Best MiFinity Betting Sites

MiFinity is a UK based company that has operated for 18 years with offices in Dublin and Malta while its headquarters are in Belfast. The wallet can be used for payments in many sectors like travel, airlines and, of course, gambling. MiFinity betting sites offer multiple privileges to gamblers, like an under-the-radar activity, combined with quick and safe transactions.

Funding your wallet in many ways and an easy-to-use app for smartphones and tablets are hard to pass. Users can also transfer an amount to another person in 21 different currencies and 170 countries. In the following MiFinity review, you will find more information, such as:

• An up-to-date (2024) list of MiFinity betting sites
• How to use it when betting online
• All the pros and cons

Which Are The Top Sites For MiFinity Gambling

Instant deposits and player to player transfers are some of the main perks when using MiFinity for online betting. You can check the top-rated bookmakers that accept MiFinity in our list below.

Why should you bet on MiFinity bookies

MiFinity comes with many benefits for the players. Some of them are quick and safe transactions, eligibility to claim any promotion and an easy-to-handle mobile app.

✔️ Under-the-radar activity: For many bettors, it is crucial to keep their activity hidden. MiFinity bookmakers offer this possibility, and this could be considered a great asset.

✔️ Available in many countries: Currently, the payment operates in 170 countries and territories. Bettors need to use their funds easily in any place in the world.

✔️ Accepting multiple currencies: By this time, 21 different currencies are supported, and this helps users bet in their local currency and avoid extra fees. AUD, CAD, CHF, CZK, EUR, GBP, NZD, PLN, RON, SEK and USD are among them.

✔️ Top security features: Entering your password to open your wallet, SSL encryption, Two-Factor Authentication, Fingerprint, and FaceID ensure that your transactions are always safe.

✔️ Multiple ways to fund your wallet: It is essential to fund your wallet in many ways. Visa, Mastercard, UnionPay, Bitcoin, POLi, Trustly and Klarna are only some options players can use.

✔️ P2P transfers: When players both hold a MiFinity account can send any amount to each other. Even if the two holders are in a different country, the transaction is again available.

✔️ Mobile app: Being able to bet when on the road is also an important feature. MiFinity app allows bettors to deposit on their favourite bookies from their smartphones or tablets. The app is available for free on Google Play Store for Android 5.0 and higher or Apple Store for iOS 11.0 and above.

Drawbacks of betting with MiFinity

There is no perfect payment and MiFinity is not an exception. High fees on specific transactions and low limits are the main disadvantages of using it for online betting.

❌ Not many bookies accept it: We talk about a payment that has been operating for 18 years, and still, in many countries, it could be challenging to find MiFinity bookmakers.

❌ Fees on your non-gambling transactions: It is free to deposit and withdraw an amount from bookies. Although fees apply on any other transfer, in some cases, charges are high.

❌ Inactivity fees: If your account remains inactive for 12 months in a row, it will be suspended, and also you will be charged €1 per month as an administration fee.

❌ Low transaction limits: Considering a drawback for high rollers, even after verifying your account, the limit on your transfers is £10,000 per year.

❌ Slow withdrawals on your bank account: Payouts from your betting account to your wallet commonly take place in less than 48 hours, depending on the bookie. However, if you withdraw an amount from your wallet’s balance to your banking account, you will have to wait for several business days.

Now we have seen all the pros and cons of betting with MiFinity. Keep reading to learn why it is legal and safe to use it for online gambling, how to deposit and proceed with a payout, the fees and the possible limits and how it compares to other payment methods.

Is MiFinity betting legal and safe?

MiFinity, formerly known as NWSystems LTD, is certified by Union Pay International and holds a UK Financial Conduct Authority (FCA) and the Malta Financial Services Authority (MFSA) license.

It is totally legal for any bettor to deposit through it when betting online. When you bet on MiFinity bookies, you don’t have to worry about safety. The company uses SSL & PCI Compliant Technology and a Two-Factor Authentication to secure the payments.

Also, there is a cooperation with FourStop GmbH, one of the global leaders in online fraud prevention. An extra layer of protection was added in 2019 since the company uses Strong Customer Authentication (SCA). Users can choose to put additional security steps like Fingerprint or FaceID.

