Why has Paysafecard become so Successful
When it comes to making deposits at online casinos, Paysafecard is a payment method that has skyrocketed in popularity in recent years. The chance to allow users anonymity, combined with fast and efficient payments, has meant that this has become a preferred payment method for many customers in the online casino space. We have the ultimate guide which tells you all you need to know about Paysafecard for online casino banking.
Paysafecard as a company was first founded in Vienna, Austria in 2000, and reached the UK in 2006. Today, they have a presence in 43 different countries and seem to be gathering new fans every day.
Put simply, Paysafecard is a prepaid online payment method, which is distributed in a physical form. Customers will receive a 16 digit PIN, and this allows transactions and payments to be made without having to exchange or enter bank account details or credit card information, and so is often seen as a safer and more secure option to use online.
Getting started with Paysafecard is super simple; the user simply visits an outlet that sells the cards, and these can be found internationally. The Paysafecard website also has a helpful list of all of the outlets stocking them, and this can save you valuable time.
Once you have found a card, you just need to use cash to purchase a PIN for the amount of money you would like. These are available in a range of currencies and denominations, allowing you total freedom over your money. Once the card is loaded, simply head to your preferred betting site, and head to the area which allows you to make a deposit. When given a list of payment options, select ‘Paysafecard’ and enter the 16 digit PIN you purchased. Your account is credited instantly, and you can always check how much is left on your card by accessing the website and heading to the Paysafecard page. This can also be used for top-ups.
Why you should be using Paysafecard
There are good reasons for Paysafecard’s recent rise in popularity; it comes with a host of benefits for users and casinos. These include:
- Setting a spending limit
Paysafecard is always prepaid, and this means that customers are only able to access and deposit any funds which have already been placed on the card. This means that is is impossible to spend too much money or get into debt by depositing too much money. If you are having financial difficulties, or do not trust yourself not to overspend, this is the perfect way to control exactly how much is deposited. You can even consider how to deposit $1 using Paysafecard; this is very popular for those looking to activate welcome deals and bonuses.
- Personal details are protected
One of the biggest benefits of Paysafecard is that the personal and financial details of users can remain totally safe, secure and free from misuse. The deposit is made via a 16 digit PIN, rather than by inputting credit card details, or personal details such as your name or address, and this is a far more secure system. It also allows you greater privacy online; you can place deposits and wagers while remaining totally anonymous, and this is valuable for some players. It also significantly reduces the risk of credit card fraud.
- It can be transferred
Unlike a credit card, a Paysafecard can be legally transferred to a third party with no issues, and this means that they are the perfect gift for fans of online casinos.
Are There Any Downsides?
Paysafecards are safe, secure and accessible, but there are a few things to consider. The first is that you should always use the official Paysafecard website to check your account balance and make top-ups – there are some fraudulent sites out there, and you risk losing all the funds on your card. It is also important to remember that Paysafe charges a $2 monthly maintenance fee after the first year of use.
Popular Paysafecard friendly casinos
As Paysafecard has grown in popularity, the number of casinos that accept this payment method has also increased, and these include some of the most popular and profitable sites. It is a good idea to check the best minimum deposit Paysafe casinos article to make sure you are always up to date.
Currently, the following casinos will accept PaysafeCard as a method: