Paysafecard is one of the world’s most popular prepaid services, available in more than 40 countries. The Paysafecard service is owned and managed by Paysafe Group PLC, a public company that also owns two of the most widely used e-wallets in the world: Skrill and Neteller. Paysafe Group is headquartered in Douglas on the Isle of Man, and it has been operating since 1996. The company is registered with the Financial Conduct Authority of the United Kingdom as proof of its legitimacy and competence. Any company that has passed the scrutiny of this government institution deserves your trust. This registration means that the company provides fair, timely service and can be trusted with your money.

| Paysafecard Summary | |
|---|---|
| Available in | Australia, Austria, Belgium, Bulgaria, Canada, Denmark, Finland, Germany, Ireland, Italy, the Netherlands, New Zealand, Spain, Norway, the United Kingdom, the United States of America, and more |
| Website | www.paysafecard.com |
| Connecting bank card/account to Paysafecard | 4% fee |
| Withdrawal balance from Paysafecard to your bank card/account | Varies |
| Pay to online merchants | FREE |
| Available for deposit | Yes |
| Available for withdrawal | Only for mypaysafecard account holders |
| Usual deposit time in online casino | Instant |
| Usual withdrawal time from online casino | Instant |
| Live chat | No |
| Telephone support | N/A |
| E-mail support | info@paysafecard.com |
Today Paysafe Group’s services have a major presence in the online gambling industry, and they are among the most preferred methods for moving money. Such is the case with Paysafecard, which is a prepaid service available at most online casinos. This service is popular with people looking for an easily accessible way to deposit funds into their online casino balance while also enjoying security and anonymity. It is available for purchase at over 600,000 retail locations worldwide, and the company is always looking to expand its reach.
Paysafecard Registration Process
Paysafecard is a payment solution avid casino fans prefer to use, especially when they do not want to lose sleep over the safety of their funds and banking information. Using prepaid Paysafecard vouchers is indeed one of the best ways to avoid exposing any of your banking details, but the biggest downsides are that they are not available for withdrawals and only allow the transfer of smaller amounts of money.
What players need to know is that there are two ways to make payments via Paysafecard, and this is possible with or without creating an account. To save themselves the hassle of withdrawing their winnings through another payment processor, players should simply register for a Paysafecard account.
- First, players need to head over to the official Paysafecard website.

- Once they pick the country they live in, players will be required to provide a valid email address and create a password.

Players should make sure they have entered the correct email address, as they will need to verify it through the link they receive. At this point, they can still change the address if they have mistyped it. - After they confirm their email, gambling enthusiasts need to provide their first and last names along with their date of birth.

- Next, players will be asked to provide their address details, including street, house number, postcode, and city.

- Following this, gambling enthusiasts need to enter their phone number. Players should keep their phones close at hand, as they will receive an SMS with a unique six-digit code required to complete the registration process.

Now, all players need to do to start making payments through Paysafecard is add the PIN codes they have. To find out exactly how much they can add to their Paysafecard account, they should navigate to the Overview section.
When they open the Transactions section, players will see all payments they have made and can even sort them by date. If gambling enthusiasts want an even better Paysafecard experience, they can download and install the apps designed for Android and iOS devices. Thus, avid casino fans will have complete control over their payments even when they are out and about.
How Paysafecard Works
Advantages and Disadvantages
The use of a prepaid method such as Paysafecard comes with its own set of advantages and disadvantages. Below you will find arguments detailing both the good and the bad sides of Paysafecard.
To understand how Paysafecard works we have to look at how it is acquired. For starters, Paysafecard is available in a variety of places, such as gas stations, supermarkets, newspaper stands, etc. This makes it accessible to a large user base, allowing them to obtain a prepaid voucher conveniently. The voucher is bought with cash and is issued to the buyer immediately. It resembles a receipt and has a 16-digit PIN code that can be entered at any website that supports payments through Paysafecard. The prepaid vouchers are usually sold in increments of $5, $10, $25, $50, and $100. There is no commission for buying a voucher and each one has a value equal to the amount of money you used to buy it. This means that if you spent $50 on a voucher, you will have $50 to spend online.
Paysafecard is available in a number of countries, including Austria, Belgium, the Netherlands, Bulgaria, the Czech Republic, Denmark, Germany, Greece, Spain, France, Georgia, Croatia, Cyprus, Latvia, Lithuania, Luxembourg, Italy, Hungary, Malta, the Republic of Ireland, Norway, Poland, Romania, Switzerland, Slovenia, Slovakia, Sweden, Finland, Portugal, Turkey, the United Kingdom, Argentina, Brazil, Canada, Mexico, Peru, Uruguay, Kuwait, Saudi Arabia, United Arab Emirates, the United States of America, Australia, New Zealand, and Egypt. The wide availability of the service makes it possible for millions of users to utilize Paysafecard to its full advantage.
More Advantages & DisadvantagesAnonymity plays a major role when making transactions via Paysafecard. Since you receive a prepaid voucher, all you have to do is enter the code on the receipt. You will not be required to enter any sensitive information, and your private data will remain private. With Paysafecard you do not have to reveal any of your banking or credit card information, making this service an excellent choice for users who value their privacy.
Paysafecard is an excellent option for budget-oriented players or problem gamblers because transactions are limited to $100, or the region’s equivalent, per PIN. This way, those who cannot afford to spend too much can rely on relatively low transaction limits. Furthermore, since each PIN has to be bought at a physical location, it disincentivizes players from reckless spending. The fact that you would have to walk or drive to the nearest retail location that offers Paysafecard gets in the way of binge spending, as one would reasonably lose interest by the time they reach the outlet. This, however, might be seen as an inconvenience by regular players, which it honestly is.
A major disadvantage of the Paysafecard service is the inability to withdraw any winnings. Paysafecard is designed with outgoing payments in mind. It is not an e-wallet and does not act as one. This means that it is not possible to receive any money with Paysafecard, and users seeking to cash in their winnings will have to look for an alternative payment solution. This is the main drawback of using this service, as it can satisfy only players who either do not care about withdrawals or are willing to play until they lose their balance, which is not the case for most users.
Paysafecard is a prepaid payment solution and it suffers from the same disadvantages as other similar ones. The maximum amount of money that you can load on a single PIN is $100, or the region’s equivalent, which is by no means a large amount. Players wishing to make a larger deposit can work around this limitation by buying several PINs at once. When making a deposit you can combine up to 10 PINs in a single payment. This will allow you to deposit up to $1,000 at once, but it is not an elegant solution. High rollers would not be satisfied with this method of payment and would fare much better using a different service.
Furthermore, the fact that you have to physically buy a voucher can work against you, especially when you want to make a deposit immediately but either do not have a PIN or the existing PIN does not hold enough money. Such an event would require a trip to the nearest licensed outlet. This could be a minor inconvenience or a real detriment if the merchant is located too far away.
Overall, Paysafecard is an excellent service for a particular type of player. It allows for quick and very secure transactions, but those only go one way. The inability to cash in using this method is a detriment to the majority of players. Additionally, high rollers will not be pleased with the low maximum limits. You can deposit up to $1,000 per transaction, and even that amount would require 10 separate prepaid PINs.
This method was not created with online casinos in mind; however, it might still be useful to certain players. Budget-oriented players will certainly see the benefit of it, as will users not willing to expose their credit card and banking information to third parties. There are distinct positives and negatives to using Paysafecard, and you must weigh them yourself to decide whether this payment solution suits your needs.
| Paysafecard Pros | Paysafecard Cons |
|---|---|
| Anonymous payments via prepaid cards that ensure secure payments | Online casinos that accept only Paysafecard prepaid cards will require players to choose another method for withdrawals |
| Paysafecard prepaid cards are widely available for purchase | High rollers may not appreciate the limited amount that can be uploaded on a single prepaid voucher |
| The payment service is available in numerous countries | Buying prepaid vouchers from physical merchants may be inconvenient for some players |
| Users who create a mypaysafecard account can use the service as an e-wallet | |
| mypaysafecard accounts can often be used for withdrawals from online casinos | |
| There is a limit on the maximum amount you can upload on a prepaid voucher, but you can combine several PINs |
Using Paysafecard for Gambling Transactions
