Making a Payment With Paysafecard – Step by Step
If you’d like to use a Paysafecard at an Online Casino in Canada, registering is as simple as this:
1) Opening an account
If you check our comparison list of casinos that accept Paysafecard in 2020, you’ll notice that none of them cost anything to join. Simply click the register/join button (usually found in the top right corner) and enter your personal details.
2) Verifying your identity
Since different gambling sites operate under different licenses, it’s common to be asked to verify your age, and sometimes your location. This is the Know Your Customer (KYC) process, and usually involves sending copies of identification documents to the online casino’s customer service department.
3) Making a deposit or withdrawal from the online casino
Once your details have been verified, you can select a payment method. Paysafecard should be listed along with other popular options. Select it and enter the 16-digit code from your card to deposit money into your online account. Unfortunately, one disadvantage of using a Paysafecard at an Online Casino in Canada is that it can’t be used for withdrawals.
Average Time of Paysafecard for Deposits and Payouts
Anyone using a Paysafecard at an Online Casino in Canada should know that Paysafecard casino deposits for Canada websites are easy and fast. However, the first thing to be aware of if you want to use this payment method, is that you’ll need to buy a Paysafecard from a relevant retail outlet.
Paysafecard is a gift card for casinos in Canada, effectively, so it needs loading up with money before you can then deposit that money online. However, once you’ve done this, it’s possible then to set up a My Paysafecard account, which can then be used to deposit into a gambling account.
Deposits with Paysafecard at an Online Casino in Canada are instant. That’s the good news! If you’re looking for the best online casino payouts, or a payment option that allows instant withdrawal from a casino in Canada, then it’s time for the bad news. Since Paysafecard works more like a voucher, it can’t be used as a withdrawal method, so you’ll have to select a different option to claim any winnings.
Paysafecard Verification Requirements
Normally, when you’re gambling at a reputable online casino like any of the ones mentioned on our comparison list, they’ll implement some form of Anti-Money Laundering (AML) protocol. Often, this involves requesting a financial document like a bank statement to prove where your money is coming from.
Although this is fast becoming an industry-standard protocol, it does add to the processing time for payments. The good news is, if you’re using Paysafecard at an Online Casino in Canada, you don’t need to go through any of this.
How come? Casinos that accept Paysafecard in 2020 don’t need to check this payment method because Paysafecard isn’t linked to a credit card or bank account. That’s one of the main reasons why it’s so popular. Few other payment types offer the same level of ease and convenience.
The History of Paysafecard
It’s not difficult to find casinos that accept Paysafecard 2020, but it wasn’t always this way. Paysafecard came into existence in 2000, when four friends came up with the idea to create “cash for the internet.” The notions of cryptocurrency and eWallets were still being formed, so Paysafecard had practically no competition in the beginning.
The Paysafecard presented an elegantly simple way to conduct transactions: customers could visit a participating store and buy a physical card. Doing so loads the amount they pay (eg. $50) onto the card itself. Each card comes with a 16-digit number, and when this is entered into a relevant website, a sum of money is taken from the card to pay for the goods or services. Any remaining money can then be used with the same 16-digit number.
In 2002, the company also started to offer the Paysafecard as an e-voucher, making it even easier to use. 2005 and 2006 saw funding from the European Union help the company branch out across Europe, where it became operational in countries like Greece and the UK.
2007 was a banner year for the company as Paysafecard reached 10 million transactions. This was then followed by further global expansion, where Paysafecard became available in more countries, including France and Switzerland.
The expansion of Paysafecard continued apace for the next few years, finally arriving in Canada in 2012. Soon after, the My Paysafecard online account management section of the service was launched, making it even easier to use a Paysafecard at an Online Casino in Canada.
Every year has seen some kind of impressive milestone, and now casinos that accept Paysafecard in 2020 are commonplace. So much so that using Paysafecard as a gift card at a casino in Canada is also a viable option.
Paysafecard Compared to Other Providers
If you want to deposit money with a Paysafecard at an Online Casino in Canada, you’re guaranteed ease of use. Since you load up the card beforehand, and it’s not linked with your bank account, there are no additional security checks to worry about. Plenty of casinos that accept Paysafecard in 2020 also allow instant deposits.
In truth, if you eyeball our handy comparison guide to online casinos, you’ll find plenty of other payment methods that have instant deposit times. Where Paysafecard has the edge over these is the aforementioned lack of additional checks or fees.
Where using Paysafecard at an Online Casino in Canada falls down, unfortunately, is withdrawals. Although My Paysafecard functions in a similar way to an eWallet, it isn’t actually an eWallet, which means it’s incapable of receiving money. Therefore, casinos that accept Paysafecard in 2020 only accept deposits.
Most Popular Payment Methods
Using Paysafecard at an Online Casino in Canada is undoubtedly one of the best payment methods there is, despite the disadvantage with withdrawals as listed above. For example, many gamblers consider the lack of extra time spent on verification a boon, as they can get on with the fun of wagering.
However, even if you use Paysafecard at an Online Casino in Canada just for deposits, there are still plenty of reliable payment options you can use to handle withdrawals. Let’s take a look at a few now.
We mentioned eWallets above, and companies you’re liable to find covered by online casinos in Canada include Neosurf and MuchBetter. Then there’s Interac, Canada’s leading payment system that’s compatible with a vast range of credit and debitcard at an Online Casino in Canada.
Lastly, if you check out any of the casinos that accept Paysafecard in 2020 listed in our comparison guide, you’ll find they also offer online casino bank wire transfer in Canada and options to use a creditcard at an Online Casino in Canada, such as Visa and Mastercard, which are always worthwhile but do involve transaction fees.
