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
Pros:
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.
Cons:
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.
How to Use MiFinity
It is very evident that MiFinity has invested in making sure that the whole user experience is simple. Once you have verified your MiFinity account, you can start using it for your casino deposits and withdrawals (if supported by the casino).
Depositing with MiFinity into your casino account:
- Log into your casino account and go to the cashier.
- Select the MiFinity deposit option and enter the amount you want to deposit.
- A new window or pop-up will open where you will then enter your MiFinity details to authorize the payment. You may be prompted to select the funding source, such as your account balance, crypto or credit card.
- Confirm and wait for your funds to reflect in your casino account.
MiFinity casino payments are generally near instant, and should the funds still not show after 15-30 minutes, check your eWallet to see if the funds were deducted. If yes, then contact the casino support for assistance.
Withdrawing from your casino account to MiFinity:
- Most casinos that offer MiFinity as a payment method, also allow withdrawals back to your eWallet. You should be aware that some online casinos do not offer withdrawals back to your eWallet. Assuming your chosen casino does allow withdrawals, log in to your casino account and go to the cashier to select the withdrawal option.
- Choose the MiFinity option and enter the amount you wish to withdraw. Be sure you have completed any bonus requirements such as wagering/play-through before requesting the withdrawal.
- Confirm and submit. Depending on the casino’s withdrawal processing times, it could be almost instant or up to 48 hours. Once the casino approves the withdrawal, the funds should reflect in your eWallet within minutes.*
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 Fees
Whichever eWallet or payment method you choose for your online casino needs, there will always be fees, unfortunately. This is why it is important to review the fee structure of all payment methods beforehand. While an extra €1-2 here and there might not seem like much, these costs can add up over time to hundreds and even thousands. After all, you would rather be playing with that extra money than just giving it away in fees.
Opening and owning a MiFinity personal account is completely free. The fees come into play when you transact, and there are varying fees for deposits and withdrawals. However, these are not exorbitant and are overall quite fair. Currency conversion fees are also reasonable with a standard 2.99% which sure beats Skrill’s FX fee of 4,5-5%. Crypto deposits and withdrawals both attract a 1.8% fee.
MiFinity Casinos
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.
Is MiFinity Legit?
You can have 100% confidence that MiFinity is legit. They have been operating for over 20 years, plus the UK FCA and Malta FSA regulate them.
Conclusion
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.
Conclusion
Revolut is clearly a next-generation online banking and investment app. Revolut is a highly convenient and user-friendly payment method for all your online casino needs. Whether you want to transact with fiat or cryptocurrencies, it can all done and managed with the Revolut app.
The fees and currency conversion rates of Revolut are excellent in comparison to traditional payment methods, and even the monthly service fee is not a deal breaker if you take full advantage of all the perks that come with a Revolut account. Secure and user-friendly, it is easy to understand how Revolut has achieved exponential growth and become so popular amongst casino players.
