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MiFinity Betting Sites

Written by 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 21, 2024

MiFinity Logo 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 a 20-year extensive 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 FCA license and a certificate issued by Union Pay International to provide pre-paid physical cards, acquiring services, and support the MoneyExpress remittance program.

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. The countries where MiFinity is among the most popular choices of online bettors comprise but are not limited to 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

SportsbookSports on OfferMin DepositMin WithdrawalMin BetBonusesBonus Wagering RequirementsIn-Play BettingLicenses
20BetFootball, Tennis, Basketball, Table Tennis, Ice Hockey, and 30+ other sports$/€10$/€10$/€0.10

• 100% Welcome Bonus up to $/€100
• Saturday Reload Bonus
• Forecast Free Bets

• 5x bonus amount on accumulator bets (Welcome Bonus)
• Full free bet wagered (Saturday Reload Bonus)
• Full free bet wagered (Forecast free bets)

Yes

Curaçao (#8048/JAZ2017-067)
Kahnawake Gaming Commission (#00882)

bet365Football, Tennis, Speedway, Table Tennis, and 40+ other sports$/€10$/€10$/€0.10

New Account Offer up to €50 in Bet Credits

Place qualifying bets to release bet credits (New Account Offer)

Yes

UKGC (#055148-R-331498-001)
MGA (#MGA/CRP/531/2018)
Government of Gibraltar (#076)
+10 jurisdictions (including US states)

TonybetSoccer, Tennis, Basketball, Ice Hockey,Volleyball, Baseball, and 35+ other sports$/€10$/€10$/€0.10

• Welcome Bonus
• Forecast
• Sport VIP Program

• 100% up to $350, Get up to $350 free bet, Minimum eligible deposit of $15, Turnover requirements must be met within 14 days (Welcome Bonus)
• Place bets on sports events and win up to $1,500 in free bets (Forecast)
• Get up to $8,000 every month (Sport VIP Program)

Yes

The Estonian Tax and Customs Board (#HKL000393, HKT000016, HKL000098, HKT000015)
Kahnawake Gaming Commission

BethardFootball, Tennis, Esports, Basketball, and 20+ other sports$/€10$/€10N/A

100% Bonus up to €50

15x deposit + bonus with min. odds 1.90

Yes

MGA (#MGA/B2C/908/2021)

MegapariFootball, Basketball, Hockey, Tennis, and 40 other sportsFrom $/€1 (varies based on method)$/€10 for cards$/€5 for AstroPay$0.30/€0.20

Free bet of up to $110
on 1st deposit

100% bonus of up
to $105/€100 on 1st deposit

Free bet: 1x on
a parlay with 4 or
more selections at
min odds of 1.60

Deposit match: 5x
on parlays with 3
or more selections
at min odds of
1.40

Yes

Government of the Autonomous Island of Anjouan, Comoros (ALSI-112310012-F15)

LVbetFootball, Tennis, Volleyball, Basketball, Ice Hockey, and 10+ other sports$/€10$/€20$/€0.50

• 100% Welcome Offer up to €100
• Premier League Weekly Bonanza
• €5 Game Bonus
• Double Up Winnings up to 100%

• 8x deposit + bonus on 2-fold acca with min. total odds of 2.00 (Welcome Offer)
• 1x Free Bet with min. total odds of 1.25 and 2.00 for each selection | 2x multiplier winnings (Premier LEague Weekly Bonanza)
• 6x bonus funds with min. total odds of 2.50 and 1.25 for each selection (€5 Game Bonus)
• No WR on boosted winnings (Double Up Winnings)

Yes

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)

Campeonbet Soccer, Basketball, Tennis, Virtual Sports, and 30+ other sports€25€100€0.50

• Welcome Sports Bonus 100% up to €100
• Reload Sports Bonus 40% up to €100

• 5x deposit + bonus amount (Welcome Offer)
• 7x deposit + bonus amount (Reload Bonus)

Yes

Curacao (#8048/JAZ2021-155)

N1 BetSoccer, Ice Hockey, Basketball, Tennis, Volleyball, Esports, and 20+ sports€/$20 - bank cards, e-walletsiDebit, Interac - CA$30 BTC - 0.0001€/$20Not specified

