The pros and cons of adopting Paysafe as the method of payment to manage your online casino financial transactions. See if Paysafe really is for you.
For many people, the simple matter of funding their online casino accounts is made considerably more complicated by time consuming and declined bank card transactions. When looking for alternatives, more and more players are turning to Paysafecard as a fast and easy way to fund their accounts.
You don't even need to own a debit/credit card or a bank when you decide to deposit with Paysafecard. Let's find out a little more about this convenient online payment method.
What Is Paysafecard?
The simplest way to describe Paysafecard is as a voucher system which can be used to make purchases online. Simply find one of the thousands of shops which sell Paysafecard, buy it with cash and then use the unique pin to fund your gaming account.
It really is the closest thing to using cash on the internet, and has found an enthusiastic group of users among the online gambling community. There is also the option to create a "my Paysafecard" account to allow larger and more frequent payments.
Pros and Cons of Paysafecard
The advantages to using this payment method are pretty clear:
- There is no messing around with banks which don't allow payments to gambling operators.
- If you prefer to keep your betting activities private then Paysafecard avoids the issue of casino names popping up in your bank statements.
Below some draw-back to be aware:
- You can't find these cards on sale everywhere and there are plenty of places where you will struggle to find a retailer selling these handy payment methods.
- A draw-back to be aware of is that a lot of gaming websites will accept deposits made with this method, but when it comes to withdrawals you will be paid out via bank wire transfer. This can be a lengthy process which could even take a week or so to go through, so if you are likely to need fast pay-outs then this option may not be for you.
Fees and Payment Limits
For a standard Paysafecard you will be looking at a maximum of €250 per payment, which while more than enough for most players will not satisfy the high rolling clients. However, you can increase these limits by using the my Paysafecard option, and also by upgrading your status for free, so this payment method is still a viable option for big players. Monthly fees of around €3 are deducted from the balance on your card PIN, and if you have a Paysafecard account then a further €2 per month is deducted for inactivity.
Online casinos featuring Paysafecard
It is becoming increasingly standard to see the Paysafecard logo appear in the banking section of online casinos, as this payment method has grown enormously in the past 5 to 10 years. On sale in more than 200 countries around the world, this has become an accessible payment option for many online gamblers, who like the simplicity and anonymity of this voucher payment system. The quick and hassle-free Paysafecard looks like it will continue to fund an ever-increasing number of online gaming accounts in the coming years.
Below a table with a bunch of websites in which players can make use of PaysafeCard.
|Casino||Withdrawal Time||Rating||Review Link|
|1-2 days||9/10||Complete Review|
|2-3 days||8/10||Complete Review|
|0-5 days||8/10||Complete Review|
|2-3 days||8/10||Complete Review|
|2-5 days||8/10||Complete Review|
|2-4 days||8/10||Complete Review|
|1-3 days||8/10||Complete Review|
|2-4 days||7/10||Complete Review|