MiFinity Casinos

Online Gambling Transactions with MiFinity at a Glance

MiFinity is a solid e-wallet platform that allows for effortless transactions to and from your casino balance. You will, perhaps, find it surprising that this method has been around for more than two decades, having launched in 2002. It was not until the last few years that MiFinity started gaining momentum at gambling sites, with a rising number of online casinos incorporating it into their cashier systems.

• Best MiFinity Online Casinos
• How MiniFinity Works
• MiFinity Registration Process
• Video Introduction of MiFinity
• Depositing
• Withdrawing
• Mobile Application
• Security
• Fees and Limits
• Advantages
• Disadvantages
• Conclusion

The method is already catching up with competitors as over 650 iGaming operators currently support it, including major players like Betsafe and Casumo. Being a digital wallet, first and foremost, MiFinity requires signing up for an account and moving some funds to its balance. Various top-up methods are accepted and the entire process is streamlined for maximum convenience.

Players can easily deposit to their favorite online casinos, with the funds instantly reflected in their real-money balance. Withdrawals are also possible with MiFinity, although they require some time to process and go through. Most online casinos have waived their fees on MiFinity deposits and withdrawals, which is yet another benefit of transacting with this method. Interested in learning more about this payment solution? Then stick around as we unravel all there is to know about MiFinity, from how it works for deposits and withdrawals to where you can use it for iGaming transactions.

Pros and Cons of MiFinity Casinos

Pros:

• Facilitates transactions in 15+ currencies
• Operates in over 200 countries and territories worldwide
• Fee-free transactions
• Suitable for both deposits and withdrawals
• Allows you to cash out winnings straight to your bank account

Cons:

• Not as broadly accepted as some rival e-wallets
• Inactive accounts incur monthly maintenance fees
• Account verification is a cumbersome process

Best MiFinity Online Casinos

As MiFinity is available in a wide range of markets, it would not be that difficult to find an online casino that has included it in its selection of supported payment solutions. A broad array of operators is generally a good phenomenon because it fosters greater competition which is always beneficial to consumers. However, how can you be sure that a certain casino is a good choice, especially if you do not have extensive experience in the field? This is a simple question – choose one of our selected top-tier Mifinity casinos listed below.

How MiniFinity Works

If you have found an interactive casino that supports payments via MiFinity, you will have the chance to easily control your deposit and withdrawals. Like any other digital wallet, MiFinity will first require players to open an account with the service to be able to fund their wallet. Creating a MiFinity account is extremely easy and takes just a few minutes to set up your wallet.

If you are planning to use MiFinity for funding your casino account and withdraw your winnings, when you are creating your MiFinity profile, you can choose to set up a Gaming type eWallet. You will need to fill out some personal information like your address, phone number, country of residence. You will also be asked to pick several secret questions and their answers, adding another security layer to your MiFinity account.

When you are creating your MiFinity account, you will also need to select your preferred currency, allowing you to use the same currency you are utilizing for your casino payments. Before you proceed with depositing into your gaming account, you will first need to fund your MiFinity eWallet. Conveniently enough, you will be able to choose from several deposit options to transfer money to your MiFinity account and use your digital wallet for casino payments.

When you are ready with setting up your MiFinity account, you can select it as your preferred deposit option at the virtual casino where you play. This will enable you to instantly top up your gaming account without exposing any type of sensitive information. You can also use your MiFinity eWallet when you want to withdraw your casino winnings, allowing you to enjoy your money in no time.

MiFinity Registration Process

MiFinity is a safe e-wallet highly valued by users from around the world for the chance to execute quick and secure online transactions. This payment service provider, like other widely used digital wallets such as Skrill and Neteller, requires customers to first set up an account and then fund their wallets via a credit/debit card or bank account. Knowing pretty well that some people are hesitant to disclose their banking information, MiFinity allows its account holders to fund their balances using alternative solutions including but not limited to CashtoCode, Sofort, and Trustly. More on this can be found in another section of this article. Now we will concentrate on the MiFinity account registration process and its easy-to-follow steps.

1. Open the official MiFinity website and click on the Sign Up button in the top right corner of your screen. The instructions are written in a particularly understandable manner, so even if you are not that tech-savvy, you will have no trouble completing the procedure.

   

2. You start by entering your email address and creating a strong password. Repeat the password, agree with T&Cs and Privacy Policy, and click on the Create Account button.
   
