PaySafeCard is a prepaid card service that allows people to make payments and obtain credit without the need for having a bank account. Available at over 500,000 locations across the globe including Australia, this card service provides personalized pin numbers along with an account balance based off the amount of credit purchased. The card is not only good for helping one manage funding for certain activities such as gambling but it also helps users decentralize their funds away from banks as well as provide anonymous spending.
In the gambling world this card service is accepted at Spin Palace, as this is the leading online casino provider in Australia accepting e-wallets and alternative forms of payment. At Spin Palace’s website where you can receive $1000 in sign-up bonuses by following the above link there is an option called “banking.” Click on that and go to PaySafeCard in which it will be stated that no transaction fees will be conducted. Follow the link below that says, “Click here to register with PaySafeCard” and you are good to go. Casino players will then enter their Card information, get it verified and then have the option of spending the total amounts or partial amounts of their Card credit.
The signup process at Spin Palace only takes a few minutes using PaySafeCard, which includes getting your payment information verified. The casino also told us that withdraw using this Card take no more than 48 hours and typically falls in the 24-36 hour range. This is because the transactions are conducted virtually and there is no bank involved that requires a tedious process of red tape and bureaucratic measures. The regulations with PaySafeCard are less and fewer than banks as well due to the company’s involvement with gambling establishments.
The winnings earned at Spin Palace can be transferred into your Card based on the type of currency you deposited. In some cases if your PaySafeCard has a credit limit and your winnings surpass the total amount that can be added, you will need to contact the company and let representatives know there will be a massive amount coming in. Typically, this is not a problem for players but Spin Palace said if the amount exceeds a certain amount (they were not clear) then PaySafeCard may not allow the move. In this scenario you will have to choose an alternative form of withdraw such as a bank account, which can be linked quickly. Just because you used one form of payment for depositing doesn’t mean you can’t use another for withdraw.
We hope you will fall into this category of big winners and you should know that even if you use your bank account for withdraw that your bank account information and finances will not be affected. We have written extensively on this site about the loose tax laws on gambling earnings in Australia and how there is no legal framework that states players need to report their winnings since they are from a form of entertainment. We understand this may take away the purpose of separating your banking and gambling, but hopefully a major win will be the nudge to convince you otherwise.
All casino games at Spin Palace accept this Card service. With over 400 pokies games, roulette and a new live casino setup you will not feel bored at this casino. And what is even better is that you can play instantly with PaySafeCard for real money either through software download or through the instant play section that uses Adobe Flash. Whatever your preferred methods may be you can rest assured this casino will treat you right.
Alternatively, Royal Vegas also offers PaySafeCard as a payment option as well as a $1,200 sign-up bonus. This casino’s pokies selection is smaller but it is our top-rated choice for overall gaming experience. Transaction times using this Card service are about the same as Spin Palace and payouts are around the same 97% mark.