MoneyGram vs. Paysafecard

Deciding whether you should use MoneyGram or Paysafecard to fund your online casino ventures can be hard. Both of these methods are well-established options with more than enough experience under their belt to make them worth their time. They’re safe, reliable, and come with a myriad of other pros, respectively, that can make transacting an easy ordeal. On top of all this, these options are available worldwide! It doesn’t matter where you’re located, you can easily get your hands on these services and start using them immediately. Of course, given their benefits, they’re usually the preferred choice over some local options you may have available. If you’re a newbie to the online gambling world and need help deciding which of these methods to use, in this text, we’ll try to answer one important question – Why use MoneyGram or Paysafecard in online casinos?

About MoneyGram and Paysafecard

Most people are surprised to hear that MoneyGram has roots dating back to the 1940s! One part of the powerhouse we know today started as Travelers Express, a money order company operating in the US at the time. Much later down the line, in 1998, it teamed up with Integrated Payment Systems Inc. and transformed into MoneyGram. As you can imagine, this wasn’t the end of the rebrands. While keeping the name made sense when it was a US-only firm, once it went international, it needed to reflect its now-massive worldwide reach. It did so by becoming MoneyGram International in 2004.

It didn’t take long for MoneyGram to establish itself as one of the best-known money transfer services around the globe, reaching a mind-blowing number of over 150 million users. Due to its excellent offers, it managed to become a leader in the field of payment solutions, boasting branches around pretty much every street corner in every city and town imaginable! These days, most people can recognize the company’s logo instantly. Its land-based presence is practically unrivaled, and it’s even upgraded to include a digital money transfer service as well.

While the only way to use MoneyGram had been to visit a physical location until not too long ago, its new digital service allows users to send transfers fully online. Unsurprisingly, the digital service has quickly grown to be a smash-hit, outperforming competitors and earning a place at the top of the peer-to-peer digital money transfer services pyramid! One of the best things about this modern addition to the company is how convenient it is. All players need to do to make a transfer is visit the site through PC or mobile and enter a valid bank card or account when prompted.

You might think we’ve already sung MoneyGram’s praises enough, but things don’t end there. There’s a good reason why the company’s digital solution has gained so much traction in such a short time, and it’s how well it treats users! To start, users get a discount of 20% on the fee for their upcoming transfer. On top of that, they immediately start collecting Plus Reward points that can be redeemed for special treats later on. Some of these benefits have caught the attention of online casino fans in particular, so these days, the method is blowing up in the online gambling scene.

Paysafecard might not have roots that date back to the last century, but it still got over two decades of experience under its belt. The service was released in the year 2000, and to the surprise of many other payment services, quickly grew to become a fan-favorite option used by hundreds of thousands around the world! What’s interesting about this method is it was released at pretty much the same time as two other massively popular services by the same company – Neteller and Skrill. Paysafe managed to take the best of each product and use it to grow its other offerings. Naturally, this gave Paysafecard a massive boost not too far down the line.

If you’re not sure how this simple prepaid card grew to become one of the most popular payment options in the world, we’ve got an explanation that might satisfy your curiosity. Paysafecard was released at the same time the online shopping craze began. The internet was becoming a widely accessible commodity in households across the globe, and with it came the convenience of online shopping. Unfortunately, most people felt their safety might be compromised if they shared their info with websites, which is where Paysafecard came in! The method is convenient, reliable, and anonymous. The combo of these traits made it the perfect tool for shopping on the web.

Even today, convenience and anonymity are the main pros that keep users coming back to the service. Since there’s no need to share any personal data online, you can keep your banking information to yourself and manage purchases and payments by disclosing something as simple as your first and last name. On top of these safety measures, the convenience of using Paysafecard is unrivaled. While obtaining a card from a physical location can be somewhat annoying, getting one online only takes a few minutes. The process is easy to understand and can be initiated through PC and mobile.

Another thing to note about Paysafecard is that it’s not a single service as most other payment options you’ll find on the market. There are currently three different Paysafe services you can choose from, including the classic prepaid card service, the MyPaysafecard service, and the PaysafeMasterCard serviced. The MyPaysafecard service operates nearly identically to eWallets, offering an easy way to send and receive payments. The Paysafe Mastercard is a collaboration between the company and the leading bank card service Mastercard, and it works just like any bank card would.

Lastly, you might be interested to learn about the reach of this service. While it might have started by dominating European territories like Greece, Switzerland, and the Netherlands, it expanded to encompass much more than that. It’s now available in pretty much all corners of the world, including Mexico, The USA, Canada, Turkey, and more!

Getting Started with the Two Methods

Getting started with these methods can be both simple and complex at the same time. The complexity of using them comes from the choices you have. Of course, once you decide which service from these methods is a good fit, things should be easy as pie.

Let’s start things off with MoneyGram. To start using this service, you’ll need to reflect on whether you want to transact through a physical location or online. If you’ve landed on the first choice, the road may be a bit harder than usual, but not too much. Start by launching the service’s website and finding the locator tool. Here, you just have to enter your address and let technology do the work for you! The website should generate a list of nearby locations where you can make a transaction, and voila, you’re nearly done. Go to your preferred location, hand the clerk the requested information, and your transaction will be on its way.

If you’re a tech-savvy individual that prefers a more modern approach, you can use the MoneyGram online transfer service instead. The process is even easier to follow than the last option, and you can get things ready within minutes. To start, you can visit the service’s website or download its dedicated app for the Apple App Store or Google Play Store. Once you land there, you’ll need to set up an account. While you’ll need to fill out some personal information to do this, there’s no need to worry about privacy breaches. No private data is shared with the payment recipients.

