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UK and Europe Get New Payment Option: PaySafeCard

21 February 2011 by admin

There is a new secure payment option that is being used in online casinos, such as Microgaming powered Crazy Vegas, over in the United Kingdom and the rest of Europe. The name of this new payment option is PaySafeCard. Players who use this card are able to keep their person financial information safe as it is not needed or necessary.

The PaySafeCard functions similar to the prepaid cards that players in the United States are having to resort to in order to continue playing their favorite online casino games. Unfortunately the PaySafeCard payment option is not available to citizens of the US, but that is because of how the card works—remember I said it was similar to the prepaid cards, but it is not the same exactly.

Players who wish to use the PaySafeCard simply go to the payment service’s site and sign up. They then have access to more than 300,000 retailers who accept PaySafeCard, including some overseas online casinos. When a player finds a retailer that they wish to do business with, they simply upload or prepay money that is designated for use at that retailer. Then the user can go to the retailer’s site and make purchases up until the prepaid amount is exhausted. In this way the retailer does not require the user to give their personal financial information, such as a credit card number.

For a player who wishes to use PaySafeCard at an online casino, they would first find the online casino after logging into the PaySafeCard site. They would then upload or prepay the desired amount to the online casino of their choice. Then the player could go to the online casino to the cashier section of the online casino, and then pay using the PaySafeCard option. They could deposit to their player account up to the amount that they prepaid on the PaySafeCard site. In this way the online casino does not receive the player’s financial information, like a bank account number or credit card information.

Crazy Vegas is one of the overseas online casinos that accepts PaySafeCard. They are in fact very happy with this payment option and are encouraging of players using it. Trevor Pen, Casino Manager of Crazy Vegas, said, “PaySafeCard is an ideal way for our players to make easy, quick and most importantly, safe deposits onto their online casino accounts. We reward our players for looking out for their own transaction security with a Redeposit Bonus of 10% back on every ongoing purchase made using PaySafeCard.”

Europe and the UK seem to be quick pleased with the PaySafeCard system. With payment sites such as this, it leaves the possibility open that something similar could be developed for US players to allow them a safe and secure deposit method.

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