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SafetyPay in Mexican Casinos
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Given how the Mexican online gambling scene is one of the strongest in LatAm, you should not be surprised that licensed online casino sites in the country give you the option to use local payment methods like SafetyPay for your deposits and withdrawals. The country's online gambling market has been flawlessly running for years now, and that's why licensed operators try to provide players with the best options when it comes to payment methods and gaming content. And since SafetyPay is an e-payment method that has been around for years in Mexico, even though it eventually went global, it is one of players' preferred payment solutions across licensed online casino sites. Therefore, if you're a Mexican player who's in search of a seamless online gambling experience, make sure you continue reading to find out more about it. What is SafetyPay and why decide to use it at a Mexican online casino?
Online Gambling Regulation in Mexico
Given how Mexico has had a regulated gambling market since 1947, you should not be surprised that the activity has become part of Mexicans' lifestyle. And, you should not be really shocked to learn that because of that, online gambling has also been legalized in the country. Considering that there are approximately 300 land-based casino establishments in the country, each more luxurious and modern than the other, the gambling industry has been providing Mexico with a significant economic boost for years, since both locals and tourists enjoy the activity.
The Ley Federal De Juegos y Sorteos is the main piece of legislation for the land-based gambling industry. In 2004, whenMexico also legalized online gambling, the law was not replaced but updated to the Ley Federal de Juegos y Sorteos 2004. Initially, those operators who were already licensed to offer land-based gambling were given the opportunity to apply for an online gambling license, as well. The regulatory body in charge of licensing, the Ministry of Interior, however, also gave the permission to apply for a license to some international online casino operators, as well, like Ladbrokes.
Those international online casino operators that were targeting the market anyway were also allowed to sign partnership deals with licensed Mexican operators to launch their offering on the market, as well. Many software developers, too, got a chance to expand their presence in Mexico through integration with Mexican casino brands. And that’s how the online gambling industry in Mexico quickly became one of the leading in Latin America.
Even though the authorities tried to stabilize the market further, no real amendments to the Ley Federal de Juegos and Sorteos have been introduced. Unlicensed sites targeting the market are not blocked, even though Mexican players are advised against them and encouraged to stick with sites that are at least in a partnership with licensed Mexican online casinos. In the meantime, the online gambling scene is getting better and stronger, as operators sign innovative partnerships to redefine the industry in Mexico and provide players with a world-class online gambling experience.
Speaking of the experience, as a Mexican player, you should know that you'll get first-class treatment across licensed online casino sites. You will get to play games designed by leading software developers like Evolution, EveryMatrix, BetConstruct, and Pariplay, to mention a few. You will get to try all kinds of games, for that matter, so no matter if you're into Live Dealer games, video poker, slots, or table games, you just have to join any licensed online casino and play it. You will also get to use local payment methods for your deposits and withdrawals. Mexican operators have made sure that you don't have to use foreign currencies and global methods to make your bets and cash out your winnings, but have local methods like SafetyPay to facilitate your entire online gambling experience.
SafetyPay is actually a local e-payment method that has been around in Mexico for years. It was designed five years after the online gambling industry launched in the country and has been present in it ever since. Eventually, the solution went global, but never forgot where it came from; that's why to this day, it caters to LatAm users in the best way possible. With it, you get to make the most effortless transactions to and from online casinos, and in your local currency, the Mexican peso. Since it is extremely easy to get started with and use, why don’t you follow our lead and learn more about it in the following section, so that you can give it a try whenever you want?
Using SafetyPay Across Mexican Online Casinos
The story behind SafetyPay is one you would identify with if you tried to make a cross-border transaction before 2009, and were unable to. That's why Adrian Neuhauser actually designed it. The investment banking analyst from Chile tried to purchase a PC part from the US, but couldn't do it with a standard credit card. In 2007, he got in touch with Manuel Montero, the Argentine rugby player, who was making investments in payment startups to improve the online banking scene in LatAm. The two men joined forces to create a payment solution that would facilitate cross-border digital transactions for LatAm users.
In 2009, their final product was ready for a beta test. Several Peruvian merchants and one bank signed in for the test and when they saw how useful the solution was, they gave it a thumb-up. The solution went live across LatAm countries, Peru, Colombia, Chile, Costa Rica, Argentina, Guatemala, Brazil, Ecuador, and, of course, Mexico. These are, to this day, its primary markets, even though eventually, the solution went international. The Paysafe acquisition in 2022 greatly helped its global expansion, even though LatAm markets are still the ones where all of its services are offered.
