Page updated on: 17.03.2020

MiFinity Casinos and Guide for Deposits and Withdrawals

MiFinityMiFinity is an e-wallet payment option that allows you to send money to other users and also online casinos. You can use it online, or by downloading the MiFinity App from the App Store or Google Play.

MiFinity has been around since 2017, and in late 2019 they ventured out into expanding their services as a payment provider processing payments to and from online casinos.

There is also a special option where users can send money to Union Pay registered cards in China.

Users from 170 countries are accepted, and you have many options available to fund the accounts, including Visa, Mastercard, Trustly, Klarna and Union Pay.

It's possible to create wallets for different purposes and you can also register them with different currencies. Currently accepted are AUD, CAD, CHF, CZK, EUR, GBP, NOK, NZD, PLN, RON, SEK and USD.

Advantages

  • Quick and easy payments
  • Multi-currency wallets for different purposes can be created
  • Receiving money is free of charge

Disadvantages

  • Fees for payments
  • Not accepted at many casinos yet

All MiFinity Casinos:

There are not many casinos around yet, that accept MiFinity ↱ payments, but we're sure that the number will grow in no time. You can find the best MiFinity casinos here, and take a look at our detailed casino reviews to find out more about what the casino has to offer. We take a look at their general terms, bonuses, games, payment policies and everything else that may be of interest to players.

Name Highlights Rating Links
Casino Lab ✓ Fair bonus terms and low wagering
✓ good game selection with many popular games and live casino
✓ fast payment processing
✓ 1300 games on desktop and 800 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review
Casino Planet ✓ Pay N Play for players from Finland
✓ Established operator with good reputation
✓ Live-Casino promotions available
✓ 1300 games on desktop and 800 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review
Casoola ✓ Bank ID for players from Finland
✓ Withdrawals are processed within 24 hours
✓ Bonus wagering requirements are fair
✓ huge game selection
✓ 1300 games on desktop and 800 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review
Kassu ✓ responsive website for mobile casino
✓ payments are processed fast and reliable
✓ bonus terms and wagering are fair
✓ 1300 games on desktop and 800 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review
Casino Joy ✓ bonuses come with fair wagering and other terms
✓ a varied game selection with many popular games
✓ reliable payment processing
✓ 1300 games on desktop and 800 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review
Funbet ✓ Many options for sports betting
✓ established operator
✓ reliable payments
✓ 1200 games on desktop and 800 on mobile
✓ Game Types: Sports betting, Casino, Live Casino
Visit
Vegas Hero ✓ Live Casino bonuses available
✓ Promotions have good conditions
✓ a large game selection
✓ 1300 games on desktop and 800 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review
Casino Gods ✓ Withdrawals are processed within 24 hours
✓ Promotions for live casino and slots available
✓ huge game selection
✓ 1300 games on desktop and 800 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review
Casino Cruise ✓ Withdrawals are processed within 24 hours
✓ Promotions for casino and live casino
✓ large and diverse game selection
✓ 1300 games on desktop and 800 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review
Genesis Casino ✓ Mobile Casino with responsive design
✓ Fair bonus wagering conditions
✓ 1300 games on desktop and 800 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review
Pelaa ✓ Pay N Play for players from Sweden & Finland
✓ fair bonus and wagering conditions
✓ interesting game selection
✓ 1300 games on desktop and 800 on mobile
✓ Game Types: Casino, Live Casino
Visit
Spela ✓ Pay N Play for players from Sweden & Finland
✓ fair bonus and wagering conditions
✓ interesting and varied game selection
✓ 1300 games on desktop and 1000 on mobile
✓ Game Types: Casino, Live Casino
Visit
Sloty ✓ Withdrawals are carried out within 24 hours
✓ Promotions for casino and live casino
✓ large and varied game selection
✓ 1300 games on desktop and 800 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review
Spinit ✓ Fast withdrawals within 24 hours
✓ Promotions for casino slots and live casino
✓ game selection is diverse
✓ 1300 games on desktop and 800 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review

How does MiFinity work?

To use the service, you'll first need to download the app to your mobile device, register a free account and top up the e-wallet account. Make sure that you enter a valid email address, as you'll be sent a verification code after the registration. You can also complete the registration online on a computer.

You can choose from three different types of e-wallets: eCommerce, Gaming or Travel, and you can enter a personal description for each wallet. Select the currency for the wallet, and continue by entering your personal details. Again, enter true information, as your identity will need to be verified at some point. You'll also have to enter a valid phone number, which will be sent a code to, and you need to enter it to activate the account.

