The PaySafeCard is a type of cash voucher that you can use in a lot of different countries, Canada included. The majority of PaySafe users are using the service due to the security, and also because the PaySafeCard is available in 5 different currencies: Euro, British Pounds, US dollars, Swiss francs, and Swedish Krona.
Unfortunately for our US-based players, due to recent regulations there, US residents can not, and should not, use PaySafe to finance their online casino balances. There is a scarce number of US casinos who still allow these cards to be used, but just to be sure, we suggest that you check with the casino support before using a US online casino.
The biggest difference between this card and literally any other deposit method is that it is neither a credit card nor an e-wallet. Therefore, it does not require a registration process or verification process before you can start using it. The card works with a ‘ticketing’-system that allows you to purchase a 16-digit code that you’re then able to redeem for cash at a merchant or online casino.
The easiest and most straightforward way to get a card is to head on over to a local certified retailer. Not sure if you have one? Go to the PaySafe website to locate your nearest retailer. Then, all you have to do is visit the store to purchase your prepaid card using cash. The card itself is purchased physically from a store, and it’s a good idea to make sure the card you’re purchasing has a so-called ‘over 18 code’, which allows you to use it at an online casino.
There are a few online merchants that you can obtain a card from as well. They are, however, usually more expensive than getting a card from an actual store, and since you have to share your purchasing details to get the online card, it is not even close to being as secure as doing the physical purchase yourself. If you purchase your card online, you will get your card code emailed to you, rather than being sent a physical code by mail. Serious PaySafe distributors will also add a password to the code.
Making use of one of these cards is very easy. All you have to do is enter the 16-digit code to the cashier of a casino that accepts this payment method. Once you’ve entered your deposit amount, you will be automatically redirected to your secure card website to enter your code and the password that came with it. Once this step has been completed, your funds should be automatically credited to your casino account balance.
Convenience is the most obvious reason why you would want to use this prepaid card as a Canadian player. There is no need for registration or verification, all you need to do is make a cash purchase at a retailer and you’re ready to make a deposit at your online casino.
The fact that you are purchasing the cards using cash is also adding an extra level of security to this method, as you are not required to share your financial details anywhere.
Obviously, not all of us want to have to visit a retail store to physically purchase the card. Furthermore, the cards are capped at a value limit, which makes them less interesting for high rollers and other players who like to make fewer, high amount deposits, rather than lower deposits of smaller amounts.