What is MiFinity?
This digital wallet has more than 25 years in the online payments industry and has built a reputation for delivering secure and cost-effective transaction solutions. The company holds licenses from the Financial Conduct Authority in the UK and the Malta Financial Services Authority, giving it a strong regulatory foundation and the ability to operate internationally.
Its core product is a digital wallet designed for speed, flexibility, and multi-currency support. Users across sectors like online gaming, travel, forex, and eCommerce use it to complete transactions with local payment options. The service focuses on efficiency and user protection, which makes it a practical choice for individuals and businesses alike.
Payment services are customized to the needs of various industries. In gaming, users benefit from fast deposit and withdrawal processes. Travel brands rely on it for seamless customer payments, while crypto users can convert and spend funds directly. The platform also supports global money transfers and allows users to send funds securely across borders.
This combination of regulated infrastructure, industry-specific features, and global reach has helped the company become a trusted name in digital payments. Its goal is to offer simple, smart, and secure solutions that adapt to the changing demands of the online transaction landscape.
How to Use MiFinity for Casino Withdrawals?
Withdrawing money from an online casino using this payment method is a simple and efficient process. Most platforms that accept it for deposits will also allow you to use it for withdrawals. As long as your account is verified and the casino supports the method, transferring funds to your wallet can be done in just a few steps.
Step | Explanation |
1. Log in | Sign in to your online casino account through the website or mobile app. |
2. Go to the cashier | Open the cashier or banking section and select the “Withdraw” option. |
3. Select MiFinity | Choose the e-wallet from the list of available withdrawal methods. |
4. Enter the amount | Specify how much you want to withdraw, within the minimum and maximum limits. |
5. Add account details | Provide the email address or ID linked to your MiFinity eWallet. |
6. Confirm the request | Review the information, then confirm the withdrawal to begin processing. |
MiFinity Withdrawal Limits
The minimum and maximum withdrawal amounts when using this payment solution depend on the policies of each individual casino. In most cases, the minimum withdrawal is set between €10 and €20, which is in line with industry standards for eWallet transactions. Some platforms may allow lower amounts, but it’s always best to check the casino’s specific terms before requesting a payout.
Maximum withdrawal limits also vary, often influenced by your account status. Regular users may encounter daily limits ranging from €2,000 to €5,000. However, these limits can increase significantly as you progress through a casino’s VIP program or loyalty tiers. Higher-level players typically enjoy more flexibility, including faster approvals and higher withdrawal ceilings.
As for processing times, the e-wallet transactions are usually handled almost instantly once approved by the casino. That said, delays can occur based on the platform’s internal review procedures. In some cases, withdrawals may take up to three working days to reach your wallet, particularly if additional verification is required.
MiFinity Fees & Taxes
Using MiFinity for casino withdrawals typically comes with no added fees or taxes. Most online casinos that support this payment method allow players to cash out their winnings without any charges from the provider. This makes it a cost-effective option for regular withdrawals.
While transactions are free, there are a few account-related fees to keep in mind. Personal accounts do not incur any usage costs. However, if you don’t log in for 12 months, your account is considered inactive. In that case, a service fee of €1 per month will be deducted from your remaining balance until the account becomes active again or funds are depleted.
Fee Type | Amount / Rate | Notes |
Account inactivity fee | €1 per month | Applies after 12 months of no login activity |
Cryptocurrency transaction fee | Up to 1.8% | Applies to crypto transactions powered by Cryptopay |
Card transaction fee (EEA) | Around €1 to €1.75 | Applies to EEA-based Visa or Mastercard transactions |
Card transaction fee (Interregional) | Up to €2 | Applies to non-EEA Visa or Mastercard transactions |
Interac transactions (Canada) | C$4 | Applies to e-Transfer and eCashout methods |
Currency conversion (FX fees) | Varies | May apply if wallet and transaction currencies differ |
No taxes are automatically applied to your withdrawals. That said, it’s your responsibility to comply with local tax laws regarding gambling winnings. Depending on your country of residence, you may be required to report earnings to tax authorities.