MiFinity Casinos

MiFinity is a global payment provider that facilitates fast and secure online payments. The payment method is available in over 170 countries and supports 17 currencies. The fintech solution was founded in 2002, making it one of the longest-standing payment methods. The payment method was not that popular in its first few years, but it finally received praise for its reliability and cost-effectiveness.

MiFinity operates under the standards of the Financial Conduct Authority (FCA) and is authorized to issue prepaid cards and support the MoneyExpress remittance program by Union Pay International. MiFinity functions as a digital wallet and works with sectors such as retail banking, airlines, travel, insurance, construction, education, and, of course, iGaming. But before you opt for MiFinity as a preferred payment method, you should familiarize yourself with its features and peculiarities.

How MiFinity Works With Online Casinos?

1Opening a MiFinity Account

MiFinity has become the first choice of casino enthusiasts looking for a safe and prompt payment method. One of MiFinity’s most significant advantages is that it supports deposits and withdrawals. Besides, using it is child’s play. The first thing you have to do is to register with the payment method. Players should not fret over the registration process as it is hassle-free and takes a few minutes only.

Visit the official website of the payment method to create a MiFinity account. When setting up an account with MiFinity, you will have to provide a valid email address and create a reliable password. You will receive an activation email with a link. Follow the link to proceed with the registration process.

After that, you must enter some information such as your name, country of residence, address, date of birth, and others. The last step is to set up a security question and an answer. Note that you will be required to verify your MiFinity account once you have transacted over €150. To do so, you must upload proof of identity and address. The verification process takes approximately 48 hours. MiFinity offers different types of eWallets, depending on your needs. It is crucial to mention that MiFinity users can have up to 9 eWallets within one MiFinitty account.

2Funding Your MiFinity Account

Players must add funds to their MiFinity accounts before being able to use the payment method for gambling transactions. Casino enthusiasts can use their debit/credit cards by Visa or Mastercard to fund their MiFinity accounts. Given that you do not want to share your banking credentials, you can deposit via Bitcoin, Bitcoin Cash, Sofort, Trustly, Interac, UnionPay, and MiFinity eVoucher. The MiFinity eVoucher is a single-use prepaid voucher that can be purchased from online partner resellers and is valid for 12 months.

If you have verified your MiFinity account, you can create a personal IBAN within your wallet for free. Note that this option is available only to users located in an EEA country and the United Kingdom. The virtual IBAN allows MiFinity users to fund their eWallets via their bank accounts or a bank app without incurring any fee. Regardless of the selected payment method, the deposited amount will be credited to your eWallet within 1 to 2 business days.

3Using MiFinity for Casino Payments

If you have an account at a MiFinity-friendly casino, log into it and navigate to the virtual cashier. Select MiFinity from the list of supported payment solutions and enter the amount you wish to deposit. You will be redirected to the MiFinity log-in page. Enter your email and password to access your MiFinity account.

You can choose from using your MiFinity wallet’s balance or using the payment method as a middleman between the gambling site and your bank account or debit/credit card. Casino enthusiasts will be on cloud nine to learn that deposits via MiFinity are instant. Cashing out your winnings via MiFinity is a worry-free process. Withdrawals take up to 48 hours to clear.

How We Evaluate MiFinity Casinos?

Nowadays, there are so many web-based casinos that promise you the moon. That is why it is essential to ensure that the gambling site you intend to join is reliable and licensed. Of course, players should also check whether the web-based casino can correspond to their banking needs and preferences. In the lines below, we will discuss six important aspects to pay attention to when selecting a MiFinity-friendly casino.

Security
Fees Involved
Transactions Speed
Accessibility
How Easy Is to Use MiFinity
Bonuses

Security

The first thing to look for when selecting a web-based casino is its license. The presence of a license ensures that the gambling site operates according to the law and meets specific guidelines and standards. Licensed web-based casinos offer games regularly tested for their randomness. Information regarding the casino’s license is usually displayed in the footer of the website. We advise our readers to visit the licensing authority website to check the validity of the casino’s license. Also, make sure that you register with a gambling site that uses SSL encryption.


