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PaySafeCard provides a means to fund your betting account with cash in a simple and easy way. It is not the only pre-paid voucher of its type but it is the most widely accepted online, especially with online bookmakers and casinos.
PaySafeCard is owned and run by the PaySafe Group, who also own Skrill and Neteller. Ukash was discontinued at the end of having now been fully replaced by PaySafe.
The service requires no gathering of personal information or bank details and works a little bit like the old top up cards for mobile phones.
In this article we will show you how to use PaySafeCard and other prepayment services. PaySafeCard and other prepayment services are a very safe way to bet.
All services are regulated by the Financial Conduct Authority FCA and have the same right and protections as real cash. Once you have funded your online betting account using your PIN the money is simply counted as cash and can be used as such or withdrawn to any other registered payment mechanism you have with the bookmaker.
Very few operators payout in PaySafe vouchers and so you will need to have another registered payment method, a bank account, card or eWallet available to withdraw funds into.
Generally the easiest way to do this if you don't want to involve a bank account directly is to use either Skrill or Neteller. As these are part of the same group you the payment process is very easy.
It is also important to note that if you use PaySafeCard to fund a betting site, especially if this is for the first time, then you will almost certainly need to submit other verification documents.
When using a bank card some companies can verify your identity and age using a soft credit check, with PaySafeCard there is no such information.
Verification is a legal requirement and will usually kick in before your first withdrawal or first withdrawal over a threshold amount.
To buy a PIN simply visit any distribution outlet to obtain an e-voucher. The vouchers can also be purchased with a large list of other retailers listed on the Pay Safe site.
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Go to the cashier and select Paysafecard. The deposit button should be clearly displayed on the casino site after signing in.
Click on it to view the cashier and the available deposit options. Pick Paysafecard from the list to continue. Enter the code and the amount.
Note: it is possible to only use a part of the balance from one code and still have the rest available for future payments.
Use the money to play Paysafecard casino games. Transactions are done instantly and the top casinos will not charge you any fees for deposits.
However, the operator offers a service called My Paysafecard , which several casinos support withdrawals to. Register on the site for a better way to keep track of all of your Paysafecard codes and their current balances.
Open the cashier on your preferred online casino and select Paysafecard as a way to withdraw the funds.
Also, the processing fees are covered by the operator and not by the customer. The withdrawal request should be approved within 24 hours. After that, the funds will be available in the My Paysafecard account straight away.
Paysafecard has helped give many customers the confidence they needed to deposit real money at online casinos and start playing.
With zero personal information being required when making online payments, Paysafecard is my preferred way of staying safe and secure with every transaction.
The basic function of the banking method allows customers to stay anonymous when making payments online. The code is the only requirement and it can be bought with cash from local selling points.
Paysafecard offers a higher level of convenience and improved security through its mobile apps. These allow customers to check their current balances on multiple codes at any time.
However, it is always important to check your chosen casino to make sure you are aware of the requirements and limits. One of the benefits of using Paysafecard is that there are typically no deposit times.
In some cases, players might need to wait a short amount of time, around 10 minutes.