Paysafecard Casinos

Details About the Paysafecard Payment System

My-Paysafecard is essentially an e-wallet. Anyone above the age of 18 can register for a my-Paysafecard for free and be able to withdraw their winnings from online casinos.

You can choose to either make deposits with a Paysafecard once off voucher or using a my-Paysafecard account. You can continuously use your my-Paysafecard to make deposits. Your winnings can also be withdrawn to your my-Paysafecard. You can use the balance of your account to make another payment online or withdraw the funds at an ATM using Paysafecard Mastercard.

For the first seven months, Paysafecard services are free. After that, a £3 monthly maintenance fee is deducted from the remaining balance. There is also a monthly fee of £5 if your my-Paysafecard has been inactive for a year.

Paysafecard charges a £6 redemption fee for every refund processed. The same amount of £6 is charged when you want to take your money off the Paysafecard without spending it online.

Paysafecard also charges a conversion fee for transactions that involve different currencies. The currency converter instantly shows you the current exchange rate. To convert, enter the desired amount and select the currencies.

The payout service allows online casinos to send money back to players via Paysafecard. This enables them to withdraw their winnings from the online casino. Players can request a withdrawal to their my-Paysafecard account using their registered email address.

Once the operator completes the withdrawal on their side, the credited funds reflect instantly in the account balance of player’s my-Paysafecard. Similarly, its deposits occur instantaneously. Once your payment is processed at the physical store or online, your deposit will reflect in your online casino balance.

Paysafecard is perhaps one of the most secure ways of betting online. You can buy a prepaid card using cash or use only the pin code to make payments, meaning the source of the money is utterly absent from the transaction with the casino. This gives you complete anonymity and ensures protection from fraud.

Paysafecard offers an application that allows you to locate stores that sell Paysafecard prepaid vouchers using your phone’s GPS, and you can top-up your PINs, check your balance and learn about promotions.

For added convenience, the app supports wearable technology, like Google Wear and Apple Watch. If you have a registered my-Paysafecard account, the app will provide you with the same functions as those that can be found on the my-Paysafecard site.