The appearance of digital wallets has affected the online casino industry immensely, in the most positive of ways. The level of convenience and effectiveness these banking options provide are hardly matched by the traditional credit/debit card services, so you will find online casino cashiers swarming with options such as Neteller, Skrill, PayPal and the like. One of the newer alternatives to popular electronic wallets is MiFinity.
Marketed as an “effortless, flexible and convenient way to send money globally”, MiFinity is mobile-oriented and cost-effective. More and more gaming websites are warming up to the idea of adding MiFinity to their banking package because using it is easy and the customers can make fast deposits without having to spend much time or effort.
Even though the brand isn’t among the top options in the industry, its credibility cannot be countered, as it functions in collaboration with various sectors for years, namely travel, education, retail banking, insurance, airlines and construction, among others.
MiFinity offers an array of online banking services, but the mobile e-wallet is the most popular one. Online gamblers can top up their MiFinity wallet in more than 170 countries. With regards to the internet gambling sector, MiFinity is operational in Australian, European and UK markets, with global aspirations, of course.
The MiFinity online casino network is growing, slowly but steadily. The company has gone to great lengths to make their product safe and legit, which is why casino operators do not have reasons to be sceptic – neither do the players. Currently, the list of casinos that accept MiFinity payments may not be long, but it surely features some of the most distinguished online casino sites, and that is worth much more than just numbers. From King Billy to Genesis Casino, MiFinity users can find their safe harbour to play at and have fun online. Casino Bloke’s list is just below, enjoy!
Min deposit $20. 50x wagering for deposit bonus. Max bet with active bonus $5. Max winnings resulting from the use of free spins $50. Bonus not available to BTC, BCH, DOGE, LTC players. Free spins added after a successful deposit and 1x wagering is met. Free spins winnings subject to 50x wagering.
Maximum winnings that will be paid out resulting from a free bonus or free spins without deposit will be 100 EUR or currency equivalent. In regards to BTC players, the maximum winnings that will be paid out resulting from a free bonus or free spins without deposit will be 15 mBTC. Any winnings exceeding this amount will be forfeited. Wagering Requirements for Free and Registration bonuses are forty (40) times the Bonus sum awarded to you, unless stated otherwise in the supplemental Terms and Conditions. General bonus terms and conditions apply.
Min deposit €10. Max bet €5. Wagering: 30x. Bonus valid for 30 days unless otherwise stated. Free Spins will be given in the following way: 20 Free Spins will be credited to the player’s account every day, for a period of 10 days. The first set of Free Spins will be added to the player’s account after the player has fulfilled the wagering requirements: 1x wager of deposit's amount in 23 hours.
The minimum deposit requirement to qualify for any part of welcome bonus is €20, its equivalent in other currency or 0.0042 BTC. Welcome package consists of: 100% bonus up to €100/1,5 BTC and 100 free spins on your 1st deposit; 50% bonus up to €100/1,25 BTC on your 2nd deposit; 50% bonus up to €200/1,25 BTC on your 3rd deposit; 100% bonus up to €100/1 BTC on your 4th deposit. All bonuses (unless otherwise specified) need to be wagered 40 times before the funds can be withdrawn. Time to wager - 14 days.
Minimum deposit 25 EUR | 40 CAD | 250 SEK. Expires 15 days after being activated. It has a requirement of 20X (D+B) for match 100% and 30X for match 50%. You can't play in tablet games. Live casino has no contribution. Free spins in Magic Oak | Habanero. The max bet is 4 EUR-6 CAD-40 SEK. General T&C's apply.
1.8% deposit fee/€1 withdrawal fee
84 / 100
Rates, Fees & Cost – Setup cost and transaction fees
Security – Level of safety and security measures
Availability – Number of serviced countries
Reputation – Overall feedback among players and consumers
Customer Support – Quality of assistance and speed of response
MiFinity was established in 2002, which means its employees have more than 18 years of experience in the online payments field. The company is headquartered in Belfast, with regional offices in Dublin and Malta. Through a growing network of partners and a highly-secure technology platform, they’ve delivered a simple, credible and efficient payment gateway with excellent implementation potential in the online gambling industry.
MiFinity’s electronic wallet can be used online or the user may opt to download the mobile app from the App Store or Google Play. If you care to become a user of the service you need to go to the website or download the app and register a free account.
