MiFinity is a company with a long story. It was launched in 2020, but the company behind this service has been on the market for over 18 years. Currently, 170 countries have access to this platform. No matter what you use, a computer browser or smartphone app. A big plus of this platform is that it supports more than 17 foreign languages. You can be assured that MiFinity is a safe service because it is certified by Union Pay International and authorized by the Financial Conduct Authority in the UK.
MiFinity is an e-wallet that makes fast and simple online payment operations possible. That’s why a lot of gamers like this method and use it for depositing and withdrawing. Also, it offers vouchers and effective payment solutions. MiFinity has a goal to be a top player in the online payment segment. In this article, you will find out all the details on how to use this payment method, the pros and cons of MiFinity, and information on the best MiFinity casinos in Australia.
MiFinity Casinos in Australia 2022
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How to use MiFinity at Online Casinos?
MiFinity works just like every other e-wallet you’ve used before. You make a deposit to your MiFinity account and then may use it for depositing and withdrawing at the casino of your choosing. This is a pretty simple platform in terms of sending and receiving funds. You won’t have to verify your account to start using it too. You can start off anonymous and only verify after some time. The system will give you a limit of 3,150 AUD to withdraw before you’re prompted to verify your account.
MiFinity doesn’t have complicated sign-up steps. This is the reason why so many players prefer this payment system. Nobody wants to read endless instructions and wait hours for verification. Online casinos appreciate this and it makes MiFinity available in many gambling spots.
MiFinity is a pretty affordable service for online casino gamblers. Deposits are handled instantly. You’ll see the sum in your casino account in a minute or so if the casino takes time to refresh, and you may use it whenever you want. Minimum deposit with MiFinity starts from $10 at the majority of gambling websites. This sum is mostly the same for all payment methods available for the players. The depositing limits may vary. We highly recommend you to check this information with the casino you’re choosing. Each casino has depositing requirements. It’s better to browse different online casinos here on CasinoHEX, read their rules and information about depositing minimum, and choose the one with the appropriate deposit limits.
We have good news for you, MiFinity has low fees in comparison to other e-wallet services. First of all, opening an account, deposits, and withdrawals at the majority of casinos where it’s available is free. Fees can be charged only if you top up the MiFinity balance or withdraw from it. And even in this case, the charges are quite low, so even the beginner may easily pay for it.
The most low-cost way to move your money to your e-wallet is to use Mastercard and Visa cards. The fees will equal 1.8%. The same scheme is applied to UnionPay, Klarna, and Bitcoin. The lowest transfer charge has iDeal. It will cost around $0.50. This is the cheapest way to top up your MiFinity account.
Mind that the price will be higher for cards that are not included in EEA. It may cost 2.5%. Deposits with Argencard will have a 7.7% fee, and with Aura – 8.7%. On the official MiFinity website, you may read the information about the fees applied to all available deposit methods. It may be really helpful for you during making this payment operation.
Are MiFinity transactions safe
In 2017 MiFinity started to work together with 4Stop for preventing any frauds. This company offers the most contemporary security and protective technology made especially for MiFinity. Players who use this payment system shouldn’t share their personal details with casinos where they play. It highly reduces the possibility to hack your private data and leak of general data.
In 2019, MiFinity showed the 2 Factor Authentication (2FA). All users who have cards presented by EEA, Iceland, Liechtenstein, or Norway should enter an additional SMS all the time when they log into their personal MiFinity account or want to make a money transaction. If 2FA isn’t used, MiFinity users will have limited access to accounts and, also, will be able to see transaction history only for the last 90 days.
As you can see, MiFinity did everything possible to offer a secure and safe payment service. Additional checks decrease any hack attacks and completely protect the data. It can be a huge plus for all players who care about the safety of personal information.
What countries accept MiFinity for gambling transactions?
MiFinity is available in the majority of countries, except 19 states. The players from several parts of North Africa like Sudan, the Syrian Arab Republic, and Yemen, dictatorships like North Korea, Zimbabwe, and Belarus can’t use the services of MiFinity. It’s also banned in the US for gambling transactions as the local authorities are very strict on enforcing online gambling ban.
If your country is not a part of this list, you can use your account whenever you want. It is available for Android or iOS apps and the newest versions of Safari, Google Chrome, and Mozilla Firefox. Note that if you don’t use your account for more than 12 months, it will be deactivated. Plus, you must pay an administration fee that costs $1 per month. That’s why it’s better not to forget about MiFinity and use it for your gambling operations.
In what countries MiFinity isn’t available?
