Punters can now choose from various simple ways to pay, thanks to the explosion in popularity of online sports betting around the world. On the other hand, a lot of these choices can be hard to follow, slow to show up in your betting account, or even have hidden costs. This brings us to the launch of Paysafecard for online sportsbooks.
More than 40 countries across the globe currently use Paysafecard, which started in Austria in 2000. After Skrill, a British wallet provider, bought Paysafecard in 2013, the Optimal Payments Group bought it out in 2015 when it became a part of Skrill.
Best Sports Betting Websites That Take Paysafecards as a Method of Payment
YYY Sports
When looking for a betting site that accepts Paysafecard, YYY Sports is the best choice. The NBA, the Premier League in England, and the UEFA Champions League are just a few of the popular sports leagues available. A wide variety of sports, from football and golf to esports, politics, and chess, are available as betting markets on YYY. Choose from standard fare bets like totals, handicaps, and outright winners
If not more so than YYY’s sports area, the live betting section is a must-visit. Digital football tournaments, such as FIFA World Cup and FIFA Battle, are available to Arab bettors. You may view all of your favorite live sporting events as they happen on live TV. As a bonus, the live info column on the right side of the screen will keep you informed of upcoming live games. As the game advances, you can place bets in real-time and track the changing odds by comparing them
One of the deposit alternatives that this site offers is Paysafecard. You can load your prepaid card with multiple vouchers, and the deposits are instant. Because the business strives to keep expenses low, there are no fees associated with making a deposit.
However, there is a processing fee and a monthly transaction fee that you may be charged. If your account is inactive for more than a year, you can potentially be charged. Paysafecard sports betting sites do not support withdrawals using this card.
Use of Paysafecard for Sports Betting and Its Benefits
There are a plethora of Paysafecard sports betting sites to choose from, which is the best news for Arab players who keep to a single payment method. To be more specific, it’s one of the main draws of this prepaid card choice for gamblers.
Safety and Security
The highest level of security is provided by this payment option, which is its finest feature. Paysafecard is the best alternative for sports bettors who are wary about providing their personal information. Users may remain anonymous when utilizing these Paysafecard sports betting sites since all they need to do to make a transaction is enter the 16-digit PIN that came with their voucher.
Purchasing Paysafecards
Any reputable sports betting site accepts Paysafecard as a deposit method, and finding a store that sells the vouchers is a breeze. You may also purchase a card online or use the app to monitor your spending and add funds.
Quick Payments
Another advantage is that this payment option is instantaneous. Most online sportsbooks immediately process Paysafecard deposits, allowing customers to start betting upon confirmation of the transaction.
Paysafecard Compared to Other Payment Methods for Sports Betting
Prepaid technology forms the basis of Paysafecard, an electronic wallet. To deposit at any Paysafecard sports betting site, you just need to generate a PIN. Like e-wallets, Paysafecard allows you to load funds into your account without providing your banking or personal details, so your anonymity is preserved.
Paysafecard is an app that you can download to your phone or tablet and use for all of your purchases. This is not only practical, but it also helps you keep track of your sports betting funds, so you won’t go over your budget. With everything being digital, deposits should be processed faster than with older methods.
It is not a good idea to use a credit card, debit card, or bank transfer if you are betting from an Arab country because doing so could put you in violation of local laws regarding sports betting. Electronic wallets and Paysafecard alternatives are so suggested.
Fees are another perk of using Paysafecard at sports betting sites instead of bank transfers or credit cards. Withdrawing funds from your sports betting account with a major credit card could cost you a lot of money, but solutions like cryptocurrency, digital wallets, and pre-paid vouchers (Paysafecard) have extremely low processing fees.
How to Open a Paysafecard Account to Bet on Sports
Select a sportsbook that accepts Paysafecard as a payment option. Before you may add funds to your betting account, you must first open a Paysafecard account. A Paysafe PIN can be obtained via customers in multiple ways. The first option is to purchase a preloaded card from an authorized supplier. Another option is to visit the Paysafecard website and buy one there. To follow that, you will just need to follow these four steps:
- Find the “Paysafecard Online Shop” button and click on it.
- Visit the WKV page; they are Paysafecard’s official distributor and partner.
- Sign up for an account by providing your full name (first and last), email address, and any other information needed for verification (such as your bank details).
- Submit the desired amount to be deposited into your account.
You can easily fund your betting account and there are no fees required. Here’s how to put funds into a Paysafecard:
- Access your account where you wager on sports
- To use Paysafecard as your deposit method, go to the checkout area and click on it.
- Submit the amount of your deposit.
- Please provide your 16-digit PIN.
- The availability of your funds is immediate.
For more protection and verification while making online purchases, it’s best to use the same name and email address that you used when you created your Paysafecard account.
FAQs
How safe is Paysafecard?
Paysafecard is a safe and secure alternative to entering your financial information online when making payments on online betting sites. The Financial Conduct Authority governs services provided by Paysafecard. There are the same safeguards and regulations in place for this form of payment as there are for cash.
Are withdrawals from Paysafecards enabled?
While Paysafecard does indeed allow withdrawals, the vast majority of online betting sites do not. On the other hand, e-wallets and cryptocurrency are alternative withdrawal options offered by several bookmakers.
Does Paysafecard come with any fees or costs?
Opening a Paysafecard account and making your first deposit are both free of charge. The corporation may impose processing costs when you request a withdrawal from your Paysafecard account. Furthermore, the exact amount you’ll have to pay every month will change based on your location. There will be additional charges if your account goes unused for 12 months.