Pros and Cons of Using PaysafeCard at Casinos
Pros and Cons
- Offers a high degree of privacy
- Deposits clear instantly
- Offers built-in budget control
- You cannot withdraw funds back to the voucher.
Making a Payment with PaysafeCard
Once you’ve purchased a voucher from an authorized reseller, depositing at a casino is a very simple process:
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Navigate to the casino’s Cashier and select the Deposit option.
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Enter the amount of money you’d like to deposit.
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Select the PaysafeCard deposit option.
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Input your 16-digit PaysafeCard PIN or PaysafeCard login credentials.
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Confirm the transaction when prompted.
And that’s it! Once you’ve submitted your voucher, the deposited funds will appear instantly in your account. Many players appreciate the convenience and privacy of not having to type in their credit card or banking information to make a deposit.
Let’s take a closer look at how this payment option works…
Withdrawal and Deposits with PaysafeCard at Casinos
You have two options when it comes to making deposits with this payment method:
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Purchase a voucher at an authorized reseller, and input the 16-digit voucher code to make a deposit. Vouchers usually come in denominations of $10, $25, $50 and $100. Most casinos will let you deposit multiple vouchers for a total deposit capped at $300, but you’ll want to check with the casino before chaining vouchers. For example, if you want to deposit $150, you can input the code for a $100 voucher, and then input the code for a $50 voucher. It’s also worth noting that you can make partial redemptions, such as depositing $25 of a $50 voucher, and saving the $25 for another transaction.
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Create a registered account on the brand’s website. The second option is to open and register an e-wallet called the My PaysafeCard account, which lets you pool multiple vouchers together. The other benefit is that a registered account lets you make larger deposits, as the cap is typically set at $1000.
One downside of using the PaysafeCard is that you cannot withdraw to your voucher, nor can you withdraw to your My PaysafeCard account if you have one. This means you’ll need to set up an alternative payment option for withdrawals, such as a bank transfer or an e-wallet.
There is a difference in your privacy when using vouchers versus a registered account, which brings us to the next point…
PaysafeCard Verification Requirements
If you’re using vouchers, there are no verification requirements in place from the payment company. In fact, this method is highly private – you can literally walk into an authorized local retailer and pay cash for the voucher, which leaves no trace in your bank account or credit cards.
If you decide to open a My PaysafeCard account, you’ll need to complete the standard KYC (know your customer) identity verification process. You’ll be asked to provide your name, birthdate, address, and phone number. You’ll need to verify your email address and phone using the codes they send you. You’ll also need to upload your official government identification, a selfie, and other documentation to prove your identity. Once your account is confirmed, you’ll be able to pool vouchers in your account and deposit up to $1,000 at a time at casinos with PaysafeCard deposits.
These verification requirements are separate from the casino’s verification requirements. In most cases, you’ll need to complete a KYC identity verification for every online casino you join, particularly if you want to make a withdrawal.
Now let’s take a look at how this payment option started and grew in popularity over the years…
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The History of PaysafeCard
This payment option launched in 2000 in Vienna, Austria. This was the time when internet commerce and online gambling was starting to catch on, but consumers were reluctant to type their credit card or banking information into a website. This payment option offered an alternative, as people could purchase the vouchers offline at a convenience store or other retailer. They could then share their voucher code to pay for items, rather than sharing their credit card number. This was also a good option for those without credit cards.
Over the next decade, this company grew quickly and spread globally. In 2013, it acquired Skrill, and that same year it launched its e-wallet accounts. Today the brand operates in over 50 countries, and it remains a safe and trusted way to pay online retailers and make deposits on betting platforms.
But how does this payment option compare to other providers? That’s what we’ll talk about next…
PaysafeCard Compared to Other Providers
This payment option offers instant deposits ranging from $300 to $1000, with moderate privacy depending on whether you’re using vouchers or a registered account. There are no fees at the point of transaction with this method, but you may pay a small reseller fee when you purchase it. In addition, if you let a voucher sit idle, you must pay inactivity fees starting in as little as 30 days.
There are pros and cons of this method compared to others. For example, most other popular payment methods have higher deposit limits, even reaching five figures. But other methods have downsides as well. For example, if you use a credit card for a deposit, your financial institution may decline the transaction. If the transaction goes through, you may pay a hefty cash advance fee along with high interest rates that kick in immediately.
Here’s an overview and comparison of some of the most popular casino payment methods:
| Payment method | Deposits | Withdrawals supported? | How to use | Privacy |
If you’re still not sure if this is the right payment method for you, you’ll want to take a look at the following facts…
Three Essential Facts About Using PaysafeCard at Casinos
Before you purchase vouchers or open a registered account, you’ll want to review these facts:
⚠️ This option may not trigger bonuses
If you’re hoping to use a voucher to make a casino deposit with the intent to trigger a deposit bonus, be sure to read the bonus rules carefully. In some cases, this payment option lands on the excluded payment list for bonuses. So, while you may be able to fund your player account, that deposit might not trigger the bonus.
đź’ł Skrill can serve as a backup
As noted earlier, Skrill and PaysafeCard are now owned by the same company. If you want to deposit with a voucher, but the casino doesn’t accept PaysafeCard vouchers, you’ll want to check if the platform accepts Skrill. If so, you can fund your Skrill account with vouchers, and then deposit the money into your casino account using Skrill. One advantage of this “workaround” is that you can often withdraw money back to your Skrill account.
đź”’ Using the app locks in your codes
If you have a registered account, then be sure to type in your vouchers immediately into your My PaysafeCard account. This effectively “locks in” your codes. You won’t need the code any longer to make a purchase, and no one else can use the codes if they’re locked into your account.
Now let’s wrap up this discussion…
Final Thoughts on PaysafeCard Casinos
This payment option is a convenient, private, and secure way to make deposits at online casinos. The option is best for casual bettors, as the maximum deposit is $300 with chained vouchers, or $1000 if you have a registered PaysafeCard account. The downside is that you can’t withdraw to this payment method, so you’ll need to have a withdrawal method in place, such as another e-wallet, a debit card, or a bank account. Overall, PaysafeCard casinos elevate the experience in casino gaming, as you don’t only have a secure option, but it is a flexible payment method that helps you minimize hassle in your sessions.
When you’re ready to start using your vouchers at casinos with PaysafeCard deposits, just check and tap the banners on this page to get started. It’s easy!
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Online Casino PaysafeCard FAQ
đź“Ť Where Can Players Purchase Vouchers?
You can visit the PaysafeCard website to find authorized retailers both online and offline. Don’t purchase vouchers from any retailers that are not listed on the site.
âś… Can You Use More Than One Voucher for a Single Deposit?
In many cases, yes – but you should check the casino’s policies to be sure. If multiple vouchers are supported, you can enter the PIN from the first voucher, and then tap the plus sign (+) to add another voucher. Alternatively, you can create a registered My PaysafeCard account, where you enter your login credentials and make a single payment up to $1000 rather than inputting multiple voucher codes.
🔎 Where Can You Find Casinos with PaysafeCard Deposits?
If you’re looking for some of the best casinos online that accept this payment option, then all you have to do is tap the banners on this website.
If you or someone you know is struggling to gamble responsibly, these free, confidential resources can help:
To make sure you get accurate and helpful information, this guide has been edited by
Ryan Leaver
as part of our fact-checking process.
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