Casinos With MiFinity
MiFinity is a popular e-wallet service. It is an excellent option if you want to make easy, secure deposits and withdrawals at an online casino. That’s the common opinion, but we are here to question it. At GambleGuys Canada, we will look for the best casinos accepting MiFinity in Canada, we will explore how this payment method works, in detail – whether is it really the e-wallet with infinite possibilities– as it is stated on the official website.
Best MiFinity Casinos – October 2024
What is MiFinity?
MiFinity is a digital wallet operated by MiFinity UK Limited. It offers convenient transactions whilst protecting your financial details. As a casino method of payment, players can use it to make hassle-free deposits and withdrawals.
It is accepted by over 500 websites, including online casinos in Canada and over 70 countries worldwide. This payment solution accepts 17 currencies, making it ideal for online casino players.
What makes MiFinity one of the best methods of payment at online casinos is the super-fast transfer times, and you only have to give a little personal information.
How Does MiFinity Work?
MiFinity is a straightforward payment solution that is transparent, safe, and secure. You can pay online, receive funds, store money, and send worldwide with a digital bank account.
Before you can start spinning the reels or playing cards at a MiFinity online casino, you must have an account. Getting started with this payment option was easy. Our team signed up online on their website in a few steps. Another option is to download the app from the Google Play Store or the Apple App Store. The app offers convenient banking on the go. You can make transactions, view your payment history and more.
Once you have an account, you must fund it before using it at an online casino. We noticed they have partnered with multiple banking options like Visa and Mastercard to simplify this process.
How to Create a MiFinity Account
It takes only a few minutes to create a MiFinity account. Create your account by following these steps:
- Click the “Sign Up” button on the official MiFinity website.
- Fill out the required information, which includes your email address, password and valid mobile number.
- Verify your account creation via email.
- Next, create your e-wallet by providing a few personal details like your country of residence, currency, name, address, etc.
- Once complete, a verification code is sent via SMS. Enter the code in the required field. Fund your account, and you are ready to make casino deposits with MiFinity.
How to Use MiFinity at Casinos
With your e-wallet created, it is time to join a MiFinity online casino in Canada. Creating an account at an online casino is also simple. On your preferred MiFinity casino, click the “Register” or “Sign-up” button. Enter the required information, which includes details like your name, address, contact information, etc.
Confirm your account creation and verify your account by email. Once done, you can start making MiFinity casino deposits and play your favourite games.
Casino Deposits with MiFinity
At MiFinity casinos, deposits are instant, so you can start spinning the reels or take on a dealer in a live casino in no time at all. Best of all, when depositing funds at a casino using this e-wallet, very little information is required, in comparison to other casino methods of payment.
- Head to the cashier’s section of the online casino and select “Make a deposit”.
- Choose MiFinity as your preferred payment method.
- Enter the amount to deposit.
- A pop-up asks you to log into your MiFinity account with your email and password.
- Confirm the transaction.
That’s it! Your deposit will be in your casino account.
The deposit fees range depending on your chosen method. Cryptocurrency deposits are 1.8%. Visa and Mastercard charge 2.5% for deposits using MiFinity. Interac charges 3.5% and C$0.75 and other banking methods can be up to 10.5% like in the case of Paysafecard.
Casino Withdrawals With MiFinity
If you have been playing your favourite casino games and have won, you probably want to withdraw those winnings. Not only can you use MiFinity to deposit at an online casino, but you can also use it for withdrawals.
The withdrawals are similar to the deposit. At the cashier, select “Withdrawal”, enter the amount you want to withdraw and sign in to your MiFinity account from the pop-up to verify the transaction. As MiFinity is an e-wallet service, the funds are almost instantly in your account after the casino has processed the request.
Fees for withdrawals using crypto is 1.8% and other methods like Interac are C$4.
Is MiFinity Safe to Use at Casinos?
Reputable online casinos will offer various casino banking options to Canadian players.
MiFinity is considered to be one of the best payment methods at online casinos because of its security. All appropriate measures have been implemented to ensure your casino deposit with MiFinity and withdrawals are safe.
So, how safe is it to play at an online casino? MiFinity UK is licensed by the UK Financial Conduct Authority and Malta Financial Services Authority. It is also certified by Union Pay International. MiFinity is regularly tested, too, to ensure that transactions remain secure.
They use layers of security to keep your money secure, as well as the latest anti-fraud tools and security features to protect sensitive information and finances.
When transacting, you must log into your account with your email and chosen password. Another feature is to add two-step authentications to protect your account further. Activate two-step authentication so you receive a unique code on your mobile. The code must be entered to gain access to your account.
