How to convert your Paysafecard money?
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How to convert your Paysafecard money?

In the online casino business, you can deposit your money in many different ways. One of these ways is the Paysafecard prepaid card. You can find this payment method in many online casinos, unfortunately, it is only available in certain geographical areas.

For those who cannot use their Paysafecard credit, we will explain how to convert your Paysafecard money to use it at online casinos.

What is Paysafecard?

Paysafecard is a payment method based on prepaid cards that you can buy either in stores or online directly on the Paysafecard site or on sites specializing in the sale of prepaid cards.

How do I convert my Paysafecard money into Bitcoin?

Bitcoin is a virtual currency increasingly used on the Internet for all types of transactions. Online casinos are also taking advantage of it because most of them now accept Bitcoin as a means of payment.

With Paysafecard it is complicated to buy Bitcoin, at least on automatic platforms. You will have to go through a P2P market place (private to private) to be able to buy Bitcoin with your Paysafecard credit.

Paxful

Paxful is a P2P marketplace that offers the sale or purchase of Bitcoin via various payment methods. These transactions are carried out between individuals, it is users like you and me who are the actors of this market. Paxful is just the platform to put a buyer and a seller in contact. By registering on Paxful you can buy and sell Bitcoins.

To convert your Paysafecard money into Bitcoin, you need to register. Then, on the home page, you have to indicate the Paysafecard payment method and indicate the amount you have available for the transaction.

After entering this information, you can start your search. Then Paxful will offer you a shopping list from the lowest to the highest price by default. As you can see the prices can sometimes be higher than the current bitcoin price. The prices are offered by the seller with extra charges. The fees for the purchase of Bitcoin by Paysafecard are often very high, often exceeding the +50% fee on the price of Bitcoin.

If the prices are not suitable for you, we advise you to come back later, other offers will be available with perhaps more interesting prices.

When you are satisfied with an offer, press the buy button and get in touch with the seller. We advise you to read the information about the sale as well as the conditions of sale imposed by the seller.

You are now ready to buy your first Bitcoin with your Paysafecard money. If you want to continue using your Paysafecard money to buy Bitcoin, keep your seller as a favorite, it will give you a trusted person to do this kind of transaction with.

We also advise you to verify your identity on the platform, this will allow you to access other offers and also to secure your transactions. Click here to join Paxful!

How do I withdraw Paysafecard money from my bank account?

Another way to get your Paysafecard money back is to ask the Paysafecard site to refund your balance directly to your bank account. There are two ways to do this!

If you have a "my paysafecard" account you have to send an email with :

  • Your bank account data (name of the account holder, name of the bank, IBAN and BIC)

  • Your full name and surname

  • A copy of both sides of your valid ID card

The refund will be made within 2-3 working days with a fee of € 7.50 per transfer. We advise you to read this page click here to understand how it works

If you do not have a "my paysafecard" account you can fill out the coupon refund form available in the Help section or by clicking here A fee of € 7.50 per transfer is always charged.

To fill out this form you will need:

  • Your bank account details (name of the account holder, name of the bank, IBAN and BIC)

  • Copy(s) of the PIN paysafecard code(s) concerned

  • A copy of both sides of your valid official identification document

  • Proof of your home address (electricity bill, tax notice, etc.)

Electronic wallets

How to withdraw Paysafecard money on Neteller?

Neteller is an e-wallet like Paypal but much more advanced. You can find there a conversion service to different crypto-currencies allowing you to buy with your classic balance or to exchange some.

  • Bitcoin (BTC)

  • Ethereum (ETH)

  • Ripple (XRP)

  • Bitcoin Cash (BCH)

  • Litecoin (LTC)

  • EOS.IO (EOS)

  • Lumens (XLM)

  • Ethereum Classic (ETC)

  • Ox (ZRX)

On Neteller you can also find the possibility to pay with different means of payment. And guess what? Paysafecard is one of them!

It's quite normal to find the Paysafecard deposit method on Neteller's website because these two payment services are part of the same company (Paysafe Group). You can also count the Skrill payment method in this company.

