MiFinity Betting Sites

Written by Glenn Roberts

Glenn Roberts

Glenn is a sports lover and writes about Soccer and American Football. He also covers reviews of bookmakers, betting apps and deposit or withdrawal methods that players can use at online sportsbooks.

, | Updated: October 22, 2025

Below you can find our expert reviews of reputable and regulated sports betting sites that accept deposits with MiFinity. Each betting site was thoroughly tested and verified by our team.

1. 

   MyBookieRating: 4.9 ★

2. 

   BovadaRating: 4.8 ★

3. 

   XBetRating: 4.7 ★

4. 

   EverygameRating: 4.6 ★

5. 

   BetUSRRating: 4.5 ★

6. 

   VaveRating: 4.4 ★

In the past couple of years, the cashier sections of online sportsbooks have become more abundant in terms of online banking solutions and digital wallets in particular. MiFinity is a fintech brand that punters come across increasingly often while browsing through bookies’ websites. A significant part of them have already started using the solution for making deposits to their betting accounts and for withdrawals as well.

A few words about the company. Established back in 2002, MiFinity already has 23 years of experience in the online payments sector and provides a high-quality service package. Apart from its headquarters in Belfast, MiFinity also has regional offices in Dublin and Malta. The company holds a license from the Financial Conduct Authority (FCA) in the UK and a certificate issued by UnionPay International to provide pre-paid physical cards, acquiring services, and support the MoneyExpress remittance program. Its Maltese branch is licensed and regulated by the Malta Financial Services Authority (MFSA).

Through the years, MiFinity has established specific and reputable relations with different industry sectors, including online sports betting. That is why its e-wallet is accepted as a payment method by sportsbooks in many parts of the world. While initially prominent in gambling, the company now offers four distinct e-wallet categories, namely Gaming, Forex, Travel, and eCommerce, in an attempt to further expand its target markets. MiFinity is currently available in over 70 countries, including prominent sports betting markers like the UK, Australia, New Zealand, the Netherlands, Germany, Sweden, and Finland.

Top MiFinity Sportsbooks Ranked by Trustpilot Rating

Comparison of Top MiFinity Sports Betting Sites

Top 10 Betting Sites for MiFinity

1. 20Bet

   

   Bet Now Review

   Licenses

   Curaçao Gaming Authority (OGL/2024/590/0758) Kahnawake Gaming Commission (#00882)

   Min Deposit

   • $21 - Bitcoin; • $10 - Other Methods

   Min Withdrawal

   $/€10

   Withdrawal Time

   • E-wallets - 12 hours • Cryptos - 24 hours • Credit/debit cards - 7 business days

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   Live Chat: Yes email: support@20bet.com Phone: N/A
   

   

   Chart loading...
   Launched in 2020, 20Bet positions itself as a reliable and feature-rich gambling platform operating under the regulatory gaze of the Kahnawake Gaming Commission and the Curacao Gaming Authority. Since its launch, the brand has consistently delivered premier online sports betting and casino gaming to an ever-growing number of bettors worldwide. The site is very well organized and easy to navigate, equally appropriate for new and experienced bettors.

   Some popular leagues and tournaments to bet on include the UEFA Nations League, Premier League, Euroleague, NFL, NHL, and MLB, to mention a few. As for the supported sports, the list comprises more than 30 popular and niche disciplines, successfully catering to the needs and wants of all types of bettors. The brand offers boosted odds on selected events daily, enabling punters to profit more from their successful picks.

   Additionally, the bookie offers a comparatively new feature, called Copy Bets. This unique functionality lets bettors see how other players bet and replicate their wagers. Customers can deposit anywhere between $10 and $2,500 per transaction with MiFinity.

2. bet365

   

   Bet Now Review

   Licenses

   • UKGC (#055148-R-331498-001)
   • MGA (#MGA/CRP/531/2018)
   • Government of Gibraltar (#076)
   • Alcohol and Gaming Commission of Ontario (AGCO) +10 jurisdictions (including US states)
   • Kansspelautoriteit (1690)

   Min Deposit

   $/€5-10

   Min Withdrawal

   $/€5-10

   Withdrawal Time

   Cards, E-wallets, Paysafecard: 1-4 hours; Apple Pay: instant; Wire Transfer: 1-2 banking days

   Deposit Methods

   

   Sponsorships

   UEFA Champions League

   Contact Details

   Live Chat: Yes; Email: support.eng@customerservices365.com; Phone: 00 800 1236 5365
   

   

   Chart loading...
   Bet365 is, undoubtedly, among the best remote bookmakers around the globe, catering to over 100 million punters from multiple jurisdictions and offering premier betting conditions. The brand stands out thanks to its advanced and feature-rich in-play betting section, competitive odds, and user-intuitive interface. Originally offering a sports betting platform, the brand expanded its services to cover casino games, poker, and bingo.

