How do MiFinity casinos work?
Lots of digital wallet solutions can be found all over the internet. In addition to services like Skrill, PayPal or Neteller, there are other options available for those who want to make their transactions as simple as possible. Here we will talk about how the best MiFinity casino sites work, and why it might be a great idea to choose this payment platform when using a website of this kind.
About the MiFinity service
MiFinity is a service that was created back in 2002. During its beginnings, it was seen as a platform that was quite similar to PayPal. This meant that it offered some highly convenient services, such as:
- acting as a digital bank account;
- providing prepaid cards;
- and even being one of the first digital wallet services to have a mobile app off its own.
Currently MiFinity can be used in all kinds of commerce and websites. This also means that it is accepted by a wide range of online casinos where users can make all kinds of transactions. In fact, this platform is so convenient that there are plenty of mobile MiFinity casinos. In those places, users can make deposits and withdrawals from their tablets and smartphones with a ton of simplicity.
MiFinity also has a whole set of security characteristics that make it one of the safest digital wallets of its kind. These features are proven by the fact that it has received licenses from the financial authorities of the United Kingdom and also from Malta. With those certifications in mind, users can rest assured that when using MiFinity, they can be totally confident about the security of their transactions and their payment methods.
Choosing the proper casino that features MiFinity
Right now there are plenty of new MiFinity casinos with payments and withdrawals. Discovering whether this particular digital wallet service is available on a gambling platform is quite simple. In order to identify one, users must simply look at the main page of a website. Normally here they feature all the payment options they work with. If the MiFinity logo is present, then users are all set to become members of this platform.
After identifying a MiFinity-compatible casino, now it is up to the user to decide whether this is a good casino or not. Here is where other factors not related to MiFinity itself come into play. They include things such as availability of games, bonuses, platform, among other aspects. For now, users can rest assured that casinos that accept transactions with MiFinity also comply with some extremely high security and transparency standards.
How to make a deposit with MiFinity?
Assuming that a digital wallet of this kind is already set up, now it is time to speak about the actual online casino MiFinity deposit procedure. This is also very simple and straightforward. First of all, users must log in to their casino account. Then, they must go to their account balance options and choose the “add funds” menu.
Later, they need to choose how much they want to add and what payment method they would like to use for the MiFinity casino deposit. After choosing MiFinity, users will be asked to log in to their digital wallet in order to confirm the transaction. In general, this procedure can take less than a minute, and users will immediately see the funds reflected on their casino balance.
How to withdraw funds from a casino account with MiFinity?
Making withdrawals from an online casino with MiFinity is also quite simple. This can be done in a similar way to how deposits are performed. First, assuming that a MiFinity account is already active and working, users need to log in to their account at the top MiFinity casino sites and portals.
Once inside their accounts, they need to go to the balance menu and choose the option to withdraw funds. After selecting those options, they will be asked how much money they want to take out, and which banking option they want to use for this transaction. Here, it is necessary to choose MiFinity, and after selecting the payment method, users will be asked to log in to their MiFinity account in order to confirm the operation. It is also important to say that normally users will need to wait between 3-5 business days before the money appears on their MiFinity account.
MiFinity’s security and safety
It is quite easy to see that MiFinity is an extremely secure and safe platform. First of all, the company behind this digital wallet service is based in the United Kingdom. This country has some of the most strict regulations in the entire world when it comes to financial services. In other words, in order to operate in a legal manner out of this part of the world, it is necessary to comply with high transparency and security standards. MiFinity has a certification from the Financial Conduct Authority from this country.
Users can also see these security features in action. For example, MiFinity uses some rock-solid encryption technologies that make all transactions practically unbreakable and unhackable. There is also another advantage about using MiFinity and other digital wallet providers. Specifically, when making withdrawals or deposits in an online casino no minimum deposit by using them, users don’t share their credit card or bank account details with the casino. Instead, everything is done directly through the MiFinity platform. Thanks to these features, it is absolutely impossible for the casino to compromise the user’s funds or the banking information.
MiFinity’s fees and payout times
As most digital wallets, MiFinity has also some fees of their own. In general terms, it can be said that they are more or less located within the industry average. For example, the platform supports eight different currencies, and any exchange between them will come with a 2.99% commission.
Additionally, in case an account becomes inactive for more than 12 months, users will need to pay a small 1 Euro fee in order to start using it again. This fee is quite small when compared to what is charged by other entities of this kind in these types of situations.
When making MiFinity deposits by using a credit card or a bank account, there are also some fees to consider. In this case, these transactions normally have a commission that oscillates between 1.8 and 4%.
Withdrawal fees exist but are extremely small. Every withdrawal from an online casino made with MiFinity will come with a 1 Euro commision. However, it should be clarified that this doesn’t mean that the casino itself will not charge additional fees. Yet, there are many casinos that don’t do that. In general, most casinos tend to charge a fee when withdrawing funds. For this reason, punters must pay attention to the terms and conditions of the casino they are using.
Finally, it should be said that all withdrawals made with this banking option take between 3 and 5 business days before appearing in the user’s account.
MiFinity’s customer support
MiFinity also has a solid customer support department. Users can contact it through email, phone call and also live chat. At any moment users will be able to get assistance through the main website of the platform or its mobile applications. Solutions are provided in an efficient and friendly manner. This makes the top MiFinity casinos even better.
Why choose casinos with MiFinity?
There are plenty of reasons why casinos with MiFinity can be a great prospect. For example, users can take advantage of multiple features, such as lots of currencies, digital card services and low fees. Also, this platform is being accepted by an increasing number of online casinos, meaning that it is quite easy to find a MiFinity gambling platform out there.
Additionally, the security features of the platform are excellent. The fact that this platform is based in the United Kingdom means that MiFinity complies with some of the most strict security standards. Finally, the customer support that this platform is capable of providing is absolutely world-class. All of this, when combined with the excellent security features, makes casinos that have Klarna some highly appreciated sites.
Are there casino bonuses for MiFinity users?
Indeed it is possible to find a MiFinity no wagering casino bonus. For example, those who sign up to an online casino might want to make their first deposit by using this service. However, there are also a few platforms of its kinds that have offered some additional perks to these promotions that are exclusive to those who make their first money addition by using MiFinity.
Pros and cons MiFinity in an online casino
Let’s summarize the main aspects of using MiFinity in an online casino.
- extremely high security standards;
- low withdrawal fees;
- really easy to use.
- deposit fees might be a bit high.
In general, the pros of MiFinity far outweigh its cons.