You might not believe it, but Paysafecard has been around for almost 30 years. It was the brainchild of an Austrian start-up concept, yet in a matter of no time, it turned into a digital payment revolution. Back then, paying online without revealing your card information was out of the question – and certainly not safe. Paysafecard changed the means by which one could safely and anonymously pay with a prepaid PIN code, and it is especially favored as a Paysafecard casino payment method among players concerned about privacy and ease.
Paysafecard is part of Paysafe, a global payments platform with over 25 years of experience in online payments. The company combines consumers and merchants with 260 payment options in over 40 currencies, processing $140 billion USD in yearly transaction volume in 2023. Paysafe has around 3,200 employees in over 12 countries and provides solutions focusing on mobile payments, real-time analytics, and uniting physical and digital payment environments.
Paysafecard is a prepaid payment system in which you buy a 16-digit PIN code which can be used to make secure payments using most major shops, including Paysafecard internet casinos. You don't need a bank or credit card account, and the system is certified to stringent protection criteria, including PCI DSS.
It is easy to get started with this payment system. Here, I explain how you can pay securely and anonymously on the internet using Paysafecard.
How to Use Paysafecard for Online Payments
You can get it in many different ways, and it is a straightforward procedure:
Buy a Paysafecard
A Paysafecard is a value code, or "voucher", that you can purchase for cash or with a debit/credit card. You choose how much – for example, 100 DKK, 200 DKK or more.
There are two ways to purchase a Paysafecard:
- Physical purchase: Go to a store such as Føtex, Bilka, or a kiosk where you can buy Paysafecard. Ask for a voucher of your chosen value. You need not provide your name, email address, or other personal information. You pay and receive a receipt with a 16-digit code – that's your voucher.
- Online shopping: Alternatively, you can also buy a Paysafecard online from a certified online merchant (e.g., on paysafecard.com). You will usually be requested to create an account and enter an online banking or payment card. On receipt of the purchase, the 16-digit code will be shown on the screen and/or sent to you by e-mail.
Receive Your Code
If you buy the card from a store, the code appears on your receipt. If you shop online, it appears on the screen or is sent by email. The 16-digit PIN code is your electronic "cash payment."
Pay Online with Your Code
When you are ready to pay online, then you can easily choose Paysafecard as your payment method at the shop or service who will accept it. Put in your 16-digit PIN code on your Paysafecard and pay the amount. The transaction is completed immediately, without having to disclose personal or financial information.
Advantages of Using Paysafecard at Online Casinos
- High security and anonymity: When playing at a Paysafecard casino, you’re not required to share your bank or personal details. This makes it an appealing option for users who want to gamble safely and anonymously, whether it’s at an online casino or in an app.
- Better budget control: Paysafecard is prepaid, and therefore you can only load the amount onto the voucher. For example, you might load 100 DKK or less. This means that you can avoid overspending and is also more able to control your gambling budget – ideal if you are new and get a welcome bonus on your initial deposit.
- Can be used for withdrawals and deposits: If you create a MyPaysafecard account, not only can you deposit, but you can also withdraw. This is a significant benefit at Paysafecard casinos that offer it – and plenty of the top Paysafecard casinos.
- Widely accepted in many online shops and casinos: Paysafecard is not only common at casino sites that accept it but is also used by thousands of webshops. Increasingly, online casinos with Paysafecard are integrating live casinos, slot games, and mobile-friendly platforms, making it easy to play from your smartphone.
- Mobile accessible with simple-to-use app: Pay in a few taps using the MyPaysafecard app, and have everything at your fingertips. Save codes, check transactions, and make secure payments directly from your phone – whether at a €5 Paysafecard casino or a €10 internet Paysafecard casino.
Drawbacks and Paysafecard limitations
- No withdrawals if you don't have MyPaysafecard account: The primary drawback is that casinos typically do not permit direct withdrawal using Paysafecard when you don't possess a MyPaysafecard account. In this case, you will need to choose an alternative option to withdraw your winnings.
- Not all foreign casinos take the method: If you have a play at an unlicensed Danish casino, you can find that not all take Paysafecard. In such cases, better safe than sorry and you should ring the Gambling Authority's helpline if in doubt.
- Lower per-transaction limits: While great for frugal gamblers, the highest per-Paysafecard voucher limit may be limiting for big-time rollers. The majority of Paysafecard deposit solutions carry a maximum of roughly $1,000, which may fall short if you wager heavily.