Even though using Paysafecard at an Online Casino in Canada is such a straightforward process, we’ve compiled five of the most frequently asked questions just in case you’re still not sure about using this payment method.
How secure is Paysafecard?
Making a deposit with Paysafecard at an Online Casino in Canada is one of the safest possible payment options around. Since the card isn’t linked with your bank account, you don’t need to worry about any kind of fraudulent activity.
Plus, the only way to use a Paysafecard is by inputting the 16-digit code that’s unique to each card. The fact that it’s 16 numbers makes it even harder for anyone to figure out.
How many times can I use a Paysafecard?
Once a Paysafecard has been topped up, it can be used as many times as you like until the balance is zero. This means, for example, you might make a deposit at an online casino and then spend the remaining money on a different site, using the same 16-digit code.
We would hasten to add, however, that when Online Gambling in Canada, many casinos that accept Paysafecard in 2020 have minimum deposit amounts. So, always make sure you have enough money on your Paysafe prepaid card before selecting it as the deposit option on any gambling site.
Can I use my Paysafecard to claim any bonuses?
The answer to this question depends entirely on online casinos that accept Paysafecard in 2020. From our experience and tests, if there’s any kind of barrier to claiming a bonus it’s using an eWallet. Many gambling sites have welcome promotions, but they don’t work if you make a deposit with a company such as Neteller at an online casino in Canada, Skrill or Paypal at an Online Casino in Canada.
Where can I get hold of a Paysafecard?
It’s very easy to find a location in Canada that sells Paysafecards, although the place you get it may instead print a voucher for you. Both a voucher and physical card are used in exactly the same way, though. Newsagents, supermarkets, gas stations, and Canada Post are all locations that typically sell Paysafecards. They can also be bought online.
How much money can I put on a Paysafecard?
Generally speaking, retailers allow transactions between $10 and $250, although there can sometimes be a fee involved. The maximum amount you can pay is $400 at any one time, and if you’re using the My Paysafecard online service, you can store a maximum value of $3,500.
Other Payment Options
Paysafecard is a viable and easy-to-find option for depositing money into an online gambling account. However, what if you’d prefer to either try a different method or use a payment option that allows both deposits and withdrawals?
Luckily, we’ve got you covered! Our in-depth comparison guides and articles look at all these other payment methods. Also, just because you may find an online casino that doesn’t support one of these options, doesn’t mean it doesn’t exist; it may simply be less common.
For example, if you’re hoping to use PayNearMe or to Pay by Phone at an online casino in Canada, we have guides and comparisons to help you find the right site for you. Perhaps you’d prefer to use Instadebit at an online casino in Canada? Again, check out our other payment articles for full information on these, and other, payment options.
Online Casino Promotions
Online casino bonuses are usually geared towards newer players, as the promotions often deposit match welcome offers. However, that’s not to say that they can’t be taken advantage of by more seasoned gamblers.
It’s really common these days for casinos (and sportsbooks) to incorporate some kind of points system into their website. Usually, placing bigger bets nets more points, and more points often lead to better rewards.
Plus, if you’re like us and like to play in high roller casinos, or perhaps are on the lookout for casino rewards for VIP players in Canada, then you’re in luck. Plenty of gambling sites also now offer exclusive offers to players who routinely bet big.
Online Casino Games
All online casinos offer slots, video slots, and table games, but the range of both software providers and actual games can vary from casino to casino. Sometimes this is simply a case of what the casino chooses to provide, but other times it can be down to the license.
For example, roulette, blackjack, and baccarat are the most common table games you’ll find, but not every Canadian online casino offers poker. If they do, it may only be one or two versions of it.
Luckily, any gamblers looking for a casino games guide for Canada will find plenty to choose from on the rest of our site. Whether it’s Instant Play Online Casinos in Canada, Online Casinos with Progessive Jackpots in Canada, or simply more information on Online Casinos with Tablegames in Canada, you’ll be sure to find what you want.
Online Casinos On The Go
If you want to download casino software in Canada it’s easier than ever because. Just as the popularity of the Paysafecard at online casinos in Canada increases, so too does the availability of mobile app versions of casinos.
Any gambling site worth its salt now has a mobile app counterpart. Sometimes it’s available via the main site, but if not, then check the app store of your choice. The great thing about using an online casino app is that it provides all the functionality of the parent website, but with the convenience of being available on the go.
Legality and License
Last of all, if there’s still some reason you’re still wondering “whether online gambling is legal in Canada?” then, of course it is, but you’re not wrong to still have doubts. Why? Because of the different licenses.
Canada has several gambling commissions, but very few of them offer an online gambling license. This doesn’t mean that online gambling is illegal in Canada – it’s completely legal – it’s simply a case of the licenses being more geared towards brick-and-mortar casinos.
As such, plenty of other countries provide gambling licenses that mean a website is still legally allowed to accept Canadian gamblers. Two of the most popular licenses come from Malta and Curacao, for instance.
Having a license may be enough for some gambling sites, but we recommend using Ecogra approved casinos in Canada, as this then guarantees that the site and its games have been thoroughly tested and approved by a reputable third party auditing company.
Paysafecard is one of the most popular prepaid payment options available, given that it’s available from a wide variety of physical locations as well as online. The freedom from linking it with a bank account or credit card adds to its anonymity, and deposits at online casinos are always fast.
So there we have it. Paysafecard at Online Casinos in Canada is one of the easiest and most convenient payment methods there is. It may not be available on all gambling sites, but if you stick to our recommended comparison guide for casinos that accept Paysafecard in 2020, you can’t go wrong.