What is Paysafecard?
In the year 2000, a company called Paysafecard was founded in Vienna. With EU funding, Paysafe expanded its operations to encompass Slovenia, Greece, Slovakia and Spain before ultimately launching into the United Kingdom.
Digital casino payments service Skrill bought Paysafecard in 2013. As a result of the industry-changing transaction, Skrill was able to make use of Paysafecard's large offline distribution network. Skrill was purchased by the Optimal Payments Group, which renamed it Paysafe Group, two years after the acquisition.
In the present day, there are more than 500,000 Paysafecard retail outlets globally. Many online casinos in NZ and other regions also take Paysafecard as valid payment, although their coverage is not quite as wide as some of Paysafecard's other competitors.
How Does Paysafecard Work?
Online purchases may be made using Paysafecard, a prepaid card. Personal financial information such as credit card or bank account numbers is not required when depositing or removing money.
A 16-digit Paysafecard PIN can be purchased for any of the following amounts: $10, $25; $50; $75; or $100 can be purchased from Paysafecard outlets . At a PayPoint, the maximum amount you may buy is $175. This 16-digit number can be used to make an online purchase from one of the many thousands of online businesses or to make a deposit at an online casino.
Once you've received your 16-digit Paysafecard PIN, create a new online account called my Paysafecard. By storing your purchased PINs in this way, you can ensure the security of all of your information. Payments to online casinos may be made using your Paysafecard username and password, once you've signed up for an account.
If you add several Paysafecard PINs to your account, you may access all of your online account's funds with a single login. After that, you should be able to find a Paysafecard option. Once you select this as your preferred deposit method, you will be able to fund your player account.
Is it safe to use Paysafecard?
Having "safe" in the name of a service does not imply that it is safe in practice. Instead of requiring personal information like a bank account number, Paysafecard ensures the highest level of security. There is no risk because no sensitive data may be intercepted during online transmission.
Playing at Online Casinos using Paysafecard
Paysafe features costs that are either non-existent or incredibly low when it comes to real money gambling deposits. It is free to deposit money into an online casino. It's free to have a Paysafecard account online, but there is a $3 fee if you want to keep your pin secure.
This will be withdrawn from your account on a monthly basis. If you make a Paysafe deposit at an online casino located outside of your home country, you may be charged a currency conversion fee. Most UK-based online casinos offer Paysafecard as a form of payment. Aside from casino payment platforms like PayPal and Neteller, the group has considerable internet and physical reach.
Paysafecard withdrawals are currently unavailable. You'll need a separate method to withdraw your earnings from an online casino. With so many options available to players, this shouldn't be too difficult. If you're unclear about which casino payment option to use, check out some of the other NZ payment methods we have reviewed.
Our Final Thoughts
Paysafecard outperforms most other deposit/withdrawal schemes. No fees and rapid cash transfers are included with this service. New Zealand casino players on mobile will appreciate the easily-accessible mobile deposits. To summarise, we've listed a few of Paysafecard's pros and cons.
Pros
Easily accessible with thousands of outlets
Transactions are fast and secure
- Fully licensed in New Zealand
Cons
- Coverage not as wide as competitors
- Requires monthly payment for account maintenance
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Paysafecard Casino FAQs
Can I use PaysafeCard at online casinos?
Yes, you can use PaysafeCard to deposit and withdraw winnings at online casinos in NZ, that accept this as a payment method.
What online casinos accept PaysafeCard?
The majority of online casinos available to New Zealand players accept Paysafecard as a payment method. We have compiled a list of the top Paysafe casinos that you can check out.