Fees Involved

If you have found a reliable MiFinity-friendly casino, do not forget to check the fees applied to deposits and withdrawals. Keep in mind that there are plenty of trustworthy gambling sites that do not impose fees on deposits and withdrawals via MiFinity. Of course, web-based casinos cannot be held responsible for commissions imposed by the payment service provider.


Transactions Speed

MiFinity is a safe payment method that facilitates instant deposits. That is why it has become the first choice of casino fans who want to start playing their favorite casino games immediately after topping up their gambling balances. On the other hand, withdrawal timeframes depend on the casino’s policy. Cashing out your winnings via MiFinity usually takes up to 48 hours (2 business days).


Accessibility

MiFinity is accepted by over 300 websites and caters to the needs of users from 170 countries. Players can pick from 17 currencies when setting up a MiFinity account, including AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, INR, JPY, NOK, NZD, PLN, RUB, SEK, ZAR, and USD. MiFinity is not available in countries such as Afghanistan, Belarus, Congo, Cote d’Ivoire, Cuba, Iran, Iraq, North Korea, Sudan, Yemen, the United States, Zimbabwe, and several more. Please note that you are not allowed to use MiFinity for gambling transactions if online gambling is illegal in your country of residence.


How Easy Is to Use MiFinity

Most online casinos usually provide players with detailed instructions on how to deposit and withdraw funds. Besides, reputable web-based casinos allow players to top up their casino accounts and cash out their profits without making them jump through hoops. Using MiFinity for gambling-related transactions is a straightforward process. Moreover, most reliable gambling sites offer 24/7 customer support services to ensure that every casino fan will enjoy a smooth gambling experience.


Bonuses

Most online casinos offer bonuses to attract the attention of newcomers and retain existing patrons. Usually, you will be required to make a deposit in order to claim a casino promotion. Some web-based casinos restrict players from claiming a bonus if they fund their accounts via Skrill or Neteller. Luckily, MiFinity users will not encounter this problem. Assuming that you select MiFinity as a preferred deposit method, you will most likely be able to claim all bonuses on offer.

MiFinity Casino Deposit

The popularity of this payment method can be attributed to its promptness and budget-friendly fees. When using MiFinity to top up your gaming balance, you can rest assured that your money is in safe hands. Moreover, depositing via MiFinity is as easy as pie.

Deposit Limits
Fees
Processing Times

Deposit Limits

MiFinity is a payment method that will correspond to the preferences of high-rollers and risk-averse players. Most MiFinity-friendly casinos allow players to deposit just €10 to €20, but keep in mind that the minimum deposit limit varies from one online casino to another. It is crucial to note that MiFinity users who have not verified their accounts can transact up to €2,000 over 365 days. Verified account holders can transact up to €10,000 over a 365-day period.


Fees

Most web-based casinos do not impose fees on deposits and withdrawals via MiFinity. Some operators allow casino fans to deposit at no cost but apply a nominal fee on withdrawals. However, players will incur a fee when topping up their MiFinity balances. The fee depends on the preferred payment method.

Deposits via SEPA Bank Transfer are fee-free. If you add funds to your MiFinity wallet via iDeal, you will incur a fee of €0.50. Cryptocurrency deposits carry a 1.8% fee. Given that you decide to fund your MiFinity account via Visa or Mastercard, you will have to pay a fee of 1.8% for EEA transactions and 2.5% for non-EEA transactions. Casino fans who opt for Interac as a preferred deposit method will be charged a fee of 3.5% + C$0.75.

For transactions involving currency conversion, MiFinity imposes a fee of 2.99% to wholesale exchange rates. MiFinity users who do not log into their accounts for 12 consecutive months will be charged an inactivity fee of €1 per month.


Processing Times

Deposits via MiFinity are processed in the blink of an eye. As long as you have enough funds in your account to complete the transaction, the money will be credited to your gambling balance immediately. Topping up your MiFinity balance may take 1 to 2 business days.

