Making a Casino Paysafecard payment – a step by step guide
If you’re after a super-simple, convenient payment method that gives you a level of self-limiting unlike anything else, you should know about Paysafecard. It’s a pre-paid card that works via purchased PIN numbers in various denominations. It’s not tied to a bank account or credit card, purchased at local stores across Canada, and accepted at many of the best online betting sites.
We’re going to give you the full lowdown on using Paysafecard at your online casino Canada, go through everything you need to know for this super convenient payment method, and give you an idea of the casinos that accept Paysafecard 2020.
To get started with using Paysafecard online casino Canada, we have a simple step-by-step guide right here for you for using Paysafecard in its most basic form. For other types of Paysafecard, see the section further on.
- Step 1 – First, register and sign-in at your casino – simply follow the casino’s prompts from their register or sign-up buttons.
- Step 2 – Next, find your nearest Paysafecard retailer – you can do this through the Paysafecard website. Once you’ve found your retailer, out you go to buy your first Paysafecard voucher (you can get them in $10, 25, 40, 50, 75 or 100 denominations).
- Step 3 – Now, back at your Paysafecard online casino Canada – select Paysafecard for the deposit method, add your 16-digit Paysafecard PIN, add deposit amount – and you’re done!
- Step 4 – Paysafecard deposits are instant at most online casinos so your account should show your deposit almost immediately.
- Step 5 – Unfortunately, when you make your first withdrawal at casinos that accept Paysafecard 2020, you’ll find the basic Paysafecard doesn’t accept withdrawals, which means getting a withdrawal through other methods.
Average time for Paysafecard deposits and withdrawals
Getting your Paysafecard deposit into your chosen Paysafecard online casino Canada is a simple matter and practically instant. But there’s also the added time it takes to get out to the shops and purchase your Paysafecard PIN voucher.
The biggest problem with basic Paysafecard is withdrawals. Because withdrawals are not allowed from Paysafecard online casino Canada, you need to set up another withdrawal method, which will take time to verify and then approximately 3-5 days withdrawal time after that, unless you choose bank transfer which is 5+ business days.
Paysafecard verification requirements
When it comes to this payment method, online casinos treat them as Paysafecard gift card for casino Canada. Because the Paysafecard isn’t associated with a bank account or credit card, there is no need to go through the verification processes associated with those methods (uploading scans of ID and residence documents and getting them approved).
So casinos that accept Paysafecard 2020 let you get straight on with depositing using your Paysafecard. However, one issue with Paysafecard is the lack of withdrawal issues with the basic Paysafecard. Because it’s effectively a Paysafecard gift card for casino Canada, you cannot withdraw to the Paysafecard. This means that you’ll need some alternative withdrawal method. And that alternative method may well be subject to verification. To see the sort of verification we mean, see the articles on using a credit card online casino Canada, debit card online casino Canada, or Amex online casino Canada.
The History of Paysafecard
Paysafecard was launched in 2000, and it gave customers a very 21st century way to make online payments. Rather than needing users to tie their online purchases to a bank account or a credit card, you could simply buy a Paysafecard with a fixed value at a physical shop or online vendor. In order to use Paysafecard, you just need to enter the 16-digit PIN number and then enjoy safe, secure and fast payments for a wide variety of goods online.
The Paysafecard project was devised by four Austrian entrepreneurs who realised that there was a gap in the market for a quick and easy way to pay for online products. Such was the success of Paysafecard that it quickly expanded across Europe and worldwide – arriving in Canada in 2012.
Since then, the service has been acquired by Skrill in 2013 and now, with the acquisition of Skrill by the Optimal Payments in 2015 and a brand-name change Paysafecard is part of the Paysafe Group. It has become a trusted and readily accepted payment method as shown by the increasing numbers of casinos that accept Paysafecard 2020.
Paysafecard Compared to Other Payment Methods And Providers
Paysafecard’s really big advantage over other casino deposit methods is its convenience and the fact using it for your Paysafecard casino deposit Canada doesn’t involve all the verification and security checks required from other methods. All you need to do is go out to your local Paysafecard retailer and get hold of your 16-digit PIN to use at any of the casinos that accept Paysafecard 2020. After that, it’s a simple matter of making your Paysafecard casino deposit Canada and getting on with some great casino gaming. But where the Paysafecard comes into trouble is not having a withdrawal option on the basic card, something you can get from most other payment methods, including debit cards, credit cards, and e-wallets such as PayPal, Skrill, or Neteller – you can find out more on those in our e-wallet guides, including the PayPal online casino Canada.
