Paysafecard is an online prepaid payment system by means of which customers "pay with cash online." Customers purchase a voucher of a predetermined value and use it to pay online for many different purposes, such as gambling and shopping. Paysafecard provides payments fully anonymously and facilitates costs to be controlled more easily, and thus it is very popular among players and is used in the majority of online casinos. You can find casino games with Paysafecard at a variety of trusted online gaming platforms.

Here is the guide. In this guide, we will explain to you what paysafecard is, its pros and cons as a payment method in online casinos, and provide you with step-by-step instructions on how to use it.

History of Paysafecard

Paysafecard (the name of the company appears in lower case) is a payment system wherein customers are able to buy physical vouchers for on-line spending. It is an off-line, substitute payment method where on-line shopping can be done without registering an on-line account or providing banking details on-line.

It is also possible to purchase vouchers at supermarkets and kiosks from merchants. They are prepaid cards of fixed denominations, say €50 or €20, paid for in cash, a card, or another option offered at the store. Each voucher comes with a 16-digit PIN code, which allows customers to use the voucher to pay online without having to register or enter personal details online.

The parent company of paysafecard, Paysafe Group, also owns Skrill and Neteller, two of the most popular deposit options in online casinos. Because of this, the majority of the casinos on our website also accept paysafecard along with Skrill and Neteller. paysafecard was launched in Austria but is currently accepted in more than 40 countries in all the major currencies. In addition to prepaid vouchers, paysafecard supports the registration of an electronic wallet. With this, users can make high-value transactions and order a prepaid Mastercard via paysafecard.

Advantages and Drawbacks of Using Paysafecard as an Online Casino Payment Method

Due to the high speed, security, and anonymity of the transactions, paysafecard is a highly used payment method in online casinos. Despite the many advantages, it has some drawbacks that the users must be aware of.

Advantages:

• Anonymous and secure transactions using the PIN code.
• Personal data is not disclosed in online transactions.
• Ability to buy a voucher in cash.
• Easy cost control using prepaid vouchers.
• Typically, no charge on transactions.
• Casinos tend to reward deposit bonuses on paysafecard payments.

Drawbacks:

• It is impossible to acquire a voucher in an amount higher than €100.
• You are able to deposit via paysafecard but not withdraw.

How to Use Paysafecard in Online Casinos

Although paysafecard is not suitable for high rollers making large deposits, it can be superb for new players as well as players who must control their spending. Its greatest advantages are that it is accepted by all legitimate online casinos, and it is extremely easy to use.

Purchasing a Paysafecard Voucher

To start using paysafecard, you don't need to join an online account, although you can if you want to. Simply buy a voucher with a code at a nearby point of sale.

Making a Deposit to an Account in a Casino

Bought a voucher, deposited into your casino account - easy:

• Join an online casino that offers paysafecard as a payment option.
• Log in to your casino and go to the payment page.
• Click on the deposit button.
• Enter the amount you wish to deposit and choose paysafecard as your payment method.
• Enter the 16-digit PIN number on your paysafecard voucher.

The funds will be deposited straight away and credited to your casino balance. Each voucher is only redeemable once, though you can purchase more than one voucher in order to deposit a higher amount.

Withdrawing Funds from a Casino Account

As referred to in the list of disadvantages, paysafecard does not support withdrawing funds. This is due to the fact that payments are made without sharing financial or personal details, so no place to refund the funds exists. Payment and deposits can be made anonymously by users, but for withdrawal, a different form of payment must be used.

• Go to your casino account and access the payment page.
• Hit the withdrawal button.
• Enter the amount to withdraw.
• Choose the preferred payment method among those available and follow instructions.

Money can be cashed out, for example, to an e-wallet or a bank account. In that case, you will be asked to enter personal information and perform KYC (Know Your Customer) verification. Verification ensures that money is deposited in the actual owner of the account.

How to Find the Best Casinos with Paysafecard

While the paysafecard cannot be used in withdrawal transactions, it is extremely convenient for use when making deposits. Paysafecard offers a chance to buy vouchers so that payments can be made in online casinos just as traditional casinos deal with cash against chips.