MiFinity Casino Withdrawal

MiFinity is a convenient payment method as it supports deposits and withdrawals. Furthermore, cashing out your profits via MiFinity is a hassle-free process. You will only have to specify the amount you wish to cash out and enter your unique MiFinity account number or email address.

Withdrawal Limits
Fees
Processing Times

Withdrawal Limits

Most web-based casinos apply minimum and maximum limits on withdrawals. These vary between the different web-based casinos, but the smallest amount you can cash out via MiFinity is usually €20. The upper ceiling on withdrawals reaches €2,500 per transaction. According to MiFinity’s terms and conditions, your account is not subjected to a minimum withdrawal amount. However, the sum you wish to withdraw should be sufficient to cover any withdrawal fees.


Fees

You can withdraw funds from your MiFinity account to your bank card if you have previously used your card to fund your digital wallet and completed the 4-digit pin verification process. You will incur a fee of €1 and €1.75 for withdrawing via EEA-issued Visas and Mastercards, respectively. For bank cards issued outside the EEA, the fee is €1.75 for Visa and €2 for Mastercard. Players who withdraw from their MiFinity accounts to crypto wallets will incur a fee of 1.8%. Canadian users will be charged a fee of C$4 for cashing out to Interac e-Transfer or Interac eCashout.


Processing Times

Unfortunately, withdrawals via MiFinity are not as quick as deposits. On a more positive note, MiFinity is among the fastest withdrawal options available to players from different jurisdictions. Once the web-based casino approves your withdrawal request, the funds will appear in your MiFinity balance in no time. After that, you can cash out your profits to your bank card or bank account or use the funds from the eWallet for future gambling adventures.

MiFinity Pros and Cons

MiFinity has become quite popular among casino enthusiasts due to its advantages. Of course, you should be aware of its downsides to determine whether MiFinity will measure up to your needs. In the table below, we will compare its strengths and weaknesses.

Pros
Cons

MiFinity facilitates instant deposits. Additionally, the payment method functions as a digital wallet, meaning withdrawals take no more than 48 hours to clear.

MiFinity is supported by a limited number of gambling sites. However, we suggest that more web-based casinos will add MiFinity to their lists of supported payment methods.

Casino fans can easily register with MiFinity and add funds to their eWallets. The registration process is worry-free and takes a couple of minutes.

Even though setting up a MiFinity account is a straightforward process, many players prefer to use payment methods that do not require registration.

Depositing and withdrawing funds via MiFinity is extremely easy. Moreover, MiFinity saves you the trouble of disclosing your banking credentials.

Most operators do not charge processing fees on MiFinity deposits and withdrawals. But you will incur fees for topping up your MiFinity balance or cashing out funds. The fees depend on the selected payment method.

MiFinity is available in over 170 countries and supports 17 currencies. This way, casino fans can set up a MiFinity account in their local currency and avoid currency conversion fees.

MiFinity operates in many jurisdictions. However, it is not available to players from the United States.

MiFinity is among the safest payment methods. It is regulated by the FCA and is certified by Union Pay International. The fintech solution has been operating for 20 years. Its vast experience on the market is indicative of its reliability and trustworthiness.

Countries Which Use MiFinity

Casino enthusiasts from all four corners of the world can rely on MiFinity to initiate gambling-related payments in a safe and prompt manner. The payment method is available in over 170 countries, including Australia, Sweden, Finland, the United Kingdom, Germany, Ireland, Canada, and Norway, to name just a few. MiFinity supports various local payment solutions, allowing its users to add funds to their wallets without effort.

Canada
Germany
Denmark
Sweden
The United Kingdom
Australia

Canada

Many casino fans residing in Canada opt for MiFinity as a preferred payment method due to its reliability. Besides, MiFinity allows its users from Canada to upload funds to their accounts via Interac Online and Interac e-Transfer at a reasonable price of 3.5% + C$0.75. As you know, these are two of the most common payment methods in Canada.

