The best Mifinity Casinos
MiFinity is an online payment solution provider with over 2 decades of experience processing payments, but it was only in more recent years that they launched their flagship product, the MiFinity eWallet. The MiFinity eWallet app can be downloaded from the respective app stores for Android and iOS devices.
With the launch of their eWallet, MiFinity started to become a contender in the hyper-competitive gambling and casino payments space. You have more than likely noticed the MiFinity logo and option on more and more casino sites.
The MiFinity eWallet allows users to safely, conveniently, and instantly deposit funds into their online casino account. With support for over 180 countries and 17 fiat currencies, users have the flexibility to add funds to their eWallet in a preferred currency. The app is also available in 20+ languages.
MiFinity also supports a range of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC) and Ripple (XRP). This makes it ideal for gambling at Crypto casinos.
Adding funds to the MiFinity eWallet is made easy with support for over 75 deposit methods including credit and debit cards, crypto, Sofort, Interac, Union Pay and more. Depending on where you live, the available options will vary.
A really cool feature of MiFinity is the Virtual IBAN for your account which allows you to send and receive SEPA payments in the EU with no fees and it is super-fast. Another great feature of MiFinity is that it also has its own eVoucher system that you can use to top up your eWallet or send to other people. The eVouchers can purchased through various sites, such as Dundle, ReloadHero, Coinsbee, Recharge.com and many others.
Pros and Cons of MiFinity
Security – The need for online security, especially when it comes to payments certainly needs no explanation. MiFinity is licensed by the UK Financial Conduct Authority and Malta Financial Services Authority, which both require stringent security measures to be in place. MiFinity is also PCI DSS Service Level 1 compliant, and its systems are regularly audited.
Ease of Transactions – Whether you are depositing, transferring, or receiving funds, the MiFinity eWallet is designed to be user-friendly and intuitive. With more and more casinos supporting MiFinity, the process of transacting is fast and seamless.
Multi-Multicurrency – The MiFinity eWallet supports almost 20 fiat currencies with more being added regularly. With availability in 20 different languages in 180 countries, MiFinity is a global payment solution.
Cryptocurrencies – The MiFinity eWallet also supports cryptocurrencies which you can buy, hold, sell and transfer. Having a single app to manage your fiat and crypto is a huge benefit, especially when you gamble with crypto casinos.
Low Cost – Transferring and receiving funds from other MiFinity account holders is completely free, including receiving SEPA payments. All other transactions including currency conversion do incur some fees, however, MiFinity fees are competitive with many other eWallets.
Virtual IBAN – MiFinity offers a fantastic option (which is free) for creating what they call a virtual IBAN. This is essentially a bank account address where you can receive SEPA payments for free.
Limited Acceptance – MiFinity has certainly grown in popularity in recent years, however, they are still lagging behind many of the other casino payment providers. Also, MiFinity is not yet widely accepted on other e-commerce sites, so for instance, you won’t be able to do much online shopping.
Deposit Fees – As mentioned above, many of the MiFinity services are free and low cost, however, for example there are depositing fees that range from 1.8% for credit card deposits up to a whopping 7.5% for using a CashtoCode eVoucher.
Inactive Account Fee – Having a MiFinity account is free, but if you do not log in for a year, they will start charging a €1 per month inactivity fee.
MiFinity Crypto Casino Payments
Using MiFinity for your crypto casino payments and withdrawals is one of the key benefits of this eWallet. The first thing you need to do before being able to use crypto for your gaming is to make sure you have crypto funds in your eWallet. You can quickly and easily convert fiat currencies to crypto in the app. From this point, it’s very much a standard process for casino crypto deposits.
- Log in to your casino account and visit the cashier.
- Select the crypto deposit option and the type of coin/token.
- You will be presented with the casino’s crypto wallet address for the respective coin/token. (There will more than likely be a QR code too.)
- Open your MiFinity app and choose the ‘Send’ option. Enter the casino’s wallet address and be sure to enter it precisely. Also, enter the amount you wish to transfer.
- Submit and wait a few minutes for your funds to arrive.
To withdraw from the casino to your MiFinity eWallet is just as easy:
- Log in to your crypto casino account and visit the cashier.
- Select the crypto withdrawal option and the type.
- Enter the amount and your crypto wallet address. To find your crypto wallet address, open the MiFinity app and choose the ‘Receive’ option for the respective crypto (the same as you chose in #2 above)
- There will be a QR code and wallet address. Copy the wallet address to the casino or enter it manually making sure it’s 100% accurate.
- Confirm and wait for the casino to process your withdrawal.
MiFinity has been growing in popularity with gambling sites and players. There are plenty of online casinos that accept MiFinity, but it has not yet reached the heights of Skrill or Neteller.
However, the fact that MiFinity has such a strong crypto ecosystem and that so many online casinos now accept cryptocurrencies, you really will not be limited by choices of casinos to use your MiFinity eWallet.
MiFinity is a top-quality eWallet that is ideal for casinos and gambling. The mobile app gives you the ease and flexibility of making payments in both fiat currencies and crypto. With high levels of security and 75+ funding options, MiFinity has become a top choice for gamblers.
Transaction fees are reasonable for deposits and withdrawals, although some of the 75+ funding options are a little expensive. With no monthly fees and acceptable FX conversion fees, MiFinity is a very affordable and feature rich payment solution for gambling.