3. Following that, the company will notify you that your registration has been accepted and will prompt you to take the next steps.
   
4. Check the email you provided in the beginning and follow the activation link sent by MiFinity. This completes the account registration and allows you to continue configuring and customizing it to your needs.
   
5. The next step is to log into your new account and create your e-wallet. Indicate your country of residence and the currency you will be operating with. Click on the Create eWallet button.
   
6. A new window will appear where you need to provide detailed personal data including names, date of birth, nationality, phone number, and address. You are almost done, just a little more to go.
   
7. For your MiFinity account to be fully protected from unauthorized access, you need to set up two security questions and their corresponding answers.
   

Video Introduction of MiFinity

Depositing to Online Casinos via MiFinity

Whenever players need to instantly top up their gaming accounts, they can often resort to the service of MiFinity. This virtual wallet allows players the chance to fund their casino account in no time, without risking exposing any sensitive information. When compared to other deposit options, MiFinity often provides a faster and more secure way to handle your casino payments.

As mentioned earlier, before you are able to deposit into your gaming account via MiFinity, you will first need to register with the service and fund your digital wallet. If you have done that, you can head to the Cashier page of your preferred online casino and select to make a deposit. As long as the casino supports the service, after you enter the amount you would like to deposit, you will be able to pick MiFinity as your preferred payment method.

Selecting MiFinity as your deposit option will redirect you to another page, asking you to log into your MiFinity account. Even if you have not registered on the official website of the service, you can still make the payment by providing your credit/debit card details. MiFinity will act as a mediator between the online casino and your card, allowing you to complete the payment without exposing your card information to the gaming website.

If you have saved your credit/debit card information when creating your MiFinity account, you can simply choose to use your card when initiating the casino deposit. There is also the option to select your MiFinity balance and use the money you have previously uploaded to your eWallet. Alternatively, you can also use other services to complete your MiFinity deposit and quickly top up your gaming account without exposing any sensitive information.

One very convenient thing about deposits via MiFinity is that they are processed instantly and most casinos do not impose any fees for using the eWallet service to top up your account.

Withdrawing from Online Casinos via MiFinity

In most cases, if an online casino supports MiFinity as a deposit option, players will also be allowed to withdraw their winnings using the same service. The entire payment process is very similar to the deposit one, allowing players to easily request a withdrawal of their winnings.

To be able to cash out your winnings via this eWallet method, you will need to head to the Cashier section of the casino and select the withdrawal option. Once you enter the amount you would like to withdraw, you can choose MiFinity as your preferred payment solution. Again, you will be redirected to another window, asking you to log into your MiFinity account. Once you do that and verify the payment, the casino will receive your withdrawal request.

MiFinity Mobile Application

As MiFinity is trying to stay abreast of the latest innovations in the fintech industry, it has also developed a mobile application that allows users to easily handle their payments on the go. Needless to say, this is extremely convenient for players who also enjoy playing their favorite casino games on their mobile devices.

Thanks to the dedicated MiFinity app, you will be able to access your eWallet account no matter where you are. The app will allow you to easily send money to bank accounts, credit/debit or prepaid cards, and other MiFinity accounts. You can also verify payments via your digital wallet with just a few taps on the screen.

Since you will have access to your MiFinity eWallet no matter where you go, you will be able to easily check your balance and keep track of any transactions. This means that whenever you request a withdrawal from an online casino, you will be able to check on the app if the money has appeared in your MiFinity balance. Even if you do not have a MiFinity account, you can easily register via the app.

Security of Payments via MiFinity

One of the biggest advantages of using MiFinity is the fact that your funds will always be protected via industry-standard security tools. Since the fintech company operates in compliance with the PCI DSS Service Level 1 regulations, MiFinity is regularly tested, ensuring its payment solutions are always secure.

Whenever you are initiating your casino deposit and withdrawals via the service of MiFinity, you will simply be asked to log into your account. To do that, you will only need to enter your email address and password. In addition to that, MiFinity utilizes SSL encryption technology, ensuring that any piece of sensitive information is properly protected. What is more, the company protects its IT systems via state-of-the-art firewalls, ensuring even bigger protection for users.

