MiFinity Online Casinos

Written by Paul Kemp

Paul Kemp

Paul Kemp is an experienced sports writer covering Soccer, NBA and NHL. He also writes in depth reviews of sports betting sites based on his personal experience.

, | Updated: October 31, 2024

Nowadays, the world is getting more and more digital and it is therefore not surprising that e-wallets have gained immense popularity. Into this category falls MiFinity, which is a fintech solution launched in 2016 and is already supported by plenty of online casinos. The company that manages the brand has extensive experience of over 20 years in the online payment sector, providing top-quality services to its customers.

The payment processor is headquartered in Belfast but has offices in Dublin and Malta too, demonstrating an ambition to broaden its reach across different markets. It provides a digital wallet service as well as other convenient payment options such as eVouchers and virtual IBAN, which are extremely simple to use and logically frequently used by international casino players for their gambling-related transactions. The product boasts two must-have elements sought by players – high transaction speed and security of transferred funds.

Users have no reason to doubt the payment brand’s trustworthiness as it has been accredited by the UK Financial Conduct Authority (FCA) and is governed by the 2011 Electronic Money Regulations legislation. Furthermore, MiFinity received a license from the Malta Financial Services Authority (MFSA) in 2020, approving the company as a Financial Institution authorized to provide payment services.

Top MiFinity Online Casinos Ranked by Trustpilot Rating

Comparison of Top MiFinity Online Casino Sites

Top 15 Online Casinos Accepting MiFinity

We have compiled a list of trustworthy gambling establishments that accept MiFinity transactions and are licensed by reputable regulatory bodies. You are welcome to take a look at these hand-picked online casinos and choose the one that best fits your taste and manner of wagering.

1. Casinochan Casino

   

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   Licenses

   Curacao Gaming Control Board (OGL/2023/174/0082)

   Min Deposit

   $/€20

   Min Withdrawal

   $/€10$/€500 for wire transfer

   Withdrawal Time

   Bank Transfer: 1 to 5 daysCards: 1 to 3 daysOther methods: Instant

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   
   

   

   • Fast withdrawals methods
   • Two-factor authentication possible
   • User-friendly layout
   • Six language versions
   • 90+ software developers
   • Simplified verification procedures

   Casino enthusiasts looking for a one-of-a-kind gaming experience will be delighted by what CasinoChan has to offer. The brand pleases its registered users with an abundance of slot machines, table games, and quite a few live dealer options. Its constantly expanding gaming library consists of titles developed by NetEnt, Evolution Gaming, Play’n GO, and other top-notch software providers.

   Apart from MiFinity and other supported e-wallets, CasinoChan allows players to fund their account balances via Visa, Mastercard, Paysafecard, PayID, cryptos, and some other safe and reliable payment solutions. Should you have any issues while using this gambling platform, you can always turn to customer support as the team is available 24/7.

2. Hell Spin Casino

   

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   Licenses

   Curacao (365/JAZ)

   Min Deposit

   $10

   Min Withdrawal

   $15

   Withdrawal Time

   Debit/Credit Cards - Up to 7 daysE-wallets - InstantCrypto - Up to 24 hours

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   
   

   

   • Distinctive graphic design
   • Different types of withdrawal methods
   • Fast-responding customer support
   • Multiple live dealer games
   • Data protected via SSL encryption
   • Mobile-friendly platform

   Hell Spin Casino is one of the newest players on the online gambling scene, but that has not stopped it from quickly becoming a preferred destination for many casino gaming fans. It stands out from the crowd thanks to its generous welcome offer, easy-to-navigate layout, and excellently selected casino game titles.

   In addition to the sign-up bonus, Hell Spin Casino loyal customers can take advantage of ongoing and limited-time promotional offers, making their time on the platform even more enjoyable. Free spins are frequently only available for specific slots and for a limited time, so always read the bonus rules before participating in any promotional initiative.

