Pointers to Making An Online Betting Deposit with Paysafecard
Open an account
You will need to create an account with your preferred bookmaker by following the necessary prompts on the site and then log into your betting site account.
Verify Your Identity
You may need to verify your identity with some form of identification or with a text to verify your phone that is connected to your account.
Make a deposit with a Paysafecard
Paysafecard betting sites ensure that deposits and withdrawals are as simple as possible. William Hill, for example, makes it an available option for its players. The payment method also protects user data. There’s no need to share personal or banking details throughout the process. Many consider sports betting with Paysafecard in the USA a worry-free and high-quality experience.
- You’ll see a list of payment options. Select Paysafecard.
- Input the amount you’d like to deposit and hit okay.
- The Paysafecard popup will appear. Here you can use a digital or physical voucher.
- If your physical or digital PIN is valid, your deposit will enter your betting site account immediately!
How Long Will My Deposit Usually Take Using Paysafecard
As with alternatives like betting sites that accept Apple Pay and PayPal, deposits for sports betting with Paysafecard in the USA are fast considering the exceptional security it offers. The only time you need to spend waiting is during the account creation process. Also, some betting sites that accept Paysafecard might force a waiting period before your first deposit. However, it’s not a viable choice for online casinos with quick withdrawal.
Sports betting with Paysafecard in the USA Paysafecard doesn’t give you an option for withdrawals in any fund transfer situation. Sadly, you have to choose another method if you want to receive your winnings. Luckily, there are similarly simple alternatives. These include Skrill, PayPal, Neteller, and VISA. It’s also important to note that these have no additional deposit fees, just like Paysafecard. They might, however, have territorial restrictions while Paysafecard is available globally.
Betting sites that accept Paysafecard are a great deposit option with no extra fees, and have fantastic security for users. This makes Paysafecard a top-notch choice. While the limit for deposits is low and a complete lack of withdrawals is frustrating, you should consider it as an option for any betting sites that accept Paysafecard.
Paysafecard – Using the Convenient Verification PIN
Many betting sites that accept credit cards will offer Paysafecard as a deposit option. If you want to create a Paysafecard account to use at a U.S. sportsbook that accepts Paysafecard, you’re in for a pleasant surprise. This service is available via its PIN service. Essentially, every time you want to make a payment, you need to select an amount to deposit. A PIN is assigned to the amount, and you can then use it for making payments.
You can either head to a physical location to obtain a PIN or, alternatively, you can create an account on the website and obtain it there. After this, you can select the desired amount via one of the icons. Throughout the process, unless you declare your location to buy at a physical location, there’s no need to share personal information.
You need to input relevant information when making an online purchase. But, even your payment method for Paysafecard PINs protects all your data. It almost guarantees anonymity. If you don’t like sharing your personal information, this option is for you.
The Timeline of Paysafecard & The Verification PIN
Paysafecard was founded in the year 2000 by Armin Sageder, Micheal Muller, Reinhard Eilmsteiner, and Michael Altrichter in Vienna, Austria. The current CEO, however, is Udo Muller. The initial founders wanted a cross-border and cross-currency option. They opted for a system that uses PINs. While the original name is Paysafecard, many often use the term Paysafe.
In 2005, the company enjoyed EU funding. Shortly after, it launched in Slovenia, Greece, Slovakia, the United Kingdom, and Spain. Surprisingly, many started to participate in online betting with Paysafecard. This sparked the beginning of what is now a multi-industry payment method for users around the world. It also became a viable alternative to betting sites that accept debit cards.
Paysafecard grew so strong that, in August 2011, it absorbed its Dutch competitor Wallie. However, in 2013, Skrill acquired the company. They maintained the original founders in the company, though. After the acquisition, Michael Muller handed his position of CEO to his brother Udo Muller. Now it’s branded as Paysafe Group.
How Does Paysafecard Compare to Other Payment Options?
