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Paysafecard Poker Sites

Everything You Need From Reviews to FAQ for Paysafecard Poker Deposits

With the rise of online merchant transactions in the past decade, a new group of electronic money processors, also known as digital wallets or ewallets, have risen to prominence. Some companies, like Paysafe, actually launched in the 1990s in anticipation of a technology boom, and the need for such services put Paysafe at the top of the industry.

Digital wallets became very popular with online poker sites during the poker boom when many credit card companies like Visa and Mastercard denied payments for online gambling. Players then discovered that they could transfer money from a debit or credit card, or directly from a bank account, to an ewallet that could then be used to deposit and withdraw money from an online poker account. Poker players began using payment processors like Skrill and Neteller for their friendliness to poker sites as well as their ability to then transfer money amongst themselves for backing, loaning, and paying off bets.

Poker operators continue to favor ewallets like the ones under the Paysafe umbrella, as well as the aptly-named Paysafecard. While some of these are only available for deposits and not withdrawals, some players continue to prefer digital wallets over any scrutiny they may face by repeatedly using Visa and Mastercard for poker online.

Does My Favorite Poker Site Accept Paysafe?

American-based and regulated online poker sites do not accept Paysafecard at this time, and it does not look promising in the foreseeable future. However, most international poker sites do accept Paysafecard deposits. This can be determined by searching the online poker site of choice for deposit options, or by going to the help section or contacting the customer service department.

Advantages of Using A Paysafecard for Deposits

  • Anonymity ensured by not using a bank or credit card to purchase Paysafecard.
  • Deposits are processed right away, usually providing instant access to funds.
  • Security is ensured by customer’s personal PIN.
  • No fees are assessed when purchasing or using the card.
  • Most international poker sites accept Paysafecard for deposits.

Paysafe Card Accepted Online Poker Sites

Rank help Poker Room help Mobile help Mac help Bonus help Match help Free help Room Review help
1BetOnline Poker      mac-icon €/£400 100% €/£22 888 Poker
2Pacific Poker      mac-icon €/£600 100% N/A Intertops Poker
3BetOnline Poker      mac-icon €/£500 100% N/A Party Poker
4Bet365 Poker      mac-icon €/£600 100% N/A PokerStars
5Bet365 Poker      mac-icon Details at Bet365   N/A Bet365 Poker

Company History & Aquisitions

Paysafe Group is a company focused on internet payments. The original company, Netbanx, was founded in 1996, and Optimal Payments formed the following year. The companies eventually combined as Optimal, and eventually combined with Neteller in 2005 and bought Skrill. The convoluted history resulted in what is known as Paysafe Group today, with Skrill and Neteller as its primary subsidiaries.

Based on the Isle of Man, the electronic payments company focuses on its customers who want to transfer funds between people and merchants around the world. Paysafecard is its prepaid card that requires no access to bank or credit card information, and Neteller and Skrill are ewallets that allow for internet money transfers. All three are very frequently used for online poker transactions because of their flexibility and acceptance by the online gaming community.

Is Payafe Secure?

Paysafecard is a very secure method of transferring money online.In fact, the company is regulated by the FCA (Financial Conduct Authority), located in the UK. The prepaid card doesn’t require a connection to any bank account or credit card, which eliminates the possibility of hacking or cybercriminals accessing banking information through that process. And the use of a personal PIN, a number known only to the card holder, further protects the funds on the card.

Cards obtained at any of the hundreds of thousands of locations worldwide is are also safe because they are created to be unhackable. Paysafe includes numerous technical security mechanisms to the cards so they are inaccessible to password-hacking generators.

Can Paysafe Handle Poker Deposits and Withdrawals?

The purpose of the Paysafecard is to offer transfers to and from the cards digitally, and they are accepted by most online merchants. Online poker sites are included in that group, as the vast majority of poker online does accept Paysafecard as a viable payment method.

While Paysafecard is not yet accepted in regulated states in America, as regulators have yet to embrace many of the top ewallets, it is accepted by sites ranging from PokerStars to 888poker to PartyPoker. However, these are for deposits only. None of the sites allow players to withdraw money onto their Paysafecard. Since it is a prepaid service, poker sites aim to prevent any chances of money laundering-types of activities by restricting the use of the cards to deposits only. Players must choose another method for withdrawing online poker winnings.

Does Paysafe Charge Fees?

There are fees associated with Paysafecards. The card itself is free, and customers are not charged for transactions. However, if a person uses the card for more than one month, there will be a $2 charge deducted from the balance. There are fees for paying for goods or services in a currency that requires an exchange, and the charges vary depending on the currencies. And Paysafecard does charge a redemption fee if the user wants to cash out from the card for a balance, and this costs $7.50.

Online poker operators generally do not charge a fee for using Paysafecard for deposits. PokerStars, for example, makes it clear that no fees are assessed as long as there is no difference in the currency on the card and the one used at the tables.

How Long Do Deposits and Withdrawals Take?

Most poker sites online that accept Paysafecard offer same-day deposits. Sites like 888poker promise an instant deposit with immediate access to funds as soon as the deposit is final. PokerStars, on the other hand, does not list Paysafecard as a “fast deposit” payment option, but there is nothing to indicate that deposits from the prepaid cards cannot be processed on the same day. Poker players have not publicized any issues regarding Paysafecard delays or problems.

Paysafecard is not an option for withdrawals from online poker websites.

Is it Easy to Buy a Paysafecard?

There are more than 600,000 outlets around the world that offer Paysafecard prepaid card purchases to play poker. The company’s website offers a quick locator to find the nearest merchant, and any salesperson at that location can take cash in order to exchange it for a prepaid card. It is then up to the customer to determine the personal PIN number, which secures the card and keeps it safe until that customer plans to use it.

The cards are then very easy to use for poker online. At the non-American poker site of choice, simply choose Paysafecard as the payment processing method, follow the instructions on the screen, and enter the personal PIN. Once complete, the transaction should be processed without delay.

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