MiFinity is quickly becoming one of the most popular payment methods in Australia, and it’s great for players who want to get reliable and safe transactions when gambling at online casinos. With increasing acceptance at more casinos, MiFinity UK Limited definitely goes on to capture more online casino players by offering top-notch features that range from instant deposit processing to fast withdrawals.
Best MiFinity Casinos in Australia 2024
Best MiFinity pokies
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RTP:99.0%
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Volatility:High
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Maximum win:x2000
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Slot type:3 Reel
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RTP:99.1%
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Volatility:Low
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Maximum win:-
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Slot type:Ancient-Themed Pokies
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RTP:98.5%
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Volatility:Low
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Maximum win:x670
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Slot type:Sea-Themed Pokies
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RTP:97.0%
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Volatility:Medium
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Maximum win:n/a
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Slot type:Animals-Themed Pokies
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RTP:97.0%
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Volatility:Medium
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Maximum win:5.000x
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Slot type:3D Pokies
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RTP:96.0%
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Volatility:Medium
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Maximum win:250,000x
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Slot type:Adventure-Themed Pokies
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RTP:96.5%
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Volatility:Low
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Maximum win:x5000
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Slot type:3D Pokies
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RTP:97.0%
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Volatility:High
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Maximum win:10.000x
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Slot type:Cat-Themed Pokies
What is MiFinity?
It is an e-wallet platform that offers a safe, quick, and convenient way to make instant online deposit and withdrawal operations for Australian players who like gaming. Established in 2002, MiFinity has gradually developed and grown to become a brand that has earned the respect of the world of e-gaming businesses and a variety of industries across several financial lines.
Over time, this service has grown in its clientele base, now being able to serve clients globally, including Aussie casino users who play MiFinity pokies for real money. Take a look at the most important features of this payment method that are worth pointing out:
- Secure fund storage: A user can safely store their funds without being compelled to disclose their sensitive financial details.
- Secure online payments: It ensures efficient online payment transactions with security and privacy, which is especially important for casino players.
Open MiFinity online account in Australia
Opening a MiFinity account is pretty easy and won't take you more than a few minutes. Here are the step-by-step instructions for creating a profile for Australian casino fans:
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Access the MiFinity website
To open a free account, first, you have to access its official website. You can do this using your computer or even your mobile device. Once you are on the homepage, at the very top right of your window, hit the 'Sign Up for Free' button.
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Create your profile
You will be asked to type in an email address, create a password, and share some basic personal information such as your name, address, and phone number. Fill in the fields with valid details; this is important for profile verification later.
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Choose currency
When you are registering, you will have the option of choosing your desired currency before even gaming at casinos. If you are from Australia, you will use AUD, the Australian Dollar, which MiFinity supports. This will help you avoid any conversion charges in your transaction.
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Verify email address
Upon completion of the registration form, the service will send a verification letter to your submitted email address. Open the email and click on the verification link to confirm.
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Fund your MiFinity wallet
After your account has been activated, feel free to fund your e-wallet. The service accepts bank transfers, credit/debit cards, and other e-wallets. You can choose one that best suits your needs and then proceed with on-screen instructions to fund your wallet. That’s all! Have a good time playing MiFinity pokies!
Note: Alternatively, you can also download the official app from the App Store or Google Play to complete these steps on your mobile device. Believe us, the registration process is also very simple.
Fees
Definitely, one of the key considerations in choosing a payment method when gaming should be fees. MiFinity wallet has been highly competitive regarding fee structure and positions itself as one of the most popular options for online casino platforms. Take a closer look below to find out what you can expect to pay in fees with this service.
Deposit Fees
MiFinity charges a small fee for putting money into your wallet. The exact fee will be based on the funding method you choose to use. As an example, while putting funds via a credit or debit card may incur a fee of 1.8%-4% of the amount of the transaction, bank transfers might come with lower or no fees at all. Always look over the fee schedule on MiFinity's website or the mobile application before making a deposit.
Withdrawal Fees
The service can charge a small fee when users make MiFinity payments from the wallet to their bank profile or another e-wallet. Normally, it should be in the form of a percentage of the sum for withdrawal or as a flat fee, depending on how the request is made. For example, a bank account may attract between 2% and 3% of the transaction amount.
Currency Conversion Fees
Also, if you choose to make transactions in a currency other than AUD, MiFinity may charge a currency conversion fee. This is a small percentage of the transaction amount, usually 2.99%. To avoid this extra fee, make sure to set AUD as your primary currency when opening your account.
Casino Fees
Some online casino venues may charge extra fees if you pick the MiFinity e-wallet method. As these terms vary from casino to casino, it is necessary to go through a gambling site's conditions before depositing or withdrawing. But, of course, first, do not forget that a casino has to be licensed by reputable organisations, such as the MGA, the UKGC, or the Curacao Control Gaming Board. Checking fees comes after this.
Verification
The verification process of the profile has a crucial significance to the requirements of MiFinity in registering an account, ensuring the account is secured and safe according to the standards set by regulators. Below, you can see what you should know about verification procedures.
Identity Verification
Top MiFinity security measures will require you to send an ID copy issued by the government, passport, driver's licence, or national identity card. Of course, it has to be valid and clearly show your name, photo, and date of birth. This is primarily made to verify your identity as required under anti-money laundering laws.
Address Verification
The MiFinity ewallet company also asks its customers to provide proof of their residential address, which should be validated later. They can do this by sending a recent utility bill, bank statement, or any official government document that has their name and address on it. The document has to be dated within the last three months. Such requirements make MiFinity one of the best online payment systems so far.
