MiFinity Online Casinos Australia (2024)

Online casinos are always on the lookout for payment systems that enable fast, cost-effective, and secure payments with their players. This helps them avoid complaints and cut down on their costs. MiFinity might have been around for over 25 years, but it got picked up by the online gambling industry in 2016. Fast forward one decade, and there have been over 800 partnerships between MiFinity and iGaming operators.

Australian online casinos process deposits and withdrawals through MiFinity, despite the most popular eWallets not servicing this market. MiFinity online casinos do not involve any fees, withdrawals usually take a day to go through, and the payment limits are as flexible as they get.

The best part is that most top-rated MiFinity online casinos accept Aussies, so you shouldn’t struggle to find one with your favourite games and flashy bonuses. We list the ones that meet our strict review criteria on this page, along with a beginner’s guide to MiFinity casino deposits and withdrawals and everything they entail.

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Best Australian Online Casinos That Accept MiFinity

Readers already familiar with how the MiFinity eWallet works can pick their preferred brand from the list above and deposit to receive the corresponding bonus. Below I’ve included a few additional info on their payment limits and withdrawal speed when using MiFinity.

MiFinity Casinos AustraliaMinimum DepositMinimum WithdrawalWithdrawal Time
21bitA$20A$20Instant to 48 hours
BitStarzA$30A$30Instant to 48 hours
WazambaA$10A$10Instant to 48 hours
RabonaA$10A$10Instant to 48 hours
Neon54A$10A$10Instant to 48 hours
NeedForSpinA$20A$20Instant to 48 hours
BuranA$15A$15Instant to 48 hours
BankonbetA$15A$15Instant to 48 hours
Lucky7evenA$20A$20Instant to 48 hours
BitvegasA$15A$15Instant to 48 hours

Of course, MiFinity support isn’t the only criterion we considered while curating this list. Every brand has been carefully reviewed by our experts and performs well across the board. Areas we have reviewed in detail before shortlisting any MiFinity online casino include:

  • Banking coverage and terms
  • License
  • Reputation
  • Safety and security
  • Casino games
  • iGaming partnerships
  • Customer support
  • Mobile compatibility
  • Bonus and promotions

About MiFinity

MiFinity as a payment company has been around for over 25 years. Their eWallet put them on the global map in 2016, and I’ve since regularly encountered their kiosk at worldwide iGaming conferences.

MiFinity doesn’t differ much from any contemporary eWallet (PayPal, Skrill, Neteller), it acts as an intermediary between online casinos and players’ personal banking accounts. However, MiFinity held its ground when most eWallets stopped operating at Aussie online casinos – a service much needed with the credit card ban enforced in 2024.

The eWallet isn’t the only service MiFinity supports:

  • PayAnyBank – for payments to banks
  • PayAnyCard – for VISA, Mastercard, and UnionPay cards
  • eVoucher – allows to purchase a voucher online and make deposits by selecting MiFinity from the cashier
  • MiFinity Direct Bank Transfer

What the above means for the average casino player is that you can use pretty much any payment method to fund your MiFinity account and subsequently add the money to the casino. This removes the stress of scrolling through numerous casino banking options until you find one you can use. Players can even use CashtoCode vouchers to add cash to MiFinity and then onto their casino. In reverse, you can deposit at a casino via prepaid cards and then cash out to MiFinity. Cryptocurrency support is also one of the several MiFinity highlights.

The payment limits at MiFinity casinos are standard to all gambling services, usually A$10/A$20 for deposits and withdrawals. Players don’t pay any fees for gambling payments. However, deposits and withdrawals between MiFinity and other payment providers incur costs.

MiFinity currently operates from offices in the UK and Malta, with licenses from the FCA and MFSA, respectively. Additional certifications ensure your money and payment details are secure with this eWallet. At a global level, MiFinity has partnered with 800 iGaming operators, including big names like Betsson, N1 Casino, GGpoker, Betway, Betsafe, Casumo, and Energy Casino.

Pros and Cons

ProsCons
Widespread at online casinos in AustraliaCustomers subjected to a KYC process
Two licenses and various certificationsExchange rates can be quite high, especially for crypto
Fast payments, along the lines of other eWalletsNeed to set up separate accounts at the casinos and the eWallet
Supports deposits via cards, banks, crypto, and prepaid vouchers; great intermediary between online casinos and payment options 
Encrypted with SSL technology, PCI DSS Service Level 1 compliant, SCA and PSD2 features, and top-notch customer services 
Low fees when depositing or withdrawing from MiFinity (1.8%) and zero casino payments costs 

How to make a MiFinity Casino Deposit

Typically, players visit their favourite online casino, select a bank or card, enter their details, and complete the transaction. However, most banks and credit cards don’t support online gambling payments in Australia, complicating the process. Aussies often resort to crypto and prepaid vouchers to circumvent the checks set in place by the Australian Government.

Ewallets are another great way to make casino payments but require taking two different sets of steps to get there. At least before you use MiFinity for the first time. Below I explain these steps in detail to help you set up a MiFinity eWallet and, in turn, complete your casino transactions.

Setting up your eWallet

  • Visit https://www.mifinity.com/en/ and click to sign up for free.
  • Enter the required details in the forms. These include your full name, address, email, and additional information you will then be asked to verify.
  • Activate your email through the shareable link and input the verification code sent to your mobile.
  • Set up your preferred currency (AUD is accepted), and transfer funds to the eWallet through any supported method. Any Bank, Card, Crypto, and a range of eVouchers can be used for that purpose.

