What is Paysafecard?
PaySafeсard is a pre-paid card that has largely replaced Ukash, which is no longer in operation. This is an easy to use and widely-accepted payment method, but for online casino players there is the distinct disadvantage that you can’t use PaySafe Card for withdrawals, and so you have to fall back on the ultra-slow bank cheque.
Paysafecard is a subsidiary of the Prepaid Services Company Ltd based in London which is licensed to issue electronic money and MasterCard products. The service is regulated by the Financial Conduct Authority (FCA).
As of today, over 3,500 websites accept this payment method, which includes almost every online casino. Paysafe delivers on the promise of its name, guaranteeing the high level of security as well as minimal fees and fast transactions. This online payment method is most popular in Europe, especially the UK.
So basically, Paysafecard is a prepaid voucher that allows you to quickly, easily and securely make payments, without specifying the credit card data or bank account details. Paysafecard vouchers can be used in 37 countries and 14 currencies.
The several great benefits to depositing with Paysafecard:
- Paysafecard is widely accepted at the best Internet casinos
- Payments can be made online 100% securely, without ever having to reveal your personal bank or credit card details
- Paysafecards can be purchased from over 50,000 retail outlets worldwide. The Paysafecard website has an easy search option allowing you to locate retail outlets in your area, simply enter your postcode or suburb and you’ll be given all the Paysafecard retail outlets within close proximity.
- There’s no fees if you use your credit balance within 12 months
- Enjoy the peace of mind in knowing you’re betting with your own cash, supporting responsible gambling practices
The small downsides of using Paysafecard:
- As your Paysafecard isn’t linked back to an account, it essentially works just like cash, which means if you lose your card you won’t be able to get the funds back
- The maximum amount you can purchase on a Paysafecard is $100, however you can make larger payments by combining up to 10 Paysafecard pins
- If you live in a rural area you may have trouble finding a retail outlet nearby
- Withdrawals can’t be made back onto your Paysafecard
How to get the card Paysafecard?
Paysafecard cars are available in a large number of retailers located in many spots online.
How to refund Paysafecard?
Paysafecard can return the funds from your account if you prepare the following information and documents before filling out an online application for a refund:
- Your bank details (bank name, IBAN, BIC);
- Copies of the relevant of Paysafecard PIN-codes.
Additionally, you may need the following documents:
- A copy of your valid ID card with photo (eg passport, driving license, ID card from both sides);
- Confirmation of your place of residence (for example, electric bill, a certificate of registration, a payment notice of the tax authority).
Please note that refunds will be charged a processing fee in the amount of 7,50 EUR, which is deducted from the refund amount. Duration of processing your request for a refund can be up to 11 business days.
How long does it take for refunded money to return to the?
Refund is usually performed within up to 11 days. After processing your application, you will be notified via an e-mail.
Will any commission be charged for using paysafecard system?
For transfering funds via Paysafecard the commission will not be charged.
How long does the money get transferred to my account?
The amount will be credited to your account immediately.
What is the term of validity of Paysafecard?
Paysafecard cards do not have a specific expiration date.
Can I withdraw funds to Paysafecard system account?
At this point, you can use Paysafecard to make deposits only.
Is it safe to use paysafecard?
Paysafecard payment system is completely secure. A specialized department for the prevention of fraud, transaction monitoring and SMS-notifications of committed transactions for cardholders – all are combined to provide full security when making payments online with the help of Paysafecard.
Payment Method in Casinos - Paysafecard is available for players from the US?
Note that one cannot buy Paysafe Cards in the US, but you can buy it elsewhere and deposit money on it electronically. This would allow a person to play in a casino that accepts US citizens and use this banking method.