   Apart from the widely popular football, tennis, and basketball markets, the bookie offers betting lines on 40+ other disciplines. The variety of soccer bet types is fascinating, with some of the popular ones including outrights, totals, double chance, corners, and handicaps.

   As for payments, the sportsbook supports more than 20 currencies and a wide range of payment methods, facilitating hassle-free deposits and withdrawals. Once approved, withdrawals are processed within 4 hours for e-wallets and debit cards, and within 1 to 2 business days for wire transfers.

3. Tonybet

   

   Bet Now

   Licenses

   • The Estonian Tax and Customs Board (#HKL000393, HKT000016, HKL000098, HKT000015)
   • Kahnawake Gaming Commission
   • Dutch Gaming Authority (1729)
   • Ireland Revenue Commissioners (1017899)
   • Alcohol and Gaming Commission of Ontario (AGCO)

   Min Deposit

   $/€10

   Min Withdrawal

   $/€10

   Withdrawal Time

   • E-wallets - within 12 hours • Credit/Debit Cards - up to 7 business days • Cryptocurrencies - less than 24 hours

   Deposit Methods

   

   Sponsorships

   Canadian Premier League (CPL) Irish Champions Festival in Leopardstown (2024) Tony Cascarino (brand ambassador)

   Contact Details

   Live Chat: Yes email: info@tonybet.com Contact Us Form Phone: N/A
   

   

   Chart loading...
   Our next suggestion for a premier sports betting brand supporting transactions via MiFinity’s e-wallet is Tonybet. The brand opened its virtual doors to punters back in 2009. Tonybet is home to over 35 popular and niche sports. Football, basketball, and tennis offer the greatest number of markets to wager on. However, the bookie offers lines on darts, badminton, water polo, chess, and cycling.

   Punters can place minimum wagers of just $/€0.10 and benefit from affordable deposit and withdrawal limits starting from $/€10. Withdrawals to e-wallets like MiFinity are processed securely within approximately 12 hours.

   The bookie has obtained licenses from the Estonian Tax and Customs Board, the Ireland Revenue Commissioners, the Danish Gambling Authority and the Alcohol and Gaming Commission of Ontario, among others. Besides its welcome offer for new customers, the brand caters to returning players with weekly reload bonuses and regular odds boosts. Punters can also earn additional bonus credits by taking part in sportsbook quizzes where rewards depend on the number of correct answers.

4. Bethard

   

   Bet Now Review

   Licenses

   • Malta Gaming Authority (#MGA/B2C/908/2021) • Irish Revenue Commissioners (1018155) • Swedish Gambling Authority (SGA)

   Min Deposit

   • MiFinity - €20; Other methods - €10

   Min Withdrawal

   €10

   Withdrawal Time

   • Credit/debit cards - 2 to 4 days; • E-wallets - Instant; • Trustly - Instant; • Local bank transfers - Up to 1 day

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   Live Chat: Yes Email: support@bethard.com Phone: N/A
   

   

   Chart loading...
   Established in 2012, Bethard offers sports betting and casino gaming in a single user-friendly platform. Owned by Prozone Limited, the bookie operates under licenses issued by the Malta Gaming Authority, the Ireland Revenue Commissioners, and the Swedish Gambling Authority. The website supports several languages, including English, Finnish, and Norwegian.

   Football fans will be thrilled by the variety of leagues they can wager on, with some of the options including the Premier League, Italy’s Serie A, Spain’s La Liga, Germany’s Bundesliga, and the Swedish Allsvenskan. Some of the popular betting markets to choose from are Match Winner, Match Goals, Halftime Result, Both Teams to Score, and Double Chance, among others. Handball fans will find competitive odds on the Champions League, and basketball fans can try their luck on the NBA or the Euroleague.