To withdraw your Paysafecard money it's very simple to Neteller. First of all you need a Neteller account as well as a Paysafecard account. Go to the "Incoming Funds" section and then choose the "Paysafecard" method.

You will arrive on a page where you have to indicate the amount you want to deposit on Neteller or the amount you want to withdraw from your Paysafecard account. This allows you to either add the deposit fee to the desired amount or to integrate it. The deposit fee at Neteller is 2.5% regardless of the deposit method.

When you have decided on the amount to transfer, you are redirected to a Paysafecard payment page that asks you to login to your account and confirm the transfer via your phone number.

Once this is done, you will instantly receive your Paysafecard money on your Neteller account. From there, you can use your Paysafecard money as you wish from your Neteller wallet.

To take it one step further, you can also get a virtual or physical Neteller credit card, allowing you to use your electronic money in shops but not to deposit at an online casino via the credit card method. To get one, you need to have your account verified, which usually takes a good half hour.

How do I withdraw Paysafecard money on Skrill?

Like Neteller or Paypal, Skrill is an electronic wallet allowing you to use your money on the internet in different ways. You can also deposit, exchange or negotiate your crypto money.

The interesting part is that you can deposit your money in different ways, including Paysafecard and Neteller by the way. It's quite normal to find these two services on Skrill because as said in the previous part, these three payment services are part of the same company: Paysafe Group.

To deposit your Paysafecard money to your Skrill account, you need to press the "Send Money" button (on the main page of your account). Then select the Paysafecard deposit method, a 1% fee will be deducted from the transaction amount.

This percentage is much lower than Neteller's, but you can't choose to add this fee instead of taking it out of the transaction amount. So if you deposit €100 on Skrill, you will have €99 available.

After confirmation of the order, you are redirected to a page on the Paysafecard website where you have the choice to deposit via your Paysafecard account or via a Paysafecard coupon (which Neteller did not offer).

All you have to do is confirm to be debited with the amount and get your money back to your Skrill account. You can now enjoy your Paysafecard money via your Skrill account.

We can also add that you can get, like Neteller, a credit card that will allow you to use your electronic money in physical shops or on the internet with a virtual credit card. However, you will not be able to deposit money by credit card at an online casino with the Skrill card.

The Paysafecard credit card

Paysafecard has, like its sister companies, a service offering a credit card. This credit card allows you to use your Paysafecard money in physical stores or to make withdrawals at automatic terminals.

By clicking here, we redirect you to our article on Paysafecard to learn more on the subject

To obtain this Paysafecard, you need to have an account on the Paysafecard website. When your account is created, you also need to verify it and deposit €10 on it to pay the annual credit card fees.

Then go to the tab "paysafecard Mastercard", check the 3 conditions necessary for the order, and press "Order now".

Your Paysafecard has been ordered and you will soon be able to use it. This card will not allow you to deposit at an online casino using the payment method "credit card".

However, there is another way to use your Paysafecard credit card to deposit money at online casinos. Simply purchase other (different brand) prepaid cards with this one.

Convert your Paysafecard money to Cashlib

We are on the Recharge.fr website which allows you to buy your Cashlib coupons via payment methods such as credit card, PayPal, etc.. Or in our case, with money from our credit card Paysafecard.

You will need to go to the Recharge.fr website and select one of the 4 options available to you to choose the amount you want.

You are then redirected to a page to proceed to payment. Select the option "credit card" and don't forget to indicate your email address in the box provided.

Once the transaction is completed, go to the mailbox of the email you previously indicated. Usually, the site sends you an email instantly. With this coupon in your possession, you will be able to easily deposit the money you spent to get it at an online casino.

Convert your Paysafecard money to Neosurf

Same as for Cashlib, you can go to Recharge.fr to buy a Neosurf coupon with our Paysafecard.

After selecting the desired amount, the site redirects you to the page to proceed to the payment. Enter your email and choose the payment method "credit card".

When your payment is made, you can go to the mailbox of the email you previously indicated and retrieve your Neosurf coupon. You can now use this coupon paid with your Paysafecard money to deposit at an online casino.

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