Online Casinos in Germany Offering MiFinity
With online gambling now being completely legal in Germany, hundreds of online casino sites are catering to German players, properly licensed in the country. Across these sites, players can find a vast variety of payment methods to use, but none as convenient and fast as MiFinity. This is a legit and popular eWallet that allows German players to make cost-efficient deposits and withdrawals in their native currency. It offers so many other perks and it has become a name known across the online gambling industry, and since it is incredibly easy to use, if you wish to give it a go, stay with us as we’ll tell you all about it. What is MiFinity and why decide to use it as your payment method across German online casinos?
The Legality of Online Gambling in Germany
Germany is one of those countries that fought hard to keep online gambling away from its territory. In fact, it is a country that had a nice land-based gambling industry running for decades, but one that was against online gambling, for some reasons. And since it is organized in 16 states, each of which can introduce its own laws but also respect the federal laws, the situation was quite tricky for some time. In 2006, the prime ministers of all states gathered around to discuss the status of online gambling in the country, and decided against it, putting into effect the online gambling ban in 2008.
This is where things get tricky: the European Union was informed of this ban, and instantly ordered Germany to reconsider it, as it was contradicting the EU gambling laws. And since Germany is a respected member of the EU, it had to respect the orders of the European Court, so put under pressure, it finally permitted online betting. The vertical was legalized in 2012, and four years in, other verticals were legalized, too. The online gambling legalization was postponed to 2021, and that's when Germany finally gave in and opened its doors to all interested operators to get a permit to offer their services to its now fully legalized online gambling market.
Many of them applied and obtained their license from the Gemeinsamen Glücksspielbehörde der Länder (GGL), the regulatory body put in charge of overseeing online gambling activities and issuing licenses to eligible operators. Popular sites like Casumo, LeoVegas, and Trada were among the first to get their license, but many other followed suit.
Many developers, too, made sure to get their games licensed and ready for launch on the German market, like Endorphina, Habanero, and BetSoft, to name a few. With that, all German players got access to the most interesting, fun, and rewarding games, from all verticals, so to this day, they can enjoy award-winning slots, Live Casino games, table games, and many other types of online casino games, including poker.
Nevertheless, Germany keeps a keen eye on illegal online gambling activities, making sure it blocks the IPs of illegal sites, and prosecutes those unlicensed operators that continue targeting German players. It succeeds in curbing these activities, therefore, be careful when looking for sites to join, ensuring you join one that is properly licensed to operate in Germany.
When exploring sites to join, moreover, look for sites that offer MiFinity, as this is one of the most easy-to-use and convenient payment solutions at your disposal. This is an eWallet that will allow you to make seamless deposits and withdrawals in euros, in a blink of an eye! It is quite cost-efficient, too, and popular among German players, and it comes with many other perks you should definitely know about before you make your decision to get started with it. Continue reading, as we'll inform you of all the benefits you can get by deciding to use it as your payment method across the many German casinos that offer it.
Why Start Using MiFinity at a German Casino?
Launched by a respected company, a provider of online payment services with over 15 years of experience in the financial scene, MiFinity is an eWallet owned by MiFinity UK Limited. This is a UK company that made sure to have the product licensed by the FCA, to ensure it resonates security and reliability. Certified by Union Pay, too, the eWallet connects multiple sectors and industries, meaning it is available to anyone, anywhere, for all kinds of payments and purchases. It supports the MoneyExpress remittance program, too, offering acquiring services, and thanks to the latest tech it uses, it has ensured to connect banks and payment service providers to enable transfers of money across the globe.
That’s why the eWallet is accepted in more than 170 countries, in multiple currencies, the euro included, and even cryptocurrencies, with its mobile app and website supporting over 17 mainstream languages. As such, it is one of the most convenient and may we add, quite popular, payment solutions across the online gambling industry.
It can cater to global players, in their native currencies and languages, and that’s the reason why it is so popular in Germany, too. German players love using it, and respect its credibility and reputation, while sleeping tightly knowing that their money is always safe with it. That's precisely why the solution is so popular across the online gambling industry and offered across most, if not all German casinos.
To start using it, you need to create an account with it. Visit its user-friendly website and you’ll be prompted to create your account right there via your browser or download its dedicated iOS/Android app, depending on your device, respectively. Either way, you’d need to enter some basic personal details and create your username and password. After you verify your account, you’d need to fund it with money. To do that, you can use both local and global solutions, like Giropay, Trustly, Bitcoin, Bitcoin Cash, bank transfer (SEPA), MasterCard, Klarna and VISA, among others. But don’t worry, whenever you’re using the eWallet across online casinos, your banking and credit card details will never be shared with the operator.
We should mention here that each of the payment methods offered for funding your account and cashing out money from it would charge a different fee for their services; so, before you decide on one over another, make sure you are informed of the fees charged, to go with the most cost-efficient option.
The minute you’re done funding your account, you are ready to start using the eWallet across German online casinos. In fact, stay with us, as next, we’ll take you through the depositing and withdrawing procedures with it, so that you know exactly what to do when you decide on it as your payment method.
How to Deposit and Withdraw Across Germany Online Casinos with MiFinity?
We already mentioned that MiFinity is quite the popular payment solution across online casinos that cater to German players. You will, actually, find it at every second, if not every single German casino. So, your choice of sites to explore would be limitless. In addition to the ones we mentioned that acquired a license to operate on the German market, we can also mention N1 Bet, BitStarz, and Joo Casino, but feel free to explore other options, as you have plenty of excellent sites reviewed here at LCB you could go over.
So, your first task would be deciding on the casino to join, from the ones that offer the solution. Once you made your decision, join the site you chose by registering an account with it. Next, to make a deposit with MiFinity, go through the following steps:
- Find the Payment Methods/Banking page at your chosen casino.
- Locate MiFinity’s logo in the Deposits section and select it.
- In a new tab, log into your eWallet using your credentials.
- Specify the amount you wish to deposit.
- Confirm and you’ll immediately see the funds appearing on your balance.
As far as withdrawals go, they are also incredibly intuitive to request, and as fast! You would need to repeat the same steps, this time selecting it in the Withdrawals section, and requesting the amount you wish to cash out by logging into your eWallet. As soon as the casino approves the request, MiFinity will ensure the funds are instantly transferred to your account, safely and securely.
Its strongest suit is that, in addition to the many fiat currencies, it also allows you to transact in Bitcoin and Bitcoin Cash, so even if you’re a crypto enthusiast, you won’t need to look any further, and you can start using this solution for deposits and withdrawals in both fiat and digital currencies.
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FAQs
Is gambling online illegal in Germany?
Are German players allowed to join international online casinos?
How many German online casinos offer MiFinity?
Does MiFinity offer Customer Support I could contact in case I experience problems with my deposits/withdrawals?
Is it possible to open more than one eWallet account?
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