Paysafe – An Introduction
Since its inception, Paysafe has been consistently preferred as a payment method for online betting. With over 3 million customers and operating in 50 countries, Paysafe which was founded in Vienna, Austria, in 2000, has gone on to become one of the most trusted payment systems.
With more sports bettors employing Paysafe to make deposits and withdrawals, owing to its anonymity and instant payments. It is important to understand how Paysafe works, and this article provides clear insight on Paysafe as a reliable means of payment.
Paysafecard is one of the top and most preferred payment options for online gambling, and it is no surprise why this is so. Paysafecard allows sports bettors to make payments on esports betting sites without needing to provide their card details or personal information – Paysafecard guarantees total anonymity.
Online payments with Paysafecard are easy, secure, and smooth. Paysafe is a great option for players without a debit card or a bank account as a financial record is not required. It can also be used by sports bettors who do not wish to link their bank details to their sports betting accounts. Furthermore, Paysafecard sites offer sports bettors privacy in terms of their financial transactions.
Paysafecards are prepaid cards and provide extra security for online transactions.
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How to Use Paysafe
Sports bettors who have chosen Paysafecard as a preferred payment option can simply visit the Banking section of their sports betting accounts. Paysafecard should be selected as the preferred method of deposit.
However, before proceeding, sports bettors must have previously created an account with Paysafecard’s website. In order to sign up for a payment solution, you should use the same email address and name you entered when registering at the online bookmaker.
Why is this important? The consistency of account name on the sports betting site and Paysafecard account aids to verify that the account is being employed by the owner and cases of fraud or scams are controlled, thereby beefing up the security of employing Paysafe as a payment system. Once a punter registers at Paysafecard’s website, they will be able to enter the voucher PIN directly into their accounts, allowing them to fund their sports betting account.
To deposit with Paysafecard, you must specify the amount you wish to transfer to your betting account. Enter your PaySafe username and password and confirm the transfer by inputting a 16-digit voucher PIN. Once you have specified the amount you wish to deposit. You can start betting instantly after it has been completed.
Before purchasing any Paysafecard vouchers, confirm if the sports bookmaker accepts Paysafecard as a deposit method. This information can be found in the banking section of your sports betting account.
Want to Use Paysafe?
You can easily deposit using Paysafecard on online gambling sites. The major advantage of Paysafe is the ability to make easy and secure deposits into players’ betting accounts anonymously. Therefore, Paysafecard isn’t just an excellent option for those without a bank account. It is also a good choice for those concerned about online security, as it does not require users to enter their banking information.
Paysafecard is a simple and convenient payment system. Sports bettors who wish to make deposits into their sports betting accounts with PaySafeCard first need to purchase one at a local retail store. To locate the nearest location where PaySafeCard cards are sold, please go to the Paysafecard official website and use the general sales guide.
Paysafecards come in different denominations – £10, £25, £50, £75, and £100. You will receive a voucher containing a 16-digit PIN, which resembles a regular receipt after paying with cash for one of these options. To transfer money from the Paysafecard to a sportsbook account, sports bettors must enter the 16-digit PIN.
Payments made through PaySafeCard can be made with no connection to your bank account or credit card, making it the safest way to do so. It gets even better, Paysafecard allows sports bettors to combine multiple PINs, for those wishing to deposit large sums of money into their esports betting account for bigger bets.
Sports bettors can register at the official Paysafe website to get a PaySafeCard account. The entire process is easy and is free of charge. A few personal details will be requested during registration, which includes name, valid email address, phone number, and date of birth. When you open an account, you can keep your PINs in one place and will have easy and safe access to them to fund your betting account. The registered Paysafe account also gives you an overview of your finances and allows you to better manage your spending.
Online betting is a fast-growing industry with impressive growth rates that keeps on getting bigger with every passing year. Along with it comes a thriving Esports betting industry as well, which wouldn’t be possible without a variety of online payment options. Payment methods such as Paysafecard make it easy to complete safe transactions with Esports bookmakers as it allows anonymity of sports bettors and a secure payment gateway for processing transactions.
Esports Betting Sites With Paysafe
Bookmakers take advantage of Paysafecard as a major method for receiving payments. Paysafe is available on renowned websites and apps. We understand that not all bookmakers accept Paysafecard, so we’ve compiled a list of sites that allow members to deposit with Paysafecard and have a good welcome bonus, generous odds, and an array of sports.
Betway has evolved from a shaky beginning into a prominent industry leader in online betting over the last 10 years. The company says that its biggest customers come from the UK, Spain, and Germany. Betway is certified by eCOGRA, an international certification agency. It holds licenses in eight different countries. If you’re looking for a new sportsbook, Betway is a great choice, as it offers a range of markets alongside amazing odds.
For over 50 years, Arcanebet has provided a fun, friendly gambling experience to its customers. Initially launched in 1967, the site was relaunched in 2004 with a web version, and mobile apps were added in 2006. With a fun and friendly operation, the platform stays a completely independent bookmaker. It is licensed by the UK Gambling Commission.
There are only a few betting sites that accept Paysafecard in Britain, and William Hill is one of them. It is easy to deposit William Hill using Paysafecard. William Hill also offers bonuses to sports bettors on first deposits as well as amazing odds and a variety of betting options to choose from.
Paysafecard is also accepted at 888Sport. The minimum deposit at 888Sport is £10, and there is no maximum deposit amount. Paysafecard as a payment option has been incorporated into 888sport and allows sports bettors to enjoy seamless transactions on the platform.