3. Bizzo Casino

   

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   Licenses

   • The Curaçao Gaming Control Board (8048/JAZ2017-067) • The Estonian Gambling Authority (16277880) • The Kahnawake Gaming Commission (00867)

   Min Deposit

   $10

   Min Withdrawal

   $10

   Withdrawal Time

   Cryptocurrencies - InstantE-wallets - a few hours

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   
   

   • Sensitive data protected by SSL encryption
   • Lots of live casino games
   • Mobile-friendly gambling platform
   • Tempting promotional offers and tournaments
   • Quick account registration process
   • Live chat is available in 6 languages

   Bizzo Casino is a gambling brand with just over a year of experience but already has thousands of exciting slots and other casino game titles in its library. The variety this operator provides is one of the most impressive in the industry as it has partnered with more than 100 software providers. Games players can try their luck on are provided by Spinomental, Pragmatic Play, Red Tiger, Microgaming, and plenty of other major and niche companies.

   As far as casino payment methods are concerned, Bizzo supports Visa, Mastercard, Neteller, Skrill, MiFinity, bank transfers, and quite a few other options. The specific solutions available to each player become clear only after logging into his account. In most cases, the lowest amount you are allowed to deposit is $10.

4. Fair Go Casino

   

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   Licenses

   The Curaçao Gaming Control Board

   Min Deposit

   $10 for Neosurf$20 for cards and Bitcoin

   Min Withdrawal

   $50 for Bank Transfer$100 for cards and Bitcoin

   Withdrawal Time

   Bitcoin: instantBank cards: 5-7 daysBank Transfer: up to two weeks

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   
   

   

   • Popular Australian casino brand
   • Mobile-friendly gambling platform
   • Tempting bonuses and promotions
   • Relatively limited withdrawal options
   • Accounts are closed after 12 months of inactivity
   • Multi-channel customer care service

   Despite not having the extensive experience of some of its competitors, FairGo Casino has attracted an impressive number of modern-oriented gamblers, mainly from Australia and New Zealand. A trump card in its sleeve is the availability of more than 10 progressive jackpot games, which appeal to every gambling enthusiast in the world. The other categories found on the brand’s website are Pokies & Slots, Table Games, Video Poker, and Speciality.

   Such a variety is not observed in the cashier section especially when it comes to withdrawals where we see only three options. Such an approach is rare, but considering the target clientele of FairGo Casino, this is not considered a major drawback.

5. National Casino

   

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   Licenses

   Curacao Antillephone N.V. (8048/JAZ2017-067) Kahnawake Gaming Commission (00867) The Estonian Tax and Customs Board (16277880)

   Min Deposit

   $/€10

   Min Withdrawal

   $/€10

   Withdrawal Time

   Up to 3 business days

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   
   

   

   • Easy-to-use gambling platform
   • Two-factor authentication enabled
   • Good selection of live dealer games
   • Fast withdrawals solutions
   • Customer support by live chat and email
   • Curaçao and Kahnawake licenses

   National Casino provides an unrivaled player experience with a diverse selection of virtual slots and table games from the gaming industry’s top software developers. The interface of the platform is markedly user-friendly, which is one of the main reasons for the large number of gamblers who have set up accounts with the casino. The operator offers a couple of deposit bonuses as well as a free spins promotion which can further enhance the experience of its clients.

   National Casino has put in place bank card options, digital wallets, prepaid cards, bank transfers, and cryptocurrencies as methods of payment. Transaction limits are reasonable – deposits start at $10 while the maximum withdrawals are limited to $4,000 per day.

6. Woo Casino

   

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   Licenses

   Curacao Gaming Control Board (OGL/2023/174/0082)

   Min Deposit

   $/€10

   Min Withdrawal

   $/€10 $/€500 for wire transfer

   Withdrawal Time

   Bank Transfer: 1 to 5 daysCards: 1 to 3 daysOther methods: Instant

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   
   

   

   • Well-designed user interface
   • Vast selection of slots
   • Plenty of table games
   • Downloadable mobile app
   • Several language versions
   • Various transaction methods

   Woo Casino is owned and managed by Dama N.V., a brand that is known for providing reliable crypto-friendly casino sites. Digital currencies are far not the only solution to fund your account balance with the operator. Woo Casino accepts transactions via bank transfers, Visa, Matercard, Skrill, Neteller, MiFinity, ecoPayz, and other payment services with the minimum deposit being the standard $10.

   The gaming library is powered by Play’n GO, Evolution Gaming, Quickspin, Yggdrasil, and other talented software developers. You can use the Provider filter to narrow your search or you can try the search functionality and find a specific casino game whether it is a slot, a blackjack variation, or any other product available on the platform.