As a new user, you will be given a choice of three options – opening an eCommerce, a Gaming or a Travel wallet. Select the currency, enter your email and password and verify your identity. Once your wallet is up and running, you can fund it with Visa, Mastercard, Trustly, Klarna and Union Pay. Verified users can make transactions totalling up to €10,000 per year, while unverified users can’t transfer more than €2,000 in the same period.
In 2019, MiFinity introduced 2FA. For accounts attached to any card issued within the EEA, Iceland, Liechtenstein or Norway, users are prompted to enter an SMS security code every time they log into their accounts or are about to complete a transaction. MiFinity has recently integrated BitPay, opening up towards digital currency. The service is authorised by the Financial Conduct Authority (FCA) and the Union Pay International.
Assuming that you have registered an account with MiFinity and funded your gaming e-wallet, you are eligible to deposit some of those funds (or all of them) onto your online casino balance. To do so, just go to the cashier section of your chosen MiFinity casino, select the method from the list of available options, enter your wallet login information and the amount you wish to transfer and confirm the payment. Once you’ve approved the transfer, the money will be on your casino balance for you to start playing your favourite titles without delay.
The process doesn’t differ from what you would do if you were depositing via any other digital wallet. Just make sure to remember your wallet login password and everything will be smooth sailing as long as you follow the instructions.
The MiFinity technology does not prevent a user to pull cash from other sources such as bank account and credit or debit cards. If the casino agrees to enable such transfers, you will be able to cash out with MiFinity practically in the same way that you deposited. If MiFinity is accepted as a deposit method, chances are it will also be available as a withdrawal option.
The fee policy at MiFinity is a bit complicated, nevertheless transparent. Each category of transaction carries certain fees. For instance, depositing to your MyFinity account has a 1.8% fee, regardless of the method you’re using to fund it (Visa, Klarna, Trustly and Mastercard). A withdrawal to your bank account or card costs a €1 flat fee. Sending money from your own MiFinity wallet to another wallet costs 1%, capped at €1.
Receiving money to your MiFinity wallet is free of charge and currency conversion fees are currently set at 2.99%. Time-wise, depositing money to a casino account via MiFinity is carried out within seconds. You will have your funds readily available for play. When you submit for a withdrawal, the money will be subject to further checks from the casino operators, but in general, you will have it credited as soon as the request is processed.
MiFinity’s support team can be reached via email, telephone or by contact form. You can email [email protected] and a skilled representative will get back to you as soon as possible. The site offers you the possibility of subscribing to the MiFinity Blog and you can also join all the social media channels to stay up to date with the brand. The Q&A section is very detailed and gives a step-by-step explanation of how to use the e-wallet, so that’s precious.
The thing we like most about MiFinity is security. It is definitely one of the reasons that can drive any player into considering using an e-wallet like this. MiFinity complies with PCI DSS Service Level 1 and implements Strong Customer Authentication (SCA).
All the transactions are encrypted and secured with SSL (Secure Socket Layer) technology, so you can manage your finds conveniently online and still sleep like a baby. We are aware that fees normally repel online players, but compared to some other options available out there, MiFinity’s fees are more than competitive.
With your email and password, you will have quick access to your funds which are well-protected and if you are a mobile user, the apps come in handy. At this point, there aren’t many casinos offering this particular payment method, but with it getting a license from the Malta Financial Services Authority (MFSA) in March 2020, it is expected to see more casinos opening up towards MiFinity, especially those licensed by the MGA.
Absolutely. MiFinity is licensed by the Financial Conduct Authority (FCA) in the United Kingdom under the Electronic Money Regulations. As from March 2020, MiFinity Malta Ltd, which is a 100% owned subsidiary of the company, has been given a license to operate by the Malta Financial Services Authority (MFSA). The payments provider is PCI DSS Service Level 1 compliant and runs systems that are audited regularly.
If there is something the matter, contact the customer support available at the casino first. Should the agents not be able to assist you, you can take the issue over to the MiFinity support team. There’s a phone line and an email address you can use to get in touch with them, and hopefully resolve the issue quickly.
Casino Bloke hasn’t encountered a single case of MiFinity being excluded from the bonus offers. Unlike Skrill or Neteller, which are often excluded from the promotions, MiFinity deposits make the players eligible and you are free to collect your bonus.
Yes, MiFinity is supportive of mobile play. You can download the MiFinity mobile app for your iPhone or Android smartphone for free and start using it on your mobile device for online gaming or other online commercial activities.