First Deposit Bonus

Free Bet 50% up to $300

Free bet with 50% of the first deposit sum;
Bonus funds expire 3 days after being claimed;
Free bets can be used on all events, with odds from 1.01 to 2.00
(First Deposit Bonus)

Yes

The Curacao Gambling Commission (8048/JAZ2020-013))

BetsafeFootball, Tennis, Basketball, American Football, and 30+ other sports$/€10$/€10$/€0.10

* Welcome Offer 100% up to €100 + €15 Free Bets
* Daily Multiples Refund up to €45 (3 refunds of up to €15 per day)

* 8x WR on deposit on odds of 1.50 or greater within 30 days; 1x WR on free bet on odds of 1.50 (Welcome Offer)
* No WR on refunds (Daily Multiples Refunds)

Yes

MGA (MGA/CRP/108/2004)
Ireland’s Revenue Commissioners (#1011286)
Swedish Gambling Authority (#23Si2178)

RabonaSoccer, Horse Racing, Virtual Sports, Tennis, and 35+ other sports$/€10$/€20$/€1

First Deposit Bonus
100% up to €100;

100% Risk Free €100

Cashback Bonus 10% up tp €500

Minimum qualifying deposit – €20; WR vary based on bettors’ country of residence; WR must be met within 30 days of the first deposit; Minimum odds – 1.50
(First Deposit Bonus)

Yes

Curacao (8048/JAZ)

Top 10 Betting Sites for MiFinity

  1. 20Bet

    20Bet logo
    Bet Now Review
    Licenses
    Curaçao (#8048/JAZ2017-067) Kahnawake Gaming Commission (#00882)
    Min Deposit
    $/€10
    Min Withdrawal
    $/€10
    Withdrawal Time
    • E-wallets - 12 hours• Cryptos - 24 hours•Credit/debit cards - 7 business days
    Deposit Methods
    Visa logoMastercard logoPaysafecard logoPerfect Money logoBitcoin logoEthereum logoLitecoin logoAstropay logoMiFinity logoSofort logoecoPayz logoCashtoCode logoJeton logoeZeeWallet logoFlexepin logoNeosurf logoInterac logo
    Sponsorships
    N/A
    Contact Details
    Live Chat: Yes email: support@20bet.com Phone: N/A
    X profileInstagram profileLinkedIn profile

    20Bet is a reliable and feature-rich gambling platform that went online in 2020. Ever since, the brand has not failed to offer premier online sports betting and casino gaming to an ever-growing number of bettors around the globe. 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 bets.

  2. bet365

    bet365 logo
    Bet Now Review
    Licenses
    UKGC (#055148-R-331498-001) MGA (#MGA/CRP/531/2018) Government of Gibraltar (#076) +10 jurisdictions (including US states)
    Min Deposit
    $/€10
    Min Withdrawal
    $/€10
    Withdrawal Time
    * E-wallets - 1-4 hours* Debit Card - 1-4 hours* Credit Cards - 1-5 days* Wire Transfer - up to 12 hours
    Deposit Methods
    Visa logoMastercard logoNeteller logoSkrill logoSkrill 1-Tap logoPayPal logoPaysafecard logoBank Transfer logoInstadebit logoiDebit logoAstropay logoInterac logoApple Pay logo
    Sponsorships
    UEFA Champions League
    Contact Details
    Live Chat: Yes email: support.eng@customerservices365.com Phone: 00 800 1236 5365
    Facebook profileX profileLinkedIn profile

    Bet365 is, undoubtedly, among the best remote bookmakers around the globe, welcoming bettors 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, 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 markets 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 quickly processed: within 4 hours for e-wallets and debit cards, and within 12 hours for wire transfers.

  3. Tonybet

    Tonybet logo
    Bet Now
    Licenses
    The Estonian Tax and Customs Board (#HKL000393, HKT000016, HKL000098, HKT000015) Kahnawake Gaming Commission
    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
    Visa logoMastercard logoNeteller logoSkrill logoJeton logoAstropay logoBitcoin logoInterac logoMiFinity logoInstadebit logoPaysafecard logo
    Sponsorships
    CPL
    Contact Details
    Live Chat: Yes email: info@tonybet.com Contact Us Form Phone: N/A
    Facebook profileX profileInstagram profileLinkedIn profile

    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 2011. Tonybet is home to nearly 40 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. Digital wallet transactions, including ones conducted via MiFinity, are processed quickly and securely, in less than 12 hours.