Additionally, Canadian players can use Interac Online and Interac e-Transfer to withdraw funds from their MiFinity accounts. Players will have to pay just C$4 for transferring funds from MiFinity to Interac Online or Interac e-Transfer.


Germany

MiFinity is a popular payment method also among casino enthusiasts from Germany for two reasons. First, MiFinity supports EUR, which allows German players to deposit and withdraw funds without incurring currency conversion fees. Second, MiFinity users can upload funds to their digital wallets via Klarna, Giropay, Visa, Mastercard, SEPA Bank Transfer, and others. Adding funds to your MiFinity account via SEPA Bank Transfer is free.

As far as withdrawals are concerned, German players can withdraw funds from their MiFinity accounts to their bank cards by Visa or Mastercard. Besides, MiFinity is a safe and convenient payment method, which is why it is preferred by many casino enthusiasts from Germany.


Denmark

MiFinity is commonly used also in Denmark because the payment method allows them to fund their gambling accounts in the blink of an eye. Furthermore, Danish players can use their Visas and Mastercards to add funds to their MiFinity digital wallets. They can also rely on various cryptocurrencies such as Bitcoin and Bitcoin Cash to initiate payments to and from their MiFinity accounts.

MiFinity is among the payment solutions that support the Danish Krone (DKK), allowing casino fans to avoid paying international exchange fees. Last but not least, Danish casino fans will not be charged an arm and a leg for using MiFinity’s services.


Sweden

Gambling is a popular entertainment in Sweden. Many web-based casinos are geared toward the needs of Swedish casino enthusiasts, accepting payments via various reliable payment methods such as MiFinity. This payment method is perfect for Swedish players who do not want to share their banking credentials.

MiFinity users from Sweden can upload funds to their digital wallets via Visa, Mastercard, Trustly, and others. In addition, the MiFinity platform is available in Swedish. For added convenience, MiFinity supports the official currency of Sweden – the Swedish Krona (SEK).


The United Kingdom

The United Kingdom is among the countries with a thriving and well-regulated gambling industry. Casino enthusiasts from the UK can legally play games of chance. Some time ago, the UK Gambling Commission banned credit card payments for gambling in a bid to stamp out irresponsible gambling. However, UK-facing gambling sites offer a broad range of reliable payment methods, including MiFinity.

Admittedly, MiFinity is not as popular as Skrill, Neteller, and PayPal among UK casino fans. However, a good-enough number of UK players opt for MiFinity when funding their gambling accounts and cashing out their profits because the payment service offers swift deposits and cost-effective taxes.


Australia

Australians are fond of gambling, and that can be seen from the amounts they spend on their favorite pastime. Reports state that over 80% of Australian adults engage in gambling activities. Due to the increased rates of people suffering from gambling problems, local regulatory authorities have implemented some measures to curb gambling addiction among Aussies. However, there are still plenty of gambling sites that not only accept players from Australia but also support the country’s official currency.

Australian casino fans who want to add funds to their gambling accounts instantly usually rely on MiFinity. Besides, MiFinity allows Aussies to retrieve their winnings swiftly and safely. A convenient way for Australians to fund their MiFinity accounts is CashtoCode. Unfortunately, they will have to pay a fee of 7.5% for topping up their digital wallets via CashtoCode. Australian players can also use their bank cards to deposit funds into their MiFinity accounts.

Using MiFinity in Mobile Casinos

1Download the MiFinity App

MiFinity is the perfect payment method for mobile casino fans. It offers a dedicated app that can be installed on Android and iOS-based devices. Players can find the MiFinity app in Google Play or the App Store. Casino enthusiasts can also download the app from MiFinity’s official website. The app can be installed on devices that run on Android 5.0 or later or iOS 12.0 or later.

Assuming that your handheld device is running out of storage space or is not compatible with the app, you can load MiFinity’s website in the browser of your device. Players are recommended to use up-to-date versions of the following web browsers: Google Chrome, Mozilla Firefox, and Apple Safari.

