Paysafecard is a prepaid card, which is available in a number of denominations ranging from $10 to $75 worldwide. The card is secured by a 16-digit pin, which ensures 100 percent safety and security while purchasing goods and services online. Customers can use as many as 10 Paysafecards at a time to make larger purchases. Based at Vienna in Austria, Paysafecard first stepped into the market in 2000 and rapidly became one of the most popular payment options in Europe. Today, millions of customers use Paysafecard to make online purchases without revealing their private credit/debit card details to online stores and gaming websites.
How it Works
Paysafecard strongly resembles and functions like a pre-paid debit card. It can be purchased at any of the more than 280,000 outlets such as online stores, gas stations, electronic stores, and news stands that are scattered all over Europe.
The balance on each Paysafecard is equal to the amount paid for it. Once they have purchased their Paysafecard, customers should visit their online Paysafecard accounts and input the 16-digit pin on their Paysafecards. They will then see the money in their Paysafecard accounts and can use it to make any purchase online, including funding their online gaming accounts. Since Paysafecards are available in small denominations, customers who want to use Paysafecard to make expensive purchases must purchase as many as 10 Paysafecards at a time.
Advantages and Disadvantages
The biggest disadvantage of Paysafecard is that US players cannot use it to fund their online gaming accounts. Paysafecard is available only to European players because most of the casinos in Europe are powered by Playtech and Microgaming online gaming software platforms, which do not offer their services to US players.
Paysafecard is not only easy to use, but also easily accessible at offline outlets as well as online. One good thing about Paysafecard is that customers do not need to stick to one card, but can purchase multiple cards to satisfy their requirements. This payment option is also ideal for customers who dislike inputting their private credit card details and also for those who simply cannot get hold of a credit card owing to various reasons. Moreover, customers do not even need to download any software to run Paysafecard, which operates on secure servers that ensure 100 percent safe and secure monetary transactions. Paysafecard also offers special features such as promotions, rewards, contests, and apps at its website.
The best thing about Paysafecard is its speed; funds are instantly transferred into players’ accounts without them having to provide a wide range of documents to prove their identities. Paysafecard is free to use and there are no hidden terms and conditions to alarm its users.
Using Paysafecard at Online Casinos
A huge majority of online casinos offer Paysafecard as a payment option because of its rising popularity. As previously mentioned, Paysafecard is a great payment option for online casino enthusiasts who dislike providing their private financial details. Thanks to Paysafecard, they can enjoy their favorite online games without having to use their credit and debit cards.
Using Paysafecard at online casinos is very easy. Online casino players should first register at an online casino that supports Paysafecard, after which they have to purchase a Paysafecard. The next step is to visit the online casino’s cashier section and hit the Paysafecard button at the cashier.
Players will now be prompted to enter their 16-digit Paysafecard pin along with the amount of money they wish to deposit at the online casino. They do not have to input any other detail; the method is so simple. The amount of money deposited into their online gaming accounts is then deducted from players’ Paysafecard balance. Players who wish to deposit large sums of cash simply have to purchase a number of Paysafecards. The cash transfer is immediate and casino enthusiasts can start playing their favorite online casino games and winning large sums of cash without any delay.