To abide by the newest requirements imposed by European regulatory bodies, the company has adopted a Strong Customer Authentication (SCA) along with the Payment Services Directive (PSD2). Another security measure taken by the eWallet is that you will be automatically signed out of your MiFinity account if you have been inactive for a longer period. If you still need to use the service, you will need to re-enter your email address and password to log into your account.

Fees and Limits of MiFinity

Before you proceed to open a MiFinity account and start using the service, you should check the limits of the eWallet and the fees that you may be required to pay whenever you use MiFinity. If you have just opened an account and you have not verified it yet, you will be allowed to transact up to €2,000 over 365 days. Once you have reached that limit or the period of 365 days has passed, you will be asked to verify your account. Customers who have verified their MiFinity accounts will be allowed to transact up to €10,000 over the period of 365 days.

As for the fees that you will be required to pay for transactions via MiFinity, the surcharges may depend on your country of residence and the payment methods you use to fund your eWallet or withdraw your money. You can easily check all of the possible surcharges that your transaction may incur on the official website of MiFinity.

Whenever you want to withdraw money from your MiFinity account, you will also pay a different fee, depending on the type of service you are using. If you withdraw funds via a bank transfer, or a Visa card (EEA), you will be charged a fee of €1. Withdrawals via an interregional Visa card or Mastercard in the EEA will impose a surcharge of €1.75. The highest fee of €2 will be paid by customers who utilize an interregional Mastercard.

If you support several MiFinity eWallets, transferring money between them will cost you a fee of 1% and so will sending money to friends and family who also utilize the service of MiFinity. If you are withdrawing your casino money to your MiFinity account, you will pay no fee as receiving money to your eWallet balance is free of charge.

Customers who decide to use the service of MiFinity to send money to China will need to pay a fee of $1.90 for transactions less than $250. Higher sums will impose a fee of 0.76% for transactions up to $2,500 and a surcharge of $19 for a transaction exceeding $2,500. Keep in mind that if you are paying in a currency different than the one you utilize for your digital wallet, you will be charged a standard 2.99% currency conversion fee.

Advantages of Using MiFinity

If you are wondering whether MiFinity is the right choice for your casino payments, you can compare the advantages and the disadvantages of the method. Whether it is for deposits or withdrawals, using MiFinity may be very beneficial for online players as it is a service that offers plenty of advantages.

While the main payment solution offered by MiFinity is a digital wallet that requires registration, there is also the option to use the service without having a MiFinity account. If you request to top up your casino balance via this method, you can simply use it as a mediator and deposit via your credit/debit card or bank account. The great thing is that during the process, you will not expose any sensitive information to the casino.

Since the fintech company utilizes a number of industry-standard security tools and software solutions, the personal information and money of players are always properly protected. This adds another layer of security to your online casino payments, making MiFinity a very reliable service.

MiFinity is a global payment service that allows its users to set up their digital wallets in various currencies. This is very convenient as it can easily enable virtual players to use the same currency as the one they have chosen in the online casino where they play. Currently, MiFinity supports payments in AUD, CAD, CHF, CZK, DKK, EUR, GBP, NZD, PLN, SEK, USD, and ZAR.

When you wish to fund your eWallet, you will have a wide range of payment options to choose from. You can pick the method that is most convenient to you and be ready for your casino deposits in no time. Another great advantage is that you will be charged very reasonable fees for most payment solutions available both for MiFinity deposits and withdrawals. In addition to that, most casinos do not charge fees for payments via the eWallet, allowing players extremely budget-friendly deposits and withdrawals.

Disadvantages of Using MiFinity

When it comes to the disadvantages of this payment solution, there are a few things to consider. While MiFinity offers easy, fast, and cost-effective payments, it is still a fairly new service in the iGaming sector. This is the reason why many interactive casinos still do not support payments via MiFinity and it can be a bit difficult to find a gaming website where you can utilize the service. This being said, more online casinos start offering their members to handle their payments via MiFinity, allowing even more players to enjoy fast, secure, and easy deposits and withdrawals.

Although MiFinity is supported in various countries, there are still jurisdictions where the payment services of the company cannot be used. This may be inconvenient for casino players from certain countries as they will need to look for alternative methods to top up their accounts or withdraw their winnings. When you open your account at MiFinity, you can check to see whether your country of residence is on the list of supported territories. Although there are several countries that do not support MiFinity payments, the countries that allow their residents to pay via the service are far more than the ones that do not support MiFinity transactions.