Flexepin vs. Paysafecard

Most online casino fans run into excellent payment options like Flexepin and Paysafecard during their time on the internet. This statement is especially true if they’re on the lookout for casino payment methods that provide heightened anonymity that doesn’t come at the expense of security! Although there are a few fundamental differences between these services, they’re both popular options in the online gambling space, and with good reason. Essentially, they’re the perfect combo of convenience and safety, giving users a reliable way to make deposits at their favorite venues. Naturally, we don’t expect you to be convinced by just a few lines, so up next, we’ll try to answer in more detail – why choose Flexepin or Paysafecard as your payment method in online casinos?

About Flexepin and Paysafecard

Although Flexepin is a voucher and Paysafecard is mainly a card service, both payments are prepaid. While this might seem like an inconsequential thing to some, it’s a pretty big deal in the online casino scene! Using prepaid payment methods grants users heightened anonymity when transacting in gambling venues. Of course, this means that you don’t have to share too much personal information when making payments! Sure, you might need to share your name, and potentially your email address, but you don’t need to put your banking details at risk.

Another common perk that comes from using prepaid methods is that they’re excellent credit card alternatives. After the credit card ban in countries like the UK and Germany, these services can come in handy. Despite the common ground they share, the two options couldn’t be more different in other regards. Let’s take a look at them separately, starting with Flexepin.

Flexepin made its debut not too long ago in 2015. It was created by an Australian fintech company Novatti, but it’s operated by Flexewallet Pty Ltd. It initially gained steam in Australia, but the service quickly caught international attention and spread worldwide! These days, you can find the voucher in a multitude of locations. These include Germany, Italy, the UK, Switzerland, Canada, Brazil, India, South Africa, Malaysia, and others! It’s worth noting that while the service is being used plenty in the previously mentioned locations, it’s experienced a personal record-high activity in Canada!

Players interested in the Flexepin voucher will find it very easy to use, and even easier to find. Unlike some other payment options that stick to exclusive shops, this one can be found everywhere from local markets to gas stations! Right now, you can find 14,000 authorized resellers in Canada alone, so you can only imagine the total when the entire world is taken into account.

One thing that stands out about Flexepin is its unrivalled security. First, the payment option is authorized by the Australian Financial Services and regulated by the Australian Securities and Investment Commission. Second, it implements a 16-digit code method that’s hard to get past. Once you purchase the voucher, you can rest easy knowing you’re the only one with access to this code. On top of all this, you also have the Stay Aware service the method uses. This unique feature allows players to check whether a merchant is authorized to sell Flexepin vouchers through the service’s official website. Additionally, the website also has a list of unauthorized Flexepin sites that claim to accept the method as payment. Avoid these at all costs!

The next method we’ll take a look at is Paysafecard. Established in the year 2000, this service quickly filled a gap in a rapidly growing market. If you were active online during this period, you probably have an inkling why the service became such a big hit. Essentially, the early 2000s marked the rise of online shopping. People around the globe couldn’t wait to try this new and convenient way to shop, and they needed a service to make it all possible! Paysafecard did just that. While there were other viable methods available for online shopping at the time, the anonymity this service provided added an extra layer of security from the many scams that ran rampant in cyberspace!

An interesting thing to note about this prepaid card is that it’s not the only popular service created by the Paysafe Group. The Paysafecard service launched around the same time as the company’s other two hit payment processing services – Skrill and Neteller! From the outside, it might seem like this would slow down business for the card, but it did the opposite! Since the Paysafe Group ran several successful products, it had a chance to learn from their various victories and shortcomings. The company later applied this knowledge to improve all three services significantly, helping their overall growth.

If you’re wondering what this growth meant for Paysafecard, we’ll sum it up in a few short sentences. First, the company improved the service by cutting down transactions speeds, making the payment process more convenient, and setting reasonable fees that don’t dent the wallets of loyal users. Second, the company used its newfound knowledge strategically to grow the service throughout Europe, and later, worldwide! Today, the service is available pretty much everywhere you can imagine. A few locations include the Netherlands, Germany, Switzerland, Greece, Mexico, Turkey, the US, and Canada!

