Prezzy Card VS PaysafeCard: What Is Better for Gambling?

New Zealand players may come to a point where they are torn between using a Prezzy Card or a PaysafeCard. In this article, we will overview and point out the differences between the two regarding their fees, limits, withdrawal, transaction security, features, and pitfalls.

In 2006, ePay NZ introduced the Prezzy Card, which it currently owns and operates. A Prezzy Card functions as a prepayment card that you can spend on any New Zealand-based online store or online casino. This card has money on it that can be spent in New Zealand dollars until it runs out or expires. You can buy this type of card by visiting their official website, but keep in mind that it is only available to residents of New Zealand.

PaysafeCard was established in 2000 and has its headquarters in Vienna, Austria. This preloaded payment option has been recognised among online retailers and sportsbooks since its inception. It was initially exclusively accessible to customers in Austria, but upon gaining EU financing in 2005, it was later made accessible to customers in New Zealand and eventually all over the world. In essence, PaysafeCard is a prepaid card payment solution that offers enhanced functionality and protection for transactions over the Internet.

When using Prezzy Card or PaysafeCard for online gambling, it's important to be aware of the associated fees and limits to ensure a smooth experience. Both payment methods come with their own set of costs, including purchase fees, currency conversion charges, and fees for inactivity or disputes. So, let's take a closer look at various fees and limits for both types of cards.

Because the Prezzy card is a prepaid option, withdrawing your winnings is not possible. However, in the case of a PaysafeCard, withdrawal will only be attainable if you will have to register an account on their website. Then, the funds are transferred via bank transfer. On the other hand, the deposit speed of both payment methods is instantaneous.

Prezzy card transaction security is enhanced because of its prepaid card-like feature. Because of this, New Zealanders are not required to support every transaction with their personal details and financial data, which prevents cyber theft.

For every Paysafe card you use, you will receive a 16-digit PIN, which you will simply input into the purchasing portion of the web-based shop of your choice. Once you sign up for a Paysafe account, you can keep a record of all your purchases using a custom app or their official platform.

When choosing a payment method for online transactions, it’s essential to weigh the pros and cons of each option. Let's explore the advantages and drawbacks of each card to help you understand which one best suits your needs and preferences for online gambling or other purchases.