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Paysafecard in Greek Casinos
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Given the current online gambling regulations in Greece, as a Greek player, you have the freedom to join any licensed online casino, and since most of them offer Paysafecard, your banking experience will be seamless. This global card, offered by none other than PaySafe, has been across the online gambling industry for decades, and ever since Greece legalized online gambling, has been offered across top Greek online casinos. If you want to give it a try, make sure you stay with us to learn how to get started with it and use it for effortless deposits and withdrawals in your native currency, the euro. What is Paysafecard and why decide to use it across Greek online casinos?
Online Gambling Regulation in Greece
As a member country of the European Union, Greece has had quite a fight with the Union over gambling regulations. Namely, when the country passed a law in 2002 making all electronic gaming illegal, the law was vague and broad, as it made gaming consoles like Nintendo and PlayStation illegal, not to mention gambling verticals. Almost a decade later, the government wanted to introduce legislation that would clarify this law and regulate online gambling with proper licenses. Its troubles with the Union started when Greece announced that it would put one state-controlled operator, OPAP, in charge of the industry.
The government explained to the EU that it found all forms of gambling highly addictive and that’s why it decided to offer a state-run monopoly instead. The EU did not like this and eventually proceeded by pressuring Greece to liberalize the market. In 2011, therefore, the country shifted toward a more liberal online gambling regulatory framework, granting 24 operators a license to operate on the market.
OPAP, however, stayed in charge of the national lottery, horse racing betting, VLTs, and sports betting. When the country announced new legislation by the second half of 2017, OPAP praised the government for its plans to better regulate online gambling. Since hundreds of websites were already catering to Greek players without a license, despite the blacklists and the EEEP (Hellenic Gaming Commission)’s efforts to stop illegal gambling, the country was in a great need to stabilize the market and improve it.
Nevertheless, to this day, Greek players have spent over a billion in black market stakes. And since player protection is rather unstable, Greek players don’t really care whether or not they join a site that’s been licensed by the EEEP or not; they continue gambling across any sites they want, any sites they get access to. Even though there are over2000 offshore unlicensed domains on the blacklist, there are still hundreds of sites players can get access to, therefore, they play across these sites without hesitation.
Where does this leave you as a Greek player? Well, as you know, there are perfectly licensed sites that you can access, but should you get access to them, you have at your disposal hundreds of international online casinos to join. So, it all comes down to the game offering; you should choose sites that allow you to play all your favorite games. Sure, plenty of software developers have obtained a license to offer their games on the Greek market, but across international online casino sites, you get access to all developers and all of their games.
When choosing a site to join, however, you must also check out the payment methods lists. You should have a wide choice of options at your disposal, to use as it pleases you. In case there's a lack of local options, you would want to use a globally recognized and safe solution, like the prepaid card Paysafecard, for your deposits and withdrawals. This card, actually, allows you to make transactions in your native currency, the euro, in the most effortless way.
It is offered by one of the greatest financial brands in Europe, PaySafe, therefore, you can rest assured that it is perfectly safe to use. PaySafe is a company that has strong bonds across the online gambling industry and is known for its partnerships to expand worldwide with major players in the industry. Therefore, Paysafecard is an ideal solution to use for deposits and withdrawals, for many reasons that you’ll learn about in the following section. Follow our lead.
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Using Paysafecard Across Greek Online Casinos
PaySafe, the company behind Paysafecard, has been around for over 25 years. Its story began in Europe, but today, the financial company has footprints on 3 continents and employs over 3,000 people. While throughout the years, the company launched several leading payment methods, Paysafecard was its first product. It was designed to cater to online shoppers, as at the time it launched, there was a huge lack of such solutions. Fast forward, and today, it is one of the most preferred vouchers used for all kinds of online payments and purchases, including online casino deposits and withdrawals.
