In recent years, the online casino gambling industry has paid a lot of attention to mobile gambling sector, which is growing in popularity. This adds to the player’s convenience of playing their casino games from the comfort of their homes. The introduction of numerous banking services that quicker, safer, and more secure than conventional ways contributes to the gambling industry rising popularity. Players now have access to a number of payment methods, MiFinity being one of them. MiFinity, like other digital wallets, has brought positive changes to the gaming industry.
Latest update 10 June 2024
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MiFinity is an e-wallet assisting in transferring money and making online payments. It easily processes deposits and withdrawals in online casinos, besides serving other purposes. MiFinity is known for its fast and secure online casino transactions since it provides high security and protection to its users. Therefore, best online casinos in Ireland have adopted MiFinity as an online payment gateway on their platforms.
UK Mifinity owns MiFinity, and FCA licences it. It is certified by Union Pay International to issue prepaid physical cards and to provide other services to the users. The e-wallet is the core service of mifinity payment platform. It supports the transaction of funds to everyone through its bank network as well as through local payment options. It has been growing since its inception and expanding its reach. Now we can witness online casinos accepting Mifinity as their payment option.
MiFinity started first in 2002. It was one of the first online payment methods. Similar to PayPal and other online transaction providers, its sole purpose was to make online purchasing and selling easier. It made easier for the consumers as well as the sellers to transact in a fast and secure way.
MiFinity first started as a transfer service, and over the years, it expanded its services and provided prepaid cards and e-wallets. Now it has its downloadable mobile application. Over the span of 20 years since its inception, it has expanded its network over many countries. Now we witness MiFinity working worldwide in various sectors like construction, education, insurance, gaming, banking, airlines, and travel.
MiFinity, like many e-wallets, is a transaction option used by most iGaming industries in Ireland. In addition, it is used to process deposits and withdrawals in casino sites as well. Thus you will find many reputed and licensed online casinos that accept MiFinity as a payment option because MiFinity provides its users with a safe, secure and fast transaction platform.
However, MiFinity is again a minor transaction platform as compared to other well-known digital wallets. Therefore, there aren’t as many Irish casinos that accept MiFinity as their payment option. Thus, MiFinity has this drawback; even interested players cannot use it at their preferred casinos. But, there are some reputed mifinity online casinos despite it being less popular that players can explore.
Online casino players new to MiFinty might wonder about its functionality. However, if you have used other digital wallets or are experienced in transacting money through other e-wallets, you already have enough experience. MiFinity, like many other e-wallets like Neteller or Skrill, follows the same steps.
MiFinity provides its users with a digital bank account. It allows the customers to save and transact money to and from the digital wallet quickly and hassle-free. You should open a digital bank account first to use it in any online casino. You can open a MiFintiy account easily, which will only take a few minutes. Once you have opened an account, fund it with money. Then you can use it to transact your deposit in any online casino or to make other online transactions.
At this point, if you deposit money into your preferable online mifinity casino, you can start playing your favourite casino games. Besides, if you win cash prizes or other casino bonuses from the casino, you can easily withdraw them directly into your MiFinity wallet.
You will just complete the process with a quick sign-up process and verify and take advantage of the MiFinity e-wallet features. Such easy steps and quick functionalities are gaining popularity in the online gaming industry.
Before funding your online casino with MiFinity, the first step should be to create an account with it. The setting up of the MiFinity account is fast and straightforward. To open an account with it, follow the listed steps below:
Access MiFinity’s homepage. You can go through the website or download the mobile application.
Click the “Sign-up” button to start the registration process. At this step, provide your email address.
They will send you a link to your email. Click the link to complete your registration process.
This way, you will successfully activate your MiFinity account. However, while you log in to your profile, you will need to upload your personal and residential data. This must be done by uploading digital proof of your identity and your address through an option that reads “Upload Document”.
You should upload documents such as
A valid passport
Driving Licence and
Identity card
To prove your residential address, you can use any one of the following government-issued document
Bank statements
Utility Bills
Other documents containing your residential address
Make sure the documents should not be more than three months old.
Note: It isn’t mandatory to verify your MiFinity account. But when you are an unverified user, you will have limits attached to the transaction you can process while using your e-wallet – MiFinity.
MiFinity is an excellent payment method that players can use to deposit funds into their casino accounts. Since MiFinity e-wallet funds casino accounts instantly, you can deposit your payment in a matter of minutes. Besides, you will also not risk revealing your sensitive data, such as financial information or personal data. Thus, you can deposit money and start your gambling journey in a few minutes safely and quickly.
When it comes to funding online MiFinity casino sites, the steps remain similar to the other e-wallet payment methods. You can follow the following steps given below to fund mifinity gambling sites quickly:
Log in to your casino account.
Head to the Cashier Section.
Click the “”Payment”” tab.
Select MiFinity as your preferred option from the list of payment options given on the page.
Then input your MiFinity wallet login details, such as your email and password.
Enter the amount you wish to credit into your online casino.
The transaction will take place immediately. Once the deposit is successful, you will find the fund in your casino.
Many times online casinos accept some payment methods only for deposit purposes. That means a particular payment method is available for fund withdrawals from the casino. It depends on the payment systems that do not allow you to withdraw your winnings through a particular payment method. Fortunately, MiFinity is a payment gateway that allows online casino players to make deposits as well as withdrawals. It means the players can fund their casino with MiFinity as well as withdraw using it.
The process of withdrawal is similar to the deposit process. To cash out your casino winnings, you must follow the listed methods:
Head to the Cashier Section.
Select the withdrawal option.
Enter the amount you wish to withdraw.
Then select MiFinity as the prefered payment method.
After the above process is over, you will be redirected to a new window. It will ask you to log in to MiFinity and verify the withdrawal. Once you verify your withdrawal, the casino operators will process your funds. Note that the method you have used to deposit the funds into your casino should be the only method you opt for to make withdrawals. That means if you want to use any method to withdraw money from the casino, you must first deposit your money into the casino using same payment method.
Another thing you should note is that the withdrawals are not as instant as the deposits because it needs some time to process your withdrawals at the casino’s end. At first, they process and approve your withdrawal which generally takes up to 48 hours in a few casinos. Once it is approved, you will receive the money instantly.
We must agree that having e-wallets like MiFinity on mobile devices is the best innovation within the fintech and the gaming industry. Thus casino players do not always have to access the desktop to process their online casino transactions. Instead, all these processes can be done with a few clicks from mobile devices. So, you can access MiFinity payments in two ways:
The MiFinity App is available for iOS and Android users. Thus their users can download the application from Apple and Google play store and process their transactions under one roof.
Another method to access MiFinity is through its website. You can access it from any mobile device.
With its website and the application, now the players can easily access their accounts and fund casinos that accept mifinity payments . Moreover, you can send money to bank accounts, credit cards, debit cards and various other digital wallet accounts and MiFinity accounts. Besides, it allows you to keep track of your transactions. All these benefits make MiFinity a convenient payment method for online gamblers exploring live casino games and sports betting.
You will incur no fees at many online casinos while making deposits and withdrawals. However, some particular payment methods incur extra charges. And when it comes to MiFintiy, it charges extra fees if you choose it as your payment option in an online casinos.
Fortunately, Mifinity’s charges for transactions are reasonably low. However, as you are already aware of MiFinity’s document verification, let us again remind you that there is an attached limit to which users can transact with unverified accounts. That means that when you are a new user of MiFinity and have not yet verified your account, you will only be allowed to transact up to 2000 Euros in a year. If you hit that limit, you must verify your account before transacting more. Furthermore, verified users are allowed to increase their limits upon request. Therefore, it is always best to sign-up for a MiFinity account only after going through their terms and conditions to know the limits or the number of fees attached.
Payment methods undoubtedly bring various advantages to their users. But one indisputable fact is that it has its downsides as well. Advantages and downsides are the two sides of the same coin, and one cannot stand without the other. So, when you select Mifinity, get ready to reap its benefits in various ways and try to accept the downsides as well. So, in this section, we will discuss some of MiFinity’s pros and cons.
MiFinity benefits its casino users in various ways and stands as an excellent option for them.
MiFinity seriously considers its user’s security. It uses industry-standard tools and the latest software solutions to assure the users how well protected it is and how it protects their personal and financial data. Thus this layer of protection makes the MiFinity very secure for making transactions to and from the casino.
Another benefit we can see in the MiFinity e-wallet is that it allows several payment methods to fund the MiFinity account. Thus, MiFinity users can use any convenient payment method to deposit money to their the e-wallet account.
Like the other most prominent e-wallets, MiFintiy allows its users to set up their e-wallets in currencies such as GBP, USD, EUR etc.
Another benefit Mifinity provides its users is that it safeguards the players’ financial data by not requesting them to share their banking details on mifinity casino sites.
As we earlier discussed, MiFinity comes with some disadvantages and casino enthusiasts should know them.
Though MiFinity is known as the safest and the best payment method, its service is still relatively new. Hence, not many casinos make MiFinity available as a payment option on their platforms. Thus it might be challenging to find mifinity casino sites, and you might be unable to enjoy its benefits.
MiFinity is supported in many countries and accepts different currencies. However, there are still some countries restricted to its services. As such, players residing in the jurisdiction not supporting MiFinity should have to find other options to fund their casino.
Another disadvantage we find in MiFinity is that it charges some extra fees.
Usually, Mifinity casinos are licensed and have various security measures. These features of a casino ensure the safety of the player’s information, such as financial or personal data. But, all casinos having a MiFinity transaction method cannot be considered safe. So, as a rule of thumb, you should check the casino for its licence and security measures before opening an account.
Unfortunately, not all online casinos accept MiFinity. But this transaction method is gradually getting popular in online casinos in Ireland. So, you will find many Irish casinos, if not all, to accept MiFinity.
MiFintiy, like other e-wallets, generally processes payments instantly. But when it comes to withdrawal, casinos go through a pending period followed by a processing and approval period. Therefore, the withdrawal may take some time or up to 48 hours. The withdrawal time through MiFinity greatly depends on the individual casino’s withdrawal policy.
MiFinity is mobile-friendly and compatible with all mobile devices, including iOS and Android. Therefore, you can use the MiFinity transaction method through both desktop and mobile devices. Furthermore, to make your transactions easier, you can download MiFinity mobile applications to your mobile device and make transactions whenever necessary.
The extra fees attached to the MiFinity greatly depend on the individual casinos you choose. Generally, the majority of the casinos do not charge any extra fees if you take MiFinity as a transaction method. However, some casinos attach extra charges with some payment methods. So, we always recommend you check the terms and conditions before signing an account with any casino. Then, you can again choose to contact the customer support representatives to clear your doubt.
You can withdraw your winnings using MiFinity since, like other e-wallets, this payment solution also lets its customers deposit as well as withdraw at casinos that accept Mifinity.
Irish Dice has created a detailed guide to MiFinite casinos, where you will find all the best MiFinity Irish casinos for Irish players. In addition, go through other reviews of our website. You will also get an in-depth insight into the casinos, such as games, types of bonus offers, security, licensing, transaction methods and other helpful information.
Getting a bonus using MiFinity greatly depends on the particular casino you choose. There are some casinos that offer bonuses for using e-wallets like MiFinity, and some casinos do not. If you choose or find a casino offering bonuses attached to the MiFinity, you take advantage of it.
The issue with the MiFinity transaction can be from the casino and MiFinity’s end. We recommend contacting the casino customer support representatives to check what might have caused an issue or delay with the transaction process. If the issue is not at the casino, you should know it lies at MiFinity’s end. So, contact the Mifinity customer support team via phone, live chat and email.
To conclude, MiFinity online casinos are gradually but definitely rising in Ireland, making it easier for casino players to use them for deposits and transactions. The miFinity casinos are on the rise because they provide players with a safe and secure platform. So, the players can transact in a hassle-free way. In addition, the deposits into the casino can be instantly made. But when it comes to withdrawal, it takes some time, depending on which casino you are using.
In addition, the payment method with MiFinity is mobile-enabled. That means the players can download the mobile application to make payments and withdrawals efficient. However, it has its own set of advantages and disadvantages. One such advantage you might encounter is the presence of extra fees attached to it. But as its advantage, it is a good payment method. Therefore, MiFinity is an excellent and easy-to-use transaction option for Irish players.
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