How to Deposit with Paysafecard at Online Casinos?
Paysafecard is possibly one of the easiest and simplest ways to make a real money deposit payment into your online casino account. All you need is an online casino account and your Paysafecard PIN code and you're good to go. You'll be playing casino games in no time. Do make sure to check that your online casino of choice is actually a Paysafecard casino before purchasing a Paysafecard, though.
Here's our handy step-by-step guide to making a real money deposit into your casino account with Paysafecard:
- Log in to your Paysafecard casino
- Head to the "Cashier" or "Deposit" section of the site
- Select "Paysafecard" as your chosen payment method
- Enter your 16-digit Paysafecard PIN code
- Your online casino account balance should update immediately
- Start playing your favourite casino games!
Can I use Paysafecard for Casino Withdrawals?
Unfortunately, no, it isn't possible to use Paysafecard for online casino withdrawals. As Paysafecard vouchers are valued at specific amounts, and sold by retailers, it isn't possible to receive your casino winnings as Paysafecards. Most Paysafecard casinos have a decent selection of other withdrawal options available for Paysafecard casino deposit users to avail themselves of.
Where can I get a Paysafecard?
Paysafecard is available at several brick-and-mortar retailers across the world, and can even be given to people as gifts. If retailers offer the PayPoint service, then you'll be able to buy a Paysafecard voucher. The full list of supporting UK retailers is below:
- one stop
- WH Smith
Users in other countries can get a full and comprehensive list of cooperating retailers on the Paysafecard website. Paysafecard has been around since the year 2000 and can be bought from over 650,000 retailers across the world, so it's highly likely that you'll be able to get your Paysafecard voucher from a shop that's nearby to your home or office. Of course, though, users don't need to go out into the cold to use Paysafecard. You can buy your Paysafecard codes online.
How to Buy Paysafecard Online
- Open your web browser on your desktop or mobile device
- Head to WKV.com
- Choose the amount value of Paysafecard you'd like to purchase
- Enter your details and payment information to complete the purchase
- Receive your 16-digit Paysafecard PIN code
- BONUS: if you've registered a MyPaySafe account, enter the code into your account for safekeeping
NOTE! Make sure to double-check that the casino you've chosen to use your Paysafecard on is actually a Paysafecard casino before completing your Paysafecard voucher purchase!
Paysafecard and Casino Welcome Bonuses
This will depend on your online casino of choice. Unfortunately, a lot of online casinos restrict certain payment methods from activating their welcome bonus. Specifically, Paysafecard, and e-wallets Skrill, and Neteller are the most commonly restricted payment methods here. However, there are still plenty of online casinos out there that don't exclude Paysafecard from qualifying their welcome offer.
We recommend that before making your first deposit with Paysafecard, read the full terms and conditions of the welcome bonus to make sure that you can still get your deposit bonus, free spins, or other bonuses. If an online casino's welcome bonus specifically says that your first deposit is what activates the welcome bonus, then you don't want to lock yourself out of what could have been a really nice deposit bonus.
There is one way around this, though. As long your online casino of choice hasn't excluded MasterCard from qualifying for their welcome offer, you could use a Paysafecard MasterCard for your first deposit. Again, though, the Paysafecard MasterCard is a relatively expensive card to maintain, so it might be easier to claim your welcome bonus by just waiting until you've redeemed your welcome bonus before starting to use Paysafecard as your regular payment method.
How does Paysafecard Work?
Paysafecard is a safe, secure way to make real money payments without compromising your credit card or banking information. This prepaid payment method is available at over 650,000 sales outlets across the globe, and is sold in the form of 16-digit code vouchers worth specific values. Paysafecards are available in the following amounts: £/€10, £/€25, £/€50, and £/€100.
Paysafecard is one of the most popular payment methods in the online casino and betting site ecosystem and is certainly the most popular prepaid payment method. This is also one of the simplest and fastest ways to make real money deposits into your online casino account, with transactions being processed instantaneously. All it takes is a 16-digit PIN code, and your online casino account is topped up and ready to go.
MyPaySafe - Your Online Money Manager
As Paysafecard became more popular over the last two decades, it became apparent that there needed to be a secure way to store and manage all the long PIN codes that users might accumulate. Enter MyPaySafe, the free service offered by Paysafecard for users to be able to safely store all their Paysafecard PIN numbers and access on both desktop and mobile.
A MyPaySafe account isn't required to use Paysafecards, though many regular users find that being able to access their codes on the go through the MyPaySafe app very convenient.
PrePaid Paysafecard MasterCard
PaySafe Group even offer their users the ability to sign up for a prepaid MasterCard. This means that Paysafecard users can use their account balance to pay at outlets and websites that don't specifically offer Paysafecard as a payment method. The main benefit of the Paysafecard MasterCard is that no matter where you make your online payment, your banking details are kept completely safe from merchants who you may not see as trustworthy. This level of security also extends to using ATMs, including when travelling on holiday.
Users should be aware, though, that the fees associated with the Paysafecard MasterCard are a little high when compared to your standard debit card, but more on this below.
Are there Any Paysafecard Fees?
One of the most important things to consider when deciding which payment method is best for you is whether there are any transaction fees to worry about. The vast majority of online casinos don't add their own transaction fees on top, especially when it comes to making deposits. Using Paysafecard is mostly free, and the few charges that do exist in their terms and conditions are unlikely to affect your average player:
- Currency Conversion - based on the Paysafecard currency converter on their website
- Redemption - £7.50 per refund processed
- Maintenance - £3 per month once a Paysafecard PIN turns 13 months old
- Account Inactivity - £5 per month if your PaySafe account has an active Paysafecard balance and the account has been inactive for 13 months
The vast majority of users out there will likely never end up paying any of these fees, which definitely make Paysafecard an attractive option for your casino deposits. Of course, Paysafecard users should be careful to make sure that funds in their account are used within a calendar year to avoid paying maintenance or inactivity fees.
