Paysafecard is a strange depositing method. It’s an e-wallet that works completely different to any other e-wallet on the market. It’s safe, secure and easy to use and yet finds itself as an uncommon payment method among casinos.
Paysafecard has the problem of appearing more confusing than it actually is. With so many pros outweighing the bad, we’ve broken down everything you need to know about Paysafecard, how to deposit with it at mobile casinos; as well as the best mobile casinos that offer it.
Recommended Paysafecard Mobile Casinos
Before we start, if you’ve come to this guide looking for Paysafecard compatible casinos, then these are our top recommendations. They have the games and all the added extras to make them your future favourites:
mFortune casino is one of the best independent casinos out there. Not only does it have the benefit of having all its own games, which are of exceptional quality. It also has the features and customer service that make it feel like a super casino giant.
What you get is a casino that feels special and individual, but also one that gives you the same great service you’d expect from a casino giant. It also comes with an industry unique, £5 keep what you win welcome bonus, with no wagering requirements. Of course, it offers Paysafecard as a depositing method, so if you want to enjoy mFortune as soon as possible, then head on over now.
Reel Island Casino
Reel Island Casino is one of the biggest and best NetEnt partnered casinos out there. This means its gets the biggest slot releases from the biggest slot provider on its casino from day one. Reel Island is the definition of a AAA casino, with every major slot release hitting its casino front first.
With a great games selection and a wide variety of payment methods, which obviously includes Paysafecard; you can get your favourite games with your favourite depositing method.
Hippozino covers all the regular bases. It’s got all the big slot games that you should come to expect from a major mobile casino. Paysafecard works flawlessly on the casino and once you’ve deposited, your expectations will be happily met by Hippozino.
But Hippozino are different because they give a percentage of all the money deposited to charity. So now, you can have fun and help save endangered species, giving you twice the reasons to hit up Hippozino.
What is Paysafecard?
Many of you may remember a small depositing method called Ukash. It’s still credited as a depositing method on many casinos, but in fact it hasn’t existed since July 2015. Ukash has since been merged with Paysafecard.
So Paysafecard has been around as long as Ukash, but Paysafecard as it stands now, is a hybrid of its old self and Ukash. Many of you may have used Ukash in the past, which will give you a good understanding of how Paysafecard works. But Paysafecard has a few tweaks which make it slightly different, and arguably, better than Ukash ever was.
Paysafecard is effectively an e-wallet like Paypal or Skrill, but it uses codes instead of direct payments. If you want to transfer money into a regular e-wallet, it would require you to make a direct transfer from your bank to your e-wallet. The money is now in your online wallet, which you can use to make payments with, effectively using it as a secondary online bank account.
Paysafecard allows you to store money online in an account, like a regular e-wallet, but payments are not as simple as transferring money directly. Money can only be transferred into your Paysafecard account, by purchasing vouchers or topping up a card. These vouchers contain a 16 digit code, that you then input into your online Paysafecard account.
To make a payment from your Paysafecard, it will generate another 16 digit code, which contains all the information for how much you want to transfer. You then need to type this code into outlets, in order to transfer money out of your Paysafecard account.
Step By Step Guide To Using Paysafecard
Depositing with Paysafecard at a casino is as easy as any other depositing method.
- Start by selecting Paysafecard as your choice of depositing method when you go to deposit
- Input the amount you wish to deposit
- You’ll then be taken to a seperate screen, that is run by Paysafecard
You can then do one of two things to complete the payment:
- You can either type in the 16 digit number on your paysafecard
- Or in some cases you can make payments directly from your Paysafecard account
After that, then all you need to do is:
- Agree to the terms and conditions
- Then hit pay
- After a short moment, you’ll be redirected back to the casino to confirm your payment
And that is how you use Paysafecard to deposit at a mobile casino!
Pros of Using Paysafecard For Payments
Here are the major advantages that Paysafecard brings to the table.
No Bank Required
As we mentioned earlier, Paysafecard doesn’t use direct transfers. It only uses pre-purchased voucher codes to transfer money. Because of this, Paysafecard works entirely separate from a bank account. You can store your cash in your Paysafecard wallet, make payments online and top it up, all without the need for a bank account.
And because it’s not attached to a bank account, it requires no credit checks to get to going. It is far more anonymous as well, since money can be added to your account by cashand not by traceable card payments.
Quick & Convenient
Paysafecard seems laborious at first, with its need for codes and logging in to an account. But in reality, it’s as fast as any other banking method. The casino will redirect you to your Paysafecard login, where you can quickly log into your account as you would any other online payment service.
From there you just need to generate a 16 digit code and then add it into the field back on the casino payment screen to complete the payment.