Although transfers between your personal banking account and MiFinity will be regularly conducted to gamble online, the account creation process is required once only.

Transferring funds to the online casino

  • As soon as your MiFinity eWallet is loaded with money, you can select any casino from this list and follow a similar process to set up an account with them.
  • Then, visit the cashier section and select MiFinity.
  • Provide your eWallet details to link it with the casino.
  • You can now deposit at the casino and start playing instantly. Keep in mind that you must have sufficient funds in your MiFinity account to cover the minimum casino deposit limit, usually set at A$5, A$10, A$20, or A$25. Some operators require A$30+ deposits to let you claim bonuses.

MiFinity Casino Withdrawal Process

Any online casino accepting MiFinity will let you withdraw your winnings in the same way. That’s one of the main benefits of using this casino banking gateway.

  • To withdraw, you must visit the cashier section, select MiFinity, enter the amount you wish to cash out and confirm the payment.
  • MiFinity casino withdrawals usually take 24 – 48 hours. Additional pending times might be incurred due to the casino’s internal processing times. Following this process, your payment should come through promptly.

Some aspects to remember about MiFinity online casino withdrawals are the wagering requirement and minimum limits. All bonuses and deposits come with 1 – 45x wagering requirements. The first is in place to guard against money laundering activities and the latter is to protect casinos’ bottom line from bonus hunters.

The minimum casino withdrawal limit, on the other hand, is usually higher than the minimum you can deposit in the first place. The best-case scenario is A$10, although A$30 – A$50 is standard at Aussie online casinos.

Payment Fees

Online casinos will never charge you a fee for making a deposit or withdrawal through MiFinity. That’s not the case with bank-related payment options, and other eWallets are often excluded from bonuses – making MiFinity uniquely convenient in both regards.

Nonetheless, MiFinity will charge variant fees when transferring money to and from the eWallet. These are below the industry average, about 1.8% for deposits and A$1 – A$2 for withdrawals, respectively.

What is worth mentioning, though, is that MiFinity charges hefty fees for crypto exchange and currency conversions, making it less ideal for such services.

Deposit and Withdrawal Processing Times

MiFinity processes all payments to and from the eWallet within a couple of hours unless their systems are flooded with requests or if there is an issue. I haven’t encountered delays when adding funds to MiFinity from banks or cards so far.

Casino deposits are also instant, with up to a minute pending times for the money to appear in your account. Withdrawals, on the other hand, can take up to 5 days. MiFinity takes all requests within 24-48 hours but casinos we recommend usually take up to 72 hours to internally process payout requests.

If you’ve made deposits and withdrawals at the same casino with MiFinity several times, the process will be significantly faster.

KYC process

Gone are the days when the online casino industry was the Wild West. Operators and banking methods alike didn’t require any documents, nor did they verify players’ identities. Now, though, all online casinos ask their players to submit documents showcasing their identity, address, and banking method ownership. That’s to stop money laundering activities, frauds, access from unsupported territories, and underage gambling.

To that end, all new online casino and MiFinity users will need to upload documents (utility bill, bank account details, card number, ID, passport, etc.) to prove their submitted info. The process takes up to 48 hours, and it is required once by every casino you sign up and MiFinity before you first try to withdraw funds.

How We Benchmark MiFinity Online Casinos

Welcome Pack
⚡️4000 AUD
🎰 +400 Free Spins
TOP3 Best casino offer in AU
5.0 rating
5.0
🍒 Welcome bonus
AU$4,500
+150 Free Spins
* 🎡 Crypto Wheel!
5.0 rating
5.0
🐔 Welcome bonus
AU$5,000
300 Free Spins
* 🎉 Grand opening!
5.0 rating
5.0
🎸Welcome pack
AU$4500
260 Free Spins
5.0 rating
5.0
🐔 Welcome bonus
AU$4,500
225 Free Spins
* 🎉 Grand opening!
5.0 rating
5.0

MiFinity performs a screening process for every online casino they collaborate with, ensuring they are a legit business that sticks to their promises. However, we don’t just approve and list every online casino accepting MiFinity payments blindly. We look at several areas to ensure you’ll get the best gambling experience possible, regardless of whether you want to deposit through MiFinity or another payment system.

Aspects we consider include their games (variety and quality), license (always double-check its validity), customer service options (live chat at a minimum), banking terms (minimum and maximum payment limits, fees, wagering requirements,…), bonuses (for new and existing users), reputation (double-check our findings with player reviews), mobile performance (ease of access and gameplay across devices), and more.

A MiFinity casino must excel across the board to earn a place in the Pokies.bet charts. You can learn more about the areas we review here.

Overview of MiFinity Banking Services

Websitehttps://www.mifinity.com/en/
AppsAndroid and iOS
LicenseIn the UK from the FCA and Malta from the MFSA
CertificationsPCI DSS and DigiCert certified
Availability225 countries and territories worldwide
Currencies17+ currencies, including AUD and crypto
ServicesOnline gambling, forex, crypto exchange, eCommerce, and travel
FeatureseWallet, PayAnyBank, PayAnyCard, eVoucher, and Direct Bank Transfers
Contactclientservices@mifinity.com 

Hopefully, this page has resolved any queries you might have about MiFinity. It is our recommended eWallet solution for online gambling Down Under, offering fast and secure payments to and from the best online casinos.

You can follow the guidelines provided and make transactions to claim bonuses and play top-notch slots and live casino games knowing your money is safe.

For any questions we receive, we will be posting the answers in a FAQ section below.

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