MyFinity is a popular e-wallet accepted by over 550+ websites in over 200 countries and territories worldwide. It is a highly reliable, FCA-licensed platform with over 18 years in the business of online payments. This Belfast-based company with a global presence is especially popular in many European countries, Australia and New Zealand.
MiFinity allows swift and easy transactions in 17 currencies, including Australian, Canadian, and US dollars, euros, and pounds. One of its great advantages is that it supports over 40 local payment methods. Registration is simple and free and the platform can be used on desktop and mobile. Both Android and iOS apps are available.
MiFinity has introduced several useful innovations in the past couple of years. In October 2021, the company launched MiFinity eVouchers, a hassle-free way to deposit and spend money. In January 2022, they came up with another product: MiFinity Virtual IBAN. This way, users can transfer funds into their MiFinity account completely free of charge.
Read on to find out more about this simple-to-use payment method: its deposit and withdrawal options, fees, pros and cons, and fast payout casinos accepting MiFinity payments.
In this review you will find...
🚫 Best MiFinity Casinos USA for 2024
MiFinity is available in the US but not in the gambling market. Here you can find our top-rated casinos with the fastest payouts, they don’t support MiFinity transactions, but you can still find the most popular payment options available in the U.S.
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⏩ How to Deposit with MiFinity in Online Casinos
Making an online casino deposit with MiFinity is really easy. Before you do that, however, you need to register an account with MiFinity and make sure you have enough cash in your e-wallet.
Once all that is done, follow these steps to top up your casino account:
- Log into your favorite casino and visit their banking page.
- Choose MiFinity as your preferred payment option.
- Enter your user data upon being redirected to MyFinity’s page.
- Type in the amount of money you want to be transferred.
- The money will soon find its way to your casino account.
The deposit limits and fees are set by your casino and can be different for various payment methods. Generally, casinos do not impose a fee on deposits made through e-wallets. If they do, MiFinity’s fees can be expected to be the same as that of other e-wallets’. Do not forget that, though your casino won’t charge you for depositing, your service provider might.
⏪ How to Withdraw with MyFinity in Online Casinos
Cashing out with MiFinity is not much different than depositing. Although simple, it will almost certainly take more time than depositing. Withdrawals are usually handled instantly, but your money may be kept for a pending period of 48 hours.
Follow these steps for a quick withdrawal:
- Visit your casino’s cashier page.
- Choose the payment method of your preference.
- Log into your MiFinity account.
- Enter the amount you want to be sent to your MiFinity account.
- Confirm the transaction and wait for your winnings to arrive.
The cashout limit will again depend on your casino. Most casinos do not charge a fee for MiFinity withdrawals. Keep in mind that the service provider will charge you for withdrawing funds from your MiFinity account.
📑 How to Use MiFinity with Different Funding Methods
Currently, MiFinity accepts over 40 local payment options throughout the world. Some of these include Klarna (Sofort), Giropay, and Boleto. Australians and New Zealanders are particularly keen on Neosurf and Poli, as well as bank card payments. Another great thing about MiFinity is that it can be used as a multi-currency e-wallet.
To see which payment options are available in your country, log into your MiFinity account and click on Deposit. The service is unavailable in a relatively small number of countries, so you will probably be able to use it.
Though casino depositing and withdrawing is mostly free of charge, MiFinity will charge you whenever you put or withdraw funds from your MiFinity account. These fees depend on the chosen funding method. Depositing with credit cards is subject to a fee of 1.8% to 4.5%, but the cost goes up to 7.5% for CashtoCode vouchers. Cryptocurrency withdrawals have a fee of 1.8%, and there are fixed fees of $1 to $2 for credit cards.
✅ Advantages and ⛔ Disadvantages of MiFinity
It is nearly impossible to find a payment method that is perfect in every respect. Here are some of the pros and cons of MiFinity, which will hopefully help you choose the right payment option for you.
The Good
- Accepts more than 40+ local payment methods.
- Supports a large number of currencies.
- It can be used as a multi-currency e-wallet.
- A small number of unsupported countries.
- Available in Australia and New Zealand.
The Bad
- Customer service could be more efficient.
- High fees when depositing and withdrawing money to and from your MiFinity account.
🪙 Similar Payment Methods
Despite the many advantages of MiFinity, you need to consider other payment options, too.
Casino users from Australia, for example, should definitely think about using Flexepin. Flexepin is basically a voucher similar to Paysafecard. These vouchers can be bought online or at different physical locations and used to top up your casino account. Though convenient, they have one obvious disadvantage – they cannot be used for casino withdrawals.
Also available in Australia and New Zealand, eZeeWallet is another popular digital wallet. It is present in nearly 200 countries and accepts over 50 local payment options. The wallet is easy to use and supports a large number of currencies, though it does not accept USD transactions.