Paysafecard is one of the world’s leading online prepaid payment providers. Based in Vienna, Austria, the method first launched in 2000 and is a subsidiary of Paysafe Group plc. The group also owns a number of other well-known payment methods, which speaks of its high quality and trustworthiness. In fact, everything initially began with the popular e-wallet Neteller, which later expanded to include the other most prominent e-wallet – Skrill. Having been around for this long, Paysafecard has extended its reach to numerous European countries, the Middle East, Oceania and the Americas. The provider’s website will conveniently show you the available options for your country. But you are also able to check the list of all countries, where this payment provider offers its services. It includes over 50 different countries.
The payment provider is authorized by the Financial Conduct Authority (FCA) in the UK and operates under the UK Electronic Money Regulation. That’s to say that users can rest assured that the method is legal and secure. In fact, the name itself of both the company and the method suggests that safety is paramount. You can find very detailed information in the special brochure the company offers in regards to this on its site. What’s more, the way this method functions does not allow the disclosure of personal or financial details. In its own, this already greatly contributes to your security. Furthermore, you don’t need to enter any credit or debit card details to be able to use the service. This is one of the things that set Paysafecard apart from other prepaid payment providers. And finally, a 16-digit PIN code necessary to complete transactions offers and additional means of protection.
Using the service
Paysafecard is very simple to use and one of its main benefits is the use of cold, hard cash. Users can buy the 16-digit PIN in any outlet in the available countries. The method boasts in excess of 500,000 total outlets worldwide, so you will have enough to choose from. For your convenience, again, the website will offer to locate a sales outlet for you. You will simply need to enter a street name, postcode or your town and the locator will do the rest. A map will display all the existing outlets in your area. You can buy your PIN for the amount of 10, 25, 50, 75, 100, 125, 150 or 175 GBP. Of course, these amounts may vary, depending on the country and exact outlet you are purchasing from. After this, you can head to any online shop or other online platform that accepts Paysafecard payments and pay using the PIN you purchased. What’s more, though, you even have the opportunity of managing your PINs.
Managing PINs with My Paysafecard
My Paysafecard is an additional service by this provider that offers yet another level of comfort of use. It is ultimately an online account, which you may top up with the PINs you buy. So instead of just buying one PIN and having to use it for something, you will now have some place to accumulate them. All you need to do is sign up, which is completely free, and you’re all set. After this, simply top up your account and you can pay on numerous sites simply by entering your account username and password. Initially, you will have the Standard status account, which has certain limits on it. The maximum amount per payment, which you will be allowed, is 1,000 EUR or currency equivalent. The maximum balance of the My Paysafecard will not exceed 2,000 GBP. This amount will also be the annual top-up and spending limit. However, you can also take advantage of the free upgrade of your My Paysafecard account and convert to an Unlimited status. The maximum amount per payment will not change, however, the maximum balance will increase to 4,000 GBP. As for your top-up and spending limits – those will be no more.
Casinos where Paysafecard can be used
One of the best things about payment methods that have been around for over a certain number of years, is that they eventually become pretty well-known. And with that grows their popularity, hence more and more sites use them. Such is the case with Paysafecard and you can find a great number of online casinos that accept it. Dove Slots, CasinoPop, Slot Shack and Slots Angel are only a small portion of the long list of casinos you can deposit in using Paysafecard. As we pointed out, you can either user your account and enter your password and username to deposit. Or you can simply enter the PIN you bought.
Pros and Cons
There are a number of great things about this payment provider. First up, it is well-established and has a large number of businesses that accept payments made through it. Secondly, it’s very secure and offers complete anonymity, which is great for safety purposes. You don’t need to enter your personal or financial details anywhere on any site, which minimizes the risk of theft. Furthermore, you have a prepaid card option, which allows you to also top-up a prepaid account. In addition, you can also leave the preset limits of the account, or you can lift them whenever you choose. It’s also a great thing that this method is available in so many countries, so more people may have access to it. Alternatively, for travelers this is a very big bonus, because they are likely to be able to use their customary payment method, when on the way. In addition, Paysafecard also offers a very informative and helpful app, further simplifying its use.
Possibly the only drawback to this payment method is the fact that you actually need to acquire a physical voucher. It’s kind of a setback to those who are used to making all of their payment from the comfort of their home, without needing to actually go anywhere. However, we believe that the My Paysafecard account compensates for this perfectly, as you can top it up in advance. That way you can always have some extra funds on it, for when you may need them.