MiFinity at Online Casinos | Guide for Deposits and Withdrawals
MiFinity 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 desktop wallet and app are available in many languages, including English, Spanish, German, Danish, Greek, Finnish, Swedish, Italian, Polish, French, Portuguese, Hungarian, Chinese, Russian and Dutch.
Users have many options available to fund the wallets, including Visa, Mastercard, Trustly, Klarna and Union Pay, and more options, depending on your country of residence.
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, DKK, NZD, PLN, ZAR, SEK and USD.
Top MiFinity Casinos in 2023
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.
|♠ payments are processed within an hour
♠ bonus terms and wagering are very good
♠ Games on Desktop: 6000 | Mobile: 5000 ♠ USD accepted: ✓ ♠ English Website: ✓
♠ Slots, Live Casino, Jackpot, Table Games
|up to €/$2,500 bonus over 4 deposits + 250 Free Spins ▼ More Details ▼
1st deposit: 100% up to €/$500 + 100 free spins
2nd deposit: 50% up to €/$500 + 50 free spins (Code WELCOME2)
3rd deposit: 25% up to €/$1000 (Code WELCOME3)
4th deposit: 25% up to €/$500 + 100 free spins (Code WELCOME4)
18+. New customers. Min deposit €/$10, 30x bonus wagering. Max bet €/$10, no max win. T&Cs apply.18+ | Please play responsibly | Operator's T&C apply.
|♠ bonuses with good wagering requirements
♠ established operator with a good reputation
♠ Games on Desktop: 2000 | Mobile: 2000 ♠ USD accepted: ✓ ♠ English Website: ✓
♠ Slots, Jackpots, Live casino, Blackjack, Roulette
|(T&Cs apply)Up to €/$300 over 2 deposits + 100 free spins ▼ More Details ▼
1st deposit: 100% up to €/$100 + 100 free spins
2nd deposit: 50% up to €/$20018+ | Please play responsibly | Operator's T&C apply.
|♠ huge selection of casino games
♠ 24/7 customer support
♠ Games on Desktop: 6000 | Mobile: 5000 ♠ USD accepted: ✓ ♠ English Website: ✓
♠ Slots, Jackpots, Table Games, Live Casino
|(T&Cs apply)Up to $700 over 3 deposits + 150 extra spins ▼ More Details ▼
1st deposit: 100% up to $225 + 150 extra spins
2nd deposit: 75% up to $225
3rd deposit: 100% up to $30018+ | Please play responsibly | Operator's T&C apply.
*Bonus T&Cs apply! Accuracy not guaranteed, terms can change any time.
Table of contents:
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 and phone number, as you'll be sent verification codes after the registration. It's also possible to register your user account on a computer.
You can choose from four different types of e-wallets: eCommerce, Forex, 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, you need to enter truthful 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, Interac, CashToCode, Bitcoin payments through BitPay, 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 that can receive payments.
Advantages and disadvantages of using MiFinity at casinos
- Quick and easy payments
- Multi-currency wallets for different purposes can be created
- Receiving money is free of charge
- Fees for payments
- Not accepted at many casinos yet
How to use MiFinity for the casino deposit
Using MiFinity to make a casino deposit is simple. Follow these steps to load money into your player account.
1. Register a player account at a MiFinity casino.
2. Select MiFinity from the cashier at the online casino.
3. Select the amount you wish to transfer.
4. Follow the steps on screen to login to your wallet and confirm the payment.
5. 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.
Once the casino operator has processed your payment to your MiFinity wallet you can expect the money to be available within minutes.
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.
MiFinity is an interesting payment option for users from many countries, including South America, China, or Europe, who wish to use a multi-currency wallet that allows you to send money to other users, or if you want to send money to China.
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.
MiFinity accounts can be registered with multiple currency wallets, and you can currently select from the following currencies: Australian Dollar, Canadian Dollar, Danish krona, Swiss Francs, Czech Koruna, Euro, British Pound, New Zealand Dollar, Polish Zloty, Swedish Kroner, South African Rand and US Dollar.
The MiFinity fees are clear. A deposit costs a 1.8% fee, regardless of the method you're using. Making a withdrawal to your bank account or card costs a €1 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.
It's free to receive money to your MiFinity wallet. 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.
MiFinity is a convenient e-wallet that is tailor-made for the gaming industry. You can create wallets for different purposes and with different currencies and use the app to make quick and easy payments.
You can use MiFinity at online casinos to make instant deposits, and you'll also be able to receive your winnings to the wallet. The fees of the e-wallet are competitive, and it's a good alternative for users who don't wish to use their card for online payments.
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 a product from the fintech company MiFinity UK Limited, a company 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.