The Finest MiFinity Betting Sites in the UK

More and more UK punters are starting to use popular e-wallets for online betting purposes. One of the most attractive digital wallets at the moment is MiFinity. It offers bettors a chance to conduct simple and fast deposits and withdrawals on any device, via browser or mobile app.

You can easily set up a MiFinity account, top it up, and use it at the best MiFinity sportsbooks. We at BestBet will help you get started with this e-wallet by covering all of its important aspects. Read our extensive guide, and see whether MiFinity is the right payment method for your online betting journey.

What Is MiFinity?

MiFinity is a digital payment service from Dublin, Ireland, with 25+ years of experience. It allows its users to set up a wallet and top it up with 80+ banking options, including popular cryptocurrencies. 

You can use this e-wallet to pay online at more than 1,200 sites, as well as send and receive funds. It even has an award-winning payment app, available on iOS and Android smartphones.

The UK Financial Conduct Authority and the Malta Financial Services Authority license and regulate MiFinity. This makes it a legitimate and reliable payment system. Besides the UK and Malta, it also operates in over 220 other countries.

It supports more than 20 languages and allows the use of 18 fiat currencies, including the GBP. On your personal MiFinity account, you can hold up to 9 multi-currency e-wallets. Plus, you can link it with your bank account and conduct simpler direct bank transfers.

In March 2025, MiFinity announced that they surpassed one million users in the world. This is a 100% user growth since April 2023. The UK Fast Growth Index ranked MiFinity as the 8th fastest-growing Financial Services company in the UK.

How to Deposit Funds with MiFinity at UK Betting Sites

Using MiFinity to fund your online betting account in the UK isn’t very difficult. But if this is your first time making a deposit on such platforms, then you may need some assistance. We recommend following the instructions shown below.

1. Open MiFinity’s official website, or download its mobile app
2. Create a MiFinity account and top it up
3. Choose a MiFinity online betting site from our list
4. Create a betting account and verify it via email link or SMS code
5. Go to the “Cashier” section, and click on “Deposit”
6. Pick MiFinity from the list of supported payment methods
7. Type an amount that’s within the minimum and maximum limits
8. Log in to your MiFinity account and authorise the transaction
9. Your funds will instantly pop up in your online betting account balance

How to Withdraw Winnings with MiFinity at UK Online Sportsbooks

Cashing out your online betting winnings in the UK with MiFinity is also a simple process. You can easily complete it in a matter of minutes if you follow our step-by-step guide. Here’s what you need to do to withdraw your winnings with MiFinity:

1. Access the UK bookmaker site that you’re using
2. Sign in to your betting account with your credentials
3. Complete the KYC verification process
4. Enter the “Withdrawal” segment of the “Cashier” section
5. Select MiFinity as your payment method of choice
6. Type an amount that you want to cash out based on the limits
7. Provide the email address you use on your MiFinity account
8. Double-check the details and confirm the payout request
9. Wait for the financial department to approve your withdrawal

MiFinity Transaction Limits, Fees, and Processing Times

Remember that the MiFinity transaction limits are different on almost every UK online sportsbook. However, most operators allow you to deposit at least £10. As for the maximum limits, they can go from £2,000 to £10,000.

When it comes to withdrawals, the lowest possible amount you can cash out is often £10 or £20. Many UK bookmakers will also let you withdraw from £2,000 to £5,000. You may find higher maximum withdrawal limits at some reputable operators.

MiFinity doesn’t charge any fees when sending and receiving funds, apart from transferring money to friends and family. The latter type of transaction comes with a 1% fee of up to £8.80 (€10). 

Now, certain fees apply when you deposit and withdraw funds to and from your MiFinity account via a different payment method. MiFinity also charges a currency conversion fee of 2.99%, and £0.88 (€1) per month if you’re inactive for 12 months. Luckily, most UK sportsbooks don’t include extra MiFinity fees.

Know that all MiFinity deposits are instant on any betting platform. As for withdrawals, they often take up to a couple of hours to complete. On certain occasions, these transactions may take from 24 to 48 hours. Keep in mind the operator's processing time, which usually goes between one and 3 days.

Pros and Cons of Using MiFinity for Online Betting in the UK

MiFinity provides several advantages to UK punters who use this payment method for online betting. But bettors should know that it also comes with a couple of disadvantages. We’ll cover both sides below this segment.