7. Playamo Casino

   

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   Licenses

   The Curaçao Gaming Control Board (8048/JAZ2020-013)

   Min Deposit

   $10

   Min Withdrawal

   $10CA$100 for Interac€500 for Bank Transfer

   Withdrawal Time

   Most payment methods - InstantVISA, MasterCard, Interac - 1-3 banking daysBank Transfers - 1 - 5 banking days

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   
   

   

   • Available in 20+ languages
   • Titles provided by 93 gaming software developers
   • Beautiful and easy-to-navigate layout
   • Customer support is available 24/7
   • Lucrative deposit bonuses
   • Quite a few restricted countries

   Playamo is an online casino that was created with modern gamblers in mind. This is reflected in the gambling platform’s support for cryptocurrency and other modern payment methods, as well as its complete mobile optimization. The casino portfolio contains nearly 4,000 titles with the variety of slots being particularly impressive. Furthermore, Playamo casino adds new games on a regular basis, so its users will never get bored.

   The platform can be explored in 20 different languages which is proof of the brand’s desire to ensure maximum comfort to its patrons. In addition, customer support is always available and ready to assist players.

8. 7bit Casino

   

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   Licenses

   The Curaçao Gaming Control Board (OGL/2023/176/0095)

   Min Deposit

   Bank cards - $30Bitcoin - $6Neosurf, PaysafeCard, Rapid - $20eZeeWallet, AstroPay - $40

   Min Withdrawal

   Bank Cards - $40Bank Transfers - $400Interac - CA$100

   Withdrawal Time

   Cards, Interac- 1-3 banking daysBank Transfers - 1-5 banking daysCryptocurrencies and e-wallets - instant

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   
   

   

   • Easy account verification process
   • Customer support is available 24/7
   • Several responsible gaming tools
   • Various games within the casino’s portfolio
   • Local and universally accepted payment methods
   • Both classic and modern website versions

   7bit Casino has been on the market since 2014 and has earned a solid reputation thanks to its fair and reliable operation. As a gambling brand that puts obvious emphasis on crypto-powered transactions, 7bit is the perfect choice for those casino players for whom anonymity is a top priority. Among the few other payment methods, we see Visa, Mastercard, MiFinity, Paysafecard, Skrill, and Neteller.

   The casino entices avid players with a diverse assortment of online slots, table games, live dealer options, and instant games. However, the cream of the crop is more than 240 jackpot games that are capable of putting a life-changing amount into your pocket.

9. BitStarz Casino

   

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   Licenses

   Curacao Gaming Control Board (OGL/2023/174/0082)

   Min Deposit

   $/€200.0001 BTC forBitcoin

   Min Withdrawal

   $/€50

   Withdrawal Time

   Cards: 1 to 3 daysBank Transfer: 3 to 10 daysOther Methods: Instant

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   
   

   

   • Award-winning online casino
   • Instant deposits and withdrawals
   • Abundance of payment solutions
   • Rich gaming library
   • VIP Starz Club
   • Round-the-clock customer support

   BitStarz is considered one of the best online casinos that support instant cryptocurrency transactions in addition to deposits and withdrawals via bank cards, e-wallets, and prepaid vouchers. Players who plan to use MiFinity should keep in mind that they can fund their accounts with no more than $1,000 per transaction as the same upper limit applies to cashouts.

   BitStarz Casino offers 7 in-house developed games as well as almost 2,000 titles provided by reputable iGaming companies such as Yggdrasil, Spinomental, Wazdan, Amatic, Endorphina, and others. The live dealer section is somewhat limited but still included several variations of blackjack, baccarat, and roulette.

10. Two-up Casino

    

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    Licenses

    The Curaçao Gaming Control Board

    Min Deposit

    $25

    Min Withdrawal

    $100

    Withdrawal Time

    3-7 business days

    Deposit Methods

    

    Sponsorships

    N/A

    Contact Details

    
    

    • Constantly introducing new games
    • Lucrative promotional offers
    • Safe and secure payment solutions
    • 24/7 customer support
    • Several responsible gaming tools
    • Strict ID verification procedures

    Two-Up is a web-based casino platform that primarily caters to Australian gambling enthusiasts, but it can also provide its top-notch services to players from other regions of the world. Those who decide to set up accounts with the brand will face high entertainment levels thanks to the wide range of lively games in the Pokies, Poker, Table, Speciality, and Live sections. Unlike many of its competitors, Two-Up Casino has adopted the approach to work with one software provider only – RealTime Gaming.