The most popular payment methods – including Paysafecard!
Using Paysafecard at online Casino in Canada is great for its convenience, even with the trouble over withdrawals. And for those who either don’t have credit/debit cards or don’t wish to give bank details over when depositing, it’s a really safe bet for deposits. However, you’ll have to make sure that your Paysafecard deposit is eligible for any casino welcome bonus offers as some casinos have strict requirements. These requirements can usually be found in the bonus terms and conditions, so be sure to look out for them as they’re often tricky to locate!
As for withdrawals, you could simply use a bank transfer to get money out of those casinos that accept Paysafecard 2023. And of course, there’s the e-wallets and standard debit cards and credit cards. But to be honest, Paysafecard is a great payment method for those who either don’t have or don’t wish to use credit cards or debit cards or don’t wish to share too much of their financial information with the betting sites.
Comparing Paysafecard to other popular casino payment methods
So far we’ve been pretty impressed with how Paysafecard offers you lightning-fast deposits and a secure way to manage your wagering bankroll. But obviously, there is no such thing as a perfect casino payment method. Take a look below at how Paysafecard compares against other payment options for funding your casino gaming.
- Credit and debit cards: Paysafecard has a major advantage over credit and debit card brands like Visa and MasterCard. This is because you won’t have to submit potentially sensitive financial information like your card details when you deposit with Paysafecard. However, this comes at the cost of potentially smaller deposit limits with this prepaid card. Plus you obviously won’t be able to make withdrawals of your winnings via Paysafecard. Similar payment systems like NeoSurf or online casino Vanilla prepaid cards have exactly the same difficulties where withdrawals are concerned. If you are still undecided, be sure to check out our guides on credit cards, where we answer questions about Diners Club Card Casino Canada and more.
- Ewallets: Paysafecard and major ewallet brands like PayPal, Skrill, Neteller and EcoPayz all allow you to make instant deposits. They also benefit from not having to give the casino site your banking information. However you might be able to make larger deposits with ewallets, and ewallets will also allow you to make withdrawals. Despite this, some gamers find that Paysafecard makes it easier to set themselves a sensible wagering budget.
- Bank transfers: Paysafecard offers you nearly instant deposit speeds which are much faster than bank transfers (which can take up to three working days) assuming you have an account with a bank allowing online gambling that is. Plus it’s nice to deposit via Paysafecard where you won’t have to give the casino access to your sensitive bank details. However, we should note that if you deposit via Paysafecard, you’ll probably have to withdraw via bank transfer. This is because you won’t be able to withdraw via the prepaid card. Plus you’ll commonly be able to make much larger deposits via bank transfer when compared to Paysafecard.
Don’t forget that there are many other payment options like Interac, Instadebit and iDebit that could offer plenty of benefits for Canadian gamers. Each online casino will treat these payment methods differently, and it’s a good idea to do plenty of research before you commit yourself to making Paysafecard deposits. But on the whole, Paysafecard represents a safe and fast casino payment solution.
Paysafecard FAQ – the answers to your most common questions about Paysafecard!
Using Paysafecard at online casino Canada is a very simple thing, but we still thought you’d like to get the straight answers to some of the most common questions to do with Paysafecard.
Is it legal to use Paysafecard at Canadian Casinos and offshore betting sites?
Too many Canadians worry that online betting, particularly betting offshore, isn’t legal, but that’s not true – as of 2020, online gambling at Canadian casinos or offshore casinos is completely legal for Canadian players.
Can I always use Paysafecard for both deposits and withdrawals?
Unfortunately, Paysafecard only allows Canadian players to deposit but not to withdraw. You’ll have to rely on an alternative withdrawal method, such as debit card or PayPal.
Is Paysafecard secure?
Yes, because the card is not linked to your bank account. All you need to do is keep your Paysafecard 16-digit PIN safe and you’re all good. For this, the My Paysafecard and Paysafecard app keeps the PINs safe and secure.
Can I get casino bonuses when using Paysafecard?