    The bookie has obtained licenses from the Estonian Tax and Customs Board and the Kahnawake Gaming Commission. Besides its Welcome offer for new customers, the brand caters to returning players with various regular incentives and a Sport VIP Program.

  4. Bethard

    Min Deposit
    $/€10
    Min Withdrawal
    $/€10
    Withdrawal Time
    • Credit/Debit Cards - 2-5 days• E-wallets - Up to 24 hours• Trustly - Up to 24 hours
    Deposit Methods
    Visa logoMastercard logoNeteller logoSkrill logoTrustly logoAstropay logoMiFinity logoInterac logoMuchBetter logoEuteller logoSiru Mobile logo
    Sponsorships
    N/A
    Contact Details
    Live Chat: Yes Email: support@bethard.com Phone: N/A
    X profileInstagram profileLinkedIn profile

    Established in 2012, Bethard offers sports betting and casino gaming in a single user-intuitive platform. Owned by Prozone Ltd., the bookie operates under a license issued by the Malta Gaming Authority. The website is supported in 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 5 business days.

  5. Megapari

    Megapari logo
    Bet Now
    Licenses
    Government of the Autonomous Island of Anjouan, Comoros (ALSI-112310012-F15)
    Min Deposit
    From $/€1 (varies based on method)
    Min Withdrawal
    $/€10 for cards$/€5 for AstroPay
    Withdrawal Time
    15 minutes
    Deposit Methods
    Visa logoMastercard logoJeton logoAstropay logoMiFinity logoPerfect Money logoCashtoCode logoLitecoin logoEthereum logoDash logoTether on Ethereum logoTether on Tron logoTron logoBinance Coin logoDai logoUSD Coin logoSkrill logoAirtm logo
    Sponsorships
    N/A
    Contact Details
    Live Chat: YesTelephone: +44 113 340 6785 +357 8009 2576Email: support@megapari.com agentsmegapari@megapari.com
    Facebook profileX profileInstagram profileTelegram accountYouTube chanel

    Megapari went online in 2019, supplying sports betting enthusiasts with over 40 sports, great odds, fantastic bonuses, and an exclusive VIP Program. The brand is owned and operated by Vdsoft & Script Development SRL, with a license issued by the Government of the Autonomous Island of Anjouan, Union of Comoros.

    The website is supported in many 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. 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

    LVbet logo
    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
    Visa logoMastercard logoNeteller logoSkrill logoSkrill 1-Tap logoPayPal logoPaysafecard logoBank Transfer logoBoleto logoAstropay logoMiFinity logoecoPayz logoJeton logoMuchBetter logoPIX logoPicPay logo
    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
    Facebook profileX profile

    LVbet started accepting online bets in 2016, with licenses from the MGA, the Ministry of Finance of the Republic of Poland, and the Latvian Lotteries and Gambling Supervisory Inspection. The bookie stands out with a user-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 30 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 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

    Campeonbet	 logo
    Bet Now
    Licenses
    Curacao (#8048/JAZ2021-155)
    Min Deposit
    €25
    Min Withdrawal
    €100
    Withdrawal Time
    Up to 2 hours for most suppported methods
    Deposit Methods
    Mastercard logoNeteller logoSkrill logoPaysafecard logoBitcoin logoTether logoLitecoin logoMiFinity logoCashtoCode logoJeton logoBitcoin Cash logoRapid Transfer logoRevolut logoCASHlib  logo
    Sponsorships
    N/A
    Contact Details
    Live Chat: Yes Email: support@campeonbet.com Phone: N/A
    X profile

    Owned by CW Marketing B.V., Campeonbet is another great online sportsbook, operating under a license issued by the Government of Curacao. 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, enabling punters to receive their payouts before the sports event finishes. 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, VISA, Mastercard, Skrill, PaySafeCard, Jeton, and Neteller. Crypto funding options are available as well, including Bitcoin, Ethereum, Litecoin, 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