With Ladbrokes, you can deposit as little as £5 using a Paysafecard. The platform is friendly to new sports bettors allowing low deposit amounts, bonuses, and a variety of betting options to choose from.
Advantages of Using Paysafe
Paysafecard betting sites offer fast deposits, which makes them one of the best ways to bet online. Payments processed through Paysafe are instant, therefore sports bettors do not have to wait for long periods for pending or completed transactions.
As soon as deposits are made, sports bettors can immediately place bets on their favorite esports games.
Paysafecard also offers the obvious advantage of security. Unlike other payment methods, you do not need to provide your personal information to deposit with Paysafe.
Despite all online sportsbook payments being protected by SSL encryption, most sports bettors prefer anonymity and are afraid of being scammed. Paysafe eradicates that fear by allowing transactions to be processed without requesting customer’s information. A 16-digit PIN code allows subscribers to deposit funds directly into their account without having to disclose their own banking details
Accepted at Other Online Retailers
Paysafecard is not limited to only online sportsbooks. It is also accepted by a wide range of other online retailers. In other words, if you change your mind after purchasing a prepaid voucher, you will not be stuck with a prepaid voucher. Instead, the Paysafe voucher can be employed to pay for things on websites that offer Paysafe as a payment option.
Accepted by Most Betting Platforms
As this article proves, several bookmakers accept Paysafecard. It provides a good choice for sports bettors wishing to open accounts at multiple sports betting sites as they can employ the funds in the Paysafe account for multiple bookies.
Monitor Your Spending
Payments can also be tracked with Paysafecard, making it an excellent choice for those who wish to keep track of their spending. Sports bettors can upload all voucher codes to the created Paysafe account for record purposes. By keeping track of their sports betting expenditures, sports bettors can control your spending.
Disadvantages of Using Paysafe
Paysafe offers numerous benefits, however, there are a few drawbacks to this payment system. One of which is that you must go to a store or shop in person to get the voucher before making deposits. Some customers may find this inconvenient because they do not live close to a store that sells vouchers.
Furthermore, Paysafe withdrawals are not accepted by all esports betting sites, due to country legislations and the rigor of shipping cards to sports bettors by the bookie.
up to $500 Deposit Bonus In Bet Credits
Alternative Payment Methods
While Paysafecard offers numerous benefits, it is not the only payment option available to sports bettors. Other payment options exist and offer similar benefits as that of Paysafecard. Nevertheless, sports bettors must be wary of deposit limits and transaction times across the alternative payment methods.
These are the alternatives available:
Payment service provider PayPal is quickly becoming the go-to option for eSports sites as well as general online betting and shopping websites. PayPal offers low fees, instant transactions, and high-tech security, which makes it an excellent choice for esports bettors just starting.
Credit cards are one of the most common forms of online payment and are used in a variety of online transactions. Esports betting is undoubtedly one of them. A lot of users are acquainted with the use of credit cards for processing esports payments and the terms provided by their financial institution.
In the same vein as PayPal, Skrill is an established method for processing payments. In addition to working in multiple countries all over the world, it also supports a wide array of currencies. Sports bettors can complete transactions in different currencies by employing Skrill on eSports betting sites.
Entropay is another alternative online payment network. Entropay is unique and offers users a virtual VISA card. Its combination of an easy-to-use interface alongside superior security protocols makes it one of the top eSports betting payment solutions. However, with Entropay, there are a few transaction fees, nevertheless, its advantages make it a reliable payment system.
Bitcoin is the most popular in the world. Besides that, it is also worth mentioning Bitcoin is heavily used for online betting, particularly esports betting. In recent times, the use of Bitcoin for processing online gambling payments has risen exponentially owing to the global adoption of Bitcoin. Bitcoin offers secure, untraceable, and anonymous transactions.
The Neteller payment method is also very popular for all kinds of online betting transactions. Despite not being its primary use, Neteller is used for betting all over the world because of its numerous advantages over traditional methods of payment.
Trustly is an easy and convenient method of making online payments, exclusively for Europeans. Trustly provides seamless payment processing across 29 European countries and is trusted as one of the most reliable payment networks in the European region. Trustly should be at the top of your list if you live in Europe and want to pay online quickly and easily.
Klarna is one of the world’s most trusted online payment methods as it is utilised by over 12 million people all over the world. It offers numerous benefits to sports bettors in processing online gambling payments.
Paysafecard is an ideal payment method for certain types of online sports bettors. No other payment system offers a better solution for people who do not wish to link their bank account or eWallet to a sportsbook.
In any case, Paysafecard is not flawless. Many users may be frustrated by the lack of withdrawals, which could lead to a waiting lengthy period to access winnings. However, in terms of security, Paysafe is preferred to other payment options and is one of the major reasons for its mass adoption.
💰 Can I Withdraw Using Paysafecard?
This method can be used to withdraw funds, but online bookmakers rarely offer it. To make withdrawals using Paysafe, the esports bookmaker must physically ship you a voucher, which is then employed to make withdrawals. Due to this, many bookmakers prefer that you use another payment method for withdrawals.
🔐 Is Paysafecard Safe?
Paysafecard offers a secure and safe way of making payments at online gambling websites: thanks to the fact that you don’t have to enter your banking details online when you use Paysafecard. Paysafecard’s services are regulated by the Financial Conduct Authority. In this payment method, the rules and protections are similar to those that govern real cash.
💲 Are There Any Fees When Using Paysafe?
With Paysafecard, after purchasing a voucher, you will not be required to pay any fee for the first year. Once you purchase a voucher, you will not pay any fees for the first year. You will be charged $2 per month if there is a balance left on your card at the end of the year. This is taken directly from the card value.