You can create multiple wallets for different purposes and with different currencies, which is practical to control spending and maintain accounts in different currencies.

When making a transfer to a casino or another user, you can choose the wallet from which the amount shall be deducted from.

Funding options depend on your country of residence, and you can currently choose from Visa, Mastercard, Trustly, Klarna and Union Pay. You can fund a specific wallet, but you can also transfer money from one wallet to another (subject to fees). Keep in mind, that different currencies between wallets will incur conversion fees.

You can also withdraw money from your MiFinity Wallet, but the only options are to make a bank transfer, or a transfer to a previously used card.

Casino deposit with MiFinity

Using MiFinity to make a casino deposit is simple. Select the payment method from the cashier at the online casino, select the amount you wish to transfer and follow the steps on screen to login to your wallet and confirm the payment. The amount will be credited instantly and you can start playing casino games for real money.

Casino withdrawal with MiFinity

If you've used MiFinity for the deposit at the casino you'll also be able to use it for the withdrawal. Select it from the list of available methods and follow the steps on screen. Remember, that you can only withdraw money from your cash balance, and in case you've played with bonus money, you'll need to fulfil the wagering requirements before requesting a withdrawal.

Conclusion

MiFinity is a good payment method to make fast casino payments, and it's a good option if you don't want to use other e-wallets, like Neteller or Skrill. It's still a bit of a newcomer on the market, but they have a solid offering, which may well gain popularity in the future.

There aren't many casinos yet that accept the payment method, but we believe that this number will also grow in the near future.

A definite plus is the option to create multiple wallets with different currencies, and to easily transfer funds between them.

A small drawback, as with most payment options, are the fees, but these are quite reasonable and lower than those of other services.

FAQ

MiFinity accounts can be registered with multiple currency wallets, and you can currently select from the following currencies: Australian Dollar, Canadian Dollar, Swiss Francs, Czech Koruna, Euro, British Pound, Norwegian Kroner, New Zealand Dollar, Polish Zloty, Romanian Leu, Swedish Kroner and US Dollar.

The MiFinity fees are clear. A deposit costs a 1.8% fee, regardless of the method you're using. A withdrawal to your bank account or card costs a €1 flat fee.

Sending money from your own MiFinity wallet to another costs 1%, with a maximum of €1, and sending money to another user costs 1% with a maximum of €10.

Currency conversion fees are currently noted at 2.99%, which is standard compared with other payment providers.

Receiving money to your MiFinity wallet is free of charge. For a full list of the current fees, visit the website ↱.

Sending money with MiFinity is carried out within seconds, which means that if you send money to an online casino you can start playing immediately.

Requesting money from a casino is also subject to further checks from the casino operators, but you'll have the money as soon as the payment has been processed by the casino. Please refer to the casino's payment terms to find out how long it takes to process withdrawals. Also remember, that you can only use MiFinity for the withdrawal if you've used it for the deposit at the casino.

There are some online and mobile casinos that allow you to use MiFinity as a payment method, and you can find them here at CasinoDaemon.com. There aren't many yet, but we think that there will be more in the future.

The minimum you can transfer in a single transaction to a casino depends on their policy, but it's usually an amount of €10 or €20. The maximum per transaction may be limited to €5000, which you will have to keep in mind for the withdrawal as well, as some casinos impose withdrawal restrictions and limit how much you can cash out in a day, week or month.

MiFinity is operated by MiFinity UK Limited, who are based in Belfast, Northern Ireland. They are regulated by the Financial Conduct Authority of the United Kingdom under the Electronic Money Regulations.

In March 2020, they also announced that MiFinity Malta Ltd, a 100% subsidiary, has been granted a license from the Malta Financial Services Authority (MFSA) to offer payment services post Brexit.

If you are eligible to claim a bonus from an online casino, and you are allowed to make payments with MiFinity, you can also claim this bonus with a MiFinity payment. However, take a look at the bonus terms to find out limitations and restrictions.

Since the company is regulated by the FCA of the UK and the MFSA of Malta, we can assume that they adhere to the strict regulations surrounding financial transactions. The payments are carried out through secured connections, and the provider warrants not to disclose your personal data.

With this in mind, we recommend that you keep your login data secure, and make sure that you apply precautionary measures when making a payment using a public device.

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