Paysera Casino Payment Solution

Table of Contents

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

History

Paysera was launched in 2004 in Lithuania with the goal of developing a new payment processing system called Mokejimai (www.mokejimai.lt.). The company changed its name in 2008 to EVP International, under which it received a payment institution license in 2011 and an electronic money institution license in 2012, both issued by the Bank of Lithuania.

After rolling out its mobile app in 2014, the company changed its name to Paysera and began working on new features and services, including a Visa payment card, an event ticketing system, issuing IBAN accounts for clients, and a payment initiation service (PIS).

In 2017, Paysera introduced a contactless (NFC) Visa payment card and obtained its PCI DSS certificate. Moreover, in 2019, their license was updated with the right to provide an account information service (AIS).

Paysera Updates

2021 — Paysera expands to Albania and Spain, securing electronic money licenses.
2022 — Paysera introduces a new logo and design.
2022 — Paysera launches a Cash Pickup service in Ukraine.

2022 — Paysera granted a license to become a bank in Georgia.
2024 — Customers can top up their accounts using Maestro and Mastercard.
2024 — Paysera starts accepting payments via Apple Pay.

Pros and Cons

Pros

Fast international wire transfers
Good rates for currency exchange
Contactless payment card for users
Mobile app

Cons

System fee

How to Use Paysera in Online Casinos

Users must take several steps to make an online casino payment via Paysera.

Create a Paysera account — Visit the Paysera website and sign up for a new account by providing the required personal information.
Verify account — Complete the verification process by submitting the necessary documents as requested by Paysera. This step ensures the security and legitimacy of your account.
Fund Paysera account — Add funds to your Paysera wallet using various payment methods like bank transfer, credit/debit cards, or other available options.
Select Paysera as your deposit method — When making a deposit, choose Paysera as your payment option from the online casino’s available methods.
Enter the required details — Enter the amount you wish to deposit, along with your Paysera account details, such as your email address or phone number linked to your Paysera account.
Confirm the transaction — Review the transaction details and confirm the payment. Paysera will process the transaction securely and swiftly, ensuring your funds are transferred to or from your online casino account.

The process is similar for withdrawals since you must also insert Paysera account details to initiate the transaction.

Regions

Paysera is available in more than 200 countries worldwide. The services you can access vary from country to country.

Payment Methods

You can top up Paysera using bank transfers and cash-in via specified partner places.

Available Currencies

Paysera supports payments in over 30 global currencies, including USD, GBP, SEK, DKK, and many more.

Main Benefits of Paysera

Paysera is an online banking system that leverages all the known advantages of traditional banking now equipped for the digital world. Here are some of its main advantages.
All euro transfers (SEPA INSTANT) are processed instantly, while international transfers are settled within 30 minutes.

Low Fees

— All private clients don’t have to pay any fees for their transactions, while businesses, that is casinos, the transaction fee is just 0,29 EUR per transaction in the SEPA Instant area.

Currency Exchange and Conversion

— Paysera offers currency conversion for more than 30 currencies at favourable rates, allowing players and operators cater to a wide audience.

Payment Cards

— Paysera has teamed up with Visa to launch contactless payment cards players can use to withdraw winnings to, just like any Visa card out there.

Player Experience

As a PCI DSS certificate holder, Paysera is safe, secure, and reliable, and there have been no major issues raised by casino players. They can use the method for both deposits and withdrawals, and besides the fees for transfers outside the SEPA payment system, there are no major issues or obstacles reported.

Users can set up SEPA and IBAN accounts online and enjoy a full digital banking experience. Still, it’s worth noting that the prepaid card is only available to EEA residents and that players can only transfer funds between their Paysera and other bank accounts, which rather limits the options.

Transaction Limits

The maximum daily transaction limit for Paysera is EUR 10,000, but it depends on the country. International transfers can reach up to EUR 100,000. Maximum daily withdrawals are set at EUR 2,000.

Customer Support

There is a detailed knowledge base at Paysera, where you can find tons of helpful information. If you need extra help, English customer support is available to Paysera clients round the clock by phone at +44 20 80996963.

Security

Paysera uses the latest encryption technology to protect user accounts and personal information. Also, the company performs regular scanning and audits, as well as non-stop monitoring to ensure absolute safety. Additional security measures include 3D Secure (Verified by Visa) technology and firewalls.

Licenses

Paysera is licensed by the Bank of Lithuania and is a proud holder of the PCI DSS (Payment Card Industry Data Security Standard).

FAQ

Can online casinos accept payments through Paysera?

Yes, many online casinos support Paysera as a convenient and secure payment option, easily integrated via SoftGamings.

Are there any fees associated with using Paysera for online casino transactions?

Paysera charges transaction fees, but they are typically low and vary depending on the specific transaction and the number of processed requests. The fees range from 0,50% to 1.20%.

How long does it take for a Paysera transaction in an online casino to be processed?

Paysera transactions in online casinos are usually processed instantly, ensuring quick and seamless payment experiences.

Can I withdraw my online casino winnings through Paysera?

Paysera allows you to withdraw your casino winnings conveniently and securely to your Paysera account.

You can purchase this product from SoftGamings by contacting our consultants.

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