PaySafeCard Online Betting

PaySafeCard ( www.PaySafeCard.com ) is a secure internet payment system that enables users to make online transactions safely. This online payment method is commonly used by people for depositing to online betting sites but all can also be used to make purchases from a variety of online retailers too. It is particularly popular in the UK and in various European countries such as Austria.

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How Betting With Pay Safe Works

A PaySafeCard is used in a similar way to credit and debit cards, but it is a prepaid card that you have to purchase. PaySafeCards come in several different denominations and can be purchased at a variety of different online and physical locations. You will receive a card with a panel that can be scratched off to reveal a 16 digit card number – or if you purchase online you will just receive the relevant card number.

Depositing to an online betting site using a PaySafeCard is easy. All you have to do is enter the card number and the amount you wish to deposit. Unlike some prepaid options, you don’t have to use the whole balance of the card in one go if you don’t wish to. Equally, if you wish to make large purchases then you can use a combination of several PaySafeCards to make a bigger amount. Deposits made using a PaySafeCard will be processed instantly and the funds will appear in your account immediately.

Unfortunately, as with many prepaid options, most online betting sites do not allow you to withdraw any winnings back to a PaySafeCard. This means you will have to look at alternative methods for cashing out, such as a bank transfer. However PaySafeCard is a fantastic option for depositing to online betting sites as it offers complete peace of mind when it comes to security. The number of online betting sites that accept PaySafeCard is a little limited compared to some other banking options, but it is becoming increasingly more available.