If you are looking for a widely accepted deposit method for your betting account then Paysafecard is worth checking out. This is a Pre-Paid payment solution where you buy a voucher with a PIN code from a retail outlet or online. You can then use the voucher to fund your betting account at Paysafecard bookies.
In this impartial review of the best Paysafecard betting sites, you will find out about the pros and cons of using Paysafecard as your preferred payment method. We will also explain exactly how Paysafecard works and we will examine how secure it is as a payment solution. If you have any questions about the quality and functionality of Paysafecard, you will find the answers you are looking for right here!
Top 5 Bookmakers That Accept Paysafecard
- 20 bet
- Paripesa
- HollywoodBets
- 22 beet
- William Hill Sport
Paysafecard – Prepaid and Free To Use!
Using a Paysafecard to fund your betting account has many benefits. It is not as convenient as electronically transferring money, but it is an excellent way to control your spending. You can only spend the value of the Paysafe voucher. Paysafecard is a viable alternative to using an e-wallet or debit card linked straight to their bank account.
Another huge plus for those who choose Paysafe as a payment method is the cost. Using Paysafecard is free if you only use it at betting sites and purchase the voucher at a retail outlet. No fees apply and that has to be viewed as a huge positive.
However, the big negative is that Paysafecard cannot be used to make withdrawals. It is solely available for making deposits so if you manage to place a few winning bets you’ll need another payment method to facilitate a withdrawal.
So, if you are looking for a new way to deposit funds to your betting account, Paysafe is definitely an option worth considering given the low cost. However, the fact that you cannot make withdrawals using Paysafecard means you’ll have to find another way to access any winnings.
How to Deposit at Paysafecard Betting Sites
Making a deposit at Paysafecard betting sites is quick and easy. All you need is your voucher PIN and that is it. As you can see below, with Betfair you need to head for the ‘Deposit’ page and then click on ‘Alternative Methods’. Then you select Paysafecard as your payment method, enter the amount and then follow the instructions laid out below. You can check out our step by step guide to Paysafe deposits below…
- Buy a Paysafecard voucher from a retail outlet or online.
- Pick one of our top Paysafecard bookies and sign up.
- Head for the ‘Deposit’ page and choose Paysafecard as your preferred payment method.
- Enter the amount you want to deposit and then confirm by entering PIN when redirected to Paysafecard site.
- Funds will be available instantly.
Wondering how and where to buy Paysafecard vouchers? Find out in our next section…
How do I buy Paysafecard?
Okay, so what are your options when it comes to buying Paysafecard. There are a number of different ways you can buy Paysafecard, including physically in retail outlets and also online direct from the Paysafecard official site.
You can buy Paysafecard in the following amounts: £10, £25, £50, £100 or £250. If you buy online you will need to register an account with Paysafecard. You can then purchase Paysafecard PINs online by using a credit/debit card or bank transfers.
However, unlike with cash transactions your online Paysafecard online account is subject to a maintenance fee of £3 per month. Fees are also charged for any currency conversions. Other small fees may apply too, check the Paysafecard T&Cs; for full details.
How To Buy Paysafecard Online
- Head to the Paysafecard site and click ‘Buy Paysafecard’.
- Follow the link provided to WKV.com.
- Choose the amount you wish to purchase.
- Select how you intend to pay (Credit/Debit card or Bank Transfer).
- Complete transaction to receive your Paysafecard Voucher and PIN.
Pros of using Paysafecard for Betting Sites
So, what are the key advantages to using Paysafecard for betting sites? Well, we have already outlined quite a few of them. There are no fees when you purchase vouchers in retail outlets, so that is an obvious plus. No betting transactions will appear on your bank statements either, a big advantage for anyone with plans to apply for credit from their bank. You can only use the amount the Paysafecard is worth so it is also a good way to control spending.
- Good way to control spending.
- No fees for vouchers purchased in retail outlets.
- Very secure payment method.
Cons of using Paysafecard for Betting Sites
While there are lots of advantages when using Paysafecard, there are quite a few drawbacks too. You won’t be able to make withdrawals using Paysafecard as it is a deposit only option. It is not as convenient as using an e-wallet, particularly if you purchase in a retail outlet. Buying online is limited to debit cards and bank transfer and some fees apply if you purchase online.
- Fees apply to Paysafecard vouchers bought online.
- No withdrawals available.
- PayPal or other e-wallets cannot be used to buy Paysafecard online.
- Less convenient than many other online payment solutions.
Can I Withdraw with Paysafecard?
No, you cannot withdraw funds using Paysafecard. This is by far the biggest negative about using it as a payment method. If you do deposit using Paysafecard, you will need to arrange an alternative payment method for your withdrawal if you do manage to accrue some winnings. Another withdraw method.
Other payment solutions worth considering for withdrawals include PayPal, Debit Cards or bank transfers. Some betting sites may limit options for withdrawals if you use Paysafecard, so make sure to closely read the terms and conditions before you make your deposit.
I live in a small Georgia town that you most likely have never heard of and I LOVE it! My house is more than full as I am a single mother of four & caregiver to my aging mother and uncle. Lover of all things Outlander. Goes to the beat of her own drum woman.
Barrie says
Interesting article on something I know nothing about. Can you buy Paysafecards in the US? I’ve never seen them in stores before.
heather says
I don’t do any online gambling but this sounds like a good idea. This post was interesting and I will keep it in mind.