Pros and Cons of Using PaysafeCard

PaysafeCard is a go-to payment option for Aussie punters who want to keep things simple yet secure. It’s a prepaid voucher, so no heavy details are required. You only need a 16-digit code to fund your betting account.

Based on my reviews, there’s a good number of PaysafeCard betting sites in Australia. You can check out the best ones on the banner on this page. As you read on, I’ll explain how the prepaid voucher works and how to use it for deposits and withdrawals. You’ll also learn how PaysafeCard compares to other payment methods at Australian sportsbooks.

I’m a fan of betting sites that accept PaysafeCard because the payment method is secure. You don’t have to enter any sensitive details, and you just need a 16-digit PIN. Thanks to this, using PaysafeCard is also simple, and payments with it are instant.

Another benefit of PaysafeCard is that it’s budget-friendly. Since the voucher is prepaid, you can get one for the precise amount you want to use for betting. You won’t be able to deposit beyond that using the same voucher, and this comes in handy for responsible gambling.

In my opinion, the key drawback of PaysafeCard is that it’s not common for withdrawals. Most Australian sportsbooks will let you fund your account using the prepaid voucher, but won’t allow you to cash out.

Here’s a summary of the pros and cons I’ve discussed:

How to Make an Online Payment Using PaysafeCard

Notably, you can use PaysafeCard for a wide range of online payments in Australia, not just at sportsbooks. Regardless of where you wish to use the prepaid voucher, the process stays the same and simple. Drawing from my experience, here’s how it works:

1. Buy a PaysafeCard Voucher

First, you have to purchase the PaysafeCard voucher you wish to use for payment. You can get one at your local convenience store, newsagent, or even a petrol station in Australia. I generally buy mine online instead.

The vouchers are available in fixed amounts like A$10, A$20, A$50, or A$100. If you buy at a store, you’ll receive a physical card bearing the PaysafeCard logo, with a 16-digit PIN on the back. On the other hand, a digital PaysafeCard will be sent to your email.

2. Choose PaysafeCard at Checkout

Now, visit the online site where you want to pay using a PaysafeCard. On the checkout page, select the prepaid voucher as your payment option. Remember, you won’t need to provide any personal banking information.

3. Enter the 16-Digit PIN

The payment page will prompt you to type in your PIN, so follow suit. I suggest cross-checking every number to ensure the PIN is accurate.

4. Submit, and You’re Done

Finally, when you’re sure the PIN you provided is accurate, submit the payment. Once confirmed, the amount will be deducted instantly from your prepaid voucher.

As you can see, PaysafeCard offers a quick, private, and easy way to pay. To make things even easier, you can consider registering a MyPaysafeCard account. That allows you to manage multiple PINs in one place, meaning you won’t need to enter the 16-digit code each time.

Making Withdrawals and Deposits at PaysafeCard Betting Sites

At this point, let’s specifically look at how transactions go down at PaysafeCard betting sites in Australia. I’ve used the payment method over time, and I can confirm that it’s just as simple. What’s important is that you choose a secure sportsbook that features the prepaid voucher because not all Aussie bookies have it.

Thankfully, I’ve made the job straightforward for you. The banners on this page feature the best AU sportsbooks that welcome PaysafeCard, and you can pick any you prefer. Moving on, here’s how you can use PaysafeCard to fund your account after signing up:

Deposits on PaysafeCard Bookmaker Sites

PaysafeCard is one of the most common for deposits. These are the steps to use it:

🖥️ Log in and visit the Deposit section

If not already signed in, you start by visiting the bookie’s website and logging in to your account. Once in, go to the cashier or deposit section and select PaysafeCard as your payment method.

💸 Enter the deposit amount

Type in or select how much you want to add to your account. The amount should align with what you have in your PaysafeCard voucher. Based on my expertise, most Australian betting sites have minimum deposit limits of around A$10.

🔐 Enter your PaysafeCard PIN or log in to MyPaysafeCard

If you have a physical voucher, enter the 16-digit PIN. Meanwhile, if you’re using a MyPaysafeCard account, log in to confirm the transaction through your wallet.

🎉 Confirm and start betting

After entering your code, confirm the payment and submit. Your funds should appear in your betting account almost instantly. From there, what’s left is to browse the sports events, markets, and odds and begin wagering.

Withdrawals on Betting Sites with PaysafeCard

In most cases, you won’t be able to withdraw using PaysafeCard in Australia. Betting sites that accept PaysafeCard for deposits don’t support it for withdrawals. That’s because it’s a prepaid system, which is designed mainly for one-way payments. Therefore, once you put money in, it’s not coming back out the same way.

Nevertheless, there’s always a workaround. One option is to set up a MyPaysafeCard account. Some international sites may permit you to withdraw to this online wallet if available, although I noticed that it’s quite limited in Australia.

Ultimately, since you can’t withdraw via PaysafeCard, you’ll need to use another payment method. This alternative can be a bank transfer, PayPal, or another e-wallet. I’ll advise you to confirm beforehand that your chosen betting site has a backup option you’re comfortable using.

Verifying Your MyPaysafeCard Account

To purchase a PaysafeCard voucher online or offline, you won’t carry out any verification. It’s just like buying any other item. However, if you sign up to own a MyPaysafeCard account, the payment service will ask you to verify your identity and address.

From my checks, these are the acceptable documents for each:

Category Supported documents
Proof of identity Passport, identity card, driving license, or residence permit
Proof of address Utility bill, bank statement, government correspondence, mortgage documents, or tenancy agreement/contract

Typically, these documents should be valid and not expired. If you’ll be handling relatively huge amounts in your MyPaysafeCard account, you’ll also need to undergo proof of income verification. This extra process involves submitting pay slips, investment documents, or bank statements.

