Paysafecard as an Online Casino Payment Method

Paysafecard is one of the innovative payment options that gamblers can use to fully enjoy the experience of playing online casino games. Maybe thats why it so many paysafecard casinos out there these days. It is a prepaid online payment method that is based on vouchers with a 16-digit PIN code.What makes Paysafecard even more unique is that it does not need any bank account or credit card. Users also do not need to share any of their personal information. Read on to learn more about why Paysafecard is one of the choices of many online gamblers.

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These days, the number of Paysafecard users is growing for the benefits and features that it offers. It is a great solution for those who do not have any bank account or do not want to use their account in playing online casino games. Using Paysafecard gives you the feeling as if you were paying in cash. Any merchant also accepts this as a form of payment. Also, other online activities make use of the payment method as a solution, such as dating, gambling, and games.


Paysafecard was founded in Vienna, Austria in 2000 by four Austrians along with the first CEO, Armin Sageder. It started as Wertkarten AG. and was transferred to a private limited company. It was also IBM Austria that provided the technical expertise and hardware. In 2001, Paysafecard was launched in Germany. They also received EU funding in 2005 under the eTEN program that focuses on supporting electronic services with a trans-European dimension. The growth of the company can likewise be seen in other countries, such as Slovenia, Greece, Slovakia, Spain, and the United Kingdom.

The British subsidiary, Prepaid Services Company Ltd. received an e-money license from the British Financial Services Authority in 2008 and eventually the Financial Conduct Authority, under the Financial Services and Markets Act 2000. This development authorized the company to issue e-money throughout the European Union. Another interesting event in 2008 is the obtaining of license as a financial intermediary of Paysafecard Switzerland.

The Dutch competitor, Walle, was absorbed by Paysafecard in 2011. And in 2013, Skrill completed the acquisition of Wertkarten AG.  In 2014, Skrill acquired Ukash, the British competitor of Paysafecard. Ukash was then merged into Paysafecard. In 2015 Paysafecard was rebranded into Paysafe Group when Skrill including Paysafecard was acquired by Optimal Payments group.

Following its growth as a company, it also made sure that the consumers will experience convenience at its best. Buying Paysafecard is made simple as there are more than 650,000 outlets around the globe. Moreover, there are other good reasons why Paysafecard should be used as a payment option in playing online casino games:

  1. Paysafecard is easy to use and you treat it as if you are using cash.
  2. You can pay with Paysafecard in thousands of online shops and services.
  3. Online casino gamblers only spend the face value of the voucher. There is no need to continuously deposit until your bank account is depleted or your credit card maxes out.

Furthermore, the company has received several awards. Examples are 2009 Best Non-U.S. Prepaid Program, 2012 Most Innovative Prepaid Solution Europe, and 2016 Best Online or Mobile Commerce Solution.

Deposit/Withdraw – how does it work

To do a casino deposit with Paysafecard is easy and a fast method. And after the depsoit you can enjoy playing online gambling games. Just go to a participating store and pick up a card. The cards come in different denominations and there are over 650,000 stores selling the cards. You can also use the Paysafecard to top up a digital wallet like an account with Neteller or Skrill.

Online gamblers also have three different choices: Paysafecard, My Paysafecard, and Paysafecard Mastercard.

  • Paysafecard is the most common type of card and can be bought from different stores. All you need to do is pay the cashier and receive the card with its 16-digit PIN. this can now be used to pay for online casino games.
  • My Paysafecard is for the more frequent users. Gamblers will use a username and password to make payments. Reward points are likewise given for the frequency of usage.
  • The Mastercard version requires you to sign up for My Paysafecard first then apply for the Mastercard.

Withdrawal through Paysafecards is also possible. This can be done with the use of an ATM machine. In this case, you will need a Paysafecard Mastercard, and you will likewise pay a 3% fee for every withdrawal. Unfortunately, regular cards cannot be used in the ATM. For Paysafecard Mastercard holders, you can swap your funds for cash by applying for a refund. To do this, you need to provide your bank details, a copy of the PIN, valid ID, and proof of billing. It will also take 11 working days to receive the funds with a fee that will be deducted from the credit.

Security features of Paysafecard

Paysafecard reassures its customers for being “unhackable”. Moreover, users also maintain their anonymity not only to the merchants but also to the payment provider. Users can also visit the website that provides tips and guidelines to stay safe online.

Benefits/Why to use

One of the benefits of choosing Paysafecard is that it allows the user to be anonymous in doing transactions. As such and personal and financial information is completely secured and withheld. Overspending is also made impossible so that gamblers may avoid having excessive debts. Security is also not an issue as it does not leave the user at risk of credit card fraud. In fact, it is one of the best gifts to give a frequent online casino games player.

Paysafecard FAQ

What are the advantages of using Paysafecard?

You can pay online just like you do with cash. It’s a prepaid card that allows you to monitor your transactions and can limit your spending. There are also thousands of outlets around the globe to purchase your Paysafecard and you can use them to pay in different online shops.

Is Paysafecard safe to use to place bets?

Yet, using Paysafecard is completely safe. First, your identity remains anonymous as well as any bank or any other financial provider information.

Where can I buy Paysafecard?

There are more than 650,000 sales outlets available all around the world. This includes supermarkets, offices, kiosks, and others.

Where can I pay with Paysafecard?

Paysafecard is accepted in thousands of online shops and online providers across the globe. You can use it to play online games, online casino games, music, films, and entertainment.