SafetyPay Casinos

With online casinos becoming more popular among players in Latin America, the need for convenient, safe, and readily available payment solutions has significantly increased. This is why services like SafetyPay have emerged to help Latin American casino enthusiasts handle their payments with ease and in the most secure way.

The payment solution offered by SafetyPay was created due to the need for a service that would allow people in Latin American countries to make international payments. The original idea behind SafetyPay was to offer a convenient way for international merchants to reach customers in different parts of the world.

As the SafetyPay service continued to grow, it also became one of the commonly used options at online casinos catering to players from Latin America. Players can choose between two different options for their casino payments made through the SafetyPay system. Whichever option players choose, they will be able to manage their gaming funds securely and without hassle.

Using SafetyPay for Gambling Transactions

The type of deposit option that players can use for their SafetyPay deposits depends on whether they have a bank account. Even if you do not have one, you do not need to worry, as you will still be able to use the service to top up your casino balance.

To deposit into your virtual casino account, head to the cashier section, where you will need to choose the method you would like to use for your transaction. After you choose SafetyPay from the available options, you will need to enter the amount you would like to deposit. You will be redirected to a SafetyPay page that will generate a code you will use to complete the payment. You will also notice that there will be a set time within which you must complete your payment. You will then be asked to choose the exact method you would like to use to make your casino deposit.

One of the available options is payment via online banking. If you have activated this service with your bank, you can select this method and choose your bank from the list of supported banks. You will then be asked whether to receive the information about your SafetyPay payment via email or SMS. Once you do that, you will need to follow the steps provided in the email or SMS to confirm the transaction. Afterward, the money should appear in your casino balance instantly, as SafetyPay offers real-time purchase verification.

If you do not have a bank account or you simply prefer not to share any banking details with the virtual casino, you can also make use of the cash payment option of SafetyPay. If you opt for this method, you will be sent a barcode used to complete your payment at one of the numerous locations around the world where SafetyPay is supported. Although this option eliminates the need to use a bank account, keep in mind that it takes a bit more time for the deposit to be completed, as you need to visit a collection point that supports SafetyPay payments.

One very convenient feature for users with online banking is the ability to withdraw their casino winnings through the payment system of SafetyPay. Whenever you wish to cash out your casino funds, you can head to the cashier page again and select the withdrawal option. The next step will be to choose SafetyPay as the solution to use for the transaction and enter the amount to withdraw.

After you have completed the aforementioned steps, you will be asked to log into your online banking account. Once you do that, all that is left is to confirm the withdrawal. Keep in mind that this type of transaction takes longer to complete, as it first needs to be approved by the online casino.

Advantages and Disadvantages of Using SafetyPay as a Payment Method

When you cannot decide on the best option for your casino payments, it is always a good idea to evaluate all of the benefits and drawbacks of each method. When it comes to the evaluation of SafetyPay, we will help you by listing the advantages and disadvantages of the solution.

Let us begin with the strong features of SafetyPay, which is a payment solution that mainly caters to residents of Latin American countries. That said, SafetyPay has also expanded into markets such as Canada and the United States and has become more popular in recent years. This means that many casino players will have access to the payment solutions offered by SafetyPay.

Usually, casino players can choose from two different options for their deposits via SafetyPay. The best part is that you do not need a bank account to top up your casino account via SafetyPay. Thanks to the numerous locations spread across different countries, players can head to the nearest location that accepts SafetyPay payments and simply use cash to make a deposit to their casino accounts.

Provided you decide to use online banking for your SafetyPay payments, you will enjoy instant deposits. This can be very convenient for players who are eager to play their favorite games as soon as they finish depositing. Moreover, players who use the online banking method for their SafetyPay payments will also have the option to withdraw their casino winnings through the same service. Having the same option for all your casino payments is definitely an advantage that many players would appreciate.

SafetyPay Pros and Cons

Pros

Cons

Support both deposits and withdrawals via bank transfers

Available in very few countries, mostly in Latin America

Bank account not required for SafetyPay deposits

Withdrawals require users to have bank accounts

Instant payments

Not many online casinos accept SafetyPay payments

Service does not collect or share any financial information

Fees for SafetyPay Gambling Transactions

When you are managing your payments at online casinos, it is important to know whether you will be charged any fees and exactly how much the surcharges are going to be. Generally speaking, online casinos do not impose fees on payments carried out via SafetyPay, so you will not be paying any surcharges when topping up your account or requesting a withdrawal.

Conveniently enough, SafetyPay also does not charge any monthly maintenance fee for using the service. The only commission that SafetyPay charges is paid by the business accepting payments via this method. The rate of this commission, however, varies depending on the type of business accepting SafetyPay payments.

As you can see, SafetyPay is a very budget-friendly payment solution that many casino aficionados would appreciate. One thing we would like to remind you, however, is to always check with the virtual casino about any fees they might impose, as not all interactive casinos have the same transaction-fee policy.

Processing Time with SafetyPay

One of the best things about SafetyPay is that it allows real-time payments. This is great news for casino players who would like to be able to bet real money on their favorite casino games as soon as they complete a deposit. It should be mentioned, however, that not all SafetyPay payment methods will allow you to top up your gaming account quickly.

To be able to enjoy quick transactions via the SafetyPay system, you will need to use online banking for your payments. This option will allow you to access the money in your casino balance as soon as you confirm the transaction via your online banking account. Even though it may take some time to reach a bank or another affiliated location, you can still enjoy relatively fast SafetyPay deposits. This payment solution boasts real-time payment confirmation, which is something that other payment systems lack.

When it comes to withdrawals via SafetyPay, players will need to wait a bit longer. The reason for that is the pending time during which the casino reviews your withdrawal request. The duration of this period depends on the casino itself, but it typically takes about 48 hours for an online casino to approve your withdrawal request. After that, you can expect your winnings to be transferred to your bank account within the next business day.

Mobile Payments

It comes as no surprise that with the greater integration of mobile gambling, the need for convenient mobile payments has increased. We can assure you that if you are playing on the go, you can still use the service of SafetyPay to fund your mobile casino endeavors. While there is no dedicated app that you need to install on your mobile device to initiate mobile payments, you will still be able to use SafetyPay while playing at mobile casinos.

The entire payment process on your mobile phone will be very similar to the one you go through on the browser-based version of the casino. You will head to the deposit section of the mobile casino, choose SafetyPay as your preferred method, and enter the amount of your desired deposit. The SafetyPay code that will be generated can be saved on your mobile device so you can use it to make a cash payment at the nearest affiliated bank or another collection point.

The other option is to complete your SafetyPay deposit using your mobile banking account. As many banks offer their customers mobile banking apps, you can confirm the transaction by logging into your mobile banking profile through the app on your phone.

The great thing about using mobile banking is that most apps will allow you to activate additional security features. That way, you can be certain that no one else but you can access your mobile banking account.

Security at SafetyPay Online Casinos

If you are wondering whether you can manage your casino payments securely, you can be certain that your money will be handled in a very safe manner when you use SafetyPay. The payment system of SafetyPay enables users to make online purchases, casino deposits included, without exposing any card details or other banking information.

While you are making payments via SafetyPay, no financial information that you share is collected by the fintech company. This means that any sensitive information of yours will not be shared with the online casino or any unauthorized third party.

SafetyPay solely acts as a mediator between the online casino and your bank or any collection point supporting the service. Ultimately, you will use the services offered by the bank you know and trust to complete your SafetyPay payments. Since major banks are utilizing industry-standard security tools like encryption, firewalls, and more, you can be sure that your payments will always be protected.

With mobile payments, you can even make use of additional security features such as Face ID, fingerprint scanning, PIN codes, and more. The types of extra security tools that you can activate depend on the supported features of your mobile device and banking app.