Pros and Cons of Using PaysafeCard
PaysafeCard Casinos: Pros & Cons
- Excellent level of privacy
- No bank details required
- Easy prepaid budgeting
- Widely accepted at online casinos
- Not available for withdrawals
Making Casino Payments With PaysafeCard: Fast, Private and Simple
Using PaysafeCard at online casinos is one of the most straightforward payment processes available. Because it is a prepaid voucher system and you’ve already bought it at the time of use, you don’t need to give bank account or card details, or go through financial verification steps during the payment process. It’s therefore trivially simple to put it to use:
- Purchase a PaysafeCard voucher from an authorized retailer, or online.
- The voucher contains a 16-digit PIN code.
- Log in to the casino cashier screen and choose “PaysafeCard” as your payment method
- Enter the 16-digit PIN and confirm the transaction.
The funds will then be immediately credited to your casino account, allowing you to start playing immediately.
One reason so many players prefer online casinos with PaysafeCard is that it provides strict spending control. Since you can only use funds that have been loaded onto the voucher in advance, it naturally limits overspending and offers natural break points in your playing time.
Deposits and Withdrawals With PaysafeCard: What You Should Know
PaysafeCard is primarily designed as a casino deposit option, which means that while it is ideal for funding your casino account, it is not generally available for withdrawals.
Deposits
Depositing with PaysafeCard is generally an instant process. At most top PaysafeCard online casinos, the process is something like this:
| Feature | Details |
| Processing time | Instant |
| Typical minimum deposit | £/$/€10-20 (depending on casino) |
| Maximum deposit | Depends on voucher value |
| Fees | None usually charged |
Withdrawals
In most cases, withdrawals cannot be processed back to a PaysafeCard. This is because you use a one-time PIN for deposits so, in effect, there is nothing to withdraw to. While you may have a PaysafeCard account, it is more or less unheard of for online casinos to offer these as a withdrawal method and they will ask you instead to select another payment option which may include:
- Bank transfer
- E-wallets
- Card payments
This is important, because if you win at an online casino and want to make a withdrawal, you will need to think of an alternative method which may be a credit card casino or a similar option.
PaysafeCard Verification Requirements at Online Casinos
One of the most valued advantages of using PaysafeCard online casinos over Mastercard casinos is that the payment itself does not require any kind of banking verification. Since you’ve already paid for the voucher, there is no financial information to validate during the deposit: you’re simply moving the funds from the voucher to the casino account.
However, when the time comes to request a withdrawal, you will need to provide identity verification as this is not being done via PaysafeCard. In order to verify a withdrawal, you will need to show at least one form of ID. This may include:
- Government-issued ID (passport or driver’s licence, for example
- Proof of address (such as a utility bill or bank statement)
- Confirmation of the payment method if required (this may be a scan or photo of the card with certain details blanked out).
This is part of a KYC (Know Your Customer) process and is used to protect both the casino and its users against fraud and money laundering. The verification process is also only likely to be needed once, and will permit withdrawals of winnings in the future.
The History of PaysafeCard: From Voucher System to Global Payment Method
PaysafeCard first saw the light of day in 2000, when it was launched in Austria as a convenient prepaid voucher for online purchases. The idea was simply to give users a way to make online payments without needing a credit card or bank account. As odd as it might seem just a quarter of a century later, buying things online was still a somewhat niche process back at the turn of the century and many people did not trust the process of giving their card details to online retailers.
The system rapidly gained popularity across Europe, being particularly well-received by people who prioritized privacy when paying online. Over the years this popularity went global and PaysafeCard became a widely recognized payment method across online-first industries such as:
- Gaming
- Digital entertainment such as streaming services
- E-commerce
- Online casinos
Today the brand operates under the Paysafe Group, which has come to manage several other digital payment platforms which are in turn used by millions worldwide. Because of its secure PIN-based system, PaysafeCard is seen as a trusted alternative to the likes of Paypal casinos by players who would rather not make direct payments online.
PaysafeCard Compared to Other Casino Payment Providers
When choosing between the best online casinos that accept PaysafeCard and other banking methods, it is important to consider factors such as speed, privacy, and flexibility. How, then, does PaysafeCard fare when up against some other common casino payment methods?
| Payment Method | Deposit Speed | Withdrawals | Privacy Level |
| PaysafeCard | Instant | Not available | Very high |
| Credit/debit cards | Instant | Available | Medium |
| PayPal | Instant | Fast | High |
| Bank transfer | Slow | Slow | Medium |
Compared to cards and bank transfers, PaysafeCard undoubtedly offers superior privacy and spending control, but it does lack that withdrawal functionality that many e-wallets or Visa casinos can provide. It is for this reason that many experienced players combine PaysafeCard deposits with alternative withdrawal methods for greater flexibility; in addition, it is easier to trust an online withdrawal than a deposit, as the former does not require you to authorize an outgoing payment.
