Buy Paysafe Online New Zealand

4/11/20224/11/2022

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Online casino gambling requires far more interventions than regular gambling does when it comes to funding your casino account or withdrawing your winnings. Fortunately, in this world of growing e-commerce innovation, digital payment solutions are a dime a dozen. The only problem is most of the products are European.

Fortunately, European payment brands like Paysafecard have opened services to Kiwis in New Zealand, making the deposit process to the casino just that much easier.

Essentially New Zealand online casinos that accept Paysafecard payments, this overview will tell you everything you need to know about the method. From where to find a Paysafe casino and how to stay safe to which Paysafecard. Paysafecard is the European leader in online payment methods.It's a method of payment accepted by more than 4,000 partners from various sectors such as games, social networking, music, movies.

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What is Paysafecard?

Paysafecard is a pre-paid payment solutionthat can be purchased either online or over the counter at over 650,000 vendors worldwide. Your purchase amount is tied to a 16-digit PIN which is used to top up your casino account instantly, ensuring safe and efficient transactions every time.

Paysafecard is an Austrian-based company that started in 2000. It has since spread around the globe to over 40 countries. It now services over 1 billion customers worldwide.

Do I Qualify to use Paysafecard?

If you are a Kiwi, you are in luck. New Zealanders have been able to use this convenient payment solution since 2015, which has made deposits to casinos easy to fulfil. If you struggle to find a store vendor who sells the vouchers, you can register a once-off My Paysafecardaccount online and purchase them there in NZ$.

If you are looking for a degree of anonymity on your spending or prefer to keep your banking details away from the online casino sites you frequent, then Paysafecard may be the payment solution for you.

How Does Paysafecard Work?

Before funding your casino account, you will have to go through a little effort to purchase a Paysafecard voucher. Kiwis can purchase these from any epayoutlet. The vouchers are restricted to certain values and include denominations of 10, 20, 50, 100, and 200NZD.

If you would like to purchase the vouchers online, you can register a My Paysafecardaccount on your desktop or download a mobile app for Android and iOS devices. This way you can manage more than one PIN in your account.

You will also not have to spend the full value of your cards after you buy them but you can stack the vouchers and their balances.

Fees

Using Paysafecard is essentially free, however, costs can begin to mount if you do not use them within 6 months of purchase.

A maintenance cost of NZ$4 will be levied after 6 months as an administration cost for the management of your PINs. Exchanging currencies also come with additional costs, depending on the rate of exchange at the time.

Limits

There are definite restrictions and limits on your spending on both normal Paysafecard and My Paysafecard vouchers.

Paysafecard: You can only spend up to NZ$500 in combined PIN transactions at a vendor. Most online casinos will only allow one PIN per deposit.
My Paysafecard: the combined spend of more than 1 pin is restricted to NZ$500, but you can carry far more credits in your account.
- Maximum value of PINS in account: NZ$4,000
- Annual PIN top-up limit: NZ$10,000
- Annual total value of used PINs in My Paysafecard account: NZ$7,000

Loading up your Casino Account

Once you have a My Paysafecard account or a physical voucher in your possession, you can reload your bankroll in 3 easy steps.

Head to the Cashiers Page and select Deposit.
Select Paysafecard as your deposit method of choice.
Enter your 16-digit voucher number along with the currency and amount you want to transfer.

Once the casino has accepted the top up, you will be able to play all your favourite pokies and casino games within seconds.

Are Paysafecard Casinos Secure?

Paysafecard is registered with the Financial Conduct Authority (FCA) and is regulated all around the world. Your My Paysafecard account is secured by SSL encryption for safekeeping and can only be accessed with a password of your choosing.

However, physical vouchers are like cash. If you lose them, someone else can pick them up and use them, so keep your purchases safe. There is no data attached to the voucher other than the encoded dollar value, which means that your private details are kept far away from the online space.

What are the Benefits?

There are several benefits to using Paysafecard.

It’s Pre-paid: This means that you don’t have to worry about authorisations failing or authentication issues.
It’s Instant: Deposits with Paysafecard reflect instantly once the voucher is accepted.
Fee–Free: Paying with Paysafecard is essentially free.
Safety: Paysafecard protects your privacy, while My Paysafecard accounts are secured by bank–level security.
Easy to Manage: You can use your mobile phone, tablet, or desktop to manage your vouchers effortlessly.
Currency Exchange: You can pay across currencies with Paysafecard.
Cash Transaction: Paysafecard is one of the only ways that you can fund your online casino gambling with a cash purchase. This is obviously only true if you buy the voucher over the counter.

This list above should provide you with ample motivation to set up your My Paysafecard account without delay for the next time you charge up your online casino bankroll!

Are there any Disadvantages?

There are a few fallbacks involved with opting for Paysafecard Casinos.

Availability: Not accepted in all countries and by all casinos.
Effort: It takes effort to purchase a voucher prior to recharging your account.
Deposits Only: Unfortunately, you cannot withdraw your wins from an online casino with Paysafecard. This means that you will have to use another banking method for withdrawals.
One Deposit Only: PINs cannot be combined for a single deposit. Most casinos adopt an ethos of ‘one PIN, one deposit’.
Transferable: Physical vouchers are not tied to any one identity. They can, therefore, be stolen or lost and used by another party.

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As with all things in life, nothing is 100% perfect. Paysafecard provides far stronger pros than cons though and should be viewed as a real payment contender.

Choose Paysafecard Payments

Paysafecard is a very popular payment method at Kiwi casinos operated outside of Europe.

Buy Paysafecard Online New Zealand

The safety and speed at which the payment solution works is perfect for gamblers seeking to play within seconds of transacting. This PCI approved payment facility is tops as far as we are concerned.

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(Bloomberg) -- Paysafe Group Ltd., the online payments firm backed by Blackstone Group Inc. and CVC Capital Partners, agreed to go public by merging with a blank-check firm led by billionaire Bill Foley.

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The deal with Foley Trasimene Acquisition Corp. II values Paysafe at about $9 billion including debt, the companies said in a statement Monday. The special purpose acquisition company will raise $2 billion in a private placement to help fund the transaction.

Bloomberg News first reported last month that talks about a deal were underway. At $9 billion, it is among the largest blank-check mergers this year, behind MultiPlan Inc.’s $11 billion merger with Churchill Capital Corp. III and United Wholesale Mortgage’s pending $16 billion merger with Gores Holdings IV Inc.

Fidelity National Title Insurance Co., Dan Loeb’s Third Point LLC, Suvretta Capital Management and Hedosophia are among investors that have agreed to participate in the private placement by Foley’s vehicle, according to Monday’s statement. Existing Paysafe shareholders, including its private equity backers and management, will remain the largest investors in the combined company.

Bill Foley

Photographer: Ethan Miller/Getty Images

Read more: No One Mints SPAC Money Like Serial Dealmaker Bill Foley

London-based Paysafe -- which Blackstone and CVC bought for about 3 billion pounds ($4 billion) in 2017 -- offers payment processing services that enable companies to accept credit cards, cash and direct-debit transfers online. It also offers prepaid cards and digital wallets. The company operates through brands including Income Access, Paysafecard, Skrill and Ne teller.

Foley Trasimene Acquisition Corp. II raised $1.47 billion in an IPO in August. Its shares closed Friday at $10.62, giving it a market value of $1.95 billion.

Foley has a track record of SPAC mergers in the financial services sector. One of his prior vehicles teamed with Blackstone to buy the insurer Fidelity & Guaranty Life for $1.84 billion in 2017.

He has another SPAC that also went public this year called Foley Trasimene Acquisition Corp., which isn’t involved in the Paysafe talks.