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What is Paysafecard?

Paysafecard is one of the widely used deposit options by gamers in the United Kingdom. Payments are mostly deposits since the voucher card system focuses on moving funds from the Paysafecard vendor to the player’s chosen account. The model primarily applies to gaming with Paysafecard casinos taking centre stage. The player has to go to a Paysafecard shop and purchase a 16-digit code. The code represents funds worth the amount he bought. He then feeds the code into their Paysafecard casino account. Funds into Paysafecard casinos using this method reflect instantly, making it one of the most effective payment options in casino and sports gaming.

The payment method perfectly fits online casinos as it offers a faster and reliable payment option. Players can move funds from the Paysafecard vouchers to the casino account using a code. All online casinos that accept Paysafecard as a payment method only require a code from an accredited sales outlet to complete the transaction. In essence, deposits to Paysafecard casino are just a click away. The most outstanding feature about Paysafecard is that the user doesn’t need a bank account or a debit card system. Funds move from the Paysafecard sales agents through a unique code to the player’s account. Once in the Paysafecard casino account, the player can break it into smaller denominations for use on slots and markets.

Pros vs Cons of Paysafecard Deposits

  • Does not need a bank account or debit card – payment done using vouchers.
  • Reflects immediately – once the code is entered, funds reflect immediately.
  • Easy to use – only needs a voucher for transactions.
  • Vast network – widely used in UK and Europe.
  • Doesn’t accept withdrawals – has no platform to accept withdrawals
  • Limited deposits – cannot accept amounts exceeding €1,000 at a go on select online casinos

The Best Paysafecard Casinos

Although Paysafecard is popular in the UK, some online casinos do not accept it. However, the others have embraced it and use it full time. Each gaming site has its operational guidelines, which vary across Paysafecard casinos. Below are some of the best Paysafecard casino and their features.

5 Things You Should Know About Paysafecard

Voucher System

Paysafecard uses a voucher system to move funds from the sales outlet to the customer’s account. The voucher has a 16-digit code which the customer inputs into their account to transfer the funds. It is delivered using a print-out, and not online.

Currency Conversion Process

Funds move in denominations between £/€10 and 100 or its equivalents in other major world currencies. However, the standard Paysafecard casino exchange rate applies. Online casinos that accept Paysafecard have inbuilt conversion software.

No Bank Account Needed

You do not need a bank account or e-wallet to deposit funds into your gaming account. You buy a voucher from the Paysafecard casino vendor and feed the coupon on the platform.

Payout Option

It doesn’t have provisions for withdrawal since it does have a pay-out option. Instead, the player can link their account to a bank for withdrawing.

Online Payments

The payment option is spread around Europe and the Americas, thanks to its operational roll-out favouring Paysafecard casinos. It also offers online payments that resonate with telecommunication sites, social media and music sites.

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What is a Paysafecard Voucher & Where to Buy One?

Paysafecard’s modus operandi revolves around payment vouchers, a print-out from authorised Paysafecard vendors. It carries a 16-figure code that the customer uses to fill on their Paysafecard casino account. In essence, a Paysafecard voucher is a print-out from a Paysafecard system. It gives an 18-digit code worth the amount the customer bought, which they have to check-out on their Paysafecard account.

There are Paysafecard vendors spread out in the United Kingdom where the players go to buy the voucher. They buy, feed it on their Paysafecard casino account, and you are ready to go. The company then spreads out this process, which is replicated throughout Europe. That explains why a player can buy a Paysafecard voucher anywhere in Europe, in any denomination and use it, irrespective of the location. The best Paysafecard casino has operational jurisdiction in major European cities, which makes deposits faster and easier. To locate Paysafecard vendors within your area, go to Paysafecard’s website and use the locator map.

What sets Paysafecard apart from other payment options is the convenience. You don’t need an account to get the voucher, neither are your names registered anywhere. Comparing it to other payment options, it ensures total privacy with zero paper-trail. It also caters to people who have hard cash or those who do not want their details revealed through the payment system.

