Paysafecard is a pre-paid voucher payment method that allows you to pay for things online using a 16 digit PIN, without ever giving your bank details. You can buy one of these pre-paid vouchers in newsagents, convenience stores and major supermarkets like Asda and Tesco.
There’s even a Paysafecard MasterCard that acts as a normal debit or credit card and an app so you can track your balance and top up your account with PINs.
You can also buy a Paysafecard voucher using cash and use it online without ever giving a third party your bank details. But why should you use Paysafecard to deposit on online bingo or casino sites?
No debit or credit card required
You only need your 16-digit Paysafecard code to make a deposit on a bingo or casino site, allowing you to avoid sharing sensitive financial and bank details. You can even buy vouchers with cash, negating the need to ever pass your details on to a third party.
You can buy Paysafecard vouchers from thousands of convenience stores and supermarkets around the world, including Asda, WH Smiths and The Co-Op. Any store with a PayPoint kiosk can sell you these vouchers, but you can check the Paysafecard website for a detailed list of outlets near you.
Easy to track your gambling spend
As Paysafecard vouchers can only be bought in amounts of £10, £25, £40, £50, £75 or £100, it’s easier to know exactly how much you have spent on online bingo or casino sites. You cannot keep topping up from a debit or credit card either, so it’s harder to chase losses or spend more than you intend to whilst gambling.
Unlike eWallets like PayPal, Neteller and Skrill, Paysafecard vouchers are like cash. If you lose the voucher with your PIN on it, the money is lost with it! If you sign up to the Paysafecard app then you can store your PINs there, which helps.
Annoying withdrawal restrictions
Before committing to using Paysafecard you should check whether the online bingo or casino site you want to play on supports Paysafecard withdrawals. If not, you may have to add another payment method to withdraw.
If the site does support Paysafecard withdrawals, then you should be aware that the maximum you can payout from retailers is £250 a month, which means if you win big you may have to wait a while to withdraw all your winnings.
Exclusion from bonus offers
Depositing using an eWallet or Paysafecard can stop you from claiming bingo welcome offers. Check the T&Cs of your chosen Paysafecard bingo site before signing up if receiving a bonus matters to you.
Unlike other eWallets and online bingo payment methods, Paysafecard does not require you to give any of your personal information away to make a transaction, making an most anonymous way of making payments online. For this reason, the risk of fraud for Paysafecard users is nearly non existent.
To withdraw your winnings to Paysafecard from eligible bingo sites, you will need to sign up for a free account with My Paysafecard. My Paysafecard is an online payment account that stores your voucher PINs to help you avoid losing them. You can also pay using just your username and password to make transactions quicker and hassle-free.
For players who want to play slots and casino games online but prefer to pay for things in cash and track their finances that way, Paysafecard offers that option.
You can buy Paysafecard vouchers at any retail outlet that offers a Paypoint kiosk. For a full list of outlets near you, you can visit the Paysafecard website. When you’ve found a store, here’s how you buy them.
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Max has written news & content online for nearly 10 years. As the editor of Online Bingo, Max is writing and editing the site's gambling content and also writes video games content for LootPots.
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