    N1 Bet logo
    Licenses
    The Curacao Gambling Commission (8048/JAZ2020-013))
    Min Deposit
    €/$20 - bank cards, e-walletsiDebit, Interac - CA$30 BTC - 0.0001
    Min Withdrawal
    €/$20
    Withdrawal Time
    Bank cards - up to 7 business dayseWallets - up to 12 hoursCryptocurrencies - less than 24 hours
    Deposit Methods
    Sofort logoMaestro logoVisa logoMastercard logoNeteller logoSkrill logoPaysafecard logoNeosurf logoiDebit logoInterac logoMiFinity logoPay4Fun logoMuchBetter logoBitcoin logoEthereum logoLitecoin logoBitcoin Cash logoDogecoin logoUSD Coin logo
    Sponsorships
    N/A
    Contact Details
    Live Chat: Yes Email: support@n1bet.com Phone: N/A
    Facebook profileX profileTelegram account

    N1 Bet is among the gambling brands under the umbrella of the popular Dama N.V., a company registered and operating as per the laws of Curacao. 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, and Dogecoin. Besides crypto, bettors can manage their betting balance via e-wallets such as MiFinity, Skrill, and Neteller.

  9. Betsafe

    Betsafe logo
    Review
    Licenses
    MGA (MGA/CRP/108/2004) Ireland’s Revenue Commissioners (#1011286) Swedish Gambling Authority (#23Si2178)
    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
    Visa logoMastercard logoNeteller logoSkrill logoPaysafecard logoTrustly logoBank Transfer logoBitcoin logoMiFinity logoInterac logoLuxon Pay logo
    Sponsorships
    N/A
    Contact Details
    Live Chat: Yes Email: support-en@betsafe.com Phone: +44 808 238 0028
    Facebook profileX profileLinkedIn profile

    Bettors can experience the thrill of sports betting via another leading brand, Betsafe, that went online in 2006. The bookie has a lot to offer to fans of sports betting, including in-play bets, horse racing, and virtual sports. Some of the popular sports available for pre-game and in-play betting include football, basketball, tennis, ice hockey, and eSports.

    Punters will find competitive odds on a variety of popular competitions, including the UEFA Nations League, the NHL, and Europa League. 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

    Rabona logo
    Licenses
    Curacao (8048/JAZ)
    Min Deposit
    $/€10
    Min Withdrawal
    $/€20
    Withdrawal Time
    Bank cards - 2-5 daysEwallets, Crypto - instant
    Deposit Methods
    Mastercard logoPaysafecard logoSkrill logoSkrill 1-Tap logoNeteller logoJeton logoMiFinity logoBitcoin Cash logoTether logoBitcoin logoLitecoin logoEthereum logoRipple logoUSD Coin logoDai logoInterac logoBank Transfer logo
    Sponsorships
    N/A
    Contact Details
    Live Chat: Yes Email: support@rabona.com
    Telegram accountYouTube chanel

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

    For the comfort of its customers, the bookie has implemented a broad selection of payment solutions and currencies. 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 $15 and reach $4,000.

    New and returning customers are treated to an array of promotional offers, tournaments, and a VIP Program. Comprising five levels, the VIP Club 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 MiFinity Functions?

How MiFinity Work 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 Union Pay 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 latest update we are aware of is from the very beginning of 2022 when the fintech brand introduced virtual IBANs. 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 transafers, etc. As you see, the company has taken care to ensure methods that are suitable for different types of users.

The e-wallet accepts transactions in 15 currencies – 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 service enables customers to convert the mentioned cryptocurrencies into fiat currency. 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

Account opening 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

MiFinity Deposit 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

MiFinity Withdraw 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

MiFinity 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 SEPA bank transfer. As for the other options, fees vary between 1.8% and ~9% with the lowest being for Visa, Mastercard, UnionPay, and cryptocurrency transactions. 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, if you top up your e-wallet account via a Latvian or Lithuanian bank, you will have to pay a fee of 7% + €0.35.

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 not commonly known currency. That is why it is very important to make the correct settings when initially registering your e-wallet account.

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

MiFinity Security 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

MiFinity Advantages 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 170 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, iPod Touch, or a Mac, it has to be of version 11.0 or later. The requirement for the operational system of Android devices is a 5.0 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 15 fiat and 5 cryptocurrencies when setting up their accounts, this is not a big issue at all.

Disadvantages of MiFinity

MiFinity Disadvantages 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 reach as high as 9% 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 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.

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