Three Fast Facts About Using PaysafeCard at Online Casinos
If you are seeking to explore the best online casinos with PaysafeCard, there are some important facts that it pays to keep in mind. Some of the most vital points are as follows:
PaysafeCard is a prepaid payment method
Unlike other banking options, PaysafeCard works via a prepayment system. You buy the card in advance and the credit is loaded onto it at purchase. When inputting the PIN code, you can only spend the amount loaded onto the card. This prevents excessive deposits and allows you to control outgoings.
It is one of the most private payment options
If you don’t want to authorize payments from your private banking accounts online for any reason, PaysafeCard is ideal. You don’t need to provide banking details and permission for a vendor to take money from your account. If you want to control your financial information, including when and how it is used, then PaysafeCard is the best option for this.
It helps control your gambling budget
Using prepaid vouchers lessens the possibility of impulsive banking decisions, as you cannot exceed the value of the voucher. You can budget your money more tightly if you only buy vouchers on an occasional basis and don’t use another payment method when your balance runs out.
Where to Use PaysafeCard: Four Online Casinos
With the caveat that different providers allow for different payment methods depending on where you are in the world, there are a number of places where you can use PaysafeCard to fund your account. The following are four options for PaysafeCard users:
Stake.com: Huge Game Library With Provably Fair Games
Stake.com exceeds its online reputation as a crypto casino, allowing users to choose from a range of payment methods and use fiat currency. There are literally thousands of games to play here and the choice of games includes old favorites, Stake Originals, and a plethora of themed table games. Unquestionably one of the biggest names in the online casino pantheon, Stake casino is an option that more than merits its place on this list.
Betano - Heavy Hitter With More Than 3k Slots
- Choice of five new customer offers.
- Busy casino lobby and online bookmaker.
- Reliable support 24/7.
- Dedicated mobile app.
- Limited number of payment methods.
Betano claims to have more than 3,100 slots titles in its library, and rather than spend the time it would take to count them all I will take their word for it; at the very least, it’s a packed game selection by anyone’s standards. With a wealth of payment options available and titles that include Big Bass Splash and Furball Fever, it’s not hard to see why Betano casino has picked up a huge worldwide audience. Customer support is excellent and a very smooth transaction experience puts this option among the very best out there.
Jackpot City - Popular with Gamers and Plenty of Games
- Available in many different countries.
- Legitimately licensed and regulated.
- An excellent variety of games to play.
- No tiered rewards program currently.
One thing you’ll notice if you google Jackpot City casino is the breadth of positive customer reviews. This is a casino that inspires an almost bulletproof loyalty from those who play there, and its commitment to working with the best game developers is a persuasive explanation as to why. Another notch in the W column comes with their library of 4,500 games. Add to this a polished interface and wide slate of payment methods and you’ve got an online casino that stands with the top names.
888 Casino - Well Deserved Reputation
- Reputable global gambling brand.
- Generous welcome offers.
- Available in multiple regions.
- User-friendly site design.
- Withdrawals could be faster.
There is a lot to be said for brand recognition when it comes to picking a trusted PaysafeCard casino, and 888 casino is one of the most recognized names in the online casino game. Its reputation allows it to work seamlessly with the best game developers and provide a superb live casino experience into the bargain. Little touches like branded NHL blackjack make it the kind of casino that online players gravitate towards, and the strong customer support certainly doesn’t hurt either.
Why PaysafeCard is a Smart Choice for Online Casino Players
PaysafeCard is undeniably one of the safest and most convenient choices for online casino payments, and offers excellent privacy and spending control. While withdrawals necessitate a different payment method, that’s a small consideration considering the benefits it has as a deposit method. If you’re on the lookout for an online casino payment option, then there is a lot to like about PaysafeCard - and it’s widely accepted, too. If you want to check out PaysafeCard casinos, feel free to click the banners on this page to find out more.
PaysafeCard Casinos FAQ
What are PaysafeCard casinos?
Simply put, PaysafeCard casinos are online gaming sites that accept PaysafeCard vouchers as a deposit method. Players input a 16-digit PIN from the voucher to fund their casino account without sharing their banking information.
Are PaysafeCard deposits instant at online casinos?
Yes: there is no delay on PaysafeCard deposits because they are prepaid. There is no bank to contact, just a 16-digit PIN which relates to a pre-paid amount that lands instantly in your casino account, meaning you can play instantly once the payment is confirmed.
Can I withdraw winnings to PaysafeCard?
No, you cannot withdraw to a PaysafeCard because there is nothing to withdraw to - your PIN represents a single transaction and becomes invalid once used, so you will need a secondary method to withdraw to.