Once your account is complete you can move on to the transacting process. Enter how much money you wish to send and choose a recipient. On top of this, you’ll also need to choose how the recipient will receive the money. Depending on your previous choices, a fee will be estimated and applied to the transfer total. You’re nearly done. The next step is paying for the transfer, which you can do through your bank account or bank card. When the payment goes through, you’ll receive a reference number used for cashing out. Make sure to give this number to the recipient of the transfer.

Players have several options to choose from when Paysafecard comes into play. Since these options are all vastly different from each other, they all come with unique challenges at the start. We’ll explore them separately, focusing on how the getting started process works for each one.

Since the last thing we talked about was the digital transfer service from MoneyGram, it’s only fair to start with its counterpart from Paysafe – the MyPaysafecard option. In essence, this service operates similarly to an eWallet. Users are free to top it up with a variety of other payment methods, including the company’s own Neteller and Skrill! As you may have guessed, to use this service, you need to visit its website and create an account. This shouldn’t take too long as it only requires some basic user information.

The next option we’ll explore is the Paysafe MasterCard service. This service is the opposite of the previous one. It’s a traditional bank card, so to obtain it, you’ll need to visit a qualified issuer like a financial institution or bank. Once you get there, fill out the registration forms with your info and provide the requested identity verification documents to proceed. If everything checks out, the bank should start preparing your card immediately. Once it’s ready to use, you can pick it up in the same place you applied for it or request it to be delivered by mail.

The last service we’ll check out is the Paysafecard prepaid card option. As you probably know, this is by far the most popular service of the bunch. It’s what most people associate with the name Paysafecard, and with good reason. To find this card, you’ll need to visit a local reseller and choose one in a denomination that matches your needs. It currently boats denominations of $10, $30, $50, $100, $150, and $250! It’s also available in several popular currencies. You’ll recognize the US dollar, Canadian dollar, the UK pound, and even crypto like Bitcoin.

Using MoneyGram and Paysafecard for Deposits and Withdrawals

Now that you have an idea of how to obtain these options, we can progress to the part most of you have been eagerly anticipating – using them to deposit at online casinos! We have some excellent news to share with you. As you know, both of these options have incredible worldwide reach. Thanks to this, they’re available in countless online casinos, including some of the most popular venues on the market! Take your pick of operators and deposit with your preferred method.

If you’ve landed on MoneyGram as your go-to deposit option, here’s how to proceed:

1. Visit the casino’s Banking/Cashier/Payment Methods page. 
2. Look for MoneyGram’s logo and click or tap on it. 
3. In the new window, enter your credentials to access your account. 
4. Specify how much you’d like to deposit, as well as the casino’s receiving details, if not specified already. 
5. Pay the total sum with fees calculated using your card or bank account. 
6. Send the reference number to the casino and wait for confirmation. When confirmed, the money will instantly arrive on your casino balance. 

We have more good news. MoneyGram doesn’t just offer withdrawals, it’s one of the best withdrawal options you’ll run into! The service is a staple withdrawal method in countries like the USA, garnering a reputation as one of the safest ways to cash out your winnings. The withdrawal process isn’t too different from depositing. Of course, we should note that the last step is reversed. This time, the casino will need to send you the reference number so you can confirm the cash out later on.

Throughout this text, we’ve mentioned multiple times that Paysafecard comes with a few payment services that work differently. Because of this, we’ll go over the depositing process of each one separately, starting with the traditional prepaid card option:

1. Check out 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.

Our second Paysafe service is the Paysafe MasterCard. The depositing process for this option is pretty much identical to using a bank card, so these steps will likely be familiar to casino fans that have used these methods in the past:

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’d like to deposit.
5. Accept the transaction, and the money will arrive on your balance right away.

The last service on this list is the MyPaysafecard. Since it’s similar to most eWallets, this service is an excellent choice for players looking for maximum convenience. Here’s how to use it for deposits:

1. Visit the operator’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 wish to deposit
5. Proceed with the transfer and wait for the money to arrive on your balance.

While depositing with Paysafecard is an easy job, the same can’t be said for withdrawing. The prepaid Paysafecard option, which is the most widely used one of the bunch, doesn’t offer withdrawals. Naturally, this is a huge disappointment to plenty of casino fans that prefer it. On the bright side, the other two services do offer withdrawals. These transactions come with benefits like top-notch speed for MyPaysafecard, and better availability for the Paysafe MasterCard.

Advantages and Disadvantages

Sifting through these methods, it’s hard to find any faults. Both services are incredibly popular worldwide, they’re well-established, safe, and reliable! One of the biggest perks of using Paysafecard and MoneyGram is having access to a myriad of online casinos. Players should have no trouble registering with some of the top operators in the online casino market, and even join local venues that might not be as well-known globally. On top of this, they also have excellent perks like quick processing speeds on their side!

The only cons we could find with these services might seem a bit nit-picky, but they can be important to some users. With Paysafecard, the lack of a withdrawal option for the prepaid card is a big setback. Sure, players can always add an alternative withdrawal option, but that can be an inconvenience. With MoneyGram, the only con is the fees. They’re pretty reasonable compared to similar services, but they’re still there.

Now that we’ve gone over everything there is to know about these two methods, we can safely say that they tend to cover all bases! Take your time to see which one works best for you, but no matter your choice, we don’t doubt you’ll be satisfied.