   The bookie’s cashier offers sufficient payment processors, with some of the most popular ones being VISA, Mastercard, Trustly, MuchBetter, Interac, and MiFinity. Their availability varies, based on punters’ country of residence. E-wallet transactions take no more than 24 hours, whereas card withdrawals are processed between 2 and 4 business days. The limits on MiFinity deposits typically range from €20 to €2,500 per transaction but most other methods allow for minimum deposits from €10.

5. Megapari

   

   Bet Now

   Licenses

   Government of the Autonomous Island of Anjouan, Comoros (ALSI-112310012-F15) Parent company: Vdsoft & Script Development

   Min Deposit

   • Jeton - $/€1; • Apple Pay, iDeal, MiFinity - $/€10; • Bitcoin - ~$41

   Min Withdrawal

   • Cards - $/€10; • SEPA - $/€30; • Jeton - $/€2; • Bitcoin - €76

   Withdrawal Time

   15 minutes

   Deposit Methods

   

   Sponsorships

   Brand ambassadors: Eoin Morgan, Darren Maddy, Phil Mustard, Chris Schofield, Dimitri Mascherenas, Brian Lara, Tino Best, Ravi Rampaul, Ashley Nurse, Dwayne Smith

   Contact Details

   Live Chat: YesTelephone: +44 113 340 6785 +357 8009 2576Email: support@megapari.com agentsmegapari@megapari.com
   

   

   Chart loading...
   Megapari went online in 2019, supplying sports betting enthusiasts with over 50 sports, great odds, fantastic bonuses, and an exclusive VIP program. The brand is owned and operated by Vdsoft & Script Development, with a license issued by the Government of the Autonomous Island of Anjouan in the Union of Comoros.

   The website is available in over 60 languages, testifying to the bookie’s dedication to convenience and user-friendliness. Odds can be displayed in a total of six formats. From the menu to the left, bettors can see all sports events currently available for betting, with an option to group them by country.

   Minimum deposit limits start from just $1 but can vary, based on the selected payment method. MiFinity, for instance, requires deposits of at least $10. Once approved, withdrawals take 15 minutes to reach customers’ accounts. Besides MiFinity, bettors can opt for other e-wallet options such as AstroPay, Jeton, Skrill, and Neteller. Bank cards and cryptocurrencies are also among the supported payment processors.

6. LVbet

   

   Bet Now

   Licenses

   MGA (#MGA/B2C/282/2015) Ministry of Finance of the Republic of Poland (#PS4.6831.9.2016.EQK) Latvian Lotteries and Gambling Supervisory Inspection (#TI-14)

   Min Deposit

   $/€10

   Min Withdrawal

   $/€20

   Withdrawal Time

   • Debit cards - up to 3 business days• E-wallets - up to 24 hours• Bank transfers - 3-5 business days

   Deposit Methods

   

   Sponsorships

   Hamrun Handball Club, WKS Śląsk Wrocław, Piast Gliwice FC

   Contact Details

   Live Chat: Yes Email: support@lvbet.com; support@lvbet.lv Phone: N/A
   

   

   Chart loading...
   LVbet started accepting online wagers in 2016, with licenses from the Malta Gaming Authority (MGA), the Ministry of Finance of the Republic of Poland, and the Latvian Lotteries and Gambling Supervisory Inspection. The bookie stands out with an intuitive layout. The menus to the left contain some of the top betting markets, as well as some recommended bets, varying based on the current sports events to wager on.

   The sportsbook offers more than 15 sports, with the number of events indicated right next to each of them. Virtual sports and eSports markets are also on offer. Punters can go for the Bet Builder feature on selected events, enabling them to pick several pre-game markets. Currently, LVbet offers the feature on 9 sports, including tennis, basketball, cricket, football, American football, and ice hockey.

   Minimum deposit limits at LVbet start from $10, whereas withdrawals’ minimum is $20. Debit card withdrawals are processed within 3 business days. Bank transfers take from 3 to 5 business days. E-wallet cashouts, including ones conducted via MiFinity, are the fastest, taking up to 24 hours.

7. Campeonbet

   

   Licenses

   The Government of the Autonomous Island of Anjouan, Union of Comoros (License ALSI-202502014-FI1)

   Min Deposit

   €25

   Min Withdrawal

   €100

   Withdrawal Time

   Up to 2 hours for most suppported methods

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   Live Chat: Yes; Email: support@campeonbet.io; Phone: N/A
   

   

   Chart loading...
   Owned by Green Champions Leader, Campeonbet is another great online sportsbook, operating under a license issued by the Government of the Autonomous Island of Anjouan in the Union of Comoros.. The bookie went online in 2018, offering competitive odds on football, tennis, virtual sports, and 30 more other disciplines.

