Updated Updated: June 16, 2020

Paysafecard Casinos

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UK Sites Accepting Paysafecard Payments

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About Paysafecard

Paysafecard is quickly becoming a favourite payment method amongst UK players looking for a convenient and easy to use option. Created primarily for online transactions, this method represents one of the safest options available, while also being extremely affordable and convenient. As a result, Paysafecard is accepted by an increasing number of online casinos seeking to attract UK players. Here is all you need to know about this popular payment method.

General Information

Paysafecard is a prepaid online payment service which uses pre-paid vouchers to carry out transactions. Each voucher has a unique, 16-digit PIN number, and this is used by the voucher owner to approve payments. This PIN is independent of any other owner details, including bank account number, other card numbers or any other personal information.

In 2013, Paysafecard was bought up by the eWallet giant, Skrill, which was, in turn, acquired by Optimal Payments Group in 2015. This access to a global online payment processing provider allows Paysafecard to provide increased safety and functionality to its users. Furthermore, the company is licenced and regulated in the UK, ensuring that it complies with all legal and safety obligations.

Paysafecards are available for sale in the UK at a variety of local sales outlets and online. Whilst they can be used with different currencies and in different jurisdictions, several restrictions do apply. This payment method is in use in over 40 countries, and apart from being a popular payment method for online players is also popular amongst online shoppers.

Payments and Withdrawals

Every Paysafecard, whether bought online or in-store, includes a unique 16-digit PIN. Each voucher comes topped up with a set value and currency, which once used can never be topped up again. Paysafecard options vary depending on the country, but in the UK you can purchase vouchers with £10, £25, £50, £75, £100, and higher. The maximum amount currently available is £175.

Making payments with Paysafecard is extremely simple. All you need to do is select payments with this method and enter the 16-digit PIN of your voucher. Funds which are unused on one occasion remain stored in the voucher and can be used another time. If you do not have sufficient funds stored in one voucher you can combine up to ten Paysafecard vouchers per purchase.

Keeping track of your transaction history and the current balance is also extremely simple. All you need to do is enter the PIN on Paysafecard’s website and a transaction summary is instantly displayed.

Apart from making payments, it is possible to withdraw funds stored within a Paysafecard, however, users would need to provide their personal information. In line with financial regulation, the user would need to undergo KYC procedures to ascertain his or her identity.

Advantages and Disadvantages

This flexible and innovative payment method has several advantages of alternative methods. These include:

  • Anonymous payments – you can purchase a Paysafecard voucher online or in-store and use it instantly without having to provide any personal details.
  • No fees – you are not charged for using Paysafecard vouchers.
  • Instant use – as soon as you are provided with your 16-digit PIN you can immediately proceed to shop online or deposit the funds into your online casino account.
  • Instant processing – as soon as your voucher is verified the payment is processed and the funds are instantly in your player’s account, ready to be used.
  • Currency conversion – even if you’ve purchased a Paysafecard in one currency you can use it to pay in a different currency without having to do any additional configuration.
  • User-friendly – understanding how to purchase and use the Paysafecard vouchers is extremely easy, thanks to an intuitive design and useful information during deposits.
  • Budget management – by having a limited and irreplaceable amount of currency within it, you can easily understand your spending habits and be able to budget accordingly.

Even though this payment method is ideal for most online players, it has certain disadvantages which you should be aware of. These include:

  • Low activity fees – while it is free to pay with Paysafecard, the company charges a service and maintenance fee for vouchers which have held funds for more than 12 months.
  • Withdrawal fees – if you would like to withdraw your funds from the voucher, a redemption fee is deducted from your balance.
  • No incoming funds – your standard anonymous voucher cannot be topped up, so Paysafecards cannot be used as a withdrawal method for your online casino funds unless you open a mypaysafecard account.

Conclusion

With hundreds of UK online casinos accepting Paysafecards, you can start depositing funds with this method immediately. Avoid the complications of bank transfers and start using a safe and secure online payment solution. 

While the exact instructions to follow vary depending on the online casino, you should always look for the Paysafecard logo when making deposits. Doing this should take you to a page where you are invited to enter your 16-digit PIN and the amount you intend to deposit.

Normally, your account is always debited in the original card currency. However, certain casinos may only accept a limited variety of currencies, so your card may be charged in a different currency. This is done automatically, but a currency conversion fee is applied.

Depending on the casino you may be able to withdraw your funds back to your card, however, you must first open a mypaysafecard account and go through the verification process.

In order to open a mypaysafecard account, you will need to provide a combination of a photo ID and proof of residency documents. These documents need to include several criteria, including full name and current address and are necessary to ensure compliance with strict KYC regulation.

Yes, this payment method is completely secure, using a combination of transaction monitoring and SMS transaction verification, cardholders are protected at all times. Furthermore, the company which offers this card is a multi-national payments giant, with years of experience and a dedicated anti-fraud team.

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