Paysafecard Casino Payment Solution

Table of Contents

History
Paysafecard Updates
Pros and Cons
How to Use Paysafecard in Online Casinos
Regions
Payment Methods
Available Currencies
Main Benefits of Paysafecard
Player Experience
Transaction Limits
Customer Support
Security
Licenses
FAQ

History

Since its inception in Austria in 2000, Paysafecard has become a leading prepaid voucher payment system, available in more than 50 countries worldwide under the Paysafe umbrella. Over two decades of operation, the company has rolled out a series of enhancements, including a user-friendly mobile app, state-of-the-art two-factor authentication (2FA), and cutting-edge SSL encryption to ensure transaction security.

Each card comes with a unique 16-digit PIN, the only requirement for making a casino deposit. Players can purchase cards from authorised resellers and online. This minimises the need for sharing sensitive bank or credit card details with online gaming platforms, offering players an additional layer of privacy and security. Paysafecard further enhances user anonymity by allowing cash purchases of its prepaid vouchers. This eliminates the need to provide personal or financial information at the point of sale, making it a go-to option for casino enthusiasts who prioritise privacy. Vouchers come in multiple denominations to suit various budgets. Although there's a default maximum limit for combined PIN transactions, users can lift these restrictions by signing up for a myPaysafe account. This dedicated account offers increased transaction limits and unlocks several additional features and benefits.

Paysafecard Updates

2017 — Paysafecard launches in UAE and Brazil.
2018 — Paysafecard sponsors ESL

2018 — Paysafe launches Paysafecash
2021 — Paysafe goes public on the New York Stock Exchange

Pros and Cons

Pros

Instant deposits
Great anonymity
Better control of spending
Ease of use

Cons

No withdrawal support
Fees

How to Use Paysafecard in Online Casinos

Using Paysafecard to make casino deposits is pretty straightforward. Provided you have already set up a Paysafecard account and bought your prepaid voucher, here are the steps you need to take to deposit the funds into the casino.

Log into an existing casino account or sign up at a Paysafecard-friendly casino.
Navigate to the casino's cashier or banking section.
Pick Paysafecard from the list of payment options.
Enter the necessary details, including the desired deposit amount and the 16-digit PIN from your Paysafecard. Note that you don’t have to deposit the entire voucher amount in one go.
Review and confirm the deposit. Your funds should appear instantly in your casino account.

Regions

Paysafecard is available in 26 currencies at 600,000 sales outlets across 45 countries.

Payment Methods

The payment methods for purchasing Paysafecard vouchers depend on the selected outlet. Payment methods for online purchases of vouchers depend on the location.

Available Currencies

Paysafecard is available in over 40 currencies, including CAD, USD, EUR, and many more.

Main Benefits of Paysafecard

Paysafecard is a prepaid payment method that gives you more control of how you spend your money on gambling and the type of information you share with operators. Let’s check out the main benefits of using it.

Effective Bankroll Management

— Paysafecard comes in fixed denominations, you can control your spending by purchasing cards that fit your budget. This ensures you do not spend more than you intended. The limits for the Paysafecard go from $10 to $1,000 per a single transaction, and the maximum you can hold on the card is $5,000.

Safety and Privacy

— Paysafecard is a preferred payment option for many online casino enthusiasts due to its inherent security and privacy features. As a prepaid card, it allows users to make deposits without revealing their credit card information, making it ideal for those who wish to test a new casino operator without taking on unnecessary risk.

Instant Processing Time

— One of the key advantages is the near-instant processing time. Once you’ve obtained a Paysafecard voucher, you can start playing within minutes. Additionally, Paysafecard transactions do not appear on bank statements, helping users maintain privacy over their gambling activities.

Player Experience

Paysafecard vouchers are available in over 650,000 outlets globally, making the accessible to virtually all jurisdictions where online gambling is allowed. Players can use a store finder to purchase the voucher from the store closest to them. There are plenty of sales point that accept cash payments for Paysafecard vouchers, which gives an additional level of anonymity when acquiring the cards. Each voucher comes with a unique 16-digit code that players need to insert in the payment gateway to initiate the transaction. Additionally, holders of Mypasafe accounts can procure digital vouchers and facilitate the process even further.

Transaction Limits

Deposits	$10
Withdrawals	N/A

Customer Support

Paysafecard offers a comprehensive Help centre with answers to all burning questions. In case you don’t find the answer you are looking for, you can contact customer service via live chat.

Security

Paysafecard operates under stringent security protocols, incorporating a secure 16-digit PIN for transaction authorisation and advanced SSL encryption. The mobile app even offers two-factor authentication for enhanced safety.

Licenses

Paysafe Group, the company that owns Paysafecard, is regulated by top financial authorities, including the UK's Financial Conduct Authority (FCA), ensuring compliance with international financial regulations. Overall, Paysafecard is a secure and licensed payment solution ideal for online casino gaming.

FAQ

How secure is using Paysafecard for online casinos?

Extremely secure. It uses a 16-digit PIN and SSL encryption for transactions.

Is Paysafecard regulated by any financial authorities?

Yes, it's regulated by the UK's Financial Conduct Authority (FCA), among other financial regulators.

Can I purchase Paysafecard vouchers with cash?

Yes, vouchers can be bought with cash for added anonymity. Note that the availability of payment methods depends on the authorised retailer.

Are there any limitations on the deposit amount using Paysafecard?

Yes, there's a default maximum limit, but it can be increased with a myPaysafe account.

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