Those who waste their time playing in online casinos will definitely agree on one thing: choosing a payment system, the deposit and withdrawal level and rate of service are straight-up imperative. Such an online payment system that stands out due to its instant deposit process is Paysafafard.
Using this payment system, customers can top up their account at literally any time of day. It should be pointed out that absolute anonymity is preserved throughout the process of the transaction. Paysafecard issues prepaid cards which are available at banks and other retail outlets. The advantage of a different type is that the users do not have to open a bank account, and time and effort are saved. It's also aided by more and more casinos that accept paysafecard, and therefore it is a simple and safe way for the players.
Paysafecard Voucher Card
Refuelling of a betting account is a quick and convenient matter—Paysafecard offers clients the perfect solution in the form of a prepaid voucher card. Cards in different denominations—€10, €25, €50, and €100—is on offer for players, and the players can choose the most appropriate one for their funds and requirements. In the event the selected deposit exceeds the maximum available card value, clients can club a maximum of 10 Paysafecard vouchers simultaneously.
This is a convenient and easy cashless solution—it is like paying in services in cash. All one has to do is buy a Paysafecard voucher, which has preloaded funds on it.
What is a Paysafecard card? It's a secure voucher that's supported by a 16-digit PIN number. This is entered into the appropriate field on the Paysafecard payment page. That's it—quick and simple. Customers can maintain their account number, personal information, and other sensitive data private.
Purchasing Paysafecard vouchers in Sweden is extremely easy, as there are over 450,000 retail stores across Europe where these cards can be purchased.
Advantages and Disadvantages of Paysafecard
What are the benefits of this proposed means of payment? First of all, as mentioned above, customers don't need to give any personal information, which reduces the risk of fraud significantly. Paysafecard can be purchased in most locations throughout Europe, such as Sweden, and is easily accessible in kiosks, petrol stations, and convenience stores. No maintenance fee for the first year of running. Second, there are thousands of online shops, gambling websites, and gaming suppliers worldwide that use Paysafecard.
The system is secure with minimal fraud risk, which gives trust and a great user experience.
There are a few negative points, however. If money on a voucher remains unused for a year, then there is a monthly service charge. And the more PINs that are being accumulated into one transaction, the more corresponding fees.
Another important disadvantage is that Paysafecard can't be cashed out. Why? Because the system only uses prepaid vouchers and doesn't have a registration process or any linking to a player's bank account. Therefore, winnings can't be cashed out to Paysafecard.
Besides, Paysafecard isn't used that often by users from non-EU countries, such as Russia and Ukraine, so it's less popular deposit method on sites working these markets.
Deposit Methods via Paysafecard
There are two methods now possible to deposit into an online casino via Paysafecard. Previously outlined, one method is to buy a Paysafecard voucher and input the PIN number on the website of the payment system to make the deposit. This method is employed all over the world, in Sweden and beyond, and the advantage of this is that Paysafecard slot play becomes convenient as well as instantaneous.
The second method is by signing up on Mypaysafecard, an internet wallet that is in association with Paysafacard. The account gives the users control of PIN and balance. This method works for individuals living in countries where purchasing vouchers directly is not very convenient.
Although Paysafecard usage is limited in post-Soviet countries, this payment method remains a good choice for deposits. Citizens of these countries have usually been forced to use electronic wallets like WebMoney in an effort to purchase vouchers.
Conclusion
Paysafecard is a secure, convenient, and efficient cashless payment system. Due to its high rate of processing, it is most suitable for customers who participate in various online forums and entertainment websites. With good coverage all over Sweden and Europe as a whole, Paysafecard has become a favorite among customers seeking privacy and convenience in online payments.
