If you’re searching for information on Mifinity as an online casino payment method or where to find the best Mifinity online casinos, this guide is for you. On this page, you will find out all there is to know about Mifinity as a payment method, how to use it for deposits and withdrawals, possible fees, and the advantages of using it for casino transactions. Keep reading for more information on Mifinity online casinos.
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Using Mifinity at online casinos
Mifinity is an immensely popular payment method in online casinos. This payment method comes with a host of benefits, including speedy payments, additional security, and added control over your spending.
With Mifinity, you can make hassle-free deposits and withdrawals at many top online casinos. It is available in a wide range of online casinos as an established payment method.
How to deposit using Mifinity
When it comes to depositing with Mifinity at an Mifinity-friendly online casino, you will find it a quick and hassle-free process. There are a few steps to follow, but it’s fast and straightforward if your Mifinity account has been set up.
Step 1:
You first need to head to your online casino cashier section and choose Mifinity as your payment method of choice.
Step 2:
From there, it’s essential to take note of their payment information before opting into the online banking part.
Step 3:
Once you’ve done this, you can enter your details and select the account you want to transfer from.
Step 4:
Choose the amount you wish to transfer and complete the payment. Now all you must do is wait for the funds to pop up in your account, and you can start playing.
How to withdraw your winnings with Mifinity
Withdrawing your winnings is usually a bit more tedious, but with Mifinity, you can enjoy quick and stress-free transactions. The withdrawal process is relatively easy as you simply sign in to your account and head to the cashier. Again, you choose Mifinity as your payment method for the withdrawal. You will then be required to provide personal details, confirm these details, and enter the amount you wish to withdraw. You can now complete the transfer and wait for the funds to reach your account.
Fees and Withdrawal Times for Mifinity
With Mifinity, you will pay around a fee of 1.8% when using Visa or Mastercard. Many online casinos will absorb the depositing fees; however, there is often a flat rate charged on withdrawals.
This payment method isn’t as fast as other e-wallet options in terms of withdrawal times. With Mifinity, withdrawals can take up to 6 business days.
Advantages of using Mifinity at online casinos
As a popular payment method, Mifinity continues to grab the interest of many online casino players and other consumers. Here are some of the benefits of using Mifinity as your online casino payment method of choice.
Quick Payments
With Mifinity, you have the benefit of quick payments straight to your bank. The payment method is linked directly to your bank account, so payments are processed directly to your account and can take as little as 24 hours. However, it can take longer depending on the bank or the process.
Top Security Measures
Mifinity comes with the best security measures, including Anti-Fraud and additional security layers to protect anyone making payments using this method. Thus, using this payment method gives you the comfort of twice the security of any other payment method.
Anonymous Payments
Completing transactions while anonymous is easy with Mifinity. Granted, it’s not entirely anonymous, but you do get anonymity to an extent when using Mifinity as your payment method of choice. None of your personal details are shared with the online casino.
Disadvantages of Mifinity
Mifinity doesn’t have many disadvantages, but there are some you need to be aware of before you decide to use this payment method.
Not Widely Accepted
You might struggle to find a bank supported by Mifinity which means you will need to opt for an alternative payment method.
Fees Attached
While Mifinity is most definitely a cost-effective payment method for online casino players, it comes with its own set of fees. This includes the potential fees on deposits and withdrawals. The fees will vary, and while deposits may be fee-free depending on the casino, withdrawals will always be charged an additional fee.
Is Mifinity safe to use at online casinos?
Mifinity is a secure payment method with an established reputation among casino players and operators. The UKGC licensed the payment method and adheres to strict regulatory requirements to ensure all safety measures are up to standard.
KYC process of Mifinity
For online casino payments, it is necessary to have a KYC (Know Your Customer) procedure in place as per regulatory requirements. This means collecting client data to protect players from identity theft and prevent any fraudulent activity on-site.
As an Mifinity user, you will be required to provide your personal details such as your full name and surname, date of birth, and personal information such as proof of identification when creating an account.
Similar Payment Methods to Mifinity
Mifinity is not always available in all casinos or for all transactions, which is why you might find that you need to use an alternative payment method at some online casinos.
If you’re looking for a great alternative that offers the same types of benefits, you can opt for options such as:
FAQs about Mifinity
Do all online casinos offer Mifinity?
Mifinity is not available at all online casinos, but it is a popular payment method in the UK and is found in many British online casinos.
Is it safe to use Mifinity for online gambling?
Yes, Mifinity is a secure payment method that incorporates the latest security software to protect customer information.
Are there any fees when using Mifinity?
Mifinity does have some fees attached, and deposit fees will vary, but with withdrawals, there will be a flat rate which depends on the casinos.
Can I claim casino bonuses using Mifinity?
Yes, Mifinity is a popular online casino payment method, and you can use this payment method when claiming bonuses and promotions to boost your gameplay.
What are the alternatives to Mifinity?
Mifinity is not as widely accepted as other payment methods, and as such, you might need to use an alternative payment method such as Skrill, PayPal or Revolut.