Note: Sometimes, MiFinity may ask for more documents for validation, like a selfie with the ID or proof of source of funds. This usually happens where high-value online casino transactions take place or if there’s something wrong or suspicious with the information you provide.
Make a Deposit Using MiFinity
Making an instant deposit using MiFinity to fund your online casino profile and play pokies for real money is easy. Here's how you do this:
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Access your casino account
You’ll have to log in next. If you don't already have an account, then, of course, you would have to sign up before proceeding with the payment steps. Most online casinos with MiFinity make this process pretty easy to get through, only requiring basic personal information.
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Navigate to the Cashier section
All financial transactions at online gambling platforms (no matter which one you pick) are managed from here, starting from making a casino deposit to requesting a withdrawal.
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Choose MiFinity as your preferred option
Select the MiFinity service from the list of available casino banking methods. If you don't see it as an available option, then chances are the casino doesn't support this payment solution which means you might have to pick another casino.
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Enter amount
Note that this amount needs to be within the limit that the casino is using for deposits. Some Australian casino platforms for real money can have different minimum deposit amounts required, but as usual, it ranges from AU$10 to AU$30.
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Confirm the transaction
Log in to your MiFinity account and confirm the transaction. The amount will then be transferred instantly from your e-wallet to your casino profile so that you can start playing immediately. Done!
MiFinity casino withdrawal
Actually, when you want to withdraw your casino winnings from an online casino for real money using MiFinity, it doesn't differ much from how you make casino deposits. Here are the steps you need to cash out your funds:
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Log in to your casino profile
Just like making a casino deposit, you will first need to log into your online casino account. Ensure that you have met all the requirements of the bonus wagering or any other conditions before withdrawing funds.
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Access the withdrawal section
Find and enter the cashier or banking section of the casino since it’s the exact place where you’ll be able to request the withdrawal of your winnings.
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Pick MiFinity as your withdrawal option
From many of the given choices for making a withdrawal, select MiFinity. If you do not find it in the list, then it means the casino does not support it for withdrawals; therefore, you will have to select another method or another casino.
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Enter the amount to withdraw
Put in the sum you would like to withdraw, of course, taking into consideration that you should stay within the withdrawal limits as set by the casino. Some platforms can have minimum or maximum withdrawal limits, so it is always good to go through the terms and conditions.
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Validate the operation
The online casino will then process your request and transfer the money into your MiFinity account. The time the whole thing takes may differ from one casino to another.
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Get your money delivered to your e-wallet account
Now, you can opt to either have the money sit in your profile or get it rolled over into your bank or any other e-wallet.
Withdrawal Speed
Undoubtedly, one of the greatest advantages of withdrawing money from an Australian casino with MiFinity is the processing speed. Here is what you can expect in terms of speed:
Casino Processing Time
The time the casino takes to process your request varies. Some casinos process their withdrawals within 24 hours, whereas others could take up to 48 hours or more.
MiFinity Processing Time
After the casino has approved the withdrawal request, it will typically process the funds into your profile instantly. This is a key advantage of the service over a bank transfer, which can take several days to deal with the request and money transfer itself.
Total Withdrawal Time
Withdrawals via MiFinity are normally received within 1-2 days. This payment solution counts as one of the fastest cash-out options for Australian casino players to have their winnings transferred.
MiFinity casino bonuses
Online casinos with this payment method often offer unique bonus options for players. They could be in the form of added cash or free spins to your account, thus giving a user a great start when they’re about to begin playing pokies for real money. Here are major bonus types that might be expected:
MiFinity Casino: Pros & Cons
When choosing MiFinity online casinos for gaming online, it's necessary to consider both the positive and negative sides of it. The SmartPokies team has prepared a table of pros and cons to help you make up your mind and see if MiFinity casino options are good for you.
- Pros
- Safe payments
- Unique bonus deals
- Fast transactions
- Small transaction fees
- Accepts multiple currencies
- Cons
- Verification is required
- Country restrictions
FAQ
Can I use MiFinity at online casinos?
Yes, sure. It is a very secure payment method accepted at many gaming platforms. Under the licensing of FCA, MiFinity deploys high-end encryption technology to ensure sensitive financial information is secure; thus, it serves as a safe way to execute online transactions at Australian casinos.
Are there any fees associated with using MiFinity at online casinos?
The service has a small fee charged for deposits, withdrawals, and currency conversions. Generally speaking, the fees are almost always less significant compared to other casino payment alternatives.
How long do withdrawals take with this payment option?
On average, withdrawals are processed within 24-48 hours, which makes this one of the quickest ways to get your gaming winnings out of a casino site. Again, this may differ at times and be impacted by online casino processing times themselves.
Can I get a bonus if I use MiFinity?
Yes. Many Aussie casinos have exclusive bonus options for MiFinity users making casino deposits and withdrawals. This can include welcome offers, free spins, reload rewards, and cashback promotions.
Do I need to verify my MiFinity account?
Yes, sure. This payment solution requires all its users to verify their identities and addresses to comply with regulatory standards. This is basically necessary to give you the best level of protection from internet threats or fraudulent activities against your profile.
Can I use MiFinity on my mobile device?
Yes, it is completely mobile-compatible. Players can log in to their MiFinity profile and transact funds by using either the mobile application or the mobile version of the website, allowing gamblers to manage finances on the go.
What should I do if I encounter issues with my MiFinity transactions?
In case of failure, delays, or any other hitch in your transactions, be sure to consult first with the support team of your selected online casino accepting MiFinity. If the problem is still there, you should contact the customer support of the payment service instead.