   Fans of in-play betting will be glad to learn the bookie offers a live streaming service. The Cash Out feature is supported as well to enable punters to receive their payouts before the sports event finishes, allowing them to either lock in guaranteed profits or cut potential losses. Odds can be displayed in decimal, fractional, and American format.

   Bettors interested in transacting via MiFinity will find out that deposit limits vary between €25 and €2,000. MiFinity withdrawals are supported as well, with limits between €100 and €1,000. Some of the other payment processors are CASHlib, Skrill, Paysafecard, Jeton, and Neteller. Crypto funding options are available as well, including Bitcoin, Ethereum, Litecoin, Tether, USD Coin, and Bitcoin Cash, among others. In case of issues and queries, the customer support agents can be reached via live chat and email.

8. N1 Bet

   

   Licenses

   The Curacao Gambling Commission (OGL/2024/161/0191)

   Min Deposit

   20 €/$

   Min Withdrawal

   €/$20

   Withdrawal Time

   Bank transfers - within 3 working days; Other methods - within 24 hours

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   Live Chat: Yes Email: support@n1bet.com Phone: N/A
   

   

   Chart loading...
   N1 Bet is among the gambling brands under the umbrella of Stable Tech N.V., a company operating with a license from the Curacao Gaming Authority. As the betting site accepts players from multiple countries, the odds can be displayed in 6 formats, with the most popular ones being decimal, fractional, and American.

   Some of the top leagues to bet on are UFC, La Liga, Serie A, MLB, and Bundesliga. The in-play betting section enables punters to choose between regular sports and eSports and pick live events with streaming. The bookie’s statistics center holds valuable information for the leagues across various countries and regions.

   N1 Bet is a crypto-friendly betting site, with options for deposits and withdrawals via several cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Tether, and Dogecoin. Besides crypto, bettors can manage their betting balance via e-wallets such as MiFinity, Skrill, Payz, and Neteller.

9. Betsafe

   

   Review

   Licenses

   • MGA (MGA/CRP/108/2004, MGA/B2C/959/2022)
   • Swedish Gambling Authority (SGA)
   • Alcohol and Gaming Commission of Ontario (AGCO)

   Min Deposit

   $/€10

   Min Withdrawal

   $/€10

   Withdrawal Time

   * Bank cards - up to 5 business days; E-wallets - up to 24 hours; Bank Transfer - up to 5 business days

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   Live Chat: Yes; Email: support-en@betsafe.com; Phone: +44 808 238 0028
   

   

   Chart loading...
   Betsafe, another leading brand in the gambling industry, has been offering sports betting since 2006. The bookie has a lot to offer to keen sports fans, including in-play bets, horse racing, and virtual sports. Some of the popular disciplines available for pre-game and in-play betting include football, basketball, tennis, ice hockey, and eSports.

   Punters will find competitive odds for a variety of popular competitions, including the UEFA Nations League, the NHL, and Europa League. The regular promotions add to the excitement of placing bets with this bookie. Price boosts are also on offer. Betsafe’s Bet Builder enables punters to combine selections from a single match and profit from boosted odds.

   The sportsbook supports a variety of deposit and withdrawal methods to ensure fast and safe transactions for its customers. Trustly, Mastercard, VISA, Skrill, Paysafecard, Interac, and MiFinity are some of the processors at the disposal of bettors. In case of any issues or queries, they can quickly get in touch with the 24/7 support staff with an average chat response time of 30 seconds.

10. Rabona

    

    Licenses

    •Ireland Revenue Commissioners (1020581) •Anjouan Gaming Board (ALSI-202411077-FI2) •Operated by Naale Limited in Ireland and Stellar Limited in Anjouan

    Min Deposit

    •€30 for BTC; •€10 for other methods

    Min Withdrawal

    •Fiat methods - €10; •USDC, USDT, XRP, ADA - €30; •ETH - €40; •BTC: - €60; •BCH - €10

    Withdrawal Time

    •Bank cards - 2-5 days; •E-wallets, Crypto - instant

    Deposit Methods

    

    Sponsorships

    SSC Napoli

    Contact Details

    Live Chat: Yes Email: support@rabona.com
    

    

    Chart loading...
    Launched in 2019, Rabona is an innovative gambling platform offering a sportsbook, live betting, virtual sports, and various casino games. Bettors will enjoy thousands of pre-match and live sporting events with sharp odds.

