paysafecard Accepted Online Casinos
Welcome to the CasinosLists’ page dedicated to Paysafecard, a very popular banking method at online casinos, especially in Europe. If you want fast, secure and anonymous transactions, read all about it below and learn from our experts everything there is to know about Paysafecard casinos.
What is Paysafecard?
For quite some time, Paysafecard has been one of the most popular deposit methods at online casinos, preferred by players in Europe due to its high security and fast transactions.
Paysafecard is, at this moment, a global market leader in online payment methods. The company is part of Paysafe Holdings UK Limited, and was founded in Austria in 2000 and gained huge renown for their reliable, safe and highly responsive services.
Since 2000 the company has expanded to over 40 countries, covering no less than five continents. In all this time the company didn’t remain unchanged. It was first taken over by Skrill in 2013 and later in 2015 the company also acquired Ukash, another popular payment method, resulting in all Ukash vouchers being replaced by Paysafecard.
Also in 2015, the UK Optimal Payments Group absorbed the entire Skrill empire. The interesting fact is that the Optimal Payments Group liked the name so much that they actually rebranded the whole company as Paysafe Group and so it is known to this day.
The Paysafe Holdings Limited Group is regulated by the UK Financial Conduct Authority and has multiple partnerships with other big companies including the world-famous Mastercard. The future looks very bright for this company since in 2020 Paysafe Holdings announced future partnerships and integrations, including Apple Pay and Google Pay.
Many players ask how exactly Paysafecard functions. Well, it is essentially a prepaid online payment method based on 16-digit PIN vouchers. You can go to a local sales outlet and get these vouchers, then you can use them to pay online by introducing the provided 16-digits PIN.
Paysafecard vouchers are available with values anywhere from 10 to 100 Euros. When you make a payment, only the desired amount will be deducted from your account, meaning that you can use the same 16 digit PIN for multiple small payments. For big amounts, you may need to combine multiple Paysafecard PINs.
How to Deposit at Online Casinos using Paysafecard
Using a Paysafecard is a more complex process compared to some other deposit methods. We’ve broken down the entire process in a step-by-step guide for you, to find out exactly how to use a Paysafecard to make a deposit at an online casino.
Firstly, you will need to have a Paysafe account. Here are the steps:
Head to the Paysafecard homepage and click “Sign Up”
Insert your personal information, first and last name, phone number, date of birth and home address. Finally, you will be asked to create a username and a password as well as provide an email address.
You will receive a text message with a validation code that you will need to enter on the website to confirm your account. After this is complete, your Paysafecard account will be ready to use.
Now that you have your Paysafecard account ready and assuming you already acquired a Paysafecard voucher you can move to make a deposit at the online casino. To do that you will need to follow the next steps:
Log in to your player account on the casino’s homepage
Go to the Cashier section and select Paysafecard as a deposit method
Enter the amount of cash you wish to deposit and provide the 16-digit PIN found on your Paysafecard voucher.
The transfer should be almost instantaneous and you should be ready to play in no time
How to Withdraw from Online Casinos using Paysafecard
Up until very recently, Paysafecard was only available as a deposit option and you could not withdraw funds using a Paysafecard account. Luckily for players, things have changed once the Paysafe Holdings Group partnered up with Mastercard.
The process of withdrawal is quite similar to the deposit process with the only exception that you will have to provide your Paysafecard account details. Here is the simplified process step by step:
Log in to your player account on the casino’s homepage
Go to the cashier section and select Paysafecard as the withdrawal method
Enter the amount of cash you wish to withdraw and the email address.
The funds should be available quite fast in your Paysafe account.
PROS and CONS of Paysafecard
Just like any other payment method, Paysafe card has plenty of benefits but also a couple of cons. To make it simpler, we broke them down in the table below:
Bank account or credit card not required
Certain fees may occur for transactions
Personal Information is not shared and transactions are anonymous
Harder to use compared to other transaction methods
Widely popular, available in over 40 countries
Not available in the United States and Turkey
Supports multiple currencies
Usually, maximum withdrawal amounts are smaller for Paysafecard
Transactions are usually instantaneous
As you can see, there are very few cons to this payment method. Unfortunately, players from some countries or territories cannot enjoy the benefits of Paysafecard due to legal regulations.