Step by Step Process of Making a Paysafecard Deposit

Loading funds into a Paysafecard casino account is different from the debit accounts. Although most online casinos will follow it point by point, others have unique deposit methods. The procedures are listed below:

Go to the Paysafecard website and turn on the sales outlet locator.
Recieve Funds Funds worth the amount will automatically reflect in the account.
Enter Code Go to your online casino and key in the 16-digit code.
Select Currencey If the player wants it in a different currency, the sales attendant will advise him or her appropriately.
Purchase Voucher Walk into the sales outlet and purchase your voucher. The voucher comes in pre-set denominations of between £10 and £100.
Search sales outlet The map will show you the nearest sales outlet to you.
Purchase the 16-digits code voucher It will come in a print-out, showing the exact amount worth the amount you paid.
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Fees & Taxes for Making a Casino Deposit with Paysafecard

Paysafecard does not charge the customer any amount on loading or reloading the account. They only do so on select scenarios which it shares with the user. Also, checking the Paysafecard casino balance does not attract any charge. There are 3 scenarios from which the online payment platform deducts its service charge.

The common service charge is the conversion fee. It mostly affects players who convert from their native currency to GBP. The optimum amount the online payment charges is 2% of the total transacting amount.

There is a £/€3 administrative fee on every account every month. However, this only happens when the account is over 1 year old. Paysafecard deducts the amount from the running balance on the Paysafecard casino account.

There is a varied figure which the Paysafecard system levies on reimbursements. In Germany, for example, the reimbursement is €7.5. The amount is deducted from the balance on the Paysafecard account. However, to get the credit reimbursement, the players must deposit photographic evidence of their personal information.

Is it Possible to Withdraw Your Casino Winnings using Paysafecard?

Paysafecard is a prepaid voucher system that only accepts payment one-way, making withdrawals impossible. When the player buys the voucher from the sales outlet, there is no reverse pr0cess to support withdrawals. However, players can use other methods to withdraw their winnings. The most common way to withdraw funds from Paysafecard casinos is through direct bank transfers. Customers link their accounts to the bank, from which they can withdraw.

5 Tips for Making the Most out of Bitcoin Casino Deposits

  1. Available to cardpless players
    Gamers who do not have a bank account or debit card can deposit through Paysafecard.
  2. Convenient withdrawals with e-wallets
    Paysafecard has relationships with Skrill and Neteller through ownership. They also have a procedural relationship, especially through withdrawals.
  3. Stores selling Paysafecard are everywhere
    Utilise the sales outlet map on the Paysafecard website to locate the nearest outlet for deposits.
  4. The mobile app is useful and convenient
    Paysafecard has an app (android and iOS) that can help you with deposits. It makes the transaction easy and fast.
  5. Utilize Paysafecard bonuses
    Select payment methods give deposit bonuses on transactions made through Paysafecard casino.

Paysafecard Support – Who to Turn To When Having Casino Deposit Issues?

support

There are two types of support when using Paysafecard casinos. If the issue is on staking, then the customer can reach out to the online casino for a remedy. Online casinos have a live chat box, a phone number, or an email. Go to “Contact Us” and write to them.

However, if the problem is on deposits, reach out to Paysafecard customer service. Users can use email ( [email protected] ) or write through the inbuilt messaging system on the contact us page. For fraudulent activities, contact Paysafecard through their messaging system.

History of Paysafecard – How Paysafecard Came to Be

Paysafecard was a creation of two sets of brothers back in the year 2000. The concept created an online payment system that could not rely on a bank account or a debit card. It also conceptualised a payment method where the user wasn’t required to submit their details. It started in Vienna, Austria, but as of 2018, it was in over 40 countries globally.

Any online casino with a strong privacy policy relied on Paysafecard to move funds from sales outlets to a betting account. As liberalisation of the financial sector took shape in the mid and late 2000s, the online payment method exchanged ownership. First, it was the Optimal Payment Group when Skrill bought Paysafecard in 2015. As of 2018, the conglomerate had absorbed UKash and Wallie and renamed the company Paysafe Group.

Alternate Deposit Methods – Paysafecard Alternatives

Paysafecard isn’t the only deposit method in gaming. Each online casino has other payment methods to choose from. Other options available for depositing funds to online casinos include e-wallets, debit cards and mobile payments. Customers on any online casino can now select which payment option based on their preferences.

Debit Cards

Debit cards are the most used online casinos’ payment method, thanks to their security. They also have a vast network all over the world, capturing a significant group of online gamers. Brands such as MasterCard and VISA are the leading debit cards in the market. What separates them from Paysafecard is the withdrawal option, vast financial infrastructure and sound anti-money laundering policies. Every online casino has a debit card as their first payment option, before introducing others. Pooling all the three debit cards together creates a supermajority among online payment options.

