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The Paysafecard payment method: definition and features
There are numerous payment methods for online casinos, but which one to choose? Today, we will introduce you to one of these methods. The Paysafecard is, by definition, a payment method in the form of prepaid cards or vouchers, primarily designed for online payments. Based in Vienna, Austria, this company was established in 2000 and has seen success due to the various advantages of the product, allowing the Paysafecard owner to avoid disclosing personal and banking information during its purchase and use.
Currently, this payment method is available in many countries, including France. If you are familiar with online gaming, whether it’s video games or online casinos, then you have probably already heard of this payment method. In our opinion, it is considered one of the most popular payment methods.
Our partners using Paysafecard
Magical Spin is an online casino platform established in 2017. It is owned and operated by the Betrust Entertainment B.V. group, which also manages two other partner casinos, Prince Ali and NevadaWin. The casino’s license allows it to offer its services to players worldwide, except in certain prohibited countries, but France is permitted. Therefore, your experience within this platform will be reliable and secure.
Magical Spin offers a wide variety of casino games, including slot machines, table games, live casino games (such as blackjack and roulette), video poker, and much more. Under the slot machines category, you will find a vast selection of games from numerous providers, with the most popular ones among players.
The casino also provides regular bonuses and excellent welcome bonuses. In addition to a deposit bonus on your first two deposits, as a new customer, you can benefit from a special offer of 15 euros provided during your registration on the site by using the bonus code “MADNESS15“.
Stakes is an online casino that was launched in 2016. It is part of the Mountberg Limited group, which also manages other popular casinos such as Monte Cryptos, Sticky Wilds, and Jack21. This casino is regulated by the reputable gaming license of Curaçao.
Stakes stands out with its extensive library of games from multiple game providers. The presence of Evolution for live casino games is a significant advantage. The benefits of Stakes do not stop there. Indeed, you have the possibility to withdraw up to €5,000 per week on this online casino platform. Moreover, Stakes regularly offers attractive bonuses.
Wazamba, an online bookmaker and casino, opened its doors in 2019. This platform, managed by Rabidi N.V., offers players security and numerous advantages. Upon registration, you can enjoy a welcome bonus tailored to your preferences, whether you deposit in cryptocurrency or not. Additionally, a specific bonus is also available for the bookmaker section of the site.
The casino offers an immense library with over 5,000 games available, sourced from renowned providers such as Play’n Go, Pragmatic Play, and Push Gaming. You will find a variety of slot machines, table games such as poker, baccarat, and blackjack, as well as live casino games. Furthermore, you can also place bets on sports events and esports competitions.
But the advantages don’t stop there. Wazamba also offers numerous regular promotions such as cashback, free spins, reload bonuses, and tournaments.
How to use Paysafecard?
Using a Paysafecard is straightforward and accessible to everyone. Firstly, you’ll need to obtain this popular payment system. To do this, simply visit a physical point of sale, such as tobacco shops, electronics stores, supermarkets, or even gas stations. If, for any reason, you cannot purchase it physically, there’s no need to worry. You can also buy Paysafecard directly on the Paysafecard website or from an authorized reseller associated with the Austrian brand.
Once you have purchased the Paysafecard, make sure to keep the ticket that the seller provided during the purchase. This ticket contains a 16-digit code, which serves as the PIN. It is essential to use this PIN to access the monetary value of the Paysafecard.
Why use Paysafecard as a payment method: the advantages
There are numerous advantages to using Paysafecard as a payment method on the Internet, and it appears to be ideal for online casinos. Here are the various benefits of Paysafecard:
- Security and anonymity: When purchasing your prepaid card, only the amount of the card will be requested. That’s why it’s an excellent payment method.
- Availability: Nowadays, the Paysafecard is present on numerous online sites, including online gambling platforms such as online casinos.
- No additional fees: Once purchased, the ticket holds a specific amount, and no additional transaction fees will be charged when making a payment with Paysafecard.
- Speed: When making deposits with Paysafecard, you are instantly credited.
The disadvantages of using Paysafecard to pay at an online casino
Clearly, the prepaid card has many advantages, but it also has its share of disadvantages.
The main drawback of this prepaid card is that it has a maximum amount of €100 per ticket. This means that if you want to credit your player account with €150, you will need to use at least two prepaid tickets.
- This payment method represents only a means of payment. Indeed, it is impossible to make a withdrawal with Paysafecard. (or not exactly…)
- This point is both an advantage and a weakness of Paysafecard. The prepaid card is not available in all regions around the globe, which means that depending on your country of residence, you may not have access to this payment method.
We can also note other drawbacks when making a deposit with Paysafecard. Some casinos do not allow direct deposits via Paysafecard. Therefore, you may need to use e-wallets such as eZeeWallet or Skrill. However, when using the code on these e-wallets, you will see transaction fees of 6% and 5% respectively applied by these platforms. This means that on a €10 voucher, you give €0.60 to eZeeWallet or €0.50 to Skrill.
As if one disadvantage was not enough, many casinos do not allow the welcome bonus to be obtained using these payment methods. This means that you won’t be able to take advantage of your percentage bonus and free spins during your first deposit. Sometimes, the welcome bonus may still be available, but the associated free spins might be unavailable.
How to deposit or withdraw at an online casino with Paysafecard?
Depositing at an online casino using Paysafecard is really easy, fast, and secure. Moreover, it’s an excellent way to play at online casinos with your cash.
Let’s take a simple example: you are in France, and you purchase a Paysafecard. To deposit at your favorite online casino:
Simply log in to the online casino of your choice, go to the payment page. Then, select the Paysafecard payment method, enter the desired amount, input the 16-digit code, and confirm the deposit.
Congratulations! Your player account is now credited, and you can start playing your favorite games and aim for the jackpot!
However, there are also other alternatives in case Paysafecard payment is not available, such as:
- If the payment method “eZeeWallet” is available, you will need to create an account on this platform. It’s easy and fast, and then you can add the Paysafecard codes to your eZeeWallet account. Now, you can go back to the gaming platform, select the desired amount, and use the “eZeeWallet” payment method by providing the requested information.
- If you have a My Paysafecard account, you can add all your codes to consolidate them into a single balance. We recommend this, as it will prevent you from losing various physical tickets.
Withdrawing using Paysafecard
As we have seen before, unfortunately, it is not possible to withdraw your winnings using Paysafecard. However, there are still a few workarounds to address this.
One option is to have a Paysafecard MasterCard, which allows you to make deposits or withdrawals. However, be cautious not to exceed the allowed limits.
Alternatively, you can transfer your winnings to the eZeeWallet account that you have just created. This serves as an online wallet, and you can fully utilize this withdrawal method.
Other Payment Methods
The casino offers a variety of payment methods to cater to the needs of all players. If you are looking for information about other payment methods available at online casinos, please refer to our detailed review corresponding to the payment method that interests you for more details. All these methods are available for players residing in France, providing you with great flexibility to conduct your transactions securely and easily, whether you are on a computer, tablet, or mobile device.