Paysafecard Casinos with Instant Withdrawal (2024)
Table of contents
Paysafecard is one of the more popular payment method with casinos nowadays. There are many reasons for that – it is a convenient, fast and easy way to cash in into most casinos nowadays. The article below will go over the advantages it has, as well as the most important details about its fees and processing times. We will also cover how you can deposit using it, as well as show the regional availability of the method:
Paysafecard is an e-voucher company, which goes back a long way. It was founded in 2000 in Europe, and is currently operated from Vienna, Austria. It is licensed by the Bank of Ireland, following top notch EU regulation for payment providers, too.
The company has sought to make it easier for payments to be processed online without the need for a bank account. This is precisely how Paysafecard works. It allows you to purchase prepaid vouchers, which can then be used to deposit. The value of the vouchers is can be chosen between €10, €25, €50, or €100 as you buy them. Different denominations of these vouchers will be available with regards to your local currency – more on the regional availability of the payment method and its accepted currencies will be discussed later on.
What is best about this payment method is the high degree of flexibility you have in how you get the vouchers themselves. Basically, you can buy them in one of two different ways. You can use the dedicated app that is supported by Paysafecard, allows you to buy the voucher online and add it to your account. From there, you can chose where to spend it. More interestingly, you can get the voucher from an actual store and pay it via cash. This will then allow you to deposit with the casino of your choice in cash, albeit via the voucher itself. Another advantage of paying that way is that you don't have to submit any personal information in order to get the physical voucher. If you are wondering whether there are any stores which sell the vouchers near you, you can use the website of the company in order to see if any are available.
Once you get the voucher, using it is quite easy. Each voucher has a unique 16-digit code, which needs to be entered in order to deposit with it. It is only a matter of finding a casino that accepts the payment method and entering said code when cashing in. Alternatively, if you use the app, you can buy multiple vouchers online and deposit under one singe 16-dgit code, unique to your own account. This allows you to cash in a larger amount of money at once.
An advantage of using prepaid cards when betting is the ability to be able to keep track on exactly how much you spend with the casino. This is very good for gambling in particular, as it encourage a responsible mindset towards it!
Paysafecard Fees and Processing times
Another huge advantage of Paysafecard is that it has a very client-friendly policy regarding fees. Basically, they are only charged if the bought vouchers are not used. This means that when you cash in to the casino you have picked using Paysafecard, you will not be charged any processing fees from the payment provider. And since casinos very rarely charge deposit fees nowadays, you will be able to get the full value of your voucher! If you have bought a €25 voucher that is exactly how much your account will be credited with.
But there are some fees, which we should mention. Here is a table which outlines them:
Fee type | Inactivity fee | Deposit fee | Refund fee |
Fee Size | €1.5-€3 | N/A | €3.5 |
Firstly, the company has two different ways of charging them, based on whether you are using the app or have just bought a voucher. In the latter case, you will start getting charged if you have not used the voucher in two months after getting it. The fee is exceptionally small – around €1.5. The particular size of the fee will depend on the jurisdiction you are residing in.
If you wish to avoid the fee, you can use the app. Adding your bought vouchers there means the fees on them will start getting charged much later – once they have been unused for 13 months. The size of the fee is still very small, though. It is only €3. Still, Paysafecard encourages you to use up the vouchers that way, and does not seem to want its customers to stockpile them.
If you are depositing with a casino which has a different currency than the voucher's own, you will be required to pay a conversion fee to Paysafecard. These fees can easily be tracked and evaluated on the website of the payment provider, via the calculator that can be found there. Note that you can get away from paying these fees if you decide to play with a casino which accepts the currency that the voucher is in. Most casinos nowadays offer a good amount of options when it comes to the accounts' base currencies, in order to make things more convenient. There are many different supported currencies with Paysafecard too. So the currency conversion fee can be circumvented rather easily.
Finally, there is a small flat fee for processing refunds that Paysafecard charges. This is just €3.5, or a similar amount in your local currency. The fee is quite agreeable.
As far as the processing times are concerned, Paysafecard transactions are usually processed instantly, or in a couple of seconds. The processing times can be longer if the casino you are depositing to has some sort of internal deposit policy which takes more time, but that is very rarely the case. In the vast majority of cases, these payments are cleared within up to a minute. Also, Paysafecard ensures its clients that if the transaction fails for whatever reason, the client will be able to get their money back, automatically, within two hours and free of charge.
