The following online betting sites all offer Paysafecard as a payment method for customers from the UK. Paysafecard is a cash voucher based system. To use Paysafecard simply purchase a voucher from a participating shop or garage (look for the Paypoint logo) and then enter the unique Paysafecard voucher code in the cashier section of the betting site.
Paysafecard vouchers can be purchased at over 350,000 high street shops, garages and supermarkets – all of which will display the yellow Paypoint logo. There’s even an app you can download that will show you where your nearest Paysafecard vendor is.
The primary benefit of using Paysafecard is that it offers a way of depositing without involving your bank account – perfect for punters who do not have debit cards, or who want to keep their betting activity off their bank statements.
Paysafecard vouchers are available in denominations of £10, £25, £50 and £75 and can be bought using cash. After you’ve handed over your money, you will receive a 16 digit pin which you use to deposit the money at an online betting site. If you want to deposit an amount larger than £75, you can purchase multiple vouchers and combine up to 10 PINs in a single transaction.
Funds deposited by Paysafe card are available to bet with instantly and do not cost you anything.
Just like other voucher based systems, Paysafecard can only be used to make deposits at online betting sites and not withdrawals. So if you choose to use this payment method you will need to find an alternative source to withdraw your winnings from the site (eg: cheque or bank transfer).
Note: Ukash has merged with Paysafecard.
What is Paysafecard?
We speak a lot about secure payment methods in the industry, but few come with the levels of anonymity that Payesafecard does. You see, for this banking method you don’t need to have any of your details attached to a bookmaker at all. You simply purchase a pre-paid card with which you are given a secure 16-digit number, much the same as a debit card. You use this unique number once to deposit your funds then the number is deleted.
It’s the perfect way to get around certain banking restrictions, and is also attractive for punters who don’t like to have their bank details plastered all over the web.
You’re able to load these cards at dozens of stores throughout the UK and around the world; it’s likely there will be one near you as often post offices and supermarkets distribute them. Once paid for, you simply use your unique number and enter your pin for that Paysafecard.
The only restriction is that you need to be over the age of 18 to use one, and as long as you are able to use the bookmaker in your country of residence you are good to go.
Why use Payesafecard?
Paysafecard offers another form of banking for its users. It’s a little different to an e-wallet in that it’s works more like a gift card that you load. These cards can’t be tracked, you don’t need to enter your personal details, and so it’s more of a pay and play process.
Whilst Paysafecard isn’t the biggest banking method, there are still a number of bookmakers that do allow them, especially the higher profile ones.
One thing that we think you should know is that a lot of bookies won’t allow you to claim welcome bonuses if you use Paysafecard. Since they aren’t able to track the player it means that they can’t keep an eye on who is using the account, and it’s for this reason that bonuses are restricted.
Is Paysafecard secure?
The Paysafecard is about as secure a payment method as you will find. As we mentioned, once you’ve used your card it then expires, there are no log in details that need to be added which makes it almost impossible for the cards to be stolen and then used to violate your account.
Even if you were to lose your card, the worst that would happen is that you would lose the money on that card, as it needs to be loaded in store and with cash. Not a great situation, but much better than someone getting hold of your bank details and therefore gaining access to all of your money.
Any Cool Features?
It’s pretty much what you see is what you get from Paysafecard. Unlike some of the e-wallets and electronic payment methods there isn’t all that much to it – just load your card and off you go.
One thing that is worth mentioning is that a lot of online retailers are now accepting this as a payment method as well. This means you are going to be able to us them for e-commerce sites for online shopping as well as for your betting account.
History of Paysafecard
- Founded in 2000 in Vienna.
- First launched in Austria in 2000 and then Germany in 2001.
- 2002 saw a switch from printed cards to voucher printed cards.
- 2004 saw them launch online.
- Gained licensing from the Bawag PSK and Commerzbank in Germany in 2005, allowing them to provide banking options across Europe, needed by law.
- In 2006 they entered markets such as the UK, Spain, Greece, Slovenia and Slovakia.
- By 2007 the company had exceeded the £10 million transaction mark for the first time.
- Received a license from MasterCard to offer physical cards in 2009.
- First acquisition occurred in 2011, taking over Dutch competitor Wallie.
- Takeover from Skrill went through in 2013 for a fee reported to be worth £130million.
- Skrill Group was acquired by Optimal Payments Group, who rebranded to Paysafe Group in 2015.
- Since 2015, the company have been a subsidiary of the Paysafe Group.