    The bookmaker offers a broad selection of payment methods and currencies for easy and convenient transactions. While bank card transactions might take between 2 to 5 days to reach customers’ accounts, payments processed via e-wallets and cryptocurrencies are lightning fast. MiFinity deposits incur no additional fees and deposit limits start from €10 to €2,500 per transaction, same as withdrawals.

    New and returning customers are treated to an array of promotional offers, tournaments, and a VIP program. Comprising five levels, the program offers plenty of advantages such as special promotions, an increasing cashback percentage as bettors advance in the hierarchy, increasing monthly withdrawal limits, and a personal account manager, among others.

How Does MiFinity Function?

This payment service provider is liked for the speedy transactions, user-friendly procedures, and secure handling of funds it provides. The three main services offered by the company are MiFinity eWallet, Send Money, and UnionPay International. The latter represents a safe method for consumers outside China to send money to UnionPay-issued cards in the country. The service utilizes UnionPay MoneyExpress network and enables 24/7 transfers no matter if you are using a laptop, a tablet, or another mobile device.

MiFinity in no way rests on its laurels but constantly works to improve the services it provides. The fintech brand introduced virtual IBANs in 2022 and the feature is free for customers from the UK and the European Economic Area (EEA). Users can now request and link a free IBAN to their MiFinity e-wallet and thus top up their accounts. The other deposit options MiFinity supports are Visa, Mastercard, MiFinity eVoucher, CashtoCode, Interac, Sofort, Trustly, UnionPay, bank transfers, etc. As you see, the company has taken care to ensure methods that are suitable for different types of users.

The e-wallet is currently available in 21 languages and accepts transactions in 18 currencies, including AUD, CAD, CHF, CZK, DKK, EUR, GBP, JPY, NOK, NZD, PLN, RUB, SEK, USD, and ZAR. What is more, in August 2021, MiFinity announced it has added Bitcoin, Bitcoin Cash, Ethereum, Ripple, and Litecoin to the list of funding and withdrawal options within its platform. The payment service provider has since further expanded its range of supported cryptocurrencies with Dai, Steller, Tether, and USD Coin. The service enables customers to convert the mentioned cryptocurrencies into fiat currencies. After that, the equivalent amount is credited to the e-wallet and can then be used for real-time online purchases or deposits to betting accounts.

Opening an MiFinity Account

If you decide to use MiFinity as a payment method for executing deposits and withdrawals in connection with your sports betting experience, you will find out that it is quite easy to control your transactions. To be able to use any of the services provided by the e-payment provider, users must first open an account. As per the company’s T&C, they are allowed to open up to nine digital wallets within one account. The registration procedure is a piece of cake and will last just a couple of minutes.

Enter the email address and password you want to use, confirm your choice and you already have an account. Then it is time to set up your wallet such that it serves your needs in the best possible way. Carefully select your preferred currency to avoid unpleasant conversion fees in the future. Of course, you also have to fill in some personal details like your name, country of residence, address, etc. If you are making the registration with the main goal to use MiFinity for depositing to your sports betting account and cashing out your winnings, you can indicate that you need a Gaming type of e-wallet. Thus, the service provider can personalize its additional offers to you.

Before you verify your account, you must choose some secret questions and answers thus adding another security layer to the protection of your data. After you are ready with your account’s settings and the verification has been successful, it is finally time to place some money in it. Favorably, the variety of deposit methods is so abundant that you will surely find a solution that is suitable for you. MiFinity has a dynamic scheme regarding the amounts you can load your balance with. Limits are related to the customer’s current verification status and the chosen payment method.

Depositing to Your Sportsbook Balance

If you compare the deposit methods available in the cashier section of your betting account, you will most likely find out that MiFinity offers a faster and more advantageous way to process your funds. It allows punters to instantly top up their balances and enjoy their favorite pastime without the risk of revealing any important financial information.

Needless to say, before being able to add money to their sportsbook accounts via MiFinity, bettors must have preliminarily registered with the service and funded the e-wallet. Since they have done that, punters have to log in and find the deposit section. It is within the account’s cashier of course, but most online bookies also have a separate deposit button that is usually visible in the upper right corner of the screen.

