What is Paysafecard?
If you are a frequent visitor at online casinos then you have probably encountered the payment method Paysafecard. You might be skeptical of this payment method you know every little about that’s why we will be breaking it down for you.
Paysafe is pretty much a prepaid card that anyone could use to make a purchase in almost every big box store, corner store, or gas station. Anyone can get their hands on a Paysafecard online, however, this depends on your current location. This payment option lets people make purchases without the hassle of filling out a long-form or pre-approval from any financial institution. The same goes for players at Australian online casinos, they can get a voucher and make a deposit at an online casino of their choice.
Sounds easy know doesn’t it. Yeah, Paysafe is as simple as that. You just have to buy a Paysafecard voucher also known as PIN. These vouchers or PIN are available for sale by Paysafecard retailers, which includes tons of convenience stores and gas stations.
The 16-digit code printed on the plastic card or paper strip is what we refer to as the PIN. This 16 digit code is one of a kind and it is responsible for activating the Paysafecard on purchase. That said, PINs come in a fixed value, so you can get a PIN that’s worth $10, $20, $50, and $100 with no extra charges or commissions deducted.
The PIN is a legit online payment option at many online casinos in Australia. Australian online casinos both far and near accept Paysafecard as viable payment options on their platform. The PIN’s 16 digit is what you make a deposit at online casinos using Paysafecard.
Our team at pokiesbestau.com provides an extensive list of the best Paysafecard Australian online casinos with lucrative bonuses for Aussie players.
How Does Paysafecard Work?
Paysafecard operates similarly to any other credit card, with the exception that it is generally known, meaning you can buy it virtually anywhere. Don’t panic if you don’t know where to get your Paysafecards! Paysafe has created a store locator to assist you with this task. The payment system is now available in over 46 countries, making it one of the most common banking systems in the gambling industry. Furthermore, the majority of the online casinos operating globally accept it, so you won’t have any problems depositing with real money.
The very first thing you should do is obtain a Paysafecard. As previously mentioned, you can do this at any grocery store near your home. You can also get them online, depending on where you live. The cards are available in denominations of $10, $25, $50, and $100, and can be purchased with real money. You can even start stockpiling them and use them in many of the same transactions. Every card has a 16-digit PIN code that you must enter to validate your deposit at the casino of your choice.
Please keep in mind that since you are buying Paysafecard vouchers with real money. You don’t have to fill out lengthy forms or reveal your financial information, enabling you to remain anonymous.
How to make a Paysafecard deposit at Australian Online Casinos?
Upon buying your prepaid voucher, you must locate a casino that allows Paysafe deposits. That will not be tough, and we have checked several casino platforms to get you the best. After deciding on the best Paysafecard casino for you, you must sign up and proceed to the cashier. At the cashiers, you will be able to pick Paysafecard as your chosen deposit option.
Then, select the sum you want to deposit and validate it with the 16-digit PIN found on your voucher. Please keep in mind that you don’t have to use the amount you pay on your card. Any funds remaining in your Paysafecard will be used for potential withdrawals or transactions. The funds will be transferred in a fraction of minutes and will be accessible via your tablet or smartphone, whichever you prefer.
How to withdraw your funds using Paysafecard
Paysafecard, like most prepaid card networks, is not a great option for fund withdrawal. This is obviously bad news for Australian players; however, there are several alternatives to Paysafecard approved by the majority of online casinos. Among the most common alternatives are:
Skrill, Neteller, and EcoPayz.
Fees & charges
Paysafecard, in addition to being a very secure payment solution, places itself as a basically free service. There are no payments associated with PIN transfers. Nonetheless, there are certain fees that you should be mindful of even though you are unlikely to pay them.
On Paysafecard’s website, in the Fees & Limits section, there are three minor charges that include:
a recurring monthly maintenance charge deducted from the value of PINs that begins 12 months after the purchase of a PIN, that is, on the 13th month;
If a transaction entails the exchange of PINs into foreign currencies, a conversion charge is deducted from the value of the PINs.
When you ask Paysafecard for a cash refund of the balance value of your PINs, you will be billed a redemption fee.
The tale about PINs seems to be too good to be true, but it is true, confirmed, and validated. However, there is one thing you should be mindful of. There are limitations on the overall and monthly worth of PINs in your hands, as well as one-time PIN purchases and transfers. These limitations, as well as payments and other important requirements, vary from time to time. So, it is critical to review the Fees & Limits section of the service website before engaging in any PIN-based transaction.
The Best Australian Online casinos that Accept Paysafecard
Listed below are the best online casinos that allow australian players to make deposits and withdrawals on its platform.
Pro and Cons of Using Paysafecard
Paysafecard is potentially one of the best payment options open to Australian gamblers outside of the conventional banking system since it does not require any acts that might possibly be targeted by criminals. It is also the least expensive choice since there are no costs involved with using PINs.
Paysafecard is another useful way to keep track of your gaming expenses: it is a prepaid tool, but you can not go over the cap set by the service, and you will have to go out or find an online store to buy more PINs while staying under the limit set by the service.
While it does not seem to be an appealing choice for high rollers, those who love gambling for fun and value privacy and protection usually consider Paysafecard to be a very good option. Don’t forget to search your favorite online casino’s Banking website – if it accepts Paysafecard, it can give you a nice bonus on Paysafecard deposits.
There are some disadvantages to the service that must be considered:
While it is not as widely popular as Visa or MasterCard, the number of casinos accepting Paysafecard is growing, and you can still monitor it with pokiesbestau.com.
When it comes to depositing, it is unrivaled in terms of protection and simplicity. But when it comes to withdrawals, it is on par with most options: you must use your bank account. However, your gambling preferences determines the consistency of the service, not by the service itself. Paysafecard sets limitations on purchases and balances in your hands, so it is unlikely to be suitable for high rollers. As they will be better off using alternatives featured on pokiesbestau.com.
Paysafecard is an excellent payment system popular in the majority of online casinos worldwide. And if you live in a complex gaming jurisdiction, there are many online casinos that embrace Paysafecard. As for Aussie players, Paysafecards are available at plenty of the online casinos in the online gambling industry. So, players can rest easy and try out this easy method for depositing funds into their casino account.
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