Paysafe

The name Paysafe should ring a bell for any experienced casino member. The payment company is responsible for many of the most popular banking options used in the industry. As such, the brand has become a must-have for any online casino worth it’s salt.

Paysafe’s numerous payment methods offer a convenient way to fund your casino accounts. Adding and removing money is remarkably straightforward, ensuring even newcomers can easily use Paysafe’s service. Best of all, all the company’s payment solutions provide top-notch security, ensuring zero-risk transactions for users.

All things considered, Paysafe gives us many reasons to recommend it. Keep reading to learn more about the service and all it can offer to online casino members.

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About Paysafe

With over twenty years of experience, Paysafe is one of the largest and most flexible online payment companies. Through its own solutions and well-timed acquisitions, the group was able to deliver many high-quality payment services. E-wallets, prepaid vouchers, and cash payments are at the core of Paysafe’s unique offering.

Casino-goers can take advantage of several Paysafe products in online casinos, such as Neteller, Skrill, and Paysafecard. The latter is best known among players, allowing them to fund their accounts with cash. Meanwhile, Skrill and Neteller are traditional digital wallets that support payments with numerous fiat and cryptocurrencies. Each banking option has upsides and downsides, so pick whichever suits your needs best.

Target Markets

Paysafe has a global presence, employing over 3,000 people in 12+ locations. The company can easily cater to multiple markets, though it primarily focuses on North America, Europe, and Latin America. If one of its services is not available, do not fret! Odds are another payment solution will cover the region you are interested in.

Paysafe Account

There is no one-size-fits-all Paysafe account to cover the company’s many services. Some, such as Paysafecard, do not require an account at all! You only need to buy the voucher and use its code to transfer funds. However, Neteller and Skrill both require you to open an account to pay with them.

Paysafe can be used for online payments to gambling sites

How to Deposit with Paysafe?

The deposit process is slightly different for the various solutions Paysafe offers to casino members. The initial steps are identical for each banking option. Players have to access their casino account and select Paysafecard, Skrill, or Neteller from the cashier page.

For Paysafecard, members must type in the sixteen-digit PIN code on their voucher. After hitting the deposit button, the funds from the coupon will be added to their casino balance. Meanwhile, Skrill and Neteller require players to log into their respective accounts to authorize the deposit.

How to Withdraw with Paysafe?

As a voucher, Paysafecard cannot be used to withdraw funds. That means cashing out with Paysafe means withdrawing to your Neteller or Skrill account. After logging into the casino, go to the cashier page, navigate to the withdrawal section, and choose one of the payment methods mentioned above. Enter how much you wish to cash out and follow the instructions displayed by the casino. After starting the withdrawal, all that’s left to do is wait for the funds to arrive.

Transfer Times, Fees, and Security

Fast transactions are a point of pride for Paysafe and one of the things that set it apart from other payment solutions. All its banking options support instant deposits, meaning there’s no downtime between paying and playing. Withdrawing money is slower, as users have to wait for their online casino to process and approve the cash-out request. Once that completes, you will see the funds immediately transferred to your Skrill or Neteller balance.

Generally, Paysafe’s payment methods do not charge fees to use its service. However, some online casinos may impose an extra cost when paying with Skrill, Paysafecard, and Neteller. We recommend checking the gambling site’s banking section and T&C to see if these fees exist before adding or removing money.

Security is paramount to Paysafe’s payment solutions. Paysafecard is the most secure option, as you buy it with cash: meaning your online banking information is never exposed. Its e-wallets offer several safety features to prevent unauthorized access, including two-factor authentication.