Unfortunately, there are some casinos that accept Paysafecard 2020 that do not allow you to claim bonuses when depositing with Paysafecard. However, this depends on the particular betting site and you should check the t&cs of the bonus for details before signing up.
Where can I buy Paysafecard?
Simply head for the Paysafecard website to find a location selling Paysafecard PIN vouchers or online stores that will also sell you Paysafecard vouchers. Generally, you’ll find Paysafecard for sale at Canada Post, gas stations, supermarkets and convenience stores across Canada.
How to use Paysafecard
Paysafecard is a wonderfully simple way of depositing at online casinos. First, you need to buy a 16-digit PIN for Paysafecard at any of the plentiful Paysafecard retailers and you can use the balance at casinos that accept Paysafecard 2020.
Once you have a balance on your Paysafecard, you can use it as often as you like, until the balance gets to zero. When you use My Paysafecard, you can have several Paysafecard balances at once, all with their separate 16-digit PIN codes, that can be deposited at your Paysafecard online casino Canada.
Paysafecard has a maximum combined PIN transaction of $400. You can also store up to $3,500 in PINs on the My PaysafeCard at any one time and the total value of used PINs in My Paysafecard is $6,000.
Paysafecard fees and charges
You will occasionally find you are charged a standard sales fee for purchase of Paysafecard at a retailer. But after that, there are no transaction charges or fees for using Paysafecard at online casino Canada. It’s that simple.
However, there are two possible fees involved with Paysafecard. The first is a maintenance fee of $2.50 per month for Paysafecard PINs older than 18 months, this is deducted from the balance of the Paysafecard PIN. The second is a currency conversion fee for those online casinos that accept Paysafecard 2020 but do not offer Canadian Dollars as a currency.
Our recommended online casinos for Paysafecard
32Red – multiple award-winning, with a stunning range of casino gaming and sports betting for Canadian players, excellent customer service and a well-earned reputation for excellence. 32Red offers Paysafecard online casino Canada deposits from $10. Unfortunately, Paysafecard deposits don’t count towards bonus offers at 32Red but that’s really the only bad thing about this excellent betting site!
888 – Another well-respected betting site offering casino, sports, and poker. Here you can make a Paysafecard deposit from as little as £10 but as with all Paysafecard betting sites, withdrawals are not allowed unless you are using the Paysafecard MasterCard. The great news is that your Paysafecard deposit is eligible for the 888 welcome bonuses.
Playing safe online – always check the licences!
Using Paysafecard for online casino Canada is a very safe and secure payment method but you should also make sure that you always bet at properly licenced and regulated betting sites. There are very few online Canadian casinos, but when you do play at Canadian casinos that accept Paysafecard 2020 you should ensure that these are properly licenced by their province (for example, Alberta Gaming and Liquor Commission) but as a Canadian player you can bet anywhere in the world – just be sure that the casino is properly licenced. Sites with licences from the UK Gambling Commission, Malta, Gibraltar, and the Isle of Man are excellent, tightly regulated examples.
But you will also find plenty of casinos with licences from the Caribbean islands, such as Curacao, and these are less regulated and more problematic. It’s also a good sign that a site has ECOGRA (eCommerce Online Gaming Regulation and Assurance) membership – this is an international regulatory authority that ensures fair gaming, player protection and responsible operator conduct.
Paysafecard really is a great product for online casino gaming and sports betting, perfect for those of us looking simplicity in our casino payments. It’s fast to use, very easy, and because the Paysafecard used in online casino Canada is not linked to your bank or credit cards, it’s very secure indeed. All you need is to find one of the many local shops selling you a Paysafecard PIN voucher and you’re away!
But this ease of use is slightly flawed because there’s no way to withdraw to Paysafecard. Yes, you can withdraw to a Paysafecard MasterCard, but not so many casinos that accept Paysafecard 2020 will accept this variant, they tend to treat that as a credit card. All of which means that, when you do need to withdraw, you need to set up an alternative payment. However, even with this issue, we still see Paysafecard casino deposit Canada as a great payment method for those of you limited in options or simply wanting more privacy and security.
For more information on casino gambling, make sure to take a look at our other guides. We can help to advise you on online casino Canada legal requirements, among many other gambling topics.