How Secure is Paysafecard for Online Gambling?
Paysafecard might be the best deposit option for New Zealanders if money’s security is a priority. You would rather not give anyone electronic access to personal credit cards or banking information, and you would prefer to have complete authority over how much you devote to playing.
Read on to know how it is possible with Paysafecard. But before anything else, a huge thanks to the BetPokies team, especially John Gold for their extensive research to make this article happen.
What is Paysafecard?
A Paysafecard is an actual card that may be utilized online for a variety of things, including making deposits into gambling websites, shopping online, and paying for memberships, among other things.
As a prepaid payment option, it provides extra protection for internet purchases with providers all around the globe. Clients who create a Paysafecard account can buy coupons in denominations of NZ$10, NZ$25, NZ$40, NZ$50, NZ$75, and NZ$100 or in the medium of exchange of their preference. The purchaser is subsequently sent a 16-digit PIN code by Paysafecard, which could be used to buy stuff at many different internet retailers.
How Safe is It?
Paysafecard works like a voucher. Therefore, New Zealand players can use their cash over the internet to start gambling. It is safer to use than other payment options because players only need to input the PIN code provided to them.
Moreover, the Paysafecard group created a mobile app for iPhone and Android devices to track their transactions. The app also has a feature that allows users to make a direct mobile payment through QR codes.
Pros of Using Paysafecard
Paysafecard provides several features to safeguard its New Zealand consumers, who may be worried about protection when playing online casino games:
- Personal information is protected – Customers can put cash into their accounts using a 16-digit prepayment security code without disclosing all of their private financial information.
- Zero charges or additional expenses – Online casinos typically do not impose supplementary transaction fees or expenses for customers who wish to initiate Paysafecard payments.
- Worldwide acceptance – This payment method is accepted across the globe.
- Availability for multiple currencies – Paysafecard enables cross-currency transactions, allowing customers to gamble with global gambling sites in confidence.
- User-friendly mobile applications – Paysafecard allows consumers more discretion over their financial affairs thanks to its practical backup system and QR code capability.
Drawbacks of Paysafecard
There are still some drawbacks associated with Paysafecard. These are:
- Restricted options for online casino payouts. Because it is a prepaid method, withdrawal is not possible.
- It has smaller maximum deposits than other banking methods.
- To obtain codes, one must personally visit local selling locations.
- There may be an inactivity charge if you do not use the entire value within 12 months. You may see NZ$2 taken out of your available fund every additional month you didn’t use it.
How to Use Paysafecard for Deposits
Although some gamers might be apprehensive about utilizing prepaid PIN numbers to make payments, using Paysafecard to do so is simple. Simply follow these instructions to immediately begin using Paysafecard for gambling sites:
- Choose your preferred online casino.
- Search for the “Sign Up” button. To finish setting up and creating your online gambling profile, provide your personally identifiable information, such as name, age, birthdate, email, location, as well as other credentials.
- Purchase a preloaded Paysafecard card at a nearby partnering retailer. Commonly used sums range from NZ$10 to NZ$100. Each of them has a 16-digit code attached to it.
- Make your initial deposit. Choose “Deposit” from the “Cashier” option to begin. Choose Paysafecard from the various deposit options. Use your prepaid card’s 16-digit code in the appropriate box to make a cash deposit at the site. Your entire $100 Paysafecard coupon would be transferred to the casino when you select this option and use it.
Final Thoughts
In recent times, Paysafecards has emerged to be among the most popular online payment solutions attributable to their widespread accessibility and simplicity of use. The majority of the top gambling websites support them, and you can get it from nearby shops or online. The predetermined number of these vouchers is beneficial to several online casino gamblers as it makes managing their bankroll and avoiding excessive purchases, which is a frequent threat when playing online, simple.
Yet, the higher level of protection offered by these cards has been one of the biggest benefits of utilizing Paysafecard as a payment option. You don’t have to provide any financial or private information to buy them. However, you should ensure that the online casino you are about to play adheres to the gambling laws and regulations in New Zealand.
Gambling can be a dangerous and addictive habit. If you or a loved one has a gambling problem, please seek assistance by calling the National Gambling Helpline at 0800 654 655.