Speaking about the services offered, the solution was initially only an eCommerce payment platform. But today, thanks to its world-class software that facilitates real-time transactions via eCash, standard bank transfers and APMs (alternative payment methods), it is a solution that both banked and unbanked users can use for effortless transactions.
Banked users, naturally, can use it to make digital transactions in just a few clicks or taps on their devices. As long as you are an account holder in banks like SPEI, BBVA, Banco Afirme, Santander, or HSBC, for instance, which are some of the leading Mexican banks, you are eligible to start using it right away. All you need is your eBanking credentials, and that’s it. You never have to use credit card numbers when transacting with it, as part of its fraud prevention measures. You just need to log into your secure online banking platform and SafetyPay’s service will be at your disposal.
If you’re unbanked, however, you can just head over to the nearest of the over 30 cash collection points, like Walmart Express, Financiera Cefemex, Farmacias del Ahorro, and Soriana, for instance. Once there, you just need to give the cashier cash and request a transaction to be made via SafetyPay. Your cash will be digitalized and sent to the site you wish to pay at, in our case, the Mexican online casino you wish to make a deposit at.
Now, knowing how effortless it is to get started with, with no additional account registrations, you probably wish to give it a go. If you wish to try it for deposits and withdrawals across top Mexican online casinos, just follow our lead, as in the next section, we’ll share with you the steps you need to take.
Casinos for Players from Mexico that Offer Safetypay
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Depositing and Withdrawing with SafetyPay
Given how popular online gambling is in Mexico, you should not be really surprised to learn that you have a great number of sites to check out and join. Around three dozen of them are sites where you can enjoy SafetyPay’s services. Knowing this, the first thing you need to do is check out these sites, to see which one would suit you best to join.
After you’ve found the one, proceed by registering an account with that site. Disclose the required personal details, like name and email, and complete the registration of your player account. To fund your player account with SafetyPay, all you need to do is go through these easy steps:
- Log into your registered player account and head over to the Cashier page.
- Look for SafetyPay’s logo on the list of accepted Deposit Methods.
- Select the method you’ll use to deposit, depending on whether you’re banked or unbanked.
- Specify the amount you want to deposit.
- Log into your eBanking profile or go to a cash collection point to complete the transfer.
- The amount you requested will be transferred to your casino balance instantly.
Now, you can use SafetyPay for withdrawals only if you’re a banked user. Cash collection points only work for deposits, not the other way around. So, to cash out winnings from an online casino with SafetyPay, you need to have a bank account and an eBanking profile.
The procedure for withdrawing will essentially be the same, with some small changes. You need to head over to the Cashier page once again and then select the solution from the accepted Withdrawal Methods list. Set the amount you want to cash out and enter your eBanking profile to confirm the request. The operator will receive it shortly, and check it out before it is approved or denied. Assuming you've requested to cash out an amount that can be cashed out, the request will be approved and in under a minute, your winnings will reach your bank account.
Conclusion
SafetyPay is really an ideal payment method to use across Mexican online casinos. It offers a local payment service that you can enjoy no matter the city you’re from. There are over 30 cash collection points, with branches in all Mexican cities, and several banks that offer its service, that you can use at your convenience, for effortless deposits and withdrawals across the leading Mexican online casinos. The first chance you get, do not hesitate to try it.
FAQs
Is online gambling legal in Mexico?
Yes, actually, online gambling was legalized in Mexico in 2004. Previously, the country was offering a regulated land-based gambling market, so when online gambling was legalized, too, the Ley de Juegos y Sorteos was updated.
Do Mexican online casino players have access to international online casino sites?
Yes, they do. Unlicensed international online casino sites are actually not blocked, but players are encouraged to join licensed Mexican online casinos, for better service and protection.
Do all licensed Mexican online casinos offer the local e-payment method SafetyPay?
Over three dozen licensed Mexican online casinos offer the local e-payment method SafetyPay. You have more than enough sites to explore where you can use this local solution for effortless deposits and withdrawals in your local currency.
Are foreign currencies an option when using SafetyPay across Mexican online casinos?
Technically, yes, you can use foreign currencies, but in reality, you won’t need to. The solution supports transactions in your local currency, the Mexican peso, and so do licensed Mexican online casino sites, so to avoid any unnecessary exchange fees, use your local currency.
Is the Spanish language supported on SafetyPay’s official website?
Yes, it most certainly is. Given that this is a local payment solution that used to be available in LatAm only, Spanish, Portuguese, and English are the supported languages you can use to explore its official website.