Betting sites that accept Paysafecard can’t send you your winnings through the same payment method. While sports betting with Paysafecard in the USA lacks a withdrawal option, there are alternatives you can use to make both deposits and withdrawals. For example, you can participate at betting sites that accept PayPal. Credit cards are also a viable option. There are plenty of U.S. sportsbooks that accept Visa, for example.
Apart from betting sites that accept Paysafecard, you can also find plenty of betting sites that accept Venmo. The main drawback for sports betting with Paysafecard in the USA, when compared to alternatives, is its lack of a withdrawal option. At the same time, though, it’s one of the fastest payment methods available. In terms of speed, it’s comparable to PayPal. Other choices tend to make the process a bit slower. Paying by mobile, for example, can feel like an eternity.
In terms of security, Paysafecard is also at the top of the list for gambling sites with deposit options. This is especially true considering that you don’t need to share any personal details to use it.
Choosing Your Deposit Method – The Most Popular Options
While sports betting with Paysafecard in the USA is fantastic, there are plenty of payment methods to choose from for online betting. Credit cards, Apple Pay, PayPal, and Paysafecard, are fantastic choices. However, you can still use betting sites that use pay by mobile if you have limited options. If you’re looking for online casinos with quick withdrawals, you’ll notice many betting sites that accept debit cards exist.
Betting sites that accept credit cards are some of the most popular choices amongst users. You can also make use of betting sites that accept Mastercard. For added convenience, there are plenty of betting sites that accept Visa and almost all are U.S. sportsbooks that accept American Express. And, while gambling at betting sites that accept Apple Pay, or making use of U.S. sportsbooks that accept Venmo, they’re all still runner-ups to credit cards.
Betting sites also accept prepaid cards for deposits and withdrawals. However, this alternative sits at the bottom of the list. The process is tedious and slow compared to the other choices available.
All Your Top Questions About Paysafecard & More!
Before you look at some answers to popular questions, you should consider some steps to avoid mistakes when making a deposit. The steps that you should take include:
- Make sure the website you’re using to make a deposit is safe and secure. You can check this via the button to the left of any URL you visit. The lock icon represents SSL encryption. Without this symbol, your personal information will not be encrypted and is at risk of being leaked.
- If you’re using Paysafecard, or a similar service, to make a deposit, make sure you deposit the right amount. That way, when you want to transfer the funds to your betting account, you don’t run into any issues.
- Check that you’re on the legitimate website.
- Make sure that the operator accepts your payment method.
- Keep the receipt for your deposit stored in a safe place on your computer.
Do I need to use the same deposit and withdrawal method?
You do not need to use the same deposit and withdrawal method for betting sites that accept Paysafecard. But, if you’re going to be sports betting with Paysafecard in the USA, you need a different service to withdraw funds.
Why does an operator block my account?
Operators will block your account if they suspect any activity that goes against their terms of service. This differs for each online gambling site. So, it’s important you check to make sure you don’t break any of the rules.
Common reasons that operators block accounts include:
- Money laundering
- Duplicate accounts
- Interfering with algorithms with software
- Falsifying location to gamble in different regions
Can I get a Paysafecard bonus?
Bettings sites that use Paysafecard as a payment method don’t have exclusive bonuses for the service. However, any and all deposit bonuses apply. This is another benefit on top of the security, anonymity, as well as the fee-free service that is Paysafecard.
Are There Any Costs or Restrictions Using Paysafecard?
If you want to start sports betting with Paysafecard in the USA, understand that the payment method has a few limitations. It’s not suited for large deposits. You can obtain PINs that amount to $10, $25, $50, and $100. So, if you’re interested in Paysafecard betting websites, you have to take a few extra steps. If you want to deposit $500, for example, you need to buy 5 $100 PINs. You can only purchase ten or less Paysafecard PINs at one time.
After twelve months, PINs receive a monthly maintenance fee. This amounts to $2 per month. Also, redeeming your balance entails an extra charge. If you want to withdraw your Paysafecard funds, you have to pay $6 per transaction. This does not apply to payments, however. These fees are part of how Paysafecard maintains high levels of security.
