Online casino players from all over the UK are searching for safe, secure, reliable, convenient and affordable ways to fund their accounts. Most online casinos provide in-house payment processing systems, but they aren’t always the best options available. That’s because they can sometimes charge high fees for depositing money into your account, it may take days or even weeks to get a payout of your winnings, and your bank may even decline deposits made directly from your debit or credit cards.
All online casino players want is a reliable way to deposit their money in and take their winnings out. After all, the money that is in your online casino account is your hard-earned winnings, so why shouldn’t you want the fastest and most reliable way to access it?
Paysafecard is another option for players in the UK to fund their online casino accounts and to withdraw their winnings when they want to.
What is PaySafeCard payment option?
Paysafecard is a global online prepaid payment method. By putting money on a prepaid Paysafecard, you will be able to make payments at thousands of places online using a 16-digit PIN that is given to you on your card. This allows you to make purchases online without the need for using your credit card or debit card directly on the online casino site.
Once you have deposited money into your Paysafecard account, the money is as good as cash.
Use all or a portion of the money in your account for a deposit, and the rest of the money will be left on your card for future use.
Advantages of using Paysafecard at online casinos
The biggest advantage of using a Paysafecard at online casinos is that it provides an extra level of security and separation from your personal information. While you will be given a unique 16-digit PIN with your Paysafecard, the retailer will get no other personal information when you enter your payment. This protects your personal information as well as your bank and credit card information in case something goes wrong on the online gambling site.
The other great part about the Paysafecard is you can use the balance on your account for purchases at online retailers around the world. This means any leftover balance on your card, or any winnings you withdraw from your online casino account, can be immediately used for other goods and services online.
There is also an option to get a Paysafecard Mastercard that would allow you to make offline purchases and withdrawal from ATMs as well. This option will require you to apply for the card with personal information, though.
In addition, Paysafecard offers a smartphone app on both the App Store and Google Play, allowing you to scan and check your balance and find a sales outlet near you in case you want to make another deposit to your account.
Disadvantages of using Paysafecard at online casinos
The biggest disadvantage to using a Paysafecard for your online casino account is it has limits that might not be high enough for your liking. Here are some of the limits on the Paysafecard and Paysafecard Mastercard, in GBP:
- Max amount per payment of 200
- Max card balance of 4,000 (MC)
- Max daily top-up of 1,500 (MC)
- Max monthly top-up of 4,000 (MC)
- Max annual top-up of 40,000 (MC)
- Single transaction limit of 750 (MC)
- Daily transaction limit of 1,500 (MC)
- Single ATM cash withdrawal limit of 400 (MC)
- Daily ATM cash withdrawal limit of 400 (MC)
- Monthly ATM cash withdrawal limit of 1,000 (MC)
So if you are a higher-limit player on online casinos, the Paysafecard might not be the best option for you.
Step by step guide to using Paysafecard at Casinos Online
Setting up and funding a Paysafecard account is easy to do, but it must be done in-person at a local sales outlet.
First, search for local Paysafecard sales outlets online. Once you find a location that is convenient for you, go into the retailer and tell a sales associate that you would like to buy a Paysafecard.
The sales associate will print out a form for you to complete for the prepaid card, which won’t include any banking information. Next, simply give the sales associate the form you filled out and the money to fund your Paysafecard account. The sales associate will enter the information into the system, accept your payment and provide you with a Paysafecard voucher that will show you your account balance and your 16-digit PIN number.
Once you have this information, your Paysafecard account is ready to use.
Paysafecard – Security
Security is always a concern with online payments, and it is one of the strengths of alternative payment options such as Paysafecard. With Paysafecard, your financial information will be kept secure online because you will never be asked to provide any of it when you’re setting up or funding your account. No bank or credit card information will be linked to your account, so hackers won’t have access to that, nor will your personal information be provided when you make a payment with a Paysafecard.
The only identifying information on a Paysafecard is your unique 16-digit PIN. Because of this, it is extremely important not to share that information with anyone and to store it in a safe place. It is the only way to access the money in your account.
Paysafecard has security measures in place on the company’s side, too, so using it is truly as safe and secure as using cash.
Paysafecard Online Casinos – FAQ
How long does it take for my Paysafecard to be ready to use?
Transactions are usually available in the online shop after only a couple of minutes.
Can the limits be increased?
Yes. You can increase the status of your Paysafecard to Unlimited at any time, but it will require you to complete a one-time verification of your data.
Do I need any other information to get a Paysafecard?
Yes. You will need to provide proof of your place of residence to get a card.
Can I get the money in my Paysafeaccount paid out to me?
Yes. At any time, you can request a refund of the money in your account by sending an email to the company.
Does it cost any money to use my Paysafecard?
No. Paysafecard does not charge any fees for making purchases with the card, although other retailers may charge normal fees for processing.