What’s more, the large number of online casinos accepting it also makes the method attractive to players. Once you possess a Paysafecard code, rest assured you’ll find a remarkable casino to entertain yourself.
Continue reading this guide to learn more about Paysafecard and how to use it.
What is Paysafecard?
As you may already know, Paysafecard is a prepaid voucher/card that can be used to make payments online and offline. You can purchase the card online or at retail centers offline. Once you make payments, you get a 16-digit code which must be submitted at the casino or other online stores you wish to pay at.
Paysafe does not charge you when you buy the vouchers, so the amount you pay is what you get. For example, if you purchase a Paysafecard worth $100, you can deposit the whole $100 at a casino. Like other prepaid methods, you cannot re-use the Paysafecard once you’ve finished the funds on it.
Brief History of Paysafecard
The journey of Paysafecard started in 2000, when it was launched in the city of Vienna, Austria. It was created by four friends who had the vision to create “cash for the internet”. The company grew steadily within one year and expanded its operation into Germany in 2001.
In 2002, Paysafecard began to make e-vouchers in addition to its physical card. Nevertheless, the voucher was not available for sale online until 2004. In 2006, Paysafecard began operations in Spain, Greece, Great Britain, Slovenia, and Slovakia. This led to an increase in its user base and it completed more than 10 million transactions in 2007 alone, for the first time.
The payment company began to spread into many other nations, acquiring licenses to operate. Some of its licenses include the British Financial Conduct Authority (FCA) e-money license and the Switzerland FINMA license. It also acquired a license to issue Mastercard products.
In 2013, the payment processor launched an online account. This enabled users to access and manage paysafecard codes in a personal account. Before the end of 2013, Paysafecard was sold to Skrill. It launched its online payments in several countries in the same year and also expanded to newer locations.
Fast forward to 2015, Optimal Payments acquired Skrill and Paysafecard alongside. Optimal Payments would later rebrand as Paysafe that safe year.
Key facts about Paysafecard:
- Established: 2000
- Founders: Michael Muller, Armin Sageder, Reinhard Eilmsteiner, and Michael Altrichter
- Parent Company: Paysafe Group
- Headquarters: London, United Kingdom
- Supported Currencies: 26+
- Supported Countries: 45+
Benefits of Using Paysafecard for Payments at Gambling Sites
Paysafecard would not be so popular at online betting sites if it weren’t a good payment processor. These are some of its benefits:
- Excellent security: The Paysafecard service is owned and operated by a reputable global financial company, Paysafe Group. This company uses the necessary security tools to ensure that your funds and details are safe at all times. It is also licensed and overseen by many financial regulators in different nations.
- High-level privacy: With Paysafecard, you can make payments without submitting any personal details on the casino website. It’s a good way to maintain your privacy and prevent unnecessary loss of sensitive data.
- Wide range of games: Paysafecard is used at top global online casinos, so there’s no restriction when it comes to the number of games available. These casinos partner with the best software developers and feature thousands of high-quality games.
- Accepted at many casino sites: It’s not difficult to find a casino that accepts Paysafecard as there are so many available. This makes it a perfect choice for those who love to play at numerous online casinos.
- Free transactions: Top casinos with Paysafe do not charge extra fees for making any transactions. You also do not have to pay any fee when you purchase the vouchers.
- 26+ currencies: Paysafecard is available in various currencies, including EUR, USD, GBP, NOK, and SEK.
Downsides of Using Paysafecard
Sadly, Paysafecard also has a few drawbacks that might make it unsuitable for some players. These are the downsides you should know:
- Onetime usage: Once you finish up the money in the voucher, it cannot be reused. You can’t withdraw into the voucher and will need to purchase another one for new transactions.
- Limited availability: The payment method is available in just about 45 countries and 26 currencies. This means players in many locations cannot use it.
- No withdrawals: You can’t withdraw into the voucher you have deposited with. The code becomes useless after the money is used up.
How to Use Paysafe at Casino Sites
Making payments with Paysafecard starts with purchasing the voucher. This can be done online within a few seconds on the Paysafecard website or mobile app.
How to Purchase a Paysafecard Voucher
Here’s how to get your Paysafecard code:
- Visit the Paysafecard website or download the mobile app
- Create your account on the site or log in if you already have one
- Verify your email address and phone number as required
- Choose a preferred payment method in your Paysafe account
- Make your payment to purchase the code
Depositing with Paysafecard
Once you have your code, here’s how to load your funds into a casino account
- Find a suitable Paysafecard casino on our list
- Sign up or log in if you already have an account
- Go to the cashier and select Paysafecard from the list of payment methods
- Enter the code and the amount you wish to deposit
- Complete the deposit and start playing games
Withdrawing with Paysafecard
Generally, most casinos do not allow withdrawals with Paysafecard. However, it is possible to find a few casinos that process payouts with Paysafecard. The withdrawals cannot be made into the voucher or code itself but can be sent to your Paysafecard account.
Games Available at the Best Paysafe Casinos
Paysafecard is accepted at many of the biggest casinos in the world, so you can imagine how large their game collections are. It doesn’t matter what kind of games you like or what your budget is, you’ll certainly find suitable options at Paysafe casinos. Below are the major categories of games to expect:
- Online slots: Paysafe iGaming sites are loaded with thousands of slots, such as classic 3-reels, 3D video slots, megaways, progressive jackpots, and many more. These slots are usually powered by the best game developers, so you can expect quality spinning sessions.