    Although the payment methods accepted are limited, users of Two-Up can still use quick and safe solutions to replenish their gaming balance. Due to the operator’s verification procedures, you will have to wait between 3 and 7 business days until you can access your winnings.

11. iLucki Casino

    

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    Licenses

    The Government of Curacao (152125)

    Min Deposit

    $10

    Min Withdrawal

    $30 - most payment methods$15 - Payz$20 - MiFinity, MuchBetter

    Withdrawal Time

    Bank cards - 3-5 business daysE-wallets, InstaDebit, Interac - instant

    Deposit Methods

    

    Sponsorships

    N/A

    Contact Details

    
    

    

    • Huge gaming library
    • Various instant withdrawal methods
    • Accepts multiple national currencies
    • 5-Level VIP Program
    • Available in 8 different languages
    • Secured with SSL encryption technology

    Launched in 2018, iLucki Casino is one of the younger members of the big Dama N.V. family. With a portfolio powered by more than 80 iGaming software providers and accepting a plethora of national currencies, the platform appears to be one of the most user-friendly nowadays. It is important to note that the availability of payment methods, as well as specific casino games, is heavily influenced by the players’ country of residence.

    In general, the customers of iLucki Casino are free to choose between debit & credit cards, prepaid vouchers, digital wallets, web-based payment services, and cryptocurrencies. As for MiFinity, players can use it for deposit and withdrawal transactions of between $20 and $1,000.

12. Joo Casino

    

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    Licenses

    Curacao Gaming Control Board (OGL/2023/174/0082)

    Min Deposit

    $/€10 for AstroPayand Pay4Fun0.0001 BTC forBitcoin$/€20 for othermethods

    Min Withdrawal

    $/€10 for AstroPay0.0002 BTC for Bitcoin$/€20 for other methods

    Withdrawal Time

    Bank Transfer: Up to 3 daysOther Methods: Instant

    Deposit Methods

    

    Sponsorships

    N/A

    Contact Details

    
    

    

    • Generous welcome bonus
    • Great choice of live dealer games
    • Customer support by live chat and email
    • Plenty of deposit and withdrawal methods
    • Convenient user interface
    • High withdrawal limits

    Joo Casino is a mobile-friendly casino platform that ranks high in terms of games and payment method diversity. The operator allows its users to deposit and withdraw via cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.), e-wallets (MiFinity, Skrill, Neteller, etc.), and some other banking solutions. Account registration takes only a few minutes, and you can begin betting almost immediately because deposits are normally instant.

    Joo Casino has a beautiful layout, and players can easily navigate through the large selection of games. They are provided by 90+ software developers with some of the top names being BigTime Gaming, Evolution, Lucky Streak, Play’n GO, Mancala Gaming, and Yggdrasil.

13. GetSlots Casino

    

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    Licenses

    Curaçao Gaming Control Board (OGL/2023/174/0082)

    Min Deposit

    $20

    Min Withdrawal

    $20

    Withdrawal Time

    Within 12 hours

    Deposit Methods

    

    Sponsorships

    N/A

    Contact Details

    
    

    

    • Very good selection of online slots
    • Casino games by more than 50 providers
    • User-friendly web layout
    • A generous welcome package
    • Instant deposits and withdrawals
    • Super-fast account registration

    GetSlots Casino was launched in 2020 and since then is offering a variety of promotional offers and a diverse gaming library during one of the busiest periods in iGaming history. It is one of those platforms that are capable of meeting the requirements of both novices and experienced old hands. The offerings vary between classic and simple-to-play slot games and exclusive short-term tournaments that promise lucrative awards for the ones who manage to outperform the other competing players.

    GetSlots Casino accepts a wide assortment of currencies, including USD, CAD, and AUD, as well as several cryptos, such as Bitcoin and Litecoin. Players can deposit and withdraw funds using a variety of payment solutions, including MiFinity, ecoPayz, and eZeeWallet, among others.

