When visiting a non GamStop casinos, it is of the utmost importance to choose the right payment method. Issues such as transaction speed, security and transfer limits for deposits and withdrawals are essential for many players in the UK. In relation to all of these points – and many more that will be addressed in the course of this article – there are considerable differences between the providers.
When the keyword “anonymity in the casino” is mentioned, the name Paysafecard is often one of the first to be mentioned. The company behind the popular prepaid card promises its customers maximum protection, privacy and security in the online casino. This is primarily due to the modern structure of the system. Everything else there is to know about it is all included in this overview.
Despite the fact that the company behind Paysafe has existed for over 20 years, it has easily made the leap into the digital age. Paysafecard has received a large number of awards and accolades since its founding – including: the “Pay Before Awards Europe” in 2013.
The Paysafecard logo stands for a secure payment method for customers in casinos, like Slots Amigo. The prepaid method on which Paysafecard is based is still one of the special features on the market. Hardly any competitor can compete with Paysafecard in this sector.
Nevertheless, when using this increasingly popular payment service provider in casinos, a few steps must be taken and a few things taken into account to prevent misuse. In this article, we address frequently asked questions and describe who is behind the credit cards, which aspects need to be considered when making payments to the casino and what other options are available.
About the Company Behind Paysafecard
The Paysafecard payment logo was created in 2000 and originated not in the UK, but in Austria. Since the company was founded, the logo has been successfully exported to many countries around the world. It is now available in 46 countries. Since 2015, the logo has been part of the Paysafe Group, which includes a number of major brands such as Neteller and Skrill.
Paysafecard is a digital payment provider that works on the prepaid principle. Before the payment process, a card with credit must be purchased. This can then be used to pay online. The card can be purchased in selected stores and contains a 16-digit number that is required to complete the payment process in the casino.
Paysafecard: A History of Growth
From tranquil Vienna, the logo and the Austrian company behind Paysafecard have continuously developed. In 2007, Paysafecard was already able to record 10 million transactions. Shortly afterwards, transfers were granted for the European area and newly regulated. Since 2009, Paysafecard has been operating successfully on the international market and has expanded to other continents.
In the last few years alone, several strategic partnerships have been concluded on the international market that have caused a stir. The Paysafe Group, to which Paysafecard belongs, recently entered into a cooperation with the well-known FOX Bet logo. Together they now offer their customers the option of paying using Paysafecard. Paysafe has also hinted at a cooperation with Microsoft. This is a foray into the video games sector. It is currently possible in more than 20 countries to make a payment using the Paysafecard logo via the Microsoft Store on the Xbox.
The Expansion Continues
Why doesn’t Paysafe simply stay in the online casino market? Well, the US market for betting providers and video games is still one of those with the most growth potential. Since online betting was legalized in 2018, the industry’s sales have risen. The video game sector is one of those that has been growing steadily for decades anyway.
There is a lot to be said for Paysafecard. For several years now, there has been a trend away from traditional banks and credit cards and towards electronic service providers. One reason for this is the “digital native”, young people who grew up with the Internet and for whom the use of e-wallets and the like to process online payments is a matter of course. The unique selling points of the Paysafecard in terms of security and anonymity in casinos do the rest and ensure that the provider is becoming increasingly popular for deposits and withdrawals of real money in all areas.
As a prepaid code
The fact that Paysafecard is a prepaid card gives the payment method its high value. No personal data needs to be entered here. The card can be purchased at supermarkets such as Rewe or ALDI, at the post office, at lottery outlets and at most petrol stations. There are around 600,000 sales outlets in the UK alone. If there is no such location in your immediate vicinity, you can buy the Paysafecard online.
As an online account
Alternatively, the company offers a purely digital account registration on its Paysafecard online website. This makes it possible for Paysafe to compete with the conventional payment process of other providers such as Skrill or PayPal. An additional Paysafe card is no longer required here. Increased payment limits in the casino of up to €1,500 apply to the online account. Most online shops and gambling operators now offer corresponding access points so that you can pay directly with Paysafecard.
Security & trustworthiness
Prepaid models such as Paysafecard are considered to be the safest on the payment system market. Neither the entry of personal information nor the manual typing of login data via the browser are required. Hacker attacks on websites or user accounts prove to be useless. Any credit card data is also not at risk in the online casino. Paysafecard works completely decentrally and is independent of the credit card, banks and e-wallets. Only the user of the Paysafecard has access to the amount of money associated with the card.
Paysafecard PIN
When you buy a Paysafecard, a PIN is issued. Payments only work after entering this number. The money on the card cannot disappear unless the PIN falls into the wrong hands. The operator of Paysafecard also assured us in the live chat that no information will be passed on to unauthorized third parties. If the Paysafecard is lost, unlike a credit card, only the balance on it is lost. A new Paysafecard can be purchased at any time, which will be provided with new credit and a new number.
