Paysafecard - Casino Payment Method
Paysafecard is a prepaid payment card that is used in a similar way to a credit or debit card, without the need for a bank account. If you make a subscription payment using Paysafecard, the subscription should be non-recurring because using Paysafecard is akin to using cash online. With the prepaid card, a customer is able to send payments quickly and easily. In less than ten minutes, your payments can be made using Paysafecard, and you will only be charged for successful transactions.
Paysafecard is available in 57 countries around the world, making this a viable payment option for anyone residing in one of the covered countries; however, if you are outside the covered area, Paysafecard will not work for you. Another thing to keep in mind is that while there are some constants that are true for Paysafecard on an international level, there are also some differences from country to country. So, to learn how this payment option can help you in the best ways possible, it is worth the few minutes to read through the T&Cs.
Deposits and Withdrawals
There are two forms of Paysafecard that you can use: the prepaid card and the Paysafecard Mastercard. Before you can be allowed to add funds to your Paysafecard Mastercard, you will need to begin by ordering for the card from your paysafecard account. The Paysafecard account is a personal online account that is topped up using any method of payment that you wish to use. By adding funds to your Paysafecard account, you will be able to create one-time-use pins to be used online as well as adding money to you Paysafecard Mastercard.
To add funds to the credit card, simply enter the top up amount you would like to add before confirming the amount. This amount will be deducted directly from your Paysafecard account and will be credited to your Paysafecard Mastercard. You should bear in mind that every top-up is charged a fee of 4%. This is usually the standard for the prepaid cards. You can also withdraw the balance on your Paysafecard at an ATM, should the need arise.
- Allows customers to make anonymous payments
- Allows for cross-currency or crossborder usage
- Enables spending controls as you cannot overdraw
- There are limitaitons when used for online gambling
- There have been cases of phishing
- Can be abused by criminals for illegal payments
Review and Summary
When it comes to making online payments without a bank account, Paysafecard is definitely the market leader in Europe. This is because it allows shoppers to do online shopping without having to enter their financial and personal details, as there is no need for a credit card or bank account. The card can be acquired in over 500,000 outlets and is available in units of 10, 25, 50 and even 1000 euros. The card is especially popular with young customers and shoppers who have no bank account. The cards are commonly used to buy movies, books, games and even online software.
Services that can be paid for with the card include online dating services, online betting, social media, VoIP services, travel, and cloud services. The online payment system is based on vouchers that have a 16-digit PIN code that is completely independent of credit cards, bank accounts and any other personal information. Customers have the ability to purchase vouchers at their local sales outlets and can pay online by entering the code when they get to the checkout.