MiFinity wants to be available in all countries. It doesn’t have black-listed countries. There are different reasons why users from some countries can’t use MiFinity. Some of them just don’t have online casinos, others are on the way to cooperate with this payment service. Now it’s available in 170 countries. If you live in one of the 19 countries where most online forms of payments are banned or not operating like Sudan or Yemen, you probably can’t use this payment option and are restricted to using crypto. You can always visit the official MiFinity website and check this information.
For all Australian players, there’s no need to worry, MiFinity works in our country and allows gamblers to create an account in AUD.
Pros of using MiFinity in Australian casinos
It’s not news that each payment service has its own pros and cons. Of course, MiFinity is not the exception. And we want to show you all sides of this platform. It will be a fair description of pluses and minuses that has this payment method. Let’s take a look at the pros first.
Quick, safe and easy
Gamblers like fast and safe payment services. MiFinity knows about it and offers instant deposit operations. You have to just log in and transfer funds to your account. The good news that you shouldn’t include your personal information. It means that your data won’t be used by hackers. The interface of this platform is so easy. Even your grandparents may easily use it without long instructions.
Nowadays, our life is on the smartphones. MiFinity, being a rather new service, is pretty comfy for mobile users. You can download the company’s app and use it for paying online and receiving funds. We find it quite useful for all users as it reduces the possibility of hijacking your account.
Easy control of funds
It’s always important to have a simple payment system for a person who wants to be focused on gambling not on learning the ropes of the payment method they’re using. MiFinity is that type of ideal platform where you can top up your account and make a deposit immediately. No need to pass endless verifications and checks.
Available in over 170 countries
Online casinos want to attract as many as possible users. Payment methods are also important for choosing a gambling spot. MiFinity is available in 170 countries and Australia is on the list. This means you can potentially get access to casinos from all around the world.
Customer support in real-time
Do you have questions? Something doesn’t work? Just write to customer support chat. There, you will get professional and quick help. And it will be the nicest conversation that you ever had.
Another plus side that is immensely helpful to the Aussie players is that MiFinity allows you to create a wallet in Australian Dollars. This is great because you won’t have to pay the exchange fees twice.
Cons of using MiFinity in Aussie casinos
As we mentioned previously, you shouldn’t pay for depositing and withdrawing from the casino. Fees are applied if you want to top up the balance or withdraw from it. But the prices are pretty affordable, so it’s not so bad. You’ll also pay a small service fee each month.
Still not accepted by every online casino
It may be a problem for those players who found an ideal online casino but can’t use MiFinity there. Only you decide what is more important for you and what should you pick.
Requires registration & verification
Not all players want to spend their time on log-in steps. But first of all, it’s easy. Secondly, it’s absolutely free. No need to worry. You’ll be asked to verify your identity after withdrawing around A$3,150, too. So you can’t use MiFinity if you wish to remain as anonymous as possible.
Best 3 Australian Casinos To Use MiFinity
There are loads of online casinos where you can use MiFinity, but how to choose that right in Australia? We are ready to show you the three the best spots where this payment method is available. All have good reputations and many fans all around the world. Let’s find out more about them.
BitStarz is a real star in the gaming world. It proved that this is a worthy place for gamblers all around the world. It was launched in 2014 and has gained an army of fans and valuable awards from the gambling industry. It has a huge collection of games. Currently, you may play more than 1000 pokies and table games. Also, if you like real talk during the game, you can try casino games. What makes this casino more special? Mind-blowing promotion possibilities. For instance, if you dream of a new Tesla, you may win it at BitStarz.
Also, it accepts payments in Bitcoin and other cryptocurrencies. Even if you are more into ordinary currencies, this place will be a very good place for having fun.
In 2018 the founders of Fastpay faced problems with a couple of casinos. They had bad service, unfair operations, and shaving. The founders decided to create their own casino with excellent service. It happened in July 2018, when Fastpay became available for online players.
Now it’s available globally, has the Curacao license that allows working in the majority of countries all around the world. Now users may use English, German, Spanish, Polish and Turkish versions of the website. Also, it has easy-to-use navigation and a pretty design.
Talking about the game aspect it is also massive. The casino has 3407+ games made by the best providers in the world. You may change the world all the time a couple of times per day. We think it’s every gambler’s dream.
King Billy Casino
If you are into a royal theme, King Billy casino is ready to open the door of your own casino. There, you will meet King Billy, a 3D character who will be guiding you on the site. He will show you the promotion room, the Tournaments page, and the page devoted to him. We think this provides good support for all newcomers who want to find out everything very quickly.
In King Billy Casino, you will be able to play more than 1500 various games. It has an enormous amount of titles and promotions and, plus, the gaming library is always updating. So, old content is not about King Billy Casino. The best providers of the industry worked on slots, table games, and live games. All are spiced with different bonus offers for making your game more exciting and profitable.