2Find a Mobile-Friendly Casino

The next step is to find a mobile-friendly casino that accepts payments via MiFinity. Some online casinos offer browser-based and dedicated apps to cater to the needs of all mobile casino enthusiasts. If a given mobile casino corresponds to your preferences and accepts players from your country of residence, set up an account and navigate to the cashier. Please note that not all mobile casinos allow cashing out with MiFinity.

3Deposit via MiFinity

Before being able to top up your gambling account via MiFinity, you should check whether the funds in your account are sufficient to cover the transaction. If not, you can use one of the supported payment methods to fund your MiFinity account. It is also possible to use MiFinity as an intermediary between your bank card and the casino.

When you open the cashier, you will see a list of all supported payment methods. Tap on the MiFinity logo and enter the amount you wish to deposit. After that, log into your MiFinity account to approve the transaction. No matter the type of device you use to play, MiFinity deposits and withdrawals are carried out in the same way.

MiFinity Casino Bonuses

Gambling sites usually throw in some generous promotions to lure in newcomers and motivate existing players to come back for more. However, it is essential to understand the bonus terms and conditions to make the most out of the available bonuses. Unlike Skrill and Neteller depositors, MiFinity users are not restricted from claiming casino bonuses.

Deposit Bonuses
No Deposit Bonuses
Free Spins
Loyalty Programs

Deposit Bonuses

When you join a MiFinity-friendly casino, you will be offered a Welcome Bonus. As a newcomer, you can benefit from a match deposit bonus, meaning you will receive a percentage of your first deposit. There is also a cap on the amount you can claim. Some web-based casinos treat their existing patrons to reload bonuses. Of course, to claim a reload bonus, you will have to deposit a specific amount. Casino aficionados who select MiFinity as a preferred payment method can claim all deposit bonuses up for grabs, unless otherwise stated in the terms and conditions.


No Deposit Bonuses

Some web-based casinos offer no deposit bonuses to new registrants. This way, players can test the waters without risking their money. To claim a no deposit bonus, you do not have to top up your gaming balance. However, you will have to comply with specific terms and conditions and make a deposit in order to cash out your profits. Given that you use MiFinity to fund your account, you will be able to withdraw your winnings generated from the no deposit bonus.


Free Spins

Many casino enthusiasts enjoy playing slots, and that is why operators often dole out some free spins. The free spins can come in the form of a no deposit bonus or as part of a match deposit bonus. If you select MiFinity as a preferred deposit method, you will have no issues claiming Free Spins offers.


Loyalty Programs

To express their gratitude to loyal players, many casino operators offer loyalty schemes. Usually, casino enthusiasts are awarded comp points for playing their favorite games with real money. Players’ VIP levels depend on the number of collected comp points. Some web-based casinos allow casino fans to redeem their loyalty points for bonus funds and other perks. There are also gambling sites that treat their VIP players to birthday gifts, cashback bonuses, higher withdrawal limits, and others. Casino enthusiasts who rely on MiFinity to fund their accounts can take advantage of the casinos’ VIP programs.

MiFinity Casinos Safety and Security

Gambling Licenses

Creating a Password

Keeping Your Data Safe

MiFinity is accepted by a decent number of reliable online casinos licensed by reputable gambling authorities such as the UK Gambling Commission, the Malta Gaming Authority, the Danish Gaming Commission, and others. The payment service abides by the PCI DSS Service Level 1 regulations, meaning that MiFinity’s systems are regularly tested. Moreover, the payment solution is authorized by the Financial Conduct Authority (FCA) and the Malta Financial Services Authority (MFSA).

As required by the Payment Services Directive (PSD2), MiFinity has implemented Strong Customer Authentication (SCA), also known as two-factor authentication. This means that MiFinity users who reside in an EEA country, including Iceland, Liechtenstein, and Norway will have to provide a verification code when logging into their accounts or performing a transaction. The verification code is sent to MiFinity account holders via SMS.

