The clue is in the name with this one. Launched back in 2000, Paysafecard has come a long way and is now considered one of the industry leaders in the world of e-commerce. The popular payment method is now available across 5 continents and considered one of the safest options out there. For online casinos, where safety and security are often deemed a bit of a grey area, this is great news. We are about to delve into everything there is to know about what makes Paysafecard so popular amongst casino game players. From how to make real money deposits, to pros and cons and even fees, we'll take you through it all. First things first though, we give you our top list of Paysafecard casino sites.
With Paysafecard being so widespread, it is no surprise that a lot of casino sites have included it in their portfolio. Moreover, with so many sites out there, things can get a little confusing. Above are some of the most reliable places to make real money deposits using the prepaid voucher option. Unlike popular e-wallets such as Neteller and Skrill, you'll even be able to snap up a good welcome bonus when you make a deposit with this payment method. Betfair, for instance, has a great free spins offer for UK players who start up an account with them and make a deposit. This is a particularly good offer as there are no wagering requirements. The downside to this bonus is that deposits cannot be made using e-wallets and this includes the UK favourite PayPal. Luckily they can claim sign-up bonuses using Paysafecard.
As mentioned previously, the payment method is just as renowned across the rest of the world. In fact, it is even accepted and available to purchase in Australia. With gambling laws being so rigid though, reliable casino sites don't tend to accept players from this region. Their neighbours New Zealand, however, can wager real money at online casinos and Jackpot City Casino is one of the better Paysafecard Casino sites out there. Jackpot City is also popular with players from Canada and they have a generous welcome bonus to entice new players. As the name implies they are also renowned for their progressive jackpot slot games.
Now that you know where you want to be heading to, let's take you through the basics. Paysafecard is a prepaid payment system and is sold in the form of a 16 digit pin at over 650,000 sales outlets worldwide. The pin comes in the following amounts: €10, €25, €50, €100 and can then be used to pay online and more importantly, make deposits at casino sites. Initially, the payment system worked in a similar way to a voucher but nowadays they have expanded into different products and services.
Initially, the 16-digit voucher code system was causing some inconveniences. Luckily this was resolved with the introduction of My Paysafecard, an all-inclusive payment centre for Paysafecard users. Casino players are now able to fund their account balance whenever they want, as long as they have a valid 16 digit PIN. The codes are rather complex, it’s impossible to crack them due to Paysafe’s security system. Online gamblers no longer need to spend time entering endless codes as this system puts the combined amount at their disposal. This is particularly good news for players on the hunt for high roller bonuses such as 888 Casino's one.
Another product that has come about over the years in efforts to improve flexibility is the Paysafecard MasterCard. As the name implies, it is similar to a prepaid credit card and can be used anywhere where a MasterCard is accepted. It can also be used at ATMs and is easy to top-up. Casino players can even use it to link to e-wallet accounts such as via PayPal exchange. Although most casino sites such as Casumo will accept both versions too, we would suggest sticking to the straight out option. In places where the latter is not accepted, this is still good to have since it something that you can always turn to.
As we have seen above, the theory behind the payment method is pretty simple. Making a deposit at an online casino doesn't get much harder either. Probably the most time-consuming part is heading down to your nearest point of sales to purchase the actual Paysafecard pin. You can also create an account with the brand as we have seen above but this is not necessary as long as you have a pin in hand. This is all you'll need to make a deposit and bet365 could be a good place to start. In case you still have any issues though, we have come up with a list of steps below to help.
So far, we have had a lot of good things to say about the payment option. But is this too sweet a deal? We are about to find out as we take a look at all of the Paysafecard fees. First things first, most of the top online casinos such as Energy Casino, won't charge any money from their end. In fact, paying with this option is essentially free. There are however a few charges from the companies end and we have listed them all below:
*deducted from balance from the 13th month
Although the above shows that the players can incur some costs, these are minimal. This is even more apparent when compared to other methods such as credit card and e-wallets. The aforementioned Paysafecard MasterCard comes with heftier costs. In a way, Paysafe discourages its customers from using it. A proportional charge of 3% is applied on ATM withdrawals, 2% for foreign exchange, and 4% for funding the card and there’s a flat annual fee of €10/£9.
Low fees and one of the securest methods out there. If you still aren't convinced, we have listed the main reasons players should opt for Paysafecard below.
Here at Casinocountdown, we are all about telling the truth and giving unbiased reviews. Moreover, nothing is ever flawless and in fact, there are some limiting factors to Paysafecard. We provide an easy-to-follow list below.
As we have already mentioned, the payment system isn't available in all countries. Moreover, you might not want to head to a retailer in order to transfer money to your casino account. Perhaps the site you have a casino account with doesn't accept this? Luckily there are alternatives out there but with so many to choose from, it can all get a bit overwhelming.
Visa cards are the most simple payment option and also the most commonly found however they bear the highest risks. This is because they are directly linked to bank accounts. If you are looking to stick to prepaid cards, then MasterCards are a good option and most casino sites accept them. Neosurf is another prepaid card and is particularly popular in Australia. E-wallets often come with faster transaction times and there are some extremely reliable ones out there. Entropay and EcoPayz are just a few examples; you can even set up a PayPal account. If you are looking to retain anonymity then Bitcoin could be for you. Examples include Etherium and Litecoin. Bank transfers are of course the safest banking option but they also come with a longer wait time to receive cash. There are even some country-specific ones such as Canadian favourite iDebit. Below we give our top 3 Paysafecard Alternatives.
*Note: credit card transactions are no longer accepted at online casinos in the UK
The above are a few of the best alternatives to Paysafecard vouchers on the market. The truth is that the choice is extremely subjective and will depend on the player's needs. Bitcoin, for instance, is popular amongst high rollers and in fact, some casinos like Cloudbet, won't accept other methods. PayPal, on the other hand, is extremely safe and user-friendly and popular in Great Britain.