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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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 NamePaysafecard Wertkarten GmbH
Head OfficeAm Euro Platz 2 1120 Vienna Austria
Min Deposit£5
Withdrawal Feen/a
Withdrawal Timen/a
Deposit TimeInstant


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.


Most people will never pay any fees when using Paysafecard. There’s no charge for buying a voucher, nor is there a charge for redeeming that voucher. It is also free to withdraw from casinos, where offered. The only fees to watch for are the small fee charged if your voucher isn’t used within a year and the money conversion fee when converting into a different currency.
In truth, there aren’t really any viable alternatives to Paysafecard, as it is by far the biggest name in their niche. Ukash used to be their big competitor, however Skrill – Paysafecard’s owner – bought Ukash and combined the two companies into one. E-wallets are the next best option for the security conscious, however you’ll still need to enter some banking details online.
Paysafecard is regarded by many as being the safest of all casino payment methods. This is because there’s no need to enter any banking details anywhere online, therefore meaning that there’s no chance of them falling into the wrong hands. Card details don’t even need to be shared with the store selling the vouchers, as they can be bought using cash.
Paysafecard is now offered in over 40 different countries around the world and the service is offered in the vast majority of Europe, Australasia and North America. Some of the countries with Paysafecard include the United Kingdom, Canada, Australia, New Zealand, France, Spain, Germany and the United States.
There are loads of casinos offering the chance to pay using Paysafecard and finding the best one for you is simple. Just look through the list of our top Paysafecard casinos and then read through the reviews of the sites that interest you. After that, you can then sign up with one or more of the casinos and test them out. You’ll quickly find the perfect place for you to play.


Craig Healy

Craig Healy is the Editor-in-Chief at Paybyphonebillcasino. He has over a decade of experience in writing and editing, with a focus on creating content that is both informative and engaging.

He is a keen researcher and devotes his time to covering everything payments. In addition to his work at Paybyphonebillcasino, He also contributes articles for other publications such as Business Insider UK and Forbes Middle East, where he shares insights about the latest developments in the payments industry around the world.