Yes and No. Let me explain!
Players who have a registered My Paysafecard account can withdraw funds. Simply go to your banking options on the bookmaker site and choose Paysafecard if available.
Those who are topping up their account via 16-digit PINS and are not registered, cannot withdraw funds and have to use an alternative payment method to process a withdrawal.
For flexibility, it is advised to create a My Paysafecard account, enabling withdrawals to be made and still keeping banking data secure.