Alternatives To MiFinity For Funding Online Casino Accounts
MiFinity seems a pretty good payment method and a lot of people prefer it to other systems. But what should you do if it’s not available in your country or you can’t accept the cons of MiFinity? You just have to look for alternative payment methods below and find out more details about them.
The best online casinos all around the world choose PayPal as one of the best payment methods for gamblers. Australia and New Zealand are not exceptions. The service has average fees and instant money operations. Also, it can be used either on a smartphone or computer. Be ready that it may not be accepted in some online casinos. Usually, the reason for it is the chosen game operator that may seem suspicious for the system. That’s why PayPal reserves the right to cancel the transaction to prevent fraud. To get more information, you can always read a section devoted to payment methods.
Bank wire is still going strong. A lot of users prefer it for its safety and security. But in comparison to other methods, it can be quite expensive and time-consuming. The cost for use of this service is the highest, also, don’t forget about additional service fees. Another aspect that you should take into account is that it’s a long-lasting process. For instance, depositing and withdrawing operations may take a couple of days for completing. You should understand that this approach won’t change quickly, because it’s first of all about safety and, secondly, gambling is not the main focus of banks.
Credit and debit cards are the most common payment methods among gamers. Almost everyone has them. You probably won’t have to go through a registration process like you would have to in case you’re using an e-wallet. An overwhelming majority of Aussies have access to banking and debit cards and know how to use them. However, they too suffer from the same problem that PayPal, as some banks may cancel transactions if they deem them suspicious.
The main focus of this system is high-speed and easy money operations without having to go online to top up. The first step to start using this payment method is to buy a Neosurf voucher. It is sold at the stores with purple-white logos. The next step is scratching off the protective layer and typing the 16-digit code into the corresponding field in your casino payment page. The mission is complete! With Neosurf, you shouldn’t pass any log-ins or authentications, give your personal information, or wait for verification of your account. All you have to do is to pay fees for the voucher and the service of a shop assistant. They vary, so you may find the most profitable for you. But remember that it’s available only for depositing, not withdrawing.
Nowadays, e-wallets are also gaining popularity with gamblers. Neteller is one of them. It may be used for making deposits and withdrawals. The service doesn’t force not to provide private data and financial information at first, you can use the anonymous account for some time. Also, there is no need to include the details about your credit cards. Once you verify your account, you get increased withdrawal limits and unlock some features.
MiFinity Casinos FAQ
How safe are MiFinity casinos?
- MiFinity is a completely safe payment method. It cooperates with 4Stop, a security technology specifically created for this platform. You are not obliged to include your personal data and information about your credit story. Also, MiFinity has 2FA. Everyone who has EEA cards should type an SMS for logging into the account or making a deposit.
Can I withdraw instantly from MiFinity casinos?
- No, usually this operation takes 24 hours. To make a withdrawal operation, you have to win some money. Then, pick MiFinity as the payment method. Type in the sum of money you want to withdraw and provide your account details. Some casinos also ask that gamblers include a national ID card or passport for verification. Then, confirm the operation and wait. Within 24 hours, you will get your winnings.
How do I deposit at MiFinity casinos?
- It’s a pretty easy operation if you use MiFinity. Get a MiFinity account, top it up using either a credit card, a bank transfer, or BTC, and go on to top up the casino account. You don’t have to confirm your identity at MiFinity to start using it, you’ll only have to do so when you’ve withdrawn more than A$3,150.
How do I find MiFinity casinos in Australia?
- It may be difficult in the beginning. All newcomers face it all the time. But we may help you to prevent these problems of choice. Especially for such players, the CasinoHEX website was created. Here, you can find detailed reviews on casinos all around the world. The professionals of the industry are checking all casinos in the world and then writing fair reviews. Refer to our whenever you’re in doubt about a casino and get unique bonuses from some casinos on the list.
Can I get bonuses at MiFinity casinos?
- Of course! MiFinity casinos want to make your gaming experience unforgettable and entertaining. Bonus offers help with it. Everybody likes to get the additional boost on the way to the money award. The bonus offers vary depending on the online casino that you choose. Some of them are more generous, others prefer to focus more on the winning prizes. Anyway, you will always get something special in the beginning.
What are the pros of MiFinity Aussie casinos?
- MiFinity has lots of benefits. This service is safe and quick. It has different systems of protection and you don’t have to include your personal information for making payment operations. The withdrawing operations are instant. You can easily track your finds. People from 170 countries already use this service and adore it. But most importantly, this service allows you to create AUD wallets so you may gamble at international casinos without losing money on exchange fees.