SafetyPay: secure deposits at Online casinos

SafetyPay was created in 2007, inspired by a true story. A resident of Chile was unable to complete an international online payment with his credit card, and the store in question did not accept any other type of international payment.

The idea was then to create a new form of payment that was not limited to the usual methods, offering both customers and entrepreneurs a new way to transact money around the world. Over time, the service has grown to various parts of the world, including New Zealand and Europe, where most online casinos are based.

Today, SafetyPay works as a mediator between the customer and the service he wants to get. The customer can choose to pay with the balance of their current account, through access to their online banking, or pay directly with local money, at an accredited physical location.

This platform is the first online payment technology not based on cards or virtual wallets, differentiating itself from more well-known methods such as Neteller, Skrill, AstroPay and the Paysafecard .

In addition, using SafetyPay has been completely safe for over a decade. The company strictly follows all the necessary security protocols to operate in the countries in which it is present.

As we mentioned, this method is different from other online payment platforms. It is not a virtual wallet, and does not offer prepaid cards. Instead, it looks more like the bank slip and the bank transfer .

First, because you can make payments directly with cash (as with boleto), or payments via online bank transfer (as also happens with direct bank transfers that you make using your checking account balance). In this way, to make payments via SafetyPay you do not need to make any kind of registration on the site. You can use it whenever you want, as many times as you want, on the platform's partner sites.

Although this method is still little known to players and bettors, those who use it do not have much to complain about. It is a secure and easy method of making international transactions on some of the world's largest online providers, including Spotify, Skype, Facebook, take off, eDestinos, and the list goes on.

We know that many bettors also appreciate making their bets as confidential and private as possible. Therefore, making deposits at casinos with money can be one of your best choices. Thus, no record of the bets remains on your statement or credit card bill.

In that sense, SafetyPay is an affordable and easy – to-use option-any New Zealand resident can use it. In addition, it does not impose limits for each transaction, which means that you can pay the amount you want, just remember that betting sites put minimum and maximum deposit limits.

As for the processing time of payments, if you are using online banking, your transfer will be processed almost immediately. If you prefer to make cash payments, you must wait for the payment to be recognized, and this may take a few business days.

Further down in this article, we show you the step by step to make deposits using SafetyPay. Unfortunately, this method does not allow withdrawals, which means that you will have to use another payment method to withdraw possible profits.

In case you haven't seen it yet, we've written a super detailed guide on the payment methods offered in New Zealand . In this article, you will find information about all the methods you can use to make your withdrawals!

As we mentioned, there are two methods of making payments using SafetyPay. They are:

• SafetyPay Banking

With this option, you will be able to make secure payments using your bank account. To use this method, you will need to have an account with one of the partner banks (Bank of New Zealand, Itaú, Banrisul, Bradesco, Santander and Caixa Econômica Federal).

You will also need to have access to what they call internet banking , which means access to your online bank account, from your computer or mobile phone.

• SafetyPay Cash

With this option, you will be able to make cash payments exclusively at Caixa Econômica banks, lottery houses or other accredited points (such as stores, convenience stores, among others).

To use this method, it is not necessary to have a bank account or credit card.

Like everything in life, use SafetyPay to make sports betting or take advantage of some of the best casino games it has its advantages, and also some disadvantages. To save you the trouble, we researched what they are.

Check out below exactly what to expect when using this platform!

ADVANTAGE

• SafetyPay adds an extra layer of security to online banking. The method is completely safe and legal to use from New Zealand and can be used by users of the largest New Zealand banks. Through the platform, the risk of theft of information is practically non-existent, since it does not provide the site with your personal and financial data (such as your CPF, your credit card or current account number).
• For those who like to maintain their privacy in online betting, the option to pay with money can be a great option.
• The company does not apply limits on the amounts that the user can transact. This can be useful especially for high rollers.
• It is possible to make payments using your local currency (in this case, the real (BRL), avoiding conversions to foreign currencies).
• It is an affordable method to make international payments for those who do not have an international bank account or credit card.

DISADVANTAGE

• It is not possible to make withdrawals from the casino through this method.
• SafetyPay is still poorly accepted and widespread on betting sites, reducing your options if you decide to use it.
• The fees charged for each transaction are not clear on the website.

If you are already a fan of online betting, you already know very well how to make deposits and withdrawals from your virtual account. If you haven't started your betting career yet, you'll need to learn before you start. Below we detail the step by step.