PaySafeCard is an online payment solution that does not require you to have a bank account or a credit card. It is also one of the online payment methods that best protects your privacy . Instead of keying in account numbers, bank card numbers when you deposit money at an online casino service work much like a prepaid mobile phone card. All you need is to buy such a card at one of the 500,000 retail outlets that you find through the search function on the company’s site.
In most European countries, you can purchase Paysafecard through petrol station, Kiosk or tobacco shops. The cards that have a 16-digit PIN code are available in the amounts 10, 25, 50, and 100 EUR. When you then have to pay at your online casino or whatever it is, simply enter PaySafeCard as your means of payment, scrape the PIN and enter it.
Paysafecard works in large parts of the world.
This service is currently available in 43 of the world’s countries, and more are likely to come with time. In each country, the cards are sold in their own currency, which means you can always buy a card with the right amount for your needs. If you do not use the full value of a PIN, the remaining amount remains in your PaySafeCard account so that you can use it at a later date. You can also combine several such residual amounts by entering the different PINs.
If you find it tricky to enter the 16-digit PIN every time, you can use the Mypaysafecard service . It acts as your personal account for your online payments and gives you an overview of your purchased PINs. Instead of typing your PIN, you pay securely and easily after logging in with your username and password. Another benefit is that you earn on the company’s loyalty program my PLUS.
It is easy to join the service: simply register (which is free), upload your purchased PINs into your account and then pay with them. If you have uploaded several PINs, you can pay with the total amount. When paying, the oldest PIN is always used first so that you do not have activity fees (see the heading “fees” below). In your account you can see all transactions completed.
When you sign up for this service, your status is always Standard. If you would like to pay more or more often, in this case you can upgrade your status to Unlimited at no cost. Then you can refill your account with an unlimited amount for one year, without having to worry about the upper limit of EUR 2,000 per year that exists if you have Standard . With Unlimited you also double the upper limit on how much you may have on your balance to EUR 4,000. The use of mypaysafecard is in principle free of charge, but in some cases there may be additional charges.
Basically, both the use of the card and the payment itself are free of charge, but there are some exceptions, especially if you do not use the card for a long time:
If you have not used the electricity in your office after twelve months, a service charge of EUR 0.3 is deducted from the thirteenth month. This fee is charged from the credit.
If you pay in a currency other than the one you bought the card in, a conversion fee is paid. To see the current conversion rate, you just need to go into the company’s own currency converter, choose which currencies it applies to and enter the amount you want to see in the other currency.
The following retailers also charge a fee of EUR 0.5 when you buy a card with a PIN code: 7- Eleven, Shell, Pressbyrån.
Refund fee: A fee of EUR 6 per refund is deducted from the amount to be transferred.
Mypaysafecard service charge: If you have not used your mypaysafecard to carry out any transaction for a period of twelve months, a monthly inactivity fee of EUR 2 will be deducted from your mypaysafecard account from the thirteenth month.
my PLUS is a loyalty program where you collect points with every my paysafecard payment, which you can then redeem for popular Rewards in my PLUS Shop. For example, you can then take advantage of exclusive and advantageous offers from several popular online stores. If you recommend a friend who then registers with mypaysafecard and then performs their first transaction, you get 25,000 PLUS points and 25,000 Level points. That means more delicious products in my PLUS Shop and more benefits!
App available for PaySafeCard!
Whether you use an Apple mobile or an Android-based one, you can download the official app for this form of payment for free on the Apple App Store or Google Play. Using the app has several advantages, but the biggest of them is probably that it has a built-in scannerfor the PIN codes. Moreover, it is convenient for those who want to keep track of your expenses and how much you have in your account at the moment. Also the search function where you can easily find the nearest dealer of cards with PIN codes is gold worth. With the built-in scan2pay service you can also pay both simpler and more secure. The sites where you can pay with your PIN code have a QR code that you just need to scan in with your mobile phone (with the app installed). Confirm each payment with your personal security code or with TouchID (your fingerprint).
Part of a giant in online payments.
This payment solution started in the capital of Austria Vienna, but since 2015 has been part of Paysafe Group PLC , the giant based on the British channel island Isle of Man, which also owns the popular online wallets Neteller and Skrill. This means, among other things, a stable ownership structure and financial muscle to invest in security and functionality.
Pros and cons of Paysafecard.
The difference between credit and debit cards and internet wallets is that you first use this service to buy PINs. It gives many people a greater sense of control over spending – it is simply not as easy to burn money as directly from a plastic card, or a virtual one. Of course, this can also be seen as a disadvantage, although these differences decrease with various additional services such as Mypaysafecard. Another advantage of these types of payments is that your privacy is protected, since you do not have to enter a lot of personal information when you pay. Information that, in the worst case, would otherwise have been stolen by criminals in hacker attacks. In summary, this is a good payment method, which for good and bad, requires a little more from you than just entering your information online.