Paysafecard

What is Paysafecard?

Paysafecard is a private limited company provided by a Paysafe group whose headquarters are in Vienna, Austria. Founded in 2000, the key purpose of the enterprise is online payment. It is an prepaid method to make online payments. Thus, you do not have to use your bank account or credit card data.

Paysafecard UK is extremely popular with gamblers from Great Britain as Paysafecard casinos are a reliable way for online transactions with no security threats.

This service is available in certain countries, and it has over 600,000 trading outlets all across the world where you can use this payment method. For example, supermarkets, petrol stations, electrical retailers, pharmacies, vending machines, or newsagents.

It is based on 16-digit code which you have to enter to make a payment. It comes as a prepaid printed card with 16 digits or as online digital information. Savings vary from €10 to €250. You have to enter the 16-digit PIN when shopping online. The bill amount is taken from your Paysafecard. The pin code is used as many times as you want to pay. If you have to pay a big sum, then you can combine 10 pin codes. It is safe to use Paysafecard at an online casino.

Paysafecard Expenses

The transactions are free of charge, but it does apply charges on some of the services.

• There is a redemption fee which is 6 GBP. It is cut from a refunded amount, and it applies to every refund.

• 5 GBP as a maintenance fee is deducted from the customer’s account when he or she has not used it or made transactions for 12 months from it. After 12 months, there is an automatic deduction of this amount.

• Exchange expenses are a client`s charge which can be charged by individual pre-characterised retailers and which has to be stated.
• There are fees on exchange processes from one currency into another. Paysafecard cash converter lets you, in a split second, observe the present swapping scale. To change over, enter the coveted sum and select the monetary forms.

Paysafecard Safety and Security

This payment method is extremely safe to use because it neither reveals your identity nor risks your personal bank account details. It is safe to use at the sites with a high risk of bank accounts being hacked or you are afraid of fraud.

Advantages of Paysafecard

• Easy to use. The card should be purchased from authorised dealers. Once the card is activated, you can use it for payments on numerous websites that accept this payment method. There are plenty of online shops, communities, gaming options, and films that accept this payment method.
• Risk-free. When using this card, you become threat-proof from hackers and identity thefts because this card takes care of your security. It does not share your personal information with third parties; thus, all your payment cards details are safe, and there are no potential threats.
• Fast and efficient.It is a fast service. It does not take a long waiting period and usually makes transactions within a few seconds.
• No troubles when creating a new account.You do not have to wait for the account confirmation process to be over. Only click for your card, and here it is done.
• Mobile-friendly.You can check your account details via a web-based interface. It assists the users to monitor their transactions and payments. The users can immediately report on the faulty payment via their cards.

Disadvantages of Paysafecard

• Not entirely free. It must be kept in mind, this payment method, apparently, does not charge for creating an account but, it applies some fees, especially after one year since the registration date. It deducts the maintenance charges from your card every month.
• No withdrawal support. It means the card is used only to make deposits. To withdraw your wins, you have to go for other methods.
• No loss recovery.If your voucher is lost, then all your money is lost. There is no other way to get it back.

Paysafecard as a Deposit Casino Deposits

It is an easy process to deposit at an online casino via this payment method. In order to get the card, you have to visit the retailer outlet or a shop selling these cards. It is not difficult to find a Paysafecard point, as there are thousands of them, or you can search on the net to find the nearest one. Pay Zone and Pay Point are stores which provide Paysafecards in the UK. In the store, you pay with cash instead of making a transaction. After that, you will get a 16-digit code. Enter the code for at an online casino banking interface and verify the process. Without any delay, your funds will be transferred.

A Paysafecard casino method does not charge any fees for depositing money at an online casino. A large number of gambling sites supports this method.

Paysafecard as a Withdrawal Method from an Online Casino?

As it has been discussed earlier, if you want to withdraw money via this card then, we have bad news. The card only offers to make deposits, but for withdrawals, you have to look for other methods which are compatible with online casino accounts.

Verdict

If you are a real gambler and do not want to miss any game, then this payment method is here to help you. Use this card and do not worry about any threat. Beware of online frauds on insecure websites asking to make transactions since they can steal all your money. Pay only on authorised online platforms. Visit any Paysafecard point to get the PIN.