MiFinity also offers an excellent support team. Upon testing, Gambleguys found them quick to answer questions. You can contact them via email or fill out the contact form. They will get back to you as soon as possible.
MiFinity offers layers of security, and so should your chosen MiFinity casino. The best MiFinity casinos are licensed and regulated, use SSL encryption to protect financial and personal information, and offer quick and professional customer support.
Best Online Canadian Casinos Accepting MiFinity
Take a look at our list of recommended online casinos and read our reviews to determine which online casino you want to be a member of. At our recommended online casinos, deposit with MiFinity, place real money wagers, claim bonuses, and play a vast selection of casino games, including slots, table games, and live dealer games.
Before we recommend an online casino to our players, we consider various aspects to ensure our players have the best gambling experience.
Licensing and Security
A legitimate government body will license a reputable online casino. This license ensures that the casinos follow regulations and provide a secure gambling experience. The security of the website is also essential. Your chosen online casino should use SSL encryption to protect all player data.
Games Selection and Software Providers
Of course, at a MiFinity casino, you want access to a wide range of games that cater to all players. The range of games should include slots, table games, instant games, and a live casino. The games should be provided by leading software developers who use RNG software to ensure that all games are fair.
Payment Methods
Along with MiFinity, casinos Canada banking options should include several safe and secure options. MiFinity is a secure payment method, but other options include Visa, Mastercard, Skrill, Neteller, and cryptocurrencies like Bitcoin.
Bonuses and Promotions
Online casinos use bonuses and promotions to attract new players. MiFinity casino bonuses and promotions should have clear and transparent bonus terms regarding the wagering requirements, expiration, minimum deposit, etc.
Customer Support
A MiFinity online casino should have easily contactable customer support. The customer support team should be able to be reached through multiple channels like email and live chat. If you ever have an issue at an online casino, you want to be sure you can receive the help you need.
There are so many options for MiFinity online casinos, including platforms like Oshi, King Billy, and I Wild Casino. At GambleGuys Canada, we reviewed and tested these MiFinity casinos and provided accurate information about each to help you determine if you want to become a member of one of these.
Pros and Cons of MiFinity
In our opinion, MiFinity is a viable banking option for Canadian players. Even though this payment method has distinct advantages, it also has a few drawbacks.
Pros
- Your financial details are safe
A reputable online casino offers several banking methods; however, in some of these, like in the case of Mastercard and a bank transfer, you have to provide specific banking details to use them. Whereas MiFinity doesn’t need you to share financial information.
For instance, if you use a bank transfer at an online casino, you must enter your account number, or if you use a credit/debit card, it requires your card details. Whereas, with MiFinity we just had to log into our account, and transact securely from the digital account.
- Safe and secure
MiFinity offers the best security for your account, with layers of security at every step. Firstly, you must enter your username/email and password to access your account. Two-factor verification can be added to this.
- No extra fees
An online casino doesn’t charge players using MiFinity for deposits and withdrawals. The e-wallet service charges are exceptionally low, making it a cost-effective payment solution to play at online casinos in Canada.
- Multiple currencies supported
MiFinity supports multiple currencies, making it convenient for you to make deposits and withdrawals. By offering multiple currencies, players can benefit as they do not need to manage exchange rates and so on.
Your MiFinity wallet can be funded using currencies like CAD, AUD, ZAR, GBP, USD, etc. This also makes it handy if you play at an online casino while in another country.
Cons
- It takes longer than other payment methods
Even though creating a MiFinity account is easy and quick, making a deposit or a withdrawal is longer than other methods. An e-wallet adds more steps to the process than a debit or credit card. With a service like MiFinity, you must create an account with them, fund it, and then use it at an online casino.
Using Mastercard, for instance, our team entered details directly on the casino platform, and the deposit appeared instantly in our account.
- Not all online casinos support MiFinity
Even though it is a popular banking option, it is one of the newer methods, which means that not all online casinos accept it. It can be tricky to find a MiFinity casino, but more recent online casinos are adopting this payment method. Check out our recommended MiFinity casinos for Canadian players.
- Not supported in all countries
MiFinity does have a worldwide footprint, but it is not yet available in all countries. You should check whether your country is accepted before opening an account. If it isn’t, you will need to choose another payment option.
Overall, the MiFinity e-wallet service is an excellent option for Canadian players. It offers players a hassle-free way to make deposits and withdrawals. At a MiFinity casino, you can play your favourite games and claim bonuses, and if you are lucky enough to win, you can withdraw using it. Deposits are instant, and withdrawals are speedy, with most winnings entering your account almost instantly after the online casino has processed the withdrawal.
