What is Paysafecard?
For those who don’t know, Paysafecard is a pre-paid online payment
method. Customers are able to process payments without having to disclose any
credit or debit card information, a deciding factor for many, as today more
than ever, privacy is key. Not only is Paysafecard one of the most certified
payment methods available on the web, it allows holders to process payments
quickly and with the utmost safely.
Although primarily associated with online shopping, Paysafecards are
also a proven method of depositing funds into an online betting account.
Purchasing a Paysafecard is simple. By visiting one
of the 450,000 outlets worldwide, you can
exchange a cash amount to be loaded onto a Paysafecard. Upon purchase, you will
receive a 16-digit pin which is used in order to complete online transactions.
For example, depositing funds into a betting account at one of the Paysafecard
partner sites.
In order to successfully deposit funds, you must be using a betting
site which approves Paysafecard as a viable payment method. Although some do
not, plenty of the major online bookmakers and Betting Exchanges like World Bet Exchange (WBX) accept
Paysafecards.
Why use Paysafecard?
There a number of reasons why one might opt for using
Paysafcard for online betting. Aside from the safety advantages over regular
debit/credit card payments, one particular advantage of using Paysafecards to
deposit gambling funds, is that because you are only able to use at partner
sites and because the card has to be loaded with cash, one is less likely to
spend more than intended when gambling. Thus to some degree, minimising the
risk, as you can only lose what cash has been loaded onto your
Paysafecard. A further advantage is;
because it legal for you to allow someone else to use your 16-digit pin, Paysafecards
make an excellent gift for someone who enjoys online betting.
Security From a security point of view, you might be thinking: how
can I be sure it’s secure and that my details are safe? Paysafecard, ensure
their users that security online is constantly monitored and regularly
upgraded. The beauty of the Paysafecard though, is that the 16-digit pin you
are given, relates only to your cash account. At no point are any credit/debit
card or bank details ever revealed, meaning there is zero chance of your
private financial information falling into the wrong hands. This being said, it
is still important for users to exercise caution when using Paysafecards.
Keeping your
pin safe is always advised, because although gaining
access to the 16 digit pin wouldn’t enable anyone to identify your card/bank
details, it would of course enable them to use whatever money is loaded onto
the Paysafecard. Likewise, at no point should you be coerced into adding funds
through a website claiming to be Paysafecard, money is only legitimately loaded
through authorised sales outlets, where payments take place only in cash. From
time to time there will always be websites masking themselves as Paysafecard in
order to obtain your card/bank details. These are of course online scams and
cooperation with such rogue sites, should always be avoided[CC1].
WBX.com is a good place to start depositing with Paysafecard.
They accept deposits in GBP, EUR, USD, AUD and CAD currency and have a generous offer of up
to £25 free bets for new members. Their odds are also much
higher than most bookmakers so you will win more on your bets. Sign Up Now!
News - 01/12/2014