Casinos that Accept MiFinity
After completing a registration process in any online casino, the user has the opportunity to choose their preferred payment method for future transactions. The user is typically offered a long list of payment methods with traditional choices, such as credit and debit cards, e-wallets, bank transfers, prepaid cards, and crypto payments. A new name that appeared among the long list of payment options is MiFinity. So, what is MiFinity?
MiFinity is an online payment service that offers e-wallet services to its users, among other things. But with many already established e-wallet and online payment services out there, how does MiFinity stand out? Furthermore, will MiFinity become a regularly offered payment method in the majority of online casinos?
Recommended MiFinity Casinos
What is MiFinity?
MiFinity is owned and operated by MiFinity UK Limited, a UK-based company. You might not have heard of MiFinity before, but the company has more than 18 years of experience in the online payment industry. All the more, the company is licensed by the FCA (Financial Conduct Authority) and certified by Union Pay International.
MiFinity collaborates with various sectors, such as travel, insurance, education, airlines, construction, retail, and online casinos, among others. With such a long and established history behind its name, MiFinity offers credibility and security to players looking for a safe online payment method.
MiFinity is continuously looking to grow and expand its business, which isn’t a problem for the company, thanks to its highly secure and reputable platform. With a clear goal of becoming a leading online payment service, MiFinity offers an array of cost-effective and systematized end-to-end payment solutions. It also supports the MoneyExpress remittance program.
However, what most online casino players are interested in is the MiFinity e-wallet services. Luckily, this is the service MiFinity is most proud of and happy to promote into globally-used money transferring service.
MiFinity E-Wallet
Most people, including casino players, use e-wallets as they represent a safe and secure online place for keeping money. That way, their funds are protected from any possible abuse, and users have easy and quick access to their money. In the same manner, MiFinity e-wallet is an excellent choice for users that want to store their money online and use it wherever and whenever.
Every MiFinity e-wallet account is regulated and licensed by proper authorities, guaranteeing a safe and reliable service for storing money online. There are plenty of casino players using this e-wallet service because of the comfortable spending options as the funds are moved in a secure way.
There are plenty of advantages that appeal specifically to online casino players. Thus, we will go over them so you’ll know whether MiFinity services are the right fit for you.
Advantages of Using MiFinity in Online Casinos
Most online players’ primary goal is to find a secure and reliable online payment method, and that is precisely the first advantage of using MiFinity. Players won’t find a more dependable online payment service as MiFinity has the support of some of the greatest financial regulators out there.
Deposits and Withdrawals
The company has the support of MoneyExpress — the fastest and most secure transfer service. With such a global partner network, MiFinity can support money transfers almost anywhere in the world. Because of that, deposits and withdrawals in online casinos will not lag and will go through instantly.
To be absolutely clear, MiFinity supports instantaneous deposits. That means as soon as you deposit money into your casino account, you will be able to use the funds. When talking about withdrawals, you might want to prepare yourself that they’ll take a bit longer. However, longer withdrawal processes are normal due to the withdrawal verification and approval processes on the casino’s part.
On the topic of deposits and withdrawals, MiFinity is used and accepted in over 170 countries across the world. That means you will be able to make transactions in one out of the many currencies offered by the service.
Bank Details and Fees
Probably the most significant benefit for casino players are the added fees. As most players look for ways to maximize their winnings, they want to avoid paying any additional fees. Luckily, MiFinity has exceptionally low fees for online casino deposits and withdrawals.
Another huge benefit for players is that they are not required to provide any bank account details when registering in online casinos. All they need to do is provide their e-wallet details, and that’s it. You will be able to join any casino that accepts MiFinity as a payment method.
