Paysafe Card Casinos - Safe Deposit

What is Paysafecard?

Instead of being an e-wallet, Paysafecard is effectively a prepaid card system, except a physical card isn't involved. Depending on how you plan to use it, it may not even require an account. One of the key features of the system is being able to buy vouchers in physical shops and use those vouchers as one-time payments, although there are options to have an online account and top that up instead. Vouchers and codes can be used at various online shops and also many live casinos. The key point behind Paysafecard is an online safety, as it can act as a verified payment option for online transactions without needing to provide personal details as you would with a credit card.

How to make a Live casino deposit using Paysafecard?

If you have confirmed that you're at a top live casino that accepts Paysafecard, then it will appear as an option in the payment menu. Simply select PaysafeCard and then enter your unique code to complete the payment. Unlike with credit cards, the code number is the only thing that you will normally need to enter. Apart from that, Paysafecard deposits work the same as any other method.

Step-by-step guide:

1. Go online or to a participating store and purchase a Paysafecard voucher.
2. Find a good live casino that supports Paysafecard deposits.
3. Choose your deposit amount and go to the payment screen.
4. Choose Paysafecard as the payment option and enter your voucher code.

As a note, casinos with Paysafecard must accept the currency that the code was purchased with, as the codes can only be redeemed using that currency.

Pros and Cons of Using Paysafecard

There are some advantages and disadvantages of using the Paysafecard deposit method at live casinos, so let's examine them:

Paysafecard Pros

Some of the pros of using Paysafecard include its account creation, convenience, prepaid vouchers, ease of use, and so on. Here are a few more details on each of these advantages:

Account Creation

There is no need for a bank card or even creating an account if the player wishes. Potential users only need a phone number and an internet connection to get started.

Prepaid Voucher

It is convenient to purchase a prepaid voucher with a 12-digit code online or in physical locations such as post offices, kiosks, and gas stations. There are even machines where money is put in, and a ticket comes out with a code.

Convenience

A mobile or computer can be used to log in and make a deposit. This is great for people that don't want to leave the house. It's a very easy and convenient way to get playing at a live online casino quickly.

Ease of Use

The Paysafe app is simple to use and can be used on iOS and Android phones. Both also contain lots of information about promotions and FAQs. It is possible to see all the previous transactions and other important information by using the app.

Individual Vouchers

Buying individual vouchers not only limits the amount of money that fraudsters can take from one transaction. It also means that online players can control their budgets easily. It is simple to set a limited budget based on one voucher.

Paysafecard Cons

While there are many benefits to using Paysafecard, there are also few potential drawbacks to consider. Here's a bit more information on these downsides:

Inactivity Fee

There is an inactivity fee for online accounts that have not been used for 12 months. Fees also apply when sending money to a bank account from an online account.

Prepaid Vouchers Limitations

The prepaid vouchers can only be used for deposits and not withdrawals. So a win from a live casino will mean that another method will be required for getting the funds. A bank transfer or a wire transfer may be some options. The company also allows users to make an account online. However, this is not suitable for those wanting real anonymity away from the internet.

Best alternatives to Paysafecard

While there aren't many good options that work exactly the same, most Paysafecard alternatives come in the form of e-wallets like PayPal or direct transfer platforms like Venmo. As these work with different underlying systems, they are able to offer extra features such as withdrawals although don't have the same anonymity.

The best Paysafecard alternatives include:

• Neteller
• Venmo
• Skrill
• PayPal