Paysafecard Accepted Online Casinos

What is Paysafecard?

In a nutshell, Paysafecard is a payment service that lets you acquire 16-digit PINs that work as prepaid cards. These PINs or vouchers have a predetermined amount of money and can be used for payments at online merchants, including online casinos.

A significant advantage of Paysafecard is that you can use your PINs without providing the casino with any of your payment details. Moreover, since these vouchers have a set amount of money, it's easier to control your spending and ensure you're not gambling with money you can't afford to lose. 

For quite some time, Paysafecard has been one of the most popular deposit methods at online casinos, preferred by players in Europe due to its high security and fast transactions. 

Paysafecard - Company Overview

Paysafecard is, at this moment, a global market leader in online payment methods. The company is part of Paysafe Holdings UK Limited, and was founded in Austria in 2000 and gained huge renown for its reliable, safe, and highly responsive services. 

Since 2000 the company has expanded to over 40 countries, covering no less than five continents. It was first taken over by Skrill in 2013, and later in 2015, the company also acquired Ukash, another popular payment method, resulting in all Ukash vouchers being replaced by Paysafecard.

Also, in 2015, the UK Optimal Payments Group absorbed the entire Skrill empire. The interesting fact is that the Optimal Payments Group liked the name so much that they actually rebranded the whole company as Paysafe Group, a name they kept to this day. 

The future looks very bright for this company since, in 2020, Paysafe Holdings announced future partnerships and integrations, including Apple Pay and Google Pay. 

How Does Paysafecard Work?

Paysafecard is essentially a prepaid online payment method based on 16-digit PIN vouchers. You can go to a local sales outlet and get these vouchers, then you can use them to pay online by introducing the provided 16-digit PIN.

Paysafecard vouchers are available with values anywhere from €10 to €100. When you make a payment, only the desired amount will be deducted from your account, meaning you can use the same 16-digit PIN for multiple small payments.

For big amounts, you may need to combine multiple Paysafecard PINs. 

How to Deposit at Online Casinos Using Paysafecard

Using a Paysafecard is a more complex process compared to some other deposit methods. We’ve broken down the entire process in a step-by-step guide for you. Here is how to use a Paysafecard to make a deposit at an online casino.

Firstly, you will need to have a Paysafe account. Here are the steps to creating one.

1. Head to the Paysafecard homepage and click “Sign Up.”

2. Insert your personal information, first and last name, phone number, date of birth, and home address. Finally, you will be asked to create a username and a password as well as provide an email address.

3. You will receive a text message with a validation code that you will need to enter on the website to confirm your account. 

Now that you have your Paysafecard account ready and assuming you already acquired a Paysafecard voucher, you can move to make a deposit at the online casino. To do that, you will need to follow the next steps:

1. Log in to your player account on the casino’s homepage.

2. Go to the Cashier section and select Paysafecard as a deposit method.

3. Enter the amount of cash you wish to deposit and provide the 16-digit PIN found on your Paysafecard voucher.

4. The transfer should be almost instantaneous, and you should be ready to play in no time.

How to Withdraw from Online Casinos Using Paysafecard

Until recently, Paysafecard was only available as a deposit option, and you could not withdraw funds using a Paysafecard account. Luckily for players, things changed once the Paysafe Holdings Group partnered up with Mastercard.  

The withdrawal process is quite similar to the deposit process. The only exception is that you will have to provide your Paysafecard account details.

Here is the simplified process step by step:

1. Log in to your player account on the casino’s homepage.

2. Go to the cashier section and select Paysafecard as the withdrawal method

3. Enter the amount of cash you wish to withdraw and the email address.

4. The funds should be available quite fast in your Paysafe account.

The PROS and CONS of Paysafecard

Just like any other payment method, Paysafecard has plenty of benefits but also a couple of cons. To make it simpler, we broke them down in the table below:

As you can see, there are very few cons to this payment method. Unfortunately, players from some countries or territories cannot enjoy the benefits of Paysafecard due to legal regulations.

You can find a list of accepted countries, along with the available services for each, on the official site of the provider.  

Safety and Security using Paysafecard

At this moment, Paysafecard is one of the safest transfer options available on the market. Since you don’t have to use any sort of card or financial information when making transactions, it’s impossible for your personal information to become available to third parties.

Paysafecard Taxes and Processing Times

At online casinos, there are usually no fees involved. However, the financial operator may impose some taxes. 

Firstly, the Paysafecard never expires, but there is an administration fee of around €3 per month if you don’t make any sort of transaction for over a year. This tax will only be deducted from your balance in the 13th month of inactivity.

Refunds are possible. However, there will be a €7.5 fee involved as well as an additional 2% of the transaction amount fee for the transaction.

All Paysafecard fees and limitations can always be checked on the official website. If you are in doubt, you can always check the list to be sure what fees will be applied and when.

Regarding transaction timeframes at online casinos, Paysafecard is one of the fastest options available, being almost instantaneous. 

The minimum and maximum transactions are usually different from one casino to another. However, as a rule of thumb, the maximum limit for withdrawals is much smaller for Paysafecard transactions than other methods. 

The Best Paysafecard Online Casinos

With such a wide pool of online casinos on the market, it can be a little daunting for beginners to find a good Paysafe casino. Here on our website, you will find a list of Paysafecard casinos offering many bonuses for new players. 

Because we know just how important it is for players to enjoy a great gambling experience, we use a complex selection process when compiling our lists, using both the expertise of our team and also, other real gamblers’ ratings and opinions.

It’s hard to pinpoint exactly which Paysafe casino in our list is the best, as not every single one of these casinos will be everyone’s cup of tea. Each player has different tastes and needs. However, if you want to see which Paysafecard casino has been in the top favorites, you can also use the “Top-Rated” option in the filter options. You can also check our list of the best-rated online casinos. 

As newly released online casinos tend to have the best bonuses and promotions, you can also sort the list using the “Newest” option, which will display the newest released casinos. Most of these gambling websites have been released in the last 12 months.

Paysafe Casino Bonuses

As a new player, you probably want to also claim a welcome bonus when making your first deposit. In our list, you will also see which Paysafe casino offers the best welcome deposit.

Even if all these bonuses are available for Paysafe card deposits, it is a good idea to check out the terms and conditions before claiming any bonus to see what wagering requirements are in place. If you're looking for casinos with low wagering requirements, you'll find plenty of those on our site. 

Final Words

Paysafecards are widely available, easy to use, support many currencies, and are fast and secure. All these things turned Paysafecard into one of the most popular transaction methods at online casinos in more than 40 countries.  

There are no banking checks or credit or debit card details, and you don’t have to provide personal information. 

Up until very recently, Paysafecard could only be used as a deposit method, but the fruitful partnership between Paysafe Group and Mastercard opened a lot of new possibilities. Besides the fact that you can now use it as a withdrawal method, you can also apply for a physical card to be able to withdraw funds from your Paysafe account at ATMs. 

If you sometimes have problems setting limits for your gambling sessions, Paysafecard can help you. The vouchers come in fixed cash amounts, making it very easy for you to limit how much you spend in a time period or in a session.