also based in the US.
Best Microgaming Casinos Accepting paysafecard
Microgaming are one of the few casino software developers in the world with a reputation that proceeds them. When you’re looking for quality games, mega jackpots, and a reliable, fair platform, Microgaming is often the first name that springs to mind.
Fortunately, there are a huge number of Microgaming casinos open to receiving deposits via paysafecard, including:
- Royal Panda
- Golden Tiger
- Aztec Riches
and many more.
Best NetEnt Casinos Accepting paysafecard
NetEnt are another major player in the world of casino games development, supplying casinos with games that rely on dazzling graphics, impressive in-game features and engrossing game themes. You’ll find NetEnt games across a wide range of leading online casinos, and a large number are also able to accept payment by paysafecard, including:
- ComeOn Casino
- Casino Luck
- BetVictor Casino
- Mr Smith Casino
- Guts Casino
- Royal Panda
and many more.
Best Mobile Casinos Accepting paysafecard
When it comes to playing on mobile, you can use paysafecard with similar ease and flexibility. As many mobile casinos accept paysafecard as online casinos, including:
- Leo Vegas
- Rizk Casino
- Mr Green
- Royal Panda
- Casino Luck
and many more.
Best Live Casinos Accepting paysafecard
When it comes to getting closer to the action, nothing quite beats playing at live casinos, complete with a real human dealer. Luckily, paysafecard is also available for use at live casinos and in live casino gaming, and there’s not usually any distinction drawn between video casino games and live games in terms of using paysafecard.
- 888 Casino
- William Hill Casino
- Royal Panda
and many more.
How To Use paysafecard To Load Up Your Casino Account
paysafecard vouchers can’t be bought online, so firstly you’re going to need to physically go and buy a paysafecard voucher in the amount you want to deposit. There are a number of participating retail outlets where you can buy these vouchers, and the paysafecard website has a store location function so you can find your closest retailer.
Once you’ve bought your voucher, it’s time to deposit that credit into your gambling account. Head over to your chosen online casino and login to your account. Navigate to the deposit and withdrawal options, and choose to make a deposit via paysafecard.
Then, you’ll be prompted to insert the 16-digit code from your voucher. Once the code has been typed in and accepted, your money should virtually instantly arrive in your gambling account. From there, you’re totally good to go – there are no other steps involved, and you’ve just completed an entirely secure, entirely private transaction.
Are there any casinos that offer bonuses when depositing with paysafecard?
Yes. Most casinos will be happy to extend their welcome bonus offer to players depositing via paysafecard. However, it’s recommended that you do your homework before you buy your paysafecard and deposit.
The size of the deposit bonus on offer, and the specific terms associated with at, are amongst the most important details you can find out pre-purchase.
If you’re being offered a 100% deposit match bonus up to £100, you’re probably not going to want to just buy a £10 voucher. You need to know how much of a bonus is available before you buy your card, so you can decide on the amount according to how much bonus you’ll receive.
Remember – you only get one chance at a first deposit, so you’ve got to make it count if you’re thinking about bonuses.
Are there any fees to deposit or withdraw at online casinos via paysafecard?
The casinos we recommend don’t charge any fees for depositing by paysafecard. Of course, as a rule, you can’t ever withdraw through paysafecard, so you need to choose another method to receive your winnings. In most cases, no fees will be payable, although it’s worth checking on the withdrawal side, depending on the payment method you are using to receive your winnings.
paysafecard charges a small monthly fee on any amounts still held after one year. So if you buy a voucher and don’t use it in a year, you might end up incurring a small fee. However, the vast majority of players will never pay a penny more than the cost of their voucher, so it’s also a cheap way to deposit into your online casino account.
Summing Up: A Secure Way To Fund Your Online Casino Account
paysafecard is a great solution for topping up your online casino account. It’s accepted by virtually all casinos everywhere, and certainly, if you’re in the UK, you’ll have no problems playing through this method. Arguably it’s main strength is that it’s a network conducted in cash – you buy from a shop in cash, they give you a voucher, and you use that voucher to top up your casino account. You don’t even need a bank account or a credit card to play via paysafecard. Your personal details are never exchanged at any time during the process, and your financial details are completely isolated from the transaction – ideal for those looking to guarantee the security and anonymity of their deposit.
Of course, there are some downsides. If you’re in the US, you’re restricted by the number of casinos out there that can accept your US paysafecard voucher credit, so that’s going to narrow down your choice a little. Further, you have to physically go and buy a voucher each time you want to top up via paysafecard – so it’s not necessarily as convenient as just playing with your credit card.
And then there’s the issue with withdrawals, which will need to come in via skrill, Paypal, or directly to your bank account. But for those looking for the level of security and peace of mind, only paysafecard comes close to offering those advantages.