14. Spin Samurai Casino

    

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    Licenses

    Curacao Gaming Control Board (OGL/2023/174/0082)

    Min Deposit

    $/€100.0001 BTC for Bitcoin

    Min Withdrawal

    $/€200.002 BTCfor Bitcoin

    Withdrawal Time

    Bank Transfer: Up to 3 daysOther Methods: Instant

    Deposit Methods

    

    Sponsorships

    N/A

    Contact Details

    
    

    

    • Lucrative bonus incentives
    • Games by prominent software developers
    • Swedish players are not eligible for promotions
    • 23 accepted currencies
    • Vast selection of slot titles
    • Fast withdrawal procedures

    Spin Samurai Casino is a popular online gambling destination offering an excellent selection of games, lucrative promotions, and reliable banking solutions. The brand holds licenses issued by the competent authorities in Curaçao and Estonia which guarantee that its operations are fair and legitimate.

    Spin Samurai Casino has teamed up with some of the biggest names in the industry like Evolution Gaming, NetEnt, Microgaming, Pragmatic Play, Red Tiger as well as lots of less-known but undoubtedly talented gaming studios. On-the-go wagering is done via the mobile version of the main betting site as no dedicated casino app has been developed so far.

15. Fastpay Casino

    

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    Licenses

    Curacao Gaming Control Board (OGL/2023/174/0082)

    Min Deposit

    $/€10 $/€5 for SiruMobile

    Min Withdrawal

    $/€20$/€200 for bank transfers

    Withdrawal Time

    Cards: 1 to 3 daysE-Wallets: up to 2 hoursBank Transfer: 3 to 5 days

    Deposit Methods

    

    Sponsorships

    N/A

    Contact Details

    
    

    

    • Round-the-clock customer support
    • Strict security measures
    • Card games by Evolution, Play’n Go, and Microgaming
    • Well-selected slot titles
    • Abundant selection of payment methods
    • Bonuses, promotions, and VIP program

    FastPay has been in the online gambling industry since 2018 which is considered a short lifespan for any online casino. In spite of that, the casino stands out for its superb features, which draw many gambling enthusiasts, primarily from Australia. The platform’s gaming library is pretty varied, with players encountering both classic titles and hot new releases.

    The casino supports a whole slew of convenient and safe payment methods, some of which are Visa, Matercard, Skrill, Neteller, MiFinity, Pay4Fun, SticPay, and cryptos. Keep in mind, however, that their availability is highly dependent on your exact location, so better check the cashier section before finalizing your account registration.

How MiFinity Functions?

MiFinity is now available in over 225 countries all around the world enjoying impressive increases in transaction volumes and integrations over the last couple of years. It supports over 75 payment methods and allows its users to choose between 18 national currencies and 20 languages in the MiFinity iOS and Android app and desktop experience. The management of the company has stated that its commitment is to provide the best user experience possible by launching continuous service improvements. As a result, MiFinity is gaining a larger share of the online gambling payments market, introducing new services, improving existing ones, and strengthening its partnerships with a number of casino brands.

The eWallet, which allows money to be transferred to almost anyone in the world via a bank network and a variety of other payment options, is the core of MiFinity’s services. It can be topped up by Visa, Mastercard, UnionPay, Bitcoin and other cryptocurrencies, Sofort, Trustly, etc. The UK, Netherlands, Germany, Sweden, Finland, New Zealand, and Australia are among the countries where the MiFinity e-wallet can be used for online casino transactions. The latter is the region where the service is especially popular.

Customers are allowed to open up to 9 different eWallets in one account and thus properly allocate their funds in different directions. This ability to separate cash flows allows for better control of your money and ensures that funds intended for daily expenses are not inadvertently spent on gambling. MiFinity users can also set up a free IBAN in their account and transfer money from their bank to MiFinity within hours for free.

Video Explaining How to use MiFinity

Opening a MiFinity Account

Even for users who are not particularly techie, setting up a MiFinity account is a piece of cake and it only takes a few minutes which is considered a major advantage in the fast-paced world of online gambling. The sign-up procedure begins with entering the user’s email address, creating a password, and then confirming it. Once you do this, your account will become a fact. Do not forget to check your email as you will be sent a link to activate it.