Also, another con that can stop Paysafecard from being the most popular casino transaction method on the market is the fact that it is a little bit harder to use, requiring more steps in the process compared to other methods.
Safety and Security using Paysafecard
At this moment, Paysafecard is one of the safest transfer options available on the market. Since you don’t have to use any sort of card or financial information when making transactions, it’s impossible for your personal information to become available to third parties.
In addition, Paysafecard is preferred by players from regions or countries where gambling falls under a grey zone or is under the monopoly of the state. Here, any credit/card or bank transfers towards international casinos are banned, therefore players need to find a safe and anonymous way to make deposits and withdrawals.
Paysafecard Taxes and Processing Times
At online casinos there are usually no fees involved, however, the financial operator may impose some taxes.
Firstly, the Paysafecard never expires but there is an administration fee of around €3 per month if you don’t make any sort of transaction for over a year. This tax will only be deducted from your balance in the 13th month without any sort of purchase.
Refunds are possible, however, there will be a €7,5 fee involved as well as an additional 2% of the transaction amount fee for the transaction.
All these fees and others can always be checked on the Paysafecard website. If you are in doubt, you can always check the list to be sure what fees will be applied and when. When it comes to transaction timeframes at online casinos, Paysafecard is one of the fastest options available being almost instantaneous.
The minimum and maximum transactions are usually different from one casino to another, however, as a rule of thumb, the maximum limit for withdrawals is much smaller for Paysafecard transactions compared to other methods.
The Best Paysafecard Online Casinos
With such a wide pool of online casinos on the market, it can be a little daunting for beginners and newcomers to find a good Paysafe casino. Here on our website, you will find a list of Paysafe casinos that also offer a lot of bonuses for new players.
Because we know just how important it is for players to enjoy a great gambling experience, we use a complex selection process when compiling our lists, using both the expertise of our team and also, other real gamblers’ ratings and opinions.
As a rule of thumb, a good Paysafe casino should be licensed and regulated by a reputable independent authority, should have good customer support and a wide catalog of games from renowned software providers.
It’s hard to pinpoint exactly which Paysafe casino in our list is the best as not every single one of these casinos will be everyone’s cup of tea. Each player has different tastes and needs. However, if you want to see which Paysafecard casino has been in the top favorites you can also use the “Top-Rated” option in the filter options.
As newly released online casinos tend to have the best bonuses and promotions and you are looking to claim a good bonus to get things started, you can also sort the list using the “Newest” option which will display the newest released casinos. Most of these gambling websites have been released in the last 12 months.
Paysafe Casino Bonuses
As a new player, you probably want to also claim a welcome bonus when making your first deposit. In our list, you will also see which Paysafe casino offers the best welcome deposit out there.
Even if all these bonuses are available for Paysafe card deposits, it is a good idea to check out the terms and conditions before claiming any bonus to see what wagering requirements are in place.
Paysafecards are widely available, easy to use, support a lot of currencies and are very fast and secure. All these things turned Paysafecards into one of the most popular transaction methods at online casinos in more than 40 countries.
If you are a gambler that prefers secure fast transactions then Paysafe card is definitely for you. There are no banking checks, no credit or debit card details and you don’t have to provide any personal information.
Up until very recently, Paysafecard could only be used as a deposit method but the fruitful partnership between Paysafe Group and Mastercard opened a lot of new possibilities. Besides the fact that you can now use it as a withdrawal method, you can also apply for a physical card to be able to withdraw funds from your Paysafe account at ATMs.
If you sometimes have problems setting limits for your gambling sessions, Paysafecard can help you with that. The vouchers come in fixed cash amounts, making it very easy for you to set a limit on how much you spend in a time period or in a session.