One of the most convenient payment methods for online casinos is Paysafecard. It is easy to use, safe, and quick. Both the casinos and players enjoy this payment method because of how cheap it is. To find the top casino sites in Canada that accept Paysafecard, just read our guide below at Gambling Zone. We have vetted these sites to ensure that they are eligible to operate in Canada and that they have Paysafecard payments.
Note:If based in Ontario, any content mentioning bonuses, promotions, wagering or free spins is not intended for you, following Ontario regulations. If located in that province, please go to our Ontario page.
You need to keep in mind a number of things when you join an online casino that accepts Paysafecard.
For example, what are the payment limits, and how long will it take to complete a transaction? Also, you should keep in mind any transaction fees or other limitations. This is information you can discover during your research as you look for the best online casino with Paysafecard payments Canada residents can enjoy.
Below we will cover what Paysafecards are and the process of depositing from one. We will list the pros and cons of using Paysafecard as well as answer frequently asked questions about this popular payment method.
As mentioned earlier, there are many benefits to using Paysafecards for online casino transactions. The primary benefit is that it works just like a debit card in terms of how you use it. But there are a few differences.
First, there is no need for a bank account that is linked to a Paysafecard account. Instead, you buy the card online or at a store with money already loaded on it. The funds on the card come in set denominations such as $10, $50, $150, and so on. You pay for them based on the value of the card.
Each card has a unique 16-digit pin that you use in the payment process at a casino site. You enter these numbers when completing a payment just as you would with a debit card.
You do not have to use the full amount of money on the card. If you have a $100 Paysafecard, and only want to make a $30 deposit, only that amount will be deducted. The rest of the cash on the card will be available for further deposits in the future.
It is clear from the above that Paysafecard payments are quick and easy for online casino transactions. But, why else do people prefer to use this payment option over others? Also, what are the drawbacks you need to be aware of?
Free transactions: You can fully enjoy your deposits and withdrawals without it going towards service charges.
Limited amounts: It can be frustrating for some casino players to limit their deposits based on how much they have on the Paysafecard
Manage gambling budget: Since the amounts on a Paysafecard are exact, you can manage your gambling budget responsibly. This is unlike when you use a debit or credit card, where you can continuously add to your casino account.
Expiry dates: These cards need to be used before the expiry dates. Once the expiration date is passed, the funds on it are lost.
Secure and Private: There’s no need to share your bank information or bank card details. This makes the transactions a lot safer.
Cannot withdraw using paysafecards
Rewards: Paysafecard account holders can earn points with each transaction, and you can redeem these for vouchers, products, and services.
Making a deposit to an online casino using a Paysafecard is quick and easy. It only takes a few steps and in a few minutes, the transaction is completed. Simply head to the deposit page of the casino, select Paysafecard as your payment method, and then follow the prompts. Here’s a detailed step-by-step guide.
Head to the cashier section of your account. This is usually under your account in the top right corner of the screen.
Select “Deposit” once you’re in the cashier. There, you will see a list of available payment options.
Select Paysafecard from the options you see.
Enter how much you want to deposit. Remember to take note of the casino’s minimum and maximum deposit amounts. Also, make sure your Paysafecard has enough funds in it to cover the full deposit amount.
Enter your card’s PIN and within a few seconds, the transaction is complete.
Most casinos do not charge any transaction fees. However, take note of Paysafecard’s 2% fees on foreign currencies. So make sure the online casino you are using accepts British Pounds in order to avoid forex fees.
Once the transaction is complete and your account is credited, you can start playing casino games.
Paysafecards cannot be used for withdrawals since they are just a prepaid card. However, there are a few options to work around this. Some online casinos and sports betting sites allow you to make a withdrawal using a MyPaysafe account. Alternatively you can select a different withdrawal option like MasterCard. Here are more details on how it all works.
While logged in, head to your account’s cashier section.
Select “withdrawal” in order to see all available options. You will not see Paysafecard, but you can select a different withdrawal method like “Mastercard” instead. This is an effective workaround for Paysafecard users.
Select how much you want to withdraw. The casino will have its own withdrawal limits, but withdrawals are usually between $20 and $1,000. Also, take note of any transaction fees. A good online casino or betting site will not have any withdrawal fees.
Once completed, you will have to wait for the withdrawal approval. This should take less than 24 hours. Once approved your funds are immediately available in your chosen account.
Here are the most commonly asked questions regarding Paysafecard for online casinos in Canada.