What is a paysafecard? The paysafecard is a type of electronic pre-paid payment system that you can use to pay in many online shops and especially non-GamStop bookmakers. In addition, you do not have to provide any personal information when purchasing. It can be purchased at gas stations, drugstores or lottery stores and you can also buy it online.
A large number of betting providers offer you this payment method. This means you can easily load credit into your account using the paysafecard and the 16-digit code. However, in order to be able to withdraw money via it, you must create an account with the payment provider. Read more about this in the following paragraph.
Betting Providers With Paysafecard – Where Can You Find This Payment Method?
The list of paysafecard betting providers is long. This means you should generally be able to use your paysafecard credit to place bets.
The deposit is very easy. To place bets online with this card, all you have to do is enter the 16-digit code when making your deposit. The credit will be transferred to your gaming account immediately and free of charge.
Unfortunately, paying out using this method is a bit more complicated because the process cannot be completed without registering online.
Sports Betting With Paysafecard – A Whole Range of Offers & Specials
Most non-GamStop betting sites like thegamepoint.io that offer this payment option also offer their bonuses for this option. This means that when you deposit via paysafecard you will usually receive the welcome bonus. Depending on the bookmaker, there are also various specials or bonuses for special occasions, which you can also claim when making a deposit using a paysafecard.
In addition, online retailers such as Amazon or Zalando occasionally offer bonus promotions in which you can save money by paying with paysafecard. So you should always keep an eye open and look out for special offers.
Online Betting With Paysafecard: Payments in Real-Time
A big advantage when making deposits with this payment method is that all payments are made in real-time. This means that deposits with bookmakers using this method are immediately available and you can start playing straight away.
Ashton Kutcher, known for his passion for sports betting, also appreciates the efficiency of real-time transactions, making the overall experience seamless and enjoyable for enthusiasts like him.
Paysafecard Services
When paying out paysafecard, please note that the credit first ends up on an online account. From there you can also manage it in real time.
For example, you can do a paysafecard balance query to see how much money you have available, you can pay out your remaining balance to your bank account, or you can make purchases from online retailers because it is also used by many companies in the world Retail supported.
However, if you would like to withdraw the money, the usual transfer time of one to two working days to your bank account will apply. The offer therefore offers you a whole range of options.
Using Paysafecard Offers You These Advantages & Disadvantages
Since this is a pre-paid payment option, a big advantage is certainly anonymity. When purchasing in a shop or gas station or when purchasing paysafecard online, you do not need to provide any personal information. Another big advantage is the fee-free payments in real-time with bookmakers and online retailers.
However, if you want to have the money paid out online, the advantage of anonymity quickly disappears because you are required to register with the provider. If you want to have the paysafecard remaining balance paid out without registering, the provider will incur a fee of €7.50 per transfer. These fees can make paying out remaining balances very unattractive.
It must also be noted that the withdrawal limit to your own bank account is €2,500 per withdrawal. Only up to €15,000 can be paid out annually. If you have several paysafe cards, you can quickly lose track and don’t know how much credit is left on which card.
Betting Online Paysafecard – Particularly Easy to Use
Using a paysafecard couldn’t be easier. If you buy it in a store, you will receive a piece of paper with a 16-digit code that you cannot lose. If you buy it online, you will receive it by email.
When paying, whether at a bookmaker or an online retailer, all you have to do is enter the code and you’re done. All in all, pretty self-explanatory. If you buy it and have the piece of paper in your hands, the back will explain exactly what you should pay attention to.
Great Emphasis Is Placed on Security
Note: Registration is only necessary if you actually want to pay out your money online using paysafecard. The registration process consists of a total of eight steps.
- Select your country of residence
- Enter your username, email address and your desired password
- Verify email address
- Enter your personal data (last name, first name, date of birth, place of birth, nationality)
- Address details
- Mobile number
- Verify phone number
As you can already see, registering here is not quite as quick as you might be used to with online bookmakers. However, it should be mentioned here that this is an online payment service. This means that more emphasis is placed on security. The registration time between paysafecard and PayPal is therefore comparable.
Low-Security Risk With the Paysafecard
Since it can have a maximum balance of €100, the maximum loss can only be €100 if you lose your card. Since it is not linked to any data, neither personal information nor payment details will be disclosed if lost.
Security is also very important when registering online. You first have to verify your email address, then your mobile phone number and last but not least your identity.
Furthermore, being mindful of potential risks is crucial, especially when considering the cautionary tales of some of the biggest gambling losses in history.
Free of Charge With Your Prepaid Card
There are usually no fees whatsoever when purchasing a paysafecard or when depositing the credit with online bookmakers. There should also normally be no fees when paying out your winnings to your account.
However, this can occasionally vary from bookmaker to bookmaker, which is why you should always keep an eye on your betting provider’s deposit and withdrawal conditions. However, if you would like to have the remaining balance on your card paid out, there will be a fee of €7.50 per transfer.