As an example, depositing at King Billy Casino incurs no fees whatsoever and is instant. It will look like the following:
However, do note that funding your MiFinity account will have fees associated with your deposit depending on how it is being funded. Fees for depositing into MiFinity are:
| Deposit Method | Fee |
|---|---|
| VISA EEA | 1.8% |
| VISA non-EEA | 2.5% |
| VISA Interregional | 3.5% |
| MasterCard EEA | 1.8% |
| MasterCard Non-EEA Eastern | 2.5% |
| MasterCard Non-EEA Western | 2.5% |
| MasterCard Interregional | 4% |
| UnionPay | 1.8% |
| Argencard | 7.7% |
| Aura | 8.7% |
| Blik | 4% |
| Baloto | 7.5% |
| Banco do Brasil | 6.7% |
| Bancontact | €0.50 |
| Bitcoin | 1.8% |
| Bitcoin Cash | 1.8% |
| Boleto | 6.7% |
| Bradesco | 6.7% |
| Cabal | 7.7% |
| Cencosud | 7.7% |
| EPS | 1.8% + €0.25 |
| Efecty | 7.5% |
| ElO | 8.7% |
| Estonian Banks | 3.5% + €0.35 |
| Giropay | 1.8% + €0.25 |
| Ideal | €0.50 |
| Itau | 6.70% |
| Klarna | 1.8% + €0.19 |
| Latvian Banks | 7% + €0.35 |
| Lithuanian Banks | 7% + €0.35 |
| Maxima | 7% + €0.35 |
| Multibanco | 2.3% + €1.10 |
| MyBank | 1.5% + €0.35 |
| Naranja | 7.7% |
| Narvesen | 0.8% + €0.85 |
| Nativa | 7.7% |
| OXXO | 6.9% |
| P24 | 3.5% |
| PSE | 6.9% |
| Pago Facil | 6.7% |
| PayPost | 0.8% + €0.45 |
| Paysera | 4.2% + €0.50 |
| Pay by Bank app | 0.8% + €1.10 |
| Perlas Terminals | 0.8% + €1.10 |
| Rapipago | 6.7% |
| Redpagos | 6.7% |
| Safetypay | 4.5% |
| Santander Cash Payment | 6.7% |
| Tarjeta Shopping | 7.7% |
| Trustly | 1.8% + €0.19 |
| Trustpay | 4% + €0.40 |
| Verkkopankki | 2.5% + €0.60 |
| Webpay | 6% |
Withdrawal fees from MiFinity are:
| Deposit Method | Fee |
|---|---|
| Local Bank Transfer | €1 * SEPA |
| VISA EEA | €1 |
| VISA Interregional | €1.75 |
| MasterCard EEA | €1.75 |
| MasterCard Interregional | €2 |
Mobile Access
Naturally, you will be able to access your MiFinity account via your laptop or desktop computer. But if you’re a player on the go, you will be glad to know that MiFinity has a downloadable application that you can get for both Android and iOS devices.
Furthermore, MiFinity has a compatible mobile platform if you want to access the website through a mobile browser. All you need is a strong internet connection, and you will be able to gain access to your account in no time.
Customer Support
We know how important it is for players to have immediate access to support services when something goes unplanned. That’s why we are happy to report that MiFinity has a friendly and dedicated customer support service that players can access in three different ways — via email, telephone, or live chat.
MiFinity Disadvantages
There aren’t many bad things that we have to mention about MiFinity and its use in online casinos. Although some players will claim that imposing fees on transactions is a disadvantage, we must remind you that MiFinity has surprisingly low fees compared to many other online payment services. There is also the hassle of setting up a 3rd party account with MiFinity before being able to play.
Another disadvantage that comes to mind is the lack of online casinos introducing MiFinity as a payment method. We are yet to see an abundance of online casinos accepting MiFinity as a way of depositing and withdrawing funds online. Hopefully, the number of MiFinity casinos will increase in the future, and more players will find it to be one of the safest online payment options.
FAQ
What is MiFinity?
MiFinity is an online payment service that also offers e-wallet services to its users. Its priority is to offer fast and secure online transactions.
How can I transfer money to my casino account?
Transferring money from your MiFinity account to your casino account is quick and simple. There’s no need to log into your bank account or provide any bank details since all you need to do is deposit funds directly into your account.
In addition to transaction fees imposed by MiFinity, are there any other fees?
In most cases, there shouldn’t be any additional fees. As most casinos know that players are repelled by additional fees, they will likely avoid imposing any other fees if they see that the payment solution already has fees. Just in case, check with the casino’s customer support before registering.
Can I have multiple e-wallets?
Yes, you can. MiFinity allows up to nine separate e-wallets across a combination of sectors.
Are there maximum withdrawal limits with MiFinity?
No, there aren’t. MiFinity does not have any limits on withdrawals, but online casinos might have. In that case, it’s best to check with the casino before you withdraw your winnings.
Author: Tom Wilson
Chief editor and creator, Tom drives the direction of CanadianCasinos.ca with the goal to provide the best and most honest resource for online gambling enthusiasts in Canada