One last thing to note about Paysafecard is it offers several services. While the prepaid card is most users’ go-to, it also offers a digital payment service adjacent to an eWallet and a bank card that’s issued in collaboration with MasterCard! These three options come with different pros and cons, all of which we’ll explore in more detail later on. For now, all you need to know is that the MyPaysafecard account can be funded through several means and works similarly to an eWallet, while the Paysafe MasterCard operates in the same way as any classic bank card.

Getting Started with the Two Methods

Getting your hands on a Flexepin prepaid voucher is much easier than you might think. If you don’t mind taking a short walk, we suggest visiting a local store, gas station, or other business that partners with the service! There are hundreds of these shops around, including ones like Hasty Market, GAS+, Dasiy Mart, BP, and more! The other option is purchasing a voucher for the service online. To do this, you should visit one of the supported Flexepin platforms. Among others, these include gaming sites like SCDKEY, OffGamers, and popular payment sites like TopMeUp, DPO Think Payments, and Payment Source.

Something players should keep in mind when going for a Flexepin voucher is that it comes in multiple currencies, both fiat and digital. Some of the popular options include euros, UK pounds, US dollars, Canadian dollars, Australian dollars, and cryptocurrencies like Bitcoin. It’s also worth mentioning that you can purchase the voucher through several different means. Some of them include AmEx, Maestro, MasterCard, JCB, and PayPal. The limits for vouchers from the service start at only $20 and reach a maximum of $500 per voucher. If you’re hoping to make a larger deposit, you can combine up to ten vouchers for a single payment, totalling up to $5,000!

Things with Paysafecard get a bit more complicated. As we’ve mentioned throughout this text, the method comes with three different payment options. Getting started with each one comes with its unique challenges, so we’ll take a look at them all separately to give you a better idea of how they operate.

We’ll start with the most popular option of the bunch, the classic prepaid Paysafecard. For maximum convenience, there are two ways to start using this service. You can either obtain one through a reseller in a nearby location or buy one on the web! Both options are easily accessible, as Paysafecard locations can be found in countless locations worldwide. The theme of convenience continues with this service. To give you all the more options, the prepaid card comes in denominations of $10, $30, $50, $100, $150, and $250. They also support several popular currencies, including the euro, US dollar, Canadian dollar, UK pound, and more!

Something players should keep in mind is that this card comes with a 16-digit PIN code. The unique code is an extra security measure to protect players from theft, but it also gives them additional responsibility. Since it’s an essential part of the depositing process, users should ensure they store it accordingly.

The second option we’ll go over is the Paysafe Mastercard. As you might have already guessed, there’s nothing that separates this card from other traditional bank cards. They work on the same principle, and they’re even issued in the same manner. To get the Paysafe Mastercard, your first step is visiting a bank or financial institution that issues this method. Once you find a viable issuer, you’ll need to fill out a few forms with your details and provide valid identity verification documents. If everything goes as planned, your card should be ready for pickup in a few days.

Finally, you can also use the MyPaysafecard option in the Paysafe family of services. Out of the three services, this one is easily the most modern. Since it functions like an eWallet, all you need to do is sign up for an account with the service and fund it with a supported payment method. You can do this by using a credit or debit card, among other alternatives. Sure, it might seem like this option requires tons of work, but it tends to be super convenient in practice.

Using Flexepin and Paysafecard Across Online Casinos

One of the best things about Flexepin and Paysafecard is their availability. As these methods are pretty popular both in and out of the online gaming space, they’re a viable payment option everywhere you turn. Given their wide reach, you should have no trouble finding an online casino that accepts these services.