Paysafecard and other payment methods
Here is a brief comparison between Paysafecard and some other popular e-vouchers that casinos nowadays accept:
Payment method | Paysafecard | Neosurf | FlexePin |
Processing time for deposits | Instant | Instant | Instant |
Fees | No fees for deposits | No fees for deposits | No fees for deposits |
Available currencies | 48 | Over 20 | Over 40 |
All of these e-voucher companies provide an excellent service. Picking between them can be rather difficult, because their services are pretty close to each other. Furthermore, most casinos accept all three or a combination of them. So here is what makes these companies different from each other:
- Paysafecard is different from Neosurf in two big ways. The first is the fact that Neosurf vouchers don't have an expiration date. They can be used indefinitely, while the vouchers with Paysafecard are charged inactivity fees until their balance is zero. Afterwards they expire. Another huge difference is that Paysafecard is available in a lot more countries than Neosurf, and so can be used with more casinos. Also, an interesting fact about Neosurf is that their vouchers only have 10 digits in their unique codes, while the ones with the other payment provider have 16.
- Paysafecard and Flexepin are very similar to each other. The main difference between them is the bigger availability of Paysafecard. It is accepted in more countries, and, therefore, in more casinos worldwide.
Paysafecard in the news
Paysafecard has made waves ever since it was launched in 2000. The company started up offering its services in Austria and slowly expanded. In 2008, it made the headlines when it received two important licenses – one from the British FCA and another from the Swiss FINMA, the regulatory bodies that oversee payment providers in these countries. In 2009 it was licensed by Mastercard and started issuing their cared. In the same year it also moved to outside of Europe for the first time, as it started offering its services in Argentina. This continued in the next year, when Paysafecard launched in the United States and Mexico.
The company was bought out by Skrill, another major payment provider, in 2013. This was very noteworthy for the Austrian public, because it was the largest sale of a startup from the country to date. Continuing its expansion, Paysafecard partnered with major tech companies like Google in 2018, Apple, Amazon and Samsung in 2019. The same year, the company saw integration into Canada, the UK and the States, which allowed its users to pay various taxes and bills with the prepaid vouchers it issued.
In 2021, Paysafecard went public, and was listed on the NYSE. It has expanded its list of offering, and now its clients can pay all sorts of bills using it – from their Netflix fees to their rent. Needless to say, the casinos which accept the payment provider have also greatly increased throughout the years!
How to deposit with Paysafecard?
Depositing with Paysafecard is extremely straightforward. Here is how you can do so with any casino which accepts the payment method:
- You can make an account with Paysafecard, but one is not required to pay. The advantage of an account is the fact you will be able to deposit larger sums. If you do not have one, the maximum you can cash in is set to €50. The maximum you can pay from your account, on the other hand, is €55 000 annually! Making an account is very easy, and all you need to do is download the app that the company offers from either the Google PlayStore or the AppStore. Then, you need to submit some basic personal information like your name, address and phone number. You also need to provide an email.
- Afterwards, you need to purchase a voucher. This can be done in one of the two ways we explained – you can either get one from a physical store, or you can buy a voucher online. The bought vouchers can be added to your app, which we also mentioned, but that is not necessary to proceed with the payment.
- The third step is finding a casino which accepts Paysafecard and operates in your country and opening an account with it, or, if you already have one, simply heading to its deposits page. On it, you need to select the payment method and enter the 16 digit code of the voucher you wish to use.
- The money should be credited to your account within seconds and will be available to be played with as you please!
What countries is Paysafecard available in?
Paysafecard is available in 48 jurisdictions around the globe. Here is a list from its website:
As you can see, most of these countries are in Europe. People from every EU state can use this payment method. It is also available in Iceland, Norway, the UK, Montenegro, Georgia and Turkey, even though there are not part of the EU. There are also some countries in the Middle East that it can be used in – Kuwait, Saudi Arabia and the United Arab Emirates.. The payment method is available in North and South America as well. Residents of the United States, Canada, Mexico and some Latin American countries can all access Paysafecard as a means of payment. Australia and New Zealand are among the countries outside of Eurasia and the Americas which can pay with these vouchers.
We expect to see the company expand into Asia and Africa into the future, and for its services to be available there as well. Regarding the currencies that can be used to deposit with Paysafecard, here is a list:
Allowed currencies: EUR, USD, AUD, GBP, CHF, NOK, SEK, DKK, BGN, HUF, HRK, GEL, MXN, PLN, RON, CZK, KWD, ARS.