PAYSAFECARD CASINO
In the online casino world, there are absolutely loads of different payment methods. Most require players to input banking details though, and this is something that many people simply don’t feel comfortable doing. There is a solution though, as using Paysafecard means that your banking details never have to be entered online, which leads to the safest online gambling experience possible.
On this page, we’re going to take an in-depth look at Paysafecard casinos, letting you know everything from how to use them, through to whether you’ll be able to claim juicy casino bonuses, such as free spins and welcome bonus offers.
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CASINO | BONUS | RATING | VISIT |
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Who is Paysafecard?
First off, let’s start by looking at who exactly Paysafecard are. Paysafecard has been around for a while, as the company was first started in Austria in 2000. The year later, the product came to Germany, as they looked to grow their user base. Further expansion was made possible thanks to EU funding, and this allowed them to move into Greece, Slovakia, Spain, Slovenia and the United Kingdom in 2005.
In August 2011, Paysafecard purchased Wallie, a Dutch competitor. A couple of years later, they came to the attention of e-wallet giant Skrill, and they were bought. By this time, Paysafecard and Ukash were the clear industry leaders in the prepaid card niche, however Skrill soon eliminated the competition, by purchasing Ukash and then absorbing it into Paysafecard, to leave just one company.
Nowadays, the company is still headquartered in Vienna and is undoubtedly the world’s largest prepaid card payment company, offered in over 40 different countries. It is offered at most reliable online casinos and has become a firm favourite with casino players who value their online privacy. It is also popular with gamers and can be used to make purchases at games like League of Legends, plus it can even be used to make purchases at Facebook and Skype.
Key Info
Company Name | Paysafecard Wertkarten GmbH |
Founded | 2000 |
Head Office | Am Euro Platz 2 1120 Vienna Austria |
Employees | 500+ |
Min Deposit | £5 |
Withdrawal Fee | n/a |
Withdrawal Time | n/a |
Deposit Time | Instant |
How Does Paysafecard Work?
Paysafecard works on a simple premise – you can use cash to pay for your online purchases. This is perfect for those who are security conscious and those who don’t have a bank account. There are thousands of stores throughout the world that sell Paysafecard vouchers. Just buy a card and the electronic money will be loaded onto it. The code can then be used to make online payments at many sites, including Paysafecard casino sites.
There’s not really much more to say about how this payment method works, as it’s so simple. That’s one of the reasons why so many people choose to use it though!
Depositing with Paysafecard at an Online Casino
Paysafecard is actually a pretty simple payment service to use, which is another reason why it has become so popular with fans of online casino games. Firstly, a free MyPaysafecard account should be created. This can be done by heading to the Paysafecard site and clicking the “Registration” button. It only takes a couple of minutes to register and you’ll only have to enter very basic details.
Then you need to head to a store that sells Paysafecard vouchers. It’s possible to find participating stores via the Paysafecard website. Once you’re there, purchase a card using cash or your debit/credit card. You’ll then receive a physical voucher.
Once you’re home, you can find the best online Paysafecard casino. Do this by reading through our many reviews. When thinking about which of the many Paysafecard online casinos to use, consider things like the game selection, bonuses and the site’s safety and security. Found a site? Just sign up and you’ll be ready to make a deposit!
To deposit, head to the banking section and select the Paysafecard option. You’ll then need to choose how much to deposit. After this, you’ll be prompted to choose your country and then enter the Paysafecard PIN. You should then find that the deposit is transferred to your casino account instantly, meaning you can start playing straight away.
When it comes to fees, there are none to worry about, unless you leave money lying dormant for over a year. The minimum you can buy a Paysafecard voucher for is £10, which is usually the minimum deposit offered by a casino as well. There’s no need to worry about the security used by the casino for transactions, as when you use Paysafecard, you’ll never be entering your banking details anywhere when depositing.
Withdrawing from an Online Casino via Paysafecard
It’s, unfortunately, the case that most Paysafecard casinos won’t let you make withdrawals using this method, this is also the same from players depositing using the PayByPhone deposit option. If this is the case, you’ll be asked to choose an alternative withdrawal option, which can include credit/debit card, bank transfer or an e-wallet. This is an issue for some, as they don’t want to enter banking details online, and this will have to be done when using any of the aforementioned withdrawal options.
There are some sites though that offer Paysafecard withdrawals. If this is the case at the casino you’re playing at, you’ll find the option in their list of withdrawal methods. You can then start by clicking the option.
After that, you’ll need to give the site the email address associated with your MyPaysafecard account. After you’ve done this, the withdrawal will be initiated. There are some sites that offer instant Paysafecard withdrawals, while others might take a few days to process the payout request.
Paysafecard charges no fees for withdrawals, however you should double check that your chosen casino doesn’t charge fees of their own. The minimum withdrawal when using Paysafecard is generally £10.
KYC Process when Using Paysafecard
KYC stands for “Know Your Customer” and it ensures that financial institutions know the identity and address of customers. While purchasing a Paysafecard voucher is anonymous, those using it will be required to register and provide some basic details, although banking details and sensitive personal details will not be requested.
KYC details are something that all casino payment operators will require, as will your bank when opening a bank account. Those giving details to Paysafecard can be assured that they’ll never be shared with third parties and will be fully protected using the latest technology.
Paysafecard Casino Bonuses
Finally, we come to the bonuses offered at Paysafecard casinos. Unfortunately, the first thing to say is that some casinos now no longer allow those depositing using Paysafecard to claim bonuses, thanks to the costs of processing Paysafecard deposits. This is not the case at some casinos though, so read through our detailed reviews to find sites that do allow Paysafecard customers to claim bonuses and promotions.
The main bonus offered by most sites is the welcome bonus for new customers. This can be a first deposit bonus, where your deposit gets a boost, or it can even be a no deposit bonus. No deposit bonuses are fantastic, as they are completely risk free, giving you the chance to try the games without spending any of your own cash.
Other bonuses regularly found at casinos accepting Paysafecard include free spins, cashback and reload bonuses. You’ll also find that many of the top casinos accepting Paysafecard will also have a loyalty scheme, plus some also offer a VIP scheme to the highest spending players.
To find the biggest and best bonuses, just look through our casino reviews, all of which go over this topic in detail.
FAQs