Paysafecard poker sites have been around for more than a decade. Regulated by the UK’s Financial Services Authority (FCA), Paysafecard’s roots date all the way back to the turn of the millennium. In all that time, the prepaid card service has become an extremely reliable, and incomparably secure method of depositing for online poker players across Europe and beyond.
Based out of Vienna, Austria, Paysafecard has grown exponentially over the years, both in regional acceptance and user popularity. Today, it’s become Europe’s most commonly used alternative to paying online. This prepaid card is also available to US customers for general use, but Paysafecard poker sites do not accept this deposit method from American-based players.
Paysafecard Poker Deposits keep users Identity Safe
While there are many advantages to Paysafecard poker deposits, the shining gem among them is the ability to eliminate the threat of identity theft. It is merely a prepaid card/voucher that can be purchased at more than 480,000 retail outlets throughout more than 40 countries worldwide, available in increments of £10, £25, £50, £75 and £100.
Once purchased, users can go online to any poker site that accepts Paysafecard and deposit up to the amount credited on the card. Because it is a prepaid card, it works in the exact same ways as a credit/debit card, using a 16-digit card number. Once a card’s credit has been exhausted, simply throw it away and purchase a new one.
How to make a Paysafecard Poker Deposit
All of today’s major online poker rooms—from PokerStars and Full Tilt, to 888Poker and Ladbrokes—proudly accept Paysafecard poker deposits. Card holders can combine up to 10 prepaid cards in a single transaction, meaning a player can deposit as high as £1,000 at a time at Paysafecard poker sites.
To make a deposit, log into the online poker room and make your way to the cashier section. Select Paysafecard from the list of available deposit methods. From there, you will be asked to confirm the currency in which you are depositing, and the full amount of the deposit (including combined cards). Submitting this form authorizes the Paysafecard purchase, after which you will be taken to a new page to enter the PIN number(s) for your Paysafecard(s).
Poker sites generally enforce a 10 minute time frame between authorization and completion of the deposit, which should be plenty of time to complete the required entry of PIN numbers. If the session expires, simply go back to the cashier and start over.
Note that, in the case of a currency discrepancy, the poker site will automatically convert your currency to that used by the operator. For example, all PokerStars Paysafecard deposits are instantly converted to US$. During the deposit phase, you will be notified of the currency exchange rate, if any, prior to authorizing the purchase.
Once complete, the payment will be instantly available for access in your poker account, and best of all, there are absolutely no fees associated with Paysafecard poker deposits.
Are there any Negatives to using Paysafecard?
The only downside to depositing at an online poker site with Paysafecard is that users must find an alternative method for placing withdrawals. Being a prepaid card, funds cannot be transferred back onto a Paysafecard. It’s a one-way street, if you will.
As you know, Paysafecard is renowned for its security because the user never has to divulge any personal or financial information over the internet while making a purchase. If this is the primary reason you’ve chosen to make a Paysafecard poker deposit, you may wish to find a method of withdrawal that is equally confidential.
The majority of withdrawal methods do require some type of financial information to be disclosed, but not all of them. Cash transfers (i.e. Western Union) and cheques (delivered via conventional mail) are recommended for this purpose. Although there is an extended waiting period, the assurance of personal/financial information safety is worth it to many online poker players.