Paysafecard is a prepaid deposit method that requires no bank account or sharing of personal information. All you have to do to use it is visit any shop that sells Paysafecard, pay with cash and receive your voucher with a 16-digit pin number. You can then redeem your voucher at online casino sites by visiting the cashier and typing in your pin. Your funds will be credited to your account instantly.
Paysafecard was established in 2000 and now claims to be Europe’s most popular prepaid payment solution for online purchases. Vouchers can be purchased at 450,000 locations in 39 countries and most major international casino sites are happy to accept Paysafecard deposits.
If you’re not comfortable sharing your private information, Paysafecard is an attractive deposit option because it requires no personal details. You can purchase the voucher with cash and then redeem it online without ever typing in your credit card number or banking details. The only information you have to give the casino is your voucher number.
The one downside to Paysafecard is that you have to actually get out of the house and go buy your voucher in person. It’s not the most convenient method in the world. On the positive side, the lack of convenience works as an effective spending limit.
How Paysafecard Vouchers Work
Getting started with Paysafecard is as easy as finding a location near you and buying a voucher. Typically, you’ll find Paysafecard vouchers at super markets, petrol stations and post offices.
You can purchase vouchers in increments of £10, £25, £50, £75 and £100 (or your currency’s equivalent). Paysafecard is available in multiple currencies and if you need to make a purchase in a different currency, Paysafecard will handle the currency conversion on your behalf. Each voucher comes with a unique 16-digit pin printed across the front.
After you have a voucher, just go back home and log in to the casino website of your choice. Visit the cashier and enter your voucher’s pin. The funds will be credited to your account instantly. For larger deposits, you can combine up to 10 vouchers at a time for up to £1000.
At no point do you need to sign up for a Paysafecard account or give anyone your credit card number. You simply purchase vouchers with cash and then complete the deposit process online. However, Paysafecard does have an optional online account that you can use to manage and combine vouchers and check your spending history.
There are no fees associated with using Paysafecard unless you keep them for more than a year. If you haven’t used all of the credits on a Paysafecard within 12 months, a £2/month fee will be deducted from the remaining balance beginning on the 13th month.
Can Paysafecard be used to withdraw?
No. Paysafecard can only be used as a deposit method. When you’re done gambling and request a withdrawal, your casino site will send the funds back to you via bank transfer, paper cheque or some other withdrawal method.
If you use Paysafecard frequently, you may want to consider signing up for a “my Paysafecard” account online. This account allows you to redeem your vouchers at the Paysafecard website and keep an online balance there. You can combine multiple vouchers and then make internet purchases by typing in your my Paysafecard username/password anywhere this payment method is accepted.
As you buy vouchers and make online purchases, your online account collects “level points.” These points add up over time and can eventually be redeemed for free merchandise and bonus vouchers. Again, this is all entirely optional. Paysafecard works just fine without an online account. It’s just something to consider if you end up using Paysafecard often.