Here’s what you should do to start funding your online casino account with Flexepin:

1. Visit the operator’s Cashier/Payment Methods/Banking page, look for Flexepin’s logo and click or tap on it.
2. In the new window, enter the 16-digit code you received upon purchase. 
3. Specify how much you’d like to deposit from the money you have on your voucher. 
4. Confirm the transaction and watch the money arrive on your balance in an instance.

While deposits with this method are easy to make, we have bad news about withdrawals. Since the service is a prepaid voucher, withdrawing isn’t an option. Players that want to withdraw their casino winnings will have to attach another method to their account and use this alternative to cash out. While you should have several options available for the process, we recommend using an eWallet or cryptocurrencies. Compared to most other methods, these have shorter payment processing times. 

The various Paysafecard options come with different depositing instructions. Because of this, we think it’s best if we present them individually, to give you a better picture of how to use them. We’ll start with the most popular one, the classic Paysafecard prepaid option: 

1. Visit the operator’s Payments/Banking/Cashier page
2. Search for the Paysafe logo among the other payment options
3. Choose the prepaid card option and enter the required 16-digit code
4. Confirm the transaction and wait a bit for the money to arrive.

The next method we’ll cover is the MyPaysafecard option:

1. Visit the casino’s Payments/Banking/Cashier page
2. Find the Paysafe logo on the list of supported payment options
3. Enter the required account information
4. Enter the amount you want to deposit
5. Proceed with the transfer and wait for the money to arrive on your balance.

Lastly, we’ll cover how players can deposit using the Paysafe MasterCard. The process tends to be identical to depositing with any other bank card, so you might already be pretty familiar with it:

1. Visit the casino’s Payments/Banking/Cashier page. 
2. Look for the MasterCard logo on the list of accepted methods and click or tap on it. 
3. In the new window, enter the card’s number, expiry date, and the CCV2 number, if needed, and specify your name as the cardholder. 
4. Specify the amount of money you wish to deposit.
5. Accept the transaction, and the money will arrive on your account balance instantly.

Paysafe withdrawals are a pretty hot topic on many casino forums, especially when the prepaid card option is in question. Since this method is the biggest go-to for most users, we’ll focus on how withdrawals work with it alone. Unfortunately, the answer is they don’t. Like most other prepaid cards, this one doesn’t offer a withdrawal option. You’ll need to find an alternative method to cash out, which is a big let-down. Of course, things aren’t all bad. If you want to add a withdrawal option with similar features to Paysafecard, going with Paysafe’s other services, Skrill and Neteller, is a good idea.

Advantages and Disadvantages

Now that you know everything there is to know about these methods, you should be one step closer to figuring out which one of them is a better option for your online gaming journey. If you need a bit more time to maul things over, we’ll summarize the good and the bad about these methods one more time.

Flexepin and Paysafecard have many things in common, starting with the fact that both are prepaid payment options with stellar security. They’re reliable, quick, and available in all corners of the world, online and offline! Their availability gives these methods a big advantage in the online gambling space. Since they’re viable options in most of the popular gambling venues, you should have no trouble picking up a voucher and playing your favorites instantly after depositing, no matter where you’re located. On top of this, fees aren’t much of an issue. Both methods can be purchased in a variety of currencies, making the usually hefty currency conversion fees found with other options obsolete.

We’d be doing you a disservice if we didn’t go over some of the biggest drawbacks to these methods near the end of this text. As you can guess, the biggest con to using Paysafecard and Flexepin is the lack of a withdrawal option. It doesn’t matter if they go for one method or the other, they’ll still need to add one more method to their casino accounts if they want to cash out their winnings. While Paysafe somewhat remedies this with the alternative options to its prepaid card, getting them still entails additional work on the player’s part.

If there’s one thing to draw from this comparison, it’s that both of these options are incredible in their unique ways. While they’re not perfect, they offer an excellent array of pros that are bound to give casino fans a head start in the online gaming space. Go over the information we’ve summarized a few more times, and we don’t doubt the right decision will come to you naturally.