What about PaySafe MasterCard fees?
A PaySafe MasterCard is a little more expensive to maintain than just a standard PaySafe account. In all honesty, we find the associated costs a little prohibitive, but this will depend on the kinds of charges your regular bank or credit card provider levies. It's highly likely that most readers will find the PaySafe MasterCard to be more expensive than a standard MasterCard, but this will differ user-to-user. The PaySafe MasterCard fees are as follows:
- ATM withdrawals - 3% charge
- Foreign Exchange - 2%
- Funding the card - 4%
- Annual fee: £9 / €10
Pros & Cons of Paysafecard at Casinos
Paysafecard is one of our favourite payment methods because there are a LOT of benefits to using it. Chief amongst them being security. We love having a payment method that isn't connected to our bank account at all, meaning there's literally no risk at all when using Paysafecard at any online casino that supports it. It's the digital equivalent of using cash.
Here's our list of the top benefits to using Paysafecard:
- No bank account or credit card details shared with the online casino
- A nice range of Paysafecard amounts available for small and large deposits
- Accepted by thousands of online retailers
- Dozens of Paysafecard Casinos
- Close to 20 years of online payments experience
- Can be used to top-up your e-wallets like PayPal, Skrill, and Neteller
- Paysafecards available to purchase online or at over 650,000 thousand retailers worldwide
- Instantaneous transactions
- A great way to control your gambling spending
- Free MyPaySafe account to keep all your codes
- Little to no fees when using Paysafecard
- 16-digit codes are impossible to crack
Paysafecard is a great payment method, but we don't think that ANY payment method is perfect for everyone. Every single payment method has its pros and cons, and our readers need all the facts before making a decision. The one biggest drawback we see is that it can lock you out of deposit bonuses, free spins, welcome bonuses, and other promotions that online casinos run for both existing and new players.
Here's the full list of what we see as the drawbacks to using Paysafecard:
- It isn't possible to make online casino withdrawals with Paysafecard
- When making a payment (e.g. casino deposit) of more than £100, multiple vouchers need to be used
- Pre-determined voucher values make it impossible to deposit custom amounts
- Not available in many countries
- High fees for Paysafecard MasterCard
- Not eligible for many casino bonuses
- Requires the purchase of a 16-digit voucher
- Is sold online by third-party retailers, and not directly by PaySafe Group
Alternatives to Paysafecard for Online Casinos
Like we said above, Paysafecard isn't available in a lot of countries around the world, and for some, Paysafecard might not be the right payment method for them. You might not like the pre-determined voucher amount restrictions, you might want all your online gambling deposits and withdrawals to go through a single payment method, or you might be a player at an online casino that just doesn't accept Paysafecard. There's no reason to worry, there are plenty of other payment methods out there, and in today's digital world, you really do have your pick.
Skrill and NETELLER
Moving firmly into the 21st century, we have a whole selection of e-wallets to consider. If you're in the UK, PayPal is a great option. One of the world's favourite e-wallets that powers all kinds of transactions across the internet. Unfortunately, it's only UK players that will be able to use it, though, due to licensing restrictions. Skrill and Neteller are your global e-wallet power duo. Both of these payment methods are available across the globe, and are accepted by the vast majority of online casinos out there. The big problem with e-wallets, though, is that they usually exclude you from being able to get your deposit bonus, free spins, and welcome bonuses. As always, make sure to read the full terms and conditions of the bonus you're aiming to redeem before depositing. It's worth noting that Paysafecard is part of the same group with Skrill and NETELLER.
Pay by Mobile
At the cutting edge, we have mobile payment methods like Boku. These mobile payment methods allow you to add your online casino deposits to your monthly phone bill or be taken out of your prepaid credit. Services like Boku and PayForIt are simple, fast, convenient, and are being accepted by more and more online casinos every week. They also usually aren't listed in the exempted payment methods for welcome bonuses, so you'll still be able to claim your deposit bonus and free spins as you enjoy playing casino games.
Last but by all means not least is PayPal! It's fast, convenient, safe and luckily, PayPal is still available. We've seen how certain payment options have suffered certain restrictions, like Skrill and Neteller for example. So far, it's a hit or miss, meaning even if you deposit with PayPal at a casino, you might have to skip the casino bonus offer. Nevertheless, until further notice, PayPal is an alternative to Paysafecard, and according to many, it's better than it!
Paysafecard Casinos FAQs
💰How much does Paysafecard cost?
Paysafecard is mostly free to use. If you're using a Paysafecard voucher that's a different currency than what you're depositing or paying for, then a currency conversion charge will apply. Also, if your Paysafecard vouchers remain unused for more than 12 months, a fee of £3 a month will apply.
💰What is Paysafecard payment method?
Paysafecard is the online equivalent of cash. Available in values of £/€10, £/€25, £/€50, and £/€100, users can deposit funds into their online casino account or pay for online goods & services by entering the 16-digit PIN code on their voucher into the website's Paysafecard field.
💰Can I use Paysafecard at online casinos? Do you recommend it?
Yes, lots of online casinos accept Paysafecard
as a deposit method. It's secure, there are no transaction fees, and the funds are transferred immediately, so we think Paysafecard is definitely worth trying. Just make sure to read the casino welcome bonus' full terms and conditions first to make sure you don't lose out on a deposit bonus or free spins.