Paysafecard is a prepaid deposit method that requires no bank account, credit card or even credit history. A little cash is all you need to buy your own Paysafecard and then go play online for real money. It also happens to be one of the safest ways to bet online due to its near anonymous nature.
My purpose with this page is to rank the best Paysafecard betting sites according to ease of depositing and reputation for security. Dozens of online bookmakers and gaming sites accept Paysafecard, so there’s no lack of options. In fact, all the best betting sites in general already accept Paysafecard deposits.
How to Play with Paysafecard
Paysafecard vouchers are sold at more than 500,000 locations around the world. You can find them at most petrol stations and similar places or just visit this page to find a location near you. The odds are you’re not more than a few minutes away from a place that sells Paysafecards.
You can purchase a Paysafecard voucher with cash or a credit card, and in return you’ll get a ticket with a 16-digit PIN printed across the front. Store this voucher someplace safe because you will need it to redeem your funds. Next, visit your favourite betting site and select Paysafe card as your deposit method. Type in your 16-digit number when asked and the funds will be credited to your account instantly.
Simplicity is the big selling point of Paysafecard. Once you know where to purchase one, the rest is easy. You don’t need to sign up for any third party accounts or give anyone your banking information. Just buy the card, go home and redeem it online.
However, you do have the option to sign up for an online account if you end up using Paysafecard frequently. This account is completely optional, but it does come in handy because it can be used to combine multiple vouchers, track your spending and accumulate loyalty points that you can redeem for free gifts from the PLUS Shop.
Fees and Limits
Fees: Paysafecard is free to use as long as you use your card within 12 months. If you keep a voucher for longer than 12 months without using it all, they will start charging a £2 per month fee.
Limits: You can purchase individual Paysafecards in any of the following increments and may combine up to 10 cards for a maximum single deposit limit of £1,000 per transaction.
- £10, £25, £50, £75 and £100
- €10, €15, €20, €25, €30, €50 and €100
The Security Advantage
If you follow the news with any regularity, you are probably already well aware of the problem hackers present for banking institutions and merchants around the world. It seems every day another credit card company or finance firm reports yet another “data breach” and subsequent identity theft concerns.
Sometimes you just have to wonder if the only answer is to revert to old fashioned cash for all transactions. No matter the advances in data security, there will always be some level of risk when we connect our payment information to the internet. It’s almost to the point where we just take comfort in the safety of numbers, much like a herd of zebra preparing to cross crocodile-infested waters.
Well, Paysafecard is the modern day equivalent of paying with cash. It’s just as safe as cash, but it can be used to purchase things online and make deposits to betting sites. Prepaid vouchers such as Paysafecard provide the optimal balance between security and usability.
The biggest risk you face when using Paysafecard comes in the form of losing the actual voucher. Paysafecard works just like cash, and you have to have physical access to your voucher to use it. If you lose the voucher, someone else could easily pick it up and spend it (although you can have lost Paysafecards frozen if you still have the PIN).
The price you pay for this security is a lack of convenience. The biggest downside to using this deposit method is the fact that you have to get up off the computer chair and go purchase Paysafecard vouchers in person. The good news is that you’re probably not far from a sales outlet. They sell these things all over the place.