Gambling is a sensitive topic in many parts of the world. It is natural for players to seek some extra privacy when playing their favorite games and slots at online casinos. For some, having a gambling-related bill pop up on your bank or credit card statement can have unpleasant implications.
This is one of the major reasons why online prepaid vouchers like Paysafecard exist. They allow you to quickly make deposits at online casinos without worrying about the expense showing up explicitly on your financial statements.
Is Paysafecard an appropriate payment method at South African online casinos in 2021? Does it have any notable disadvantages? Can you withdraw money using Paysafecard? You can find answers to all these questions and more on this page.
We also have a curated list of the best SA online casinos with Paysafecard payments, right here:
Top Paysafecard Casinos Online South Africa
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Everything You Need to Know About Paysafecard
Paysafecard is the most popular online prepaid voucher with a global presence. It is also one of the oldest in this business, having started operations in the year 2000 in Austria. In a matter of a few years, the company expanded into nearby EU markets.
The brand was acquired by Skrill in 2013 – when the UK-based Optimal Payments Group acquired Skrill in 2015, they changed their name to Paysafe Group. Paysafecard is part of this Paysafe Group, which also owns Skrill, Neteller, and is based out of the UK.
So, trust and reliability are not a worry when you use Paysafecard at online casinos. It is part of one of the biggest online e-wallet/payments corporations in the business. It has all the relevant licenses and permissions from trusted regulators in the EU and the UK. Basically, Paysafecard is not a scam.
In fact, Paysafecard is not just an online casino payments solution – you can use it at over 650,000 outlets across the world, both offline and online. You can use Paysafecards at video gaming platforms, supermarkets, gas stations, and on major platforms like Amazon and Apple Pay.
You can find details of the outlets and platforms that accept Paysafecard on their official website. They have even partnered with MasterCard to offer a physical credit card to advanced users. No wonder that nearly a billion customers use Paysafecard for their online and offline purchases!
How to Use Paysafecard – The Basics
Paysafecard is a prepaid voucher system. You can buy their 16-digit codes from authorized outlets – there are both online and offline stores selling Paysafecards in a wide range of denominations. Go to the official Paysafecard website to find the safest stores.
South African customers can only buy Paysafecard vouchers online – the company does not sell in the local retail markets here. You can buy vouchers ranging in value from €10 (ZAR 175) to €1000 (ZAR 17,500) at online stores.
You can pay for the voucher using many different forms of payment, like online banking or credit cards. When you buy a Paysafecard voucher online, you get a unique 16-digit code – this code contains the money value of your purchase, so keep it safe and private.
When shopping or playing at poker sites/casinos that accept Paysafecard, just enter the 16-digit code to pay or deposit cash. You are not asked for any personal financial details when using a Paysafecard voucher.
A voucher, once bought, will remain active for two years for free – beyond that point a small fee of €2 will be deducted monthly from your balance if you keep it idle for more than two years.
Advanced Features of Paysafecard
From an online casino South Africa perspective, the prepaid voucher system is the major draw for players. You can make quick and convenient casino deposits without the transactions appearing on your card or bank statements.
But a prepaid voucher cannot be used for casino withdrawals. You will be asked to pick alternatives like a credit card or bank account when it is time to withdraw your winnings from the casino. But Paysafecard does provide an alternative option here as well.
If you sign up and create an account at Paysafecard online website, you can use it as an e-wallet. It will give you advanced features like a mobile app, a branded Mastercard debit card, and the ability to store and manage multiple vouchers in a single account.
Unfortunately, South Africans cannot register for this ‘My Paysafecard” account online. This feature is only available in a select list of around 40 countries. So if you want to use Paysafecard, prepaid vouchers are the only practical option for South African casinos.
Using Paysafecard for Casino Deposits
Many EU-based online casinos serving the South African market accept Paysafecard deposits. The service does not have ZAR as an accepted currency – so you will be paying small currency conversion charges if you want to deposit in ZARs at the casino. The process of depositing is quite simple:
- First, buy a Paysafecard voucher from any online store
- Pick any Paysafecard casino South Africa online from our list
- Register your account at the casino and log in
- At the deposits page, select Paysafecard from the options
- Enter the amount you want to deposit
- Enter the 16-digit PIN code when prompted
- Complete the transaction
Paysafecard transactions are instant and carry no additional fees at online casinos. If you are converting the currency value of the card during a deposit (like USD – ZAR) at SA online casinos, you may end up paying small currency conversion rates. You can check the latest rates at the Paysafecard website.