Following that, you will be invited to log in to your personal account and configure your eWallet based on your needs. This includes deciding on your preferred currency and country of residence. The currency issue is quite important because in case of subsequent conversion you will have to pay extra fees and nobody wants that, right? While it is not mandatorily, it would be helpful if you could indicate the main reason you will be using your MiFinity e-wallet, so that you can easily access additional offers related to the online casino experience.

Account Verification

The verification procedure is also very simple. Users only need a passport or another ID document photo and a selfie, which can be taken with a smartphone or another webcam. Navigate to the Verify Yourself section and follow the on-screen instructions to upload these documents. Files must be clear and readable, and only one document per request may be submitted. The company has the right to ask for additional information in the form of bank statements, motor tax certificate, and utility bill, for example.

After the verification has been completed successfully, it is finally time to deposit funds into the wallet. Just press the “deposit” button in the menu on the left side of your screen or select the eWallet account you need to fund and choose “deposit” from the available options.

Depositing to Your Online Casino Balance with MiFinity

One of the reasons for the immense popularity of MiFinity among online gambling devotees is the fact it provides for instant deposits without the need to reveal sensitive information. The procedure is neither unusual nor difficult. Players should first look for an online casino that accepts MiFinity as a payment solution. If in doubt, simply select one of the credible gambling platforms from our list above. Here are the steps you need to follow after you have logged into your account at your preferred casino.

1. Navigate to the cashier section of your account or directly click on the Deposit button that is usually located in the top right corner of your screen;
2. Select MiFinity from the available e-wallet options;
3. Indicate the amount you wish to deposit and enter a bonus code (if any);
4. Log in to your MiFinity account and choose whether to use the available balance in the e-wallet, a saved credit or debit card, or another service;
5. Authorize the transaction.

Withdrawing from Your Casino Balance with MiFinity

MiFinity, like other similar payment services such as Skrill, Neteller, and eZeeWallet, allows both deposits and withdrawals from online casino accounts. This feature is beneficial for gamblers since online gambling operators regularly require their users to conduct withdrawals using the same method that deposits were made through.

Minimum and maximum transaction limits vary depending on the casino’s policy. However, you will usually be able to cash out an amount as low as $10 all the way up to $5,000. Due to the various security and verification measures in place, this type of transaction cannot be instant. Even so, 24 to 48 hours is not a long time, especially when compared to bank transfers, which can take up to a week to complete.

The withdrawal process is nearly identical to the depositing one, with the only notable difference being its duration. Enter your casino account, head to the cashier, and choose the withdrawal subsection. When you click or tap on the MiFinity button in the e-wallet category, you will be guided to a new window where to enter the amount you want to cash out and the number of your е-wallet account or the email address you have registered with.

MiFinity Costs and Fees

If you compare MiFinity to other virtual wallet services, you will notice that it is more cost-effective than most of its competitors. Setting up an account is free of charge and the same applies to deposits and withdrawals at the majority of casinos that accept this payment method. The only fees you may incur are when funding or withdrawing from your MiFinity balance. Charges are quite affordable even from a casual gambler’s point of view. It makes a good impression that this payment service provider does not bury important information in fine print or complicated website structures. On the contrary, access to the figures is free, and the info is conveniently divided into several categories.

The most budget and widely used way of topping up your e-wallet is by using EEA-issued Visa and Mastercard cards, UnionPay, or cryptocurrencies. In this case, you will be charged 1.8% of the transfer amount. If you have the opportunity to deposit via iDeal or Bancontact, the fee is only €0.50. As for the other deposit methods, fees fall within the range of between 2.5% and 7.5%.

Interestingly, the fee for MiFinity voucher deposits varies according to currency. If the transaction is in AUD, CAD, CHF, EUR, GBP, or USD you will be charged 4% from the transfer while for JPY, NOK, PLN, RUB, ZAR, CNY, INR, CZK, DKK, and SEK deposits the fee is 5%. As far as withdrawals are concerned, the options are cryptocurrencies, Visa, Mastercard, and Interac. The highest withdrawal fee is just 2% and applies to Mastercard transactions outside the EEA.

