Prepaid cards are recommended to those who plan on competing over the Internet in online casinos, but are concerned about the prospect of lengthy downswings. The biggest threat is posed by the fact that sometimes players wager more than what they can afford to lose.
The Paysafecard is a payment method that mitigates the risk, because the users only have access to the resources available on prepaid card. What is Paysafecard? The company was established in 2000 and now has the headquarters in Austria, with 14 years of existence and a total of 37 countries.
At least in theory, more than 1 billion customers have access to their services, with the vast majority of users being those who shop online. There are thousands of places to purchase services and goods and these prepaid cards are preferred by those who spend money on online entertainment.
Casinos are just some of the places where users will benefit from using prepaid cards to mitigate the risks, but Paysafecard is useful on other occasions. Those who don’t want to have their credit cards overcharged or are terrified by the perspective of fraud, will find the peace of mind when using these systems.
They simply purchase prepaid cards of different values, depending on how expensive the product or service they need, without fearing that a third-party will gain access to their bank account. Paying with Paysafecard in an online casino Prospective customers need to purchase the Paysafecard from one of the numerous outlets selling them and can use the funds right away.
Those who plan on spending the money in an online casino, will find this deposit option among the credit cards accepted. The number of online gambling operators who chose to include this payment method increasingly high, so there are no compromises to be made and players don’t have to settle for subpar casinos.
After the 16 digit number of the credit card is entered, the online account will be funded with the corresponding amount while the prepaid card will be rendered useless.
Unlike regular shops, which allow customers to use several Paysafecard debit cards and their corresponding PIN codes to purchase a product, online casinos demand unique transactions. On the bright side, it is possible to use as many prepaid cards as you wish, when you plan on depositing more money to your online casino account.
Withdrawing with Paysafecard in an online casino It comes as no surprise that Paysafecard is not a valid option when it comes to withdrawing funds from online casinos, since they are prepaid cards. The plastic is rendered useless after making the deposit, so players need to find an alternative for cashing out.
Visa credit and debit cards as well as numerous e-wallet are allowed by online casinos and they wave the withdrawal restrictions that require a deposit to be made using the same payment method, when it comes to Paysafecard cards.