If you want to limit fees, try U.S. sportsbooks that accept Venmo or U.S. sportsbooks that accept American Express.
Paysafecard Security – Trusted & Secure
When you’re sports betting with Paysafecard in the USA, Paysafecard’s online security is fantastic. The service involves a cash account represented by a PIN number. You don’t have to enter any personal information if you don’t want to. This is the first step to protect users. Even if someone compromises your PIN, they have no way to obtain your data. This differs greatly from services like PayPal, that store your banking and credit card information.
The company behind Paysafecard works only with contractual partners. They force their partners to use optimal security measures. So, if you’re sports betting with Paysafecard in the USA, you know that they take your security seriously. Also, if someone steals your PIN, you can disable it at any time.
There are four important security guidelines to consider if you want to use a Paysafecard PIN:
- Only enter your PIN number at authorized Paysafecard online shops.
- Never send your PIN number through email, text message, or other written form.
- Government entities, institutions, law firms, or courts, are not considered authorized options. You should never comply with a demand to pay a fine, reminder, or bill, via Paysafecard
- Always contact the company if you have any doubts.
There’s a Paysafecard App!
There’s a Paysafecard app you can use to gamble online. Some mobile devices have a fingerprint scanner, making the app a great choice for some extra security. You can use it to pay at local shops with the QR code scanner.
Additionally, there’s a section that tracks your spending and balance. This provides extra control of your finances. It tracks transactions made before downloading the app, as well. If you want to find a shop that accepts a Paysafecard near you, you can share your location. It will show you any businesses that accept it in your area. As an added bonus, the app allows promotions and bonuses for its users.
Paysafecard – An Award Winning Payment Method
The Paysafecard payment method has received a plethora of awards in the past. These include the following:
- 2009 Best Non-U.S. Prepaid Program – Paybefore Award
- 2012 Most Innovative Prepaid Solution Europe – Pay Awards
- 2016 Best Online or Mobile Commerce Solution – Pay Awards
- 2015 1st place – Austria Leading Company
- 2017 1st place – Austria Leading Company
- 2018 1st place New Working World and Quality of Living – Great Place to Work award
Any Common Paysafecard Scams?
Due to a lack of access to personal information for hackers, they tend to use more basic scams to trick users into sending them money. The most common is phishing. Scammers mimic an official website to convince users to spend money through a checkout page. After a person makes a deposit with their PIN, they never receive the goods or services.
Between 2012 and 2014, a few cases cropped up where scammers impersonated Paysafecard personnel. They would call gas station salespersons and convince them to give them their PIN information. The justification was to check their account information.
From 2012, ransomware started cropping up all over the internet. This software locks your computer and displays a message. The message asks the user to pay with their PIN or risk complete deletion of their computer information. Essentially, they threatened to erase the hard drives. Sadly, even after proper payment, hackers wouldn’t restore the computer.
There are also plenty of scam websites that offer Paysafecard PINs as a promo. This pushes users to subscribe and engage in click fraud. A similar scam involves a Paysafecard generator. After downloading the software, ransomware is installed on the victim’s computer. However, you can bet Paysafecard puts in a strong effort to inform their users of these situations.
Conclusion – A Trusted & Secure Option for Online Gambling
If you’re considering making a quick deposit for online gambling sites, Paysafecard might be your best choice. It outshines many alternatives with its great security, ease-of-use, and the broad range of authorized Paysafecard gambling sites. Not to mention, it has very fast transaction speeds.
It also counts as a valid option for deposit bonuses. Best of all, it doesn’t require you to input any of your personal information. While sports betting with Paysafecard in the USA lacks an option for withdrawals for your winnings, there’s a reason why it’s won so many awards. Looking for different payment options? Take a look at our guides to betting sites that accept Mastercard and betting sites that accept Visa.