Prepaid cards have been one of the biggest deposit methods since their inception into the online gambling world. This is due to the fact that it is safe and keeps players from regularly depositing, these are two major components for a lot of bettors. They also allow you to deposit a good chunk of money and are fairly seamless once used.
Prepaid cards have been used in a range of industries but most commonly, they are used in the iGaming sector. We can see this method growing and growing but we decided today, to make sure our readers get the best insight possible, we would ask one of the Founders of Fruity Slots, who is one of the leading ambassadors in the UK and Ireland’s online casino industry.
Jamie Rosen’s insight on the industry itself is incredible and his expertise can give us valuable information about the growth of Prepaid cards and why they are so important to players and casinos around the world.
Verge Magazine: Why do you think prepaid cards, like paysafecards, are so popular and important in the online casino industry?
Jamie Rosen: There is a reason why prepaid cards like Paysafecard continue to be adopted by a number of online casinos, and that is safety. Every online casino you play should prioritise player safety and there is more risk than an unsafe deposit method.
Verge Magazine: Why is player safety so important and why does Paysafecard excel this so much?
Jamie Rosen: “Firstly, safety is the most important thing here and should be for players and the casinos. When a player signs up for an online casino and deposit, they are giving up valuable information about themselves in a trusting way. If an online casino can’t offer safety then players should completely avoid it.
With Paysafe cards and other prepaid methods, it is not only safe but it is also confidential, it allows players freedom from bank statements, hackers and other safety issues. It is one of the few deposit methods that requires zero banking information, luckily for players, many casinos accept deposits with Paysafe, this allows you to have full safety and security while also allowing you to pick a casino that you want.
Verge Magazine: Other than the important safety options, what other things do Paysafecard’s offer that are important to players?
Jamie Rosen: There are a lot of things that Paysafecards offer but one of the biggest is confidentiality, a lot of players are fairly secretive about their betting lives and having deposit methods that don’t show up in bank statements is a positive for a lot of players.
As well as this you have the availability, paysafecards are everywhere. They are available in almost 50 countries and it also has a free app that anyone can use. Paysafe online casino players can even make payments through QR codes which makes things that little bit easier.
Verge Magazine: Do you think other deposit methods will take the best parts of Paysafecards in the future?
Jamie Rosen: Overall, I think some of the best parts of prepaid cards, in general, are the unmatchable. When you look at other methods like PayPal or bank transfers, these can’t offer the confidentiality that Paysafe can.
This is also matched by the safety of the method. A hacker or an unsafe casino could result in your PayPal information or banking information being compromised. This is obviously players want to avoid and Paysafe deposits can offer this.
Verge Magazine: “Would you recommend online casinos adding prepaid cards to their deposit methods?
Jamie Rosen: Absolutely, I think prepaid cards are an underrated deposit method and if more casinos offered it as a method, we would be seeing it used by more and more players. I also think a casino offering this method adds another layer of authenticity to your casino.