Online casino deposits and withdrawals are much easier and faster than they used to be. This is because of improved technology and a much more comprehensive selection of payment methods. Digital wallets are now the most popular option for online gamblers, but how do you pick with so many to choose from?
MiFinity is another digital wallet to add to the mix. It’s newer and not as established as some major players, but it’s proliferating. You can use the platform to make online transactions, and you can also get a virtual IBAN for payments into your digital wallet. We’ll cover all of the details you need to know about MiFinity, and we’ll give you a list of the best MiFinity casino sites.
Online Casinos That Accept MiFinity
Story Behind MiFinity
MiFinity launched in 2002 and has headquarters in Belfast, Ireland, and Birkirkara, Malta. It is a digital wallet or e-wallet, similar to some market leaders like Neteller and Skrill. MiFinity is so impressive because it supports 15 different currencies, including USD, EUR, CAD, PLN, JPY, and many others. You can send and receive funds in 30 different countries worldwide.
MiFinity is unique and perhaps better than the others because it offers a lot more than just a digital wallet platform. Users can claim a virtual IBAN, which allows the wallet to act similar to a virtual bank account. It’s excellent for MiFinity casinos, day-to-day spending, and other online transactions.
As the payment method has become more popular, there has been a massive rise in MiFinity online casinos launching. Players enjoy the benefit of fast and easy payments in a large selection of different currencies and a relatively low fee structure.
How to Deposit Using MiFinity
To make the most of a MiFinity online casino, you will first need to create an account on the MiFinity platform. Once that’s complete, you’re ready to deposit into a casino that accepts MiFinity. Follow these instructions:
- Find a good and trusted MiFinity online casino and create a casino account. We recommend choosing one of the operators listed on this page as our team of experts has vetted them.
- Log in to your casino account and visit the banking section, selecting MiFinity from the list of available payments methods.
- Enter your MiFinity account details when prompted to link your wallet and enter how much you want to deposit.
- Wait for the deposit success message, and the funds should be in your account within a few seconds.
MiFinity Deposit Fee
Like many similar e-wallets, MiFinity has quite a complex fee structure. The fee you pay depends on several things, including the currency you are using, the method you are using to top up, and much more.
The first thing to consider is the fees for loading up your wallet before you even go to make a deposit. When adding funds into your MiFinity account, you will be charged 1.8% using Visa and Mastercard within the EEA. This is increased to 2.5% if the card is from outside the EEA. Adding money to your account via Klarna costs 1.8%, as does Trustly and many other similar methods. Cryptocurrency is also subject to the same 1.8%.
The good news is that a standard SEPA bank transfer is fee-free and is the only method that doesn’t cost anything.
The good news is that once the funds are in your wallet, there is no fee for depositing into a MiFinity casino site. This means that you can avoid having to pay double charges and get to play with every penny that you deposit into the casino.
Although we would always prefer no fees, MiFinity is quite reasonably priced compared to other e-wallet services. For example, the average 1.8% charge is lower than Neteller and Skrill, two of the most popular gambling wallets.
MiFinity Withdrawal Speed
MiFinity online casinos are some of the fastest, so there are no long payout delays. Unfortunately, withdrawals aren’t instant, but they are significantly quicker with MiFinity than most other payment methods.
The MiFinity withdrawal speed is between 24 to 48 hours from approval. This is significantly faster than traditional payment methods that can take up to five days. Remember that the timescale isn’t based on when you request the withdrawal but on when it’s approved. Each casino has a payments department that manually processes payments, and the quality of the MiFinity casino site can influence this.
Documentation and KYC can also impact the MiFinity casino withdrawal speed. If it’s your first withdrawal request, you will likely have to verify your identity and submit additional documentation. However, this is a one-time thing and shouldn’t take more than 24 hours.
Fastest Paying MiFinity Casinos in 2022
Most online casinos that accept MiFinity also guarantee fast payouts, but some are quicker than others. Check out our list of the very fastest-paying MiFinity casinos below:
|No.||Online Casino||MiFinity Deposit||MiFinity Cashout|
|2||King Billy Casino||Yes||Yes|
|3||Mr Bit Casino||Yes||Yes|
Advantages and Disadvantages of MiFinity
Like most things in life, MiFinity isn’t perfect. There are many great perks to using a MiFinity online casino, but some drawbacks are involved. Here are the pros and cons of MiFinity that you should be aware of:
Unique Casino Bonuses Using MiFinity
MiFinity casino sites use casino bonuses to attract new players. With so many new brands launching, each casino is offering something bigger and better than the last in such a competitive market. This is excellent news for the player and something that you can use to your advantage.
Unlike some other payment methods, MiFinity isn’t excluded from casino bonuses. So players at MiFinity online casinos can benefit from welcome and loyalty rewards. The most popular type of casino bonus using MiFinity is a deposit match. A deposit match is when the casino will double your deposit and give you bonus funds to play with. Free spins are also very common, as well as cash giveaways. All of this and more are available at MiFinity casino sites.
Customer Support at MiFinity
MiFinity has a handy help centre packed with answers to the most common questions. You will often find what you need there without contacting customer support. If you need to get hold of MiFinity service, you can do so on the website.
A form can be filled in on the contact us page, or you can use the direct email address below.
Payment Methods Similar to MiFinity
Although MiFinity has been around for a while, it’s still relatively new in the world of online casinos. This means that casino sites that accept MiFinity are more complex to find than other payment methods. You might find that you need an alternative, and so we have outlined the methods similar to MiFinity below:
Security of MiFinity Online Casinos
With a genuine, licensed, and regulated online casino, you don’t have to worry about your personal or financial security. The MiFinity casino sites on this page have been vetted by a team of experts and are 100% safe. However, if you opt to choose a MiFinity online casino that isn’t published on this page, please be sure that it’s genuine before submitting any of your information.
The MiFinity payment platform is entirely encrypted. As a result, every login and transaction is safe, and you never have to worry about a loss of financial or personal information while using MiFinity. The company is also regulated and audited frequently.
Using MiFinity to Gamble
MiFinity casino sites are becoming more popular with players for many different reasons. The international access, selection of currencies, and lower-than-average fees are just part of the appeal. As more players understand the benefits of the digital wallet, more MiFinity online casinos are becoming available.
MiFinity supports gambling transactions, and you are not breaking any terms and conditions by using the wallet for this reason. You can also use cryptocurrency if your casino supports it, granting you higher levels of security and anonymity.
When using MiFinity to gamble, remember to keep the fee structure in mind. Depending on which payment method you add or withdraw money, you will lose a small percentage of your funds. Read the terms and conditions to be clear on this before depositing.
License and Address of MiFinity
MiFinity has locations and licenses in two different countries. There is MiFinity UK Limited and MiFinity Malta Limited. Below you will find the licensing and address details for both.
MiFinity UK Limited
We are authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 [Register Ref. 900090] to issue electronic money.
Mifinity Malta Limited
The Malta Financial Services Authority (“MFSA”) as a Financial Institution under the Financial Institutions Act 1994.
MiFinity Casinos FAQs
Still unsure about MiFinity casino sites and how they work? Read our FAQs below.