Paysafecard is one of the most commonly used methods to deposit money into online casinos. It is very easy to use and requires no significant preparation. Purchasing a prepaid PIN can be done at locations you regularly visit, for example, the supermarket or the gas station, which means that you do not have to go out of your way to acquire one. At the online casino’s cashier page you will have to select the prepaid voucher category and then the Paysafecard option. You will be asked to enter the amount of money you wish to deposit as well as the 16-digit PIN found on the voucher. As soon as you do that, your money will be instantly available and you can start playing all of your favorite games.
| Paysafecard Gambling Transactions | |
|---|---|
| Supported transactions | Mainly deposits, but some casinos support withdrawals for mypaysafecard users |
| Deposit pending time | Instant |
| Withdrawal pending time | Up to 48 hours |
| Additional security | Locked PINs |
Fees for Gambling Transactions
One of the best things about Paysafecard is that it is mostly free on the user’s end. Paysafecard is one of the most consumer-friendly payment services available to you. It is completely free to create a PIN and you will have access to exactly as much money as you gave to the seller. Some casinos, however, may impose a commission or service charge for using Paysafecard. This is rare, and the charge is often no more than several dollars or the regional equivalent.
While there are rarely fees for using Paysafecard to deposit at an online casino, there are fees related to the Paysafecard service that you should be aware of. The transactions themselves are free, but maintaining a Paysafecard balance might end up costing you in the long run. The first 12 months of a PIN cost you nothing, but after that time has passed and the voucher has not been used, a service charge of $2.00 will be imposed on your PIN for every month it remains unused. Additionally, when making a purchase in a foreign currency, you will be charged an exchange fee depending on the currency in question.
| Paysafecard Fees | |
|---|---|
| Gambling deposit fee | Free |
| Gambling withdrawal fee | Free |
| Bank account deposit fee | N/A |
| Bank account withdrawal fee | €7.50 or currency equivalent |
| Credit/debit card deposit fee | N/A |
| Credit/debit card withdrawal fee | N/A |
| Maintenance fee | Free for the first 18 months |
Processing Times
One of the best aspects of Paysafecard is the quick transaction time. Any payment made via this service will be processed immediately. As soon as you enter the 16-digit PIN, your money will be available to you. The instantaneous transactions of Paysafecard payments make this method one of the best out there.
| Paysafecard Processing times | |
|---|---|
| Gambling deposit time | Instant |
| Gambling withdrawal time | Instant |
| Bank account deposit time | N/A |
| Bank account withdrawal time | Varies |
| Credit/debit card deposit time | N/A |
| Credit/debit card withdrawal time | N/A |
Mobile Payments
Paysafecard can be used to make deposits on a desktop PC as well as on a mobile device. The process is exactly the same: you will be required to enter the PIN code on the cashier page. Additionally, Paysafecard provides a mobile application that can be downloaded on any Android or iOS device. The app allows the user to check the available balance on any given voucher. Furthermore, using the app you can see all of your past transactions and replace the PIN code on a voucher with a new one. You can also use the app to locate the nearest retail store where you can purchase more vouchers.
| Paysafecard Mobile Payments | |
|---|---|
| Apple pay | No |
| Google pay | No |
Security at Online Casinos
Whenever you make any kind of online payment, security is always a primary concern. Personal information is of paramount importance and should always be kept safe. Online casinos understand this and have implemented the best security and encryption systems on the market. Data leaks are not uncommon on the Internet.
Every now and then a clever hacker manages to gain access to a system. Such an occurrence would be devastating were it not for the SSL encryption that most online casinos use. SSL stands for Secure Socket Layer and it is an encryption protocol that makes it impossible for any third party to read the information.
Everything from passwords and email addresses to credit card data, names, birth dates, and physical addresses is encoded using 128-bit and 256-bit encryption. The SSL protocol makes it safe for this kind of information to be stored online without fear of any potential wrongdoer benefiting from it. Only you and the casino can read it, and even if someone else obtained anything, that data would appear as a completely illegible sequence of numbers and letters.
Most encryptions are broken in two ways: by brute force or with a key. Naturally, no casino would deliberately let any third party have access to its customers’ data, so hackers are really left with one choice. However, breaking 128-bit or 256-bit encryption with brute force is no simple task. Using modern-day technology, it would take centuries to decrypt something this way, making it completely impractical to even attempt it.
Security Additional TipsWhile online casinos provide you with a good deal of protection, you should never rely entirely on that. You can take several steps that will greatly reduce the chance of identity theft and fraud. Luckily, Paysafecard is one of the most secure online payment services you can ever use since it does not require you to enter any sensitive information. To keep your money safe with Paysafecard, you should take certain precautions. For instance, never put your Paysafecard PIN in an email or phone message.
This leaves room for other people to use your funds without your permission. Additionally, you should always buy prepaid vouchers at officially licensed outlets. On the Paysafecard website you can see the licensed locations in your area, and if you are not sure about a certain merchant you can always check the merchant’s status. Moreover, you should only use your Paysafecard PIN with stores and casinos that are licensed to accept Paysafecard as a payment option.
Governments, institutions, law firms, and courts are not licensed to accept Paysafecard payments, so never comply with requests to make payments to any of these using Paysafecard. If you suspect fraud or misuse of your funds you can always freeze your Paysafecard PIN either on the website or by using the mobile application. Protecting your money should be of the highest importance to you.
| Paysafecard Security | |
|---|---|
| Passcode | No |
| Fingerprint | No |
| FaceID | No |
| Two-factor authentication | Yes |
| Trusted devices | No |
| IP Restrictions | No |