How to deposit on MiFinity bookmakers

It is a pretty simple procedure to deposit on MiFinity gambling sites. All you have to do is the following steps after you create your wallet:

• 1
  Visit your desirable bookie.
• 2
  Select the ‘Deposit’ option.
• 3
  Choose MiFinity as your deposit method.
• 4
  You will be redirected to your wallet, where you have to enter your details.
• 5
  Enter the amount you want to deposit.
• 6
  Confirm the payment by completing the security procedure.

That’s it. The amount will be available almost immediately to your betting balance.

Can I withdraw from MiFinity betting sites?

Proceeding with a payout is also quick and smooth. Follow the next steps and withdraw your winnings without any issues.

• 1
  Enter your betting account.
• 2
  Click on the ‘Withdraw’ button.
• 3
  Choose MiFinity as your payment method.
• 4
  Fill in the amount you want to withdraw.

As soon as you do that, you will receive an SMS on your registered phone. Proceed with the two-step authentication procedure and finalize the process. The amount will be on your wallet balance within two days.

Fees and limits

Depositing an amount to MiFinity gambling sites and also withdrawing your winnings comes for free. However, when you send money to your wallet, there is a charge of 1%, and the maximum fee amount could be €1.

Withdrawing an amount from your wallet also applies fees, but charges depend on where you will send your money; on a bank account or to a debit/credit card. In the last case, fees also depend on your country. If your local currency is not supported, there is an extra 2.99% exchange fee.

Finally, as we have mentioned before, when your account is inactive for 12 months, after that, there is a charge of 1€ per month as an administration fee. In most MiFinity sportsbooks, the minimum deposit is €10, and the maximum is €5,000.

The exact limits typically apply to payouts. At the same time, there are transaction limits when you have an unverified account. In this case, users can transfer no more than €2,000 per year. After verifying your account, the limit goes up to €10,000 per year.

Countries where Mifinity is popular for betting

Gambling with MiFinity is available in more than 170 countries since we talk about a payment method that has operated for 18 years. In addition, payment is a very popular option in every well-developed Western country, apart from the United States. Below you can see what stands in three of these countries in terms of available bookies:

⏩ International Betting Sites in Australia

⏩ Germany Betting Sites

⏩ Netherlands Betting Sites

MiFinity compared to other payments

MiFinity is a fair solution for many gamblers and comes with many privileges. However, bettors always need to have an alternative, and we will inform you about other payment methods that match up MiFinity’s disadvantages.

MiFinity vs EcoPayz

EcoPayz is a wallet that was launched back in the early 2000s. It has become a prevalent option for betting worldwide. There are multiple benefits for bettors who choose to deposit on EcoPayz betting sites.

Instant transactions, eligibility to grab a welcome bonus, under-the-radar activity, and availability to play in your local currency are some of the primary keys. Still, the payment is restricted in the USA as well, while it entails similar fees with MiFinity.

MiFinity vs eZeeWallet

eZeeWallet is another wallet that has been on the rise since 2020. The payment has very few geographical restrictions, as it works in more than 180 countries. eZeeWallet betting sites offer quick and safe transfers since the level of security is high.

Also, gamblers can keep their activity hidden from local authorities. On the other hand, there are high fees for using the wallet, and it hasn't yet been widely accepted by international bookies.

Is it worth it to bet with MiFinity?

MiFinity has been around for 18 years, but only lately has it become popular among bettors. MiFinity bookmakers allow gamblers under-the-radar betting, swift and easy transfers and the possibility to claim offers and promotions.

Still, it could be challenging to find bookies that accept MiFinity. Moreover, multiple fees and limits on transactions could make some bettors reconsider using it. To sum up, MiFinity betting sites are a notable option for low and medium-budget bettors.

Player-to-player transfers, multiple ways to fund your wallet and an innovative app make it an attractive choice. However, limited availability at bookmakers is a significant downside. So, it could be a fair solution for recreational players; but for high-rollers, we recommend other bookmakers' payment methods, such as PayPal or Skrill.

Complete list of MiFinity bookies

Under-the-radar activity, quick transactions and eligibility to claim any new offer and promo are the main assets when gambling with MiFinity. Check the full list of bookies that accept it and choose the one that better suits your needs.