After you select MiFinity for the payment method to execute a deposit with, you will be prompted to specify the relevant amount you wish to add and a bonus code if you have such. The next step is to sign in to your e-wallet account. If you still have not registered one, you can press the Create Account button and follow the instructions. Another option the interface of some online bookies provides is to enter your bank card details and MiFinity to act as an intermediary between the online sportsbook and your card.

When you have logged in to your MiFinity account in order to execute a sportsbook deposit, you can choose between the available balance in the e-wallet, the credit or debit card that you have saved, or an alternative service registered within MiFinity. Once you select the particular deposit method and authorize the transaction, the specified amount will instantly appear in your betting balance.

Withdrawing from Your Sportsbook Balance

The usual practice of online bookmakers is to oblige its registered users to initiate withdrawals via the same method deposits have been made. Fortunately, MiFinity in no way hinders this and enables a relatively fast and simple cashout process. Trustworthy betting platforms normally process withdrawal requests between 24 and 48 hours, as the exact time frame depends on the individual sportsbook policy. After the amount appears in your wallet, you can withdraw the money from your balance to a card or via a bank transfer.

So, what do you have to do to cash out your winnings? Steps are almost the same as the ones you perform when making a deposit. First, log in to your betting account, go to the cashier section, and select withdrawals. When you find and press the MiFinity button in the e-wallet category, a new window will open inviting you to enter the amount you wish to cash out and the number of your digital wallet account or the email you have registered with.

After you complete your part of the withdrawal process, it is time for the bookie to handle the request. Keep in mind that due to some security and verification reasons, online bookmakers usually apply a cash-out policy that makes it impossible to instantly access your winnings. With the proviso that every betting platform has its own rules, we can say that in the general case MiFinity withdrawals take up to 2 business days.

Cost and Fees

An important aspect of each online payment method are the fees related to its usage. Our team checked several sportsbooks and none of them imposed any fees for MiFinity transactions. This and the fact that the e-wallet service provider does not charge you for setting up an account, rank MiFinity among the most cost-efficient payment solutions in the gambling field.

However, you should not think that the digital wallet is completely free to use since the company has some in-house fees which users must comply with. All these are understandably presented in a special section of MiFinity’s website and can be accessed without the need to log in to your account. According to the company’s fee table, the only free-of-charge deposit method is the SEPA bank transfer.

As for the other options, fees vary from 0.8% to 11% with the lowest being for Pay by Bank and PayPost. Cryptocurrency transactions incur a 1.8% fee. Deposits with iDeal incur a low fixed fee of €0.50. If you wish to use another banking solution, you better check MiFinity’s site because the relevant charges are diverse and sometimes region-specific. For example, transactions from Lithuanian and Latvian banks attract a 7% fee plus fixed charges of €0.35. If you top up your e-wallet account via Paysafecard and Line Pay, you will incur the highest fees of 10.5% and 11%, respectively.

Regardless of the method you choose for performing a funds withdrawal, the service comes with a fee that is presented either as a percentage of the transfer amount or as a fixed sum. Users who decide to cash out some money to their cryptocurrency wallets are charged a 1.8% fee. Visa and Mastercard withdrawals come with fees of between €1 and €2 depending on whether the transfer is within or outside the EEA.

If you happen to be in a situation to perform a transaction that requires a currency conversion, you must be ready to pay an additional fee of at least 2.99%. The amount can go even higher if you are using less common and exotic currencies. That is why it is very important to make the correct settings when initially registering your e-wallet account. Sending or receiving money to and from friends and family is associated with a 1% fee capped at a maximum of €10.

Except for the discussed deposit and withdrawal fees, MiFinity does not impose any service charges for maintaining its users’ accounts. Keep in mind, however, that if you do not log in to your account at least once every 12 months, an inactivity fee of €1 per month will be taken out of your balance.

Security and Privacy

One of the reasons for MiFinity to enjoy a persistent and ever-growing user mass is that the company applies strict security measures to protect all transactions and the sensitive information its customers provide. It is noteworthy that the payment service provider complies with PCI DSS Service Level 1 regulations which means that its operation is regularly inspected and all products and services are fair and legitimate.