The best part of that 16 digit code is that it can be copy pasted, so unlike your bank account where you have to type in all the numbers, you can add everything quickly with Paysafecard.
e-Wallet Welcome Bonuses
Although e-wallets are some of the most popular payment methods around, they are still routinely left out when it comes to welcome bonuses. Check most casino welcome bonuses and they’ll promise great offers, but then in the T&Cs, reveal that e-wallets like Skrill and Neteller are not included in the offer.
Paysafecard has escaped this fate by not being included as an e-wallet. Because of this, you can use a banking method out of a bank account, while still getting all the rewards of the casino bonuses.
Paysafecard Has Great Security
By having all its payments in code form, Paysafecard’s transfers are far more secure. Whenever you want to authorise a payment, you must first create a 16 digit code, that can only be created from your account.
The strengths of this system are that it makes it incredibly difficult for someone to simply steal your card and start spending your money immediately, since they also need access to your Paysafecard account. On top of this, they won’t be able to transfer money out of their account quickly, as Paysafecard’s codes are restricted in where they can be deposited to.
No one after some quick cash is ever going to target a Paysafecard account and if they do, there are very solid barriers there to make it as tough as possible; therefore protecting your money.
Cons of Using Paysafecard For Payments
Paysafecard may be great, but it’s certainly not for everyone. Here’s the worst parts of it.
This one is an issue depending on the kind of spender you are. Paysafecard only allows you to store and therefore deposit £2,000 in your account at any one time. This may seem like a lot and will certainly be fine when it comes to a majority of customers’ spending.
However, if you’re the kind of person who wants to use Paysafecard as a long term bankroll that you don’t want to micromanage, you may have some issue, especially with the restricted depositing limits.
If you’re a casual player, then you’ll have no issue with any limits. But for those who want a bigger bankroll, Paysafecard may not be the banking method for you.
No Withdrawal Options
Paysafecard can’t take withdrawals from casinos. It used to be the case with its predecessor Ukash, that casinos would create Ukash codes to put money back into your Ukash account. However, with the increased availability of direct transfers, casinos have dropped this feature.
Of course, you can always use an alternative banking method to withdraw your money such as a bank account or e-wallet. But the issue is, if you have an alternative banking method, then it takes the advantages of using Paysafecard in the first place.
Of course, if you simply like the features of Paysafecard or like the idea of segregating your bankroll and controlling your spending from a separate account, then Paysafecard may still be right for you. Outside of that reason, it is still very restrictive when it comes to your money flow.
Paysafecard’s code based economy has made it very secure. Sadly this has taken away both flexibility and the benefit of the doubt from the consumer when it comes to refunds. Since payments come in code form, Paysafecard isn’t able to organise any refunds back into your account.
Codes are fairly difficult to track. This adds a lot of anonymity to the service, but if you’ve made a payment to the wrong location, Paysafecard won’t be able to confirm easily where the payment has gone, making the refund system rather drawn out.
Since it’s assumed to be rather difficult for someone to access your account and generate a payment code, you’ll often have a hard time proving that it wasn’t through your own fault that your account was invaded. Refunds are possible in extenuating circumstances, but by default, Paysafecard explicitly state they won’t refund in the majority of cases.
You’re more secure overall, however if you have a lapse in concentration, you could have a tough time rectifying the situation to get a refund. On the plus side, because of the lower balance limits, you’ll never be losing too much.
There are a few additional charges that come with opening up a Paysafecard account and using the card that you are able to get with it.
- Annual fee of £9.90 to use the service
- 4% top-up fee when topping up the prepaid card
- 3% (min. £3.50) fee for ATM cash withdrawals
- 2% fee for foreign currency payments
We need to break down these prices because a lot of them are far less damaging than they first appear. Many of these fees can be avoided by simply not using a card and instead only using a Paysafecard online account. In this way you can cut out top up fees by doing it online via a bank card payment and avoid any ATM withdrawal fees.
When it comes to charges to keep the account open, in comparison to other e-wallets, Paysafecard’s charges are relatively reasonable. Paysafecard doesn’t charge you per transaction, unlike Skrill and other e-wallets which take a percentage of each transaction. If you make a lot of payments, you can possibly save money by using Paysafecard. It’s just that the charges get lumped into one single payment, rather than taken off the top as you spend.
Their international charges are less of an issue. In comparison to other e-wallets, the charges are slightly more in line and most if not all of the best casinos you’ll be visiting, provide pound sterling as a currency.
However, compared to an alternative banking method like a regular bank, which not only doesn’t charge for international payments, but also allows you to use your bank card charge free as well, it starts to become a pricier alternative.
Mobile Casinos That Accept Paysafecard
Paysafecard is one of the stranger e-wallets. By using codes instead of instant transactions, the payment method is secure, but more cumbersome for casinos to use. Because of this, many casinos are hesitant to use it as a method.
But conveniently, the casinos that use the method are among some of the best. Paysafecard won’t stop you from using quality casinos, but it certainly may cause some problems when it comes to the overall number to use.
But aside from availability, Paysafecard still comes together to be a simple, safe and very individual payment method.