MyPaysafeCard verification usually takes between 1 and 2 days, which is reasonably quick. If everything checks out, you can use your account to deposit more seamlessly on Australian betting sites that use PaysafeCard.

History of the PaysafeCard Payment Method

PaysafeCard has been around since 2000, so the service has a solid 25-year track record. According to my research, it was originally launched in Austria as a prepaid solution for online payments. The idea was simple: to let people pay online without needing a bank account or credit card.

Today, PaysafeCard has done exactly what it was designed for, which is making online payments simple. For the record, the payment method is owned by Paysafe Group, the same company behind Skrill and Neteller. With such renowned sister services, there’s no argument that PaysafeCard is legit. In Australia, you can pick one up from retailers like 7-Eleven, Woolworths, Coles, and newsagents with epay terminals.

Comparing PaysafeCard with Other Payment Methods in Australia

At the best PaysafeCard betting sites for Aussies, you’ll find more than just the prepaid voucher. Other payment options, such as Visa/Mastercard, Skrill, Neteller, Apple Pay, and bank transfers, can also be available. Are these alternatives better than PaysafeCard or vice versa? I carried out comparisons to find out, and you can see the outcomes below:

💳 PaysafeCard vs Visa/Mastercard

When it comes to bank cards, Visa and Mastercard are the favourite options for most Aussie punters. The reasons are that they’re widely accepted, fast for deposits, and sometimes available for withdrawals. However, unlike PaysafeCard, Visa, and Mastercard require you to share your card details with the betting site.

From my standpoint, PaysafeCard wins when it comes to privacy and spending control since it’s prepaid and doesn’t need any banking info. On the other hand, Mastercard and are better if you want more payment support, including cashing out.

💵 PaysafeCard vs Skrill/Neteller

Without question, Skrill and Neteller are two widely popular e-wallets for online betting. With them, you can deposit, withdraw, and store funds. Therefore, they offer more flexibility, which I rate as their main advantage over PaysafeCard.

The advantage of PaysafeCard is that the prepaid voucher is more anonymous and better for tight budgeting. Also, Skrill and Neteller can charge fees, especially for withdrawals, but PaysafeCard doesn’t.

🔄 PaysafeCard vs POLi

Using is a direct line to your Australian bank account. Therefore, it is ideal for any punter who likes funding bets straight from their balance. That said, you’ll need to log into your online banking through POLi’s interface. Meanwhile, PaysafeCard never requires your banking details.

Both methods process deposits almost instantly. However, POLi isn’t everywhere, and you won’t find it offered by all banks in Australia.

🏪 PaysafeCard vs Neosurf

Like PaysafeCard, Neosurf is a prepaid voucher, and both can be bought online or from local retailers. Also, you can use Neosurf without a bank account. During reviews, I noted that Neosurf is accepted at more AU betting sites than PaysafeCard. Nevertheless, both payment methods are almost equal, and you can use any based on your preferences.

🍏 PaysafeCard vs Apple Pay

Apple Pay is hard to beat for convenience. If you’re on an iPhone or Apple Watch, a quick tap with Face ID or Touch ID is enough to fund your account. There are no codes or typing, which is more seamless than PaysafeCard.

However, Apple Pay only works with certain banks and cards, and not every bookie accepts it. Besides, most don’t allow you to withdraw via the payment method, which is a limitation it shares with PaysafeCard.

🏦 PaysafeCard vs Bank Transfer

Bank transfer is the old-school method — slow but reliable. It’s widely supported and works for both deposits and withdrawals. However, transfers may take 1 to 3 business days and require you to share your banking details.

PaysafeCard is instant, safer from a privacy standpoint, and doesn’t leave a trail back to your bank account. The trade-off? No withdrawals and fixed voucher amounts.

Key Facts About PaysafeCard

Quickly, here’s a rundown of essential facts you should know about using PaysafeCard at online sportsbooks:

  • PaysafeCard is prepaid and doesn’t require a bank account or credit card.
  • The payment method is ideal for quick, secure deposits.
  • You usually can’t use PaysafeCard for withdrawals at betting sites.

Conclusion – Use PaysafeCard for Simple, Quick Deposits

PaysafeCard’s main selling point is that it’s prepaid, anonymous, and easy to use. Therefore, if you want to deposit at AU betting sites without handing over card details, the service will work. If you prefer, you can create a MyPaysafeCard account for more flexibility.

All the same, PaysafeCard isn’t perfect since withdrawals are usually unavailable at some betting sites. However, if you’re mainly focused on fast, secure deposits and keeping things simple, I believe PaysafeCard will hold up.

To get started today, consider clicking any of the banners on this page to check out my best PaysafeCard betting sites in Australia.

The Sportsbooks Worth Your Time

PaysafeCard Betting Sites FAQs

🤑 What Are the Best PaysafeCard Betting Sites?

The best PaysafeCard betting sites depend on your preferences as a punter. On the banners of this page, you’ll find several top PaysafeCard bookmakers in Australia to pick from for betting.

🎁 Is PaysafeCard a Gift Card?

PaysafeCard isn’t precisely a gift card. It’s a digital voucher that comes with a 16-digit PIN, although you use it the same way as a digital gift card.

💳 Can I Pay with PaysafeCard Without an Account?

Yes, you can pay with PaysafeCard at betting sites without an account. All you need to do is buy a prepaid voucher online or from a local retailer.

Sign up to get the latest sports betting picks and offers sent to your inbox.
Sign Me Up
You can unsubscribe at any time. By signing up you agree to our Terms of Service and Privacy Policy.
×
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link: