While paysafecard acquired Ukash to ultimately own the prepaid voucher market, there’s a new kid on the block giving it a run for its money. Known as Flexepin, online players can use the voucher at some of the leading online casinos to make secure and anonymous deposits.
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Prepaid vouchers are popular for online casinos, especially since they reduce the threat of online fraud. They also provide players who can’t use credit or debit cards with a viable depositing option. We explain more about Flexepin’s pre-paid casino deposit system below.
Background of Flexepin
Flexepin is a prepaid voucher service created under the e-Wallet company Flexewallet. While the parent company has been around since 1996, Flexepin was only established in late 2015 to early 2016. This is similar to the company behind the Skrill e-Wallet launching their prepaid service, Paysafecard, after years of operation.
The Flexepin service has now been employed at many top online casinos including some of the casino sites listed in the table above. It acts as a voucher which you can use to fund your online casino account.
Flexepin is very similar to Paysafecard with the requirement of purchasing a voucher at retail outlets – available at service stations and kiosks around Australia and Canada (with more countries to be added to the Flexepin system soon) – and using the 16-digit code to complete a transaction.
With two major prepaid options now available to be used at online casinos, picking which works best for you can be difficult, but either choice is safe and secure.
Can USA players use Flexepin?
No, unfortunately Flexepin is not available for players from the USA. For alternative payment options, see our USA casino deposits page.
Flexepin vs paysafecard prepaid voucher benefits
Flexepin vouchers can be purchased all around Australia, Canada and soon Europe and the UK. It allows users to purchase up to $500 on the one voucher, which is $400 more than the maximum limit available for paysafecard vouchers.
Both options allow up to 10 vouchers to be purchased, but this still means Flexespin offers higher limits – $5000 to be exact. Flexepin is therefore a perfect method for higher limit players who want a prepaid method. However, on the other end of the spectrum the minimum amount is $20, while paysafecard offers $10 as a minimum – making the latter option better for low rollers.
Paysafecard does win when it comes to entering multiple vouchers as once – there’s the option to enter more than one voucher at the online casino cashier for Skrill’s prepaid voucher. Flexepin on the other hand requires you to make multiple deposits rather than performing the one deposit. This could change, and since Flexepin has a larger amount on the one voucher it may not hinder you too much.
Unlike paysafe, Flexepin also offers a version of insurance. If your Flexepin prepaid voucher has been lost or stolen, you can contact customer support on the Flexepin website and request a replacement. Paysafecard doesn’t offer this service – if you lose your voucher, you lose your cash.
Additionally, you can’t purchase Flexepin online yet, as you can Paysafecard.
How to use Flexepin at online casinos
You will need an online casino account – pick from the Flexepin online casinos in the table above and open a free account. Once verified, head to the cashier and locate the Flexepin logo from the list of available deposit options. Enter the amount you wish to deposit, confirm, and then enter your 16-digit code from your voucher.
Confirm the transaction and your funds will appear in your account immediately unless you have insufficient funds on the voucher. If this is the case, you can use the ‘Check Balance’ tool on the Flexepin website to see the available amount on your voucher before trying again.
If you want to make a deposit with more than one voucher, head back to the cashier and repeat the process. If this is too time consuming you can opt for a web wallet, credit card deposit or bank transfer instead – check out our alternative deposits guide.
Just as most prepaid methods aren’t, Flexepin can’t be used for withdrawals.
Is Flexepin secure?
New payment methods always face the scrutiny of whether the security protocols are on par or more advanced than what’s on offer.
Since you can only buy Flexepin in person at retail outlets, there’s no chance of encryption hacks where third parties steal your information. Flexepin also advise to never reveal your voucher or code to anyone. Therefore, the only way you can be scammed is by using your pre-purchased Flexepin voucher at a rogue site.
This is why we only recommend secure web casinos, which are guaranteed to provide you with protection and have never been involved in payments scams. You can confirm this by taking note of the padlock in your browser’s URL bar, which confirms your connection as private and secure, when visiting these casinos.
If you want to see if these online casinos are legitimate merchants, use the ‘Check Merchant’ tool on the Flexepin website.
Already have a Flexepin voucher or have another deposit option in mind? We recommend Raging Bull Casino as our top-rated casino site for players from United States, which has a range of secure payment methods to choose from.
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