Paysafecard is somewhat the odd one out of the payment options at an online casino. The payment process is slightly different:
The first step is to purchase a card with a code in a physical store. This code consists of 16 digits. The locations where such code cards can be purchased can be found on the Paysafecard website, as well as in their app. A card with a code can be purchased for an amount between 10 and 100 euros. The amount you pay for the card is the final amount, there are no further costs involved.
After you have bought the code card, surf to the site of an online casino where you already have or want to create a personal account. With the cashier options, choose Paysafecard in the deposit options and enter the card code and the corresponding amount. In terms of amount, you are not obliged to use up the full amount on the card in one go. You can ‘keep it aside’ for a later turn.
Once this process has been completed, you can start playing.
Popular payment option in online casinos
Although having to leave the house to buy a prepaid card may seem like a drawback, Paysafecard is one of the most popular payment options in online casinos. The high degree of anonymity probably has something to do with it.
No ID needs to be shown at all. Moreover, it is an extremely simple process, in a few clicks you are ready to play. A third asset is the security that Paysafecard offers, as bank information or credit card details are never shared.
The purchased code is all that is needed. A maximum amount of 100 euros has also been set, which imposes a limitation on the maximum amount that can be spent. And finally, there are the handy apps with which players can consult and keep track of their playing balance as well as codes and make mobile payments via the corresponding QR codes.
With a paysafecard code you can also play with another currency. In fact, the code can be used in more than fifty countries worldwide. But keep in mind that a 2% fee will be charged for this.
Skrill, the well-known payment provider, was able to realize the acquisition of Paysafecard in 2013. The big advantage of this acquisition is that the code card can now also serve to supplement the e-wallets of both Skrill and Neteller.
Paysafecard has already won a number of prestigious awards, which only adds to their credibility as a payment system. Since their inception in 2000, it won Best Prepaid Company outside the USA in 2009 and in 2016 Paysafecard received a well-deserved award for Best Online or Mobile Commerce Solution.
Paysafecard is one of the most popular deposit options and is used very often at online casinos. Unfortunately, it is not possible to withdraw money with this payment system, which is a very big disadvantage. The profit obtained must be paid out in another way, for example into a bank account.
What are the advantages of paying via Paysafecard?
- Payment can be made completely anonymously. It is not required to prove your identity when purchasing a Paysafecard in the store.
- Paying via the Paysafecard is safe.
- It is an extremely simple system
What are the disadvantages of paying via Paysafecard?
- It is not possible to withdraw money, only deposit is possible.
- The contribution is limited to a maximum of 100 euros per Paysafecard code.
- You have to leave the house to buy the code card in a physical store.