MiFinity applies all top-level security standards like SSL (Secure Socket Layer) data encryption and also defends its IT systems via state-of-the-art firewalls. The service provider has also implemented Strong Customer Authentication (SCA) in accordance with the Payment Services Directive (PSD2). The SCA requirement was introduced in 2019 with the aim to ensure that electronic payments are executed only in case multi-factor authentication has been introduced. SCA must be used whenever a payer:

• accesses his online payment account;
• commences an electronic payment transaction;
• performs any action through a remote channel that may trigger a risk of financial fraud.

Furthermore, the e-wallet service provider utilizes several organizational measures to guarantee the safety of your personal information. Each account can be accessed only after entering a unique username and password and in some instances, users need to provide answers to secret questions.

You can read about the above security and privacy protection measures in the special comprehensive sections of MiFinity’s website. If you have any questions or complaints, you can reach customer support via the following channels:

• Regular mail: MiFinity Malta Limited, LS3 – Digital Hub Malta Life Science Park, San Gwann, SGN3000, Malta.
• Phone: + 44 28 9587 0100
• Email: complaints@mifinity.com; clientservices@mifinity.com

Advantages of MiFinity

If you have gone through all the information we presented above, we are sure that there is no need to further convince you that you should try MiFinity if you are looking for a fast and reliable payment solution for your sports betting activity. Still, you can cast an eye on the advantages compilation we have prepared for you.

1. The e-wallet is available to consumers from multiple jurisdictions. Currently, the payment service provider legally operates in over 70 countries and territories, a fact that makes it one of the most widespread digital wallets, closely following in Neteller, Skrill, and PayPal’s footsteps.
2. MiFinity has implemented a variety of top-notch security features. Punters should have no concerns regarding their safety while using this payment solution as it has a strict policy regarding the protection of financial and other personal information. Features include but are not limited to SSL encryption, firewalls, two-factor authentication, Touch ID, and Face ID.
3. Users have a large selection of deposit methods at their disposal. From regular bank transfers and debit/credit cards to cryptocurrencies, online banking methods, and locally popular payment solutions, you can find them all in your MiFinity account. Just log in and pick the service that best fits your preferences.
4. On-the-go punters can download Android or iOS dedicated mobile applications. Mobile betting has become increasingly popular in the last few years and MiFinity has taken this tendency into account. The mobile app can be easily downloaded from the App Store or Google Play, as long as your device meets the relevant technical requirements. If you are using an iPhone, iPad, or iPod Touch, it has to be of version 12.0 or later. The requirement for the operational system of Android devices is a 8.0 or up version.
5. The online payment platform accepts many currencies. MiFinity has quite significant fees if currency conversion needs to be performed, but since customers can choose between 18 fiat and 9 cryptocurrencies when setting up their accounts, this is not a big issue at all.

Disadvantages of MiFinity

As regards the drawbacks of using MiFinity’s digital wallet, there are very few things to consider. Although they are not that crucial, it is always advantageous to have the entire info in mind and thus make an informed choice.

It is great that punters do not have to pay any fees for depositing and withdrawing funds from their sportsbook accounts, but almost 100% of the non-gambling transactions are charged. Fees differ among the different payment solutions and can go as high as 11% which is a significant percentage. So, carefully read the fee information published on the MiFinity official website and assess if rules are acceptable for you.

Even though MiFinity is approved in multiple countries and it seems to possess all the features of the perfect method for performing transactions related to online sports betting, it is not yet supported by as many betting platforms as its prominent rivals Neteller and Skrill. Depending on which country you are currently located in, sometimes it may be quite difficult to find a bookmaker that has included this digital wallet in the selection of payment solutions it accepts.

Even after complete verification of your MiFinity account, the transaction limits imposed by the service provider are relatively low and are not suitable for sharp bettors who want to wager big amounts the moment they feel the desire to.

Conclusion

MiFinity has been on the market for a fairly long time but its popularity across the sports betting community started to grow only recently. Instant deposits, player-to-player transfers, various methods to fund your e-wallet and a regularly updated mobile application make MiFinity a noteworthy payment service in the field of online betting. We refrain from declaring this digital wallet to be the top gambling-related payment service only because it is not universally accepted by online bookmakers.

The fintech brand provides various services that enable secure, speedy, and hassle-free online transactions. It is a good move by MiFinity that it allows customers to set up different types of accounts and the Gaming eWallet of the company is remarkably popular among online punters from different parts of the world. What is more, you can have up to nine e-wallets within one account, with the option to make different settings according to your needs.