Paysafecard has evolved from a product previously known as Ukash. Ukash was a way to turn cash into digital currency and that’s effectively what Paysafecard does today for you. It’s a fast and convenient way to take your physical notes and coins and make them usable at an online gambling site.
Paysafecard online gambling begins with a trip to a licensed store, where you buy credit on a Paysafecard. You can load that card up with C$10, C$30, C$50, C$100, C$150 or C$250 and then use the card details to make deposits and withdrawals at an online gambling site. You can also buy credit at their online store.
When you decide to start using a new payment method, you want to be sure that you know exactly what to do when it comes to depositing funds. We've listed the steps you'll need to take to use a Paysafecard voucher, so you can feel confident funding your gambling account with this method.
Online Paysafecard gambling will come naturally to anybody who’s ever bought anything online – which is just about everyone these days! To process a deposit you simply enter in the 16-digit code on your card and select the amount you want to pay in. The funds will show straight away in your account. Making a withdrawal by Paysafecard uses a product they have called Payout. You choose the amount you want to withdraw and then enter the email address that’s linked to your account. Those funds are then transferred back to you and you can either spend them online or take the money out to use as you please.
This popular payment method is a little different to most others that are currently available, so you may be wondering why you would bother making the switch. In fact, it's these differences that make Paysafecard such an appealing alternative to the standard online payment methods, they include:
These benefits, along with many others, are reason enough to start using this payment option to fund your gambling account.
Paysafecard is a simple way to turn your cash money into digital currency.
You take your funds to a store location and hand it over in exchange for a 16-digit code. The code is what you use at a gambling site to authenticate a transaction and pay in real cash funds. Another option is to load up on credit using their online store.
All you need do is exchange your funds for a card at a store location. You then set up an online account linked to an email address, which is great way to track your balance and also allows for monies to be paid in.
Paysafecard are very open to use with online gambling sites. In fact they actively encourage it, and work with the top gambling sites to make it possible.
Paysafecard gambling deposits will register straight away as cleared funds in your gambling account. When you’re making a withdrawal you should prepare for a 3-7 day clearing period as checks are carried and everything is properly validated.
Paysafecard is an ideal solution for those who want to turn physical cash into currency online. It’s also extremely secure for online payments, as you’re never revealing your bank details or entering card numbers online.
If you’re after a simple banking solution for online gambling Paysafecard is a trusted name you can rely on. It might not be as widely accepted as some banking methods, but there are still a good number of very high performance gambling sites that carry the Paysafecard logo.
There are no fees for the first 12 months, but they do charge a monthly fee when that period is over. You are also charged if you want to withdraw money from your paysafecard to your bank account.
There are two things to bear in mind here. Firstly, the Paysafecard gambling sites we link to are all completely regulated and secure. Secondly, Paysafecard is extremely safe as an online payment product because your bank details are never put out there.