PayPal

It is one of the elite e-wallet payment options among online casinos. PayPal’s growth is exponential, with notable instances with online security and anti-money laundering policy. It isn’t as significant as the debit cards, but it commands some financial respect among online casinos. Players can withdraw their winnings from accounts funded through Paysafecard casinos. It is easy to transact with PayPal since all an online casino player needs is an email address. With the liberalisation of financial transactions, PayPal will be a significant e-wallet service provider among online payment methods.

Neteller/Skrill

Either of the two options works using the same approach. Notably, they all belong to the same parent company, alongside Paysafecard. It is an e-wallet payment option where the customer loads funds and transacts between the account and the online casino. Unlike Paysafecard, Skrill/Neteller have a withdrawal option, which completes the full transaction circle. Contemporary gamers prefer these two options since they are easy to use and sign up. However, it locks them out of special bonuses on online casinos. That notwithstanding, they are the future of online payments.

Bitcoin

It is a new entrant into the payment options, thanks to improvement in financial technology. Bitcoin is an independent digital currency that operates devoid of monetary authorities. Whenever a player goes, they can trade. Online casinos have embraced these forms of payment to capture the trend. However, Bitcoin has their wallets linked to the online casino. Just like Paysafecard casino, Bitcoin values the players’ privacy and transacts without a paper trail. The only difference is the money-money-out approach. However, Bitcoin betting is currently a reserve for a select few online casinos.

Frequently Asked Questions About Paysafecard Deposits

Is it possible to top up my pre-purchased Paysafecard?

The Paysafecard system runs on pre-printed vouchers, which become active when the user feeds it into a Paysafecard casino account. However, the voucher must be unused, lest it becomes null. Online casinos that accept Paysafecard have a voucher acceptance system to upload funds into the online casino account.

What is the minimum deposit amount required to deposit via Paysafecard?

Like other online casinos, the least amount a player can deposit in a Paysafecard account is £10. However, with the liberalisation of online gaming, online casinos have started accepting deposits lower than the standard minimum. The unique deposit approach leaves the bettor in a tight place since they have to deposit in pre-set denominations.

What’s the biggest Paysafecard I can buy? What about the smallest?

The best Paysafecard casino transaction currently is £1000 at a time. Comparing it to other payment methods, it is still lower, but with precautionary measures. On the other hand, £10 is the smallest a gamer can buy at once. However, there are different denominations one can purchase based on the available funds.

How long does it take for a Paysafecard deposit to appear in my account?

After feeding the voucher code into the Paysafecard casino account, the balance should reflect in a couple of minutes. If it doesn’t, check with the sales outlet or the Paysafecard account.

In which countries can I use Paysafecard online casino deposits?

Currently, the Paysafecard system serves customers from over 40 counties in Europe, Middle East and the Americas. Notable countries include the UK, US, Germany, UAE and Spain. The company still has ambitions to expand further into other unchartered territories.

How to check if an online casino has a Paysafecard bonus?

Bonuses realised from deposits, or any other exercise are kept in the bonus account. To know if there is a bonus in the Paysafecard casino account, log into the online casino and go to “My Account.” The reading on “Bonus Account” denotes the bonus amount in the account.

Can I use Paysafecard in conjunction with a different payment method?

Yes, especially on withdrawals. Deposits made through the casino accounts do not have provisions for withdrawal. The customer has to link another payment option to facilitate withdrawals. They can use bank transfers, select e-wallets on debit cards.

Is it possible to play live casino games using Paysafecard deposits?

Deposits from Paysafecard casinos can stake on any game on the platform. From live casinos to video slots, bingo and poker games, the Paysafecard deposits apply everywhere. It also applies to other online casino games like jackpots.

Can I deposit via Paysafecard from an iOS device?

Yes. A good number of online casinos have an iOS app that allows deposits from Paysafecard. Likewise, those who do not have an app, but have a customised website to fit on a mobile browser, can still deposit via Paysafecard.

What currencies does Paysafecard support?

It supports several currencies from different regions in the world. However, convert to the pre-set default currency before being used. In this case, it is the GBP, although the commonly used currencies are Euro and USD.

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