Security and Privacy

The security of online payments and sensitive information is critical for any online gambling enthusiast. In this regard, we were pleased to learn that MiFinity meets the highest financial industry standards. As an e-wallet designed to meet the needs of an international user base, it employs stringent security measures to ensure the complete safety of the digital transactions it enables. We would like to emphasize that the service provider adheres to PCI DSS Service Level 1 regulations, i.e. its operations are regularly inspected and all products and services are proven fair and legal.

All transactions made with MiFinity digital wallets are encrypted and secured with SSL (Secure Socket Layer) technology, thus eliminating the possibility of information being misused by third parties. Strong Customer Authentication (SCA) was added to the payment company’s authentication methods in the fall of 2019 due to regulatory requirements. This is in accordance with the Payment Services Directive (PSD2), an European regulatory requirement aimed at reducing fraud and improving the security of online transactions.

Furthermore, MiFinity employs a number of managerial safeguards to ensure the security of its users’ personal information. Accounts can only be accessed after entering a unique login and password, and in some cases, users must answer secret questions. If you use the mobile payment app on your smartphone, you can gain an extra layer of security in the form of Touch ID or Face ID functionality.

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Advantages of Using MiFinity

MiFinity, like all other payment processing services, has both advantages and disadvantages, with the former far outweighing the latter. We have compiled a list of the main pros and cons for those casino enthusiasts who are unsure whether they should use this particular e-wallet to handle their gambling-related transactions. Here is what you can expect from MiFinity:

1. Wide availability – MiFinity currently operates legally in 225 countries, making its range of services extremely accessible. The speed with which the provider is expanding its reach is impressive, so soon it is likely that even more users will be able to take advantage of its offerings.
2. A long list of deposit solutions – Users of MiFinity have the freedom to choose between a whole slew of funding methods. The numerous options available, ranging from traditional bank transfers to cryptocurrencies, ensure that there will be at least one method to suit your preferences and needs.
3. High-speed transactions – Once MiFinity accounts have been fully verified and topped up, deposits to online casinos are instant which is considered a major advantage. It only takes a few clicks to fund your gambling account and start betting on your favorite online slots, table games, or live dealer variations.
4. Dedicated casino apps – The payment company has taken care to provide its customers with all possible options to enjoy their pastime while on the go. They can either use the mobile version of the brand’s website or download the respective dedicated application from the AppStore or Google Play.
5. Lots of languages and currencies accepted – The fact that MiFinity’s platform can be explored in 20 languages and supports 17 fiat and 9 crypto currencies is of great benefit to users as it gives them the chance to read the important information in a native language and operate with a currency they are used to.

Disadvantages of Using MiFinity

There are only a few minor disadvantages of using MiFinity as a casino payment solution. While it is true that they are not of critical importance, it is always advantageous to have all of the information at hand in order to make the most appropriate choice.

MiFinity appeals to gambling fans because online casinos generally do not charge any additional fees for both deposits and withdrawals. However, with the exception of registration, which is free, all operations associated with maintaining a MiFinity account require the payment of some kind of fee, sometimes rather significant. This is particularly true for operations outside the EEA. Try not to request currency conversion because MiFinity will add a fee of 2.99% to the wholesale rates. It is especially upsetting that the actual exchange rates fluctuate and are applied without your knowledge.

While MiFinity provides immediate and cost-effective transactions and is an officially approved payment method in many countries, its circulation in the iGaming market leaves something to be desired. The number of interactive casino platforms that do not support MiFinity is declining, but not as quickly as we would like.

We noticed that in the cashier sections of quite a few online casinos, the upper limit for deposits and withdrawals with Mifinity is capped at $1,000, although the provider itself allows the transfer of up to $5,000 per transaction. This should not be a problem if you are a recreational player, but in case you are a high-roller, you would probably prefer another payment service.

Conclusion

MiFinity provides a variety of financial products but is primarily used as a digital wallet, allowing users to easily send and receive money as well as manage their funds in a wise and secure manner. The company allows its users to create various types of accounts, the Gaming eWallet being particularly popular among online casino enthusiasts. If you consider the account maintenance and deposit fees to be reasonable, using MiFinity for gambling transactions will not put a significant strain on your budget as depositing to casino accounts is free of additional charges.