- Table games: Casinos that accept Paysafe deposits also do well with their collection of table games. They offer them in different kinds – card games, wheel games, and cards. You’ll find multiple variants of classic games like blackjack, poker, roulette, and baccarat.
- Live casinos: To add even more fun to your gambling sessions, casinos with Paysafecard feature hundreds of live casinos. These include live dealer versions of various table games, as well as innovative gameshows.
- Instant wins: Games like scratchcards, keno, and bingo are not left out. While they may not be available in their hundreds, you find enough title Paysafecard gambling sites.
- Provably fair: The provably fair collection of games is another category you should look out for, especially at Bitcoin Paysafecard casinos. They offer them in large numbers and different kinds. The most popular provably fair games you’ll find are crash games, Mines, Plinko, and slots.
- Lotteries: If you love participating in lottery draws, you’ll find them at Paysafecard iGaming sites. They offer traditional lotteries where you purchase tickets and wait for the draws. Some also feature video lottery games where the draws take place instantly and you don’t have to wait.
Bonuses and Promotions Offered at Paysafe Online Casinos
Perhaps you’re a bonus hunter wondering if Paysafecard does not limit your opportunities to claim offers. Bother no more! Paysafecard is one of the best payment options to claim casino bonuses. In fact, most Paysafecard casinos offer generous no-deposit bonuses, free spins, welcome match rewards, reload deals, cashback, referral packages, and many others.
Furthermore, Paysafecard casinos offer solid VIP/loyalty programs. Many times, you get loyalty points every time you make real money wagers on the platforms. These loyalty points can later be converted into free spins and cash bonuses. The VIP programs may also feature different tiers and levels, which are based on how much and how often each user plays at the casino.
When it comes to slot races and tournaments, there are many of them at Paysafe casinos. These contests give you cash prizes, free spins, loyalty points, and many other gifts.
How to Find a Suitable Betting Site that Accepts Paysafecard
While it’s great that numerous online casinos accept Paysafecard, the downside is some less reputable ones also do. Hence, you must carefully choose a casino if you want to enjoy your experience.
To know what Paysafe gambling site is good, you have to review some aspects of the platform. The first thing to consider is the license and security status of the site. Ensure that the website holds a gambling license from a reputable authority and a valid SSL certificate.
After that, you should consider the game collection, bonuses and promotions, customer service, availability of other payment methods, and mobile compatibility. Fortunately, most of the Paysafecard casinos we feature here excel in all these areas, so it’s easy for you to find one.
Mobile Gaming at Paysafecard Casinos
Whether you use an Android or iOS mobile device, you won’t find it difficult to play at Paysafecard casinos. The platforms are designed to work on all kinds of smartphones, regardless of their screen sizes and operating systems. The only requirements are a good mobile browser and a stable internet connection.
Furthermore, the games hosted at paysafe gambling sites are also designed to work well on mobile devices. They’re built with HTML5/Java technology, so you can play them on mobile browsers and even apps. Whether you choose the casino sites or apps, you’ll find it easy to make Paysafe payments and play games.
Best Paysafecard Alternatives
Perhaps, Paysafecard is not available in the country where you reside, or maybe you just don’t find it suitable for personal reasons. There are many other great payment methods available at top casinos, so you won’t have to worry. Here are some of the best alternatives to Paysafecard
- Neosurf: If you love using prepaid cards, Neosurf is a good alternative. It allows you to make quick deposits and claim bonuses easily. It can also be a great option for those who Paysafecard is not available in their region.
- Visa: The Visa card is the most popular gambling payment method in the world. It’s available in almost all countries, so you’ll likely find it at even casinos that do not accept Paysafecard. What’s more, it allows for withdrawals, although could be very slow.
- Skrill: Those who prefer e-wallet transactions will find Skrill a perfect choice at online casinos. It’s great for both deposits and withdrawals, and it also enhances instant transactions.
- Cryptocurrency: Players whose local currencies are not supported at online casinos will find cryptocurrencies a suitable option. Whether you’re loading in funds or cashing out, cryptocurrencies are swift and safe. You’ll find numerous cryptocurrencies for use at Bitcoin Paysafe casinos.
Conclusion
In wrapping up, we must mention that Paysafecard is one of the best deposit methods at online gambling sites. It’s very easy to use as you only need to type in your 16-digit code for transactions. Your casino account will be credited within a few seconds after you complete the transaction, with no additional charges. What’s more, it grants you enough privacy since you don’t have to link your bank account to the gambling site.
When it comes to withdrawals, the story is different. The vouchers do not support inbound payments, so you won’t find Paysafecard featured in the withdrawal list of many casinos. While the Paysafe account may accept withdrawals, it’s not well-known. Hence, it’s not a great option for cashing out.
If you’re comfortable with only making deposits with Paysafecard, then we encourage you to try out the method right away. Feel free to choose from our listed Bitcoin Paysafecard casinos, so that you can use cryptocurrencies for withdrawals when necessary. Above all, choose to gamble responsibly at all times.