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MiFinity Alternatives for Online Casinos

Although MiFinity is not a new payment method, it is yet to be embraced by many reputable gambling sites. This means that finding a MiFinity-friendly casino is no picnic. Given that your favorite web-based casino does not support MiFinity payments, you can use other payment methods that have similar functionalities.

Skrill
Neteller
PayPal
MuchBetter
eZeeWallet
ecoPayz

Skrill

Skrill, formerly known as Moneybookers, is one of the most popular eWallet. It is accepted by nearly every web-based casino, so finding a reputable gambling site that works with Skrill is a piece of cake. Players can use Skrill to add funds to their gaming balances and withdraw their winnings safely and promptly.

A disadvantage of this payment method is that many online casinos exclude Skrill depositors from bonuses. Moreover, Skrill imposes hefty fees on certain financial operations. On a more positive note, you are unlikely to be charged by your online casino when depositing and withdrawing via Skrill.


Neteller

Neteller is another digital wallet accepted by many web-based casinos. Players who select Neteller as a preferred payment method can rest assured that their funds are in safe hands. Neteller allows its users to add funds to their eWallets via different payment methods such as bank cards, bank accounts, Klarna, Trustly, iDeal, POLi, Paysafecard, and others. Moreover, casino operators rarely charge players for depositing and withdrawing via Neteller. What players should keep in mind is that not all web-based casinos allow Neteller users to claim deposit bonuses.


PayPal

PayPal is one of the most trusted and convenient payment methods. With this in mind, it comes as no surprise that PayPal is accepted by many reputable gambling sites. The payment method supports deposits and withdrawals, making it perfect for the needs of casino enthusiasts. This digital wallet allows casino fans to fund their gambling accounts in no time and retrieve their winnings effortlessly. PayPal users are rarely excluded from casino bonuses. However, players should keep in mind that some casino operators apply nominal fees on withdrawals with PayPal.


MuchBetter

Established in 2017, MuchBetter quickly gained traction in the iGaming industry. It is designed to correspond to the preferences of casino fans looking for a safe and fast payment solution. MuchBetter is an award-winning mobile payment app licensed by the Financial Conduct Authority (FCA). It caters to the needs of customers from over 185 countries. One of the reasons why more and more casino enthusiasts opt for MuchBetter as a preferred payment method is its reliability. Besides, MuchBetter is reasonably priced compared to other digital wallets.


eZeeWallet

Launched in 2020, eZeeWallet is a relatively new payment method already available in over 180 countries. Casino enthusiasts can set up their eZeeWallet accounts in multiple currencies, including but not limited to DKK, AUD, BRL, CAD, SEK, GBP, EUR, INR, and PLN.

With eZeeWallet, you can deposit funds into your gaming account and cash out your profits in a hassle-free manner. eZeeWallet functions in the exact same way as other digital wallets. This means that you will have to set up an eZeeWallet account and add funds to it before being able to use it. Depending on your country of residence, you can use various reliable payment methods to fund your eZeeWallet account. Some include Trustly, Paysafecard, Neosurf, POLi, Klarna, and others.


ecoPayz

Players looking for a safe and prompt payment method often resort to ecoPayz. The digital wallet is available in over 200 countries and supports multiple currencies. ecoPayz provides casino enthusiasts with the opportunity to instantly top up their gambling accounts and withdraw their profits within no more than 48 hours.

With ecoPayz, you do not have to share your banking credentials when funding your gambling balance. The digital wallet is licensed by the FCA and abides by the Data Security Standards. ecoPayz uses various safety features, including two-factor authentication, FaceID, fingerprint, passcode, and others. Besides, the payment service utilizes state-of-the-art SSL encryption.

MiFinity Casinos FAQ

How can I send money to friends via MiFinity?

Who should I contact if I have questions?

Can I use MiFinity on my smartphone?

Who can set up a MiFinity account?

What are the fees for making casino deposits and withdrawals via MiFinity?

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