Previously, there was only one card you could get, the standard Paysafecard, but thanks to EU funding, with time, two other cards were designed, the online-only MyPaysafecard and the one in collaboration with MasterCard. Since these cards have reached over 40 countries across the globe, you can find over 650,000 sales outlets to get them. Called PayPoints, these outlets are available both online and offline, for you to purchase your voucher with a credit card or cash. There are many offline stores you can find all across Greece to purchase it, so all you’d need to do is visit its official website and go to the Find a Sales Outlet field to enter your address, and you’ll get the many stores in your vicinity to visit and purchase your voucher.
The standard voucher comes in denominations of €5, €25, €100, and €150 in Greece, but you also have access to the other two cards as a Greek user. You can also create an account with it, to be able to use the withdrawal functionality, so just fill out the form on its official website, and in no time, you will have your account. But let's get back to the vouchers. We said that you can purchase them both online and offline. Offline, after you find a sales outlet, you would need to give cash, your credit card or use a bank transfer to complete the payment. Online, you just need to visit the official website, set the amount you wish to have on your voucher, and pay using a credit/debit card.
Once you complete the purchase, no matter if you went with the offline or online option, you will geta 16-digit code on your receipt. This code will be the thing you’d need to share with your online casino upon deposits, so make sure you keep it safe. But, continue reading to discover the exact steps that you'll need to take to successfully use your voucher for your deposits, and then we'll go over the withdrawal procedure.
Deposits and Withdrawals with Paysafecard
We already mentioned that Paysafecard has been around for decades, therefore, you should not be surprised to learn that it is accepted across a great number of online casino sites, most of which cater to Greek players. The first thing to do, therefore, is look for a few sites that you’d be interested in joining. After you find that one site that offers just the games you wish to play, register an account with it.
To fund your player account with Paysafecard, just make sure you follow these easy steps:
- Find the Banking page once you access your registered player account.
- Locate Paysafecard in the Deposits section and select it.
- In the pop-up, just type in the 16-digit code.
- Confirm your request and watch the funds arriving in your balance in real-time.
Since you are eligible to create an account with it, you can use Paysafecard for withdrawals, too. The Payout for Paysafecard Account Customers service is offered in Greece, therefore, you can use the solution to cash out your winnings.
All you have to do is choose the solution from the methods listed in the Withdrawals section, set the amount you want to withdraw, and enter your email address, the one you used when you registered your account with the solution. After the casino checks out your request and approves it, which should happen within 48 hours, the funds will immediately reach your Paysafecard account.
Conclusion
Considering Paysafecard is well-established in Greece and you can use it for both deposits and withdrawals in your native currency, the euro, it is one of the most convenient payment methods to use. It is extremely easy to purchase and use, and it is offered across most, if not all, online casinos that cater to Greek players, therefore, try it the next time you join an online casino site.
FAQs
Is online gambling legal in Greece?
Yes, online gambling is legal in Greece. Previously, it was monopoly-based, but due to EU pressure, the country liberalized the market and now, there are many licensed online casino sites you can join. Unlicensed sites are blocked and blacklisted, even though black-market online gambling reports persist to this day.
Do Greek players get in legal trouble for gambling across unlicensed online casino sites?
No, not really. We couldn't find any reports that would suggest otherwise, either. However, you should know that unlicensed sites are blocked and blacklisted. But, if you can still find sites that you can access, you can join them without worrying about getting in legal trouble.
Will I find many online casinos that accept Greek players and offer Paysafecard?
Yes, actually, the solution is widespread and offered across most, if not all online casino sites that cater to Greek players. You will certainly find hundreds of sites to check out, in your pursuit for the right site to join.
Who do I contact in case my Paysafecard deposit fails at a Greek online casino?
Paysafecard has a professional yet friendly Customer Support team, to attend to your issues 24/7. You can reach them via an on-site contact form and email address. Via the hotline the team is available from Monday to Sunday from 3 am to 3 pm).
Can I cancel a transaction I made with Paysafecard?
No, actually, you cannot. Considering, as you could see, transactions are processed in real-time, there’s no time for you to cancel them. But, what you can do is get in touch with your casino’s Support agents to see whether they can do something about it. Maybe they will be willing to send you back your funds to your Paysafecard account.