Pros

• Super fast deposits and payouts
• Topping up with 80+ payment methods, including crypto
• No or low deposit and withdrawal fees
• Utilises multiple security layers
• Usually applicable to apply for any betting bonus

Cons

• Not available at all UK bookmakers
• Fees for e-wallet top-ups and cashing out from MiFinity

How We Choose the Best MiFinity Betting Platforms in the UK

We’re constantly reviewing MiFinity bookmakers that operate in the UK, after which we rank them accordingly. During this process, we make sure to check several key attributes to see whether they meet our high standards. Below, you can read about the examination process we follow.

Safety & Security

Our team of experts makes sure that the MiFinity betting sites are licensed operators. We prefer listing bookmakers licensed and regulated by a respected authority, such as the UK Gambling Commission. Next, we check if the bookmaker utilises the latest 128-bit SSL encryption software.

MiFinity Availability

The next step is finding out whether the operator accepts MiFinity as a deposit and withdrawal method. Here, we also inspect the limits and processing times to see if they can please UK punters. We even give out additional points to those sportsbooks that don't charge extra fees.

Sports Betting Options

Examining the available sports and events for online betting is our next focus. The MiFinity bookmakers we select need to have a large list of matches from popular sports and competitions. They should also offer a wide variety of betting markets and additional wagering features.

Betting Bonuses

Finally, our experts examine the available bonuses to see if they are rewarding and easy to claim. The operators we rank need to have a large list of promotions for all types of bettors. Their promos must also have fair and transparent T&Cs that aren't hard to follow and meet.

Benefits of Betting with MiFinity at UK Online Bookmakers

Using MiFinity for online betting in the UK can provide a couple of attractive benefits. They are the main reasons why so many punters rely on MiFinity for this pastime activity. With that in mind, here are the perks of using MiFinity for online betting purposes in the UK:

• Increased payment security – MiFinity utilises multiple security features, including an SSL encryption software, state-of-the-art firewalls, and Strong Customer Authentication (SCA). Plus, it doesn’t ask for your sensitive info, like full bank or card numbers, passwords, and 2FA codes.
• Fast deposits and withdrawals – you’ll instantly fund your online betting account when using MiFinity. Most payouts take a few hours, but in some cases, it may take between 24 and 48 hours.
• Mobile-friendly – this is a mobile-optimised payment service that works on any smartphone, regardless of the OS. It also features a user-friendly and award-winning app that's available to Android and iOS users.
• Apply for betting bonuses – most UK bookmakers will allow you to use MiFinity when applying for their betting offers. This is a major perk as some e-wallets aren’t eligible for such promos. However, we still recommend checking the T&Cs just to be sure.
• There are usually no transaction fees – when sending and receiving funds via MiFinity, you only pay a 1% fee when transferring to family and friends. So, technically, you won't pay any deposit or withdrawal fees on domestic bookmakers.

Alternative Payment Methods

If MiFinity is currently unavailable at the UK bookmaker you joined, then you have to use an alternative. Luckily, there are several good payment methods that you can use instead. Here are just a couple of them that are usually available at most UK betting sites:

• Skrill: a popular e-wallet that offers an easy way of depositing and withdrawing funds. It may come with certain fees, but you can use it at many UK betting sites.
• PayPal: another famous digital payment service that operates globally and supports instant transactions. You can link your card or bank transfer and avoid fees on domestic payments.
• Apple Pay: a mobile wallet that only works on iOS devices, and it's only applicable for deposits. You can link multiple cards and use them for online payments without entering any details.
• Neteller: yet another e-wallet that provides a simple, secure, and fast way of sending and receiving money. It’s available at many UK bookmakers and it features a loyalty program.

Final Thoughts

MiFinity has the quality and potential to please most UK punters. It’s easy to use, it allows top-ups with 80+ banking options, including crypto, and it conducts super-fast transactions. Plus, it has multiple security layers, no or low fees, and a user-friendly and award-winning mobile app.

If these attributes meet your preferences and standards, then you should consider using MiFinity for online betting. We recommend doing that at one of our top-rated UK bookmakers. Join the one you like the most, and don’t forget to gamble responsibly at all times.

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