Paysafecard is incredibly flexible when it comes to voucher usage. You can use part of a voucher balance and retain the rest for later use. For example, you can buy a voucher worth R1000 and only spend R500 at a casino. The code will still retain the balance that you can use in the future.
Likewise, you can also combine multiple vouchers to deposit larger amounts. But always remember to keep note of your Paysafecard PINs – if you lose the 16-digit code, you will lose your money! You can also check the balance on your code by visiting the Paysafecard website.
Using Paysafecard for Casino Withdrawals
The prepaid voucher cannot be used for casino withdrawals as it is an anonymous payment method. But if you upgrade to a My Paysafecard account – which is basically an e-wallet – you can accept casino withdrawals.
But this facility is only available to residents of certain countries like Australia, Canada, the UK, and other EU nations. South African residents are not allowed to register at Paysafecard online for the advanced features.
Paysafecard Online Casino Pros & Cons
Paysafecard has thrived in the last 20 years because it serves a very valuable purpose to online casino players – privacy and anonymity in financial matters. The advantages and disadvantages of this payment mode are quite obvious:
- Leaves no record of casino payments on bank/card statements
- Extremely secure and safe payment method
- A trusted and licensed company
- Can be used for a wide range of online payments
- Simple and easy to use
- Minimal fees
- Basic vouchers cannot be used for withdrawals
- Advanced features unavailable in South Africa
- Does not support ZAR – conversion charges will apply
Our Verdict: Why Use Paysafecard at SA Online Casinos
Suppose you are a privacy-conscious individual who does not want any casino-related bills showing up on your financial statements. In that case, Paysafecard is one of the best payment methods for you. The only negative here is that you cannot accept withdrawals to this service in South Africa.
If you want both deposits and withdrawals with relative anonymity, you can try some of Paysafecard’s sister services like Skrill and Neteller – the same parent company owns both e-wallets and are available in South Africa. Bitcoin is also another fantastic option out there.
We highly recommend Paysafecard prepaid vouchers for SA online casino deposits. It is safe, secure, has excellent privacy, and is incredibly convenient and easy to use.
Paysafecard Online Casino FAQ
Do I have to pay extra fees/charges with Paysafecard transactions?
There are three main instances where you may have to pay extra fees with a Paysafecard voucher –
- If you keep a voucher balance idle for more than 2 years, the company will charge €2 (ZAR 35) per month
- If you convert the value of a prepaid voucher to another currency, you will have to pay minor conversion charges
- If you get a refund from an online store, you will have to pay a €50 (ZAR 132) redemption fee.
How good is Paysafecard compared to other online casino payment methods?
Paysafecard is an excellent option for anonymous deposits. It is far superior to credit cards and online bank transfers in this regard. But the prepaid voucher does not support withdrawals. Ewallets and bitcoin are superior in this regard. But if you are only worried about deposits, and don’t mind receiving withdrawals with a bank account, Paysafecard is an excellent option.
When should I use Paysafecard at online casinos?
Use Paysafecard if you want a quick and convenient payment method that does not expose your credit card/bank account details to online casinos. It also helps prevent any casino billing information from showing up on your financial statements.
When should I not use Paysafecard at online casinos?
If you want to use a single payment method for both deposits and withdrawals, don’t use Paysafecard. Opt for an e-wallet like Skrill/Neteller, or bitcoin if you want total anonymity and privacy.
Is Paysafecard a safe and legit payment method?
Yes, Paysafecard is part of the UK-based Paysafe Group – a global payments company with all appropriate licensing and regulatory approval. They own major brands like Skrill and Neteller. This is a 100% safe and reliable payment method.
Can I use Paysafecard at online casinos?
Yes, plenty of online casinos support Paysafecard deposits and withdrawals. You can find the list of the best Paysafecard online casinos South Africa right here on this page.
Why can’t I use Paysafecard for withdrawals?
Casinos are legally required to restrict withdrawals to payment accounts with a verified owner. A Paysafecard voucher does not have any owner details linked to it – it is just a private code/PIN that holds a certain cash value. Casinos are not allowed to send money to a prepaid voucher. You can, however, use Paysafecard for withdrawals if you create a registered account. This feature is only available in select markets – NOT including South Africa.
How fast are Paysafecard transactions at online casinos?
When you deposit money using a Paysafevoucher, the amount is instantly credited to your casino wallet. It is one of the fastest payment methods.
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